FedNat stock has undergone multiple analysts rating changes in the recent past. FedNat Upgraded by Zacks Investment Research on 10/12/2021. In a note to investors, the firm issued a new rating of Hold. The analysts previously had rating of Strong Sell.
Shares of FedNat traded up $0.01 on Tuesday, reaching $2.59. 0 shares of the stock traded hands, compared to its average volume of 76775. Shares of FedNat were trading at $2.59 on Tuesday. The firm’s 50 day moving average is $2.52 and its 200 day moving average is $4.29.FedNat has a 12 month low of $2.54 and a 12 month high of $8.80. While on yearly highs and lows, FedNat’s today has traded high as $2.68 and has touched $2.54 on the downward trend. See More Analyst Rating at: RATING
FedNat Earnings and What to expect:
FedNat last posted its earnings results on August 9th, 2021. The insurance provider reported ($2.90) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.87) by $2.03. The firm had revenue of $49.45 million for the quarter, compared to the consensus estimate of $52.05 million. FedNat has generated ($5.21) earnings per share over the last year (($8.15) diluted earnings per share). Earnings for FedNat are expected to grow in the coming year, from ($4.05) to $0.40 per share. FedNat has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Wednesday, November 3rd, 2021 based off prior year’s report dates.
Earnings for FedNat are expected to grow in the coming year, from ($4.05) to $0.40 per share. The P/E ratio of FedNat is -0.32, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of FedNat is -0.32, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. FedNat has a P/B Ratio of 0.22. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.
FedNat (NASDAQ:FNHC) Moving Average Technical Analysis
5 day Moving Average is $2.63 And 5 day price change is $0.01 (0.39%) with average volume for 5 day average is 38,500. While technical analysis for average 20 days shows significant difference, 20 day moving average is $2.43 and 20 day price change is $0.39 (17.73%) and average 20 day moving volume is 62,120. 50 day moving average is $2.52 and 50 day price change is -$0.09 ( -3.36%) and with average volume for 50 days is : 100,740. 200 day moving average is $4.29 and 200 day price change is -$3.14 (-54.80%) and with average volume for 200 days is : 142,857.
Other owners latest trading in FedNat :
- On 9/3/2021 shares held by Parametric Portfolio Associates LLC were 38,433 which equates to market value of $0.16M and appx 0.00% owners of FedNat
- On 8/17/2021 shares held by Millennium Management LLC were 154,145 which equates to market value of $0.64M and appx 0.00% owners of FedNat
- On 8/17/2021 shares held by Bridgeway Capital Management LLC were 164,100 which equates to market value of $0.68M and appx 0.00% owners of FedNat
- In total Institutional ownership equates to Institutional Ownership Percentage: 31.95% for FedNat
See More Analyst Rating at: RATING