Somewhat Positive Press Coverage Somewhat Unlikely to Impact State National Companies (NASDAQ:SNC) Share Price

Media stories about State National Companies (NASDAQ:SNC) have trended somewhat positive this week, according to Accern. The research group identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. State National Companies earned a daily sentiment score of 0.23 on Accern’s scale. Accern also gave news stories about the insurance provider an impact score of 45.9824731978093 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Shares of State National Companies (NASDAQ SNC) traded down $0.01 during mid-day trading on Tuesday, hitting $21.00. 53,300 shares of the stock traded hands, compared to its average volume of 267,297. The company has a market cap of $886.07, a P/E ratio of 16.94 and a beta of 1.06. State National Companies has a 12-month low of $12.00 and a 12-month high of $21.51. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.13.

SNC has been the topic of a number of research analyst reports. Canaccord Genuity restated a “buy” rating and set a $76.00 price objective on shares of State National Companies in a research report on Wednesday, September 13th. JMP Securities downgraded shares of State National Companies from an “outperform” rating to a “market perform” rating in a research report on Tuesday, August 1st. BidaskClub downgraded shares of State National Companies from a “sell” rating to a “strong sell” rating in a research report on Saturday, November 4th. FBR & Co reiterated a “neutral” rating on shares of State National Companies in a research report on Tuesday, October 10th. Finally, Desjardins reiterated a “buy” rating and issued a $72.00 price target on shares of State National Companies in a research report on Friday, November 3rd. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $50.80.

TRADEMARK VIOLATION NOTICE: This story was first published by Week Herald and is the sole property of of Week Herald. If you are viewing this story on another site, it was illegally stolen and reposted in violation of U.S. and international copyright & trademark laws. The original version of this story can be read at https://weekherald.com/2017/11/15/somewhat-positive-news-coverage-somewhat-unlikely-to-impact-state-national-companies-snc-stock-price.html.

About State National Companies

State National Companies, Inc is a specialty provider of property and casualty insurance. The Company’s segments include Program Services, Lender Services and Corporate. In the Program Services segment, the Company operates an issuing carrier (fronting) business to provide insurance capacity access to the United States property and casualty insurance markets.

Insider Buying and Selling by Quarter for State National Companies (NASDAQ:SNC)

Receive News & Ratings for State National Companies Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for State National Companies Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply