NI (NASDAQ:NODK) was downgraded by BidaskClub from a “strong-buy” rating to a “buy” rating in a research report issued on Wednesday.
Shares of NI stock opened at $15.94 on Wednesday. NI has a 1-year low of $14.37 and a 1-year high of $17.90. The firm has a market cap of $355.07 million, a price-to-earnings ratio of 13.93 and a beta of 0.30.
NI (NASDAQ:NODK) last announced its quarterly earnings results on Tuesday, November 13th. The company reported $0.24 earnings per share for the quarter. NI had a return on equity of 9.61% and a net margin of 14.42%. The company had revenue of $64.10 million during the quarter.
NI Holdings, Inc underwrites property and casualty insurance products in North Dakota, South Dakota, Nebraska, Minnesota, Nevada, and Arizona. Its products include multi-peril crop, crop hail, private passenger automobile, farm owners, homeowners, and commercial property and liability insurance policies.
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