About
About Fednat Holding Co
FedNat Holding Company, together with its subsidiaries, engages in the insurance underwriting, distribution, and claims processing business in Florida, Louisiana, Texas, Georgia, South Carolina, Alabama, and Mississippi. The company is involved in the homeowners and casualty insurance; and personal automobile insurance businesses, as well as commercial general liability and federal flood businesses. It markets and distributes its own and third-party insurers' products, and other services through a network of independent and general agents. The company was formerly known as Federated National Holding Company and changed its name to FedNat Holding Company in May 2018. FedNat Holding Company was founded in 1991 and is based in Sunrise, Florida. On December 11, 2022, FedNat Holding Company, along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Florida.
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5 years, 4 months ago
FedNat Holding Company is currently in a long term downtrend where the price is trading 37.3% below its 200 day moving average.
From a valuation standpoint, the stock is 98.9% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 0.1.
FedNat Holding Company's total revenue sank by 21.8% to $85M since the same quarter in the previous year.
Its net income has dropped by 377.9% to $-33M since the same quarter in the previous year.
Finally, its free cash flow grew by 800.4% to $76M since the same quarter in the previous year.
Based on the above factors, FedNat Holding Company gets an overall score of 2/5.