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FedNat Holding Co (FNHC) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

FedNat Holding Co (FNHC) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Federated National Holding Co. is an insurance holding company controlling all steps in the insurance underwriting, distribution and claims processes through its subsidiaries and its contractual relationships with independent agents and general agents. FedNat Holding Co has a market cap of $222.450 million; its shares were traded at around $17.02 with a P/E ratio of 14.67 and P/S ratio of 0.53. The dividend yield of FedNat Holding Co stocks is 1.88%.


For the last quarter FedNat Holding Co reported a revenue of $96.4 million, compared with the revenue of $107.5 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $396.1 million, an increase of 1.1% from last year. For the last five years FedNat Holding Co had an average revenue growth rate of 26.3% a year.

The reported diluted earnings per share was $1.16 for the year, an increase of 93.3% from previous year. Over the last five years FedNat Holding Co had an average EPS decline of 24.1% a year. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, FedNat Holding Co has the cash and cash equivalents of $64.4 million, compared with $86.2 million in the previous year. The long term debt was $44.4 million, compared with $49.3 million in the previous year. FedNat Holding Co has a financial strength rank of 5 (out of 10).

At the current stock price of $17.02, FedNat Holding Co is traded at 17.4% discount to its historical median P/S valuation band of $20.61. The P/S ratio of the stock is 0.53, while the historical median P/S ratio is 0.66. The stock gained 14.97% during the past 12 months.

For the complete 20-year historical financial data of FNHC, click here.

This article first appeared on GuruFocus.