Stocks · Financial Services · Insurance - Property & Casualty
NI Holdings, Inc. NODK
$14.96 -0.20% Close, Oct 5, 2026 · NASDAQ · Market cap $307.0M
Low risk
Next earnings report: Nov 6, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $0.38, up 371.2% year over year.
- The stock is in an uptrend: above its 200-day average for 102 trading days, with the 50-day average above the 200-day.
- The shares trade at 39.7× trailing earnings, lower than 83% of the company's own readings over the past five years.
PromtFinance scores
Each score is a percentile within the Financial Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 6, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 9%
- EPS growth (TTM, YoY)Top 3%
- FCF growth (TTM, YoY)Bottom 3%
- Revenue growth, 3-year CAGRBottom 11%
- Revenue growth accelerationTop 34%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 25%
- Gross marginBottom 9%
- Operating marginBottom 14%
- Cash conversion (OCF / net income)Bottom 2%
- Accruals (lower is better)Bottom 5%
- Net debt / EBITDA (lower is better)Top 6%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 28%
- Free-cash-flow yieldBottom 9%
- EBITDA / enterprise valueBottom 39%
- Sales / enterprise valueTop 10%
- P/E vs own 5-year history (lower is better)Top 16%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 42%
- 6-month returnTop 20%
- 1-year return vs S&P 500Top 39%
- Distance from 52-week highTop 49%
- Trend checklist (0–4)Top 48%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 23%
- Maximum drawdown, 3 yearsTop 49%
- Beta vs S&P 500 (lower is better)Top 26%
- Net debt / EBITDA (lower is better)Top 6%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -15.2% | -13.9% | ↑ |
| EPS growth (YoY) | -180.0% | 371.2% | ↑ |
| Gross margin | 12.6% | 27.3% | ↑ |
| Operating margin | 0.9% | 4.2% | ↑ |
| FCF margin | 6.3% | -12.1% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | -13.9% | -15.2% | ↑ | Bottom 9% |
| EPS growth (TTM, YoY) | 371.2% | -180.0% | ↑ | Top 3% |
| Gross margin | 27.3% | 12.6% | ↑ | Bottom 9% |
| Operating margin | 4.2% | 0.9% | ↑ | Bottom 14% |
| Net margin | 2.9% | 0.5% | ↑ | — |
| Free-cash-flow margin | -12.1% | 6.3% | ↓ | — |
| Return on invested capital | 6.2% | — | Top 25% | |
| Revenue growth, 3-year CAGR | 2.1% | — | Bottom 11% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- -2.00×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- 7.4%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- -0.0%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -37.9 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- -4.23×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 1.26%
- Shareholder yield
- 1.26%
- Share count change, 1 year
- -0.8%
- Share count change, 3-year CAGR
- -0.6%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 7, 2026).
Earnings and expectations
Earnings momentum
- Average 2-day reaction, last 8
- +0.5%
- Positive 20 days after report
- 5 of 8
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 7, 2026 | — | +0.5% | -1.4% | -1.4% | — |
| May 8, 2026 | — | -0.9% | +7.8% | +15.1% | +20.6% |
| Mar 6, 2026 | — | -1.6% | -3.1% | -3.7% | +5.0% |
| Nov 7, 2025 | — | -0.3% | +1.4% | +0.2% | +3.3% |
| Aug 8, 2025 | — | -1.0% | -3.2% | +2.9% | +1.9% |
| May 9, 2025 | — | +3.0% | +5.1% | +6.6% | +2.1% |
| Mar 7, 2025 | — | +4.2% | -1.5% | -3.4% | -7.7% |
| Nov 7, 2024 | — | -0.3% | -2.5% | +6.6% | -6.3% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 7, 2026 | $0.01 | — | — | $70.2M |
| May 8, 2026 | $0.60 | — | — | $59.6M |
| Mar 6, 2026 | -$0.15 | — | — | $61.0M |
| Nov 7, 2025 | -$0.08 | — | — | $76.6M |
| Aug 8, 2025 | -$0.57 | — | — | $76.1M |
| May 9, 2025 | $0.31 | — | — | $71.4M |
| Mar 7, 2025 | $0.47 | — | — | $73.9M |
| Nov 7, 2024 | -$0.13 | — | — | $89.0M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 39.7× | 59.0× | 17th | Bottom 28% |
| EV / EBITDA | 21.5× | — | — | Bottom 39% |
| EV / Sales | 0.96× | — | — | Top 10% |
| Free-cash-flow yield | -10.55% | — | — | Bottom 9% |
| Earnings yield | 2.52% | — | — | Bottom 28% |
P/E over the past five years
Range 12.8× – 406.3× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +14.4%
- Earnings per share growth (TTM)
- +371.2%
- Change in P/E multiple
- -30.3%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 102
- 50-day average slope (20 days)
- -2.2%
- 200-day average slope (20 days)
- +1.0%
- Distance from 50-day average
- -1.6%
- Distance from 200-day average
- +5.3%
- RSI (14)
- 46.0
- Relative volume
- 0.95×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 14.9%
- Volatility vs own 5-year history
- 0th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.32
- Correlation with S&P 500
- 0.23
- Current drawdown from 1-year high
- -8.4%
- Maximum drawdown, 3 years
- -28.4%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jul 23, 2021 | Oct 23, 2023 | -40.6% | 566 days | Not yet recovered |
| Mar 16, 2021 | Apr 7, 2021 | -10.4% | 15 days | 45 days (Jun 10, 2021) |
| Dec 17, 2020 | Jan 4, 2021 | -10.4% | 10 days | 35 days (Feb 24, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $307.0M
- P/E (TTM)
- 39.7
- EPS, diluted (TTM)
- $0.38
- Revenue (TTM)
- $267.4M
- 52-week range
- $12.37 – $16.70
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $324.0M | $267.8M | $304.0M | $325.2M | $285.1M |
| Gross profit | $43.0M | -$27.6M | $49.9M | $46.5M | $84.3M |
| Operating income | $11.3M | -$52.9M | $20.5M | $10.1M | -$12.3M |
| Net income | $8.4M | -$53.1M | -$5.5M | -$6.1M | -$10.4M |
| EPS (diluted) | $0.39 | -$2.49 | -$0.26 | -$0.29 | -$0.50 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $89.0M | $73.9M | $71.4M | $76.1M | $76.6M | $61.0M | $59.6M | $70.2M |
| Net income | -$2.7M | $9.8M | $6.5M | -$12.1M | -$1.7M | -$3.2M | $12.5M | $146,000 |
| EPS (diluted) | -$0.13 | $0.47 | $0.31 | -$0.57 | -$0.08 | -$0.15 | $0.60 | $0.01 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $29.2M | -$30.4M | $26.0M | $18.1M | -$15.3M |
| Capital expenditure | -$696,000 | -$1.2M | -$974,000 | -$991,000 | -$217,000 |
| Free cash flow | $28.5M | -$31.6M | $25.0M | $17.1M | -$15.5M |
| Dividends paid | $0 | -$3.0M | $0 | $0 | $0 |
| Net share buybacks | -$4.3M | -$4.2M | -$7.3M | $0 | -$2.7M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $51.6M
- Total assets
- $543.1M
- Total liabilities
- $293.8M
- Total debt
- $1.2M
- Net debt
- -$51.6M
- Shareholders’ equity
- $249.4M
As of Jun 30, 2026 (filed Aug 7, 2026).
Short interest
- Shares sold short
- 89,444
- Days to cover
- 2.62
- Change vs previous report
- +18.0%
FINRA short interest, settlement date Sep 15, 2026.