News headlines about National General (NASDAQ:NGHC) have been trending somewhat positive on Thursday, according to Accern Sentiment. The research firm identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. National General earned a daily sentiment score of 0.20 on Accern’s scale. Accern also assigned media headlines about the insurance provider an impact score of 48.0917707142098 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
A number of research firms have weighed in on NGHC. TheStreet raised National General from a “c” rating to a “b” rating in a report on Tuesday, November 21st. Zacks Investment Research raised National General from a “sell” rating to a “hold” rating and set a $22.00 target price for the company in a report on Saturday, January 6th. BidaskClub lowered National General from a “hold” rating to a “sell” rating in a report on Tuesday, December 12th. Finally, Morgan Stanley lifted their target price on National General from $23.00 to $25.00 and gave the company an “equal weight” rating in a report on Thursday, March 1st. One analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $26.40.
National General (NASDAQ:NGHC) opened at $24.25 on Thursday. National General has a twelve month low of $16.21 and a twelve month high of $24.80. The company has a market capitalization of $2,606.83, a PE ratio of 40.42 and a beta of 1.01.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 16th. Stockholders of record on Monday, April 2nd will be issued a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 0.66%. The ex-dividend date is Thursday, March 29th. National General’s payout ratio is 26.67%.
In other news, EVP Thomas Newgarden sold 5,084 shares of the business’s stock in a transaction dated Monday, March 5th. The stock was sold at an average price of $24.26, for a total transaction of $123,337.84. Following the completion of the transaction, the executive vice president now owns 4,766 shares of the company’s stock, valued at $115,623.16. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.43% of the stock is currently owned by insiders.
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About National General
National General Holdings Corp. is a specialty personal lines insurance holding company. Through its subsidiaries, the Company provides a range of insurance products, including personal and commercial automobile, homeowners, umbrella, recreational vehicle, supplemental health, lender-placed and other niche products.
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