Reviewing NI (NODK) and The Competition

NI (NASDAQ:NODK) is one of 311 public companies in the “Insurance” industry, but how does it compare to its peers? We will compare NI to related companies based on the strength of its institutional ownership, valuation, dividends, analyst recommendations, profitability, earnings and risk.

Volatility and Risk

NI has a beta of 0.25, indicating that its share price is 75% less volatile than the S&P 500. Comparatively, NI’s peers have a beta of -1.59, indicating that their average share price is 259% less volatile than the S&P 500.

Profitability

This table compares NI and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
NI	5.79%	6.11%	2.94%
NI Competitors	8.69%	-9.86%	4.10%

Earnings & Valuation

This table compares NI and its peers top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
NI	$259.40 million	-$10.41 million	20.82
NI Competitors	$15.41 billion	$1.70 billion	33.62

NI’s peers have higher revenue and earnings than NI. NI is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Institutional & Insider Ownership

21.9% of NI shares are owned by institutional investors. Comparatively, 55.8% of shares of all “Insurance” companies are owned by institutional investors. 1.0% of NI shares are owned by company insiders. Comparatively, 13.5% of shares of all “Insurance” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Analyst Ratings

This is a summary of current ratings and target prices for NI and its peers, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
NI	0	1	0	0	2.00
NI Competitors	3341	15701	16545	743	2.40

As a group, “Insurance” companies have a potential upside of 4.80%. Given NI’s peers stronger consensus rating and higher possible upside, analysts clearly believe NI has less favorable growth aspects than its peers.

Summary

NI peers beat NI on 11 of the 13 factors compared.

NI Company Profile

NI Holdings, Inc. is an insurance holding company that provides property and casualty insurance through its operating subsidiaries, including Nodak Insurance Company and Primero Insurance Company. The company serves individuals, farmers, families and businesses primarily in North Dakota, South Dakota and Minnesota. Its insurance offerings include personal auto, homeowners, farmowners, commercial and agricultural coverage, along with other related property and liability products. NI Holdings distributes its policies through independent agents, including agents affiliated with Farm Bureau organizations.