Security National Financial (NASDAQ:SNFCA) Rating Increased to Buy at Wall Street Zen

Wall Street Zen upgraded shares of Security National Financial (NASDAQ:SNFCA) from a hold rating to a buy rating in a research report released on Saturday morning.

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Security National Financial in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the company has a consensus rating of “Hold”.

Security National Financial Trading Up 1.5%

Shares of NASDAQ SNFCA opened at $9.48 on Friday. Security National Financial has a one year low of $7.32 and a one year high of $12.38. The business has a 50-day moving average price of $8.99 and a two-hundred day moving average price of $8.70. The firm has a market capitalization of $246.39 million, a PE ratio of 7.52 and a beta of 0.75.

Security National Financial (NASDAQ:SNFCA) last issued its earnings results on Monday, March 16th. The credit services provider reported $0.53 earnings per share for the quarter. The company had revenue of $82.98 million for the quarter. Security National Financial had a return on equity of 8.71% and a net margin of 9.33%.

Institutional Trading of Security National Financial

Institutional investors and hedge funds have recently made changes to their positions in the stock. Veradace Capital Management LLC bought a new stake in shares of Security National Financial during the 4th quarter worth about $3,181,000. Geode Capital Management LLC grew its holdings in Security National Financial by 134.4% during the second quarter. Geode Capital Management LLC now owns 308,665 shares of the credit services provider’s stock valued at $3,041,000 after purchasing an additional 176,996 shares during the last quarter. Raymond James Financial Inc. lifted its stake in shares of Security National Financial by 1,404.7% in the second quarter. Raymond James Financial Inc. now owns 151,688 shares of the credit services provider’s stock worth $1,494,000 after buying an additional 141,607 shares during the last quarter. M3F Inc. boosted its holdings in shares of Security National Financial by 5.2% during the 3rd quarter. M3F Inc. now owns 2,233,648 shares of the credit services provider’s stock worth $19,366,000 after buying an additional 111,223 shares during the period. Finally, Ameriprise Financial Inc. boosted its holdings in shares of Security National Financial by 21.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 569,295 shares of the credit services provider’s stock worth $4,936,000 after buying an additional 101,477 shares during the period. Institutional investors and hedge funds own 45.58% of the company’s stock.

Security National Financial Company Profile

Security National Financial Corp. is a diversified provider of mortgage lending, settlement and technology services under the NASDAQ ticker SNFCA. Through its primary subsidiaries—Security National Mortgage Company and Titan Lenders Corp—the company originates and funds residential mortgage loans across retail, wholesale and correspondent channels. Its platform supports a full range of loan products, including conventional, government-insured and jumbo financing tailored to homebuyers and investors.

Established in 1989, Security National Mortgage Company operates a nationwide branch network in all 50 states, offering local origination backed by centralized underwriting and closing services.