NI Holdings, Inc. (NODK)
NASDAQFinancialsInsurance - Property & CasualtySnapshot 2026-11-05
$15.39-0.45%
Close 2026-11-05 · 1-day change
NASDAQFinancialsInsurance - Property & CasualtySnapshot 2026-11-05
QuarterlyIQ Insights · NODK
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
This decrease was driven by Non-Standard Auto (-98.9%) reflecting the continued impact of the Company’s strategic decision to exit the majority of the segment, as well as a decline in Private Passeng…
Stated in 2 of 2 supplied quarters. Management reported: “This decrease was driven by Non-Standard Auto (-98.9%) reflecting the continued impact of the Company’s strategic decision to exit the majority of the segment, as well as a decline in Private Passenger Auto (-8.0%) due to lower renewal premiums and new business in South Dakota and Nebraska, partially offset by increased new business in North Dakota.” “This decrease was driven by Non-Standard Auto (-99.8%) reflecting the continued impact of the Company’s strategic decision to cease writing this business in Illinois, Arizona and South Dakota, as well as a decline in Private Passenger Auto (-7.0%) due to lower renewal premiums resulting from underwriting actions in prior years.”
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Financials names rated weak grew net income 57% of the time over the next year (vs 59% for the rest of the cohort, n=7714).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“This decrease was driven by Non-Standard Auto (-98.9%) reflecting the continued impact of the Company’s strategic decision to exit the majority of the segment, as well as a decline in Private Passeng…”
“This decrease was driven by Non-Standard Auto (-99.8%) reflecting the continued impact of the Company’s strategic decision to cease writing this business in Illinois, Arizona and South Dakota, as wel…”
Furthermore, despite top-line declines tied to our strategic shifts, we are seeing strong momentum in our North Dakota business, solid contributions from our new assumed reinsurance business, and not…
Stated in 2 of 2 supplied quarters. Management reported: “Furthermore, despite top-line declines tied to our strategic shifts, we are seeing strong momentum in our North Dakota business, solid contributions from our new assumed reinsurance business, and notable growth in our Crop segment.” “While premiums declined as expected due to our exit from Non-Standard Auto, we were encouraged by growth in our North Dakota business and stability in our investment income results.”
“Furthermore, despite top-line declines tied to our strategic shifts, we are seeing strong momentum in our North Dakota business, solid contributions from our new assumed reinsurance business, and not…”
“While premiums declined as expected due to our exit from Non-Standard Auto, we were encouraged by growth in our North Dakota business and stability in our investment income results.”
“Despite these catastrophe events and headwinds from increased non-catastrophe weather, we delivered improved year-over-year results, driven in part by favorable prior-year reserve development in Non…
Stated in 2 of 2 supplied quarters. Management reported: ““Despite these catastrophe events and headwinds from increased non-catastrophe weather, we delivered improved year-over-year results, driven in part by favorable prior-year reserve development in Non-Standard Auto, alongside lower losses from our reduced exposure in the segment, validating our decision to strategically pivot away from that business.” ““Strong underlying results, with favorable prior year reserve development in Home and Farm and Private Passenger Auto, drove meaningful underwriting profitability in the quarter.”
““Despite these catastrophe events and headwinds from increased non-catastrophe weather, we delivered improved year-over-year results, driven in part by favorable prior-year reserve development in Non…”
““Strong underlying results, with favorable prior year reserve development in Home and Farm and Private Passenger Auto, drove meaningful underwriting profitability in the quarter.”
Continue disciplined underwriting emphasizing core segments and exiting Non-Standard Auto to improve profitability and reduce risk exposure.
Enhance long-term shareholder value by improving operational results and maintaining disciplined business practices.
Over the trailing year it converted 0.94x of net income into operating cash flow. Historically, Financials names rated neutral grew net income 60% of the time over the next year (vs 57% for the rest of the cohort, n=9158).
Not enough signal yet.
Not enough signal to read sensitivity to the broad stock market, the US dollar, long-term interest rates, real (inflation-adjusted) rates, Fed net liquidity (low R² over the window).
12 material management or governance events in the past 24 months, led by executive changes. Historically, Financials names rated stable grew net income 58% of the time over the next year (vs 59% for the rest of the cohort, n=7436).
Not investment advice. As of 2026-11-05.