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
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 22.1% |
| Our one-year growth estimate | diamond | -7.4% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-11-05.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 29.6 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of —
NODK — officer change
Dated 2026-05-26
Director — Dana J. Kaldor and Callie J. Thomas: Appointment of new non-employee directors to the Board.
Why it matters: North Dakota new business helped offset lower premiums in other auto markets. Continued growth may ease the planned premium decline.
Supportive ifQ3 shows higher Private Passenger Auto premiums from new North Dakota business. Total premiums fall less than 4.1% year over year.
Worry ifNew North Dakota business falls, and Private Passenger Auto premiums drop more than 8% year over year.
Why it matters: A ratio below 100% means premiums covered claims and costs. Q2's 107.7% included large storm losses.
Supportive ifThe Q3 release shows a combined ratio below 100%. Storm losses are lower, with no large reserve benefit needed.
Worry ifThe Q3 combined ratio stays above 100%, or rises above Q2's 107.7%.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$52 on $10,000 · ±0.5% | How much price usually moves either way. |
| Bad day | $176 loss on $10,000 · 1.8% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $1,504 loss on $10,000 · 15.0% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.