NASDAQFinancialsInsurance - LifeSnapshot 2026-11-04
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
Matching fiscal periods, usable estimates and at least one analyst are required.
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
The calculation requires same-period, same-provider snapshots, positive EPS, at least one analyst and a baseline within three days of the requested lookback.
The EPS and P/E reference is not available for SNFCA yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
Three published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Sustain positive operating income growth near $14.7M | Security National Financial keeps positive profits and steady revenue near $80M-$90M. | Intact | operating income falls below $10M next year | Operating income: $11.659M FY2026-Q2; GAAP. Published target: >= $14M. Target period is not explicitly aligned with this observation. Aug 10, 202611,658,709 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management context |
Compare these dated observations with the operating requirements above
Comparable estimate history is unavailable.
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Compare required revenue and earningsMonthly analyst history is unavailable.
Recent actions · Oct 6–Nov 4 · 0 recorded
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Nov 12, 2026
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
Observed price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
This is a small-cap financial company with a value-oriented thesis, not a clear durable compounder. The multi-year view is intact, though confidence is medium and earnings quality is fragile.
SNFCA is described as cheap versus peers, while the expectations gap is negative, suggesting expectations are not especially demanding. The priced-in assessment calls the setup justified, with low fragility rather than a broad mix of expensive valuation, weak execution, and turbulence.
Near term, recent performance is strong: operating income and net income rose from 2025-Q1 to 2026-Q2, and management has delivered positive income growth for six straight quarters. The annual 5% stock dividend tradition continued, but its financial impact is not quantified. The small-cap setting and high-miss-rate industry raise execution risk, while a possible shift toward rate cuts could weigh on the Financials sector.
Over the next one to three years, the thesis depends on SNFCA sustaining positive operating and net income growth despite fragile earnings quality. Sector conditions also matter: continued strength from bellwethers MET, AFL, and PRU could support the Financials backdrop, while weaker results or guidance could remove that support. Interest-rate direction is another swing factor.
The one-to-three-year view remains intact, with strong recent results and a valuation described as cheap versus peers, but medium confidence and fragile earnings quality call for attention to execution and sector conditions. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Stated in 6 of last 6 quarters. Operating income increased from $8.25M in 2025-Q1 to $11.7M in 2026-Q2, and net income rose from $6.4M to $9.0M over the same period. The trajectory shows delivering sustained positive income growth as management emphasized.
Maintain revenue near $80M-$90M | A primary condition in Security National Financial Corp.'s published investment case. The stated target is >= $79M. | Intact | revenue falls below $75M next year | Revenue: $83.926M FY2026-Q2; GAAP. Published target: >= $79M. Target period is not explicitly aligned with this observation. Aug 10, 202683,926,048 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management contextStated in 6 of last 6 quarters. Operating income increased from $8.25M in 2025-Q1 to $11.7M in 2026-Q2, and net income rose from $6.4M to $9.0M over the same period. The trajectory shows delivering sustained positive income growth as management emphasized. Delivery assessment Sep 27, 2026 |
Maintain valuation discount vs peers | A supporting condition in Security National Financial Corp.'s published investment case. The stated target is PE <= 8. | Intact | PE rises above 12 without earnings growth | P/E (TTM): 6.29x As of 2026-11-04; trailing twelve months. The target timing and basis require a separate assessment. Nov 4, 20266.2883 ratio · calculatedLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
Individual price-target observations are unavailable.
0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior
Oct 6, 2026–Nov 4, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.