KBW analyst Arash Soleimani reiterated a Buy rating on Federated National (NASDAQ: FNHC) on July 15 and set a price target of $26. The company’s shares opened today at $23.85, close to its 52-week high of $24.37.
According to TipRanks.com, Soleimani is ranked #1469 out of 4840 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Federated National with a $26 average price target.
See today’s analyst top recommended stocks >>
Based on Federated National’s latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of $7.46 million. In comparison, last year the company had a net profit of $4.95 million.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
FedNat Holding Co. engages in the provision of insurance services. It offers underwriting services to homeowners multi-peril, personal automobile, commercial general liability, federal flood, and other lines of insurance. The company was founded by Edward J. Lawson and Michele V. Lawson in 1991 and is headquartered in Sunrise, FL.
