National General (NASDAQ:NGHC) posted its quarterly earnings results on Monday. The insurance provider reported $0.28 EPS for the quarter, beating the consensus estimate of $0.21 by $0.07, Bloomberg Earnings reports. The company had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.01 billion. National General had a return on equity of 7.08% and a net margin of 1.67%. The firm’s revenue was up 5.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.30 EPS.
Shares of National General (NGHC) opened at $23.19 on Wednesday. National General has a fifty-two week low of $16.21 and a fifty-two week high of $25.07. The stock has a market capitalization of $2,150.13, a PE ratio of 38.65 and a beta of 1.26.
The company also recently announced a quarterly dividend, which will be paid on Monday, April 16th. Stockholders of record on Monday, April 2nd will be issued a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date of this dividend is Thursday, March 29th. National General’s payout ratio is currently 26.67%.
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National General Company Profile
National General Holdings Corp. is a specialty personal lines insurance holding company. Through its subsidiaries, the Company provides a range of insurance products, including personal and commercial automobile, homeowners, umbrella, recreational vehicle, supplemental health, lender-placed and other niche products.
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