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Upturn AI Summary - About
NI Holdings Inc(NODK)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for NODK
09/25/2026: NODK (1-star) is currently NOT-A-BUY. Pass it for now.
NI Holdings Inc is a regionally focused property and casualty insurer known for its stable operations in the Upper Midwest. Its core business strength lies in deep expertise in personal and agricultural lines, offering a specialized competitive advantage over national carriers. The company's primary growth story centers on measured geographic expansion and the modernization of its service platforms. However, investors must weigh these opportunities against risks like climate-related underwriting volatility and intense price competition. The stock may be a strong fit for investors seeking exposure to stable, regional insurance assets, though those prioritizing high growth or significant dividends may find the current profile less attractive.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | The company is a slow-growth, stable insurer rather than a high-growth disruptor. |
| Momentum investor | Weak fit | The stock typically exhibits low trading volume and lacks the volatility or catalyst-driven momentum required. |
| Value investor | Mixed fit | The company may offer value for those seeking exposure to regional insurance fundamentals at reasonable book value multiples. |
| Dividend investor | Weak fit | NI Holdings is not primarily focused on returning capital through consistent dividends. |
| Low-risk investor | Strong fit | The insurance business model is generally stable, making it suitable for risk-averse investors seeking long-term holding potential. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Low | The stock typically experiences lower daily price swings compared to high-growth tech equities. |
| Valuation risk | Medium | Investors should monitor the price relative to book value to ensure they are not overpaying for the insurance assets. |
| Competition risk (national insurers) | Medium / high | National carriers with massive scale can exert significant pricing pressure on regional players. |
| Business quality | Medium | The company has a solid reputation but operates in a sector with commodity-like product offerings. |
| Dividend income | Low / none | This is not a primary income-generating stock for dividend-focused portfolios. |
| Execution risk | Medium | Management must effectively balance premium growth with prudent underwriting to maintain profitability. |
Price Behavior
Rolling Over
The price momentum is slowing down and beginning to turn downward.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type Stock | Historic Profit 17.01% | Avg. Invested days 84 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 09/25/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 300.56M USD | Price to earnings Ratio 38.76 | 1Y Target Price - |
Price to earnings Ratio 38.76 | 1Y Target Price - | ||
Volume (30-day avg) 29.3K shares | Beta 0.35 | 52 Weeks Range 12.37 - 16.70 | Updated Date 09/25/2026 |
52 Weeks Range 12.37 - 16.70 | Updated Date 09/25/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.38 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Insurance Underwriting | Premiums collected from auto, home, and farm insurance policies. | The company earns money by collecting premiums and hoping the cost of claims remains lower than those payments. |
| Investment Income | Interest and dividends earned on the company's investment portfolio. | NI Holdings invests the premiums it collects to generate additional profit before they are needed for claims. |
Valuation
Trailing PE 38.76 | Forward PE - | Enterprise Value 249.56M | Price to Sales(TTM) 1.12 |
Enterprise Value 249.56M | Price to Sales(TTM) 1.12 | ||
Enterprise Value to Revenue 0.93 | Enterprise Value to EBITDA - | Shares Outstanding 20.40M | Shares Floating 6.05M |
Shares Outstanding 20.40M | Shares Floating 6.05M | ||
Percent Insiders 68.5 | Percent Institutions 25.01 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About NI Holdings Inc
Exchange NASDAQ | Headquarters Fargo, ND, United States | ||
IPO Launch date 2017-03-16 | CEO, President & Director Ms. Cindy L. Launer | ||
Sector Financial Services | Industry Insurance - Property & Casualty | Full time employees 166 | Website https://www.niholdingsinc.com |
Full time employees 166 | Website https://www.niholdingsinc.com | ||
NI Holdings, Inc., together with its subsidiaries, underwrites property and casualty insurance products in the United States. Its products include private passenger auto, homeowners, farm owners, commercial multi-peril, crop hail, excess liability, dwelling, and federal multi-peril crop insurance policies, as well as non-standard automobile insurance policies. The company was founded in 1946 and is headquartered in Fargo, North Dakota. NI Holdings, Inc. is a subsidiary of Nodak Mutual Group, Inc.
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