Media coverage about Federated National (NASDAQ:FNHC) has trended positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Federated National earned a coverage optimism score of 0.28 on Accern’s scale. Accern also gave media coverage about the insurance provider an impact score of 46.28827364639 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Shares of Federated National (NASDAQ FNHC) traded up $0.28 during trading on Monday, hitting $14.55. 59,700 shares of the stock were exchanged, compared to its average volume of 46,069. The firm has a market cap of $189.93, a price-to-earnings ratio of -20.49 and a beta of 1.29. The company has a current ratio of 0.55, a quick ratio of 0.55 and a debt-to-equity ratio of 0.02. Federated National has a 1-year low of $9.78 and a 1-year high of $21.19.

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Thursday, February 1st will be paid a $0.08 dividend. The ex-dividend date is Wednesday, January 31st. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.20%. Federated National’s dividend payout ratio (DPR) is presently -45.07%.

Federated National announced that its Board of Directors has initiated a share repurchase plan on Tuesday, December 19th that authorizes the company to repurchase $10.00 million in outstanding shares. This repurchase authorization authorizes the insurance provider to reacquire shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

FNHC has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods set a $22.00 target price on shares of Federated National and gave the company a “buy” rating in a research note on Thursday, December 21st. Zacks Investment Research upgraded shares of Federated National from a “sell” rating to a “hold” rating in a research note on Wednesday, January 24th. Finally, ValuEngine upgraded shares of Federated National from a “sell” rating to a “hold” rating in a research note on Friday, December 29th.

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About Federated National

Federated National Holding Company (FNHC) is an insurance holding company that controls all steps in the insurance underwriting, distribution and claims processes through its subsidiaries and its contractual relationships with its independent agents and general agents. The Company is authorized to underwrite homeowners’ multi-peril (homeowners), commercial general liability, federal flood, personal auto and various other lines of insurance in Florida and various other states.

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