State National Companies, Inc. (NASDAQ:SNC) To Release Earnings
Analysts await State National Companies, Inc. (NASDAQ:SNC) to report earnings on May, 09 for the fiscal quarter ending Mar 2016.
They expect $0.24 EPS, up 16.67% or $0.04 from last year’s $0.2 per share.
At the moment 2 analysts are watching State National Companies, Inc. (NASDAQ:SNC), 1 rate it “Buy”, 1 “Outperform”, 0 “Underperform”, 0 “Sell”, while 0 “Hold”.
Looking forward, for the quarter ending Jun-16, 1 analyst has a mean sales target of 51.20 million. For the quarter ending Sep-16, 1 analyst has a mean sales target of 51.60 million whilst for the year ending Dec-16, 1 analyst has a mean target of 206.30 million.
In terms of earnings per share, 2 analysts have a 0.25 EPS mean target for the quarter ending Jun-16, for the quarter ending Sep-16, 2 analysts have a 0.26 EPS mean target and for the quarter ending Sep-16 there are 2 estimates of 1.00 EPS.
The biggest institutional shareholders in State National Companies, Inc. include Centerbridge Partners, L.P. which owns 4 million shares in the company valued at $40.66 million. Fortress Investment Group LLC is the second biggest holder with 4 million shares currently valued at 34.34 million whilst Kensico Capital Management Corp has 2 million shares valued at 20.07 million.
Total shares held by institutions as of the most recent company filings are 22,467,476 with a reported 1,465,499 bought and 453,217 sold. These holdings make up 52.81% of the company’s outstanding shares.
Currently insiders hold 229,870 shares in the business which makes up 0.54% of shares. The biggest holder currently is Mr. Terry Ledbetter who owns 323,658 shares (0.76% of those outstanding), whilst Mr. David Cleff holds 17,398 (0.04% of shares outstanding) and Lonnie Ledbetter holds 12,891 (0.03% of shares outstanding).
The stock decreased 0.96% or $0.11 during the last trading session, hitting $13.50. State National Companies, Inc. (NASDAQ:SNC) has risen 32.15% over the past 6 months and is uptrending.

