Favorable Media Coverage Somewhat Unlikely to Affect State National Companies (SNC) Share Price
News articles about State National Companies (NASDAQ:SNC) have been trending positive recently, Accern reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. State National Companies earned a daily sentiment score of 0.27 on Accern’s scale. Accern also assigned media coverage about the insurance provider an impact score of 45.2802639660443 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
SNC has been the subject of a number of recent research reports. Canaccord Genuity restated a “buy” rating and issued a $77.00 price objective on shares of State National Companies in a report on Friday, November 3rd. Royal Bank Of Canada restated a “buy” rating and issued a $67.00 price objective on shares of State National Companies in a report on Monday, October 23rd. BidaskClub lowered shares of State National Companies from a “strong-buy” rating to a “buy” rating in a report on Friday, September 1st. ValuEngine lowered shares of State National Companies from a “strong-buy” rating to a “buy” rating in a report on Tuesday, August 1st. Finally, Desjardins restated a “buy” rating and issued a $72.00 price objective on shares of State National Companies in a report on Friday, November 3rd. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the company’s stock. State National Companies has an average rating of “Hold” and an average price target of $50.80.
State National Companies (NASDAQ SNC) traded up $0.01 during trading hours on Friday, reaching $21.02. 235,409 shares of the company were exchanged, compared to its average volume of 230,745. State National Companies has a 52 week low of $12.00 and a 52 week high of $21.51. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.13. The company has a market cap of $886.49 and a price-to-earnings ratio of 16.95.
COPYRIGHT VIOLATION WARNING: This piece was first posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this piece on another website, it was stolen and reposted in violation of United States & international trademark and copyright law. The legal version of this piece can be accessed at https://www.thecerbatgem.com/2017/11/18/favorable-media-coverage-somewhat-unlikely-to-affect-state-national-companies-snc-share-price.html.
About State National Companies
State National Companies, Inc is a specialty provider of property and casualty insurance. The Company’s segments include Program Services, Lender Services and Corporate. In the Program Services segment, the Company operates an issuing carrier (fronting) business to provide insurance capacity access to the United States property and casualty insurance markets.
Receive News & Stock Ratings for State National Companies Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for State National Companies Inc. and related stocks with our FREE daily email newsletter.