NODK

NIC

Nasdaq / Insurance

At close

2026-06-18

Current thesis

The cleanest bull point after the May 8, 2026 earnings release is that underwriting quality improved materially despite lower premium volume: the combined ratio fell to 79.7%, underwriting gain rose to $11.2 million, and favorable reserve development supported a near-doubling of net income. If the company can keep shrinking troubled Non-Standard Auto exposure while growing Home and Farm and assumed catastrophe-reinsurance business profitably, earnings quality could look better than the stock's muted reaction implies.

Posture

Mixed

Lead driver

Momentum

What changed

Momentum remains the lead driver in the composite.

What can break

Low sell-side coverage and limited external reaction reduce confidence that the post-earnings setup has been independently validated by broader market participants.

Momentum

Value

Sentiment

Setup hits (3d)

0 · Net Neutral

AI TargetsBase $12.20 · Bull $14.00 · Bear $10.80

Data freshness

Prices

As of 2026-06-18

Fundamentals

As of 2026-06-15 • Vendor: Data Vendor v1

Scores

As of 2026-06-18 • Model: HYBRID_IC_RP

AI Memo

As of 2026-05-08 • Model: RankAlpha Sentiment Codex

Investment thesis

As of 2026-06-18

Supporting evidence

What

Grade C · Mixed

Confidence Medium · Net Neutral

Why

Momentum70 · Δ7d -

Value48 · Δ7d -0.5

Sentiment38 · Δ7d -

So what

Balanced signals (Net Neutral). Wait for confirmation before sizing up.

Lead driver: Momentum · See technicals

Momentum

34% active weight

Current posture

7d trendTrend unavailable

Trend unavailable

Δ7d

Δ21d

Value

32% active weight

Current posture

7d trendFlat

Δ7d

-0.5

Δ21d

-1.0

Sentiment

33% active weight

Current posture

7d trendTrend unavailable

Trend unavailable

Δ7d

Δ21d

Why this grade

Composite grade C. Momentum 69.8 / Value 48.4 / Sentiment 38.1

Fundamentals (TTM)

As of 2026-06-15

Market Cap

$319.1M

Beta

0.39

Shares Out

20.61M

P/E (TTM)

109.0

P/S (TTM)

0.93

P/FCF (TTM)

13.84

Rev YoY

-12.2%

EPS YoY

+38.5%

Gross Margin

Op Margin

+1.8%

Net Debt

-$50.73M

Current Ratio

As of 2026-06-18 • Updated nightlySource: Internal modelMethodology