Security National Financial (NASDAQ:SNFCA – Get Free Report) posted its quarterly earnings results on Monday. The credit services provider reported $0.23 EPS for the quarter, FiscalAI reports. Security National Financial had a return on equity of 9.13% and a net margin of 11.10%. The company had revenue of $79.94 million during the quarter.
Security National Financial Stock Down 1.1%
SNFCA stock opened at $9.38 on Tuesday. The company has a market cap of $256.82 million, a price-to-earnings ratio of 6.81 and a beta of 0.62. The business has a fifty day simple moving average of $8.98 and a 200-day simple moving average of $9.02. Security National Financial has a 52 week low of $7.33 and a 52 week high of $10.23.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings raised shares of Security National Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. One investment analyst has rated the stock with a Buy rating. According to data from MarketBeat.com, the company presently has an average rating of “Buy”.
Read Our Latest Stock Report on SNFCA
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Drive Wealth Management LLC acquired a new stake in Security National Financial during the third quarter worth about $87,000. Russell Investments Group Ltd. lifted its stake in shares of Security National Financial by 25.2% in the 3rd quarter. Russell Investments Group Ltd. now owns 13,101 shares of the credit services provider’s stock valued at $114,000 after purchasing an additional 2,639 shares in the last quarter. Squarepoint Ops LLC acquired a new position in shares of Security National Financial in the 2nd quarter valued at about $149,000. Lunt Capital Management Inc. lifted its stake in shares of Security National Financial by 10.4% in the 2nd quarter. Lunt Capital Management Inc. now owns 19,841 shares of the credit services provider’s stock valued at $192,000 after purchasing an additional 1,869 shares in the last quarter. Finally, Bank of America Corp DE grew its holdings in shares of Security National Financial by 12.3% during the 1st quarter. Bank of America Corp DE now owns 20,493 shares of the credit services provider’s stock worth $194,000 after purchasing an additional 2,238 shares during the period. Institutional investors and hedge funds own 45.58% of the company’s stock.
About Security National Financial
Security National Financial Corporation (NASDAQ: SNFCA) is a Utah-based financial services holding company that operates through subsidiaries focused on life insurance, mortgage lending, and funeral-related services.
Its insurance operations, conducted primarily through Security National Life Insurance Company, offer life insurance products, including traditional and final-expense coverage, as well as annuities and pre-need funeral insurance. These products are designed to help individuals provide financial protection for beneficiaries and plan for future funeral and burial expenses.
The company also operates a mortgage lending business that originates residential mortgage loans.
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