NI Holdings, Inc.
NODKFinancial ServicesNASDAQInsurance - Property & Casualty · Last scanned Jun 1, 2026
Scan Results
Daily timeframe1 of 4 indicators bearish as of May 29
NI Holdings, Inc., together with its subsidiaries, underwrites property and casualty insurance products in the United States. At a $286.3M market cap, NI Holdings, Inc. ranks as a micro-cap company within financial services. Its products include private passenger auto, homeowners, farm owners, commercial multi-peril, crop hail, excess liability, dwelling, and federal multi-peril crop insurance policies, as well as non-standard automobile insurance policies.
Market Cap
$286.3M
Beta
0.35
P/E (TTM)
—
P/E (Fwd)
—
EPS (TTM)
$-0.21
EPS (Fwd)
—
ROE
-1.7%
ROA
-0.5%
Cash
$57.7M
Total Debt
$1.3M
Free CF
$27.9M
52W Change
6.3%
Annual Financials
Cash vs Debt
The balance sheet looks solid with $57.7M in cash comfortably exceeding the $1.3M debt load. A net cash position generally provides financial flexibility during uncertain economic periods. Free cash flow comes in at $27.9M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. Return on equity stands at -1.7%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Revenue has been relatively flat, moving from $267.8M (2022) to $285.1M (2025).
The relatively low beta of 0.35 suggests NODK is a less volatile holding compared to the broader index. With cash comfortably exceeding debt, NODK has financial flexibility that may help navigate uncertain periods. No single metric tells the full story. Reviewing NODK's risk profile alongside its fundamentals and technical indicators provides a more complete picture.