NI Holdings, Inc. (NODK) Stock

NI Holdings, Inc. (NODK) is a Financials stock trading at $15.89 (as of 2026-06-18), with a market capitalization of $286.33M and a trailing P/E of -66.6. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

NI Holdings, Inc. (NODK) underwrites property and casualty insurance products in the United States, including private passenger auto, non-standard automobile, homeowners, farm owners, crop hail, multi-peril crop, and liability coverage. Founded in 1946 and headquartered in Fargo, North Dakota, it operates as a subsidiary of Nodak Mutual Group, Inc.

Valuation — source: SEC EDGAR (first-party)

Price	$15.89
Market Cap	$286.33M
P/E Ratio	-66.6
EV / EBITDA	-62.8
Price / Book	1.14
Price / Sales	1.05
Dividend Yield	2.4%
DCF Value (model)	$-10.44
DCF Upside vs Price	-165.7%

Profitability & Growth — source: SEC EDGAR

Revenue (TTM)	$285.05M
Net Margin	-3.7%
Return on Equity	-1.7%
Debt / Equity	0.01
Revenue Growth (YoY)	-16.6%
EPS Growth (YoY)	93.5%
FCF Growth (YoY)	-119.3%

Valuation vs Sector & Industry

Stock P/E	-66.6
Sector P/E (Financials)	14.2
Industry P/E (Insurance)	11.8
vs Sector	-568.1%
vs Industry	-662.3%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures

Top Institutional Holder	M3F, Inc. ($21.30M)
Institutional Holders Tracked	10

Company

Sector	Financials
Industry	Insurance
CEO	Cindy L. Launer
Employees	202
Country	US
IPO Date	2017-03-16

Related Companies (Business model: Property & Casualty Insurer; 8 closest by market cap)

• American Coastal Insurance Corporation (ACIC)
• Greenlight Capital Re, Ltd. (GLRE)
• American Integrity Insurance Group, Inc. (AII)
• Global Indemnity Group, LLC (GBLI)
• MBIA Inc. (MBI)
• Octave Specialty Group, Inc. (OSG)
• James River Group Holdings, Ltd. (JRVR)
• Kingstone Companies, Inc. (KINS)

Data as of 2026-06-18.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.