Security National Financial Corporation (SNFCA) Stock

Security National Financial Corporation (SNFCA) is a Financials stock trading at $8.86 (as of 2026-08-20), with a market capitalization of $238.27M and a trailing P/E of 7.7. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Security National Financial Corporation operates in the life insurance, cemetery and mortuary, and mortgage businesses. Its Life Insurance segment sells and services life, annuity, and accident and health products, while its Cemetery and Mortuary segment operates multiple facilities and provides death care products and related professional services.

Understand Security National Financial Corporation: how it makes money

Security National Financial Corporation operates in life insurance, cemetery and mortuary services, and mortgage businesses, making money by selling and servicing life insurance and annuity products, and by originating mortgage loans.

The profit engine is the Life Insurance business, where selling and servicing life insurance, annuities, and accident and health products generates Life Insurance Segment Net Earnings, with results influenced by policyholder benefits and claims.

Business quality (Weak): Overall financial figures are provided, but the available segment revenue breakdown is not clean enough to allocate the latest-quarter 0.1B revenue across reportable segments using only the supplied data.

Valuation: At 7× earnings, SNFCA trades 43% below the Banking average (13×). Note: one-time items can distort reported P/E.

Bull case

Product mix in Life Insurance: The Life Insurance segment includes interest-sensitive life insurance, funeral plans, and annuities (single and flexible premium deferred annuities, and immediate annuities), alongside other traditional life, accident, and health insurance.
Operational monitoring across businesses: The company tracks both life and mortgage operating measures, including Life Insurance Segment Net Earnings and Mortgage Originated Loan Volume.

Bear case

Insurance outcome sensitivity: Life insurance results depend on policyholder benefits and claims (Life Insurance Policyholder Benefits and Claims is a provided operating metric), so higher-than-expected benefits and claims could pressure earnings.
Cemetery and mortuary demand or execution risk: Interment Volume Decline is shown as 16.4 percent, and there are high cemetery sales team turnover indicators (Cemetery Sales Team Turnover Since January 2025 is 60 percent, and Cemetery Sales Team Joined Within Last Six Months is 50 percent).

Valuation — source: SEC EDGAR (first-party)
Price	$8.86
Market Cap	$238.27M
P/E Ratio	7.7
EV / EBITDA	1.5
Price / Book	0.55
Price / Sales	0.72
FCF Yield	42.8%
DCF Value (model)	$19.68
DCF Upside vs Price	122.1%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$344.59M
Net Margin	9.3%
Revenue Growth (YoY)	3.0%
EPS Growth (YoY)	14.0%
FCF Growth (YoY)	-20.1%

Valuation vs Sector & Industry
Stock P/E	7.7
Sector P/E (Financials)	15.1
Industry P/E (Banking)	12.9
vs Sector	-48.9%
vs Industry	-40.1%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	M3F, Inc. ($20.84M)
Institutional Holders Tracked	10

Company
Sector	Financials
Industry	Banking
CEO	Scott Milton Quist
Employees	1,186
Country	US
IPO Date	1987-08-12

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Data as of 2026-08-20.

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