trending Market Intelligence /marketintelligence/en/news-insights/trending/yLZ9cs7BpWZOR95bF8GmyA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Compass Point projects topline growth, earnings expansion for National General

2018 US Property Casualty Insurance Market Report

Fintech

Fintech Funding Flows To Insurtech In February

Lemonade Growing Premiums Faster Than Esurance's Homeowners Business Did

U.S. Life & Health Insurance Market Report


Compass Point projects topline growth, earnings expansion for National General

Compass Point analyst Bijan Moazami has initiated coverage of National General Holdings Corp. at "buy," expecting a high-single-digit topline growth rate and mid-teens earnings expansion for the company in 2019 and 2020.

"The company's niche strategy, solid organic growth rate, successful acquisition track record and competitive cost structure makes it an exceptionally attractive investment," Moazami wrote in a March 20 research note.

Moazami said National General has logged "solid" growth since inception. The analyst also said the company has the "right" strategy and niche in the auto segment, noting that it focuses on affinity and nonstandard auto where it can be competitive. The company's decision to concentrate in narrow geographies has allowed it to achieve economies of scale despite being smaller than its competitors.

Moazami's price target on National General is $34. He estimates an operating EPS of $2.40 for 2019 and $2.60 for 2020.