NFP National Financial Partners Corp. featured news, full reports, and detailed charts
National Financial Partners Corp. (NFP) Wrap Up:
National Financial Partners Corp., together with its subsidiaries, engages in the distribution of financial services products in the United States. The company offers corporate benefit products and services, including individual and group disability insurance, long-term care insurance, group life insurance, group health insurance benefits, supplemental life insurance, 401(k), 403(b), and other retirement plans and pension administration. It also offers executive benefit products comprising corporate and bank-owned life insurance products, as well as plan design and administration. In addition, National Financial offers property and casualty insurance brokerage, and advisory services. Further, the company provides life insurance and annuity products, as well as estate planning services primarily to the wealth accumulation, preservation, and transfer needs of high net worth individuals. Its also offers financial planning and investment advisory services, which include managed accounts, mutual funds, investment consulting, trust and fiduciary services, and broker-dealer services. The company also serves entrepreneurial and large corporate markets. National Financial was founded in 1998 and is headquartered in New York, New York.www.nfp.com
3,383 Employees
Founded in 1998
National Financial Partners Corp. (NFP:NYSE)
LAST $8.71 USD
CHANGE TODAY +0.11 1.28%
VOLUME 217.0K
As of 4:03 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).
Snapshot of National Financial Partners Corp. (NFP)
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OPEN
$8.53
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PREVIOUS CLOSE
$8.60
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DAY HIGH
$8.74
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DAY LOW
$8.51
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52 WEEK HIGH
10/21/09 - $10.23
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52 WEEK LOW
11/24/08 - $0.81
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MARKET CAP
360.2M
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AVERAGE VOLUME 3 mo
419.0K
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DILUTED EPS TTM
$-12.43
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SHARES OUTSTANDING
41.4M
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NFP Does Not Pay Dividends
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P/E TTM
NM
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| K = Thousands M = Millions B = Billions | ||
NFP Top Compensated Officers
Ms. Jessica M. Bibliowicz
Chairman of the Board, Chief Executive Office...
Age: 49
Total Annual Compensation: $700.0K
Ms. Donna J. Blank
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $816.7K
Mr. Douglas W. Hammond
Chief Operating Officer, Chief Compliance Off...
Age: 43
Total Annual Compensation: $350.0K
Mr. James R. Gelder
Executive Vice President and Chief Executive ...
Total Annual Compensation: $425.0K
Mr. Michael N. Goldman
Executive Vice President of Mergers & Acquisi...
Age: 36
Total Annual Compensation: $325.0K
Executives, Board Directors
Compensation as of Fiscal Year 2008.
Key developments for National Financial Partners Corp. (NFP)
National Financial Partners Corp. Reports Unaudited Consolidated Financial Results for the Third Quarter and Nine Months Ended September 30, 2009 ; Announces Impairment Charges
11/3/2009
National Financial Partners Corp. reported unaudited consolidated financial results for the third quarter and nine months ended September 30, 2009. NFP reported third quarter 2009 net income of $10.5 million, or $0.24 per diluted share, compared with net income of $3.5 million, or $0.08 per diluted share, in the third quarter of 2008. Third quarter 2009 cash earnings was $26.4 million, or $0.61 per diluted share, compared with $22.9 million, or $0.56 per diluted share, in the third quarter of 2008. Revenue decreased $47.4 million, or 17.1%, to $229.9 million in the third quarter of 2009 from the prior year period. The decrease was driven by an organic revenue decline of $33.9 million, or 16.3%, to $174.3 million. In the quarter income from operations was $17.7 million against $14 million and income before income taxes of $16.8 million against $10.2 million reported last year. Net cash provided by operating activities were $50.4 million against $36.0 million reported last year. In the quarter, the company has incurred $1.8 million on purchases of property and equipment, net against $5.4 million incurred last year. For the nine months, the company has reported loss from operations of $565.1 million, loss before income taxes of $567.5 million and net loss of $495.2 million or $12.11 per diluted share on commissions and fees of $671.1 million compared to income from operations of $59.8 million, income before income taxes of $48 million and net income of $21 million or $0.51 per diluted share on commissions and fees of $851.1 million for the same period last year. Cash earnings were $71 million, or $1.67 per diluted share, compared with $72.1 million, or $1.75 per diluted share reported last year. Net cash provided by operating activities were $83 million against $24.3 million reported last year. In the quarter, the company has incurred $5 million on purchases of property and equipment, net against $30.2 million incurred last year. In the third quarter of 2009, impairment of goodwill and intangible assets was $2.0 million against $5.2 million reported in the third quarter of 2008. For the nine months period the same was $612.2 million against $10.2 million reported last year.
National Financial Partners Corp. expected to Report Fiscal Year 2009 Results on February 8, 2010. This event was calculated by Capital IQ (Created on November 3, 2009).
11/3/2009
National Financial Partners Corp. expected to Report Fiscal Year 2009 Results on February 8, 2010. This event was calculated by Capital IQ (Created on November 3, 2009).
National Financial Partners Corp., Q3 2009 Earnings Call, Nov--04-2009
10/14/2009
National Financial Partners Corp., Q3 2009 Earnings Call, Nov-04-2009
NFP Competitors
| Company | Last | Change |
| Arthur J Gallagher & Co | $22.46 USD | -0.03 |
| Brown and Brown Inc | $17.83 USD | -0.08 |
| CBIZ Inc | $7.04 USD | -0.02 |
| Raymond James Financial Inc | $25.40 USD | -0.15 |
| Hackett Group Inc | $3.00 USD | +0.11 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | NFP | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.4x |
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| Price/Book | 1.1x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 0.0x |
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NFP transactions
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| No transactions in the last 6 months. | ||
More Recent News About National Financial Partners Corp.
More news for NFP
Sector Snap: Insurance companies rise
NEW YORK (AP) -- Insurance stocks got a boost as the broader market rallied Tuesday, helped by positive comments from UBS. UBS resumed coverage of the industry, releasing comments on 13 companies, including higher ratings for Aflac Inc. and The Hartford Financial Services Group.Analyst Andrew Kligerman mostly kept UBS's previous calls on the companies, including maintaining "Buy" ratings for Ameriprise Financial, Genworth Financial Inc., Lincoln National Corp., MetLife, The Phoenix Companies Inc. and Reinsurance Group of America Inc.Of that group, the biggest percentage gainer was Phoenix, which added 11 cents, or 3.6 percent, to $3.14 in afternoon trading. In dollar terms, the best performer was Reinsurance Group, which added 83 cents, or 2 percent, to $44.73. Only Ameriprise lost ground, slipping 20 cents to $36.Kligerman also kept "Neutral" ratings on Conseco Inc., Manulife Financial, National Financial Partners and Protective Life. Manulife added 58 cents, or 2.8 percent, to $20.98 and National Financial rose 40 cents, or 5 percent, to $8.65. Conseco was the only down stock in this group, dipping 23 cents, or 4.4 percent, to $5.06.Even Principal Financial Group, which Kligerman kept at "Sell," gained as the analyst doubled the price target to $24 from its prior $12. Shares edged up 6 cents to $26.70.Investors responded strongly to Kligerman's upgrade of Aflac, which he raised to "Neutral" from "Sell."Kligerman said the net positives for the company, including strong operating earnings that provide a buffer to investment losses, warranted the higher rating. Aflac rose $1.02, or 2.5 percent, to $42.59.And Hartford shares jumped $1.41, or 5.4 percent, to $27.66 as Kligerman raised the insurer to "Buy" from "Neutral" and hiked his price target to $35 from $13.He said the company has the means to "...Click here to read the whole Article (external link)
Q3 2009 National Financial Partners Earnings Release - After Market Close
Earnings Announcements for Tuesday, November 3CompanySymbolTimeConferenceCall3D SystemsTDSCAfter Market CloseListenAbengoaABG.MC11:45 pm ETListenAcorda TherapeuticsACORBefore Market OpenListenAECON GROUP INCARE.TOAfter Market CloseAGA Medical Holdings, Inc.AGAMAfter Market CloseListenAllis-Chalmers Energy Inc.ALYBefore Market OpenAllos Therapeutics, Inc.ALTHAfter Market CloseListenAlpha Natural Resources, Inc.ANRBefore Market OpenAmerican Capital Ltd.ACASAfter Market CloseListenAmerican Tower Corp.AMT07:00 am ETListenAmeriSourceBergenABCBefore Market OpenListenAMICAS INCAMCSAfter Market CloseAMTRUST FINANCIAL SERVICES INCAFSIAfter Market CloseANIMAL HEALTH INTERNATIONAL INCAHIITime Not SuppliedAnoto Group ABAOTOF.PK02:30 am ETAnworth Mortgage Asset...Click here to read the whole Article (external link)
National Financial Partners to Release Third Quarter Earnings on November 3, 2009
NEW YORK, Oct. 14 /PRNewswire-FirstCall/ -- National Financial Partners Corp. (NYSE: NFP - News) will release its third quarter earnings results on November 3, 2009 following the close of the market. A copy of the earnings press release and quarterly financial supplement will be posted to the investor relations section of the National Financial Partners ("NFP") Web site at www.nfp.com/ir. On November 4, 2009 at 8:00 a.m. (ET), members of senior management will discuss third quarter results during a live conference call. The call can be accessed via telephone by dialing 617-399-5125 approximately 10 minutes prior to the start of the call (when prompted, callers should provide the access code NFP). The conference call will also be broadcast live over the Internet at www.nfp.com/ir. To listen to the live audio webcast, please go to the Web site at least 10-15 minutes prior to the start of the call to register.The conference call and webcast will be accompanied by a presentation. The presentation will be available for electronic download on NFP's Web site before the conference call and webcast is scheduled to begin. The presenta...Click here to read the whole Article (external link)
NATIONAL FINANCIAL PARTNERS CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Stateme
Show all filings for NATIONAL FINANCIAL PARTNERS CORP | Request a Trial to NEW EDGAR Online Pro Form 8-K for NATIONAL FINANCIAL PARTNERS CORP 3-Nov-2009Results of Operations and Financial Condition, Financial Stateme Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All info...Click here to read the whole Article (external link)
National Financial Partners Announces Third Quarter 2009 Net Income per Diluted Share of $0.24; Cash Earnings per Diluted Share of $0.58, Excluding Unusual Item
NEW YORK, Nov. 3 /PRNewswire-FirstCall/ -- National Financial Partners Corp. (NYSE: NFP - News), a leading independent distributor of benefits, insurance and investment advisory services, today reported financial results for the third quarter ended September 30, 2009. 3Q 3Q % YTD YTD % Financial Highlights* 2009 2008 Change 2009 2008 Change --------------------- ---- ---- ------ ---- ---- ------ (Dollars in millions, except per share data) Revenue $229.9 $277.3 -17.1% $671.1 $851.1 -21.1% Gross Margin % 19.1% 17.5% 18.1% 17.7% Net income (loss) 10.5 3.5 200.0% (495.2) 20.9 NM Net income (loss) per diluted share 0.24 0.08 200.0% (12.11) 0.51 NM Cash earnings 26.4 22.9 15.3% 70.9 72.1 -1.7% Cash earnings per diluted share $0.61 $0.56 8.9% $1.67 $1.75 -4.6% Organic revenue growth/decline -16.3% -14.4% -19.6% -5.0% Organic gross margin growth/decline -18.4% -22.6% -21.1% -15.0% * This summary includes financial measures not calculated based on generally accepted accounting principles. NM indicates amount not meaningful. NFP reported third quarter 2009 net income of $10.5 million, or $0.24 per diluted share, compared with net income of $3....Click here to read the whole Article (external link)
New Star Analyst Rankings for NATIONAL FINL PTNRS
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Copyright © 1999-2003, StarMine Corp. All rights reserved.StarMine Corp. derives analyst ratings from estimate and recommendation data supplied by Thomson Financial.Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). International historical chart data, daily updates, fund summary, fund performance, dividend data and...Click here to read the whole Article (external link)
National Financial Partners Earnings Call scheduled for 8:00 am ET today
Call DetailsNational Financial Partners Earnings Conference Call (Q3 2009)Wed, Nov 4, 2009, 8:00 am EasternAbout National Financial Partners (NYSE:NFP)National Financial Partners Corp., together with its subsidiaries, engages in the distribution of financial services products in the United States. The company offers corporate benefit products and services, including individual and group disability insurance, long-term care insurance, group life insurance, group health insurance benefits, supplemental life insurance, 401(k), 403(b), and other retirement plans and pension administration. It also offers executive benefit products comprising corporate and bank-owned life insurance products, as well as plan design and administration. In addition, National Financial offers property and casualty insurance brokerage, and advisory services. Further, the company provides life insurance and annuity products, as well as estate planning services primarily to the wealth accumulation, preservation, and transfer needs of high net worth individuals. Its also offers financial planning and investment advisory services, which include managed accounts, mutual funds, investment consulting, trust and fiduciary services, and broker-dealer services. The company also serves entrepreneurial and large corporate markets. National Financial was founded in 1998 and is headquartered in New York, New York.More Info:Quote |Chart |News |Profile |Reports |Research |...Click here to read the whole Article (external link)
NATIONAL FINANCIAL PARTNERS CORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
Show all filings for NATIONAL FINANCIAL PARTNERS CORP | Request a Trial to NEW EDGAR Online Pro Form 8-K for NATIONAL FINANCIAL PARTNERS CORP 4-Nov-2009Regulation FD Disclosure, Financial Statements and Exhibits Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All informati...Click here to read the whole Article (external link)
National Financial Partners Corp. Q3 2009 Earnings Call Transcript
National Financial Partners Corp. (NFP) Q3 2009 Earnings Call November 04, 2009; 08:00 am ET Executives Jessica Bibliowicz - President & Chief Executive Officer Donna Blank - Executive Vice President & Chief Financial Officer Doug Hammond - Executive Vice President & Chief Operating Officer Marc Gordon - Investor Relations Analysts Mark Finkelstein - FPK Andrew Kligerman - UBS [Robert Rowe] - Riversource Investment Presentation Operator Good day, ladies and gentlemen and welcome to the National Financial Partners third quarter 2009 earnings conference call. My name Monica and I’ll be your operator for today. At this time, all participants are in listen-only mode. (Operator Instructions) At this time, I’d now like to turn the call over to Mr. Marc Gordon, you may proceed, sir. Marc Gordon Good morning everyone. Thank you for joining us on our third quarter earnings conference call. During this call management may make certain statements regarding their expectations and projections for NFP relating to future results and events, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s current views with respect to future results and events and are subject to risks and uncertainties that could cause actual results and events to differ materially from those contemplated by a forward-looking statement. Forward-looking statements speak only as of the date on which they are made. NFP expressly disclaims any obligation to update or revise any forward-looking statements whether as the result of new information, future events or otherwise. We refer you to...Click here to read the whole Article (external link)
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