NWLI National Western Life Insurance Company featured news, full reports, and detailed charts
National Western Life Insurance Company (NWLI) Wrap Up:
National Western Life Insurance Company (hereinafter referred to as "National Western", "Company", or "Registrant") is a stock life insurance company, chartered in the State of Colorado in 1956, and doing business in forty-nine states, the District of Columbia, and four U.S. territories or possessions. National Western is also licensed in Haiti, and although not otherwise licensed, accepts applications from and issues policies to residents of various countries in Central and South America, the Caribbean, the Pacific Rim, Eastern Europe and Asia. Such policies are underwritten, accepted, and issued in the United States upon applications submitted by independent contractor broker-agents. The Company provides life insurance products for the savings and protection needs of approximately 149,000 policyholders and for the asset accumulation and retirement needs of 124,000 annuity contractholders. During 2007, the Company's total assets increased 2.1% to $6. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f17%2f0000070684-08-000010.html#FIS_BUSINESS"National Western Life Insurance Company (NWLI:NASDAQ)
Snapshot of National Western Life Insurance Company (NWLI)
|
OPEN
$171.00
|
PREVIOUS CLOSE
$171.69
|
|
|
DAY HIGH
$176.08
|
DAY LOW
$170.30
|
|
|
52 WEEK HIGH
10/15/09 - $196.80
|
52 WEEK LOW
03/9/09 - $52.51
|
|
|
MARKET CAP
603.3M
|
AVERAGE VOLUME 3 mo
4.7K
|
|
|
DILUTED EPS TTM
$16.38
|
SHARES OUTSTANDING
3.4M
|
|
|
EX-DATE
10/28/09
|
P/E TTM
10.7x
|
|
|
DIVIDEND
$0.36
|
DIVIDEND YIELD
0.20%
|
|
| K = Thousands M = Millions B = Billions | ||
NWLI Top Compensated Officers
Executives, Board Directors
Key developments for National Western Life Insurance Company (NWLI)
National Western Life Insurance Company reported consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net loss attributable to Class A Shares of $1,083,000 or $0.32 per diluted Class A share compared to $9,522,000 or $2.78 per diluted Class A share, reported for the same period a year ago. Loss from operations was $1,151,000 or $0.33 per diluted share against earnings of $4,253,000 or $1.21 per diluted share for the same period a year ago. Net realized gain on investments was $37,000 or $0.01 per diluted share against loss of $14,053,000 or $3.99 per diluted share for the same period a year ago. Total revenues were $162,809,000 against $87,960,000 for the same period a year ago. For the nine months, the company reported net earnings attributable to Class A Shares of $31,827,000 or $9.28 per diluted Class A share compared to $22,142,000 or $6.42 per diluted Class A share, reported for the second quarter of 2008. Earnings from operations were $36,085,000 or $10.22 per diluted share against $37,043,000 or $10.43 per diluted share for the same period a year ago. Net realized loss in on investments was $3,329,000 or $0.94 per diluted share against $14,255,000 or $4.01 per diluted share for the same period a year ago. Total revenues were $415,033,000 against $299,978,000 for the same period a year ago. The company's book value per share at September 30, 2009 increased to $302.96.
On August 31, 2009, National Western Life Insurance Company entered into a revolving credit loan agreement with Moody National Bank. The company and MNB entered into the Loan Agreement, renewable in 3 years, for the purpose of setting out the terms and conditions pursuant to which MNB granted to the company a revolving line of credit up to the principal amount of $40,000,000.00. This bank line of credit is primarily for cash management purposes relating to investment transactions. The company is required to maintain a collateral security deposit in trust with MNB equal to 110% of the credit limit.
On August 28, 2009, the Board of Directors of National Western Life Insurance Company declared a cash dividend payable November 30, 2009 to stockholders on record as of October 30, 2009. The dividends declared were $0.36 per common share to Class A stockholders and $0.18 per common share to Class B stockholders.
NWLI Competitors
| Company | Last | Change |
| American Equity Investment Life Hldng Co | $7.37 USD | +0.05 |
| American International Group Inc | $35.10 USD | -0.56 |
| Citizens Inc | $6.10 USD | +0.06 |
| Old Mutual | 118.00 GBX | +1.70 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | NWLI | Industry Range |
| Price/Earnings | 18.3x |
|
| Price/Sales | 1.4x |
|
| Price/Book | 0.6x |
|
| Price/Cash Flow | 17.3x |
|
| TEV/Sales | 1.2x |
|
|
NWLI |
||