National Western Life Group, Inc. Announces 2022 Full Year and Fourth Quarter Earnings
NWLIDelisted Stock | USD 499.98 0.28 0.06% |
Under 56% of National Western's investor base is looking to short. The analysis of current outlook of investing in National Western Life suggests that many traders are alarmed regarding National Western's prospects. National Western's investing sentiment shows overall attitude of investors towards National Western Life.
National |
Ross R. Moody, Chairman of the Board, President, and Chief Executive Officer of National Western Life Group, Inc. , announced today 2022 consolidated net earnings of 101.1 million, or 28.60 per diluted Class A common share, compared with consolidated net earnings of 180.7 million, or 51.10 per diluted Class A common share, for 2021. The Companys book value per share as of December 31, 2022 was 552.04.
Read at finance.yahoo.com
National Western Fundamental Analysis
We analyze National Western's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of National Western using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of National Western based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Ratio
Current Ratio Comparative Analysis
National Western is currently under evaluation in current ratio category among its peers. Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
National Western Life Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with National Western stock to make a market-neutral strategy. Peer analysis of National Western could also be used in its relative valuation, which is a method of valuing National Western by comparing valuation metrics with similar companies.
Peers
National Western Related Equities
FG | FG Annuities | 3.06 | ||||
BHFAM | Brighthouse Financial | 1.79 | ||||
BHFAP | Brighthouse Financial | 1.39 | ||||
MET-PE | MetLife Preferred | 1.20 | ||||
CNO | CNO Financial | 1.10 | ||||
JXN | Jackson Financial | 0.79 | ||||
MET-PA | MetLife Preferred | 0.12 | ||||
PUK | Prudential PLC | 1.51 |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Other Consideration for investing in National Stock
If you are still planning to invest in National Western Life check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the National Western's history and understand the potential risks before investing.
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