Federated National Insurance

Founded in Florida in 1992, we are committed to providing fair and competitive pricing coupled with exceptional customer service. Federated National Insurance Company currently holds a Financial Stability Rating® of “A” (Exceptional) by Demotech, Inc. and an A+ by the Better Business Bureau. We specialize in: • Homeowners Insurance • High Value Homes • Condo Insurance • Flood Insurance • Umbrella Liability Insurance • General Liability Insurance Federated National underwrites homeowners’ multi-peril (“homeowners”), commercial general liability, federal flood, personal auto and various other lines of insurance in Florida. Federated National also underwrites homeowners’ and dwelling fire policies in Alabama, Louisiana, South Carolina and Texas through its partnership with SageSure Insurance Managers. Federated National affiliated companies are licensed and have the facilities to market and underwrite other insurance carriers’ lines of business, as well as to process and adjust claims for third party insurance carriers.
Type
Public
HQ
Sunrise, US
Founded
1992
Size (employees)
297 (est)
Website
fednat.com
Federated National Insurance was founded in 1992 and is headquartered in Sunrise, US

Federated National Insurance Office Locations

Federated National Insurance has an office in Sunrise
Sunrise, US (HQ)
180 14050 NW 14th St

Federated National Insurance Metrics

Federated National Insurance Financial Metrics

Revenue (2016)

$316.4 m

Revenue growth (2015-16), %

27%

Net income (2016)

$50 k

Market capitalization (21-Mar-2017)

$236.4 m

Closing share price (21-Mar-2017)

$17.5

Cash (31-Dec-2016)

$74.6 m
Federated National Insurance's current market capitalization is $236.4 m.
Federated National Insurance's revenue was reported to be $316.4 m in 2016
FY, 2013FY, 2014FY, 2015Y, 2016

Revenue

$121.7 m$200.7 m$249.9 m$316.4 m

Revenue growth, %

65%25%27%

Operating expense total

$102.5 m$143.4 m$184.7 m$313.7 m

Interest expense

$348 k

Pre tax profit

$65.2 m$2.7 m

Income tax expense

$24.8 m$2.7 m

Net Income

$12.7 m$37.2 m$40.4 m$50 k
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$53 m$74.6 m

Accounts Receivable

Inventories

PP&E

$929 k$1.7 m$2.9 m$4.2 m

Total Assets

$316.7 m$503.6 m$638.3 m$813.1 m

Accounts Payable

$6.5 m$10.9 m

Additional Paid-in Capital

$80.5 m$127.3 m$132 m$136.8 m

Retained Earnings

$21.9 m$57.4 m$96.5 m$80.3 m

Total Equity

$108.5 m$192.6 m$250.8 m$237.9 m

Financial Leverage

2.9 x2.6 x2.5 x3.4 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$12.7 m$37.2 m$40.4 m$50 k

Depreciation and Amortization

$624 k$869 k

Accounts Receivable

Inventories

Accounts Payable

$3.8 m$4.5 m

Cash From Operating Activities

$79.7 m$63.1 m$52.9 m$69.8 m

Purchases of PP&E

($629 k)($969 k)($1.7 m)($2.1 m)

Cash From Investing Activities

($87.1 m)($107.9 m)($63.6 m)($33.2 m)

Dividends Paid

($1.2 m)($1.7 m)($1.8 m)($4.7 m)

Cash From Financing Activities

$27.7 m$43.5 m$23.6 m($15 m)

Income Taxes Paid

$1.9 m$19.2 m$16.3 m$14.4 m

Federated National Insurance Market Value History

Federated National Insurance Online Presence

Federated National Insurance Company Life

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