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National Security Group (National Security Group) Earnings Yield % : 1.96% (As of May. 05, 2024)


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What is National Security Group Earnings Yield %?

The earnings yield is an indication of how much return shareholders' investment in the company earned over the past 12 months. The higher the earnings yield is, the better.

As of today (2024-05-05), the stock price of National Security Group is $16.36. National Security Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2022 was $0.32. Therefore, National Security Group's earnings yield of today is 1.96%.

The earnings yield does not consider the growth of the business. A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. National Security Group's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2022 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past seven years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


National Security Group Earnings Yield % Calculation

Earnings yield is the reciprocal of the P/E Ratio.

National Security Group's Earnings Yield for today is calculated as

Earnings Yield=Earnings per Share (Diluted) (TTM)/Share Price
=0.320/16.36
=1.96 %

National Security Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.320 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

Earnings Yield=Net Income /Market Cap

The earnings in the calculation is the Trailing Twelve Months earnings.


National Security Group  (NAS:NSEC) Earnings Yield % Explanation

If the P/E ratio is an indication of how many years it takes for the company to earn back the stock price shareholders pay to buy the shares, the earnings yield is an indication of how much return shareholders' investment in the company earned over the past 12 months. The higher the earnings yield is, the better.

If a company loses money, the earnings yield is negative. This gives a more straightforward indication that the company is losing money. This is an advantage of using earnings yield instead of the P/E ratio in valuation. For valuation purposes, the P/B Ratio and the P/S Ratio should be used for companies that are losing money.

Like the P/E ratio, the earnings yield can be used to compare investments in different industries. It can even be used to compare the attractiveness of different asset classes such as bonds and cash. Of course, the earnings yield should not be the only factor in deciding which asset classes to invest.

Also similar to the P/E ratio, the earnings yield does not consider the growth of the business. A growing company with the same earnings yield should be more attractive than a company that has the same earnings yield but does not grow.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %.

Be Aware

Just like the P/E Ratio, non-recurring items such as selling part of the business, selling a previous investment, etc., can affect earnings yield dramatically. The earning yield is also a poor indication for cyclical companies. When a cyclical stock has a high earnings yield it is usually at the peak of its cycle.


National Security Group Earnings Yield % Related Terms

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National Security Group (National Security Group) Business Description

Traded in Other Exchanges
N/A
Address
661 East Davis Street, P.O. Box 703, Elba, AL, USA, 36323
National Security Group Inc is an insurance holding company. The company operates through two segments namely Property and casualty insurance, and Life insurance. Its Property and casualty segment primarily write personal lines dwelling coverage including dwelling fire and windstorm, homeowners and mobile homeowners lines of insurance and the company's Life insurance segment offers a basic line of life and health and accident insurance products in around seven states. Geographically, it operates in the region of the United States and derives most of the revenue from the Property and casualty insurance segment.
Executives
Fred Jr Clark director 661 EAST DAVIS ELBA AL 36323
Andrew J. Abernathey 10 percent owner 3523 45TH STREET SOUTH SUITE 100 FARGO ND 58104
Brian R Mcleod officer: Chief Financial Officer 661 EAST DAVIS ELBA AL 36323
Donald S Pittman director 661 EAST DAVIS ELBA AL 36323
Charles B Arnold director 2161 MILL GARDEN RUN BUFORD GA 30519
Elizabeth B Crawford director 4100 CRESCENT ROAD BIRMINGHAM AL 35222
Carolyn E Brunson 10 percent owner 661 EAST DAVIS ELBA AL 36323
Meridian Investments, Llc 10 percent owner 819 30TH AVENUE SOUTH SUITE 206A MOORHEAD MN 56560
Brunson William L Jr officer: Chief Executive Officer 661 EAST DAVIS ELBA AL 36323
Paul C Wesch director 661 EAST DAVIS ELBA AL 36323
L Brunson White director 661 EAST DAVIS ELBA AL 36323
Drayton Jr Nabers director 605 RICHARD ARRINGTON JR BLVD N, BIRMINGHAM AL 35203-2707
O Neil Frank B director
J R Brunson director 661 EAST DAVIS ELBA AL 36323
Fleming G Brooks director

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