NODK
NI Holdings, Inc. Financial Services - Insurance - Property & Casualty Investor Relations →
NI Holdings, Inc. (NODK) closed at $13.13 as of 2026-03-20, trading 6.2% below its 200-week moving average of $14.00. This places NODK in the deep value zone. The stock is currently moving closer to the line, down from -5.6% last week. The 14-week RSI sits at 33, indicating neutral momentum.
A big spike in selling this week — 3.1x the usual volume, and the price dropped. Sometimes this kind of heavy selling marks the end of a decline. The idea is that the last reluctant holders have finally sold, leaving fewer sellers left to push the price lower.
Over the past 422 weeks of data, NODK has crossed below its 200-week moving average 12 times. On average, these episodes lasted 24 weeks. Historically, investors who bought NODK at the start of these episodes saw an average one-year return of +0.1%.
With a market cap of $271 million, NODK is a small-cap stock. The company generates a free cash flow yield of 15.7%, which is notably high. Return on equity stands at -4.3%. The stock trades at 1.1x book value.
Management has been repurchasing shares, with a 2.5% reduction over three years. This stock also meets the Yartseva multibagger criteria as a small-cap with strong free cash flow yield and reasonable book value.
Over the past 8.2 years, a hypothetical investment of $100 in NODK would have grown to $80, compared to $271 for the S&P 500. NODK has returned -2.7% annualized vs 13.0% for the index, underperforming the broader market over this period.
Free cash flow has been declining. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: NODK vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After NODK Crosses Below the Line?
Across 12 historical episodes, buying NODK when it crossed below its 200-week moving average produced an average return of -1.2% after 12 months (median +0.0%), compared to +13.5% for the S&P 500 over the same periods. 42% of those episodes were profitable after one year. After 24 months, the average return was -2.8% vs +29.5% for the index.
Each line shows $100 invested at the moment NODK crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
NODK has crossed below its 200-week MA 12 times with an average 1-year return of +0.1% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Feb 2018 | Mar 2018 | 2 | 2.7% | -6.6% | -20.3% |
| Mar 2018 | Jun 2018 | 14 | 3.7% | -4.6% | -20.5% |
| Jul 2018 | Aug 2018 | 6 | 2.1% | +5.3% | -20.3% |
| Sep 2018 | Sep 2018 | 1 | 0.4% | +0.6% | -21.6% |
| Oct 2018 | May 2019 | 29 | 10.7% | +7.7% | -19.9% |
| Aug 2019 | Aug 2019 | 1 | 2.2% | +4.2% | -19.2% |
| Nov 2019 | Dec 2019 | 3 | 2.2% | +6.4% | -19.4% |
| Dec 2019 | Jul 2020 | 30 | 37.5% | -1.0% | -20.8% |
| Aug 2020 | Sep 2020 | 5 | 2.7% | +23.1% | -17.4% |
| Apr 2022 | Jun 2022 | 10 | 8.1% | -16.3% | -17.9% |
| Jul 2022 | Nov 2024 | 121 | 23.8% | -17.7% | -22.0% |
| Dec 2024 | Ongoing | 66+ | 18.6% | Ongoing | -14.2% |
| Average | 24 | — | +0.1% | — |
Frequently Asked Questions
Is NODK below its 200-week moving average?
Yes. As of 2026-03-20, NI Holdings, Inc. (NODK) is trading 6.2% below its 200-week moving average of $14.00. The current price is $13.13.
What is NODK's 200-week moving average price?
NI Holdings, Inc.'s 200-week moving average is $14.00 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when NODK drops below its 200-week moving average?
NODK has crossed below its 200-week moving average 12 times in our data. On average, buying at that moment produced a one-year return of +0.1%. These dips have historically been decent entry points. These episodes lasted 24 weeks on average.
Is NODK a good value right now?
Here's what our data says about NODK as of 2026-03-20: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 33. Free cash flow yield is 15.7%. Return on equity is -4.3%. Price-to-book is 1.1x. This is not a buy or sell recommendation — always do your own research.
How does NODK compare to the S&P 500?
Over the past 8.2 years, $100 invested in NODK would have grown to $80, compared to $271 for the S&P 500. That's -2.7% annualized vs 13.0% for the index. NODK has underperformed the broader market over this period.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20