SNFCA - pr is in...Scott M. Quist, President of the Company, said: “I can’t help but admire the execution excellence our teams have accomplished in the first quarter. Overall earnings are up 1,000%. The low interest rate environment has provided our Mortgage Segment a favorable tailwind but note that every segment’s earnings are up triple digits.
SNFCA .61 annualized at a 5 PE is 12.20. In this PE inflated market it seems like it should be worth at least that even recognizing the cyclicality of the mortgage business and the fear of higher interest rates.