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Security National Financial (SNFCA) AI Stock Analysis
Security National Financial
(NASDAQ:SNFCA)
SNFCA scores in the middle of the range. The most influential factor is a mixed financial profile: meaningful deleveraging, growing equity and improving net income are offset by a below-peer ~8% ROE, declining operating cash flow, and inconsistent reported figures. Technicals are the biggest drag, with the stock trading below all major moving averages and a negative MACD, though deeply oversold readings suggest limited further downside near term. A low 5.5x P/E provides valuation support, but no cash dividend limits income appeal. The latest earnings call was cautiously positive on cost control and a mortgage turnaround, yet revenue declines, falling investment income and a sharp rise in mortgage delinquencies are notable risks. The long-running 5% stock dividend is a mild positive but economically neutral.
Security National Financial (SNFCA) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $217.48M
- Dividend Yield
- ―
- Average Volume (3M)
- 28.80K
- Price to Earnings (P/E)
- 5.9
- Beta (1Y)
- 1.05
- Revenue Growth
- -1.14%
- EPS Growth
- 73.36%
- Country
- US
- Employees
- 1,243
- Sector
- Financial
- Sector Strength
- 68
- Industry
- Insurance - Life
Security National Financial Business Overview & Revenue Model
Company Description
Security National Financial Corporation (SNFC) operates across three distinct sectors: life insurance, cemetery and mortuary services, and mortgage lending. Its Life Insurance division provides a comprehensive suite of products, encompassing various...
How the Company Makes Money
SNFCA generates revenue primarily through its insurance operations and, to a lesser extent, through mortgage-related activities. 1) Insurance premiums and policy charges: The core revenue stream is premiums collected on life insurance and preneed ins...
Security National Financial Earnings Call Summary
The call reflected a mostly constructive operational performance: solid improvements in profitability, strengthened balance sheet metrics, meaningful cost efficiencies, and return-to-profitability in the mortgage business. At the same time, revenue pressures persist in the Life segment, mortgage delinquencies rose materially, and certain operating margins (funeral/cemetery) faced near-term cost pressure. Management framed several declines as deliberate (product mix shift, separation from originators) and emphasized investments expected to support future growth. Given the breadth of positive profitability, capital, and efficiency developments alongside manageable but notable headwinds, the overall tone is cautiously positive.
Q2-2026 Updates
Positive Updates
Negative Updates
Company Guidance
The company guided that it will deploy elevated cash balances and continue prioritizing top‑line growth while improving profitability, citing a $1.61B asset base (+$47.5M, +3%), cash up 60%, an investment portfolio of just over $1B (down $13M, -1.2%), liabilities of $1.18B (+$24.8M, +2.2%), equity of $433M (+$22.7M, +5.5%) and an improved debt‑to‑equity ratio of 2.72x (from 2.81x); near‑term operating goals include converting increased sales leadership and modal‑pay production (renewal premiums +1.5%; first‑year modal pay running ahead of last year) into reported revenue, deploying roughly $122M in land/subdivision investments to drive future builder profit‑share (noting net investment income was $33.4M YTD vs $38.6M last year, a -14% change and builder profit‑share down ~$2.8M YTD), continuing to control costs (combined commissions and personnel expense down $4.8M Q/Q, -13.5% and $8.0M YTD, -11.8%), monitoring credit (mortgage loans >90 days past due $15.8M vs $6.5M at year end), and converting segment operational improvements (funeral/cemetery: families served +1.1%, avg revenue per call +6.2% to $5.55K, preneed land sales +6.1% to $2.34M) into sustainable margin expansion — while continuing to test and remediate internal controls and urging investors to review both quarterly and year‑to‑date comprehensive income (YTD comprehensive income $22.4M, +86.6%; Q2 comprehensive income $7.3M, -18.2%).
Security National Financial Financial Statement Overview
Summary
Blended view of the income statement (48), balance sheet (62), and cash flow (55) scores. Strengths include a sharply improved leverage profile (debt-to-equity down from 0.84 to 0.24), equity growth of 40% over three years, rising net income ($14.5M in 2023 to $32.2M in 2025), and high-quality earnings with free cash flow tracking near net income. Offsetting these are a modest ~8% return on equity that lags typical life insurance peers, operating cash flow falling from $57.3M to $45.5M and well below 2021–2022 levels, and inconsistent/anomalous TTM reporting figures that reduce confidence in the forward run-rate.
Income Statement
48NeutralBalance Sheet
62PositiveCash Flow
55Neutral| Breakdown | TTM | Dec 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 249.14M | 344.59M | 8.19M | 9.55M | 9.67M | 9.39M |
| Gross Profit | 174.62M | 243.77M | 3.94M | 4.68M | 1.84M | 2.26M |
| EBITDA | 54.21M | 54.65M | 47.14M | 30.39M | 59.88M | 79.32M |
| Net Income | 37.29M | 32.15M | 26.54M | 14.50M | 25.69M | 39.52M |
Balance Sheet | ||||||
| Total Assets | 1.61B | 1.56B | 1.49B | 1.43B | 1.46B | 1.55B |
| Cash, Cash Equivalents and Short-Term Investments | 193.55M | 165.03M | 212.14M | 508.48M | 466.78M | 390.64M |
| Total Debt | 122.23M | 98.39M | 106.74M | 105.56M | 161.71M | 251.29M |
| Total Liabilities | 1.18B | 1.15B | 1.15B | 1.12B | 1.17B | 1.25B |
| Stockholders Equity | 433.04M | 410.37M | 338.78M | 312.90M | 292.79M | 299.77M |
Cash Flow | ||||||
| Free Cash Flow | 79.27M | 43.85M | 54.85M | 52.77M | 128.85M | 139.42M |
| Operating Cash Flow | 80.57M | 45.54M | 57.32M | 53.88M | 130.45M | 144.64M |
| Investing Cash Flow | 11.39M | -67.21M | -43.13M | 14.61M | -37.16M | -63.61M |
| Financing Cash Flow | -7.87M | -14.32M | -4.01M | -62.04M | -101.22M | -55.08M |
Security National Financial Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SNFCA, the sentiment is Positive. The current price of 9.22 is above the 20-day moving average (MA) of 9.14, above the 50-day MA of 8.93, and above the 200-day MA of 9.01, indicating a bullish trend. The MACD of 0.07 indicates Negative momentum. The RSI at 56.82 is Neutral, neither overbought nor oversold. The STOCH value of 72.06 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SNFCA.
Security National Financial Peers Comparison
Overall Rating
VEL72Outperform
ECPG68Neutral
PFSI56Neutral- SNFCA55Neutral
LDI39Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| VEL | 72Outperform | $637.23M | 5.67 | 15.83% | ― | 31.59% | 17.94% |
| ECPG | 68Neutral | $2.13B | 7.34 | 29.83% | ― | 28.84% | ― |
| Sector * | 68Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
| PFSI | 56Neutral | $3.39B | 13.89 | 5.54% | 1.88% | 7.24% | -52.33% |
| SNFCA | 55Neutral | $252.97M | 5.87 | 9.13% | ― | -1.14% | 73.36% |
| LDI | 39Underperform | $205.43M | -1.93 | -30.86% | ― | 17.11% | 9.17% |
* Financial Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| SNFCA | Security National Financial | 9.22 | 1.50 | 19.38% | |
| ECPG | Encore Capital Group | 99.83 | 57.08 | 133.52% | |
| PFSI | PennyMac Financial Services | 63.90 | -59.50 | -48.22% | |
| LDI | loanDepot, Inc. | 0.58 | -2.21 | -79.03% | |
| VEL | Velocity Financial, Inc. | 15.76 | -3.05 | -16.21% |
Security National Financial Corporate Events
Security National Declares 5% Stock Dividend, Extending Streak
PositiveSecurity National Financial Corporation held its Annual Meeting of Stockholders on June 26, 2026, in Salt Lake City, where a quorum was achieved with more than 22 million shares represented across its Class A and Class C common stock. Shareholders el...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Aug 18, 2026