Security National Financial Corporation Class A (SNFCA)

In the past six months, Security National Financial Corp. reported a 33% decline in Q3 2025 net earnings due to increased expenses. The mortgage segment's market share dropped to 11 basis points, although refinance volumes reached a three-year high. Personnel costs rose 6% year-to-date as of Q3 2025. Management is preparing for accelerated filing status and implementing new accounting standards in Q4 2025. Short interest in SNFCA significantly decreased by 22.1% in January 2026, and the stock price has seen a positive return of +1.36% as of February 7, 2026. Within the past year, SNFCA's stock price has fluctuated between $7.69 and $13.46, and the company's market capitalization increased by 2.65% in the 30 days leading up to February 2, 2026.

Demand for life insurance and funeral services tends to be relatively stable, as these are often needs-based services. The mortgage industry can experience seasonality, with demand for residential loans often increasing during warmer months due to higher home buying activity.

Security National Financial Corp. operates in the Financial Services sector, primarily in Life Insurance, with a presence in Banking Services. The Life Insurance segment sells and services life insurance lines, annuity products, and accident and health insurance, including niche products like funeral plans. The Cemetery and Mortuary segment provides death care products and services, including pre-need selling of funeral, cemetery, mortuary, and cremation services. The Mortgage segment originates and underwrites residential and commercial loans for new construction, existing homes, and other real estate projects.

Security National Financial Corp.'s business activities are primarily concentrated within the United States. Life Insurance products are marketed in 40 states through independent licensed insurance agents. The company operates eleven mortuaries and five cemeteries in Utah, one cemetery in California, and one cemetery and four mortuaries in New Mexico. The mortgage segment operates through 100 retail offices in 23 states, with primary operations in Florida, Nevada, Texas, and Utah. Security National Mortgage Company operates a nationwide branch network in all 50 states.

Security National Financial Corp. has maintained a positive brand reputation in the past year. The company has been recognized with the "Top Workplace Award" for nine consecutive years, and its Utah-based Cemetery and Mortuary group has received the "Best in State" award for seven consecutive years.

Security National Financial Corporation has a significant number of institutional and individual owners. Key institutional shareholders include Soltis Investment Advisors LLC, M3F, Inc., BlackRock, Inc., Vanguard Group Inc, Dimensional Fund Advisors Lp, Lhm, Inc., Ameriprise Financial Inc, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Bridgeway Capital Management Inc, and Geode Capital Management, Llc. Significant individual ownership is held by the Scott M & Lisa J Quist Family Trust (49.27%), Quist Family Partnership Ltd. (40.75%), and Scott Quist (5.096%).