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NLI Holdings, Inc. (NL)

Industrials | Security & Protection Services | Dallas, United States | NYSE
6.73 USD +0.20 (3.063%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 6.73

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★⯪☆☆☆
Hot Take | Aug. 22, 2026, 6:07 a.m. EDT

The investment case for NLI Holdings is currently fractured by a severe disconnect between its attractive headline yield and its deteriorating financial reality. While the 6.21% dividend yield appears generous, it is built on a foundation of negative earnings (-$0.52 trailing EPS) and a payout ratio of 175%, meaning the company is distributing far more cash than it generates in profits. This is a classic value trap where the dividend is likely unsustainable or being funded by cash reserves rather than operational earnings. Fundamentally, the business shows signs of distress. Profit margins are deeply negative at -15.8%, and return on equity is also negative. Although revenue grew by 8% recently, the quality of that growth is questionable given the loss-making operations. The balance sheet is surprisingly strong with minimal debt and high cash, which allows the company to maintain the payout temporarily, but it does not mask the core operational inefficiencies. Technically, the stock is hovering near its 200-day moving average, offering some neutral support, but the statistical forecasting models show very low confidence in any short-term directional move, leaning slightly negative. The options market reinforces this caution, with traders placing significant bets on downside protection rather than upside potential. Until the company demonstrates a path to profitability or a clear plan to cut the dividend to match its earnings capacity, the risk of capital impairment outweighs the income appeal.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.018937
AutoETS0.019789
MSTL0.030676
AutoARIMA0.052154

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 38%
H-stat 6.44
Ljung-Box p 0.418
Jarque-Bera p 0.000
Excess Kurtosis 2.36
Attribute Value
Sector Industrials
Ex Dividend Date 2026-09-02
Last Dividend Date 2026-06-03
Debt to Equity Ratio 0.369
Revenue per Share 3.312
Market Cap 329,088,480
Forward P/E 7.83
Beta 0.20
Profit Margins -15.79%
Previous Name NL Industries, Inc.
Website https://www.nliholdingsinc.com

As of Aug. 22, 2026, 6:07 a.m. EDT: Speculators are displaying a distinct defensive posture with heavy put concentration at the $7.50 strike for November expiration, suggesting a fear of downside volatility around the current price. Conversely, call activity is sparse and skewed toward out-of-the-money strikes, indicating a lack of aggressive bullish conviction despite the stock trading near its 200-day average.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.65% 6.39% 8.84% 7.56%
Dividend History
Date Dividend Yield %
2026-06-04 0.100 1.650165
2026-03-10 0.100 1.700680
2025-11-21 0.090 1.621622
2025-09-05 0.090 1.412873
2025-08-18 0.210 3.365385
2025-06-09 0.090 1.335312
2025-03-11 0.090 1.321586
2024-11-29 0.080 1.006289
2024-09-06 0.080 1.263823
2024-08-19 0.430 6.564885
2024-06-10 0.080 1.161103
2024-03-08 0.080 1.408451
2023-11-30 0.070 1.367188
2023-08-31 0.070 1.353965
2023-06-02 0.070 1.192504
2023-03-06 0.070 0.956284
2022-11-30 0.070 1.029412
2022-08-31 0.070 0.794552
2022-08-19 0.350 3.517588
2022-06-03 0.070 0.782998
2022-03-11 0.070 1.059001
2021-12-01 0.060 1.029160
2021-09-01 0.060 0.887574
2021-06-04 0.060 0.828729
2021-03-12 0.060 0.870827
2020-11-30 0.040 0.854701
2020-08-31 0.040 1.142857
2020-06-08 0.040 1.072386
2020-03-02 0.040 1.149425
2013-12-03 0.125 1.078516
2013-09-03 0.125 1.163873
2013-06-06 0.125 1.099384
2013-03-07 0.125 0.969744
2012-12-05 0.125 1.188213
2012-09-05 0.125 1.070205
2012-06-07 0.125 0.990491
2012-03-06 0.125 0.885269
2011-12-07 0.125 0.934230
2011-09-07 0.125 0.925241
2011-06-08 0.125 0.658935
2011-03-08 0.125 0.879662
2010-12-08 0.125 1.144689
2010-09-08 0.125 1.568381
2010-06-08 0.125 1.888218
2010-03-08 0.125 1.440092
2009-12-08 0.125 1.798561
2009-09-08 0.125 1.879699
2009-06-08 0.125 1.590331
2009-03-06 0.125 1.608752
2008-12-08 0.125 1.001603
2008-09-08 0.125 1.304802
2008-06-06 0.125 1.112100
2008-03-07 0.125 1.245020
2007-12-05 0.125 1.181474
2007-09-10 0.125 1.187085
2007-06-13 0.125 1.196172
2007-03-08 0.125 1.230315
2006-12-06 0.125 1.066553
2006-09-11 0.125 1.253761
2006-06-07 0.125 1.197318
2006-03-23 0.125 1.208897
2005-12-07 0.250 1.651255
2005-09-09 0.250 1.578283
2005-06-09 0.250 1.639344
2005-03-10 0.250 1.162791
2004-12-09 0.200 0.939850
2004-09-09 0.200 1.253133
2004-06-09 0.200 1.526718
2004-03-09 0.200 1.354096
2003-12-10 0.200 1.886792
2003-12-09 8.625 80.834114
2003-09-11 0.200 1.148106
2003-06-09 0.200 1.216545
2003-03-12 0.200 1.353180
2002-12-05 0.210 1.272727
2002-11-21 2.500 15.723271
2002-09-06 0.200 1.332445
2002-06-12 0.200 1.149425
2002-03-06 0.200 1.208459
2001-12-06 0.200 1.324503
2001-09-17 0.200 1.234568
2001-06-11 0.200 1.209921
2001-03-12 0.200 1.028278
2000-12-11 0.200 0.901408
2000-09-13 0.150 0.689655
2000-06-13 0.150 0.845070
2000-03-14 0.150 1.025641
1999-12-14 0.035 0.237288
1999-09-14 0.035 0.291667
1999-05-27 0.035 0.331361
1999-03-15 0.035 0.363636
1998-12-14 0.030 0.218182
1998-09-14 0.030 0.145015
1998-05-28 0.030 0.148148
1996-09-12 0.100 1.012658
1996-06-12 0.100 0.833333
1992-09-10 0.050 0.701754
1992-06-10 0.150 1.846154
1992-03-11 0.150 1.875000
1991-09-10 0.150 0.937500
1991-06-10 0.150 1.008403
1991-03-08 0.150 1.142857
1990-12-10 0.150 1.290323
1990-09-10 0.150 1.176471
1990-06-11 0.150 0.851064
1990-03-12 0.150 0.731707
1989-12-11 0.150 0.631579
1989-09-11 0.150 0.558140
1989-06-12 0.150 0.600000
1989-03-13 0.150 0.615385
1988-09-13 0.125 0.754717
1988-06-13 0.125 0.727273
1988-03-11 0.125 0.666667
1987-12-10 0.125 0.952381
1987-09-14 0.125 0.519481
1987-06-09 0.125 0.666667
1987-03-10 0.125 0.833333
1986-12-22 0.125 0.952381
1986-09-09 0.050 0.410256
1986-06-10 0.025 0.408163
1986-03-11 0.025 0.347826
1985-12-02 0.025 0.384615
1985-09-05 0.025 0.444444
1985-06-07 0.025 0.476190
1985-03-08 0.025 0.412371
1984-11-30 0.025 0.449438
1984-09-06 0.025 0.373832
1984-06-08 0.025 0.333333
1984-03-09 0.025 0.344828
1983-11-29 0.125 1.550388
1983-09-02 0.125 1.315789
1983-06-06 0.125 1.515152
Additional Data
dividendRate 0.4
dividendYield 5.94
exDividendDate 2026-09-03
trailingAnnualDividendRate 0.38
trailingAnnualDividendYield 0.058192953
lastDividendValue 0.1
lastDividendDate 2026-06-04
dividendDate 2026-09-22

Info Dump

Attribute Value
52 Week Change 0.021244287
Address1 5,430 LBJ FREEWAY
Address2 Suite 1700
All Time High 40.75
All Time Low 1.92
Ask 6.9
Ask Size 100
Audit Risk 10
Average Daily Volume10 Day 39,310
Average Daily Volume3 Month 45,522
Average Volume 45,522
Average Volume10Days 39,310
Beta 0.199
Bid 6.43
Bid Size 100
Board Risk 9
Book Value 7.354
City Dallas
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 5
Country United States
Crypto Tradeable 0
Currency USD
Current Price 6.73
Current Ratio 9.024
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 6.89
Day Low 6.5004
Debt To Equity 0.369
Display Name NLI
Dividend Date 1,790,035,200
Dividend Rate 0.4
Dividend Yield 5.94
Earnings Growth 24.21
Earnings Quarterly Growth 24.223
Earnings Timestamp 1,785,960,000
Earnings Timestamp End 1,793,908,800
Earnings Timestamp Start 1,793,908,800
Ebitda 32,734,000
Ebitda Margins 0.20226999
Enterprise To Ebitda 7.403
Enterprise To Revenue 1.497
Enterprise Value 242,314,480
Eps Forward 0.86
Eps Trailing Twelve Months -0.52
Esg Populated 0
Ex Dividend Date 1,788,393,600
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 6.114
Fifty Day Average Change 0.6160002
Fifty Day Average Change Percent 0.100752406
Fifty Two Week Change Percent 2.1244287
Fifty Two Week High 8.6
Fifty Two Week High Change -1.8700004
Fifty Two Week High Change Percent -0.21744189
Fifty Two Week Low 5.04
Fifty Two Week Low Change 1.69
Fifty Two Week Low Change Percent 0.33531746
Fifty Two Week Range 5.04 - 8.6
Financial Currency USD
First Trade Date Milliseconds 322,151,400,000
Five Year Avg Dividend Yield 4.48
Float Shares 8,310,829
Forward Eps 0.86
Forward P E 7.825581
Free Cashflow 18,326,750
Full Exchange Name NYSE
Full Time Employees 2,812
Fullday Change 0.2
Fullday Change Percent 3.06278
Fullday Price 6.73
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.32079
Gross Profits 51,914,000
Has Pre Post Market Data 1
Held Percent Insiders 0.83002
Held Percent Institutions 0.127
Implied Shares Outstanding 48,898,734
Industry Security & Protection Services
Industry Disp Security & Protection Services
Industry Key security-protection-services
Ir Website http://phx.corporate-ir.net/phoenix.zhtml?c=76155&p=irol-irhome
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,780,531,200
Last Dividend Value 0.1
Last Fiscal Year End 1,767,139,200
Last Split Date 598,838,400
Last Split Factor 4:10
Long Business Summary NLI Holdings, Inc., through its subsidiaries, operates in the component products industry in Europe, North America, the Asia Pacific, and internationally. The company manufactures and sells mechanical and electronic cabinet locks and other locking mechanisms, including disc tumbler locks; pin tumbler locking mechanisms under KeSet, System 64, TuBar, and Turbine brands; and electronic locks under CompX eLock and StealthLock brands for use in various applications, such as mailboxes, ignition systems, file cabinets, desk drawers, tool storage cabinets, high security medical cabinetry, integrated inventory and access control secured narcotics boxes, electronic circuit panels, storage compartments, gas station security, vending, and cash containment machines. It also provides original equipment and aftermarket stainless steel exhaust headers, exhaust pipes, mufflers, and other exhaust components; gauges, such as GPS speedometers and tachometers; mechanical, electronic controls, and throttles; wake enhancement devices, trim tabs, steering wheels, and billet aluminum accessories; dash panels, LED indicators, wire harnesses; and grab handles, pin cleats, and other accessories for performance and ski/wakeboard and performance boats. In addition, the company produces and markets value-added titanium dioxide pigments, a base industrial product used in imparting whiteness, brightness, opacity, and durability to a diverse range of customer applications and end-use markets, including coatings, plastics, paper, inks, cosmetics, pharmaceuticals, and other industrial and consumer products. The company sells its component products directly to original equipment manufacturers, as well as through distributors. The company was formerly known as NL Industries, Inc. and changed its name to NLI Holdings, Inc. in May 2026. NL Holdings, Inc. was founded in 1891 and is based in Dallas, Texas. NLI Holdings, Inc. operates as a subsidiary of Valhi, Inc.
Long Name NLI Holdings, Inc.
Market us_market
Market Cap 329,088,480
Market State CLOSED
Max Age 86,400
Message Board Id finmb_290269
Most Recent Quarter 1,782,777,600
Name Change Date 2,026-08-29
Net Income To Common -25,550,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 319,308,733
Open 6.5004
Operating Cashflow 11,209,000
Operating Margins 0.15438
Overall Risk 8
Payout Ratio 1.75
Phone 972 233 1700
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 6.73
Post Market Time 1,787,959,805
Prev Name NL Industries, Inc.
Previous Close 6.53
Price Hint 2
Price To Book 0.9151482
Price To Sales Trailing12 Months 2.0335443
Profit Margins -0.15788001
Quick Ratio 6.98
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.2
Regular Market Change Percent 3.06278
Regular Market Day High 6.89
Regular Market Day Low 6.5004
Regular Market Day Range 6.5004 - 6.89
Regular Market Open 6.5004
Regular Market Previous Close 6.53
Regular Market Price 6.73
Regular Market Time 1,787,947,202
Regular Market Volume 67,103
Return On Assets 0.03674
Return On Equity -0.056989998
Revenue Growth 0.08
Revenue Per Share 3.312
Sand P52 Week Change 0.20204377
Sector Industrials
Sector Disp Industrials
Sector Key industrials
Share Holder Rights Risk 6
Shares Outstanding 48,898,734
Shares Percent Shares Out 0.003
Shares Short 146,401
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 145,773
Short Name NLI Holdings, Inc.
Short Percent Of Float 0.0175
Short Ratio 3.9
Source Interval 15
State TX
Symbol NL
Total Cash 106,988,000
Total Cash Per Share 2.188
Total Debt 1,408,000
Total Revenue 161,830,000
Tradeable 0
Trailing Annual Dividend Rate 0.38
Trailing Annual Dividend Yield 0.058192953
Trailing Eps -0.52
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 6.0026
Two Hundred Day Average Change 0.7273998
Two Hundred Day Average Change Percent 0.12118079
Type Disp Equity
Volume 67,103
Website https://www.nliholdingsinc.com
Zip 75,240-2620