DOWLING & PARTN Has Bearish Outlook for IGIC FY2026 Earnings

Key Points

• DOWLING & PARTN cut IGIC’s FY2026 earnings forecast to $2.60 per share from $3.00, below the current consensus estimate of $2.81.
• IGIC’s latest quarterly results missed expectations, with earnings of $0.44 per share versus the $0.61 consensus, despite revenue of $143.5 million exceeding the $114.9 million estimate.
• Analyst sentiment remains mixed: the stock has a consensus “Hold” rating and a $30 target price, while IGIC declared a $0.075 quarterly dividend, representing a 1.1% yield.

International General Insurance Holdings Ltd. (NASDAQ:IGIC - Free Report) - Analysts at DOWLING & PARTN dropped their FY2026 earnings estimates for International General Insurance in a report released on Friday, August 14th. DOWLING & PARTN analyst N. Iacoviello now anticipates that the company will post earnings of $2.60 per share for the year, down from their previous forecast of $3.00. The consensus estimate for International General Insurance's current full-year earnings is $2.81 per share.

International General Insurance (NASDAQ:IGIC - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $0.44 earnings per share for the quarter, missing the consensus estimate of $0.61 by ($0.17). International General Insurance had a net margin of 20.68% and a return on equity of 17.03%. The firm had revenue of $143.50 million for the quarter, compared to the consensus estimate of $114.90 million.

IGIC has been the topic of several other reports. Royal Bank Of Canada upped their price target on International General Insurance from $28.00 to $30.00 and gave the stock an "outperform" rating in a research note on Monday, July 13th. Weiss Ratings raised International General Insurance from a "buy (b-)" rating to a "buy (b+)" rating in a research report on Thursday, August 13th. Finally, Zacks Research cut shares of International General Insurance from a "hold" rating to a "strong sell" rating in a report on Monday, July 13th. Two investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $30.00.

International General Insurance Stock Performance

Shares of NASDAQ:IGIC opened at $26.82 on Wednesday. International General Insurance has a 52-week low of $20.82 and a 52-week high of $29.58. The firm has a market capitalization of $1.14 billion, a P/E ratio of 10.77 and a beta of 0.11. The stock has a 50 day moving average price of $27.00 and a 200-day moving average price of $25.74.

International General Insurance Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Tuesday, August 18th will be issued a dividend of $0.075 per share. The ex-dividend date is Tuesday, August 18th. This represents a $0.30 annualized dividend and a dividend yield of 1.1%. International General Insurance's dividend payout ratio (DPR) is presently 12.05%.

Hedge Funds Weigh In On International General Insurance

Hedge funds have recently bought and sold shares of the company. Smartleaf Asset Management LLC purchased a new stake in International General Insurance during the 4th quarter valued at about $56,000. State of Wyoming raised its holdings in International General Insurance by 179.2% in the second quarter. State of Wyoming now owns 6,665 shares of the company's stock worth $160,000 after buying an additional 4,278 shares during the last quarter. Osaic Holdings Inc. lifted its stake in shares of International General Insurance by 29.2% in the second quarter. Osaic Holdings Inc. now owns 6,752 shares of the company's stock worth $162,000 after buying an additional 1,524 shares in the last quarter. Royal Bank of Canada lifted its stake in shares of International General Insurance by 16.5% in the fourth quarter. Royal Bank of Canada now owns 6,559 shares of the company's stock worth $165,000 after buying an additional 929 shares in the last quarter. Finally, BNP Paribas Financial Markets grew its holdings in shares of International General Insurance by 61.0% during the second quarter. BNP Paribas Financial Markets now owns 7,824 shares of the company's stock valued at $188,000 after buying an additional 2,963 shares during the last quarter. Institutional investors own 54.24% of the company's stock.

International General Insurance Company Profile

International General Insurance NASDAQ: IGIC is a global specialty insurer and reinsurer focused on underwriting a diverse portfolio of property and casualty risks. Headquartered in Pembroke, Bermuda, the company provides tailored risk solutions across a broad range of industry sectors. IGIC operates within the excess and surplus lines market, leveraging specialized expertise to cover complex and hard-to-place risks that fall outside the scope of standard commercial insurance.

Founded in 1988, IGIC has grown its product offering to include marine, energy, aviation, construction, professional liability and credit & surety lines.

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