International General Insurance (IGIC) to Release Quarterly Earnings on Tuesday

International General Insurance (NASDAQ:IGIC - Get Free Report) will likely be posting its Q1 2025 quarterly earnings results after the market closes on Tuesday, May 6th. Analysts expect the company to announce earnings of $0.58 per share and revenue of $135.50 million for the quarter.

International General Insurance (NASDAQ:IGIC - Get Free Report) last released its quarterly earnings results on Tuesday, February 25th. The company reported $0.89 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.01. The business had revenue of $135.20 million during the quarter, compared to analysts' expectations of $136.20 million. International General Insurance had a return on equity of 22.78% and a net margin of 26.24%. On average, analysts expect International General Insurance to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

International General Insurance Price Performance

Shares of NASDAQ IGIC traded up $1.46 during midday trading on Friday, reaching $25.55. 134,947 shares of the stock traded hands, compared to its average volume of 95,630. The company's 50 day moving average is $24.96 and its 200 day moving average is $24.53. International General Insurance has a one year low of $13.48 and a one year high of $27.76. The stock has a market capitalization of $1.15 billion, a PE ratio of 8.35 and a beta of 0.05.

International General Insurance Dividend Announcement

The firm also recently disclosed a -- dividend, which was paid on Tuesday, April 22nd. Shareholders of record on Friday, April 4th were paid a $0.85 dividend. The ex-dividend date of this dividend was Friday, April 4th. This represents a dividend yield of 0.4%. International General Insurance's payout ratio is currently 3.34%.

Analyst Upgrades and Downgrades

IGIC has been the topic of a number of recent research reports. Royal Bank of Canada upped their price objective on International General Insurance from $28.00 to $31.00 and gave the company an "outperform" rating in a research report on Thursday, February 27th. Oppenheimer raised their price target on International General Insurance from $30.00 to $32.00 and gave the stock an "outperform" rating in a research report on Thursday, February 27th.

About International General Insurance

International General Insurance Holdings Ltd. engages in the provision of specialty insurance and reinsurance solutions worldwide. The company operates through three segments: Specialty Long-tail, Specialty Short-tail, and Reinsurance. It is involved in underwriting a portfolio of specialty risks, including energy, property, construction and engineering, ports and terminals, general aviation, political violence, professional lines, financial institutions, motor, marine liability, contingency, marine, treaty, and casualty insurance and reinsurance.