NASDAQ:IGIC International General Insurance (IGIC) Stock Price, News & Analysis → Did you make $29,000 two days with AI options trades? (From Prosper Trading Academy) (Ad) Free IGIC Stock Alerts $12.90 -0.45 (-3.37%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$12.85▼$13.3550-Day Range$11.87▼$13.7552-Week Range$8.00▼$13.93Volume70,670 shsAverage Volume53,092 shsMarket Capitalization$606.69 millionP/E Ratio5.06Dividend Yield0.31%Price Target$15.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get International General Insurance alerts: Email Address International General Insurance MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside16.3% Upside$15.00 Price TargetShort InterestHealthy0.22% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.58Based on 17 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.29 out of 5 starsFinance Sector459th out of 882 stocksInsurance Carriers, Not Elsewhere Classified Industry2nd out of 3 stocks 2.5 Analyst's Opinion Consensus RatingInternational General Insurance has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $15.00, International General Insurance has a forecasted upside of 16.3% from its current price of $12.90.Amount of Analyst CoverageInternational General Insurance has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.22% of the float of International General Insurance has been sold short.Short Interest Ratio / Days to CoverInternational General Insurance has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in International General Insurance has recently decreased by 15.04%, indicating that investor sentiment is improving significantly. Previous Next 0.8 Dividend Strength Dividend YieldInternational General Insurance has a dividend yield of 0.31%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthInternational General Insurance does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of International General Insurance is 1.57%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for IGIC. Previous Next 2.5 News and Social Media Coverage News SentimentInternational General Insurance has a news sentiment score of 0.58. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 17 news articles for International General Insurance this week, compared to 1 article on an average week.MarketBeat Follows1 people have added International General Insurance to their MarketBeat watchlist in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, International General Insurance insiders have not sold or bought any company stock.Percentage Held by Insiders20.10% of the stock of International General Insurance is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions71.68% of the stock of International General Insurance is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of International General Insurance is 5.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 149.72.Price to Earnings Ratio vs. SectorThe P/E ratio of International General Insurance is 5.06, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.74.Price to Book Value per Share RatioInternational General Insurance has a P/B Ratio of 1.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap ProfitsClaim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.Secure Your Spot Now About International General Insurance Stock (NASDAQ:IGIC)International General Insurance Holdings Ltd. provides specialty insurance and reinsurance solutions worldwide. It operates through three segments: Specialty Long-tail, Specialty Short-tail, and Reinsurance. The company underwrites a portfolio of specialty risks, including energy, property, construction and engineering, ports and terminals, general aviation, political violence, professional lines, financial institutions, marine, contingency, treaty, and casualty reinsurance. International General Insurance Holdings Ltd. was founded in 2001 and is based in Amman, Jordan.Read More IGIC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart IGIC Stock News HeadlinesMarch 16, 2024 | americanbankingnews.comInternational General Insurance Holdings Ltd. (NASDAQ:IGIC) Short Interest Down 15.0% in FebruaryMarch 16, 2024 | finance.yahoo.comIGIC Apr 2024 15.000 callMarch 18, 2024 | Porter & Company (Ad)My next big prediction isn’t a predictionI believe this could change your life forever. I’m talking about transforming everything for you, financially. You see, a rare market anomaly has emerged that I believe is going to make some people very wealthy. Almost nobody in the mainstream media or Wall Street has connected the dots on what’s going on, but that ignorance won’t last for long. When they wake up to this situation, billions of dollars will flood in.March 16, 2024 | markets.businessinsider.comRBC Capital Sticks to Its Buy Rating for International General Insurance Holdings (IGIC)March 15, 2024 | msn.comInternational General Insurance Holdings Ltd. (NASDAQ:IGIC) Q4 2023 Earnings Call TranscriptMarch 13, 2024 | benzinga.comRecap: Intl General Insurance Q4 EarningsMarch 13, 2024 | msn.comInternational General Insurance declares $0.01 dividend and extraordinary cash dividend of $0.50March 12, 2024 | msn.comInternational General Insurance Holdings Non-GAAP EPS of $0.65 in-lineMarch 18, 2024 | Paradigm Press (Ad)8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)THIS cryptocurrency has gained 40% in 6 months. A crypto millionaire who has researched the space for a decade says it will go up 8,788% in 5 years. The name of this cryptocurrency is revealed right here: March 12, 2024 | businesswire.comIGI Declares Extraordinary Cash Dividend and Regular Ordinary Common Share DividendMarch 12, 2024 | businesswire.comIGI Reports Fourth Quarter and Full Year 2023 Condensed and Unaudited Financial ResultsMarch 12, 2024 | msn.comHong Kong general insurance market to hit $10.9bn by 2028March 11, 2024 | benzinga.comEarnings Outlook For Intl General InsuranceMarch 11, 2024 | msn.comInternational General Insurance Holdings Q4 2023 Earnings PreviewMarch 8, 2024 | msn.comHub International snaps up Alliance Insurance assetsFebruary 29, 2024 | finanznachrichten.deINTERNATIONAL GENERAL INSURANCE HOLDINGS LTDFebruary 29, 2024 | finance.yahoo.comIGI Provides Preliminary Unaudited Fourth Quarter and Full Year 2023 Financial Results Highlights in Advance of the Annual AIFA ConferenceFebruary 21, 2024 | latimes.comGenerali Travel Insurance Review 2024February 14, 2024 | seekingalpha.comInternational General Insurance: An Exceptional, Undiscovered Small-CapFebruary 14, 2024 | msn.comAmerican International Group Non-GAAP EPS of $1.79 beats by $0.15February 6, 2024 | msn.comOpportunity International Savings and Loans receives ISO/IEC 27001 certificationFebruary 6, 2024 | msn.comInsurance Premium Income May Cross N1trn In 2024 – DG, NIAFebruary 1, 2024 | finance.yahoo.comChuck Royce Adjusts Position in International General Insurance Holdings LtdJanuary 23, 2024 | finance.yahoo.comIGI to Release Fourth Quarter and Full Year 2023 Financial Results on March 12, 2024January 20, 2024 | usnews.com12 Best Travel Insurance Companies of January 2024January 3, 2024 | bizjournals.comInternational insurance company may lay off dozens of employees in MiamiDecember 14, 2023 | morningstar.comInternational General Insurance Holdings Ltd Ordinary SharesSee More Headlines Receive IGIC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for International General Insurance and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/03/2023Today3/18/2024Ex-Dividend for 4/22 Dividend3/28/2024Dividend Payable4/22/2024Next Earnings (Estimated)5/21/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Insurance carriers, not elsewhere classified Sub-IndustryN/A Current SymbolNASDAQ:IGIC CUSIPN/A CIK1794338 Webwww.iginsure.com Phone(626) 562-2009FaxN/AEmployees355Year FoundedN/APrice Target and Rating Average Stock Price Target$15.00 High Stock Price Target$15.00 Low Stock Price Target$15.00 Potential Upside/Downside+16.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$2.55 Trailing P/E Ratio5.06 Forward P/E RatioN/A P/E GrowthN/ANet Income$85.46 million Net Margins25.06% Pretax Margin28.17% Return on Equity28.03% Return on Assets7.71% Debt Debt-to-Equity RatioN/A Current Ratio0.66 Quick Ratio0.52 Sales & Book Value Annual Sales$472 million Price / Sales1.29 Cash Flow$1.84 per share Price / Cash Flow7.00 Book Value$8.72 per share Price / Book1.48Miscellaneous Outstanding Shares47,030,000Free Float37,580,000Market Cap$606.69 million OptionableOptionable Beta0.16 The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. Wasef Salim Jabsheh (Age 81)Founder & Executive Chairman Mr. Waleed Wasef Jabsheh (Age 48)CEO, President & Director Mr. Pervez Rizvi (Age 63)Group Chief Financial Officer Mr. Hatem Wasef Jabsheh (Age 44)Group Chief Operating Officer Mr. Mamraj ChaharVice President of InvestmentMr. Ruwan PereraGroup Chief Technology & Information OfficerMs. Robin SiddersHead of Investor RelationsMs. Rawan AlsulaimanChief Legal & Compliance Officer and Company SecretaryAaida Abu JaberAssistant Vice President of PR & MarketingMr. Tandy HarrisChief Human Resources OfficerMore ExecutivesKey CompetitorsBrookfield Asset Management Reinsurance PartnersNYSE:BAMRTPG RE Finance TrustNYSE:TRTXUnivest FinancialNASDAQ:UVSPCION InvestmentNYSE:CIONMercantile BankNASDAQ:MBWMView All CompetitorsInstitutional OwnershipGilder Gagnon Howe & Co. LLCSold 41,749 shares on 2/15/2024Ownership: 3.144%Weiss Multi Strategy Advisers LLCSold 32,746 shares on 2/15/2024Ownership: 0.643%New Vernon Investment Management LLCBought 112,890 shares on 2/15/2024Ownership: 0.240%Citadel Advisors LLCBought 2,300 shares on 2/15/2024Ownership: 0.000%Royal Bank of CanadaBought 6,364 shares on 2/14/2024Ownership: 0.115%View All Institutional Transactions IGIC Stock Analysis - Frequently Asked Questions Should I buy or sell International General Insurance stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for International General Insurance in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" IGIC shares. View IGIC analyst ratings or view top-rated stocks. What is International General Insurance's stock price target for 2024? 1 Wall Street analysts have issued 1-year price objectives for International General Insurance's stock. Their IGIC share price targets range from $15.00 to $15.00. On average, they anticipate the company's share price to reach $15.00 in the next twelve months. This suggests a possible upside of 16.3% from the stock's current price. View analysts price targets for IGIC or view top-rated stocks among Wall Street analysts. How have IGIC shares performed in 2024? International General Insurance's stock was trading at $12.88 on January 1st, 2024. Since then, IGIC shares have increased by 0.2% and is now trading at $12.90. View the best growth stocks for 2024 here. Are investors shorting International General Insurance? International General Insurance saw a drop in short interest in February. As of February 29th, there was short interest totaling 32,200 shares, a drop of 15.0% from the February 14th total of 37,900 shares. Based on an average daily trading volume, of 55,500 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.2% of the shares of the company are sold short. View International General Insurance's Short Interest. When is International General Insurance's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 21st 2024. View our IGIC earnings forecast. How were International General Insurance's earnings last quarter? International General Insurance Holdings Ltd. (NASDAQ:IGIC) released its quarterly earnings data on Friday, March, 3rd. The company reported $0.28 earnings per share for the quarter. The business had revenue of $104.60 million for the quarter. International General Insurance had a net margin of 25.06% and a trailing twelve-month return on equity of 28.03%. How often does International General Insurance pay dividends? What is the dividend yield for International General Insurance? International General Insurance announced a quarterly dividend on Tuesday, March 12th. Investors of record on Monday, April 1st will be given a dividend of $0.51 per share on Monday, April 22nd. This represents a $2.04 dividend on an annualized basis and a yield of 15.81%. The ex-dividend date is Thursday, March 28th. This is a boost from the stock's previous quarterly dividend of $0.01. Read our dividend analysis for IGIC. Is International General Insurance a good dividend stock? International General Insurance (NASDAQ:IGIC) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.31%. The dividend payout ratio is 1.57%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for IGIC. What ETF holds International General Insurance's stock? Ballast Small/Mid Cap ETF holds 176,008 shares of IGIC stock, representing 1.71% of its portfolio. What guidance has International General Insurance issued on next quarter's earnings? International General Insurance issued an update on its FY 2023 earnings guidance on Thursday, February, 29th. The company provided earnings per share (EPS) guidance of 2.880-2.880 for the period, compared to the consensus earnings per share estimate of 2.920. The company issued revenue guidance of -. Who are International General Insurance's major shareholders? International General Insurance's stock is owned by a number of retail and institutional investors. Top institutional investors include Gilder Gagnon Howe & Co. LLC (3.14%), Westwood Holdings Group Inc. (2.19%), Franklin Resources Inc. (2.07%), Heartland Advisors Inc. (1.59%), Russell Investments Group Ltd. (0.87%) and Weiss Multi Strategy Advisers LLC (0.64%). How do I buy shares of International General Insurance? Shares of IGIC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:IGIC) was last updated on 3/18/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial Metals8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressLike Tiny Crypto Retirement FundsCrypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceSHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThe world’s greatest investmentPorter & CompanyForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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