International General Insurance (IGIC) Stock Forecast, Price & News

1 Wall Street 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 analysts is that investors should "buy" IGIC shares.
View IGIC analyst ratings or view top-rated stocks.

1 Wall Street research analysts have issued 1 year price targets for International General Insurance's shares. Their IGIC share price forecasts range from $11.00 to $11.00. On average, they expect the company's share price to reach $11.00 in the next twelve months. This suggests a possible upside of 18.4% from the stock's current price.
View analysts price targets for IGIC or view top-rated stocks among Wall Street analysts.

International General Insurance's stock was trading at $8.00 at the beginning of 2023. Since then, IGIC shares have increased by 16.1% and is now trading at $9.29.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 17th 2023.
View our IGIC earnings forecast.

International General Insurance Holdings Ltd. (NASDAQ:IGIC) released its quarterly earnings results on Friday, March, 3rd. The company reported $0.28 EPS for the quarter. The company had revenue of $104.60 million for the quarter. International General Insurance had a net margin of 22.59% and a trailing twelve-month return on equity of 22.85%.

International General Insurance declared a quarterly dividend on Friday, May 19th. Shareholders of record on Friday, June 2nd will be paid a dividend of $0.01 per share on Friday, June 16th. This represents a $0.04 annualized dividend and a yield of 0.43%. The ex-dividend date is Thursday, June 1st.
Read our dividend analysis for IGIC.

Ballast Small/Mid Cap ETF holds 169,408 shares of IGIC stock, representing 2.07% of its portfolio.

International General Insurance (NASDAQ:IGIC) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.43%. The dividend payout ratio is 1.94%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for IGIC.

International General Insurance trades on the NASDAQ under the ticker symbol "IGIC."

International General Insurance's stock is owned by many different institutional and retail investors. Top institutional investors include Royce & Associates LP (7.61%), Gilder Gagnon Howe & Co. LLC (3.28%), Long Focus Capital Management LLC (0.21%), Renaissance Technologies LLC (0.16%), Sei Investments Co. (0.11%) and Schonfeld Strategic Advisors LLC (0.10%).

Shares of IGIC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of IGIC stock can currently be purchased for approximately $9.29.

International General Insurance (NASDAQ:IGIC) has a market capitalization of $436.91 million and generates $392.80 million in revenue each year. The company earns $85.46 million in net income (profit) each year or $2.06 on an earnings per share basis.

The company employs 289 workers across the globe.

International General Insurance's mailing address is 74 ABDEL HAMID SHARAF STREET P.O. BOX 941428, AMMAN M2, 11194. The official website for the company is www.iginsure.com. The company can be reached via phone at (626) 562-2009 or via email at robin.sidders@iginsure.com.