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NASDAQ:IGIC

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

$16.01
+0.65 (+4.23%)
(As of 03:07 PM ET)
Today's Range
$15.50
$16.25
50-Day Range
$13.90
$15.91
52-Week Range
$8.65
$16.25
Volume
146,269 shs
Average Volume
65,218 shs
Market Capitalization
$735.66 million
P/E Ratio
5.93
Dividend Yield
0.62%
Price Target
$15.00

International General Insurance MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
6.5% Downside
$15.00 Price Target
Short Interest
Healthy
0.13% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.05mentions of International General Insurance in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

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.

2.21 out of 5 stars

Finance Sector

579th out of 856 stocks

Insurance Carriers, Not Elsewhere Classified Industry

2nd out of 2 stocks

IGIC stock logo

About International General Insurance Stock (NASDAQ:IGIC)

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. The company was founded in 2001 and is based in Amman, Jordan.

IGIC Stock Price History

IGIC Stock News Headlines

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IGIC Apr 2024 15.000 call
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Ex-Dividend for 6/20 Dividend
6/03/2024
Dividend Payable
6/20/2024
Today
7/22/2024
Next Earnings (Confirmed)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Insurance carriers, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:IGIC
Fax
N/A
Employees
401
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$15.00
High Stock Price Target
$15.00
Low Stock Price Target
$15.00
Potential Upside/Downside
-6.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$118.19 million
Pretax Margin
26.26%

Debt

Sales & Book Value

Annual Sales
$472 million
Cash Flow
$3.14 per share
Book Value
$11.73 per share

Miscellaneous

Free Float
36,813,000
Market Cap
$736.58 million
Optionable
Optionable
Beta
0.22
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Key Executives

  • Mr. 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 Chahar
    Vice President of Investment
  • Mr. Ruwan Perera
    Group Chief Technology & Information Officer
  • Ms. Robin Sidders
    Head of Investor Relations
  • Ms. Rawan Alsulaiman
    Chief Legal & Compliance Officer and Company Secretary
  • Aaida Abu Jaber
    Assistant Vice President of PR & Marketing
  • Mr. Tandy Harris
    Chief Human Resources Officer

IGIC Stock Analysis - Frequently Asked Questions

How have IGIC shares performed this year?

International General Insurance's stock was trading at $12.88 at the start of the year. Since then, IGIC shares have increased by 24.5% and is now trading at $16.04.
View the best growth stocks for 2024 here
.

How were International General Insurance's earnings last quarter?

International General Insurance Holdings Ltd. (NASDAQ:IGIC) issued its earnings results on Tuesday, May, 7th. The company reported $0.89 EPS for the quarter. The firm earned $130.10 million during the quarter. International General Insurance had a net margin of 25.26% and a trailing twelve-month return on equity of 28.24%.

Who are International General Insurance's major shareholders?

International General Insurance's top institutional investors include Simplicity Wealth LLC (0.02%).

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 7/22/2024 by MarketBeat.com Staff

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