NYSE:IHC - Independence Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$33.30 -1.05 (-3.06 %)
(As of 09/24/2018 06:00 AM ET)
Previous Close$33.30
Today's Range$33.30 - $35.15
52-Week Range$24.75 - $39.85
Volume104,374 shs
Average Volume13,537 shs
Market Capitalization$494.92 million
P/E Ratio10.99
Dividend Yield0.90%
Beta0.09
Independence Holding Company, through its subsidiaries, engages in life and health insurance business. The company's dental portfolio includes indemnity and PPO plans for employer groups of two or more lives, and for individuals within affinity groups; vision plans that offer a flat reimbursement amount for exams and materials; and short-term medical products for people with temporary needs for health coverage. It also provides supplemental products, including hospital indemnity, fixed indemnity limited benefit, critical illness, accident medical coverage, and life insurance products to individuals and families; and pet insurance and occupational accident insurance products. In addition, the company offers group long-term and short-term disability products to employers that provide benefit to their employees; New York short-term disability plan that offers temporary cash payments to replace wages lost; and group term life products, such as group term life, accidental death and dismemberment (AD&D), supplemental life and AD&D, and dependent life products. Independence Holding Company markets its products through independent and affiliated brokers, producers, and agents in 50 states of the United States, the District of Columbia, the Virgin Islands, and Puerto Rico. The company was founded in 1980 and is headquartered in Stamford, Connecticut. Independence Holding Company is a subsidiary of Geneve Holdings, Inc.

Receive IHC News and Ratings via Email

Sign-up to receive the latest news and ratings for IHC and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NYSE
Industry Life insurance
Sub-IndustryLife & Health Insurance
SectorFinance
SymbolNYSE:IHC
CUSIP45344030
Phone203-358-8000

Debt

Debt-to-Equity RatioN/A
Current Ratio0.71
Quick Ratio0.71

Price-To-Earnings

Trailing P/E Ratio10.99
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$320.49 million
Price / Sales1.54
Cash Flow$3.6117 per share
Price / Cash9.22
Book Value$29.22 per share
Price / Book1.14

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$42.04 million
Net Margins10.75%
Return on Equity10.62%
Return on Assets4.42%

Miscellaneous

Employees350
Outstanding Shares14,860,000
Market Cap$494.92 million

Independence (NYSE:IHC) Frequently Asked Questions

What is Independence's stock symbol?

Independence trades on the New York Stock Exchange (NYSE) under the ticker symbol "IHC."

How often does Independence pay dividends? What is the dividend yield for Independence?

Independence declared a Semi-Annual dividend on Wednesday, May 16th. Shareholders of record on Tuesday, May 29th will be given a dividend of $0.15 per share on Monday, June 18th. This represents a yield of 0.81%. The ex-dividend date is Friday, May 25th. This is an increase from Independence's previous Semi-Annual dividend of $0.10. View Independence's Dividend History.

How will Independence's stock buyback program work?

Independence declared that its Board of Directors has initiated a share repurchase program on Sunday, June 4th 2017, which permits the company to buyback 2,790,000 shares, according to EventVestor. This buyback authorization permits the company to buy shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company's leadership believes its stock is undervalued.

How were Independence's earnings last quarter?

Independence Holding (NYSE:IHC) released its quarterly earnings results on Tuesday, August, 7th. The financial services provider reported $0.45 EPS for the quarter. The financial services provider earned $84.89 million during the quarter. Independence had a return on equity of 10.62% and a net margin of 10.75%. View Independence's Earnings History.

When is Independence's next earnings date?

Independence is scheduled to release their next quarterly earnings announcement on Thursday, November, 8th 2018. View Earnings Estimates for Independence.

Who are some of Independence's key competitors?

Who are Independence's key executives?

Independence's management team includes the folowing people:
  • Mr. Roy T. K. Thung, Chairman & CEO (Age 74)
  • Mr. David Thomas Kettig, Pres, Acting Gen. Counsel, COO & Director (Age 59)
  • Ms. Teresa Ellen Akshar Herbert, Sr. VP, CFO & Director (Age 56)
  • Mr. Gary John Balzofiore, Corp. VP of Accounting & Fin. (Age 60)
  • Mr. Larry Raymond Graber, Sr. VP, Chief Life & Annuity Actuary and Director (Age 68)

Who are Independence's major shareholders?

Independence's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (1.70%), TCW Group Inc. (1.53%), Dimensional Fund Advisors LP (1.28%), Cannell Capital LLC (0.53%), Northern Trust Corp (0.47%) and California Public Employees Retirement System (0.32%). View Institutional Ownership Trends for Independence.

Which major investors are selling Independence stock?

IHC stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., TCW Group Inc., Northern Trust Corp, Schwab Charles Investment Management Inc., California Public Employees Retirement System, Bank of New York Mellon Corp, Bank of New York Mellon Corp and Rhumbline Advisers. View Insider Buying and Selling for Independence.

Which major investors are buying Independence stock?

IHC stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Cannell Capital LLC, Millennium Management LLC, Swiss National Bank, Renaissance Technologies LLC, Paloma Partners Management Co, Strs Ohio and Bank of America Corp DE. View Insider Buying and Selling for Independence.

How do I buy shares of Independence?

Shares of IHC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Independence's stock price today?

One share of IHC stock can currently be purchased for approximately $33.30.

How big of a company is Independence?

Independence has a market capitalization of $494.92 million and generates $320.49 million in revenue each year. Independence employs 350 workers across the globe.

What is Independence's official website?

The official website for Independence is http://www.ihcgroup.com.

How can I contact Independence?

Independence's mailing address is 96 CUMMINGS POINT ROAD, STAMFORD CT, 06902. The financial services provider can be reached via phone at 203-358-8000 or via email at [email protected]


MarketBeat Community Rating for Independence (NYSE IHC)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  72 (Vote Outperform)
Underperform Votes:  63 (Vote Underperform)
Total Votes:  135
MarketBeat's community ratings are surveys of what our community members think about Independence and other stocks. Vote "Outperform" if you believe IHC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IHC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/24/2018 by MarketBeat.com Staff

Featured Article: What is a Fiduciary?

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel