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NYSE:IHC - Independence Stock Price, Forecast & News

$41.80
-0.17 (-0.41 %)
(As of 12/13/2019 08:56 AM ET)
Today's Range
$41.61
Now: $41.80
$42.07
50-Day Range
$38.50
MA: $40.44
$42.49
52-Week Range
$33.37
Now: $41.80
$42.60
Volume9,936 shs
Average Volume7,832 shs
Market Capitalization$619.06 million
P/E Ratio22.32
Dividend Yield0.95%
Beta0.22
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 general agents, independent brokers, and independent producers 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.

Industry, Sector and Symbol

Industry Life insurance
Sub-IndustryLife & Health Insurance
SectorFinance
CUSIP45344030
Phone203-358-8000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$350.77 million
Cash Flow$2.17 per share
Book Value$30.49 per share

Profitability

Net Income$28.48 million

Miscellaneous

Employees400
Market Cap$619.06 million
Next Earnings Date3/10/2020 (Estimated)
OptionableNot Optionable

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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 announced a semi-annual dividend on Thursday, December 12th. Stockholders of record on Thursday, January 2nd will be paid a dividend of $0.20 per share on Thursday, January 16th. This represents a dividend yield of 1%. The ex-dividend date is Tuesday, December 31st. This is a positive change from Independence's previous semi-annual dividend of $0.15. View Independence's Dividend History.

How were Independence's earnings last quarter?

Independence Holding (NYSE:IHC) posted its quarterly earnings data on Thursday, November, 7th. The financial services provider reported $0.52 earnings per share for the quarter. The financial services provider had revenue of $95.17 million for the quarter. Independence had a return on equity of 6.07% and a net margin of 7.13%. View Independence's Earnings History.

When is Independence's next earnings date?

Independence is scheduled to release their next quarterly earnings announcement on Tuesday, March 10th 2020. View Earnings Estimates for Independence.

Has Independence been receiving favorable news coverage?

Media stories about IHC stock have been trending negative this week, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Independence earned a media sentiment score of -2.8 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Independence.

Are investors shorting Independence?

Independence saw a decline in short interest in November. As of November 29th, there was short interest totalling 77,500 shares, a decline of 5.7% from the November 14th total of 82,200 shares. Based on an average daily volume of 6,300 shares, the days-to-cover ratio is currently 12.3 days. Currently, 1.6% of the company's stock are short sold. View Independence's Current Options Chain.

Who are some of Independence's key competitors?

What other stocks do shareholders of Independence own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Independence investors own include Ionis Pharmaceuticals (IONS), Capital City Bank Group (CCBG), AbbVie (ABBV), Activision Blizzard (ATVI), Exponent (EXPO), Hasbro (HAS), Westlake Chemical (WLK), Ascential (ASCL), Intu Properties (INTU) and Galmed Pharmaceuticals (GLMD).

Who are Independence's key executives?

Independence's management team includes the folowing people:
  • Mr. Roy Tjay Kiang Thung, Chairman, CEO & Pres (Age 75)
  • Mr. David Thomas Kettig, Exec. VP, COO & Director (Age 60)
  • Mr. Vincent John Furfaro, Sr. VP of Corp. Devel. & Chief Information Security Officer (Age 55)
  • Ms. Teresa Ellen Akshar Herbert, CFO, Sr. VP & Director (Age 57)
  • Ms. Loan Tuong Nisser, VP & Sec.

Who are Independence's major shareholders?

Independence's stock is owned by many different of institutional and retail investors. Top institutional investors include State Street Corp (0.76%), California Public Employees Retirement System (0.34%), Rhumbline Advisers (0.05%), Zebra Capital Management LLC (0.04%), Janney Montgomery Scott LLC (0.04%) and Barclays PLC (0.02%). Company insiders that own Independence stock include Larry Graber and Ronald I Simon. View Institutional Ownership Trends for Independence.

Which institutional investors are selling Independence stock?

IHC stock was sold by a variety of institutional investors in the last quarter, including Barclays PLC. View Insider Buying and Selling for Independence.

Which institutional investors are buying Independence stock?

IHC stock was bought by a variety of institutional investors in the last quarter, including State Street Corp, California Public Employees Retirement System, Russell Investments Group Ltd., Rhumbline Advisers, Zebra Capital Management LLC and Janney Montgomery Scott LLC. 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, Robinhood, Fidelity and Charles Schwab.

What is Independence's stock price today?

One share of IHC stock can currently be purchased for approximately $41.80.

How big of a company is Independence?

Independence has a market capitalization of $619.06 million and generates $350.77 million in revenue each year. Independence employs 400 workers across the globe.View Additional Information About Independence.

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:  125 (Vote Outperform)
Underperform Votes:  103 (Vote Underperform)
Total Votes:  228
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 12/13/2019 by MarketBeat.com Staff

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