Independence Stock Price, News & Analysis (NYSE:IHC)

$27.85 1.05 (3.92 %)
(As of 01/19/2018 04:00 PM ET)
Previous Close$27.85
Today's Range$26.70 - $28.00
52-Week Range$16.55 - $30.00
Volume15,056 shs
Average Volume14,695 shs
Market Capitalization$398.31 million
P/E Ratio14.07
Dividend Yield0.75%
Beta0.34

About Independence (NYSE:IHC)

Independence Holding Company (IHC) is a holding company principally engaged in the life and health insurance business. The Company's segments include Medical Stop-Loss; Fully Insured Health; Group disability, life and DBL; Individual life, annuities and other, and Corporate. The Company is a writer across the nation of excess or stop-loss insurance for self-insured employer groups that desire to manage the risk of large medical claims (Medical Stop-Loss). The Fully Insured Health segment includes various categories, such as ancillary benefits, including dental, vision, short-term medical (STM), supplemental products (including fixed indemnity limited benefit, critical illness, and hospital indemnity); pet insurance, and non-subscriber occupational accident. The Group Disability segment comprises long term disability (LTD) and disability benefits law (DBL). It provides specialized disability, and health coverage and related services to commercial customers and individuals.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity RatioN/A
Current Ratio0.72%
Quick Ratio0.72%

Price-To-Earnings

Trailing P/E Ratio14.0656565656566
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$311 million
Price / Sales1.33
Cash Flow$0.89 per share
Price / Cash31.24
Book Value$25.74 per share
Price / Book1.08

Profitability

Trailing EPS$1.98
Net Income$123.29 million
Net Margins10.43%
Return on Equity7.51%
Return on Assets2.99%

Miscellaneous

Employees270
Outstanding Shares14,860,000

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 semiannual dividend on Thursday, December 21st. Shareholders of record on Tuesday, January 2nd will be given a dividend of $0.10 per share on Tuesday, January 16th. This represents a yield of 0.7%. The ex-dividend date of this dividend is Friday, December 29th. This is a boost from Independence's previous semiannual dividend of $0.06. View Independence's Dividend History.

How will Independence's stock buyback program work?

Independence announced that its board has authorized a stock buyback plan on Sunday, June 4th 2017, which allows the company to repurchase 2,790,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company's board of directors believes its stock is undervalued.

How were Independence's earnings last quarter?

Independence Holding (NYSE:IHC) issued its quarterly earnings results on Thursday, November, 9th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter. Independence had a return on equity of 7.51% and a net margin of 10.43%. View Independence's Earnings History.

When will Independence make its next earnings announcement?

Independence is scheduled to release their next quarterly earnings announcement on Monday, May, 28th 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:

  • Roy T. K. Thung, Chairman of the Board, Chief Executive Officer (Age 72)
  • David T. Kettig, President, Chief Operating Officer, Acting General Counsel, Director (Age 58)
  • Steven B. Lapin, Vice Chairman of the Board (Age 72)
  • Teresa A. Herbert, Chief Financial Officer, Senior Vice President, Director (Age 54)
  • Larry R. Graber, Senior Vice President, Chief Life and Annuity Actuary, Director (Age 66)
  • Allan C. Kirkman, Independent Director (Age 72)
  • John L. Lahey, Independent Director (Age 69)
  • Ronald I. Simon, Independent Director (Age 78)
  • James G. Tatum, Independent Director (Age 74)

How do I buy Independence stock?

Shares of Independence 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 Independence stock can currently be purchased for approximately $27.85.

How big of a company is Independence?

Independence has a market capitalization of $398.31 million and generates $311 million in revenue each year. The financial services provider earns $123.29 million in net income (profit) each year or $1.98 on an earnings per share basis. Independence employs 270 workers across the globe.

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 (IHC)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  34 (Vote Outperform)
Underperform Votes:  35 (Vote Underperform)
Total Votes:  69
MarketBeat's community ratings are surveys of what our community members think about Independence and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Independence (NYSE:IHC) Analyst Ratings History


No equities research coverage for this company has been tracked by MarketBeat

Earnings

Independence (NYSE:IHC) Earnings History and Estimates Chart

Earnings by Quarter for Independence (NYSE:IHC)

Independence (NYSE IHC) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/28/2018        
11/9/2017Q3 2017$0.34ViewN/AView Earnings Details
8/9/2017Q2 2017$0.86ViewN/AView Earnings Details
6/16/2017Q1 2017$0.29ViewN/AView Earnings Details
5/22/2017Q4 2016$0.44ViewN/AView Earnings Details
11/9/2016Q3 2016$0.25ViewN/AView Earnings Details
8/15/2016Q2 2016$0.25ViewN/AView Earnings Details
8/1/2016Q1 2016$0.33ViewN/AView Earnings Details
6/6/2016Q415$0.28$125.10 millionViewN/AView Earnings Details
11/9/2015Q3 2015$0.50ViewN/AView Earnings Details
8/6/2015Q2 2015$0.29ViewN/AView Earnings Details
5/7/2015Q1 2015$0.30ViewN/AView Earnings Details
3/10/2015Q414$0.23$143.62 million$127.09 millionViewN/AView Earnings Details
11/6/2014Q3 2014$0.27ViewN/AView Earnings Details
8/7/2014Q2 2014$0.22ViewN/AView Earnings Details
5/8/2014Q1 2014$0.21ViewN/AView Earnings Details
3/13/2014Q413$0.10$143.62 millionViewN/AView Earnings Details
11/6/2013Q3 2013$0.21ViewN/AView Earnings Details
8/7/2013Q2 2013$0.21ViewN/AView Earnings Details
5/8/2013Q1 2013$0.26ViewN/AView Earnings Details
3/7/2013Q4 2012$0.42ViewN/AView Earnings Details
11/8/2012Q312$0.22$103.66 million$111.50 millionViewN/AView Earnings Details
8/9/2012Q2 2012$0.15ViewN/AView Earnings Details
5/10/2012Q1 2012$0.18ViewN/AView Earnings Details
3/5/2012Q4 2011$0.17ViewN/AView Earnings Details
11/10/2011Q3 2011$0.17ViewN/AView Earnings Details
8/10/2011Q2 2011$0.11ViewN/AView Earnings Details
5/12/2011Q1 2011$0.21ViewN/AView Earnings Details
3/17/2011Q4 2010$0.07ViewN/AView Earnings Details
11/9/2010Q3 2010$0.12ViewN/AView Earnings Details
8/12/2010Q2 2010$0.09ViewN/AView Earnings Details
5/17/2010Q1 2010$0.02ViewN/AView Earnings Details
3/25/2010Q4 2009$0.13ViewN/AView Earnings Details
11/9/2009Q3 2009$0.11ViewN/AView Earnings Details
8/10/2009Q2 2009$0.07ViewN/AView Earnings Details
5/11/2009Q1 2009$0.14ViewN/AView Earnings Details
3/16/2009Q4 2008$0.07ViewN/AView Earnings Details
11/10/2008Q3 2008$0.09ViewN/AView Earnings Details
8/11/2008Q2 2008$0.18$0.18ViewN/AView Earnings Details
5/19/2008Q1 2008$0.08$0.18ViewN/AView Earnings Details
3/17/2008Q4 2007$0.07$0.05ViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Estimates

Independence (NYSE:IHC) Earnings Estimates

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Independence (NYSE:IHC) Dividend Information

Most Recent Dividend:1/16/2018
Annual Dividend:$0.20
Dividend Yield:0.72%
Dividend Growth:19.70% (3 Year Average)
Payout Ratio:10.10% (Trailing 12 Months of Earnings)
Track Record:6 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Independence (NYSE:IHC)

Independence (NYSE:IHC) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/21/2017semiannual$0.100.7%12/29/20171/2/20181/16/2018
7/6/2017semiannual$0.060.56%7/13/20177/17/20177/31/2017
11/30/2016semiannual$0.060.6%12/28/20161/2/20171/17/2017
6/21/2016semiannual$0.050.52%7/1/20167/6/20167/20/2016
12/23/2015$0.051/4/20161/6/20161/20/2016
6/23/2015semiannual$0.050.68%7/1/20157/6/20157/20/2015
12/23/2014semiannual$0.040.5%1/2/20151/6/20151/20/2015
6/26/2014semiannual$0.040.5%7/2/20147/7/20147/21/2014
12/30/2013semiannual$0.040.52%1/2/20141/6/20141/20/2014
12/27/2013$0.041/2/20141/6/20141/20/2014
6/7/2013semiannual$0.040.62%6/13/20136/17/20137/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Independence (NYSE IHC) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 8.00%
Institutional Ownership Percentage: 17.55%
Insider Trades by Quarter for Independence (NYSE:IHC)
Insider Trades by Quarter for Independence (NYSE:IHC)

Independence (NYSE IHC) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/13/2014Adam C VandervoortVPBuy1,690$13.47$22,764.30View SEC Filing  
6/11/2013James G TatumDirectorSell1,489$11.49$17,108.61View SEC Filing  
6/4/2013James G TatumDirectorSell1,598$11.75$18,776.50View SEC Filing  
5/10/2013Michael KempSVPBuy1,500$10.35$15,525.00View SEC Filing  
5/10/2013Roy T K ThungCEOBuy1,000$10.49$10,490.00View SEC Filing  
11/19/2012Roy T K ThungCEOBuy1,000$8.81$8,810.00View SEC Filing  
11/16/2012Roy T K ThungCEOBuy1,000$8.54$8,540.00View SEC Filing  
11/12/2012Michael KempSVPBuy2,000$7.86$15,720.00View SEC Filing  
8/24/2012Michael KempSVPBuy1,000$9.84$9,840.00View SEC Filing  
8/14/2012Michael KempSVPBuy1,000$10.00$10,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Independence (NYSE IHC) News Headlines

Source:
DateHeadline
Ex-Catalan leader Mas quits as pro-independence party chiefEx-Catalan leader Mas quits as pro-independence party chief
abcnews.go.com - January 9 at 4:17 PM
Independence Holding Co. : IHC-US: Dividend Analysis : January 02nd, 2018 (record date) : By the numbers : January 2, 2018Independence Holding Co. : IHC-US: Dividend Analysis : January 02nd, 2018 (record date) : By the numbers : January 2, 2018
finance.yahoo.com - January 2 at 10:32 AM
Independence Holding Co. breached its 50 day moving average in a Bearish Manner : IHC-US : December 25, 2017Independence Holding Co. breached its 50 day moving average in a Bearish Manner : IHC-US : December 25, 2017
finance.yahoo.com - December 25 at 5:21 PM
Independence Holding Company (IHC) Announces Semiannual Dividend of $0.10Independence Holding Company (IHC) Announces Semiannual Dividend of $0.10
www.americanbankingnews.com - December 21 at 6:02 PM
Independence Holding Company Announces a 67% Increase in Semi-Annual Cash DividendIndependence Holding Company Announces a 67% Increase in Semi-Annual Cash Dividend
finance.yahoo.com - December 21 at 10:42 AM
Independence Holding Co. breached its 50 day moving average in a Bearish Manner : IHC-US : December 11, 2017Independence Holding Co. breached its 50 day moving average in a Bearish Manner : IHC-US : December 11, 2017
finance.yahoo.com - December 11 at 11:23 AM
ETFs with exposure to Independence Holding Co. : December 5, 2017ETFs with exposure to Independence Holding Co. : December 5, 2017
finance.yahoo.com - December 5 at 4:12 PM
Independence Holding Co. :IHC-US: Earnings Analysis: Q3, 2017 By the Numbers : December 4, 2017Independence Holding Co. :IHC-US: Earnings Analysis: Q3, 2017 By the Numbers : December 4, 2017
finance.yahoo.com - December 4 at 10:46 AM
Independence Holding Company Announces 2017 Third-Quarter and Nine-Month ResultsIndependence Holding Company Announces 2017 Third-Quarter and Nine-Month Results
finance.yahoo.com - November 11 at 11:41 AM
Independence Holding reports Q3 resultsIndependence Holding reports Q3 results
seekingalpha.com - November 9 at 5:25 PM
Iraqi Kurds’ Independence Vote Exposed Risks to Energy StrategyIraqi Kurds’ Independence Vote Exposed Risks to Energy Strategy
www.nytimes.com - November 4 at 2:02 AM
Independence Holding Company (IHC) Scheduled to Post Earnings on TuesdayIndependence Holding Company (IHC) Scheduled to Post Earnings on Tuesday
www.americanbankingnews.com - October 31 at 8:36 AM
The IHC Group Partners with Wellthie, A Leading Insurtech Marketplace Platform to Offer Group BenefitsThe IHC Group Partners with Wellthie, A Leading Insurtech Marketplace Platform to Offer Group Benefits
www.streetinsider.com - October 26 at 1:08 PM
The IHC Group Announces Partnership with eHealth, Inc. to Bring Health Insurance Shoppers Affordable Alternatives for the Affordable Care Act’s 2018 Open Enrollment PeriodThe IHC Group Announces Partnership with eHealth, Inc. to Bring Health Insurance Shoppers Affordable Alternatives for the Affordable Care Act’s 2018 Open Enrollment Period
finance.yahoo.com - October 23 at 7:29 PM
ETFs with exposure to Independence Holding Co. : October 17, 2017ETFs with exposure to Independence Holding Co. : October 17, 2017
finance.yahoo.com - October 18 at 12:57 AM
BRIEF-Independence Holding says evaluating underwriting opportunities from expected expansion of association health plansBRIEF-Independence Holding says evaluating underwriting opportunities from expected expansion of association health plans
www.reuters.com - October 13 at 1:19 AM
Spain: No dialogue until Catalonia drops independence bidSpain: No dialogue until Catalonia drops independence bid
abcnews.go.com - October 6 at 8:24 PM
Catalonia Government Declares Overwhelming Vote for IndependenceCatalonia Government Declares Overwhelming Vote for Independence
www.nytimes.com - October 6 at 8:24 PM
Dialogue with Catalonia ‘broken’ until independence bid dropped, Spain saysDialogue with Catalonia ‘broken’ until independence bid dropped, Spain says
www.foxnews.com - October 6 at 8:24 PM
Former Catalan leader says region not ready for ‘real independence’Former Catalan leader says region not ready for ‘real independence’
www.ft.com - October 6 at 8:24 PM
Catalan parliament defies Madrid pressure, works on independence declarationCatalan parliament defies Madrid pressure, works on independence declaration
www.reuters.com - October 6 at 8:24 PM
ETFs with exposure to Independence Holding Co. : October 5, 2017ETFs with exposure to Independence Holding Co. : October 5, 2017
finance.yahoo.com - October 5 at 9:45 PM
Las Vegas shooting attack kills at least 58, more than 500 people injuredLas Vegas shooting attack kills at least 58, more than 500 people injured
www.msn.com - October 2 at 1:15 PM
Stocks With Rising Relative Strength: MetlifeStocks With Rising Relative Strength: Metlife
finance.yahoo.com - October 2 at 1:15 PM
Brent oil holds highest level since July 2015Brent oil holds highest level since July 2015
www.ft.com - September 28 at 8:50 PM
ETFs with exposure to Independence Holding Co. : September 25, 2017ETFs with exposure to Independence Holding Co. : September 25, 2017
finance.yahoo.com - September 25 at 6:22 PM
Independence Holding Co. :IHC-US: Earnings Analysis: Q2, 2017 By the Numbers : September 22, 2017Independence Holding Co. :IHC-US: Earnings Analysis: Q2, 2017 By the Numbers : September 22, 2017
finance.yahoo.com - September 22 at 2:02 PM
Police arrests Catalan official amid referendum crackdownPolice arrests Catalan official amid referendum crackdown
abcnews.go.com - September 20 at 4:10 PM
UPDATE 1-Russias Rosneft clinches gas pipeline deal with Iraqs KurdistanUPDATE 1-Russia's Rosneft clinches gas pipeline deal with Iraq's Kurdistan
www.businessinsider.com - September 20 at 12:57 AM
Rosneft nears major gas pipeline deal with KurdistanRosneft nears major gas pipeline deal with Kurdistan
seekingalpha.com - September 19 at 12:20 AM
The IHC Group Unveils Fusion: The Innovative, First-to-Market Health Plan for Consumers Integrating Fixed-Indemnity Benefit and Short-Term Medical PlansThe IHC Group Unveils Fusion: The Innovative, First-to-Market Health Plan for Consumers Integrating Fixed-Indemnity Benefit and Short-Term Medical Plans
finance.yahoo.com - September 6 at 7:46 PM
Independence Holding Co. – Value Analysis (NYSE:IHC) : August 30, 2017Independence Holding Co. – Value Analysis (NYSE:IHC) : August 30, 2017
finance.yahoo.com - August 30 at 1:06 AM
Independence Holding Co. : IHC-US: Dividend Analysis : July 17th, 2017 (record date) : By the numbers : August 24, 2017Independence Holding Co. : IHC-US: Dividend Analysis : July 17th, 2017 (record date) : By the numbers : August 24, 2017
finance.yahoo.com - August 25 at 6:58 AM
Independence Holding Co. breached its 50 day moving average in a Bearish Manner : IHC-US : August 22, 2017Independence Holding Co. breached its 50 day moving average in a Bearish Manner : IHC-US : August 22, 2017
finance.yahoo.com - August 22 at 8:12 PM
Independence Holding Company Announces 2017 Second-Quarter and Six-Month ResultsIndependence Holding Company Announces 2017 Second-Quarter and Six-Month Results
finance.yahoo.com - August 9 at 8:04 PM
Independence Holding posts 2Q profitIndependence Holding posts 2Q profit
finance.yahoo.com - August 9 at 8:04 PM
Independence Holding Company Announces Semiannual Dividend of $0.06 (NYSE:IHC)Independence Holding Company Announces Semiannual Dividend of $0.06 (NYSE:IHC)
www.americanbankingnews.com - July 6 at 5:00 PM
BRIEF-Independence Holding Co commences tender offer to repurchase up to 2 mln shares at $20.00/shareBRIEF-Independence Holding Co commences tender offer to repurchase up to 2 mln shares at $20.00/share
www.reuters.com - May 27 at 4:36 AM
Independence Holding (IHC) Commences Tender Offer to Repurchase 2M Shares of Common StockIndependence Holding (IHC) Commences Tender Offer to Repurchase 2M Shares of Common Stock
www.streetinsider.com - May 27 at 4:36 AM
BRIEF-Independence Holding to commence tender offer to repurchase up to 2,000,000 sharesBRIEF-Independence Holding to commence tender offer to repurchase up to 2,000,000 shares
www.reuters.com - May 24 at 5:46 PM
The Global Governance Landscape: How Will It Affect Your Company?The Global Governance Landscape: How Will It Affect Your Company?
www.forbes.com - May 11 at 11:30 PM
Independence Holding (IHC) Repurchases 170K Shares in Private TransactionIndependence Holding (IHC) Repurchases 170K Shares in Private Transaction
www.streetinsider.com - March 23 at 4:04 AM
PRO Weekly Digest: Looking At Rate-Sensitive Financial CompaniesPRO Weekly Digest: Looking At Rate-Sensitive Financial Companies
seekingalpha.com - March 21 at 5:50 PM
BRIEF-INDEPENDENCE HOLDING COMPANY REPURCHASES SHARES IN PRIVATE TRANSACTIONBRIEF-INDEPENDENCE HOLDING COMPANY REPURCHASES SHARES IN PRIVATE TRANSACTION
www.reuters.com - February 3 at 4:36 AM
BRIEF-Independence Holding says repurchased 290,000 shares for $5.8 mlnBRIEF-Independence Holding says repurchased 290,000 shares for $5.8 mln
www.reuters.com - January 30 at 10:50 AM
Health eDeals Open for Regional Sales Representative and Leadership Roles in FL, NC, VA, PAHealth eDeals Open for Regional Sales Representative and Leadership Roles in FL, NC, VA, PA
www.streetinsider.com - January 1 at 10:12 AM
Health eDeals Expands Opportunities in AZ, NV, NM, MO for Sales Representative and Leadership RolesHealth eDeals Expands Opportunities in AZ, NV, NM, MO for Sales Representative and Leadership Roles
www.streetinsider.com - December 31 at 5:47 PM
A.M. Best Affirms Credit Ratings of Independence Holding Company and Its SubsidiariesA.M. Best Affirms Credit Ratings of Independence Holding Company and Its Subsidiaries
uk.finance.yahoo.com - December 22 at 6:09 PM
Ebix: Growth/Upside In 2017Ebix: Growth/Upside In 2017
seekingalpha.com - December 6 at 3:38 PM
BRIEF-Independence Holding increases annual dividend to stockholders to $0.12/shrBRIEF-Independence Holding increases annual dividend to stockholders to $0.12/shr
www.reuters.com - November 30 at 6:00 PM

SEC Filings

Independence (NYSE:IHC) SEC Filings

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Financials

Independence (NYSE:IHC) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Independence (NYSE IHC) Stock Chart for Saturday, January, 20, 2018

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This page was last updated on 1/20/2018 by MarketBeat.com Staff

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