Independence Holding Company Company Profile (NYSE:IHC)

About Independence Holding Company (NYSE:IHC)

Independence Holding Company logoIndependence 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.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Life & Health Insurance
  • Sub-Industry: Life & Health Insurance
  • Symbol: NYSE:IHC
  • CUSIP: 45344030
  • Web: www.ihcgroup.com
Capitalization:
  • Market Cap: $380.51 million
  • Outstanding Shares: 14,981,000
Average Prices:
  • 50 Day Moving Avg: $21.81
  • 200 Day Moving Avg: $20.01
  • 52 Week Range: $16.55 - $25.65
P/E:
  • Trailing P/E Ratio: 13.54
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $310.93 million
  • Price / Sales: 1.22
  • Book Value: $27.89 per share
  • Price / Book: 0.91
Dividend:
  • Annual Dividend: $0.12
  • Dividend Yield: 0.5%
Profitability:
  • EBIDTA: $28.93 million
  • Net Margins: 10.31%
  • Return on Equity: 7.20%
  • Return on Assets: 2.73%
Debt:
  • Current Ratio: 0.72%
  • Quick Ratio: 0.72%
Misc:
  • Average Volume: 13,266 shs.
  • Beta: 0.36
  • Short Ratio: 6.71
 

Frequently Asked Questions for Independence Holding Company (NYSE:IHC)

What is Independence Holding Company's stock symbol?

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

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

Independence Holding Company declared a semiannual dividend on Thursday, July 6th. Shareholders of record on Monday, July 17th will be paid a dividend of $0.06 per share on Monday, July 31st. This represents a yield of 0.56%. The ex-dividend date of this dividend is Thursday, July 13th. View Independence Holding Company's Dividend History.

How will Independence Holding Company's stock buyback program work?

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

How were Independence Holding Company's earnings last quarter?

Independence Holding Company (NYSE:IHC) issued its earnings results on Monday, June, 6th. The company reported $0.28 earnings per share (EPS) for the quarter. The company had revenue of $125.10 million for the quarter. Independence Holding Company had a return on equity of 7.20% and a net margin of 10.31%. View Independence Holding Company's Earnings History.

When will Independence Holding Company make its next earnings announcement?

Independence Holding Company is scheduled to release their next quarterly earnings announcement on Wednesday, November, 8th 2017. View Earnings Estimates for Independence Holding Company.

Who are some of Independence Holding Company's key competitors?

Who are Independence Holding Company's key executives?

Independence Holding Company's management team includes the folowing people:

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

Who owns Independence Holding Company stock?

Independence Holding Company's stock is owned by a number of of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (6.61%), First Eagle Investment Management LLC (3.63%), Royce & Associates LP (2.10%), Vanguard Group Inc. (1.42%), State Street Corp (0.82%) and Northern Trust Corp (0.61%). View Institutional Ownership Trends for Independence Holding Company.

Who sold Independence Holding Company stock? Who is selling Independence Holding Company stock?

Independence Holding Company's stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio, Accredited Investors Inc., Cornerstone Capital Management Holdings LLC., California State Teachers Retirement System, TIAA CREF Investment Management LLC, Rhumbline Advisers, Teachers Advisors LLC and Eagle Global Advisors LLC. View Insider Buying and Selling for Independence Holding Company.

Who bought Independence Holding Company stock? Who is buying Independence Holding Company stock?

Independence Holding Company's stock was purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, State Street Corp, Northern Trust Corp, Vanguard Group Inc. and Bank of New York Mellon Corp. View Insider Buying and Selling for Independence Holding Company.

How do I buy Independence Holding Company stock?

Shares of Independence Holding Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Independence Holding Company's stock price today?

One share of Independence Holding Company stock can currently be purchased for approximately $25.40.


MarketBeat Community Rating for Independence Holding Company (NYSE IHC)
Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  20 (Vote Outperform)
Underperform Votes:  26 (Vote Underperform)
Total Votes:  46
MarketBeat's community ratings are surveys of what our community members think about Independence Holding Company 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

Consensus Ratings for Independence Holding Company (NYSE:IHC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for Independence Holding Company (NYSE:IHC)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

Earnings History for Independence Holding Company (NYSE:IHC)
Earnings by Quarter for Independence Holding Company (NYSE:IHC)
Earnings History by Quarter for Independence Holding Company (NYSE IHC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/7/2017N/AView Earnings Details
6/6/2016Q415$0.28$125.10 millionViewN/AView Earnings Details
3/10/2015Q414$0.23$143.62 million$127.09 millionViewN/AView Earnings Details
3/13/2014Q413$0.10$143.62 millionViewN/AView Earnings Details
11/8/2012Q312$0.22$103.66 million$111.50 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Independence Holding Company (NYSE:IHC)

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

Dividends

Current Dividend Information for Independence Holding Company (NYSE:IHC)
Most Recent Dividend:7/31/2017
Annual Dividend:$0.12
Dividend Yield:0.47%
Dividend Growth:37.00% (3 Year Average)
Payout Ratio:6.35% (Trailing 12 Months of Earnings)
Track Record:5 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Independence Holding Company (NYSE:IHC)

Dividend History by Quarter for Independence Holding Company (NYSE IHC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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

Insider Trading and Institutional Ownership History for Independence Holding Company (NYSE:IHC)
Insider Ownership Percentage: 6.50%
Institutional Ownership Percentage: 24.30%
Insider Trades by Quarter for Independence Holding Company (NYSE:IHC)
Institutional Ownership by Quarter for Independence Holding Company (NYSE:IHC)
Insider Trades by Quarter for Independence Holding Company (NYSE:IHC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal 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

Headline Trends for Independence Holding Company (NYSE:IHC)
Latest Headlines for Independence Holding Company (NYSE:IHC)
Source:
DateHeadline
finance.yahoo.com logoIndependence Holding Co. :IHC-US: Earnings Analysis: Q2, 2017 By the Numbers : September 22, 2017
finance.yahoo.com - September 22 at 2:02 PM
abcnews.go.com logoPolice arrests Catalan official amid referendum crackdown
abcnews.go.com - September 20 at 4:10 PM
News IconUPDATE 1-Russia's Rosneft clinches gas pipeline deal with Iraq's Kurdistan
www.businessinsider.com - September 20 at 12:57 AM
seekingalpha.com logoRosneft nears major gas pipeline deal with Kurdistan
seekingalpha.com - September 19 at 12:20 AM
finance.yahoo.com logoThe 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
finance.yahoo.com logoIndependence Holding Co. – Value Analysis (NYSE:IHC) : August 30, 2017
finance.yahoo.com - August 30 at 1:06 AM
finance.yahoo.com logoIndependence 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
finance.yahoo.com logoIndependence 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
finance.yahoo.com logoIndependence Holding Company Announces 2017 Second-Quarter and Six-Month Results
finance.yahoo.com - August 9 at 8:04 PM
finance.yahoo.com logoIndependence Holding posts 2Q profit
finance.yahoo.com - August 9 at 8:04 PM
americanbankingnews.com logoIndependence Holding Company Announces Semiannual Dividend of $0.06 (NYSE:IHC)
www.americanbankingnews.com - July 6 at 5:00 PM
finance.yahoo.com logoIndependence Holding Company Announces the Preliminary Results of Its Tender Offer to Repurchase up to 2,000,000 Shares of Its Common Stock
finance.yahoo.com - June 26 at 7:39 PM
finance.yahoo.com logoIndependence Holding Co. :IHC-US: Earnings Analysis: Q1, 2017 By the Numbers : June 21, 2017
finance.yahoo.com - June 21 at 3:33 PM
finance.yahoo.com logoIndependence Holding Company Announces 2017 First-Quarter Results
finance.yahoo.com - June 16 at 6:43 PM
finance.yahoo.com logoIndependence Holding posts 1Q profit
finance.yahoo.com - June 16 at 6:43 PM
americanbankingnews.com logoIndependence Holding Company (IHC) to Repurchase 2,790,000 Outstanding Stock
www.americanbankingnews.com - June 4 at 11:28 AM
finance.yahoo.com logoETFs with exposure to Independence Holding Co. : May 30, 2017
finance.yahoo.com - May 30 at 5:42 PM
reuters.com logoBRIEF-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
streetinsider.com logoIndependence Holding (IHC) Commences Tender Offer to Repurchase 2M Shares of Common Stock
www.streetinsider.com - May 27 at 4:36 AM
finance.yahoo.com logoIndependence Holding Company Announces Commencement of Tender Offer to Repurchase Up to 2,000,000 Shares of Its Common Stock
finance.yahoo.com - May 26 at 6:33 PM
finance.yahoo.com logoIndependence Holding Co. :IHC-US: Earnings Analysis: Q4, 2016 By the Numbers : May 25, 2017
finance.yahoo.com - May 25 at 9:15 PM
reuters.com logoBRIEF-Independence Holding to commence tender offer to repurchase up to 2,000,000 shares
www.reuters.com - May 24 at 5:46 PM
finance.yahoo.com logoIndependence Holding Co. breached its 50 day moving average in a Bullish Manner : IHC-US : May 24, 2017
finance.yahoo.com - May 24 at 11:36 AM
finance.yahoo.com logoIndependence Holding Company Announces Intention to Commence Tender Offer to Repurchase Up to 2,000,000 Shares of Its Common Stock
finance.yahoo.com - May 23 at 11:20 AM
finance.yahoo.com logoIndependence Holding Company Announces 2016 Fourth-Quarter and Annual Results
finance.yahoo.com - May 23 at 11:20 AM
finance.yahoo.com logoIndependence Holding posts 4Q profit
finance.yahoo.com - May 23 at 11:20 AM
forbes.com logoThe Global Governance Landscape: How Will It Affect Your Company?
www.forbes.com - May 11 at 11:30 PM
finance.yahoo.com logoIndependence Holding Co. breached its 50 day moving average in a Bearish Manner : IHC-US : May 5, 2017
finance.yahoo.com - May 5 at 5:51 PM
americanbankingnews.com logoIndependence Holding Company (IHC) Given Media Impact Score of 0.48
www.americanbankingnews.com - May 4 at 8:56 AM
americanbankingnews.com logoPositive Media Coverage Somewhat Likely to Impact Independence Holding Company (IHC) Share Price
www.americanbankingnews.com - April 29 at 10:23 PM
americanbankingnews.com logoIndependence Holding Company (IHC) Receiving Somewhat Favorable Press Coverage, AlphaOne Reports
www.americanbankingnews.com - April 21 at 11:30 PM
finance.yahoo.com logoIndependence Holding Co. breached its 50 day moving average in a Bullish Manner : IHC-US : April 21, 2017
finance.yahoo.com - April 21 at 10:41 AM
americanbankingnews.com logoIndependence Holding Company (IHC) Receiving Somewhat Positive News Coverage, Study Shows
www.americanbankingnews.com - April 13 at 3:20 PM
finance.yahoo.com logoIndependence Holding Company Receives Notice from NYSE Regarding Late Form 10-K Filing
finance.yahoo.com - April 7 at 10:24 AM
finance.yahoo.com logoPetPartners, Inc., the Newest Subsidiary of Independence Holding Company, Announces Extension of Long-standing Relationship with The American Kennel Club
finance.yahoo.com - March 28 at 11:15 AM
streetinsider.com logoIndependence Holding (IHC) Repurchases 170K Shares in Private Transaction
www.streetinsider.com - March 23 at 4:04 AM
seekingalpha.com logoPRO Weekly Digest: Looking At Rate-Sensitive Financial Companies
seekingalpha.com - March 21 at 5:50 PM
reuters.com logoBRIEF-INDEPENDENCE HOLDING COMPANY REPURCHASES SHARES IN PRIVATE TRANSACTION
www.reuters.com - February 3 at 4:36 AM
finance.yahoo.com logoIndependence Holding Company Repurchases Shares in Private Transaction
finance.yahoo.com - February 2 at 6:34 PM
reuters.com logoBRIEF-Independence Holding says repurchased 290,000 shares for $5.8 mln
www.reuters.com - January 30 at 10:50 AM
finance.yahoo.com logoIndependence Holding Company Repurchases Shares
finance.yahoo.com - January 30 at 10:50 AM
streetinsider.com logoHealth eDeals Open for Regional Sales Representative and Leadership Roles in FL, NC, VA, PA
www.streetinsider.com - January 1 at 10:12 AM
streetinsider.com logoHealth eDeals Expands Opportunities in AZ, NV, NM, MO for Sales Representative and Leadership Roles
www.streetinsider.com - December 31 at 5:47 PM
uk.finance.yahoo.com logoA.M. Best Affirms Credit Ratings of Independence Holding Company and Its Subsidiaries
uk.finance.yahoo.com - December 22 at 6:09 PM
finance.yahoo.com logoIndependence Holding Company Announces Redemption of Final Series of Its Trust Preferred Securities
finance.yahoo.com - December 12 at 5:59 PM
seekingalpha.com logoEbix: Growth/Upside In 2017
seekingalpha.com - December 6 at 3:38 PM
reuters.com logoBRIEF-Independence Holding increases annual dividend to stockholders to $0.12/shr
www.reuters.com - November 30 at 6:00 PM
us.rd.yahoo.com logoIndependence Holding Company Announces 33% Increase in Cash Dividend
us.rd.yahoo.com - November 30 at 11:30 AM
us.rd.yahoo.com logo4:52 pm Independence Hldg increases dividend 33% and declares semi-annual cash dividend of $0.06/share of common stock, prior $0.045/share
us.rd.yahoo.com - November 30 at 11:30 AM
seekingalpha.com logoIndependence Holding Company declares $0.045 dividend
seekingalpha.com - June 20 at 6:12 PM

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Chart

Independence Holding Company (IHC) Chart for Monday, September, 25, 2017

This page was last updated on 9/25/2017 by MarketBeat.com Staff