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

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$35.50 -0.50 (-1.39 %)
(As of 01/22/2019 04:00 PM ET)
Previous Close$36.00
Today's Range$35.22 - $35.77
52-Week Range$26.55 - $40.66
Volume7,971 shs
Average Volume6,512 shs
Market Capitalization$525.58 million
P/E Ratio10.75
Dividend Yield0.82%
Beta0.31
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.

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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$320.49 million
Cash Flow$3.5643 per share
Book Value$29.22 per share

Profitability

Net Income$42.04 million

Miscellaneous

Employees350
Market Cap$525.58 million
OptionableNot Optionable

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 semiannual dividend on Monday, December 31st. Shareholders of record on Wednesday, January 9th will be paid a dividend of $0.15 per share on Wednesday, January 23rd. This represents a dividend yield of 0.85%. The ex-dividend date of this dividend is Tuesday, January 8th. This is a positive change from Independence's previous semiannual dividend of $0.10. View Independence's Dividend History.

How will Independence's stock buyback program work?

Independence declared that its board has initiated a stock repurchase program on Sunday, June 4th 2017, which authorizes the company to repurchase 2,790,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its shares are undervalued.

How were Independence's earnings last quarter?

Independence Holding (NYSE:IHC) released its quarterly earnings results on Tuesday, November, 6th. The financial services provider reported $0.66 earnings per share (EPS) for the quarter. The financial services provider earned $89.94 million during the quarter. Independence had a return on equity of 11.56% and a net margin of 11.91%. View Independence's Earnings History.

When is Independence's next earnings date?

Independence is scheduled to release their next quarterly earnings announcement on Friday, March 15th 2019. View Earnings Estimates for Independence.

Has Independence been receiving favorable news coverage?

News coverage about IHC stock has been trending very positive recently, according to InfoTrie Sentiment. The research group rates the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Independence earned a daily sentiment score of 3.2 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Who are some of Independence's key competitors?

Who are Independence's key executives?

Independence's management team includes the folowing people:
  • Mr. Roy Tjay Kiang Thung, Chairman, CEO & Pres (Age 75)
  • Ms. Teresa Ellen Akshar Herbert, Sr. VP, CFO & Director (Age 57)
  • Mr. David Thomas Kettig, Exec. VP, COO & Director (Age 60)
  • Mr. Gary John Balzofiore, Corp. VP of Accounting & Fin. (Age 61)
  • Mr. Larry Raymond Graber, Sr. VP, Chief Life & Annuity Actuary and Director (Age 69)

Who are Independence's major shareholders?

Independence's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Meeder Asset Management Inc. (0.01%). 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 Meeder Asset Management Inc.. 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 $35.50.

How big of a company is Independence?

Independence has a market capitalization of $525.58 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:  77 (Vote Outperform)
Underperform Votes:  67 (Vote Underperform)
Total Votes:  144
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 1/22/2019 by MarketBeat.com Staff

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