NYSE:IHCIndependence Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Independence Holding Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $29.05 -0.54 (-1.82 %) (As of 05/29/2020 04:00 PM ET) Add Compare Share Today's Range$28.71Now: $29.05▼$29.4250-Day Range$24.98MA: $27.21▼$30.4352-Week Range$22.00Now: $29.05▼$43.60Volume17,663 shsAverage Volume18,906 shsMarket Capitalization$428.49 millionP/E Ratio54.81Dividend Yield1.38%Beta0.75 ProfileAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 0.0 Analyst's Opinion Consensus RatingThere is not enough analysis data for Independence. Previous Next 2.8 Community Rank Outperform VotesIndependence has received 159 “outperform” votes. (Add your “outperform” vote.)Underperform VotesIndependence has received 125 “underperform” votes. (Add your “underperform” vote.)Community SentimentIndependence has received 55.99% “outperform” votes from our community.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. Previous Next 2.5 Dividend Strength Dividend LeadershipIndependence is a leading dividend payer. It pays a dividend yield of 1.38%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthIndependence has been increasing its dividend for 8 years. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Independence insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 6.20% of the stock of Independence is held by insiders.Percentage Held by InstitutionsOnly 20.19% of the stock of Independence is held by institutions. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Independence is 54.81, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.33.Price to Earnings Ratio vs. SectorThe P/E ratio of Independence is 54.81, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 13.72.Price to Book Value per Share RatioIndependence has a P/B Ratio of 0.93. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 0.0Community Rank: 2.8Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.19 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Life insurance Sub-IndustryLife & Health Insurance SectorFinance Current SymbolNYSE:IHC Previous Symbol CUSIP45344030 CIK701869 Webwww.ihcgroup.com Phone203-358-8000Debt Debt-to-Equity RatioN/A Current Ratio0.80 Quick Ratio0.80Price-To-Earnings Trailing P/E Ratio54.81 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$374.45 million Price / Sales1.14 Cash Flow$2.19 per share Price / Cash Flow13.29 Book Value$31.18 per share Price / Book0.93Profitability EPS (Most Recent Fiscal Year)N/A Net Income$12.40 million Net Margins2.07% Return on Equity4.48% Return on Assets1.95%Miscellaneous Employees400 Outstanding Shares14,750,000Market Cap$428.49 million Next Earnings Date8/4/2020 (Estimated) OptionableNot Optionable IHC Rates by TradingView 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. Independence (NYSE:IHC) Frequently Asked Questions How has Independence's stock been impacted by COVID-19 (Coronavirus)? Independence's stock was trading at $34.02 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, IHC shares have decreased by 14.6% and is now trading at $29.05. View which stocks have been most impacted by Coronavirus. When is Independence's next earnings date? Independence is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Independence. How were Independence's earnings last quarter? Independence Holding (NYSE:IHC) released its quarterly earnings data on Thursday, May, 7th. The financial services provider reported $0.10 EPS for the quarter. The financial services provider had revenue of $104 million for the quarter. Independence had a net margin of 2.07% and a return on equity of 4.48%. View Independence's earnings history. How often does Independence pay dividends? What is the dividend yield for Independence? Independence announced a Semi-Annual dividend on Monday, March 16th. Investors of record on Monday, June 15th will be given a dividend of $0.22 per share on Monday, June 29th. This represents a yield of 1.5%. The ex-dividend date of this dividend is Friday, June 12th. This is an increase from Independence's previous Semi-Annual dividend of $0.20. View Independence's dividend history. Has Independence been receiving favorable news coverage? News articles about IHC stock have trended extremely negative recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Independence earned a daily sentiment score of -4.0 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutIndependence. Are investors shorting Independence? Independence saw a decline in short interest in the month of April. As of April 30th, there was short interest totaling 71,800 shares, a decline of 10.0% from the April 15th total of 79,800 shares. Based on an average trading volume of 16,300 shares, the days-to-cover ratio is currently 4.4 days. Currently, 1.5% of the company's shares are sold short. View Independence's Current Options Chain. Who are some of Independence's key competitors? Some companies that are related to Independence include Metlife (MET), AFLAC (AFL), Prudential Financial (PRU), Principal Financial Group (PFG), Lincoln National (LNC), Primerica (PRI), Unum Group (UNM), CNO Financial Group (CNO), American Equity Investment Life (AEL), FBL Financial Group (FFG), National Western Life Group (NWLI), Citizens (CIA), Health Insurance Innovations (HIIQ) and Kansas City Life Insurance (KCLI). View all 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), AbbVie (ABBV), Capital City Bank Group (CCBG), CenterPoint Energy (CNP), Exponent (EXPO), Hasbro (HAS), Westlake Chemical (WLK), Activision Blizzard (ATVI), Dynagas LNG Partners (DLNG) and Gilead Sciences (GILD). Who are Independence's key executives? Independence's management team includes the following 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. What is Independence's stock symbol? Independence trades on the New York Stock Exchange (NYSE) under the ticker symbol "IHC." Who are Independence's major shareholders? Independence's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Arnhold LLC (3.44%), BlackRock Inc. (2.02%), TCW Group Inc. (1.67%), Atom Investors LP (1.27%), State Street Corp (0.78%) and Geode Capital Management LLC (0.58%). Company insiders that own Independence stock include Larry Graber and Ronald I Simon. 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 Bleichroeder LP, Atom Investors LP, Morgan Stanley, Nkcfo LLC, UBS Group AG, State Street Corp, Arnhold LLC, and Deutsche Bank AG. View insider buying and selling activity for Independence. Which major investors are buying Independence stock? IHC stock was purchased by a variety of institutional investors in the last quarter, including TCW Group Inc., Nuveen Asset Management LLC, BlackRock Inc., Bank of New York Mellon Corp, Wells Fargo & Company MN, Geode Capital Management LLC, Invesco Ltd., and JPMorgan Chase & Co.. View insider buying and selling activity 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 $29.05. How big of a company is Independence? Independence has a market capitalization of $428.49 million and generates $374.45 million in revenue each year. Independence employs 400 workers across the globe. What is Independence's official website? The official website for Independence is www.ihcgroup.com. How can I contact Independence? Independence's mailing address is 96 CUMMINGS POINT RD, STAMFORD CT, 06902. The financial services provider can be reached via phone at 203-358-8000 or via email at [email protected] This page was last updated on 5/31/2020 by MarketBeat.com Staff
