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

$39.40
+0.77 (+1.99 %)
(As of 09/20/2019 04:00 PM ET)
Today's Range
$38.51
Now: $39.40
$39.40
50-Day Range
$36.00
MA: $37.65
$39.29
52-Week Range
$33.30
Now: $39.40
$41.04
Volume38,432 shs
Average Volume8,570 shs
Market Capitalization$583.51 million
P/E Ratio19.33
Dividend Yield1.02%
Beta0.21
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$2.2023 per share
Book Value$30.49 per share

Profitability

Net Income$28.48 million

Miscellaneous

Employees400
Market Cap$583.51 million
Next Earnings Date11/5/2019 (Estimated)
OptionableNot Optionable

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

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 Tuesday, March 19th. Stockholders of record on Friday, June 21st will be paid a dividend of $0.20 per share on Friday, July 5th. This represents a dividend yield of 1.01%. The ex-dividend date of this dividend is Thursday, June 20th. This is an increase from Independence's previous semiannual dividend of $0.15. View Independence's Dividend History.

How were Independence's earnings last quarter?

Independence Holding (NYSE:IHC) announced its earnings results on Tuesday, August, 6th. The financial services provider reported $0.46 earnings per share for the quarter. The financial services provider earned $95.12 million during the quarter. Independence had a net margin of 8.27% and a return on equity of 6.65%. View Independence's Earnings History.

When is Independence's next earnings date?

Independence is scheduled to release their next quarterly earnings announcement on Tuesday, November 5th 2019. View Earnings Estimates for Independence.

Has Independence been receiving favorable news coverage?

News articles about IHC stock have trended somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Independence earned a coverage optimism score of -1.3 on InfoTrie's scale. They also assigned news articles 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 impact on the stock's share price in the next several days. View News Stories for Independence.

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), Ascential (ASCL), Intu Properties (INTU), Activision Blizzard (ATVI), Exponent (EXPO), Galmed Pharmaceuticals (GLMD), Hasbro (HAS) and HMS (HMSY).

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 a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (1.86%), Vanguard Group Inc. (1.51%), Northern Trust Corp (0.47%), Bank of New York Mellon Corp (0.22%), Wells Fargo & Company MN (0.10%) and Parametric Portfolio Associates LLC (0.10%). 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 Invesco Ltd., Wells Fargo & Company MN, Northern Trust Corp, Morgan Stanley and Bank of New York Mellon Corp. View Insider Buying and Selling for Independence.

Which major investors are buying Independence stock?

IHC stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Janney Montgomery Scott LLC, Zebra Capital Management LLC, Vanguard Group Inc., Aperio Group LLC, Charles Schwab Investment Management Inc., Swiss National Bank and Bank of Montreal Can. 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 $39.40.

How big of a company is Independence?

Independence has a market capitalization of $583.51 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:  107 (Vote Outperform)
Underperform Votes:  90 (Vote Underperform)
Total Votes:  197
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 9/21/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel