International General Insurance (IGIC) Expected to Announce Earnings on Tuesday

International General Insurance (NASDAQ:IGIC - Get Free Report) is anticipated to announce its earnings results after the market closes on Tuesday, February 25th. Analysts expect the company to announce earnings of $0.88 per share and revenue of $136.20 million for the quarter. Investors that wish to register for the company's conference call can do so using this link.

International General Insurance Trading Down 2.2 %

Shares of NASDAQ IGIC traded down $0.58 during mid-day trading on Friday, reaching $25.96. The company had a trading volume of 61,532 shares, compared to its average volume of 82,145. The stock has a market cap of $1.19 billion, a PE ratio of 8.48 and a beta of 0.27. The company has a 50-day moving average price of $24.74 and a two-hundred day moving average price of $21.98. International General Insurance has a 1-year low of $11.51 and a 1-year high of $27.66.

Analyst Ratings Changes

A number of equities analysts recently issued reports on IGIC shares. Oppenheimer started coverage on International General Insurance in a report on Thursday, November 21st. They issued an "outperform" rating and a $30.00 target price on the stock. Royal Bank of Canada lifted their target price on International General Insurance from $22.00 to $26.00 and gave the stock an "outperform" rating in a report on Thursday, November 7th.

International General Insurance Company Profile

International General Insurance Holdings Ltd. engages in the provision of specialty insurance and reinsurance solutions worldwide. The company operates through three segments: Specialty Long-tail, Specialty Short-tail, and Reinsurance. It is involved in underwriting a portfolio of specialty risks, including energy, property, construction and engineering, ports and terminals, general aviation, political violence, professional lines, financial institutions, motor, marine liability, contingency, marine, treaty, and casualty insurance and reinsurance.