NASDAQ:IGIC International General Insurance (IGIC) Stock Price, News & Analysis $17.82 -0.48 (-2.62%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$17.73▼$18.4750-Day Range$13.96▼$18.4852-Week Range$10.60▼$18.74Volume55,640 shsAverage Volume61,363 shsMarket Capitalization$818.83 millionP/E Ratio6.60Dividend Yield0.56%Price Target$19.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get International General Insurance alerts: Email Address International General Insurance MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside6.6% Upside$19.00 Price TargetShort InterestHealthy0.05% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.29 out of 5 starsFinance Sector615th out of 871 stocksInsurance Carriers, Not Elsewhere Classified Industry2nd out of 3 stocks 1.5 Analyst's Opinion Consensus RatingInternational General Insurance has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageInternational General Insurance has only been the subject of 1 research reports in the past 90 days.Read more about International General Insurance's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.05% of the float of International General Insurance has been sold short.Short Interest Ratio / Days to CoverInternational General Insurance has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in International General Insurance has recently decreased by 62.75%, indicating that investor sentiment is improving significantly. Previous Next 0.8 Dividend Strength Dividend YieldInternational General Insurance has a dividend yield of 0.55%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthInternational General Insurance does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of International General Insurance is 3.70%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about International General Insurance's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for IGIC. Previous Next 0.6 News and Social Media Coverage Search InterestOnly 1 people have searched for IGIC on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows4 people have added International General Insurance to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, International General Insurance insiders have not sold or bought any company stock.Percentage Held by Insiders20.10% of the stock of International General Insurance is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions54.24% of the stock of International General Insurance is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about International General Insurance's insider trading history. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of International General Insurance is 6.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.80.Price to Earnings Ratio vs. SectorThe P/E ratio of International General Insurance is 6.60, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 31.96.Price to Book Value per Share RatioInternational General Insurance has a P/B Ratio of 1.39. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about International General Insurance's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsNASDAQ to crash 50%?During the 2020 Covid Crash he called a market reversal - eleven days before the S&P bottomed out... Now, he's saying there are four major cracks forming in the US economy...Click here to learn more >>> About International General Insurance Stock (NASDAQ:IGIC)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. The company was founded in 2001 and is based in Amman, Jordan.Read More IGIC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart IGIC Stock News HeadlinesAugust 28, 2024 | americanbankingnews.comInternational General Insurance (NASDAQ:IGIC) Reaches New 52-Week High at $18.15August 15, 2024 | msn.comInternational General Insurance Holdings declares $0.025 dividendSeptember 7, 2024 | Paradigm Press (Ad)Ex-CIA Advisor: “This is How Kamala will Rig the Election”A former CIA advisor with close ties to the White House… Has just released this shocking expose on Kamala’s plan to stop Trump. Every American needs to prepare now…August 10, 2024 | insidermonkey.comInternational General Insurance Holdings Ltd. (NASDAQ:IGIC) Q2 2024 Earnings Call TranscriptAugust 10, 2024 | finance.yahoo.comThose who invested in International General Insurance Holdings (NASDAQ:IGIC) three years ago are up 82%August 7, 2024 | seekingalpha.comInternational General Insurance Holdings Ltd. (IGIC) Q2 2024 Earnings Call TranscriptAugust 7, 2024 | finance.yahoo.comIGI Reports Second Quarter and Half Year 2024 Unaudited Financial ResultsAugust 7, 2024 | msn.comInternational General Insurance reports mixed Q2 resultsSeptember 7, 2024 | Paradigm Press (Ad)Ex-CIA Advisor: “This is How Kamala will Rig the Election”A former CIA advisor with close ties to the White House… Has just released this shocking expose on Kamala’s plan to stop Trump. Every American needs to prepare now…June 11, 2024 | businesswire.comIGI Increases its Repurchase Authorization to 7.5 Million Common SharesMay 30, 2024 | investorplace.comSixfold Fortunes: 3 Bargain Stocks Set for 6X Gains by 2030May 30, 2024 | investorplace.com3 Must-Buy Stocks Under $15 for a Quick Triple by 2026May 15, 2024 | businesswire.comIGI Announces Increase in Quarterly Ordinary Common Share DividendMay 8, 2024 | finance.yahoo.comIGI Establishes a Presence in Lloyd’s, Begins Trading May 9, 2024May 8, 2024 | seekingalpha.comInternational General Insurance Holdings Ltd. 2024 Q1 - Results - Earnings Call PresentationMay 8, 2024 | businesswire.comIGI Establishes a Presence in Lloyd's, Begins Trading May 9, 2024May 7, 2024 | msn.comInternational General Insurance Holdings Non-GAAP EPS of $0.89May 7, 2024 | businesswire.comIGI Reports First Quarter 2024 Unaudited Financial ResultsSee More Headlines Receive IGIC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for International General Insurance and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 6/20 Dividend6/03/2024Dividend Payable6/20/2024Last Earnings8/06/2024Ex-Dividend for 9/18 Dividend8/30/2024Today9/07/2024Dividend Payable9/18/2024Next Earnings (Estimated)11/12/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Insurance carriers, not elsewhere classified Sub-IndustryInsurance Current SymbolNASDAQ:IGIC CUSIPN/A CIK1794338 Webwww.iginsure.com Phone(626) 562-2009FaxN/AEmployees290Year FoundedN/APrice Target and Rating Average Stock Price Target$19.00 High Stock Price Target$19.00 Low Stock Price Target$19.00 Potential Upside/Downside+6.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$2.70 Trailing P/E Ratio6.60 Forward P/E RatioN/A P/E GrowthN/ANet Income$118.19 million Net Margins23.40% Pretax Margin24.06% Return on Equity25.74% Return on Assets7.48% Debt Debt-to-Equity RatioN/A Current Ratio0.58 Quick Ratio0.58 Sales & Book Value Annual Sales$472 million Price / Sales1.73 Cash Flow$2.94 per share Price / Cash Flow6.06 Book Value$12.80 per share Price / Book1.39Miscellaneous Outstanding Shares45,950,000Free Float36,813,000Market Cap$818.83 million OptionableOptionable Beta0.23 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Wasef Salim Jabsheh (Age 81)Founder & Executive Chairman Mr. Waleed Wasef Jabsheh (Age 48)CEO, President & Director Mr. Pervez Rizvi (Age 63)Group Chief Financial Officer Mr. Hatem Wasef Jabsheh (Age 44)Group Chief Operating Officer Mr. Mamraj ChaharVice President of InvestmentMr. Ruwan PereraGroup Chief Technology & Information OfficerMs. Robin SiddersHead of Investor RelationsMs. Rawan AlsulaimanChief Legal & Compliance Officer and Company SecretaryAaida Abu JaberAssistant Vice President of PR & MarketingMr. Tandy HarrisChief Human Resources OfficerMore ExecutivesKey CompetitorsNMINASDAQ:NMIHGoosehead InsuranceNASDAQ:GSHDCredit Suisse GroupNYSE:CSSiriusPointNYSE:SPNTPalomarNASDAQ:PLMRView All CompetitorsInstitutional OwnershipLong Focus Capital Management LLCSold 33,282 shares on 8/15/2024Ownership: 0.288%Mackenzie Financial CorpBought 29,370 shares on 8/15/2024Ownership: 0.064%Interval Partners LPBought 15,379 shares on 8/14/2024Ownership: 0.249%Marshall Wace LLPBought 67,809 shares on 8/14/2024Ownership: 0.200%Westwood Holdings Group Inc.Sold 2,934 shares on 8/13/2024Ownership: 2.204%View All Institutional Transactions IGIC Stock Analysis - Frequently Asked Questions How have IGIC shares performed this year? International General Insurance's stock was trading at $12.88 at the beginning of 2024. Since then, IGIC stock has increased by 38.4% and is now trading at $17.82. View the best growth stocks for 2024 here. How were International General Insurance's earnings last quarter? International General Insurance Holdings Ltd. (NASDAQ:IGIC) posted its quarterly earnings results on Tuesday, August, 6th. The company reported $0.74 EPS for the quarter, beating the consensus estimate of $0.62 by $0.12. The company had revenue of $135.60 million for the quarter. International General Insurance had a trailing twelve-month return on equity of 25.74% and a net margin of 23.40%. Who are International General Insurance's major shareholders? International General Insurance's top institutional investors include Westwood Holdings Group Inc. (2.20%), Sei Investments Co. (0.56%), Acadian Asset Management LLC (0.48%) and Renaissance Technologies LLC (0.36%). How do I buy shares of International General Insurance? Shares of IGIC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:IGIC) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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