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

International General Insurance (NASDAQ:IGIC - Get Free Report) is set to post its quarterly earnings results after the market closes on Tuesday, November 5th. Investors that wish to listen to the company's conference call can do so using this link.

International General Insurance (NASDAQ:IGIC - Get Free Report) last issued its quarterly earnings results on Tuesday, August 6th. The company reported $0.74 earnings per share for the quarter, topping analysts' consensus estimates of $0.62 by $0.12. International General Insurance had a net margin of 23.40% and a return on equity of 25.74%. The company had revenue of $135.60 million during the quarter.

International General Insurance Stock Performance

Shares of International General Insurance stock traded up $0.15 on Tuesday, reaching $22.39. 273,333 shares of the stock were exchanged, compared to its average volume of 72,108. The firm's 50 day moving average is $18.76 and its 200-day moving average is $16.16. International General Insurance has a one year low of $10.76 and a one year high of $23.07. The firm has a market cap of $1.03 billion, a PE ratio of 8.78 and a beta of 0.23.

International General Insurance Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 18th. Investors of record on Monday, September 2nd were paid a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 0.45%. The ex-dividend date was Friday, August 30th. International General Insurance's payout ratio is 3.92%.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada increased their price objective on shares of International General Insurance from $17.00 to $19.00 and gave the company an "outperform" rating in a research note on Thursday, August 8th.

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.