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Sovereign Trust Insurance Stock Price

Symbol: NGSE:SOVRENINSMarket Cap: ₦24.3bCategory: Insurance

SOVRENINS Share Price Performance

SOVRENINS Community Fair Values

    Recent SOVRENINS News & Updates

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    Sovereign Trust Insurance Plc Key Details

    ₦40.0b

    Revenue

    ₦33.5b

    Cost of Revenue

    ₦6.5b

    Gross Profit

    ₦3.4b

    Other Expenses

    ₦3.1b

    Earnings

    Last Reported Earnings
    Dec 31, 2024
    Next Reporting Earnings
    n/a
    Earnings per share (EPS)
    0.22
    Gross Margin
    16.19%
    Net Profit Margin
    7.68%
    Debt/Equity Ratio
    35.5%

    Sovereign Trust Insurance Plc Competitors

     
     
     
     
     
     
     
     
     
     
     
     

    About SOVRENINS

    Founded
    1980
    Employees
    155
    CEO
    Olaotan Soyinka
    WebsiteView website
    www.stiplc.com

    Sovereign Trust Insurance Plc provides non-life and special risk insurance in Nigeria. It offers motor, family wellbeing, marine cargo and hull, travel, all risk, aviation, burglary house breaking, consequential loss, contractors and erection all risk, electronic equipment, fidelity guarantee, fire and extraneous perils, goods in transit, healthcare indemnity, house holder house owner, machinery breakdown, money, oil and gas, personal/group accident, plant all risk, professional indemnity, and workmen’s compensation insurance products, as well as builder’s, public, product, and occupiers liability insurance. The company was formerly known as Grand Union Assurances Limited and changed its name to Sovereign Trust Insurance Plc in January 1995. Sovereign Trust Insurance Plc was incorporated in 1980 and is headquartered in Lagos, Nigeria.

    Nigerian Market Performance

    • 7 Days: 4.3%
    • 3 Months: 32.7%
    • 1 Year: 47.2%
    • Year to Date: 35.6%
    The market has climbed 4.3% in the last 7 days, lead by the Materials sector with a gain of 9.6%. In contrast, the Industrials sector is lagging, dropping 4.0%. The market is up 47% over the last 12 months. Earnings are forecast to grow by 19% annually. Market details ›
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