Insurance Australia Group (IAG) Stock Overview
Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 4/6 |
IAG Community Fair Values
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Analyst Price Targets
Insurance Australia Group Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$8.01 |
| 52 Week High | AU$9.18 |
| 52 Week Low | AU$6.39 |
| Beta | -0.014 |
| 1 Month Change | 7.37% |
| 3 Month Change | 16.59% |
| 1 Year Change | -7.40% |
| 3 Year Change | 54.34% |
| 5 Year Change | 65.15% |
| Change since IPO | 159.73% |
Recent News & Updates
Narrative Update • Apr 25
IAG: Share Buyback And Margin Reset Will Support Future Upside Potential
Analysts have adjusted their A$ price target for Insurance Australia Group to A$8.05, reflecting updated views on revenue trends, profit margins and future P/E assumptions following recent research that included a downgrade by Morgan Stanley. Analyst Commentary Recent commentary around Insurance Australia Group highlights a mixed view, with the revised A$8.05 price target sitting against concerns raised in the latest downgrade and updated assumptions for revenue, margins and P/E.Narrative Update • Apr 10
IAG: Share Buyback And Margin Resilience Will Support Future Upside Potential
Analysts have slightly reduced their price target for Insurance Australia Group to A$8.05, reflecting updated views of somewhat weaker revenue growth and a modestly higher profit margin outlook. Together, these factors also contribute to a marginally lower forward P/E assumption.Narrative Update • Mar 26
IAG: Share Buyback And Margin Discipline Will Shape Balanced Return Outlook
Analysts have trimmed their price target on Insurance Australia Group to about A$8.05 from roughly A$8.23, citing slightly lower profit margin expectations and a marginally lower future P/E multiple, while keeping other key assumptions broadly unchanged. Analyst Commentary Bullish Takeaways Bullish analysts see the trimmed price target as still implying some room for upside relative to current levels, even with slightly lower margin assumptions and a reduced P/E multiple.Narrative Update • Mar 08
IAG: Share Buyback And Stable Margin Outlook Will Support Upside
Analysts have lifted their price target for Insurance Australia Group to A$8.23, reflecting updated assumptions for revenue, profit margin and forward P/E that remain broadly consistent with prior estimates. What's in the News The board authorized a new share buyback plan on February 12, 2026, indicating approval for capital to be directed to repurchasing shares (Key Developments).Narrative Update • Feb 22
IAG: Share Buyback And Margin Outlook Will Support Undervalued Upside
Analysts have trimmed their price target on Insurance Australia Group to around A$8.23 from about A$8.64, reflecting updated assumptions that factor in softer revenue expectations, slightly firmer profit margins and a lower future P/E of roughly 19.9x. What's in the News The board has approved a share buyback plan, providing authorization for Insurance Australia Group to repurchase its own shares as of February 12, 2026 (company announcement).Recent updates
Narrative Update • Apr 25
IAG: Share Buyback And Margin Reset Will Support Future Upside Potential
Analysts have adjusted their A$ price target for Insurance Australia Group to A$8.05, reflecting updated views on revenue trends, profit margins and future P/E assumptions following recent research that included a downgrade by Morgan Stanley. Analyst Commentary Recent commentary around Insurance Australia Group highlights a mixed view, with the revised A$8.05 price target sitting against concerns raised in the latest downgrade and updated assumptions for revenue, margins and P/E.Narrative Update • Apr 10
IAG: Share Buyback And Margin Resilience Will Support Future Upside Potential
Analysts have slightly reduced their price target for Insurance Australia Group to A$8.05, reflecting updated views of somewhat weaker revenue growth and a modestly higher profit margin outlook. Together, these factors also contribute to a marginally lower forward P/E assumption.Narrative Update • Mar 26
IAG: Share Buyback And Margin Discipline Will Shape Balanced Return Outlook
Analysts have trimmed their price target on Insurance Australia Group to about A$8.05 from roughly A$8.23, citing slightly lower profit margin expectations and a marginally lower future P/E multiple, while keeping other key assumptions broadly unchanged. Analyst Commentary Bullish Takeaways Bullish analysts see the trimmed price target as still implying some room for upside relative to current levels, even with slightly lower margin assumptions and a reduced P/E multiple.Narrative Update • Mar 08
IAG: Share Buyback And Stable Margin Outlook Will Support Upside
Analysts have lifted their price target for Insurance Australia Group to A$8.23, reflecting updated assumptions for revenue, profit margin and forward P/E that remain broadly consistent with prior estimates. What's in the News The board authorized a new share buyback plan on February 12, 2026, indicating approval for capital to be directed to repurchasing shares (Key Developments).Narrative Update • Feb 22
IAG: Share Buyback And Margin Outlook Will Support Undervalued Upside
Analysts have trimmed their price target on Insurance Australia Group to around A$8.23 from about A$8.64, reflecting updated assumptions that factor in softer revenue expectations, slightly firmer profit margins and a lower future P/E of roughly 19.9x. What's in the News The board has approved a share buyback plan, providing authorization for Insurance Australia Group to repurchase its own shares as of February 12, 2026 (company announcement).Analysis Article • Feb 15
Insurance Australia Group's (ASX:IAG) Dividend Will Be A$0.12
The board of Insurance Australia Group Limited ( ASX:IAG ) has announced that it will pay a dividend on the 13th of...Narrative Update • Feb 08
IAG: Slight Model Tweaks Will Support Ongoing Undervalued Upside Potential
Analysts have trimmed their fair value estimate for Insurance Australia Group slightly from A$8.65 to about A$8.64, with the small adjustment linked to updated assumptions for the discount rate, profit margin, and future P/E. Valuation Changes Fair Value: Trimmed slightly from A$8.65 to about A$8.64, reflecting minor tweaks to the model inputs.Narrative Update • Jan 24
IAG: Slightly Softer Revenue Outlook Will Support Undervalued Upside Potential
Analysts have trimmed their price target for Insurance Australia Group slightly to A$8.65 from A$8.68, reflecting updated assumptions around softer revenue growth, marginally higher expected profit margins, and an unchanged future P/E multiple. Valuation Changes Fair Value: Trimmed slightly from A$8.68 to A$8.65, a small downward adjustment.Narrative Update • Jan 09
IAG: RACQ Integration Will Support Stronger 2026 Outlook With Fair Valuation
Analysts have slightly reduced their price target for Insurance Australia Group to A$8.68 from A$8.72, reflecting updated assumptions of softer revenue growth, a modestly stronger profit margin profile, and a marginally lower forward P/E multiple. What's in the News Raised fiscal 2026 guidance for gross written premium growth to about 10%, reflecting the planned inclusion of RACQ Insurance from 1 September 2025 (Corporate Guidance).Analysis Article • Dec 30
Here's Why We Think Insurance Australia Group (ASX:IAG) Might Deserve Your Attention Today
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Narrative Update • Dec 18
IAG: Future RACQ Contribution Will Support Earnings With Balanced Medium-Term Outlook
Analysts have trimmed their price target for Insurance Australia Group by approximately A$0.11 per share, reflecting slightly softer assumptions for long term revenue growth and profit margins while keeping the discount rate and future valuation multiples broadly unchanged. What's in the News Raised fiscal 2026 guidance for gross written premium growth to approximately 10%, up from a low to mid single digit range.Analysis Article • Dec 08
Insurance Australia Group Limited's (ASX:IAG) Prospects Need A Boost To Lift Shares
When close to half the companies in Australia have price-to-earnings ratios (or "P/E's") above 22x, you may consider...Narrative Update • Dec 04
IAG: Upgraded Profit Outlook Will Drive Strong Earnings From RACQ Acquisition
Analysts have nudged their price target on Insurance Australia Group slightly lower to approximately A$8.83 from about A$8.95, reflecting marginally softer revenue growth expectations, partly offset by a modest improvement in forecast profit margins and valuation multiples. What's in the News Raised fiscal 2026 guidance for gross written premium growth to around 10%, up from a previous low to mid single digit range, driven by the planned inclusion of RACQ Insurance from 1 September 2025 (company guidance).Narrative Update • Nov 20
IAG: Earnings Guidance Upgrades Will Support Stronger Profitability Outlook
Analysts have reiterated their fair value estimate for Insurance Australia Group at $8.95, citing stable revenue projections and modest improvements in projected profit margins, even with a slightly higher discount rate. What's in the News Insurance Australia Group revised its earnings guidance for fiscal 2026, reflecting stronger anticipated performance.Narrative Update • Nov 03
IAG: Future Profit Outlook Will Strengthen With RACQ Integration Ahead
Analysts have slightly increased their price target for Insurance Australia Group, raising their fair value estimate from $8.93 to $8.95. This change is based on minor adjustments to revenue growth forecasts and profit margin expectations.Narrative Update • Oct 19
Overpriced Insurance Valuation Will Face Future Margin Pressures
Analysts have lowered their price target for Insurance Australia Group from $9.07 to $8.93 per share, citing modest declines in fair value estimates because of slightly lower projected revenue growth and profit margin. What's in the News Insurance Australia Group announced an ordinary fully paid dividend of AUD 0.19 per security for the six months ended June 30, 2025 (Key Developments).Analysis Article • Sep 15
Here's Why We Think Insurance Australia Group (ASX:IAG) Is Well Worth Watching
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Narrative Update • Sep 10
Overpriced Insurance Valuation Will Face Future Margin Pressures
Analysts’ valuation for Insurance Australia Group is largely unchanged, with both the Future P/E and Net Profit Margin holding steady, leading to only a slight increase in the consensus price target from A$8.98 to A$9.07. What's in the News Completed buyback of 4,955,680 shares (0.21% of issued capital) for AUD 36.98 million under the program announced August 2024.Analysis Article • Jun 11
Subdued Growth No Barrier To Insurance Australia Group Limited's (ASX:IAG) Price
With a median price-to-earnings (or "P/E") ratio of close to 18x in Australia, you could be forgiven for feeling...Analysis Article • May 21
Here's Why We Think Insurance Australia Group (ASX:IAG) Might Deserve Your Attention Today
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
New Narrative • Feb 09
Implementing The Enterprise Platform And New Technologies Will Streamline Operations And Boost Efficiency
Investment in new technology and the Enterprise Platform may improve operations, enhance customer experience, and lead to higher future net margins.Shareholder Returns
| IAG | AU Insurance | AU Market | |
|---|---|---|---|
| 7D | 10.0% | 0.7% | -2.7% |
| 1Y | -7.4% | -9.4% | 3.7% |
Return vs Industry: IAG exceeded the Australian Insurance industry which returned -9.4% over the past year.
Return vs Market: IAG underperformed the Australian Market which returned 3.7% over the past year.
Price Volatility
| IAG volatility | |
|---|---|
| IAG Average Weekly Movement | 3.5% |
| Insurance Industry Average Movement | 3.6% |
| Market Average Movement | 10.4% |
| 10% most volatile stocks in AU Market | 17.4% |
| 10% least volatile stocks in AU Market | 4.4% |
Stable Share Price: IAG has not had significant price volatility in the past 3 months compared to the Australian market.
Volatility Over Time: IAG's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1920 | n/a | Nick Hawkins | www.iag.com.au |
Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand. The company’s short-tail insurance products include motor vehicle; home and contents; lifestyle and leisure, including boat, veteran and classic car, and caravan; business packages; farm; commercial motor; commercial property; fleet motor; construction and engineering; rural; marine; and niche insurance, such as pleasure craft, boat, and caravan. It also provides long-tail insurance products, including professional indemnity; compulsory third party, including motor injury liability; workers’ compensation; directors’ and officers’ liability; public and products liability; and commercial liability insurance.
Insurance Australia Group Limited Fundamentals Summary
| IAG fundamental statistics | |
|---|---|
| Market cap | AU$18.38b |
| Earnings (TTM) | AU$1.09b |
| Revenue (TTM) | AU$18.26b |
17.2x
P/E Ratio1.0x
P/S RatioIs IAG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| IAG income statement (TTM) | |
|---|---|
| Revenue | AU$18.26b |
| Cost of Revenue | AU$15.27b |
| Gross Profit | AU$2.99b |
| Other Expenses | AU$1.90b |
| Earnings | AU$1.09b |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
Aug 13, 2026
| Earnings per share (EPS) | 0.47 |
| Gross Margin | 16.37% |
| Net Profit Margin | 5.95% |
| Debt/Equity Ratio | 36.9% |
How did IAG perform over the long term?
See historical performance and comparisonDividends
3.9%
Current Dividend Yield67%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/15 08:40 |
| End of Day Share Price | 2026/05/15 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Insurance Australia Group Limited is covered by 25 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew Adams | Barrenjoey Markets Pty Limited |
| Benjamin Brayshaw | Barrenjoey Markets Pty Limited |
| Freya Kong | BofA Global Research |