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IAG

Insurance Australia Group ASX:IAG Stock Report

Last Price

AU$4.73

Market Cap

AU$11.5b

7D

-6.9%

1Y

8.0%

Updated

05 Feb, 2023

Data

Company Financials +

Insurance Australia Group Limited

ASX:IAG Stock Report

Mkt Cap: AU$11.5b

IAG Stock Overview

Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand.

IAG fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance2/6
Financial Health4/6
Dividends2/6

Rewards

Trading at 28.5% below our estimate of its fair value

Earnings are forecast to grow 15.57% per year

Became profitable this year

Risk Analysis

No risks detected for IAG from our risk checks.

My Notes

New

Notes are coming soon

Insurance Australia Group Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Insurance Australia Group
Historical stock prices
Current Share PriceAU$4.73
52 Week HighAU$5.12
52 Week LowAU$4.02
Beta0.15
1 Month Change-0.63%
3 Month Change-3.86%
1 Year Change7.99%
3 Year Change-33.10%
5 Year Change-35.79%
Change since IPO53.37%

Recent News & Updates

Recent updates

New Forecasts: Here's What Analysts Think The Future Holds For Insurance Australia Group Limited (ASX:IAG)

Jul 10
New Forecasts: Here's What Analysts Think The Future Holds For Insurance Australia Group Limited (ASX:IAG)

Analysts Just Made An Incredible Upgrade To Their Insurance Australia Group Limited (ASX:IAG) Forecasts

Feb 15
Analysts Just Made An Incredible Upgrade To Their Insurance Australia Group Limited (ASX:IAG) Forecasts

Earnings Update: Insurance Australia Group Limited (ASX:IAG) Just Reported And Analysts Are Boosting Their Estimates

Feb 12
Earnings Update: Insurance Australia Group Limited (ASX:IAG) Just Reported And Analysts Are Boosting Their Estimates

Does Insurance Australia Group Limited's (ASX:IAG) Weak Fundamentals Mean That The Stock Could Move In The Opposite Direction?

Feb 02
Does Insurance Australia Group Limited's (ASX:IAG) Weak Fundamentals Mean That The Stock Could Move In The Opposite Direction?

Some Shareholders Feeling Restless Over Insurance Australia Group Limited's (ASX:IAG) P/E Ratio

Jul 13
Some Shareholders Feeling Restless Over Insurance Australia Group Limited's (ASX:IAG) P/E Ratio

Shareholder Returns

IAGAU InsuranceAU Market
7D-6.9%-3.6%0.8%
1Y8.0%6.4%2.2%

Return vs Industry: IAG exceeded the Australian Insurance industry which returned 6.4% over the past year.

Return vs Market: IAG exceeded the Australian Market which returned 2.2% over the past year.

Price Volatility

Is IAG's price volatile compared to industry and market?
IAG volatility
IAG Average Weekly Movement2.7%
Insurance Industry Average Movement2.9%
Market Average Movement8.5%
10% most volatile stocks in AU Market15.5%
10% least volatile stocks in AU Market3.4%

Stable Share Price: IAG is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: IAG's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1920n/aNick Hawkinshttps://www.iag.com.au

Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand. It offers personal and commercial insurance products, including bicycle, comprehensive motor, commercial and motor fleet, commercial property and liability, construction and engineering, consumer credit, compulsory third party, directors and officers, extended warranty, farm, crop, livestock, home and contents, income protection, marine, veteran, vintage and classic car, boat, caravan, travel, life, professional indemnity, public and product liability, security, workers’ compensation, motor vehicle, business, and rural and horticultural, as well as reinsurance. The company sells its products through branches and agencies, call centers, online facilities, brokers, agents, authorized representatives, and financial institutions; and third parties under the NRMA Insurance, SGIO, SGIC, RACV, CGU, ROLLiN, WFI, Swann Insurance, NZI, State, AMI, Lumley, and Coles Insurance brands.

Insurance Australia Group Limited Fundamentals Summary

How do Insurance Australia Group's earnings and revenue compare to its market cap?
IAG fundamental statistics
Market CapAU$11.52b
Earnings (TTM)AU$347.00m
Revenue (TTM)AU$7.57b

33.2x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
IAG income statement (TTM)
RevenueAU$7.57b
Cost of RevenueAU$8.06b
Gross Profit-AU$485.00m
Other Expenses-AU$832.00m
EarningsAU$347.00m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

Feb 12, 2023

Earnings per share (EPS)0.14
Gross Margin-6.40%
Net Profit Margin4.58%
Debt/Equity Ratio31.6%

How did IAG perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

78%

Payout Ratio