Insurance Australia Group Future Growth

Future criteria checks 1/6

Insurance Australia Group is forecast to grow earnings and revenue by 6.8% and 4% per annum respectively. EPS is expected to grow by 1.7% per annum. Return on equity is forecast to be 15.3% in 3 years.

Key information

6.8%

Earnings growth rate

1.7%

EPS growth rate

Insurance earnings growth	5.4%
Revenue growth rate	4.0%
Future return on equity	15.3%
Analyst coverage	Good
Last updated	21 Aug 2024

Recent future growth updates

Recent updates

Insurance Australia Group Limited's (ASX:IAG) Business Is Trailing The Market But Its Shares Aren't

Aug 03

Do Insurance Australia Group's (ASX:IAG) Earnings Warrant Your Attention?

Jul 12

Some Confidence Is Lacking In Insurance Australia Group Limited's (ASX:IAG) P/E

Apr 10

Insurance Australia Group (ASX:IAG) Ticks All The Boxes When It Comes To Earnings Growth

Mar 14

Insurance Australia Group's (ASX:IAG) Upcoming Dividend Will Be Larger Than Last Year's

Feb 20

There's No Escaping Insurance Australia Group Limited's (ASX:IAG) Muted Earnings

Dec 23

Is Now The Time To Put Insurance Australia Group (ASX:IAG) On Your Watchlist?

Nov 26

We Think Shareholders May Consider Being More Generous With Insurance Australia Group Limited's (ASX:IAG) CEO Compensation Package

Oct 04

We Ran A Stock Scan For Earnings Growth And Insurance Australia Group (ASX:IAG) Passed With Ease

Aug 23

Insurance Australia Group's (ASX:IAG) Dividend Will Be A$0.06

Feb 15

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

Jul 10

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

Feb 15

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

Feb 12

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

Feb 02

Earnings and Revenue Growth Forecasts

ASX:IAG - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2027	11,065	1,105	1,794	N/A	5
6/30/2026	10,636	1,060	1,720	N/A	5
6/30/2025	10,160	1,022	1,666	N/A	3
6/30/2024	9,700	898	N/A	N/A	N/A
3/31/2024	8,351	814	N/A	N/A	N/A
12/31/2023	9,698	750	968	968	N/A
9/30/2023	9,258	791	710	710	N/A
6/30/2023	8,817	832	452	452	N/A
3/31/2023	11,026	759	614	614	N/A
12/31/2022	10,538	664	776	776	N/A
9/30/2022	9,056	506	838	838	N/A
6/30/2022	7,574	347	899	899	N/A
3/31/2022	7,765	281	1,061	1,061	N/A
12/31/2021	7,956	214	1,222	1,222	N/A
9/30/2021	7,917	-100	1,416	1,416	N/A
6/30/2021	7,878	-414	1,610	1,610	N/A
3/31/2021	7,633	-359	1,304	1,304	N/A
12/31/2020	7,388	-304	998	998	N/A
9/30/2020	7,304	68	690	690	N/A
6/30/2020	7,219	439	381	381	N/A
12/31/2019	7,856	865	407	407	N/A
9/30/2019	7,831	868	498	498	N/A
6/30/2019	7,806	871	589	589	N/A
12/31/2018	7,366	681	289	289	N/A
9/30/2018	7,722	814	118	118	N/A
6/30/2018	8,078	947	-53	-53	N/A
12/31/2017	8,730	1,051	N/A	190	N/A
9/30/2017	8,711	995	N/A	413	N/A
6/30/2017	8,692	938	N/A	636	N/A
3/31/2017	8,567	767	N/A	121	N/A
12/31/2016	8,166	605	N/A	-395	N/A
9/30/2016	8,135	615	N/A	-1,170	N/A
6/30/2016	8,104	625	N/A	-1,946	N/A
3/31/2016	8,916	620	N/A	-1,310	N/A
12/31/2015	9,727	615	N/A	-674	N/A
9/30/2015	10,425	672	N/A	12	N/A
6/30/2015	11,122	728	N/A	698	N/A
3/31/2015	10,840	949	N/A	795	N/A
12/31/2014	10,557	1,170	N/A	892	N/A
9/30/2014	10,020	1,202	N/A	985	N/A
6/30/2014	9,483	1,233	N/A	1,077	N/A
12/31/2013	9,105	1,062	N/A	1,323	N/A
9/30/2013	9,032	1,063	N/A	1,557	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: IAG's forecast earnings growth (6.8% per year) is above the savings rate (2.4%).

Earnings vs Market: IAG's earnings (6.8% per year) are forecast to grow slower than the Australian market (13.3% per year).

High Growth Earnings: IAG's earnings are forecast to grow, but not significantly.

Revenue vs Market: IAG's revenue (4% per year) is forecast to grow slower than the Australian market (5.4% per year).

High Growth Revenue: IAG's revenue (4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: IAG's Return on Equity is forecast to be low in 3 years time (15.3%).

Insurance Australia Group Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Price target increased by 8.3% to AU$6.91

Insurance Australia Group Limited Updates Earnings Guidance for the Fiscal Year 2024

Consensus EPS estimates fall by 16%

Insurance Australia Group Limited Provides Earnings Guidance for Fiscal Year 2023

Consensus forecasts updated

Insurance Australia Group Limited Provides Earnings Guidance for the Year Ended June 30, 2022

Recent updates

Full year 2024 earnings: Revenues in line with analyst expectations

Insurance Australia Group Limited (ASX:IAG) announces an Equity Buyback for AUD 350 million worth of its shares.

Insurance Australia Group Limited's (ASX:IAG) Business Is Trailing The Market But Its Shares Aren't

Do Insurance Australia Group's (ASX:IAG) Earnings Warrant Your Attention?

Price target increased by 8.3% to AU$6.91

Insurance Australia Group Limited Updates Earnings Guidance for the Fiscal Year 2024

Some Confidence Is Lacking In Insurance Australia Group Limited's (ASX:IAG) P/E

IAG Appoints Robert Cutler as Group General Counsel

Insurance Australia Group (ASX:IAG) Ticks All The Boxes When It Comes To Earnings Growth

Insurance Australia Group's (ASX:IAG) Upcoming Dividend Will Be Larger Than Last Year's

First half dividend of AU$0.10 announced

First half 2024 earnings: EPS misses analyst expectations

Insurance Australia Group Limited (ASX:IAG) announces an Equity Buyback for AUD 200 million worth of its shares.

There's No Escaping Insurance Australia Group Limited's (ASX:IAG) Muted Earnings

Insurance Australia Group Limited Announces the Appointment of Andrew Collings as an Additional Company Secretary

Insurance Australia Group Limited Announces the Appointment of Andrew Collings as an Additional Company Secretary

Is Now The Time To Put Insurance Australia Group (ASX:IAG) On Your Watchlist?

Insurance Australia Group Limited, Annual General Meeting, Oct 24, 2024

Insurance Australia Group Limited to Report Fiscal Year 2024 Results on Aug 21, 2024

IAG Appoints William McDonnell as Chief Financial Officer, Effective 11 December 2023

We Think Shareholders May Consider Being More Generous With Insurance Australia Group Limited's (ASX:IAG) CEO Compensation Package

MD, CEO & Executive Director exercised options to buy AU$537k worth of stock.

We Ran A Stock Scan For Earnings Growth And Insurance Australia Group (ASX:IAG) Passed With Ease

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Insurance Australia Group Limited Announces Ordinary Dividend for the Six Months Ended June 30, 2023, Payable on September 28, 2023

High number of new directors

Now 20% undervalued

Insurance Australia Group Limited Announces Resignation of Tim Plant as Chief Insurance & Strategy Officer

Insurance Australia Group's (ASX:IAG) Dividend Will Be A$0.06

Now 21% undervalued

First half 2023 earnings: EPS misses analyst expectations

Insurance Australia Group Limited Announces Ordinary Dividend for the Six Months Ended 31 December 2022, Payable on 23 March 2023

Consensus EPS estimates fall by 16%

Insurance Australia Group Limited Provides Earnings Guidance for Fiscal Year 2023

Insurance Australia Group Limited, Annual General Meeting, Oct 11, 2023

Insurance Australia Group Limited Estimates Ordinary Dividend on IAGPD - CAP NOTE 3-BBSW+4.70% PERP NON-CUM RED T-06-23 Securities for Period of Quarter Ending December 21, 2022

High number of new directors

Consensus forecasts updated

Insurance Australia Group Limited (ASX:IAG) announces an Equity Buyback for $350 million worth of its shares.

Insurance Australia Group Limited Declares Ordinary Dividend on IAGPD - CAP NOTE 3-BBSW+4.70% PERP NON-CUM RED T-06-23 Securities for the Quarter Ending December 14, 2022, Payable on December 15, 2022

AUB Group Limited (ASX:AUB) acquired Strata Unit Underwriting Agency Pty Ltd from Insurance Australia Group Limited (ASX:IAG).

Independent Non Executive Director recently bought AU$136k worth of stock

Sheila Mcgregor to Leave Board of Insurance Australia Group Limited At AGM on 21 October 2022

Independent Non-Executive Director exercised options to buy AU$88k worth of stock.

Full year 2022 earnings: EPS misses analyst expectations

Liberty Insurance Berhad completed the acquisition of AmGeneral Insurance Berhad from AmBank Group and Insurance Australia Group Limited.

Insurance Australia Group Limited Provides Earnings Guidance for the Year Ended June 30, 2022

Consensus forecasts updated

High number of new directors

Insurance Australia Group Limited Appoints Adam Balarin as New Executive General Manager for Insurance Supply Chain

Insurance Australia Group Limited Provides Update on Second BI Test Case Appeal Judgment

Independent Non-Executive Director recently bought AU$60k worth of stock

First half 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Insurance Australia Group Limited Declares Unfranked Ordinary Dividend for the Period of Six Months Ended December 31, 2021, Payable on March 24, 2022

Independent Non-Executive Chairman recently bought AU$120k worth of stock

High number of new directors

High number of new directors

Independent Non-Executive Director recently bought AU$208k worth of stock

MD, CEO & Executive Director exercised options to buy AU$165k worth of stock.

Full year 2021 earnings released

Insurance Australia Group Limited Provides Earnings Guidance for the Fiscal Year 2022

Liberty Insurance Berhad agreed to acquire AmGeneral Insurance Berhad from AmBank Group and Insurance Australia Group Limited (ASX:IAG for MYR 2.3 billion.

Company Secretary Sejil Mistry-Moodley has left the company

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

Race for CBA Insurance Unit Reportedly Nears Finish Line

Insurance Australia Group Limited Announces Dividend on IAGPD - CAP NOTE 3-BBSW+4.70% PERP NON-CUM RED T-06-23 for the Quarter Ending June 14, 2021, Payable on June 15, 2021

Insurance Australia Group Limited Announces Executive Changes

New 90-day low: AU$4.62

Independent Non Executive Director recently bought AU$101k worth of stock