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Insurance Australia Group ASX:IAG Stock Report

Last Price

AU$7.45

Market Cap

AU$17.4b

7D

0.5%

1Y

31.2%

Updated

23 Aug, 2024

Data

Company Financials +

Insurance Australia Group Limited

ASX:IAG Stock Report

Market Cap: AU$17.4b

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
Valuation4/6
Future Growth1/6
Past Performance2/6
Financial Health5/6
Dividends3/6

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$7.45
52 Week HighAU$7.49
52 Week LowAU$5.40
Beta0.17
11 Month Change5.23%
3 Month Change15.86%
1 Year Change31.16%
33 Year Change38.48%
5 Year Change-7.57%
Change since IPO141.57%

Recent News & Updates

Insurance Australia Group Limited Just Missed Earnings - But Analysts Have Updated Their Models

Aug 23
Insurance Australia Group Limited Just Missed Earnings - But Analysts Have Updated Their Models

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

Aug 03
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?

Jul 12
Do Insurance Australia Group's (ASX:IAG) Earnings Warrant Your Attention?

Recent updates

Insurance Australia Group Limited Just Missed Earnings - But Analysts Have Updated Their Models

Aug 23
Insurance Australia Group Limited Just Missed Earnings - But Analysts Have Updated Their Models

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

Aug 03
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?

Jul 12
Do Insurance Australia Group's (ASX:IAG) Earnings Warrant Your Attention?

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

Apr 10
Some Confidence Is Lacking In Insurance Australia Group Limited's (ASX:IAG) P/E

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

Mar 14
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

Feb 20
Insurance Australia Group's (ASX:IAG) Upcoming Dividend Will Be Larger Than Last Year's

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

Dec 23
There's No Escaping Insurance Australia Group Limited's (ASX:IAG) Muted Earnings

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

Nov 26
Is Now The Time To Put Insurance Australia Group (ASX:IAG) On Your Watchlist?

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

Oct 04
We Think Shareholders May Consider Being More Generous With Insurance Australia Group Limited's (ASX:IAG) CEO Compensation Package

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

Aug 23
We Ran A Stock Scan For Earnings Growth And Insurance Australia Group (ASX:IAG) Passed With Ease

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

Feb 15
Insurance Australia Group's (ASX:IAG) Dividend Will Be A$0.06

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?

Shareholder Returns

IAGAU InsuranceAU Market
7D0.5%-0.3%2.2%
1Y31.2%16.2%11.1%

Return vs Industry: IAG exceeded the Australian Insurance industry which returned 16.2% over the past year.

Return vs Market: IAG exceeded the Australian Market which returned 11.1% over the past year.

Price Volatility

Is IAG's price volatile compared to industry and market?
IAG volatility
IAG Average Weekly Movement3.3%
Insurance Industry Average Movement3.3%
Market Average Movement8.2%
10% most volatile stocks in AU Market17.0%
10% least volatile stocks in AU Market3.4%

Stable Share Price: IAG has not had significant price volatility in the past 3 months.

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

About the Company

FoundedEmployeesCEOWebsite
1920n/aNick Hawkinswww.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, personal liability, business, and rural and horticultural, as well as reinsurance. The company sells its products through branches and agencies, call centers, online, brokers, agents, authorized representatives and partners, 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$17.41b
Earnings (TTM)AU$898.00m
Revenue (TTM)AU$9.70b

19.6x

P/E Ratio

1.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IAG income statement (TTM)
RevenueAU$9.70b
Cost of RevenueAU$6.96b
Gross ProfitAU$2.74b
Other ExpensesAU$1.85b
EarningsAU$898.00m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.38
Gross Margin28.29%
Net Profit Margin9.26%
Debt/Equity Ratio36.1%

How did IAG perform over the long term?

See historical performance and comparison

Dividends

4.6%

Current Dividend Yield

62%

Payout Ratio

Does IAG pay a reliable dividends?

See IAG dividend history and benchmarks
When do you need to buy IAG by to receive an upcoming dividend?
Insurance Australia Group dividend dates
Ex Dividend DateAug 29 2024
Dividend Pay DateSep 26 2024
Days until Ex dividend6 days
Days until Dividend pay date34 days

Does IAG pay a reliable dividends?

See IAG dividend history and benchmarks