Al Rajhi Company for Cooperative Insurance Future Growth

Future criteria checks 4/6

Al Rajhi Company for Cooperative Insurance is forecast to grow earnings at 29.3% per annum. EPS is expected to grow by 30.9% per annum.

Key information

29.3%

Earnings growth rate

30.9%

EPS growth rate

Insurance earnings growth	2.3%
Revenue growth rate	n/a
Future return on equity	22.9%
Analyst coverage	Low
Last updated	08 Sep 2024

Recent future growth updates

Recent updates

We Ran A Stock Scan For Earnings Growth And Al Rajhi Company for Cooperative Insurance (TADAWUL:8230) Passed With Ease

Nov 04

Why We're Not Concerned About Al Rajhi Company for Cooperative Insurance's (TADAWUL:8230) Share Price

Oct 07

Is Now The Time To Put Al Rajhi Company for Cooperative Insurance (TADAWUL:8230) On Your Watchlist?

Jul 23

Al Rajhi Company for Cooperative Insurance's (TADAWUL:8230) Shares Climb 25% But Its Business Is Yet to Catch Up

Jun 26

Subdued Growth No Barrier To Al Rajhi Company for Cooperative Insurance (TADAWUL:8230) With Shares Advancing 28%

May 03

With EPS Growth And More, Al Rajhi Company for Cooperative Insurance (TADAWUL:8230) Makes An Interesting Case

Apr 08

Al Rajhi Company for Cooperative Insurance's (TADAWUL:8230) P/S Is Still On The Mark Following 34% Share Price Bounce

Mar 01

Al Rajhi Company for Cooperative Insurance (TADAWUL:8230) Not Flying Under The Radar

Dec 22

Does Al Rajhi Company for Cooperative Insurance (TADAWUL:8230) Deserve A Spot On Your Watchlist?

Sep 30

With EPS Growth And More, Al Rajhi Company for Cooperative Insurance (TADAWUL:8230) Is Interesting

Jun 11

Investors Who Bought Al Rajhi Company for Cooperative Insurance (TADAWUL:8230) Shares Five Years Ago Are Now Up 389%

Jan 25

Is Al Rajhi Company for Cooperative Insurance's (TADAWUL:8230) Recent Performance Tethered To Its Attractive Financial Prospects?

Dec 17

Earnings and Revenue Growth Forecasts

SASE:8230 - Analysts future estimates and past financials data (SAR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
9/30/2024	4,713	392	4,251	4,369	N/A
6/30/2024	4,281	392	3,089	3,197	N/A
3/31/2024	4,030	378	2,603	2,683	N/A
12/31/2023	3,679	328	1,777	1,837	N/A
9/30/2023	3,351	231	1,374	1,420	N/A
6/30/2023	3,179	202	969	1,006	N/A
3/31/2023	2,603	130	968	1,000	N/A
12/31/2022	2,580	72	442	471	N/A
9/30/2022	2,333	29	190	209	N/A
6/30/2022	2,237	6	-81	-66	N/A
3/31/2022	2,490	41	-250	-228	N/A
12/31/2021	2,387	98	145	178	N/A
9/30/2021	2,369	180	14	72	N/A
6/30/2021	2,414	208	259	317	N/A
3/31/2021	2,412	258	390	443	N/A
12/31/2020	2,438	227	337	394	N/A
9/30/2020	2,494	164	414	450	N/A
6/30/2020	2,527	161	156	191	N/A
3/31/2020	2,643	117	-107	-76	N/A
12/31/2019	2,745	86	123	138	N/A
9/30/2019	2,800	107	87	95	N/A
6/30/2019	2,890	124	225	233	N/A
3/31/2019	2,927	128	332	341	N/A
12/31/2018	2,948	166	151	159	N/A
9/30/2018	3,027	206	274	280	N/A
6/30/2018	3,008	194	N/A	532	N/A
3/31/2018	2,956	186	N/A	198	N/A
12/31/2017	2,861	183	N/A	890	N/A
9/30/2017	2,557	170	N/A	821	N/A
6/30/2017	2,234	141	N/A	677	N/A
3/31/2017	1,912	124	N/A	1,105	N/A
12/31/2016	1,598	99	N/A	568	N/A
9/30/2016	1,406	67	N/A	518	N/A
6/30/2016	1,255	51	N/A	379	N/A
3/31/2016	1,142	41	N/A	392	N/A
12/31/2015	1,034	38	N/A	241	N/A
9/30/2015	945	31	N/A	319	N/A
6/30/2015	884	20	N/A	234	N/A
3/31/2015	771	17	N/A	284	N/A
12/31/2014	728	16	N/A	168	N/A
9/30/2014	674	8	N/A	111	N/A
6/30/2014	615	12	N/A	172	N/A
3/31/2014	595	-12	N/A	58	N/A
12/31/2013	536	-22	N/A	94	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 8230's forecast earnings growth (29.3% per year) is above the savings rate (14.7%).

Earnings vs Market: 8230's earnings (29.3% per year) are forecast to grow faster than the SA market (6.5% per year).

High Growth Earnings: 8230's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if 8230's revenue is forecast to grow faster than the SA market.

High Growth Revenue: Insufficient data to determine if 8230's revenue is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 8230's Return on Equity is forecast to be high in 3 years time (22.9%)

Al Rajhi Company for Cooperative Insurance Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target increased by 362% to ر.س181

Price target decreased to ر.س65.00

Price target increased to ر.س70.00

Price target raised to ر.س70.95

Recent updates

Third quarter 2024 earnings released: EPS: ر.س0.82 (vs ر.س0.82 in 3Q 2023)

We Ran A Stock Scan For Earnings Growth And Al Rajhi Company for Cooperative Insurance (TADAWUL:8230) Passed With Ease

Why We're Not Concerned About Al Rajhi Company for Cooperative Insurance's (TADAWUL:8230) Share Price

Second quarter 2024 earnings released: EPS: ر.س0.90 (vs ر.س0.76 in 2Q 2023)

Investor sentiment deteriorates as stock falls 17%

Price target increased by 362% to ر.س181

Is Now The Time To Put Al Rajhi Company for Cooperative Insurance (TADAWUL:8230) On Your Watchlist?

Investor sentiment improves as stock rises 19%

Al Rajhi Company for Cooperative Insurance's (TADAWUL:8230) Shares Climb 25% But Its Business Is Yet to Catch Up

Al Rajhi Company for Cooperative Insurance, Annual General Meeting, Jun 26, 2024

Investor sentiment improves as stock rises 19%

Subdued Growth No Barrier To Al Rajhi Company for Cooperative Insurance (TADAWUL:8230) With Shares Advancing 28%

Investor sentiment improves as stock rises 22%

New major risk - Share price stability

With EPS Growth And More, Al Rajhi Company for Cooperative Insurance (TADAWUL:8230) Makes An Interesting Case

Full year 2023 earnings released: EPS: ر.س3.28 (vs ر.س0.72 in FY 2022)

Investor sentiment improves as stock rises 23%

Al Rajhi Company for Cooperative Insurance's (TADAWUL:8230) P/S Is Still On The Mark Following 34% Share Price Bounce

Al Rajhi Company for Cooperative Insurance (TADAWUL:8230) Not Flying Under The Radar

Investor sentiment deteriorates as stock falls 57%

Third quarter 2023 earnings released: EPS: ر.س2.05 (vs ر.س0.56 in 3Q 2022)

Second quarter 2023 earnings released: EPS: ر.س1.90 (vs ر.س0.51 in 2Q 2022)

New minor risk - Share price stability

First quarter 2023 earnings released: EPS: ر.س1.53 (vs ر.س0.94 in 1Q 2022)

Full year 2022 earnings released: EPS: ر.س2.24 (vs ر.س2.46 in FY 2021)

Price target decreased to ر.س65.00

Less than half of directors are independent

Investor sentiment improved over the past week

Al Rajhi Banking and Investment Corporation (SASE:1120) completed the acquisition of additional 12.5% stake in Al Rajhi Company for Cooperative Insurance (SASE:8230).

Second quarter 2022 earnings released: EPS: ر.س0.51 (vs ر.س0.96 in 2Q 2021)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Price target increased to ر.س70.00

Less than half of directors are independent

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Al Rajhi Company for Cooperative Insurance Announces the Renewal of Its Yearly Qualification by The council of Cooperative Health Insurance

Third quarter 2021 earnings released: EPS ر.س1.07 (vs ر.س1.45 in 3Q 2020)

Does Al Rajhi Company for Cooperative Insurance (TADAWUL:8230) Deserve A Spot On Your Watchlist?

Second quarter 2021 earnings released: EPS ر.س0.96 (vs ر.س2.22 in 2Q 2020)

Investor sentiment improved over the past week

With EPS Growth And More, Al Rajhi Company for Cooperative Insurance (TADAWUL:8230) Is Interesting

First quarter 2021 earnings released: EPS ر.س1.54 (vs ر.س0.76 in 1Q 2020)

Full year 2020 earnings released: EPS ر.س6.30 (vs ر.س2.16 in FY 2019)

Investors Who Bought Al Rajhi Company for Cooperative Insurance (TADAWUL:8230) Shares Five Years Ago Are Now Up 389%

New 90-day high: ر.س88.50

Al-Rajhi Company for Cooperative Insurance Announces Contract Sign Off with Abdul Latif Jameel United Finance Company Limited (ALJUF)and United Installment Sales Company Limited (UIS)

Is Al Rajhi Company for Cooperative Insurance's (TADAWUL:8230) Recent Performance Tethered To Its Attractive Financial Prospects?

Revenue beats expectations, earnings disappoint

Third quarter 2020 earnings released: EPS ر.س1.45

Price target raised to ر.س70.95

New 90-day high: ر.س82.00

New 90-day high - ر.س77.20

First half earnings released

New 90-day high - ر.س74.70

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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