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International General Insurance Holdings NasdaqCM:IGIC Stock Report

Last Price

US$24.01

Market Cap

US$1.0b

7D

-1.3%

1Y

93.2%

Updated

19 Dec, 2024

Data

Company Financials +

International General Insurance Holdings Ltd.

NasdaqCM:IGIC Stock Report

Market Cap: US$1.0b

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US$28.00
FV
14.2% undervalued intrinsic discount
5.29%
Revenue growth p.a.
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1 day ago author updated this narrative

International General Insurance Holdings Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for International General Insurance Holdings
Historical stock prices
Current Share PriceUS$24.01
52 Week HighUS$27.00
52 Week LowUS$11.51
Beta0.25
1 Month Change-4.15%
3 Month Change25.58%
1 Year Change93.16%
3 Year Change210.21%
5 Year Change128.67%
Change since IPO150.89%

Recent News & Updates

Recent updates

International General Insurance Holdings (NASDAQ:IGIC) Has Announced That Its Dividend Will Be Reduced To $0.01

Aug 23
International General Insurance Holdings (NASDAQ:IGIC) Has Announced That Its Dividend Will Be Reduced To $0.01

International General Insurance GAAP EPS of $0.44 beats by $0.14, Gross written premiums of $176.4M

Aug 18

International General Insurance Holdings (NASDAQ:IGIC) Is Paying Out A Larger Dividend Than Last Year

Mar 28
International General Insurance Holdings (NASDAQ:IGIC) Is Paying Out A Larger Dividend Than Last Year

International General Insurance Holdings Ltd. Just Recorded A 46% EPS Beat: Here's What Analysts Are Forecasting Next

Mar 06
International General Insurance Holdings Ltd. Just Recorded A 46% EPS Beat: Here's What Analysts Are Forecasting Next

International General Insurance Holdings (NASDAQ:IGIC) Is Increasing Its Dividend To US$0.16

Aug 16
International General Insurance Holdings (NASDAQ:IGIC) Is Increasing Its Dividend To US$0.16

Here's Why I Think International General Insurance Holdings (NASDAQ:IGIC) Might Deserve Your Attention Today

Jun 10
Here's Why I Think International General Insurance Holdings (NASDAQ:IGIC) Might Deserve Your Attention Today

Is International General Insurance Holdings Ltd.'s (NASDAQ:IGIC) Recent Price Movement Underpinned By Its Weak Fundamentals?

Mar 07
Is International General Insurance Holdings Ltd.'s (NASDAQ:IGIC) Recent Price Movement Underpinned By Its Weak Fundamentals?

Need To Know: International General Insurance Holdings Ltd. (NASDAQ:IGIC) Insiders Have Been Buying Shares

Feb 14
Need To Know: International General Insurance Holdings Ltd. (NASDAQ:IGIC) Insiders Have Been Buying Shares

What Is The Ownership Structure Like For International General Insurance Holdings Ltd. (NASDAQ:IGIC)?

Jan 18
What Is The Ownership Structure Like For International General Insurance Holdings Ltd. (NASDAQ:IGIC)?

Looking For Steady Income For Your Dividend Portfolio? Is International General Insurance Holdings Ltd. (NASDAQ:IGIC) A Good Fit?

Dec 27
Looking For Steady Income For Your Dividend Portfolio? Is International General Insurance Holdings Ltd. (NASDAQ:IGIC) A Good Fit?

Can Mixed Fundamentals Have A Negative Impact on International General Insurance Holdings Ltd. (NASDAQ:IGIC) Current Share Price Momentum?

Dec 06
Can Mixed Fundamentals Have A Negative Impact on International General Insurance Holdings Ltd. (NASDAQ:IGIC) Current Share Price Momentum?

International General Insurance Holdings Ltd. 2020 Q3 - Results - Earnings Call Presentation

Nov 13

Shareholder Returns

IGICUS InsuranceUS Market
7D-1.3%-3.4%-4.0%
1Y93.2%25.1%24.0%

Return vs Industry: IGIC exceeded the US Insurance industry which returned 25.1% over the past year.

Return vs Market: IGIC exceeded the US Market which returned 24% over the past year.

Price Volatility

Is IGIC's price volatile compared to industry and market?
IGIC volatility
IGIC Average Weekly Movement5.5%
Insurance Industry Average Movement4.2%
Market Average Movement6.4%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.2%

Stable Share Price: IGIC has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: IGIC's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2001401Waleed Jabshehwww.iginsure.com

International General Insurance Holdings Ltd. engages in the provision of specialty insurance and reinsurance solutions worldwide. The company operates through three segments: Specialty Long-tail, Specialty Short-tail, and Reinsurance.

International General Insurance Holdings Ltd. Fundamentals Summary

How do International General Insurance Holdings's earnings and revenue compare to its market cap?
IGIC fundamental statistics
Market capUS$1.04b
Earnings (TTM)US$134.20m
Revenue (TTM)US$506.16m

7.9x

P/E Ratio

2.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IGIC income statement (TTM)
RevenueUS$506.16m
Cost of RevenueUS$295.16m
Gross ProfitUS$211.00m
Other ExpensesUS$76.80m
EarningsUS$134.20m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)3.03
Gross Margin41.69%
Net Profit Margin26.51%
Debt/Equity Ratio0%

How did IGIC perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

0.325%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 23:00
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

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 .

Analyst Sources

International General Insurance Holdings Ltd. is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael PhillipsOppenheimer & Co. Inc.
Mark DwelleRBC Capital Markets
Scott HeleniakRBC Capital Markets