OUTsurance Group Limited

JSE:OUT Stock Report

Market Cap: R114.2b

OUTsurance Group Future Growth

Future criteria checks 3/6

OUTsurance Group is forecast to grow earnings and revenue by 12.9% and 8.7% per annum respectively. EPS is expected to grow by 13.8% per annum. Return on equity is forecast to be 42.7% in 3 years.

Key information

12.9%

Earnings growth rate

13.85%

EPS growth rate

Insurance earnings growth12.1%
Revenue growth rate8.7%
Future return on equity42.72%
Analyst coverage

Low

Last updated09 Apr 2026

Recent future growth updates

Recent updates

Narrative Update • Jun 08

OUT: Dividends Will Support A Stronger Future Earnings Profile

Analysts have made a small upward adjustment to the OUTsurance Group price target to ZAR86.26, reflecting refreshed assumptions around fair value and forward P/E, while keeping revenue growth and profit margin expectations broadly unchanged. What's in the News Group CFO Jan Hofmeyr has resigned after more than 18 years with OUTsurance Group to join a new fintech venture, with his notice period running to 2 October 2026, according to a company announcement.
Narrative Update • May 12

OUT: Dividends And CFO Transition Will Support A Stronger Future Earnings Profile

OUTsurance Group’s latest analyst price target has been adjusted slightly, reflecting modest tweaks to assumptions on discount rate, revenue growth, profit margin and future P/E that keep estimated fair value broadly steady at about ZAR85.56 per share, according to analysts. What's in the News Group CFO Jan Hofmeyr has resigned after more than 18 years with OUTsurance Group and will remain through 2 October 2026 to support an orderly handover and the completion of the 30 June 2026 financial year end process (company announcement).
Narrative Update • Apr 26

OUT: Special And Interim Dividends Will Support A Higher Future Earnings Profile

Analysts have kept their fair value and key assumptions for OUTsurance Group broadly unchanged, and the implied price target remains steady at about ZAR85.56 as updated models reflect only minor tweaks to revenue growth, profit margin and future P/E inputs. What's in the News A special dividend of ZAR0.303 per ordinary share was declared on 10 March 2026 for the six months ended 31 December 2025.
Narrative Update • Apr 11

OUT: Special Dividend Payouts Will Support A Higher Future Earnings Profile

Analysts have made a small adjustment to their OUTsurance Group price target to ZAR85.56, reflecting updated assumptions that combine slightly higher revenue growth expectations with a modestly lower profit margin and a marginally higher forward P/E multiple. What's in the News OUTsurance Group declared a special dividend of 30.3 cents per ordinary share out of income reserves for the six months ended 31 December 2025, with the dividend declared on 10 March 2026, shares trading ex dividend from 15 April 2026, a record date of 17 April 2026 and payment on 20 April 2026 (company announcement).
Narrative Update • Mar 27

OUT: Rising Profitability And Dividends Will Support A Higher Earnings Profile

Analysts have inched their 12 month price target for OUTsurance Group up from ZAR84.30 to ZAR85.65. They state that this reflects updated assumptions for profit margin, revenue growth and future P/E that they see as better balancing the group’s earnings potential with its risk profile.
Narrative Update • Mar 12

OUT: Earnings Guidance Will Support A Higher Profitability Profile

Analysts have trimmed their price target for OUTsurance Group from ZAR85.58 to ZAR84.30, reflecting updated assumptions that pair more moderate revenue growth expectations with a slightly higher profit margin outlook and a lower future P/E multiple. What's in the News OUTsurance Group issued earnings guidance for the six months ending December 31, 2025, giving investors an early view of expected profitability for that period (company guidance).
Analysis Article • Jan 22

Here's Why We Think OUTsurance Group (JSE:OUT) Is Well Worth Watching

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article • Dec 10

OUTsurance Group Limited's (JSE:OUT) Share Price Could Signal Some Risk

When close to half the companies in South Africa have price-to-earnings ratios (or "P/E's") below 9x, you may consider...
Analysis Article • Oct 08

Do OUTsurance Group's (JSE:OUT) Earnings Warrant Your Attention?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Narrative Update • Oct 03

Operational Adjustments Will Expand Market Opportunities In Australia And Ireland

Analysts have raised their price target for OUTsurance Group from R82.59 to R85.58. They cite improved revenue growth projections, even though a slightly lower expected profit margin is anticipated.
Narrative Update • Sep 18

Operational Adjustments Will Expand Market Opportunities In Australia And Ireland

Despite a notable downgrade in consensus revenue growth forecasts from 8.0% to 5.9% per annum, OUTsurance Group’s fair value estimate has been largely maintained, with the analyst price target seeing only a minor increase from ZAR81.22 to ZAR82.58. What's in the News OUTsurance Group expects EPS for the six months ended June 30, 2025, to be 297.4–313.3 cents; NEPS 299.8–313.6 cents; HEPS 290.3–304.1 cents.
Analysis Article • Sep 18

OUTsurance Group's (JSE:OUT) Shareholders Will Receive A Bigger Dividend Than Last Year

OUTsurance Group Limited ( JSE:OUT ) has announced that it will be increasing its dividend from last year's comparable...
Analysis Article • Aug 11

OUTsurance Group Limited's (JSE:OUT) Share Price Not Quite Adding Up

JSE:OUT 1 Year Share Price vs Fair Value Explore OUTsurance Group's Fair Values from the Community and select yours...
Analysis Article • Jun 18

Should You Be Adding OUTsurance Group (JSE:OUT) To Your Watchlist Today?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
User avatar
New Narrative • Apr 20

Operational Adjustments Will Expand Market Opportunities In Australia And Ireland

Operational efficiency improvements and strategic resource reallocation could enhance profitability by reducing costs and optimizing the business portfolio.

Earnings and Revenue Growth Forecasts

JSE:OUT - Analysts future estimates and past financials data (ZAR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
6/30/202851,5356,571N/AN/A1
6/30/202746,5446,172N/AN/A2
6/30/202641,4754,997N/AN/A2
12/31/202541,9834,9956,2506,565N/A
9/30/202540,6994,8516,0366,380N/A
6/30/202539,4154,7075,8226,195N/A
3/31/202537,8514,4585,3425,651N/A
12/31/202436,2864,2094,8615,106N/A
9/30/202435,2104,1353,9634,178N/A
6/30/202434,1334,0613,0643,249N/A
3/31/202432,7373,7403,2773,453N/A
12/31/202331,3403,4183,4903,656N/A
9/30/202329,7523,1992,7512,911N/A
6/30/202328,1642,9802,0112,166N/A
3/31/202326,1982,659N/AN/AN/A
12/31/202224,2312,338-1,052-945N/A
9/30/202222,8371,774-283-182N/A
6/30/202221,4421,209485580N/A
3/31/202220,9831,1391,9001,974N/A
12/31/202120,3761,0693,3143,367N/A
9/30/202119,6981,4103,4153,482N/A
6/30/202119,0191,7503,5163,597N/A
12/31/202017,6319183,1593,288N/A
9/30/202017,0591,2033,4853,599N/A
6/30/202016,4861,4883,8113,909N/A
3/31/202016,3752,626N/AN/AN/A
12/31/201916,2713,7643,8983,996N/A
9/30/201916,0753,901N/A3,760N/A
6/30/201915,8784,038N/A3,524N/A
3/31/201915,5193,863N/AN/AN/A
12/31/201815,1603,687N/A2,497N/A
9/30/201815,0763,792N/A2,611N/A
6/30/201814,9913,897N/A2,725N/A
3/31/201815,0603,857N/A3,425N/A
12/31/201715,1283,817N/A4,125N/A
9/30/201714,9863,597N/A3,706N/A
6/30/201714,8443,376N/A3,286N/A
3/31/201714,8523,215N/A3,007N/A
12/31/201614,8593,054N/A2,728N/A
9/30/201614,4693,012N/A3,306N/A
6/30/201614,0782,969N/A3,883N/A
12/31/201512,1632,925N/A5,280N/A
9/30/201511,9303,068N/A4,893N/A
6/30/201511,6973,211N/A4,505N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: OUT's forecast earnings growth (12.9% per year) is above the savings rate (9.8%).

Earnings vs Market: OUT's earnings (12.9% per year) are forecast to grow slower than the ZA market (15.3% per year).

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

Revenue vs Market: OUT's revenue (8.7% per year) is forecast to grow faster than the ZA market (6.6% per year).

High Growth Revenue: OUT's revenue (8.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: OUT's Return on Equity is forecast to be very high in 3 years time (42.7%).

Discover growth companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/13 22:50
End of Day Share Price 2026/06/12 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

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.

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 Github.

Analyst Sources

OUTsurance Group Limited is covered by 9 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Adrienne DamantAvior Capital Markets
Harry BothaBofA Global Research
Larissa van DeventerDeutsche Bank