International General Insurance Holdings Ltd's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 48/118 in the Insurance industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Strong Buy, with the highest price target at 32.00.In the medium term, the stock price is expected to remain stable.Despite a good stock market performance and strong technicals over the past month, the fundamentals don't support the current trend.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
International General Insurance Holdings Ltd's Score
Industry at a Glance
Industry Ranking
48 / 118
Overall Ranking
179 / 4562
Industry
Insurance
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
1
analysts
Strong Buy
Current Rating
32.000
Target Price
+33.28%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
International General Insurance Holdings Ltd Highlights
StrengthsRisks
International General Insurance Holdings Ltd is a Jordan-based commercial insurance and reinsurance company. It has a worldwide portfolio of energy, property, general aviation, construction and engineering, ports and terminals, marine cargo, marine trades, contingency, political violence, financial institutions, general third-party liability, legal expenses, reinsurance treaty business, among others. Its segments include Specialty Long-tail, Specialty Short-tail and Reinsurance. Its Specialty Long-tail segment includes casualty business, financial institutions line of business, marine liability line of business, and inherent defects insurance line of business. Its Specialty Short-tail segment includes energy, property, construction and engineering, political violence, ports and terminals, marine cargo, contingency and general aviation lines of business. Reinsurance segment includes inward reinsurance treaty business.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 34.83% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 537.62M.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 19.91%.
Overvalued
The company’s latest PE is 8.95, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 19.23M shares, decreasing 6.59% quarter-over-quarter.
International General Insurance Holdings Ltd is a Jordan-based commercial insurance and reinsurance company. It has a worldwide portfolio of energy, property, general aviation, construction and engineering, ports and terminals, marine cargo, marine trades, contingency, political violence, financial institutions, general third-party liability, legal expenses, reinsurance treaty business, among others. Its segments include Specialty Long-tail, Specialty Short-tail and Reinsurance. Its Specialty Long-tail segment includes casualty business, financial institutions line of business, marine liability line of business, and inherent defects insurance line of business. Its Specialty Short-tail segment includes energy, property, construction and engineering, political violence, ports and terminals, marine cargo, contingency and general aviation lines of business. Reinsurance segment includes inward reinsurance treaty business.
Ticker SymbolIGIC
CompanyInternational General Insurance Holdings Ltd
CEOLoucaides (Andreas)
Websitehttps://www.iginsure.com/
FAQs
What is the current price of International General Insurance Holdings Ltd (IGIC)?
The current price of International General Insurance Holdings Ltd (IGIC) is 25.430.
What is the symbol of International General Insurance Holdings Ltd?
The ticker symbol of International General Insurance Holdings Ltd is IGIC.
What is the 52-week high of International General Insurance Holdings Ltd?
The 52-week high of International General Insurance Holdings Ltd is 26.853.
What is the 52-week low of International General Insurance Holdings Ltd?
The 52-week low of International General Insurance Holdings Ltd is 20.820.
What is the market capitalization of International General Insurance Holdings Ltd?
The market capitalization of International General Insurance Holdings Ltd is 1.10B.
What is the net income of International General Insurance Holdings Ltd?
The net income of International General Insurance Holdings Ltd is 133.21M.
Is International General Insurance Holdings Ltd (IGIC) currently rated as Buy, Hold, or Sell?
According to analysts, International General Insurance Holdings Ltd (IGIC) has an overall rating of --, with a price target of 32.000.
What is the Earnings Per Share (EPS TTM) of International General Insurance Holdings Ltd (IGIC)?
The Earnings Per Share (EPS TTM) of International General Insurance Holdings Ltd (IGIC) is 2.841.