International General Insurance Holdings Ltd. (IGIC)

Market Cap	1.09B
Revenue (ttm)	506.16M
Net Income (ttm)	134.20M
Shares Out	44.34M
EPS (ttm)	3.04
PE Ratio	8.06
Forward PE	8.64
Dividend	$0.10 (0.41%)
Ex-Dividend Date	Aug 30, 2024

Volume	207,644
Open	24.55
Previous Close	25.05
Day's Range	23.55 - 24.92
52-Week Range	11.46 - 25.50
Beta	0.20
Analysts	Buy
Price Target	20.50 (-16.46%)
Earnings Date	Nov 5, 2024

About IGIC

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. It is involved in underwriting a portfolio of specialty risks, including energy, property, construction and engineering, ports and terminals, general aviation, political violence, professional lines, financial institutions, motor, marine liability, contingency, marine, treaty, and casualty insurance and reinsuran...

• Industry: Insurance - Diversified
• Sector: Financials
• Founded: 2001
• Employees: 401
• Stock Exchange: NASDAQ
• Ticker Symbol: IGIC
• Website: https://www.iginsure.com

Financial Performance

In 2023, IGIC's revenue was $471.96 million, an increase of 18.64% compared to the previous year's $397.82 million. Earnings were $110.70 million, an increase of 31.50%.

Analyst Forecast

According to 2 analysts, the average rating for IGIC stock is "Buy." The 12-month stock price forecast is $20.5, which is a decrease of -16.46% from the latest price.

Price Target

$20.5

(-16.46% downside)

Analyst Consensus: Buy