International General Insurance Holdings Ltd. (IGIC)
NASDAQ: IGIC · IEX Real-Time Price · USD
14.47
+0.29 (2.05%)
At close: Jul 2, 2024, 4:00 PM
14.48
+0.01 (0.07%)
After-hours: Jul 2, 2024, 4:39 PM EDT

IGIC Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for IGIC stock have an average target of 15, which predicts an increase of 3.66% from the current stock price of 14.47.

Analyst Consensus: Buy
Target Low Average Median High
Price $15 $15 $15 $15
Change +3.66% +3.66% +3.66% +3.66%
* Price targets were last updated on Mar 14, 2024.

Analyst Ratings

The average analyst rating for IGIC stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jan '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 000000
Buy 112222
Hold 000000
Sell 000000
Strong Sell 000000
Total 112222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
RBC Capital
RBC Capital
Buy
Reiterates
$15
Buy Reiterates $15 +3.66% Mar 14, 2024
RBC Capital
RBC Capital
Buy
Maintains
$14$15
Buy Maintains $14$15 +3.66% Mar 1, 2024
RBC Capital
RBC Capital
Buy
Maintains
$11$12
Buy Maintains $11$12 -17.07% Aug 17, 2023
RBC Capital
RBC Capital
Buy
Maintains
$10$11
Buy Maintains $10$11 -23.98% Mar 6, 2023
RBC Capital
RBC Capital
Buy
Maintains
n/a
Buy Maintains n/a n/a May 24, 2021
More Analyst Ratings

Financial Forecast

Revenue This Year
765.41M
from 471.96M
Increased by 62.18%
Revenue Next Year
822.53M
from 765.41M
Increased by 7.46%
EPS This Year
2.93
from 2.55
Increased by 15.00%
EPS Next Year
3.06
from 2.93
Increased by 4.35%
Year 2019202020212022202320242025
Revenue
215.54M283.52M350.38M397.82M471.96M765.41M822.53M
Revenue Growth
-37.56%31.54%23.58%13.54%18.64%62.18%7.46%
EPS
0.690.590.981.842.552.933.06
EPS Growth
-22.47%-14.49%66.10%87.76%38.59%15.00%4.35%
Forward PE
-----4.934.73
No. Analysts -----44
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 787.9M 846.7M
Avg 765.4M 822.5M
Low 735.4M 790.3M

Revenue Growth

Revenue Growth 20242025
High
66.9%
10.6%
Avg
62.2%
7.5%
Low
55.8%
3.2%

EPS Forecast

EPS 20242025
High 3.10 3.15
Avg 2.93 3.06
Low 2.74 2.94

EPS Growth

EPS Growth 20242025
High
21.5%
7.4%
Avg
15.0%
4.3%
Low
7.6%
0.3%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.