International General Insurance Holdings Ltd. (IGIC)
NASDAQ: IGIC · IEX Real-Time Price · USD
13.71
+0.17 (1.26%)
At close: Apr 25, 2024, 4:00 PM
14.09
+0.38 (2.77%)
After-hours: Apr 25, 2024, 6:11 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 9.41% from the current stock price of 13.71.
Analyst Consensus: Buy
* 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Reiterates $15 | Buy | Reiterates | $15 | +9.41% | Mar 14, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $14 → $15 | Buy | Maintains | $14 → $15 | +9.41% | Mar 1, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $11 → $12 | Buy | Maintains | $11 → $12 | -12.47% | Aug 17, 2023 |
| RBC Capital | RBC Capital | Buy Maintains $10 → $11 | Buy | Maintains | $10 → $11 | -19.77% | Mar 6, 2023 |
| RBC Capital | RBC Capital | Buy Maintains n/a | Buy | Maintains | n/a | n/a | May 24, 2021 |
Financial Forecast
Revenue This Year
756.23M
from 471.96M
Increased by 60.23%
Revenue Next Year
802.43M
from 756.23M
Increased by 6.11%
EPS This Year
2.73
from 2.55
Increased by 7.00%
EPS Next Year
2.91
from 2.73
Increased by 6.54%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 778.5M | 826.0M |
| Avg | 756.2M | 802.4M |
| Low | 726.6M | 771.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 64.9% | 9.2% |
| Avg | 60.2% | 6.1% |
| Low | 53.9% | 1.9% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 2.89 | 3.05 |
| Avg | 2.73 | 2.91 |
| Low | 2.55 | 2.74 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 13.2% | 11.6% |
| Avg | 7.0% | 6.5% |
| Low | -0.1% | 0.6% |
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.