Independence Holding Company (IHC)

Feb 16, 2021 - IHC was delisted (reason: merged with Geneve Acquisition)
57.01
0.00 (0.00%)
Feb 15, 2022 12:00 AM EST - Market closed
0.00%
Market Cap 836.62M
Revenue (ttm) 299.84M
Net Income (ttm) 104.95M
Shares Out 14.67M
EPS (ttm) 7.14
PE Ratio 7.99
Forward PE n/a
Dividend $0.50 (0.88%)
Ex-Dividend Date Feb 14, 2022
Volume 21,845
Open 56.98
Previous Close 57.01
Day's Range 56.98 - 57.06
52-Week Range 38.45 - 57.43
Beta 0.78
Analysts n/a
Price Target n/a
Earnings Date Mar 14, 2022

About IHC

Independence Holding Company, through its subsidiaries, engages in health, pet, and life insurance businesses. The company's dental portfolio includes indemnity and PPO plans for employer groups of two or more lives, and for individuals; vision plans that offer a flat reimbursement amount for exams and materials; and short-term medical products for people with temporary needs for health coverage. It also provides supplemental products, including hospital indemnity, fixed indemnity limited benefit, critical illness, accident medical coverage, an... [Read more...]

Industry Insurance
Founded 1980
Employees 550
Stock Exchange NYSE
Ticker Symbol IHC
Full Company Profile

Financial Performance

In 2020, IHC's revenue was $443.86 million, an increase of 18.54% compared to the previous year's $374.45 million. Earnings were $18.88 million, an increase of 52.32%.

Financial Statements

News

Independence Holding Company Announces Completion of Merger

STAMFORD, Conn., Feb. 15, 2022 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) (the “Company”) today announced the completion of the merger (the “Merger”) of the Company with Geneve Acquisi...

Independence Holding Company Declares Dividends in Connection With Potential Going-Private Transaction

STAMFORD, Conn., Feb. 04, 2022 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) (the “Company” or “IHC”) today announced that its Board of Directors has declared a prorated dividend on the C...

INDEPENDENCE HOLDING INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates ...

NEW ORLEANS, Jan. 7, 2022 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

CORRECTING and REPLACING Reliance Standard Acquires Standard Security Life Insurance of New York

PHILADELPHIA--(BUSINESS WIRE)--Reliance Standard Life Insurance Company, a member of the Tokio Marine Group, has acquired Standard Security Life Insurance Company of New York.

IHC Announces Completion of the Sale of Standard Security Life Insurance Company of New York

STAMFORD, Conn., Jan. 03, 2022 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today announced the completion of the sale of its subsidiary Standard Security Life Insurance Company of New Y...

Reliance Standard Acquires Standard Security Life Insurance of New York

PHILADELPHIA--(BUSINESS WIRE)--Reliance Standard Life Insurance Company, a member of the Tokio Marine Group, has acquired Standard Security Life Insurance Company of New York.

IHC Announces Completion of the Sale of Madison National Life Insurance Company, Inc.

STAMFORD, Conn., Jan. 03, 2022 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today announced the completion of the sale of its subsidiary Madison National Life Insurance Company, Inc. (“M...

IHC Announces Completion of the Sale of a Controlling Interest in Its Pet Division and the Stock of Independence Amer...

STAMFORD, Conn., Dec. 20, 2021 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today announced the completion of the sale of a controlling interest in its pet division and in the stock of I...

SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Independence Holding Co. (IHC) and Encourages IHC Share...

Philadelphia, Pennsylvania--(Newsfile Corp. - December 5, 2021) - Kaskela Law LLC announces that it is investigating Independence Holding Company (NYSE: IHC) ("IHC") on behalf of the company's sharehold...

Independence Holding Company Announces Semi-Annual Cash Dividend

STAMFORD, Conn., Dec. 02, 2021 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today reported the declaration of its semi-annual cash dividend of $.22 per share of common stock, payable to ...

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Independence Holding Co. - IHC

NEW YORK, Nov. 17, 2021 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action...

SHAREHOLDER ALERT: WeissLaw LLP Reminds IHC, NE, ABTX, and MDP Shareholders About Its Ongoing Investigations

NEW YORK, Nov. 17, 2021 /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or...

Other symbols: ABTXNE

SHAREHOLDER ALERT: WeissLaw LLP Investigates Independence Holding Company

NEW YORK, Nov. 10, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Independence Holding Company ("Independ...

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into the Fairness of the Merger of In...

New York, New York--(Newsfile Corp. - November 10, 2021) - The following statement is being issued by Levi & Korsinsky, LLP:To: All Persons or Entities who purchased Independence Holding Company (NYSE: ...

Shareholder Alert: Ademi LLP investigates whether Independence Holding Company has obtained a Fair Price in its going...

MILWAUKEE, Nov. 9, 2021 /PRNewswire/ -- Ademi LLP is investigating Independence (NYSE: IHC), for possible breaches of fiduciary duty and other violations of law in its going private transaction with Gen...

IHC Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Independence Holding Comp...

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Independence Holding Company (NYSE: IHC) to Geneve Holdings, Inc. for $57.00 per shar...

Independence Holding Company Announces 2021 Third-Quarter and Nine-Month Results

STAMFORD, Conn., Nov. 09, 2021 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today reported 2021 third-quarter and nine-month results.

Independence Holding Company Announces Definitive Acquisition Agreement

STAMFORD, Conn., Nov. 09, 2021 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) (the “Company”) today announced that it has entered into a definitive Agreement and Plan of Merger (the “Merge...

AM Best Comments on Credit Ratings of Standard Security Life Insurance Company of New York

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has commented that the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Standard Security Li...

Independence Holding Company Receives Preliminary Non-Binding Going-Private Offer

STAMFORD, Conn., Aug. 30, 2021 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE:IHC) today announced that its Board of Directors received a preliminary, non-binding offer from Geneve Holdings, Inc...

Independence Holding Company Announces 2021 Second-Quarter and Six-Month Results

STAMFORD, Conn., Aug. 09, 2021 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today reported 2021 second-quarter and six-month results.

Horace Mann to Acquire Madison National Life from IHC in $172.5 Million Transaction

SPRINGFIELD, Ill.--(BUSINESS WIRE)--Aligns with focus on education markets

Other symbols: HMN

IHC Announces the Completion of the Sale of Its Controlling Interest in PetPartners, Inc.

STAMFORD, Conn., June 30, 2021 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today announced that it has completed the sale of its 85% interest in PetPartners, Inc. (“PPI”) to Iguana Capi...

AM Best Places Credit Ratings of Independence Holding Company and Its Subsidiaries Under Review With Developing Impli...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has placed under review with developing implications the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR)...

IHC Announces Agreement to Sell a Controlling Interest in Pet Division and the Stock of Independence American Insuran...

STAMFORD, Conn., May 17, 2021 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today reported its agreement to sell a controlling interest in its pet division and in the stock of Independenc...