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Independence Holding Company (IHC)

NYSE: IHC · IEX Real-Time Price · USD
49.12 0.02 (0.04%)
Sep 23, 2021 4:00 PM EDT - Market closed
Market Cap720.65M
Revenue (ttm)406.55M
Net Income (ttm)96.27M
Shares Out14.64M
EPS (ttm)6.55
PE Ratio7.50
Forward PEn/a
Dividend$0.44 (0.90%)
Ex-Dividend DateJun 24, 2021
Volume13,261
Open49.10
Previous Close49.10
Day's Range49.02 - 49.60
52-Week Range34.92 - 50.96
Beta0.90
Analystsn/a
Price Target17.50 (-64.4%)
Est. Earnings DateNov 4, 2021

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...

IndustryInsurance
Founded1980
Employees550
Stock ExchangeNYSE
Ticker SymbolIHC
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 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...

3 weeks ago - GlobeNewsWire

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.

1 month ago - GlobeNewsWire

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
2 months ago - Business Wire

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...

2 months ago - GlobeNewsWire

Independence Holding Company Announces Semi-Annual Cash Dividend

STAMFORD, Conn., June 11, 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 ...

3 months ago - GlobeNewsWire

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)...

4 months ago - Business Wire

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...

4 months ago - GlobeNewsWire

Independence Holding Company Announces 2021 First-Quarter Results

STAMFORD, Conn., May 06, 2021 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today reported 2021 first-quarter results.

4 months ago - GlobeNewsWire

Insurance Stock Gainers And Losers In Tuesdays Premarket Session

Here are the insurance stocks that are moving in Tuesday's premarket session on the stock market . Gainers Lincoln National Corp (NYSE: LNC) stock fell by 0.35% to $64.78 during Monday's trading session.

5 months ago - Benzinga

CORRECTION - IHC Announces Agreement to Sell Standard Security Life Insurance Company of New York to Reliance Standard

STAMFORD, Conn., April 20, 2021 (GLOBE NEWSWIRE) -- In a release issued under the same headline on Thursday, April 15 by Independence Holding Company (NYSE: IHC), please be advised that the paragraph un...

5 months ago - GlobeNewsWire

AM Best Places Credit Ratings of Standard Security Life Insurance Company of New York Under Review With Positive Impl...

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

5 months ago - Business Wire

Reliance Standard Agrees to Acquire Top-Tier New York Statutory Insurer

PHILADELPHIA--(BUSINESS WIRE)--Reliance Standard Life Insurance Company has agreed to acquire Standard Security Life Insurance Company of New York, a leading DBL insurance carrier.

5 months ago - Business Wire

IHC Announces Agreement to Sell Standard Security Life Insurance Company of New York to Reliance Standard

STAMFORD, Conn., April 15, 2021 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today reported its agreement to sell Standard Security Life Insurance Company of New York to Reliance Standar...

5 months ago - GlobeNewsWire

IHC Announces 2020 Fourth-Quarter and Annual Results

STAMFORD, Conn., March 15, 2021 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today reported 2020 fourth-quarter and annual results.

6 months ago - GlobeNewsWire

Independence Holding Company Announces PetPartners, Inc. and the American Kennel Club Expand Relationship in Response...

STAMFORD, Conn., Feb. 11, 2021 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today announced that fueled by record growth in pet acquisition and registration, the American Kennel Club (AK...

7 months ago - GlobeNewsWire

Independence Holding Company Announces Affirmation of AM Best A- (Excellent) Rating

STAMFORD, Conn., Dec. 17, 2020 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today reported that AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) for the insuran...

9 months ago - GlobeNewsWire

AM Best Affirms Credit Ratings of Independence Holding Company and Its Subsidiaries

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” for the subsidiaries of Indepen...

9 months ago - Business Wire

Independence Holding Company Announces Semi-Annual Cash Dividend

STAMFORD, Conn., Dec. 11, 2020 (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 ...

9 months ago - GlobeNewsWire

Independence Holding Company Announces 2020 Third-Quarter and Nine-Month Results

STAMFORD, Conn., Nov. 05, 2020 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today reported 2020 third-quarter and nine-month results.   

10 months ago - GlobeNewsWire

Independence Holding Company Announces the Collection of an Arbitration Award

STAMFORD, Conn., Sept. 09, 2020 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today reported that it has now collected in excess of $5.6 million on the previously announced arbitration ...

1 year ago - GlobeNewsWire

Independence Holding Company Announces 2020 Second-Quarter and Six-Month Results

STAMFORD, Conn., Aug. 06, 2020 (GLOBE NEWSWIRE) -- Stamford, Connecticut, August 6, 2020. Independence Holding Company (NYSE: IHC) today reported 2020 second-quarter and six-month results.      

1 year ago - GlobeNewsWire

Independence Holding Company Announces Continuation of Providing Liquidity to Its Stockholders

STAMFORD, Conn., June 11, 2020 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) (“IHC” or the “Company”) has resumed purchasing its shares of common stock in open market transactions under...

1 year ago - GlobeNewsWire

Independence Holding Company Announces the Final Results of Its Tender Offer to Repurchase up to 1,000,000 Shares of ...

STAMFORD, Conn., May 27, 2020 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) (“IHC” or the “Company”) announced today the final results of its tender offer to purchase up to 1,000,000 sh...

1 year ago - GlobeNewsWire

Independence Holding Company Announces the Preliminary Results of Its Tender Offer to Repurchase up to 1,000,000 Shar...

STAMFORD, Conn., May 21, 2020 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) (“IHC” or the “Company”) announced today the preliminary results of its tender offer to purchase up to 1,000,...

1 year ago - GlobeNewsWire

Independence Holding Company Announces Launch of Medicare Supplement Underwritten by Independence American Insurance ...

STAMFORD, Conn., April 29, 2020 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) announced today that it has entered the Medicare Supplement Insurance Market (Medigap), with an initial lau...

1 year ago - GlobeNewsWire