International General Insurance (NASDAQ:IGIC – Get Rating ) will issue its quarterly earnings results after the market closes on Thursday, August 18th. Anyone interested in registering for the company’s earnings conference call can do so by using this link.
International General Insurance (NASDAQ:IGIC – Get Rating ) last posted its earnings results on Thursday, May 19th. The company reported earnings of $0.49 per share for the quarter. International General Insurance had a return on equity of 14.63% and a net margin of 12.92%. The company had revenue of $89.80 million during the quarter.
International general insurance trade with growth of 1.7%
Shares of IGIC stock opened at $7.57 on Thursday. International General Insurance has a 12 month low of $6.72 and a 12 month high of $9.57. The stock has a fifty day moving average of $7.57 and a 200 day moving average of $7.61. The firm has a market cap of $373.25 million, a PE ratio of 7.45 and a beta of 0.26.
International General Insurance Cuts Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 22nd. Shareholders of record on Monday, June 6th were given a dividend of $0.01 per share. The ex-dividend date was Friday, June 3rd. This represents a $0.04 annual dividend and a dividend yield of 0.53%. International General Insurance’s dividend payout ratio is currently 4.00%.
Institutional trading of international non-life insurance
A hedge fund recently bought a new stake in shares of International General Insurance. Envestnet Asset Management Inc. acquired a new stake in shares of International General Insurance Holdings Ltd. (NASDAQ:IGIC – Get Rating ) during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 12,817 shares of the company’s stock, valued at approximately $100,000. Institutional investors and hedge funds own 60.22% of the company’s stock.
About international non-life insurance
International General Insurance Holdings Ltd. provides specialty insurance and reinsurance solutions worldwide. The company operates in three segments: Special Long-Term Insurance, Special Short-Term Insurance and Reinsurance. It undertakes a diversified portfolio of specialty risks including energy, property, construction and engineering, ports and terminals, general aviation, political violence, casualty, financial institutions, marine, contingency and contract reinsurance.
This instant news alert is generated by narrative science technology and financial data from MarketBeat to provide readers with the fastest and most accurate reporting. This story was reviewed by the MarketBeat editorial team prior to publication. Please send any questions or comments about this story to firstname.lastname@example.org.
Before you consider International General Insurance, you’ll want to hear this.
MarketBeat tracks Wall Street’s top-rated and top-performing research analysts and the stocks they recommend to their clients daily. MarketBeat identified the five stocks top analysts are quietly whispering to their clients to buy now before the broader market takes a nosedive … and International General Insurance wasn’t on the list.
While International General Insurance currently has an analyst rating of ‘N/A’, the top rated analysts think these five stocks are better buys.
Check out the five stocks here