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Financial Services - Insurance - Diversified - NASDAQ - JO
$ 24.73
-1.2 %
$ 1.12 B
Market Cap
7.95
P/E
1. INTRINSIC VALUE

International General Insurance Holdings Ltd. provides specialty insurance and reinsurance solutions worldwide. The company operates through three segments: Specialty Long-tail, Specialty Short-tail, and Reinsurance. It underwrites 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 treaty reinsurance. The company was founded in 2001 and is based in Amman, Jordan.[ Read More ]

The intrinsic value of one IGIC stock under the base case scenario is HIDDEN Compared to the current market price of 24.7 USD, International General Insurance Holdings Ltd. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart IGIC

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FINANCIALS
472 M REVENUE
22.08%
123 M OPERATING INCOME
46.39%
118 M NET INCOME
34.73%
197 M OPERATING CASH FLOW
330.36%
-90.4 M INVESTING CASH FLOW
-7187.50%
-49.2 M FINANCING CASH FLOW
-245.03%
136 M REVENUE
1.11%
27.1 M OPERATING INCOME
-20.99%
32.8 M NET INCOME
-13.56%
0 OPERATING CASH FLOW
0.00%
0 INVESTING CASH FLOW
0.00%
0 FINANCING CASH FLOW
0.00%
Balance Sheet Decomposition International General Insurance Holdings Ltd.
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Current Assets 572 M
Cash & Short-Term Investments 177 M
Receivables 0
Other Current Assets 395 M
Non-Current Assets 944 M
Long-Term Investments 120 M
PP&E 26.1 M
Other Non-Current Assets 799 M
Current Liabilities 580 M
Accounts Payable 89.7 M
Short-Term Debt 0
Other Current Liabilities 490 M
Non-Current Liabilities 394 M
Long-Term Debt 1.17 M
Other Non-Current Liabilities 393 M
EFFICIENCY
Earnings Waterfall International General Insurance Holdings Ltd.
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Revenue 472 M
Cost Of Revenue 360 K
Gross Profit 472 M
Operating Expenses 81.4 M
Operating Income 123 M
Other Expenses 4.81 M
Net Income 118 M
RATIOS
99.92% GROSS MARGIN
99.92%
26.06% OPERATING MARGIN
26.06%
25.04% NET MARGIN
25.04%
21.87% ROE
21.87%
7.79% ROA
7.79%
21.34% ROIC
21.34%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis International General Insurance Holdings Ltd.
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Net Income 118 M
Depreciation & Amortization 2.55 M
Capital Expenditures -3.25 M
Stock-Based Compensation 3.25 M
Change in Working Capital 52.8 M
Others 137 M
Free Cash Flow 193 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets International General Insurance Holdings Ltd.
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Wall Street analysts predict an average 1-year price target for IGIC of $19 , with forecasts ranging from a low of $19 to a high of $19 .
IGIC Lowest Price Target Wall Street Target
19 USD -23.17%
IGIC Average Price Target Wall Street Target
19 USD -23.17%
IGIC Highest Price Target Wall Street Target
19 USD -23.17%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0.025 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership International General Insurance Holdings Ltd.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
7. News
Invest In Global Growth With International General Insurance International General Insurance does what a good insurer does, underwrites profitability, maintains a strong balance sheet, and continues to grow offers specialty insurance globally, showing consistent revenue and earnings growth despite recent margin pressures. International General Insurance's flexible product mix and hands-on management ensure it can capitalize on favorable market opportunities. With a projected intrinsic value of $68, International General Insurance's growth potential outweighs risks like geopolitical disruptions and uncertain priorities with capital allocation. seekingalpha.com - 5 days ago
International General Insurance Holdings Ltd. (IGIC) Q3 2024 Earnings Call Transcript International General Insurance Holdings Ltd. (NASDAQ:IGIC ) Q3 2024 Earnings Conference Call November 6, 2024 9:00 AM ET Company Participants Robin Sidders – Head-Investor Relations Wasef Jabsheh – Executive Chairman Waleed Jabsheh – President and Chief Executive Officer Conference Call Participants Scott Heleniak – RBC Operator Good day, and welcome to the International General Insurance Holdings Ltd. seekingalpha.com - 1 week ago
IGI Reports Third Quarter and First Nine Months of 2024 Unaudited Financial Results HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today reported financial results for the third quarter and first nine months of 2024. Highlights for the third quarter and first nine months of 2024 include: (in millions of U.S. Dollars, except percentages and per share information)   Quarter Ended September 30, Nine Months Ended September 30,   2024 2023 2024 2023 Gross written premiums $138.3 $150.3 $525.5 $523.8 Net prem. businesswire.com - 1 week ago
IGI Announces Move to New London Offices HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that they will move their London operations to new offices on the 15th floor of the iconic ‘Walkie-Talkie' Building at 20 Fenchurch Street, London, EC3M 3BY on Monday 28 October 2024. This move reflects the growth of the Company's principle underwriting hub, the significant progress made in recent years, and the Company's continued commitment to the London ma. businesswire.com - 3 weeks ago
IGI to Release Third Quarter and Nine Months 2024 Financial Results on November 5, 2024 HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that it expects to release financial results for the third quarter and first nine months of 2024, on Tuesday, November 5, 2024, after the close of the U.S. financial markets. The results, along with an accompanying slide presentation, will be posted in the Investors section of the Company website at www.iginsure.com. The Company will host an investor teleconf. businesswire.com - 1 month ago
IGI to Release Second Quarter and Half Year 2024 Financial Results on August 6, 2024 HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that it expects to release financial results for the second quarter and half year 2024, on Tuesday, August 6, 2024, after the close of the U.S. financial markets. The results, along with an accompanying slide presentation, will be posted in the Investors section of the Company website at www.iginsure.com. The Company will host an investor teleconference, incl. businesswire.com - 4 months ago
IGI Increases its Repurchase Authorization to 7.5 Million Common Shares HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that its Board of Directors has increased the Company's existing share repurchase authorization to 7.5 million shares of its issued and outstanding common stock. This represents an increase of 2.5 million common shares to its prior 5 million common share authorization which was announced in May 2022. As of the close of the US financial markets on June 10, 202. businesswire.com - 5 months ago
3 Great Growth Stocks Trading at Tempting Discounts As their names suggest, growth stocks offer investors the best hope of outperforming the market. While larger companies are in the market, companies experiencing high growth have products and services people want, which translates to growing revenue, earnings and/or cash flow. investorplace.com - 5 months ago
Sixfold Fortunes: 3 Bargain Stocks Set for 6X Gains by 2030 The right stock can lead to significant returns in the long run. Buying stocks at bargain prices is very important here: by the time the market catches wind of the explosive growth of these companies, it's often too late. investorplace.com - 5 months ago
3 Must-Buy Stocks Under $15 for a Quick Triple by 2026 Three stocks under $15 that can potentially triple in value by 2026 stand out when looking for profitable investing options. These businesses are positioned in a variety of sectors, including technological hardware, insurance, and environmental services, each with distinct advantages and expansion plans. investorplace.com - 5 months ago
IGI Announces Increase in Quarterly Ordinary Common Share Dividend HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that its Board of Directors has voted to increase the Company's regular quarterly ordinary common share dividend to $0.025 per share, representing a 150% increase from the present rate of $0.01 per share per quarter. The first regular quarterly ordinary common share dividend at the new rate of $0.025 will be paid on June 20, 2024, to shareholders of record at. businesswire.com - 6 months ago
International General Insurance Holdings Ltd. (IGIC) Q1 2024 Earnings Call Transcript International General Insurance Holdings Ltd. (NASDAQ:IGIC ) Q1 2024 Earnings Conference Call May 8, 2024 9:00 AM ET Company Participants Robin Sidders - Head of Investor Relations Wasef Jabsheh - Executive Chairman Waleed Jabsheh - President & Chief Executive Officer Conference Call Participants Alan Chan - RBC Capital Markets Operator Good day and welcome to the International General Insurance Holdings Ltd's First Quarter 2024 Financial Results Conference Call. seekingalpha.com - 6 months ago
8. Profile Summary

International General Insurance Holdings Ltd. IGIC

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COUNTRY JO
INDUSTRY Insurance - Diversified
MARKET CAP $ 1.12 B
Dividend Yield 0.00%
Description International General Insurance Holdings Ltd. provides specialty insurance and reinsurance solutions worldwide. The company operates through three segments: Specialty Long-tail, Specialty Short-tail, and Reinsurance. It underwrites 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 treaty reinsurance. The company was founded in 2001 and is based in Amman, Jordan.
Contact 74 Abdel Hamid Sharaf Street, Amman, 11194 https://www.iginsure.com
IPO Date April 10, 2018
Employees 401
Officers Mr. Waleed Wasef Jabsheh Chief Executive Officer, President & Director Ms. Rawan Alsulaiman Chief Legal & Compliance Officer and Company Secretary Mr. Tandy Harris Chief Human Resources Officer Mr. Wasef Salim Jabsheh Founder & Executive Chairman Mr. Pervez Rizvi Group Chief Financial Officer Mr. Hatem Wasef Jabsheh Group Chief Operating Officer Mr. Mamraj Chahar Vice President of Investment Mr. Ruwan Perera Group Chief Technology & Information Officer Ms. Robin Sidders Head of Investor Relations Aaida Abu Jaber Assistant Vice President of PR & Marketing