International General Insurance Stock Today

IGIC Stock  USD 19.11  0.29  1.49%   

Performance

13 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 36

 
High
 
Low
Below Average
International General is trading at 19.11 as of the 16th of October 2024, a 1.49 percent decrease since the beginning of the trading day. The stock's open price was 19.4. International General has about a 36 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for International General Insurance are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 16th of September 2024 and ending today, the 16th of October 2024. Click here to learn more.
Business Domain
Insurance
IPO Date
18th of March 2020
Category
Financial Services
Classification
Financials
International General Insurance Holdings Ltd. provides specialty insurance and reinsurance solutions worldwide. The company was founded in 2001 and is based in Amman, Jordan. International General operates under InsuranceDiversified classification in the United States and is traded on NASDAQ Exchange. The company has 45.67 M outstanding shares of which 55.81 K shares are currently shorted by private and institutional investors with about 0.87 trading days to cover. More on International General Insurance

Moving against International Stock

  0.59ESGRP Enstar GroupPairCorr
  0.48ESGRO Enstar Group LimitedPairCorr
  0.33ESGR Enstar Group LimitedPairCorr

International Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President CEOWaleed Jabsheh
Business ConcentrationProperty & Casualty Insurance, Insurance - Diversified, Financial Services, NASDAQ Composite, Financials, Insurance, Insurance—Diversified, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.0740.0779
Notably Down
Slightly volatile
Asset Turnover0.30.3109
Sufficiently Down
Slightly volatile
Gross Profit Margin0.80.9
Fairly Down
Slightly volatile
Total Current Liabilities610.7 M581.6 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total414.5 M394.8 M
Sufficiently Up
Slightly volatile
Total Assets1.2 B1.5 B
Way Down
Slightly volatile
Total Current Assets543.7 M572.3 M
Notably Down
Slightly volatile
Debt Levels
International General can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand International General's financial leverage. It provides some insight into what part of International General's total assets is financed by creditors.
Liquidity
International General Insurance currently holds 2.13 M in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. International General has a current ratio of 0.82, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about International General's use of debt, we should always consider it together with its cash and equity.

Change In Cash

59.93 Million
International General Insurance (IGIC) is traded on NASDAQ Exchange in USA. It is located in 74 Abdel Hamid Sharaf Street, Amman, Jordan, 11194 and employs 401 people. International General is listed under Property & Casualty Insurance category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 872.75 M. International General conducts business under Insurance sector and is part of Financials industry. The entity has 45.67 M outstanding shares of which 55.81 K shares are currently shorted by private and institutional investors with about 0.87 trading days to cover. International General Insurance currently holds about 138 M in cash with 196.61 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.11.
Check International General Probability Of Bankruptcy
Ownership Allocation
International General Insurance has a total of 45.67 Million outstanding shares. Over half of International General's outstanding shares are owned by outside corporations. These outside corporations are typically referred to as corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Also note that almost one million four thousand seven hundred fourty invesors are currently shorting International General expressing very little confidence in its future performance.
Check International Ownership Details

International Stock Institutional Holders

InstituionRecorded OnShares
Interval Partners, Lp2024-06-30
114.7 K
Zweig-dimenna Associates Llc2024-06-30
106.8 K
Quadrature Capital Llp2024-06-30
96.7 K
Marshall Wace Asset Management Ltd2024-06-30
92.3 K
Citadel Advisors Llc2024-06-30
84.8 K
Atria Wealth Solutions, Inc.2024-06-30
83 K
Millennium Management Llc2024-06-30
80.7 K
New Vernon Investment Management Llc2024-06-30
79 K
Navellier & Associates Inc2024-06-30
63 K
Royce & Associates, Lp2024-06-30
3.5 M
Gilder Gagnon Howe & Co Llc2024-06-30
1.3 M
View International General Diagnostics

International General Historical Income Statement

At present, International General's Income Before Tax is projected to increase significantly based on the last few years of reporting. The current year's Net Income Applicable To Common Shares is expected to grow to about 95.4 M, whereas Interest Expense is forecasted to decline to about 149.1 K. View More Fundamentals

International Stock Against Markets

International General Corporate Management

Walid JabshehPres DirectorProfile
Mamraj ChaharVice InvestmentProfile
Robin SiddersHead RelationsProfile
Rawan AlsulaimanChief SecretaryProfile
Sufian SalmanChief OfficerProfile
Tandy HarrisChief OfficerProfile
Pervez RizviGroup OfficerProfile
When determining whether International General offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of International General's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of International General Insurance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on International General Insurance Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International General Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
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Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of International General. If investors know International will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about International General listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.18)
Dividend Share
0.07
Earnings Share
2.51
Revenue Per Share
11.242
Quarterly Revenue Growth
0.019
The market value of International General is measured differently than its book value, which is the value of International that is recorded on the company's balance sheet. Investors also form their own opinion of International General's value that differs from its market value or its book value, called intrinsic value, which is International General's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because International General's market value can be influenced by many factors that don't directly affect International General's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between International General's value and its price as these two are different measures arrived at by different means. Investors typically determine if International General is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, International General's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.