Missed GME or NVDA? Donโt Miss the Next One.โ
Join 5,000+ investors using Ticker Nerd’s Market Radar to stay ahead of major market moves, analyst upgrades, and trending opportunities โ for free.
Home โบ Stocks โบ International General Insurance Holdings Ltd. (IGIC) Stock Forecast & Price Prediction Jordan | NASDAQ | Financial Services | Insurance - Diversified
$24.46
-0.41 (-1.65%)10 Quality Stocks Worth Considering Now
Researching IGIC (IGIC) after the drop? Our ex-Goldman Sachs analyst reveals if it made our list of 10 oversold quality stocks with strong growth potential.
Get our FREE market selloff report + exclusive analysis on IGIC and similar high-potential opportunities.
Based on our analysis of 4 Wall Street analysts, IGIC has a bullish consensus with a median price target of $32.00 (ranging from $32.00 to $32.00). The overall analyst rating is Strong Buy (10.0/10). Currently trading at $24.46, the median forecast implies a 30.8% upside. This outlook is supported by 1 Buy, 0 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Michael Phillips at Oppenheimer, projecting a 30.8% upside. Conversely, the most conservative target is provided by Michael Phillips at Oppenheimer, suggesting a 30.8% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for IGIC.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
Feb 27, 2025 | RBC Capital | Scott Heleniak | Outperform | Maintains | $31.00 |
Feb 27, 2025 | Oppenheimer | Michael Phillips | Outperform | Maintains | $32.00 |
Nov 21, 2024 | Oppenheimer | Michael Phillips | Outperform | Initiates | $30.00 |
Nov 7, 2024 | RBC Capital | Scott Heleniak | Outperform | Maintains | $26.00 |
Aug 8, 2024 | RBC Capital | Scott Heleniak | Outperform | Maintains | $19.00 |
Mar 14, 2024 | RBC Capital | Scott Heleniak | Outperform | Reiterates | $15.00 |
Mar 1, 2024 | RBC Capital | Mark Dwelle | Outperform | Maintains | $15.00 |
Aug 17, 2023 | RBC Capital | Mark Dwelle | Outperform | Maintains | $12.00 |
Mar 6, 2023 | RBC Capital | Mark Dwelle | Outperform | Maintains | $11.00 |
May 24, 2021 | RBC Capital | Mark Dwelle | Outperform | Maintains | $11.00 |
Jul 14, 2020 | RBC Capital | Outperform | Initiates | $0.00 |
The following stocks are similar to IGIC based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
International General Insurance Holdings Ltd. has a market capitalization of $1.12B with a P/E ratio of 8.2x. The company generates $539.01M in trailing twelve-month revenue with a 25.1% profit margin.
Revenue growth is -9.9% quarter-over-quarter, while maintaining an operating margin of +28.5% and return on equity of +22.6%.
Get All 10 Quality Stocks For This Market Selloff
Still researching investments after the market drop? Our ex-Goldman Sachs analyst has already identified the 10 highest-quality oversold stocks with strong fundamentals and upside potential.
Why spend hours researching when we've already done the work? Get instant access to our complete market selloff analysis.
Provides specialty insurance and reinsurance products.
The company generates revenue by offering tailored insurance and reinsurance solutions to businesses in complex markets such as energy, property, and marine sectors. By mitigating financial risks, it helps clients maintain operational stability while earning premiums for the coverage provided.
International General Insurance Holdings has a strategic presence in key international markets, including Europe, the Middle East, North Africa, and Asia. Its expertise in navigating regulatory environments and delivering customized risk management solutions positions it as a vital player in the global insurance market.
Financial Services
Insurance - Diversified
401
Mr. Waleed Wasef Jabsheh
Jordan
2019
International General Insurance Holdings Ltd. (NASDAQ: IGIC) filed its Annual Report on Form 20-F with the SEC, including audited financials for 2024. The report is available on its website.
The filing of IGI's Annual Report provides transparency into its financial health, impacting investor confidence and potential stock performance. Access to audited statements aids in informed decision-making.
International General Insurance (IGIC) shares rose with above-average trading volume; however, recent earnings estimate revisions may not lead to further price increases soon.
IGIC's share surge and high trading volume indicate strong investor interest, but revised earnings estimates suggest potential price stabilization ahead, signaling caution for future investments.
International General Insurance Holdings Ltd. declared an extraordinary cash dividend of $0.85 per share, alongside a regular quarterly dividend of $0.025, totaling $0.875, payable on April 22, 2025.
The declaration of an extraordinary cash dividend signals strong financial health and shareholder value enhancement for IGI, potentially attracting more investors and boosting stock prices.
International General Insurance Holdings Ltd. (NASDAQ: IGIC) will hold its Q4 2024 earnings conference call on February 26, 2025, at 9:00 AM ET, featuring key company executives.
The earnings conference call provides insights into the company's financial performance and future outlook, influencing stock valuation and investor sentiment.
International General Insurance Holdings Ltd. reported Q4 2024 gross written premiums of $174.6M, up from $164.9M in Q4 2023, and full-year premiums of $700.1M, compared to $688.7M in 2023.
IGI's Q4 and full-year 2024 results show increased gross written premiums, indicating growth and potential for future profitability, which can influence stock performance and investor confidence.
IGIC reports improved Q3'24 profitability, strong balance sheet growth, and strategic buybacks. It remains undervalued, with diversified insurance lines supporting double-digit growth potential.
IGIC's strong profitability, strategic buybacks, and diversified operations enhance its growth potential, indicating an attractive investment opportunity amid undervaluation.
Based on our analysis of 4 Wall Street analysts, International General Insurance Holdings Ltd. (IGIC) has a median price target of $32.00. The highest price target is $32.00 and the lowest is $32.00.
According to current analyst ratings, IGIC has 1 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $24.46. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict IGIC stock could reach $32.00 in the next 12 months. This represents a 30.8% increase from the current price of $24.46. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company generates revenue by offering tailored insurance and reinsurance solutions to businesses in complex markets such as energy, property, and marine sectors. By mitigating financial risks, it helps clients maintain operational stability while earning premiums for the coverage provided.
The highest price target for IGIC is $32.00 from Michael Phillips at Oppenheimer, which represents a 30.8% increase from the current price of $24.46.
The lowest price target for IGIC is $32.00 from Michael Phillips at Oppenheimer, which represents a 30.8% increase from the current price of $24.46.
The overall analyst consensus for IGIC is bullish. Out of 4 Wall Street analysts, 1 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $32.00.
Stock price projections, including those for International General Insurance Holdings Ltd., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.