International General Insurance Stock Today
| IGIC Stock | USD 13.54 0.25 1.88% |
Performance2 of 100
| Odds Of DistressLess than 42
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International General is trading at 13.54 as of the 25th of April 2024, a 1.88 percent up since the beginning of the trading day. The stock's open price was 13.29. International General has about a 42 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading 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 6th of May 2022 and ending today, the 25th of April 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 46.07 M outstanding shares of which 49.61 K shares are currently shorted by private and institutional investors with about 0.58 trading days to cover. More on International General Insurance
Moving together with International Stock
| 0.75 | AEG | Aegon NV ADR | PairCorr |
Moving against International Stock
| 0.66 | GSHD | Goosehead Insurance | PairCorr |
| 0.5 | ESGRO | Enstar Group Limited | PairCorr |
| 0.48 | ACGLO | Arch Capital Group | PairCorr |
| 0.42 | SLF | Sun Life Financial Financial Report 9th of May 2024 | PairCorr |
Follow Valuation Options Odds of Bankruptcy
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International Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. International General's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding International General or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO | Waleed Jabsheh | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Property & Casualty Insurance, Insurance - Diversified, Financial Services, NASDAQ Composite, Financials, Insurance, Insurance—Diversified, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering International General report their recommendations after researching International General's financial statements, talking to executives and customers, or listening in on International General's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering International General. The International consensus assessment is calculated by taking the average forecast from all of the analysts covering International General. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of International General's profitability, liquidity, and operating efficiency, International General Insurance is doing better financially then in previous quarter. It has a moderate chance of reporting better financial numbers in May. Financial strength of International General is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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International General's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to International General's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to 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.
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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 612.33 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate International General's market, we take the total number of its shares issued and multiply it by International General's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. International General conducts business under Insurance sector and is part of Financials industry. The entity has 46.07 M outstanding shares of which 49.61 K shares are currently shorted by private and institutional investors with about 0.58 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 AllocationInternational General secures a total of 46.07 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. Consequently, these institutions are subject to different rules and regulations than regular investors in International General Insurance. Please watch out for any change in the institutional holdings of International General as this could mean something significant has changed or is about to change at the company. Also note that almost nine hundred twenty-one thousand four hundred eighty-four invesors are currently shorting International General expressing very little confidence in its future performance.
Check International Ownership Details
International Stock Price Odds Analysis
What are International General's target price odds to finish over the current price? Based on a normal probability distribution, the odds of International General jumping above the current price in 90 days from now is about 10.24%. The International General Insurance probability density function shows the probability of International General stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days International General has a beta of 0.4044. This usually indicates as returns on the market go up, International General average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding International General Insurance will be expected to be much smaller as well. Additionally, international General Insurance has an alpha of 0.0682, implying that it can generate a 0.0682 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of International General to move above the current price in 90 days from now is about 10.24 (This International General Insurance probability density function shows the probability of International Stock to fall within a particular range of prices over 90 days) .
International Stock Institutional Holders
Institutional Holdings refers to the ownership stake in International General that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of International General's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing International General's value.| Instituion | Recorded On | Shares | |
| Quadrature Capital Llp | 2023-12-31 | 120.6 K | |
| Acadian Asset Management Llc | 2023-12-31 | 120.5 K | |
| New Vernon Investment Management Llc | 2023-12-31 | 112.9 K | |
| Interval Partners, Llc | 2023-12-31 | 99.3 K | |
| Atria Wealth Solutions, Inc. | 2023-12-31 | 86 K | |
| Citadel Advisors Llc | 2023-09-30 | 67.7 K | |
| Boston Partners Global Investors, Inc | 2023-12-31 | 60.5 K | |
| Navellier & Associates Inc | 2023-12-31 | 59.1 K | |
| Royal Bank Of Canada | 2023-12-31 | 54 K | |
| Royce & Associates, Lp | 2023-12-31 | 3.8 M | |
| Gilder Gagnon Howe & Co Llc | 2023-12-31 | 1.5 M |
International General Historical Income Statement
International General Insurance Income Statement is one of the three primary financial statements used for reporting International's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of International General revenue and expense. International General Income Statement primarily focuses on the company's revenues and expenses during a particular period.
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 FundamentalsInternational Stock Against Markets
Picking the right benchmark for International General stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in International General stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for International General is critical whether you are bullish or bearish towards International General Insurance at a given time. Please also check how International General's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in International General without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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International General Corporate Management
Elected by the shareholders, the International General's board of directors comprises two types of representatives: International General inside directors who are chosen from within the company, and outside directors, selected externally and held independent of International. The board's role is to monitor International General's management team and ensure that shareholders' interests are well served. International General's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, International General's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Walid Jabsheh | Pres Director | Profile | |
| Mamraj Chahar | Vice Investment | Profile | |
| Robin Sidders | Head Relations | Profile | |
| Rawan Alsulaiman | Chief Secretary | Profile | |
| Sufian Salman | Chief Officer | Profile | |
| Tandy Harris | Chief Officer | Profile | |
| Pervez Rizvi | Group Officer | Profile |
How to buy International Stock?
Before investing in International General, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in International General. To buy International General stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of International General. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase International General stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located International General Insurance stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased International General Insurance stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as International General Insurance, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy International Stock please use our How to Invest in International General guide.
Already Invested in International General Insurance?
The danger of trading International General Insurance is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of International General is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than International General. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile International General is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for International Stock analysis
When running International General's price analysis, check to measure International General's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy International General is operating at the current time. Most of International General's value examination focuses on studying past and present price action to predict the probability of International General's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move International General's price. Additionally, you may evaluate how the addition of International General to your portfolios can decrease your overall portfolio volatility.
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Is International General's industry 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 0.132 | Dividend Share 0.04 | Earnings Share 2.55 | Revenue Per Share 10.99 | Quarterly Revenue Growth 0.123 |
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.