Analysts Issue Forecasts for IGIC FY2026 Earnings

International General Insurance Holdings Ltd. (NASDAQ:IGIC) – DOWLING & PARTN issued their FY2026 EPS estimates for shares of International General Insurance in a report issued on Wednesday, May 20th. DOWLING & PARTN analyst N. Iacoviello anticipates that the company will post earnings per share of $3.00 for the year. The consensus estimate for International General Insurance’s current full-year earnings is $2.80 per share. DOWLING & PARTN also issued estimates for International General Insurance’s FY2027 earnings at $3.10 EPS.

Separately, Weiss Ratings cut shares of International General Insurance from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, May 4th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, International General Insurance has a consensus rating of “Buy” and a consensus target price of $28.00.

International General Insurance Price Performance

International General Insurance stock opened at $24.53 on Thursday. International General Insurance has a 12-month low of $20.82 and a 12-month high of $27.43. The stock has a market capitalization of $1.05 billion, a P/E ratio of 8.86 and a beta of 0.14. The firm’s 50-day moving average is $25.16 and its two-hundred day moving average is $24.73.

International General Insurance (NASDAQ:IGIC) last released its quarterly earnings results on Tuesday, February 24th. The company reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.08. International General Insurance had a net margin of 23.68% and a return on equity of 17.68%. The company had revenue of $126.40 million for the quarter, compared to analysts’ expectations of $116.40 million.

Institutional Investors Weigh In On International General Insurance

Hedge funds have recently modified their holdings of the stock. Smartleaf Asset Management LLC acquired a new stake in shares of International General Insurance in the fourth quarter worth approximately $56,000. State of Wyoming boosted its position in shares of International General Insurance by 179.2% in the second quarter. State of Wyoming now owns 6,665 shares of the company’s stock worth $160,000 after acquiring an additional 4,278 shares during the last quarter. Osaic Holdings Inc. boosted its position in shares of International General Insurance by 29.2% in the second quarter. Osaic Holdings Inc. now owns 6,752 shares of the company’s stock worth $162,000 after acquiring an additional 1,524 shares during the last quarter. Royal Bank of Canada boosted its position in shares of International General Insurance by 16.5% in the fourth quarter. Royal Bank of Canada now owns 6,559 shares of the company’s stock worth $165,000 after acquiring an additional 929 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its position in shares of International General Insurance by 61.0% in the second quarter. BNP Paribas Financial Markets now owns 7,824 shares of the company’s stock worth $188,000 after acquiring an additional 2,963 shares during the last quarter. 54.24% of the stock is owned by institutional investors and hedge funds.

International General Insurance Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Thursday, May 28th will be given a $0.075 dividend. This is a boost from International General Insurance’s previous quarterly dividend of $0.05. This represents a $0.30 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, May 28th. International General Insurance’s dividend payout ratio is 7.22%.

About International General Insurance

International General Insurance (NASDAQ:IGIC) is a global specialty insurer and reinsurer focused on underwriting a diverse portfolio of property and casualty risks. Headquartered in Pembroke, Bermuda, the company provides tailored risk solutions across a broad range of industry sectors. IGIC operates within the excess and surplus lines market, leveraging specialized expertise to cover complex and hard-to-place risks that fall outside the scope of standard commercial insurance.

Founded in 1988, IGIC has grown its product offering to include marine, energy, aviation, construction, professional liability and credit & surety lines.