International General Insurance (IGIC) to Release Earnings on Tuesday

International General Insurance (NASDAQ:IGIC) is projected to announce its Q1 2025 earnings results after the market closes on Tuesday, May 6th. Analysts expect the company to announce earnings of $0.58 per share and revenue of $135.50 million for the quarter.

International General Insurance (NASDAQ:IGIC) last announced its quarterly earnings data on Tuesday, February 25th. The company reported $0.89 earnings per share for the quarter, topping analysts’ consensus estimates of $0.88 by $0.01. The company had revenue of $135.20 million during the quarter, compared to analyst estimates of $136.20 million. International General Insurance had a net margin of 26.24% and a return on equity of 22.78%. On average, analysts expect International General Insurance to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

International General Insurance Trading Up 6.1 %

International General Insurance stock opened at $25.55 on Monday. International General Insurance has a 12 month low of $13.48 and a 12 month high of $27.76. The stock has a fifty day simple moving average of $24.96 and a two-hundred day simple moving average of $24.56. The firm has a market cap of $1.15 billion, a price-to-earnings ratio of 8.35 and a beta of 0.24.

International General Insurance Dividend Announcement

The firm also recently disclosed a — dividend, which was paid on Tuesday, April 22nd. Investors of record on Friday, April 4th were issued a $0.85 dividend. The ex-dividend date was Friday, April 4th. This represents a yield of 0.4%. International General Insurance’s payout ratio is 3.34%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Oppenheimer raised their price target on shares of International General Insurance from $30.00 to $32.00 and gave the company an “outperform” rating in a report on Thursday, February 27th. Royal Bank of Canada raised their target price on shares of International General Insurance from $28.00 to $31.00 and gave the stock an “outperform” rating in a report on Thursday, February 27th.

International General Insurance Company Profile

International General Insurance Holdings Ltd. engages in the provision of specialty insurance and reinsurance solutions worldwide. The company operates through three segments: Specialty Long-tail, Specialty Short-tail, and Reinsurance. It is involved in underwriting a portfolio of specialty risks, including energy, property, construction and engineering, ports and terminals, general aviation, political violence, professional lines, financial institutions, motor, marine liability, contingency, marine, treaty, and casualty insurance and reinsurance.