Analysts Issue Forecasts for IGIC FY2026 Earnings

International General Insurance Holdings Ltd. (NASDAQ:IGIC) – Analysts at DOWLING & PARTN issued their FY2026 earnings estimates for shares of International General Insurance in a research note issued on Wednesday, May 20th. DOWLING & PARTN analyst N. Iacoviello forecasts 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.

International General Insurance (NASDAQ:IGIC) last posted its earnings results on Tuesday, February 24th. The company reported $0.80 earnings per share for the quarter, beating 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 firm had revenue of $126.40 million during the quarter, compared to the consensus estimate of $116.40 million.

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

International General Insurance Trading Down 2.7%

NASDAQ:IGIC opened at $24.53 on Thursday. The firm has a 50-day moving average price of $25.16 and a two-hundred day moving average price of $24.73. International General Insurance has a twelve month low of $20.82 and a twelve month high of $27.43. The company has a market capitalization of $1.05 billion, a P/E ratio of 8.86 and a beta of 0.14.

International General Insurance Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Thursday, May 28th will be issued a dividend of $0.075 per share. This is an increase from International General Insurance’s previous quarterly dividend of $0.05. The ex-dividend date is Thursday, May 28th. This represents a $0.30 annualized dividend and a yield of 1.2%. International General Insurance’s payout ratio is 7.22%.

Hedge Funds Weigh In On International General Insurance

Several hedge funds have recently added to or reduced their stakes in the business. Smartleaf Asset Management LLC acquired a new stake in shares of International General Insurance during the 4th quarter worth about $56,000. State of Wyoming boosted its stake in shares of International General Insurance by 179.2% during the 2nd quarter. State of Wyoming now owns 6,665 shares of the company’s stock worth $160,000 after purchasing an additional 4,278 shares during the last quarter. Osaic Holdings Inc. boosted its stake in shares of International General Insurance by 29.2% during the 2nd quarter. Osaic Holdings Inc. now owns 6,752 shares of the company’s stock worth $162,000 after purchasing an additional 1,524 shares during the last quarter. Royal Bank of Canada boosted its stake in shares of International General Insurance by 16.5% during the 4th quarter. Royal Bank of Canada now owns 6,559 shares of the company’s stock worth $165,000 after purchasing an additional 929 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in shares of International General Insurance by 61.0% during the 2nd quarter. BNP Paribas Financial Markets now owns 7,824 shares of the company’s stock worth $188,000 after purchasing an additional 2,963 shares during the last quarter. 54.24% of the stock is currently owned by hedge funds and other institutional investors.

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.