International General Insurance (NASDAQ:IGIC – Get Votes) will be posting its earnings results after the market closes on Thursday, August 18th. A person who is interested in registering for a corporate conference call can do so using this link.
International General Insurance (NASDAQ:IGIC – Get Votes) last posted their results on Thursday, May 19th. The company reported earnings of $0.49 per share for the quarter. National Insurance had a profit margin of 14.63% and a margin of 12.92%. The company had revenue of $89.80 million for the quarter.
Global Insurance Sales Up 1.7%
Shares of IGIC stock opened at $7.57 on Thursday. Nationwide Insurance has a 12 month low of $6.72 and a 12 month high of $9.57. The stock has a fifty day moving average of $7.57 and a 200 day moving average of $7.61. The company has market capitalization of $373.25 million, a PE ratio of 7.45 and a beta of 0.26.
International General Insurance Cuts Dividend
The company also disclosed its quarterly earnings data, which was issued on Wednesday, June 22nd. Stockholders of record on Monday, June 6th were issued a dividend of $0.01 per share. The previous distribution date was Friday, June 3rd. The company paid $0.04 per share during the last period and the annual yield was 0.53 %. The lowest price of shares of International General Insurance Company Limited is currently 4.00 %.
Institutional Trading of International General Insurance
The hedge fund recently bought a new stake in International General Insurance stock. Envestnet Asset Management Inc. acquired a new stake in shares of International General Insurance Holdings Ltd. (NASDAQ:IGIC – Get Votes) in the 2nd quarter, according to the company in a recent filing with the SEC. The investor acquired 12,817 shares of the company’s stock, valued at approximately $100,000. Institutional investors and hedge funds own 60.22% of the company’s stock.
About International General Insurance
International General Insurance Holdings Ltd. provides unique insurance and insurance solutions worldwide. The company operates in three segments: Specialty Long-tail, Specialty Short-tail, and Reinsurance. It covers special risks, including energy, property, construction and engineering, ports and terminals, international airlines, political violence, casualty, financial institutions, marine, emergency, and contract reinsurance.
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