Global Insurance (IGIC) is scheduled to post earnings on Thursday

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

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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

(Get Votes)

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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