International General Insurance (IGIC) Stock Forecast, Price Target & Predictions
IGIC Stock Forecast
International General Insurance stock forecast is as follows: an average price target of $19.00 (represents a -22.58% downside from IGIC’s last price of $24.54) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.
IGIC Price Target
The average price target for International General Insurance (IGIC) is $19.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $19.00 to $19.00. This represents a potential -22.58% downside from IGIC's last price of $24.54.
IGIC Analyst Ratings
According to 1 Wall Street analysts, International General Insurance's rating consensus is 'Buy'. The analyst rating breakdown for IGIC stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
International General Insurance Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 08, 2024 | Mark Dwelle | RBC Capital | $19.00 | $15.69 | 21.10% | -22.58% |
The latest International General Insurance stock forecast, released on Aug 08, 2024 by Mark Dwelle from RBC Capital, set a price target of $19.00, which represents a 21.10% increase from the stock price at the time of the forecast ($15.69), and a -22.58% decrease from IGIC last price ($24.54).
International General Insurance Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $19.00 |
| Last Closing Price | $24.54 | $24.54 | $24.54 |
| Upside/Downside | -100.00% | -100.00% | -22.58% |
In the current month, the average price target of International General Insurance stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to International General Insurance's last price of $24.54. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 08, 2024 | RBC Capital | Outperform | Outperform | Hold |
International General Insurance's last stock rating was published by RBC Capital on Aug 08, 2024. The company gave IGIC a "Outperform" rating, the same as its previous rate.
International General Insurance Financial Forecast
International General Insurance Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Dec 23 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $84.44M |
| Avg Forecast | $166.48M | $159.95M | $153.68M | $194.30M | $178.10M | $136.30M | $134.80M | $188.80M | $56.59M |
| High Forecast | $166.48M | $159.95M | $153.68M | $194.30M | $178.10M | $136.30M | $134.80M | $188.80M | $67.91M |
| Low Forecast | $166.48M | $159.95M | $153.68M | $194.30M | $178.10M | $136.30M | $134.80M | $188.80M | $45.27M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 18 |
| Surprise % | - | - | - | - | - | - | - | - | 1.49% |
International General Insurance's average Quarter revenue forecast for Dec 23 based on 1 analysts is $188.80M, with a low forecast of $188.80M, and a high forecast of $188.80M. IGIC's average Quarter revenue forecast represents a 123.58% increase compared to the company's last Quarter revenue of $84.44M (Jun 20).
International General Insurance EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Dec 23 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 18 |
| EBITDA | - | - | - | - | - | - | - | - | $13.09M |
| Avg Forecast | $19.00M | $18.26M | $17.54M | $22.18M | $20.33M | $15.56M | $15.83M | $21.55M | $11.41M |
| High Forecast | $19.00M | $18.26M | $17.54M | $22.18M | $20.33M | $15.56M | $15.83M | $21.55M | $13.70M |
| Low Forecast | $19.00M | $18.26M | $17.54M | $22.18M | $20.33M | $15.56M | $15.83M | $21.55M | $9.13M |
| Surprise % | - | - | - | - | - | - | - | - | 1.15% |
1 analysts predict IGIC's average Quarter EBITDA for Dec 23 to be $21.55M, with a high of $21.55M and a low of $21.55M. This is 64.61% upper than International General Insurance's previous annual EBITDA (Jun 20) of $13.09M.
International General Insurance Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Dec 23 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 18 |
| Net Income | - | - | - | - | - | - | - | - | $12.06M |
| Avg Forecast | $36.64M | $33.89M | $32.98M | $33.89M | $30.40M | $25.68M | $27.29M | $28.41M | $9.68M |
| High Forecast | $36.64M | $33.89M | $32.98M | $33.89M | $30.40M | $25.68M | $27.30M | $30.70M | $11.62M |
| Low Forecast | $36.64M | $33.89M | $32.98M | $33.89M | $30.40M | $25.68M | $27.29M | $26.11M | $7.75M |
| Surprise % | - | - | - | - | - | - | - | - | 1.25% |
International General Insurance's average Quarter net income forecast for Dec 23 is $28.41M, with a range of $26.11M to $30.70M. IGIC's average Quarter net income forecast represents a 135.54% increase compared to the company's last Quarter net income of $12.06M (Jun 20).
International General Insurance SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Dec 23 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 18 |
| SG&A | - | - | - | - | - | - | - | - | $12.89M |
| Avg Forecast | $28.20M | $27.10M | $26.03M | $32.91M | $30.17M | $23.09M | $22.84M | $31.98M | $10.35M |
| High Forecast | $28.20M | $27.10M | $26.03M | $32.91M | $30.17M | $23.09M | $22.84M | $31.98M | $12.42M |
| Low Forecast | $28.20M | $27.10M | $26.03M | $32.91M | $30.17M | $23.09M | $22.84M | $31.98M | $8.28M |
| Surprise % | - | - | - | - | - | - | - | - | 1.25% |
International General Insurance's average Quarter SG&A projection for Dec 23 is $31.98M, based on 1 Wall Street analysts, with a range of $31.98M to $31.98M. The forecast indicates a 148.13% rise compared to IGIC last annual SG&A of $12.89M (Jun 20).
International General Insurance EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Dec 23 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 18 |
| EPS | - | - | - | - | - | - | - | - | $0.23 |
| Avg Forecast | $0.80 | $0.74 | $0.72 | $0.74 | $0.66 | $0.56 | $0.62 | $0.62 | $0.15 |
| High Forecast | $0.80 | $0.74 | $0.72 | $0.74 | $0.66 | $0.56 | $0.62 | $0.67 | $0.15 |
| Low Forecast | $0.80 | $0.74 | $0.72 | $0.74 | $0.66 | $0.56 | $0.62 | $0.57 | $0.15 |
| Surprise % | - | - | - | - | - | - | - | - | 1.56% |
According to 1 Wall Street analysts, International General Insurance's projected average Quarter EPS for Dec 23 is $0.62, with a low estimate of $0.57 and a high estimate of $0.67. This represents a 164.65% increase compared to IGIC previous annual EPS of $0.23 (Jun 20).
International General Insurance Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ACGL | Arch Capital Group | $95.71 | $99.20 | 3.65% | Buy |
| EQH | Equitable | $46.73 | $44.57 | -4.62% | Buy |
| HIG | Hartford Financial Services Group | $118.21 | $108.54 | -8.18% | Hold |
| GSHD | Goosehead Insurance | $120.43 | $95.83 | -20.43% | Buy |
| IGIC | International General Insurance | $24.54 | $19.00 | -22.58% | Buy |