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 -11.13% downside from IGIC’s last price of $21.38) 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 -11.13% downside from IGIC's last price of $21.38.
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% | -11.13% |
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 -11.13% decrease from IGIC last price ($21.38).
International General Insurance Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $19.00 | $19.00 |
| Last Closing Price | $21.38 | $21.38 | $21.38 |
| Upside/Downside | -100.00% | -11.13% | -11.13% |
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 $21.38. This month's average price target is down -100.00% 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 | $171.31M | $164.61M | $158.16M | $151.96M | $146.01M | $161.60M | $134.80M | $188.80M | $56.59M |
| High Forecast | $171.31M | $164.61M | $158.16M | $151.96M | $146.01M | $161.60M | $134.80M | $188.80M | $67.91M |
| Low Forecast | $171.31M | $164.61M | $158.16M | $151.96M | $146.01M | $161.60M | $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 | $20.12M | $19.33M | $18.57M | $17.84M | $17.15M | $18.98M | $15.83M | $22.17M | $11.41M |
| High Forecast | $20.12M | $19.33M | $18.57M | $17.84M | $17.15M | $18.98M | $15.83M | $22.17M | $13.70M |
| Low Forecast | $20.12M | $19.33M | $18.57M | $17.84M | $17.15M | $18.98M | $15.83M | $22.17M | $9.13M |
| Surprise % | - | - | - | - | - | - | - | - | 1.15% |
1 analysts predict IGIC's average Quarter EBITDA for Dec 23 to be $22.17M, with a high of $22.17M and a low of $22.17M. This is 69.33% 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 | $37.40M | $31.68M | $30.80M | $34.32M | $31.68M | $24.67M | $27.29M | $27.29M | $9.68M |
| High Forecast | $37.40M | $31.68M | $30.80M | $34.32M | $31.68M | $29.51M | $27.30M | $29.49M | $11.62M |
| Low Forecast | $37.40M | $31.68M | $30.80M | $34.32M | $31.68M | $19.82M | $27.29M | $25.09M | $7.75M |
| Surprise % | - | - | - | - | - | - | - | - | 1.25% |
International General Insurance's average Quarter net income forecast for Dec 23 is $27.29M, with a range of $25.09M to $29.49M. IGIC's average Quarter net income forecast represents a 126.28% 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 | $29.03M | $27.89M | $26.80M | $25.75M | $24.74M | $27.38M | $22.84M | $31.99M | $10.35M |
| High Forecast | $29.03M | $27.89M | $26.80M | $25.75M | $24.74M | $27.38M | $22.84M | $31.99M | $12.42M |
| Low Forecast | $29.03M | $27.89M | $26.80M | $25.75M | $24.74M | $27.38M | $22.84M | $31.99M | $8.28M |
| Surprise % | - | - | - | - | - | - | - | - | 1.25% |
International General Insurance's average Quarter SG&A projection for Dec 23 is $31.99M, based on 1 Wall Street analysts, with a range of $31.99M to $31.99M. The forecast indicates a 148.16% 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 | $0.85 | $0.72 | $0.70 | $0.78 | $0.72 | $0.56 | $0.62 | $0.62 | $0.15 |
| High Forecast | $0.85 | $0.72 | $0.70 | $0.78 | $0.72 | $0.67 | $0.62 | $0.67 | $0.15 |
| Low Forecast | $0.85 | $0.72 | $0.70 | $0.78 | $0.72 | $0.45 | $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 | $95.00 | $98.60 | 3.79% | Buy |
| EQH | Equitable | $45.00 | $44.57 | -0.96% | Buy |
| HIG | Hartford Financial Services Group | $111.16 | $108.54 | -2.36% | Hold |
| GSHD | Goosehead Insurance | $106.74 | $95.83 | -10.22% | Buy |
| IGIC | International General Insurance | $21.38 | $19.00 | -11.13% | Buy |
IGIC Forecast FAQ
Is International General Insurance a good buy?
Yes, according to 1 Wall Street analysts, International General Insurance (IGIC) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of IGIC's total ratings.
What is IGIC's price target?
International General Insurance (IGIC) average price target is $19 with a range of $19 to $19, implying a -11.13% from its last price of $21.38. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will International General Insurance stock go up soon?
According to Wall Street analysts' prediction for IGIC stock, the company can go down by -11.13% (from the last price of $21.38 to the average price target of $19), down by -11.13% based on the highest stock price target, and down by -11.13% based on the lowest stock price target.
Can International General Insurance stock reach $30?
IGIC's average twelve months analyst stock price target of $19 does not support the claim that International General Insurance can reach $30 in the near future.
What are International General Insurance's analysts' financial forecasts?
International General Insurance's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $442.41M (high $442.41M, low $442.41M), average EBITDA is $51.95M (high $51.95M, low $51.95M), average net income is $83.64M (high $88.49M, low $78.79M), average SG&A $74.96M (high $74.96M, low $74.96M), and average EPS is $1.9 (high $2.01, low $1.79). IGIC's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $646.04M (high $646.04M, low $646.04M), average EBITDA is $75.86M (high $75.86M, low $75.86M), average net income is $134.2M (high $134.2M, low $134.2M), average SG&A $109.46M (high $109.46M, low $109.46M), and average EPS is $3.05 (high $3.05, low $3.05).
Did the IGIC's actual financial results beat the analysts' financial forecasts?
In terms of the last quarterly report (Jun 2020), International General Insurance's revenue was $84.44M, beating the average analysts' forecast of $56.59M by 49.21%. The company's EBITDA was $13.09M, beating the average prediction of $11.41M by 14.72%. International General Insurance's net income was $12.06M, beating the average estimation of $9.68M by 24.56%. The company's SG&A was $12.89M, beating the average forecast of $10.35M by 24.56%. Lastly, the company's EPS was $0.234, beating the average prediction of $0.15 by 55.78%