How to Buy International General Insurance Holdings Stock
International General Insurance Holdings Ltd
International General Insurance Holdings Ltd. provides specialty insurance and reinsurance solutions worldwide. The company operates through three segments: Specialty Long-tail, Specialty Short-tail, and Reinsurance.
International General Insurance Holdings stock last closed at $13.71, up 1.26% from the previous day, and has increased 64.19% in one year. It has overperformed other stocks in the Insurance - Diversified industry by 0.39 percentage points. International General Insurance Holdings stock is currently +71.16% from its 52-week low of $8.01, and -3.04% from its 52-week high of $14.14.
At the moment, there are 46.07M IGIC shares outstanding. The market value of IGIC is $631.68M. In the past 24 hours, 74,310 IGIC shares were traded.
How to Buy International General Insurance Holdings Stock
Wondering how to invest in International General Insurance Holdings stock? Here's how.
- Figure out where to buy International General Insurance Holdings stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you decide where to buy International General Insurance Holdings stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Pick your payment method and add your info.
- Evaluate International General Insurance Holdings stock: The International General Insurance Holdings ticker symbol is IGIC. Is International General Insurance Holdings stock a good investment? Should you buy shares of IGIC? How do IGIC's underlying business fundamentals look? Do top analysts think International General Insurance Holdings is a good buy? Why has IGIC's stock price moved recently? (Hint: Our stock analysis website can help you understand if IGIC is a good stock to buy).
- Place your IGIC buy order: Decide if you will purchase IGIC shares at the current market price or use a limit order to buy IGIC shares at a specific price.
- Get the latest scoop on your IGIC position: Create a watchlist to the latest updates on your position in International General Insurance Holdings shares.
Step 1: Figure out where to buy International General Insurance Holdings stock
You will need a brokerage account to access the NASDAQ market and buy IGIC shares.
Our preferred brokerage: eToro
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- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by opening an account with eToro today.
Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen your brokerage, you'll need to fill out some personal details so you are able to buy IGIC stock today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to create a new brokerage account.
- Submit your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you have filled out your info on the best stock trading app, you need to deposit funds:
Check out the tutorial below to see the process of depositing funds into your new investment account.
Step 4: Evaluate International General Insurance Holdings stock
Once you have figured out the best place to buy International General Insurance Holdings stock, it's very important to analyze their stock prior to investing, so you can understand the risk and upside.
International General Insurance Holdings shares data
International General Insurance Holdings Zen Score
WallStreetZen was designed to help part-time investors do more accurate fundamental analysis in less time.
You can view all of the due diligence checks on IGIC's stock page.
Is IGIC stock undervalued?
Analysts use many financial metrics, analyses, models, and charts to gauge IGIC's intrinsic value.
Using relative valuations ratios:
- IGIC may be undervalued based on its P/E ratio of 5.31x, relative to Insurance - Diversified industry P/E ratio of 9.66x
- IGIC may be undervalued based on its P/B ratio of 1.17x, relative to Insurance - Diversified industry P/B ratio of 1.55x
- IGIC may be undervalued based on its PEG ratio of 0.31x
You can do more valuation research on IGIC's stock here.
IGIC Financial Health Overview
Positive Financial Indicators:
- IGIC earnings of $126.05M is not enough to cover its interest payments.
- IGIC's operating cash flow of $196.61M allows it to safely service it's debt of $0.00.
- Total IGIC debt is lower than 5 years ago, relative to shareholder equity.
- IGIC profit margin has gone up from 22.4% to 25% in the past year.
Negative Financial Indicators:
- IGIC has a relatively high debt to equity ratio of 2.4.
Is International General Insurance Holdings stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 2 Equities analysts who track IGIC, the consensus analyst rating on International General Insurance Holdings is a Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the International General Insurance Holdings stock forecast page.
IGIC Momentum
Is IGIC Making Money?
Last year, IGIC earnings were $118.19M. During the past 5 year, IGIC's earnings have increased by 23.72% per year. This was slower than the Insurance - Diversified industry average of 80.65%.
Last year, IGIC revenue was $471.96M. During the last 5 year, IGIC's revenue has gone up by 6.46% per year. This was slower than the Insurance - Diversified industry average of 13.34%.
Find out more about IGIC's earnings and revenue performance here.
What are IGIC insiders up to?
Over the past 12 months, insiders at IGIC have not bought or sold any shares.
Dig into more about who owns IGIC stock here.
Can I get consistent income from IGIC stock?
No, International General Insurance Holdings doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your IGIC buy order
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally the best for newer investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular price limit, place a limit order.
Hit the Open button and your broker will place your order.
If you need more assistance buying stocks on eToro, watch the helpful video below:
Step 6: Get the latest scoop on your IGIC position
Now that you own some shares in IGIC, you'll want to stay up-to-date on your new company.
Add IGIC to a watchlist to keep tabs on your IGIC stock.
IGIC Feed
How to Buy Stock in International General Insurance Holdings
To summarize, here are the 6 steps to buy stock in International General Insurance Holdings:
- Figure out where to buy International General Insurance Holdings stock
- Create a brokerage account
- Deposit money your brokerage account
- Evaluate International General Insurance Holdings stock
- Place your IGIC buy order
- Get the latest scoop on your IGIC position
If you require a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get the latest news on your new investment in International General Insurance Holdings, get started below.
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