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 $24.40, down 1.33% from the previous day, and has increased 91.97% in one year. It has overperformed other stocks in the Insurance - Diversified industry by 0.66 percentage points. International General Insurance Holdings stock is currently +111.99% from its 52-week low of $11.51, and -9.63% from its 52-week high of $27.00.

There are currently 44.34M shares of IGIC outstanding. The market value of IGIC is $1.08B. In the past 24 hours, 171,228 IGIC shares were traded.

How to Buy International General Insurance Holdings Stock

Not sure how to invest in International General Insurance Holdings stock? Here's how.

  1. Figure out where to buy International General Insurance Holdings stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you choose where to buy International General Insurance Holdings stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit money your brokerage account: Pick your method of payment and add your details.
  4. 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 market analysis tools can help you figure out if IGIC is a good stock to buy).
  5. 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 given price.
  6. Get the latest scoop on your IGIC position: Create a watchlist to keep tabs on your investment in International General Insurance Holdings shares.

Step 1: Figure out where to buy International General Insurance Holdings stock

You will need an online brokerage account to access the NASDAQ market and buy IGIC stock.

A brokerage account enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've chosen your brokerage, the next step is to fill out some personal info so you are able to invest in IGIC today.

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  2. Enter your personal details to open your new trading account.
  1. Send your details by pressing the "Create Account" button.
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Step 3: Deposit money your brokerage account

Now that you have opened your account on the best stock investing app, you can securely and quickly fund your account:

Watch the walkthrough below if you need help depositing money into your new brokerage account.

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Step 4: Evaluate International General Insurance Holdings stock

After you have figured out the best place to buy International General Insurance Holdings stock, it's very important to analyze their stock before you buy, so you truly understand the risk and upside.

Overview of key IGIC info

IGIC Price
$24.40
1w %
-5.1%
1y %
91.97%
5y %
133.72%
P/E
7.95x
P/B
1.66x
P/S
2.05x
PEG
N/A
Revenue
$526.73M
Earnings
$138.16M
Fore. Rev. Growth
2.46%
Fore. Earn. Growth
-0.65%
Market Cap
$1.08B
Next Earnings
N/A
Next Dividend
N/A

International General Insurance Holdings Fundamentals

WallStreetZen was designed to help everyday investors do more in-depth fundamental analysis in less time.

You can view all of the due diligence checks on IGIC's stock page.

Is IGIC stock undervalued or overvalued?

Investors use many financial metrics, analyses, models, and charts to gauge IGIC's true value.

Using relative valuations ratios:

  • IGIC could be overvalued based on its P/E ratio of 7.95x, relative to Insurance - Diversified industry P/E ratio of 7.94x
  • IGIC may be overvalued based on its P/B ratio of 1.66x, relative to Insurance - Diversified industry P/B ratio of 1.57x

You can do more valuation research on IGIC's stock here.

IGIC Financial Health

Positive Financial Indicators:

  • IGIC profit margin has gone up from 22.7% to 26.2% in the past year.

Negative Financial Indicators:

  • Total IGIC debt is higher than 5 years ago, relative to shareholder equity.
  • IGIC has a relatively high debt to equity ratio of 2.09.

Is it a good time to buy International General Insurance Holdings stock, according to analysts?

Out of 2 sell side 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 forecasting on the International General Insurance Holdings stock forecast page.

IGIC Momentum

SMA10
25.47
SMA20
25.41
SMA50
22.6
SMA100
20.03
SMA200
16.95
MACD
0.64
MACD Signal
0.99
MACD Histogram
-0.35
RSI
49
Stochastic %K
24.75
Stochastic %D
42.55
StochRSI %K
1.07
StochRSI %D
8.09

IGIC Growth Numbers

Last year, IGIC earnings were $138.16M. During the past five year, IGIC's earnings have grown by 15.56% per year. This was slower than the Insurance - Diversified industry average of 31.26%.

Last year, IGIC revenue was $526.73M. During the past 5 year, IGIC's revenue has increased by 0.94% per year. This was slower than the Insurance - Diversified industry average of 10.43%.

You can research IGIC's earnings and revenue performance here.

Latest Insiders Trades at IGIC

Over the last 12 months, insiders at IGIC have not bought or sold any shares.

Dig into more about who owns IGIC shares here.

Can I rely on IGIC as an income stream?

No, International General Insurance Holdings doesn't provide an income stream by paying out dividends.

What do other investors have to say about IGIC?

One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to see what other community members have to say.

Step 5: Place your IGIC buy order

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are mostly sufficient.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a given dollar amount limit, place a limit order.

Press the Open button and eToro will place the order.

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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 company.

Create a watchlist to track the latest developments regarding your IGIC stock.

IGIC Feed

How to Buy Stock in International General Insurance Holdings

To reiterate, here are the 6 steps to buy International General Insurance Holdings stock:

  1. Figure out where to buy International General Insurance Holdings stock
  2. Create a brokerage account
  3. Deposit money your brokerage account
  4. Evaluate International General Insurance Holdings stock
  5. Place your IGIC buy order
  6. Get the latest scoop on your IGIC position

If you require a brokerage account, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to monitor your new investment in International General Insurance Holdings, add IGIC to your watchlist below.

NASDAQ: IGIC
$24.40-0.33 (-1.33%)
Updated Dec 11, 2024
Open eToro Account
NASDAQ: IGIC
$24.40-0.33 (-1.33%)
Updated Dec 11, 2024
Open eToro Account

FAQ

How much does it cost to buy one International General Insurance Holdings share?

As of Dec 11, 2024, it costs $24.40 to buy one share of International General Insurance Holdings stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.41 shares of IGIC.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy International General Insurance Holdings stock?

According to 2 Wall Street analysts who monitor International General Insurance Holdings, their consensus recommendation is to buy International General Insurance Holdings stock.

What is the best way to buy International General Insurance Holdings stock?

One way to place an order for International General Insurance Holdings stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.