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 $23.86, down 3.56% from the previous day, and has increased 80.08% in one year. It has overperformed other stocks in the Insurance - Diversified industry by 0.63 percentage points. International General Insurance Holdings stock is currently +85.97% from its 52-week low of $12.83, and -14.05% from its 52-week high of $27.76.
At the moment, there are 45.11M IGIC shares outstanding. The market value of IGIC is $1.08B. In the past 24 hours, 168,428 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
Based on our experience, eToro is the best brokerage. eToro gives you:
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- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
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- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by opening an account with eToro today. This offer is only for US users.
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 Due Diligence 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 7.93x, relative to Insurance - Diversified industry P/E ratio of 10.55x
- IGIC may be undervalued based on its P/B ratio of 1.64x, relative to Insurance - Diversified industry P/B ratio of 1.66x
You can do more valuation research on IGIC's stock here.
A look at IGIC Cashflows and Balance Sheet
Positive Financial Indicators:
- IGIC's operating cash flow of $209.47M allows it to safely service it's debt of $0.00.
- IGIC profit margin has gone up from 23.7% to 25.1% in the past year.
- IGIC earnings of $132.29M is not enough to cover its interest payments.
- Total IGIC debt is lower than 5 years ago, relative to shareholder equity.
Negative Financial Indicators:
- IGIC has a relatively high debt to equity ratio of 2.11.
Is IGIC stock a Buy, Hold, or Sell, according to analysts?
Out of 2 Equities analysts who give forecasts on IGIC, the consensus analyst rating on IGIC is a Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the International General Insurance Holdings stock forecast page.
IGIC Technicals
IGIC Growth Numbers
Last year, IGIC earnings were $135.15M. In the last 5 year, IGIC's earnings have grown by 34.26% per year. This was faster than the Insurance - Diversified industry average of 4.7%.
Last year, IGIC revenue was $539.01M. During the last five year, IGIC's revenue has gone up by 20.12% per year. This was faster than the Insurance - Diversified industry average of 4.99%.
Find out more about IGIC's earnings and revenue performance here.
Are IGIC executives and large shareholders buying or selling the stock?
In the last 12 months, insiders at IGIC have not bought or sold any shares.
Learn more about who owns IGIC stock here.
Does IGIC stock generate passive income?
International General Insurance Holdings pays a dividend of 3.67%, compared to the Insurance - Diversified industry's average dividend yield of 3.51%. If you owned $1,000 of IGIC stock, you would have received $36.67 last year.
International General Insurance Holdings dividend payments have consistently grown over the past 5 years but have not remained stable.
Get more analysis about International General Insurance Holdings dividend yield and history here.
What do other traders have to say about IGIC?
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other traders 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 security at the best price on the market.
Market orders are mostly fine for most investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a particular price, place a limit order.
Click the Open Trade button and your broker will execute your order.
If you want additional help buying stocks on eToro, click the helpful video below:
Step 6: Get the latest scoop on your IGIC position
Now that you own some IGIC stock, you'll want to stay up-to-date on your company.
Put IGIC on a watchlist to keep tabs on your IGIC stock.
IGIC Feed
How to Buy Stock in International General Insurance Holdings
To reiterate, 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 need a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get notifications regarding your new investment in International General Insurance Holdings, create a watchlist on WallStreetZen today.
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