International General Insurance (IGIC) Scheduled to Post Earnings on Thursday
Intercontinental General Insurance policy (NASDAQ:IGIC – Get Rating) will submit its quarterly earnings outcomes just after the current market closes on Thursday, May 19th.
Worldwide Common Insurance plan (NASDAQ:IGIC – Get Rating) final posted its earnings outcomes on Thursday, March 3rd. The firm noted $.28 earnings for every share for the quarter. The firm experienced profits of $89.20 million for the quarter. Intercontinental Standard Coverage experienced a return on fairness of 12.70% and a internet margin of 12.04%.
Worldwide General Insurance plan inventory opened at $7.80 on Thursday. The organization has a current market capitalization of $381.30 million, a rate-to-earnings ratio of 8.08 and a beta of .36. Worldwide Common Insurance coverage has a fifty-two week low of $6.75 and a fifty-two week significant of $9.69. The agency has a fifty working day going normal price of $7.54.
The enterprise also not too long ago disclosed a Semi-Once-a-year dividend, which was paid on Wednesday, April 20th. Traders of record on Tuesday, April 5th were being paid out a dividend of $.19 per share. The ex-dividend date was Monday, April 4th. This represents a dividend produce of 5.2%. This is a favourable change from Global Standard Insurance’s preceding Semi-Yearly dividend of $.16. Worldwide Basic Insurance’s dividend payout ratio (DPR) is presently 41.76%.
A hedge fund a short while ago lifted its stake in International Basic Insurance policy inventory. Morgan Stanley lifted its stake in shares of Global Standard Insurance Holdings Ltd. (NASDAQ:IGIC – Get Rating) by 40.2% all through the 2nd quarter, in accordance to the company in its most the latest disclosure with the Securities & Exchange Commission. The fund owned 16,371 shares of the company’s stock just after obtaining an further 4,696 shares for the duration of the time period. Morgan Stanley’s holdings in Intercontinental Basic Insurance plan were worthy of $153,000 as of its most the latest SEC submitting. Institutional investors and hedge money own 60.22% of the company’s stock.
About Global Common Insurance policies (Get Rating)
Global Common Insurance policy Holdings Ltd. offers specialty insurance and reinsurance alternatives around the world. The enterprise operates through three segments: Specialty Extended-tail, Specialty Small-tail, and Reinsurance. It underwrites a diversified portfolio of specialty hazards, which include vitality, assets, design and engineering, ports and terminals, normal aviation, political violence, casualty, fiscal institutions, marine, contingency, and treaty reinsurance.
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