International General Insurance (IGIC) Projected to Post Earnings on Tuesday

International General Insurance (NASDAQ:IGIC) is anticipated to post its quarterly earnings results after the market closes on Tuesday, February 25th. Analysts expect International General Insurance to post earnings of $0.88 per share and revenue of $136.20 million for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

International General Insurance Trading Up 0.3 %

NASDAQ IGIC opened at $26.77 on Tuesday. The company has a fifty day simple moving average of $24.55 and a 200 day simple moving average of $21.76. International General Insurance has a 12-month low of $11.51 and a 12-month high of $27.00. The company has a market cap of $1.23 billion, a P/E ratio of 8.75 and a beta of 0.27.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Oppenheimer began coverage on shares of International General Insurance in a research report on Thursday, November 21st. They issued an “outperform” rating and a $30.00 price target for the company. Royal Bank of Canada boosted their price target on shares of International General Insurance from $22.00 to $26.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th.

International General Insurance Company Profile

International General Insurance Holdings Ltd. engages in the provision of specialty insurance and reinsurance solutions worldwide. The company operates through three segments: Specialty Long-tail, Specialty Short-tail, and Reinsurance. It is involved in underwriting a portfolio of specialty risks, including energy, property, construction and engineering, ports and terminals, general aviation, political violence, professional lines, financial institutions, motor, marine liability, contingency, marine, treaty, and casualty insurance and reinsurance.