IGIC Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

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Price $24.62
Market Cap $1.05B
P/E 8.5
EPS $2.89
Revenue $517M
Div Yield 4.4%
ROE 18.6%
52W Range $21–$30

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10-Year Performance Revenue, net income, margins and EPS trends

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Revenue$517M
2017-12-31 → 2025-12-31
EPS$2.89
2021-12-31 → 2025-12-31
Free Cash Flow$107M
2019-12-31 → 2025-12-31
Net margin24.6%
2019-12-31 → 2025-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend IGIC 5Y avg Peer Median Verdict
P/E 8.55Y avg ≈6.9 ≈6.9 · ·
P/S 2.05Y avg ≈1.7 ≈1.7 · ·
P/B 1.55Y avg ≈1.4 ≈1.4 · ·
Price / FCF 9.85Y avg ≈6.1 ≈6.1 · ·
Price / Cash Flow 9.85Y avg ≈6.0 ≈6.0 · ·
Price / Tangible Book 1.55Y avg ≈1.4 ≈1.4 · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Dividends Yield, payout ratio, dividend history, 5Y CAGR

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Dividend Yield4.4%
Payout Ratio36.3%
Annualized Payout≈$0.30Paid quarterly
Growth Streak≈2Consecutive years of dividend growth
Ex-dateAmountCurrencyYield
Aug 18, 2026$0.08USD≈5.2%
May 28, 2026$0.08USD≈5.6%
Mar 18, 2026$1.15USD≈13.3%
Mar 13, 2026$0.05USD≈8.2%
Dec 17, 2025$0.05USD≈7.5%
Aug 29, 2025$0.05USD≈7.7%
Jun 2, 2025$0.05USD≈7.9%
Apr 4, 2025$1.73USD≈8.0%
Dec 3, 2024$0.03USD≈2.3%
Aug 30, 2024$0.03USD≈3.1%
Jun 3, 2024$0.03USD≈3.9%
Mar 28, 2024$0.51USD≈4.0%
Nov 29, 2023$0.01USD≈0.34%
Aug 30, 2023$0.01USD≈0.38%
Jun 1, 2023$0.01USD≈0.43%
Apr 5, 2023$0.01USD≈0.49%
Nov 28, 2022$0.01USD≈2.8%
Sep 1, 2022$0.01USD≈2.7%
Jun 3, 2022$0.01USD≈4.7%
Apr 4, 2022$0.19USD≈4.5%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

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Avg Surprise -13.2%
Next Report Nov 02, 2026
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 Aug 5, 2026 $0.44 $0.67 -34.3%
March 31, 2026 May 14, 2026 $0.56 $0.72 -22.1%
Dec. 31, 2025 $0.80 $0.81 -1.3%
Sept. 30, 2025 $0.87 $0.93 -6.3%
June 30, 2025 $0.51 $0.54 -4.8%
March 31, 2025 $0.42 $0.47 -10.5%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

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Income Statement 14
Metric Trend 20252024202320222021202020192018
Revenue $517M$539M$499M$393M$350M$842.0K$1M$2M
Gross Profit ···$85M$44M$27M··
SG&A Expense $97M$90M$79M$67M$58M$47M$39M$211.0K
Operating Expenses $390M$407M$373M$301M····
Operating Income ··$-346M$-306M$-302M···
Interest Income $54M$51M$40M$20M$14M$12M$11M$10M
Pretax Income $127M$132M$126M$92M$49M$29M$25M$26M
Income Tax $-10.0K$-3M$8M$3M$2M$2M$2M$62.0K
Net Income $127M$135M$118M$89M$47M$27M··
EPS (Basic) $2.92$3.01$2.58$1.85$0.98···
EPS (Diluted) $2.89$2.98$2.55$1.84$0.98···
Shares (Basic) 43,279,58044,234,96442,943,53545,546,26245,470,95743,047,91534,292,26335,093,688
Shares (Diluted) 43,670,05444,739,34043,468,87645,667,13445,541,017···
EBITDA $4M$3M$-343M$3M$3M$2M$1M·
Balance Sheet 18
Metric Trend 20252024202320222021202020192018
Cash & Equivalents $186M$155M$177M$122M$242M$133M$192M$185M
Short-term Investments ··$42M$266M····
Current Assets ······$952.7K$794.5K
PP&E (Net) ···$13M$15M$13M$13M$12M
Goodwill ····$41.0K···
Intangibles ···$4M$4M$5M$4M$3M
Total Assets $2.10B$2.04B$1.84B$1.58B$1.45B$1.28B$1.01B$903M
Accounts Payable ···$10M$11M$5M$2M$2M
Current Liabilities ······$7M$7M
Total Liabilities $1.39B$1.38B$1.30B$1.17B$1.05B$898M$697M$602M
Common Stock $428.0K$453.0K$445.0K$460.0K····
Paid-in Capital $87M$145M$138M$148M··$3M·
Retained Earnings $613M$532M$423M$307M$233M$205M$182M$169M
Treasury Stock $35.0K$4M$49.0K$14.0K····
AOCI $10M$-19M$-21M$-44M····
Stockholders' Equity $710M$655M$540M$411M$381M$358M$312M$301M
Liabilities + Equity $2.10B$2.04B$1.84B$1.58B····
Shares Outstanding 42,842,21645,108,93644,500,87946,013,309····
Cash Flow 13
Metric Trend 20252024202320222021202020192018
D&A $4M$3M$3M$3M$3M$2M$1M$869.0K
Stock-based Comp $7M$5M$3M$2M$1M···
Deferred Tax $2M$-3M$1M$-307.0K$-462.0K···
Other Non-cash $-32M$69M$71M$-174M$124M$-94M$-3M·
Operating Cash Flow $108M$209M$197M$155M$175M$-91M$21M$104M
CapEx $944.0K$7M$3M$1M$2M$344.0K$443.0K$415.0K
Investing Cash Flow $36M$-187M$-90M$-247M$-51M$-2M$-1M$-1M
Stock Repurchased $62M$23M$31M$2M····
Net Stock Activity $-62M$-23M$-31M·····
Dividends Paid $46M$27M$2M$10M$15M$4M$11M$4M
Financing Cash Flow $-107M$-50M$-49M$-13M$-15M$36M$-16M$-19M
Taxes Paid $321.0K$5M$7M·····
Free Cash Flow $107M$203M$193M·$128M$-91M$21M·
Profitability 8
Metric Trend 20252024202320222021202020192018
Gross Margin ···15945.0%····
Operating Margin ··-73.3%·····
Net Margin 24.6%25.1%25.0%15945.0%619.1%200.7%1835.5%·
Pretax Margin 24.6%24.5%26.7%16367.0%10446.7%3482.9%1966.9%·
EBITDA Margin 0.69%0.63%-72.8%561.6%646.7%235.2%100.4%·
ROA 6.1%7.0%6.9%5.7%0.20%0.15%2.5%·
ROE 18.6%22.6%24.9%21.1%0.71%0.49%7.7%·
ROIC ··-60.0%·····
Liquidity & Solvency 2
Metric Trend 20252024202320222021202020192018
Current Ratio ······0.1·
Quick Ratio ······27.5·
Efficiency 1
Metric Trend 20252024202320222021202020192018
Asset Turnover 0.20.30.30.00.00.00.0·
Per Share 6
Metric Trend 20252024202320222021202020192018
Book Value / Share $16.58$14.52$12.14·····
Revenue / Share $11.84$12.05$10.86·····
Cash Flow / Share $2.48$4.68$4.52·····
Cash / Share $4.35$3.44$3.98·····
Dividend Paid / Share $1.02$0.59$0.04$0.22$0.33···
EPS (TTM) $2.89$2.98$2.55$1.84$0.98···
Valuation (TTM) 13
Metric Trend 20252024202320222021202020192018
Revenue TTM $517M$539M$499M$393M$350M$842.0K$1M·
Net Income TTM $127M$135M$118M$89M$47M$27M··
Market Cap $1.07B$1.07B$573M·····
P/E 8.78.05.14.38.3···
P/S 2.12.01.1·····
P/B 1.51.61.1·····
P / Tangible Book 1.51.61.1·····
P / Cash Flow 9.95.12.9·····
P / FCF 10.05.33.0·····
Dividend Yield 4.3%2.5%0.31%·····
Earnings Yield 11.5%12.5%19.8%23.0%12.1%···
Payout Ratio 36.3%19.6%1.5%12.7%598.2%258.0%45.9%·
Annual Payout $46M$27M$2M$10M$15M$4M$11M·

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

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Metric 2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $517M $539M $499M $393M $350M
Gross Margin % · · · 15945.0% ·
Operating Margin % · · -73.3% · ·
Net Income $127M $135M $118M $89M $47M
Diluted EPS $2.89 $2.98 $2.55 $1.84 $0.98

Institutional owners (13F) 78 filers · $197.3M total · As of June 30, 2026

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Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 78
Value held $197.3M
New positions 14
Exited positions 6
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
14 (+2 vs prior Q) 6 (-4 vs prior Q) 22 (+2 vs prior Q) 20 (-5 vs prior Q) +549K

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
ROYCE & ASSOCIATES LP $86,023,107 3,287,730 43.61% Shares
GILDER GAGNON HOWE & CO LLC $31,654,996 1,209,591 16.05% Shares
Diamond Hill Capital Management, LLC (Investment Advisor) $13,772,748 526,280 6.98% Shares
Russell Investments Group, Ltd. $12,310,000 470,385 6.24% Shares
HEARTLAND ADVISORS INC $7,851,000 300,000 3.98% Shares
Shay Capital LLC $5,912,771 225,937 3.00% Shares
RENAISSANCE TECHNOLOGIES LLC $3,603,609 137,700 1.83% Shares
CITADEL ADVISORS LLC $3,287,816 125,633 1.67% Shares
Hingham Institution for Savings $2,104,068 80,400 1.07% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $2,041,260 78,000 1.03% Call option
JANE STREET GROUP, LLC $1,836,611 70,180 0.93% Shares
Legal & General Group Plc $1,755,641 67,086 0.89% Shares
NEW VERNON INVESTMENT MANAGEMENT LLC $1,551,017 59,267 0.79% Shares
GEODE CAPITAL MANAGEMENT, LLC $1,279,713 48,900 0.65% Shares
VICTORY CAPITAL MANAGEMENT INC $1,268,355 48,466 0.64% Shares
FRANKLIN RESOURCES INC $1,256,814 48,025 0.64% Shares
Expect Equity LLC $1,187,150 45,363 0.60% Shares
CITADEL ADVISORS LLC $1,167,182 44,600 0.59% Call option
XTX Topco Ltd $1,116,203 42,652 0.57% Shares
RAYMOND JAMES FINANCIAL INC $1,030,313 39,370 0.52% Shares
GOLDMAN SACHS GROUP INC $1,020,133 38,981 0.52% Shares
WESTWOOD HOLDINGS GROUP INC $985,509 37,658 0.50% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $957,822 36,600 0.49% Put option
Beacon Pointe Advisors, LLC $879,600 33,611 0.45% Shares
MORGAN STANLEY $853,462 32,612 0.43% Shares
TWO SIGMA INVESTMENTS, LP $643,965 24,607 0.33% Shares
Sageworth Trust Co of South Dakota $641,427 24,510 0.33% Shares
CM WEALTH ADVISORS LLC $590,291 22,556 0.30% Shares
CORSAIR CAPITAL MANAGEMENT, L.P. $536,930 20,517 0.27% Shares
CITADEL ADVISORS LLC $450,124 17,200 0.23% Put option
Vident Advisory, LLC $444,733 16,994 0.23% Shares
Quadrature Capital Ltd $444,628 16,990 0.23% Shares
ENVESTNET ASSET MANAGEMENT INC $426,743 16,307 0.22% Shares
PNC Financial Services Group, Inc. $418,720 16,000 0.21% Shares
Cubist Systematic Strategies, LLC $411,552 17,739 0.21% Shares
D. E. Shaw & Co., Inc. $407,833 15,584 0.21% Shares
JANE STREET GROUP, LLC $400,401 15,300 0.20% Call option
Trexquant Investment LP $387,368 14,802 0.20% Shares
R Squared Ltd $378,366 14,458 0.19% Shares
MILLENNIUM MANAGEMENT LLC $342,304 13,080 0.17% Shares
NORTHERN TRUST CORP $330,815 12,641 0.17% Shares
UBS Group AG $316,212 12,083 0.16% Shares
Militia Capital Management LLC $308,073 11,772 0.16% Shares
OSAIC HOLDINGS, INC. $297,624 11,377 0.15% Shares
Catalyst Capital Advisors LLC $265,626 10,150 0.13% Shares
IHT Wealth Management, LLC $244,691 9,350 0.12% Shares
Squarepoint Ops LLC $244,375 9,338 0.12% Shares
SEIZERT CAPITAL PARTNERS, LLC $226,004 8,636 0.11% Shares
Orion Portfolio Solutions, LLC $221,801 9,335 0.11% Shares
Clearbridge Investments, LLC $208,990 7,986 0.11% Shares

Show all 78 institutional owners →

Activists & 5%+ owners 3 positions

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Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
Oman International Development & Investment Co. SAOG ×3 filings Aug. 3, 2026 21.40% Amendment Passive investment SEC
Wasef Jabsheh, W. Jabsheh Investment Co. Ltd. ×12 filings March 24, 2026 33.98% Amendment · SEC
Michael T. Gray May 13, 2020 · Initial filing · SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

Company insiders 4 insiders · 4 officers · 1 directors

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Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Walid Jabsheh President and CEO July 7, 2026 A 578,577 0 0 $0
Andreas Costas Loucaides CEO, IGI UK July 7, 2026 A 37,932 0 0 $0
Pervez Rizvi Chief Financial Officer July 7, 2026 A 138,008 0 0 $0
Christopher Jarvis Chief Underwriting Officer July 7, 2026 A 44,868 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

IGIC Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

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rating · 9 analysts BUY
Median target $31.00 +25.9%
3 33.3% Strong Buy
4 44.4% Buy
2 22.2% Hold
0 0.0% Sell
0 0.0% Strong Sell

12-Month Price Target

2 analysts · 2026-10-02

Mean target $31.00 +25.9%

← Below all targets Current price $24.62
Low$30.00 Mean$31.00 High$32.00

Trading Signals Recent buy/sell signals with entry price and risk/reward ratio

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No open signal right now — no card is filled, and that's honest.

My Metrics Your personal watchlist — selected rows from Full Fundamentals

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Source: SEC 20-F/A filed Apr 23, 2026