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

International General Insurance (NASDAQ:IGIC) will likely be releasing its earnings data 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. Persons interested in registering for the company’s earnings conference call can do so using this link.

International General Insurance Trading Down 2.2 %

IGIC opened at $25.96 on Friday. International General Insurance has a 12-month low of $11.51 and a 12-month high of $27.66. The firm has a market capitalization of $1.19 billion, a PE ratio of 8.48 and a beta of 0.27. The firm has a 50 day moving average of $24.74 and a two-hundred day moving average of $22.02.

Analyst Upgrades and Downgrades

IGIC has been the subject of several recent research reports. Royal Bank of Canada lifted their target price on shares of International General Insurance from $22.00 to $26.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. Oppenheimer started coverage on shares of International General Insurance in a report on Thursday, November 21st. They issued an “outperform” rating and a $30.00 price target for the company.

About International General Insurance

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.