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IGICInternational General InsuranceSell6.3·$24.27
SellModerate Confidence
Investment thesis

The stock screens as attractively valued at a forward price-to-earnings multiple of 7.9x with a stated 40% margin of safety, yet consecutive earnings misses in three of the last four quarters, declining revenue, an elevated put/call ratio of 1.67, and an analyst target that has already been reached leave the investment case fragile — cheap valuation alone is insufficient when the earnings trajectory is deteriorating and the options market is positioned defensively.

Thesis pillars

  • Attractive Valuation Safety Margin→Stable
  • Recurring Earnings Misses↑Improving
  • Revenue Decline Limits Recovery↑Improving
  • +1 more pillar — see the Why tab for full reasoning

Pillars as of Jul 3, 2026· older than 90 days

Full reasoning →

Open full analysis

International General Insurance (IGIC) Stock Analysis

Inst Constrain edge

SellValueGrowthQualityModerate Confidence

Financial Services · Insurance - Diversified

Sell if holding. Multiple concerning factors at $24.27: Thin upside margin: 8.6%; Consecutive earnings misses (2).

International General Insurance Holdings Ltd. engages in the provision of specialty insurance and reinsurance solutions in the United Kingdom, Europe, Central and South America, the Middle East and Africa. The company operates through three segments: Specialty Long-tail,... Read more

$24.27+8.6% A.UpsideScore 6.3/10#5 of 12 Insurance - Diversified
QualityF-score7 / 9FCF yield—
IncomeYield1.20%(5y avg 0.59%)Payout9.03%sustainable
Stop $23.21Analyst target $26.35(−15% haircut)A.R:R 1.7:1
Analyst consensus$31.00+27.7%2 analysts with price targets
$26.35Analyst target
$24.27price
$31.00mean
$32

Sell if holding. Multiple concerning factors at $24.27: Thin upside margin: 8.6%; Consecutive earnings misses (2). Chart setup: No clear chart pattern; technical signals are mixed. Score 6.3/10, moderate confidence.

Passes 7/8 gates (positive momentum, favorable risk/reward ratio, clean insider activity, no SEC red flags, earnings proximity 110d clear, semi cycle peak clear, materials cycle peak clear). Suitability: aggressive.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated Nov 4, 2026

Recent Developments — International General Insurance

Latest item Nov 4, 2026 · Generated 2026-11-05T11:34:08Z.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Tue, Feb 23, 2027110d to earnings· next earnings call

Thesis

Rewards
Sector modifier (Financial Services): +1.0
Attractive valuation
Risks
Thin upside margin: 8.6%
Consecutive earnings misses (2)

Key Metrics

P/E (TTM)10.1
P/E (Fwd)8.0
Mkt Cap$1.0B
EV/EBITDA6.6
Profit Mgn20.7%
ROE16.3%
Rev Growth8.0%
Beta0.07
Dividend1.20%
Analysts with ratings9

Quality Signals

Piotroski F7/9MoatNarrow

Options Flow

P/C0.03bullish
IV81%elevated

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

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Conflicts and positions. People who build TrendMatrix, or entities they control, may hold positions, long or short, in securities it covers, and may trade them at any time. Positions are not disclosed individually. Verdicts are generated by an automated model applied by the same rules to every covered stock, and are not adjusted for any position held by the people who build TrendMatrix. We do not accept payment from issuers for coverage.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

1 ceiling hit

GatesMomentum 4.5<5.5 (soft — BUY_NOW allowed but watch)Momentum 4.5>=4.5A.R:R 1.7 ≥ 1.5Insider activity: OKNo SEC red flagsEARNINGS PROXIMITY 110d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Aggressive
RSI
47 · Neutral
↓ 20D MA↓ 50D MA↓ 200D MADEATH CROSSSupport $23.90Resistance $25.41

Price Targets

$23
$26
A.Upside+8.6%
A.R:R1.7:1

Position Sizing

ConvictionNone
Suggested %0%
Max %0%
RegimeRisk-Off

Risk Alerts

! News modifier -1: HOLD_IF_HOLDING → SELL_IF_HOLDING

Earnings

B
B
M
M
2/4 beats
Next Earnings2027-02-23 (110d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is IGIC stock a buy right now?

Sell if holding. Multiple concerning factors at $24.27: Thin upside margin: 8.6%; Consecutive earnings misses (2). Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $23.21. Score 6.3/10, moderate confidence.

What is the IGIC stock price target?

Analyst target: $26.35 (+8.6% upside). Prior stop was $23.21. Stop-loss: $23.21.

What are the risks of investing in IGIC?

Thin upside margin: 8.6%; Consecutive earnings misses (2).

Is IGIC overvalued or undervalued?

International General Insurance trades at a P/E of 10.1 (forward 8.0). TrendMatrix value score: 9.3/10. Verdict: Sell.

What do analysts say about IGIC?

9 analysts rate IGIC, with a consensus score of 4.1/5. 2 analysts publish price targets averaging $31.

What does International General Insurance do?International General Insurance Holdings Ltd. engages in the provision of specialty insurance and reinsurance solutions...

International General Insurance Holdings Ltd. engages in the provision of specialty insurance and reinsurance solutions in the United Kingdom, Europe, Central and South America, the Middle East and Africa. 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, marine, and treaty reinsurance. The company was founded in 2001 and is based in Amman, Jordan.

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