Head-To-Head Analysis: International General Insuranc (NASDAQ:IGIC) and Assurant (NASDAQ:AIZ)
International General Insuranc (NASDAQ:IGIC) and Assurant (NYSE:AIZ) are both finance companies, but which is the better investment? We will compare the two companies based on the strength of their analyst recommendations, valuation, dividends, profitability, earnings, institutional ownership and risk.
This table compares International General Insuranc and Assurant’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|International General Insuranc||N/A||13.52%||4.87%|
International General Insuranc has a beta of 0.16, meaning that its share price is 84% less volatile than the S&P 500. Comparatively, Assurant has a beta of 0.62, meaning that its share price is 38% less volatile than the S&P 500.
Earnings & Valuation
This table compares International General Insuranc and Assurant’s top-line revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|International General Insuranc||$228.92 million||1.41||$23.57 million||N/A||N/A|
|Assurant||$10.09 billion||0.69||$382.60 million||$8.55||13.71|
Assurant has higher revenue and earnings than International General Insuranc.
This is a summary of current ratings and recommmendations for International General Insuranc and Assurant, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|International General Insuranc||0||0||1||0||3.00|
Assurant has a consensus price target of $148.67, indicating a potential upside of 26.78%. Given Assurant’s higher probable upside, analysts clearly believe Assurant is more favorable than International General Insuranc.
Insider & Institutional Ownership
10.5% of International General Insuranc shares are owned by institutional investors. Comparatively, 94.7% of Assurant shares are owned by institutional investors. 20.1% of International General Insuranc shares are owned by company insiders. Comparatively, 0.6% of Assurant shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
International General Insuranc pays an annual dividend of $0.36 per share and has a dividend yield of 5.4%. Assurant pays an annual dividend of $2.52 per share and has a dividend yield of 2.1%. Assurant pays out 29.5% of its earnings in the form of a dividend. Assurant has increased its dividend for 15 consecutive years.
Assurant beats International General Insuranc on 8 of the 14 factors compared between the two stocks.
About International General Insuranc
International General Insurance Holdings Ltd. provides specialty insurance and reinsurance solutions worldwide. The company operates through three segments: Specialty Long-tail, Specialty Short-tail, and Reinsurance segments. It offers a portfolio of specialty lines insurance products and services for energy, property, construction and engineering, ports and terminals, general aviation, political violence, casualty, financial institutions, and marine liability. The company was founded in 2001 and is based in Amman, Jordan.
Assurant, Inc., through its subsidiaries, provides risk management solutions for housing and lifestyle markets in North America, Latin America, Europe, and the Asia Pacific. The company operates through three segments: Global Housing, Global Lifestyle, and Global Preneed. Its Global Housing segment provides lender-placed homeowners, manufactured housing, and flood insurance; and renters insurance and related products, as well as voluntary manufactured housing insurance, homeowners insurance, and other products. The Global Lifestyle segment offers mobile device protection products and related services, and extended service contracts for consumer electronics and appliances, as well as assistance services; vehicle protection and related services; and credit and other insurance services. Its Global Preneed segment provides pre-funded funeral insurance and annuity products. The company was formerly known as Fortis, Inc. and changed its name to Assurant, Inc. in February 2004. Assurant, Inc. was founded in 1892 and is headquartered in New York, New York.
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