RBC keeps Buy rating for International General Insurance Holdings stock
Published on 10/16/2026 at 02:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and reporting dates
- RBC Capital maintained a Buy rating and a USD 30.00 target on October 12, 2026.
- Second-quarter revenue reached USD 142.50 million, versus USD 142.97 million a year earlier.
- International General Insurance Holdings will release third-quarter results on November 3, 2026.
International General Insurance Holdings (BMG4809J1062) remains covered with a Buy rating and a USD 30.00 price target after RBC Capital maintained its view on October 12, 2026, according to Markets Insider. The next results date gives the analyst view a concrete test.
Second-quarter profit sets the base
For the quarter ending June 30, 2026, International General Insurance Holdings reported revenue of USD 142.50 million and net profit of USD 20.90 million, according to Markets Insider. Revenue was USD 142.97 million in the same quarter a year earlier, while net profit was USD 34.15 million. The comparison puts the USD 30.00 target alongside a lower year-over-year profit base.
The company writes specialty insurance and reinsurance for complex risks, including marine, energy and political violence. Its investor page identifies the business as NASDAQ-listed under ticker IGIC and describes operations across international offices, including London, Bermuda and Amman.
Three dated company developments
On August 4, 2026, International General Insurance Holdings reported second-quarter and first-half unaudited results and declared an ordinary common share dividend, according to StockTitan.
On September 1, 2026, the company announced Cipher, a specialty treaty reinsurance platform focused on cyber risks, according to StockTitan.
On October 7, 2026, President and CEO Walid Jabsheh purchased 24 common shares at USD 24.7867 per share and received a separate 24-share matching award, as reported by StockTitan.
What does November 3 mean?
International General Insurance Holdings is scheduled to release third-quarter and nine-month 2026 results on November 3, 2026, after the market closes, according to International General Insurance. MarketBeat lists a conference call for November 4, 2026, at 9:00 a.m. ET and reports consensus estimates of USD 0.6560 earnings per share and USD 121.50 million in revenue, according to MarketBeat. The estimates imply a lower revenue figure than the USD 142.50 million reported for the second quarter.
Analyst target and next dates
RBC Capital's October 12, 2026 view leaves the USD 30.00 target unchanged, while the scheduled November reporting cycle will provide the next operating update. The central comparison is between second-quarter profit of USD 20.90 million and the prior-year USD 34.15 million.
Results now define the next test
International General Insurance Holdings enters the November reporting date with a USD 30.00 RBC Capital target, second-quarter revenue of USD 142.50 million and a recent 24-share executive purchase.
Market context: Market report Nasdaq Composite.
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