Analyzing International General Insurance (NASDAQ:IGIC) & Everest Group (NYSE:EG)

International General Insurance (NASDAQ:IGIC) and Everest Group (NYSE:EG) are both finance companies, but which is the superior investment? We will compare the two businesses based on the strength of their analyst recommendations, dividends, profitability, valuation, earnings, risk and institutional ownership.

Risk & Volatility

International General Insurance has a beta of 0.12, suggesting that its share price is 88% less volatile than the S&P 500. Comparatively, Everest Group has a beta of 0.31, suggesting that its share price is 69% less volatile than the S&P 500.

Insider and Institutional Ownership

54.2% of International General Insurance shares are held by institutional investors. Comparatively, 92.6% of Everest Group shares are held by institutional investors. 20.1% of International General Insurance shares are held by insiders. Comparatively, 0.7% of Everest Group shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Earnings and Valuation

This table compares International General Insurance and Everest Group”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
International General Insurance	$516.90 million	2.04	$127.15 million	$2.77	8.90
Everest Group	$17.50 billion	0.72	$1.59 billion	$49.17	6.46

Everest Group has higher revenue and earnings than International General Insurance. Everest Group is trading at a lower price-to-earnings ratio than International General Insurance, indicating that it is currently the more affordable of the two stocks.

Analyst Recommendations

This is a breakdown of current ratings and target prices for International General Insurance and Everest Group, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
International General Insurance	0	0	2	0	3.00
Everest Group	0	12	5	0	2.29

International General Insurance currently has a consensus target price of $28.00, indicating a potential upside of 13.59%. Everest Group has a consensus target price of $373.73, indicating a potential upside of 17.58%. Given Everest Group’s higher possible upside, analysts clearly believe Everest Group is more favorable than International General Insurance.

Profitability

This table compares International General Insurance and Everest Group’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
International General Insurance	23.68%	17.68%	5.67%
Everest Group	11.76%	14.70%	3.63%

Dividends

International General Insurance pays an annual dividend of $0.30 per share and has a dividend yield of 1.2%. Everest Group pays an annual dividend of $8.00 per share and has a dividend yield of 2.5%. International General Insurance pays out 10.8% of its earnings in the form of a dividend. Everest Group pays out 16.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. International General Insurance has raised its dividend for 2 consecutive years and Everest Group has raised its dividend for 1 consecutive years.

Summary

International General Insurance beats Everest Group on 9 of the 17 factors compared between the two stocks.

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. The company was founded in 2001 and is based in Amman, Jordan.

About Everest Group

Everest Group, Ltd., through its subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally. The company operates through two segment, Insurance and Reinsurance. The Reinsurance segment writes property and casualty reinsurance; and specialty lines of business through reinsurance brokers, as well as directly with ceding companies in the United States, Bermuda, Ireland, Canada, Singapore, Switzerland, and the United Kingdom. The Insurance Operations segment writes property and casualty insurance directly, as well as through brokers, surplus lines, and general agents in the United States, Bermuda, Canada, Europe, South America, Singapore, France, Germany, Spain, Canada, Chile, the United Kingdom, Ireland, and the Netherlands. The company also provides treaty and facultative reinsurance products; admitted and non-admitted insurance products; and accident and health, specialty underwriters, eversports and entertainment, and surety and credit, marine and aviation, as well as structured and property hybrid solutions. In addition, it offers commercial property and casualty insurance products through wholesale and retail brokers, surplus lines brokers, and program administrators. The company was formerly known as Everest Re Group, Ltd. and changed its name to Everest Group, Ltd. in July 2023.Everest Group, Ltd., was founded in 1973 and is headquartered in Hamilton, Bermuda.