Insurance Australia Group (IAG.AX) Stock Price
Insurance Australia Group Price
Revenue has compounded at 4.8% per year over the past 19 years to 19.37 B AUD. Earnings per share have grown at 1.5% per year over the last 19 years. Insurance Australia Group's net margin stands at 5.3%, broadly stable from 4.6% several years earlier. Insurance Australia Group currently offers a dividend yield of about 1.63%. The payout ratio is around 74% of earnings. Analysts set a median price target of 8.47 AUD, implying 4.1% above the current price. Of 14 analysts, 10 rate the stock a buy — an overall Buy consensus.
Insurance Australia Group stock price
Insurance Australia Group business model & stock analysis
Frequently asked questions about Insurance Australia Group
The business model of Insurance Australia Group Ltd (IAG) focuses on providing insurance solutions to customers across various sectors. As one of the leading insurers in Australia, IAG offers a wide range of insurance products and services, including car insurance, home insurance, business insurance, and more. With a customer-centric approach, IAG aims to meet the diverse needs of individuals, businesses, and communities, ensuring financial protection and peace of mind. By leveraging its extensive network and strong industry partnerships, IAG strives to deliver innovative and competitive insurance solutions for its customers, solidifying its position in the insurance market.
Insurance Australia Group Ltd is primarily active in the insurance industry.
The main competitors of Insurance Australia Group Ltd in the market include Suncorp Group Limited, QBE Insurance Group Limited, and Allianz Australia Limited.
Insurance Australia Group Ltd (IAG) is a leading insurance company in Australia. Established in 1925, IAG has a rich history and extensive experience in the insurance industry. Over the years, IAG has grown both organically and through acquisitions, becoming one of the largest general insurance providers in the region. With a customer-focused approach, IAG offers a wide range of insurance products and services tailored to meet the diverse needs of individuals, businesses, and communities. As a market leader, IAG is committed to providing reliable and comprehensive insurance solutions, ensuring peace of mind and financial security for its policyholders.
Insurance Australia Group Ltd (IAG) has achieved several significant milestones throughout its history. Notably, in 2001, the company successfully acquired CGU, becoming one of Australia's largest general insurers. In 2002, IAG made its entry into the Asian market by purchasing a stake in AmBank Group Assurance in Malaysia. The company continued to expand its presence by acquiring Wesfarmers' insurance underwriting businesses in 2014. Additionally, IAG has consistently focused on enhancing its customer offerings, launching innovative products such as the "Pay by the Kilometer" car insurance in 2007. With its commitment to growth and customer-centric approach, IAG has emerged as a leading insurance provider in Australia and the Asia-Pacific region.
Insurance Australia Group Ltd (IAG) primarily operates in Australia, New Zealand, and Asia Pacific region. With its headquarters in Sydney, Australia, IAG is one of the leading insurance companies in the Australian market. It provides a wide range of insurance products and services to individuals, businesses, and communities. IAG's presence extends to New Zealand through its subsidiary companies such as NZI and AMI. Additionally, IAG has a growing presence in the Asia Pacific region, particularly in Thailand and Vietnam, where it offers insurance solutions tailored to the specific needs of these markets.
Insurance Australia Group Ltd represents values of customer focus, integrity, teamwork, and excellence. The company's corporate philosophy is centered around delivering outstanding customer service, maintaining a high level of integrity in all business dealings, fostering a collaborative and supportive teamwork environment, and striving for excellence in everything they do. IAG is dedicated to putting customers first, ensuring transparency and ethical behavior, fostering strong partnerships, and continuously improving their services. With a commitment to excellence, IAG strives to provide reliable insurance solutions and financial security for individuals, businesses, and communities across Australia and New Zealand.
Analysts currently set an average price target of 8.44 AUD for the Insurance Australia Group stock (median: 8.47 AUD), implying +3.9 % versus the latest price. The consensus is based on 14 analyst ratings.
14 analysts currently rate the Insurance Australia Group stock: 10 recommend buying, 3 holding and 1 selling.
Converted at the current exchange rate, the Insurance Australia Group share trades at 5.06 EUR (8.13 AUD).
The Insurance Australia Group share (IAG.AX) is listed on 5 stock exchanges, including: ASX (IAG.AX), Frankfurt (NRM.F), Düsseldorf (NRM.DU), Hamburg (NRM.HM).
The Insurance Australia Group Ltd (IAG) is one of the largest insurance companies in Australia. The company offers a wide range of insurance products, including car insurance, home and contents insurance, travel insurance, liability insurance, home insurance, and life insurance. IAG operates various brands in Australia and New Zealand, including NRMA, CGU, SGIO, SGIC, and State Insurance. Each brand focuses on a specific customer group and offers individual products and services. Car insurance is one of the largest divisions of IAG. The company offers different coverage options, such as third party uninsured coverage, fire and theft insurance, and comprehensive insurance. Customers can choose from a variety of rate options, including sophisticated telematics technology that monitors customer driving behavior and adjusts premiums accordingly. Home and contents insurance is another important division of IAG. Customers can choose between standard coverage for damages caused by fire, water, and storms, as well as extended coverage for damages caused by natural disasters such as floods or earthquakes. In addition, customers can expand their policies with additional coverage for items such as bicycles, children's toys, or pets. Travel insurance is offered by IAG under its NRMA brand. Customers can choose between different coverage options designed for trip cancellations or interruptions or unexpected medical events. Liability insurance is offered for households as well as for businesses. IAG offers coverage for personal injuries, property damage, accidents, and damages that may occur in the use of vehicles or operation of businesses. Home insurance is another important division of IAG. Customers can choose between standard and extended coverage options, which cover damages caused by fire, burglary, or theft. Additionally, the company offers coverage for damages caused by natural disasters, such as floods or storms. IAG also offers insurance for businesses, including commercial property and liability insurance as well as workers' compensation insurance. Customers can choose from different coverage options to protect their business risks, including coverage for legal costs or negligence claims. Finally, IAG also offers life insurance. Customers can choose from different coverage options, including traditional life insurance or insurance specifically designed for people with special needs or health requirements. Overall, the Insurance Australia Group offers a wide range of insurance products tailored to the needs of different customers. With its many brands and divisions, the company is able to offer individual solutions to its customers without compromising the efficiency of its business processes.
The revenue of Insurance Australia Group is 19.37 B AUD. This figure is based on current financial data and reflects the company's business performance.
The profit of Insurance Australia Group is 1.02 B AUD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Insurance Australia Group is currently 19.97. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Insurance Australia Group stock.
The price-to-sales ratio (P/S) of Insurance Australia Group is currently 1.05. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Insurance Australia Group stock.
The Eulerpool Quality Score for Insurance Australia Group is 4/10.
The ISIN of Insurance Australia Group is AU000000IAG3. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Insurance Australia Group is 941205. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Insurance Australia Group is IAG.AX. The ticker symbol is used to trade Insurance Australia Group shares on the stock exchange.
Insurance Australia Group stock
Insurance Australia Group Peer Group
Insurance Australia Group Ticker
Insurance Australia Group FIGI
All fundamentals and in-depth analysis of Insurance Australia Group
Our stock analysis for Insurance Australia Group stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Insurance Australia Group. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.