Breakdown | |||||
TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
16.83B | 15.99B | 409.00M | 7.57B | 7.88B | 7.22B | Gross Profit |
16.94B | 15.99B | 8.93B | 7.57B | 7.88B | 7.84B | EBIT |
16.69B | 15.79B | 1.51B | 7.41B | -334.00M | 7.03B | EBITDA |
2.42B | 1.88B | 1.69B | 779.00M | -67.00M | 776.00M | Net Income Common Stockholders |
1.27B | 898.00M | 832.00M | 347.00M | -427.00M | 435.00M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
1.70B | 631.00M | 1.35B | 938.00M | 2.00B | 2.30B | Total Assets |
25.17B | 25.62B | 35.03B | 34.16B | 33.46B | 29.62B | Total Debt |
2.50B | 2.94B | 2.64B | 2.58B | 2.57B | 2.18B | Net Debt |
793.00M | 1.10B | 1.28B | 1.65B | 574.00M | -117.00M | Total Liabilities |
17.71B | 18.50B | 27.98B | 27.66B | 26.90B | 23.27B | Stockholders Equity |
7.01B | 6.66B | 6.65B | 6.16B | 6.25B | 6.08B |
Cash Flow | Free Cash Flow | ||||
1.03B | 1.16B | 452.00M | -526.00M | -799.00M | 381.00M | Operating Cash Flow |
1.32B | 1.80B | 452.00M | 900.00M | 1.61B | 381.00M | Investing Cash Flow |
-136.00M | -628.00M | 394.00M | -1.46B | -2.42B | 1.57B | Financing Cash Flow |
-1.15B | -682.00M | -437.00M | -527.00M | 516.00M | -1.32B |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
76 Outperform | $21.12B | 16.72 | 18.88% | 1.69% | 34.77% | ― | |
65 Neutral | $12.93B | 9.81 | 7.84% | 78.03% | 12.20% | -7.74% | |
€812.11M | 6.06 | 20.91% | 6.39% | ― | ― | ||
$8.71B | 16.95 | 20.97% | 5.08% | ― | ― | ||
€1.81B | 17.37 | 15.78% | 4.33% | ― | ― | ||
$23.21B | 13.39 | 17.21% | 5.23% | ― | ― | ||
$15.20B | 16.07 | 9.52% | 2.75% | ― | ― |
Insurance Australia Group Limited (IAG) has responded to the recent floods in the NSW Mid North Coast and Hunter regions by receiving approximately 2,500 claims related to property damage. The company has deployed its Major Event Response teams to assist affected customers, offering immediate support such as temporary accommodation and emergency financial assistance. IAG is also working on resilience measures during the repair process to mitigate future risks. While the financial impact of the floods is still being assessed, IAG’s comprehensive reinsurance program is expected to provide substantial protection against potential losses.
The most recent analyst rating on (AU:IAG) stock is a Hold with a A$6.60 price target. To see the full list of analyst forecasts on Insurance Australia Group Limited stock, see the AU:IAG Stock Forecast page.
Insurance Australia Group Limited (IAG) has received approval from the Australian Competition and Consumer Commission (ACCC) for its strategic alliance with RACQ Insurance Limited, allowing IAG to acquire RACQ Insurance and provide general insurance products to RACQ members and Queenslanders. This 25-year alliance, subject to further regulatory approvals, is expected to be completed in the third quarter of 2025 and will add approximately $1.3 billion to IAG’s Gross Written Premium. The partnership aims to leverage IAG’s scale and technology while maintaining RACQ’s brand and customer relationships, with anticipated synergies exceeding $50 million annually.
The most recent analyst rating on (AU:IAG) stock is a Hold with a A$6.60 price target. To see the full list of analyst forecasts on Insurance Australia Group Limited stock, see the AU:IAG Stock Forecast page.
The Australian Competition and Consumer Commission (ACCC) has decided not to oppose IAG’s proposed acquisition of RACQ Insurance Limited (RACQI), as the acquisition is unlikely to significantly reduce competition in the insurance market. The ACCC’s investigation found that RACQI has been losing market share and faces challenges in maintaining competitiveness due to higher natural hazard risks and limited capital access. The acquisition is not expected to impact the markets for smash repair, windscreen repair and replacement, and building repair services due to IAG’s market position relative to other insurers.
The most recent analyst rating on (AU:IAG) stock is a Hold with a A$6.60 price target. To see the full list of analyst forecasts on Insurance Australia Group Limited stock, see the AU:IAG Stock Forecast page.
Insurance Australia Group Limited has announced the redemption of its $450 million Subordinated Medium Term Notes (MTNs) due on 15 June 2045. The redemption will occur on 16 June 2025, as part of the company’s wholesale debt issuance program. This move reflects IAG’s strategic financial management and may impact its capital structure, but it does not indicate future redemptions of other regulatory capital instruments.
The most recent analyst rating on (AU:IAG) stock is a Hold with a A$6.60 price target. To see the full list of analyst forecasts on Insurance Australia Group Limited stock, see the AU:IAG Stock Forecast page.
IAG has announced a strategic alliance with The Royal Automobile Club of Western Australia (RAC), involving the acquisition of RAC Insurance and a 20-year exclusive distribution agreement for RAC-branded insurance products. This partnership is expected to enhance IAG’s market presence in Western Australia, adding approximately $1.5 billion to its Gross Written Premium and generating $100 million in pre-tax annual synergies. The alliance will leverage IAG’s national scale and advanced technology to benefit RAC’s 1.3 million members, while maintaining the trusted RAC brand and supporting local employment and community initiatives.
The most recent analyst rating on (AU:IAG) stock is a Hold with a A$5.45 price target. To see the full list of analyst forecasts on Insurance Australia Group Limited stock, see the AU:IAG Stock Forecast page.
Insurance Australia Group Limited has announced the appointment of JoAnne Maree Stephenson as a director, effective May 12, 2025. The initial director’s interest notice indicates that Stephenson currently holds no securities in the company, suggesting a fresh perspective and potential strategic shifts in the company’s governance.
Insurance Australia Group Limited has announced the issuance of 67,590 ordinary fully paid securities, effective from March 31, 2025. This move is part of the company’s ongoing efforts to manage its equity structure, potentially impacting its market positioning and offering implications for stakeholders in terms of equity distribution and company valuation.
Insurance Australia Group Limited announced the cessation of certain securities due to unmet conditions, impacting a total of 215,810 performance and award rights. This development may affect the company’s capital structure and reflects the challenges in meeting performance criteria, potentially influencing stakeholder perceptions and market positioning.
Insurance Australia Group Limited (IAG) has appointed JoAnne Stephenson as an Independent Non-Executive Director to its Board, effective May 12, 2025. Stephenson brings extensive experience in financial services, risk management, and governance, enhancing the board’s capabilities in guiding IAG’s strategic direction. Her appointment is expected to strengthen IAG’s board with her expertise in finance and transformational change, potentially impacting the company’s operations and industry positioning positively.
Insurance Australia Group Limited has announced a new dividend distribution for its security IAGPF, with a distribution amount of AUD 1.4504. The payment will be made on June 16, 2025, following the record date of June 4, 2025. This announcement reflects the company’s ongoing financial strategies and impacts stakeholders by providing returns on investments, aligning with market expectations.
Insurance Australia Group Limited has announced a new dividend distribution for its CAP NOTE 3-BBSW+3.50% PERP NON-CUM RED T-06-29 security. The distribution amount is set at AUD 1.51, with a payment date of June 16, 2025. This announcement reflects IAG’s ongoing commitment to providing returns to its investors, potentially enhancing its attractiveness to stakeholders and reinforcing its market position.