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How to buy IAG (IAG) shares

Learn how to easily invest in IAG shares.

IAG
AU: IAG - AUD
A$4.38
- A$0.02 ( - 0.45%)
INSURANCE-PROPERTY & CASUALTY

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IAG is an insurance-property & casualty business based in Australia. IAG shares (IAG) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. IAG has a trailing 12-month revenue of around $8 billion. If you're looking to buy shares, check out the steps below.

How to buy shares in IAG

  1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the ASX. Our table can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, such as your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  3. Search for IAG. Find the share by name or ticker symbol: IAG. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until IAG reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  6. Check on your investment. Congratulations, you own a part of IAG. Optimise your portfolio by tracking how your stock and the business performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that affect your stock.

IAG stock price (ASX:IAG)

Use our graph to track the performance of IAG stocks over time.

IAG shares at a glance

Information last updated 2022-06-21.
52-week range$4.02 - $5.49
50-day moving average $4.4272
200-day moving average $4.5453
Target price$5.05
PE ratio 54.6835
Dividend yield $0.19 (2.85%)
Earnings per share (TTM) $0.079

Compare share trading platforms

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
1 - 10 of 10
Name Product Standard brokerage fee Inactivity fee Markets
ThinkMarkets Share Trading
$8
No
ASX shares
Exclusive: Sign up through Finder and get 3 months of free trading up to 50 trades. Offer available to new customers only.
Following your first three months, enjoy $8 flat fee CHESS sponsored brokerage as well as free live stock data all from the convenience of an easy-to-use mobile app
IG Share Trading
$5 – 8
No
ASX shares, US shares, UK shares, ETFs, and more
Exclusive: Finder customers who apply for a share trading account in June will be able to trade Aussie shares from $2.50 commission until the end of August. T&Cs apply.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Tiger Brokers
Exclusive
Tiger Brokers
$6.49
No
ASX shares, Global shares, Options trading, US shares, ETFs
Exclusive to Finder: Sign up to Tiger through Finder and on completion of your first deposit of any amount or transfer of shares receive 4 extra free grab shares. T&Cs apply.
Get started with $0 brokerage on ASX and US stocks for the first 3 months upon completion of your first qualifying deposit. Also receive a free Apple share if you deposit $3,000 or more.
SelfWealth (Basic account)
$9.5
No
ASX shares, US shares
Trade ASX and US shares for a flat fee of $9.50, regardless of the trade size.
New customers receive free access to Community Insights with SelfWealth Premium for the first 90 days. Follow other investors and benchmark your portfolio performance.
CMC Markets Invest
$0
No
ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 35,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges. Plus, buy Aussie shares for $0 brokerage up to $1,000. (Limited to one buy order per stock per trading day).
Bendigo Invest Direct
$19.95
No
ASX shares, Global shares, Options trading, mFunds, ETFs, Warrants
Gain access to 12 markets from one account with Bendigo.
Invest in Australian shares and access major international markets through a trusted local brand. Plus, fine tune your investment knowledge with Bendigo’s advanced research and analysis tools.
GO Markets Share Trading
$7.70
No
ASX shares, Forex, CFDs, ETFs
Zero Brokerage on your next 50 trades!
Simply transfer an existing HIN before 30 June and pay no fees on your next 50 transactions. Alternatively, transfer your existing shares and receive 5 transactions at zero cost for each shareholding transferred, once again up to 50 free trades. T & Cs apply
Saxo Capital Markets (Classic account)
$5
No
ASX shares, Global shares, ETFs
Access 22,000+ stocks on 50+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
Bell Direct Share Trading
$15
No
ASX shares, mFunds, ETFs
Get $300 free brokerage until 30 June when you move to Bell Direct. T&Cs apply.
Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.
Superhero share trading
$5
No
ASX shares, US shares, ETFs
Sign up & fund your account with A$100 or more and receive US$10 of Tesla stocks on Superhero. T&Cs apply.
Enjoy $0 brokerage on US stocks and buying ETFs as well as a flat $5 fee to trade Australian shares.
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Compare up to 4 providers

Is it a good time to buy IAG stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

IAG price performance over time

Historical closes compared with the last close of A$4.4

1 week (2022-06-17) 6.28%
1 month (2022-05-26) -1.57%
3 months (2022-03-28) -1.79%
6 months (2021-12-24) 3.04%
1 year (2021-06-28) -13.56%
2 years (2020-06-26) -24.66%
3 years (2019-06-28) -46.73%
5 years (2017-06-26) nan%

Is IAG under- or over-valued?

Valuing IAG stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of IAG's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

IAG's P/E ratio

IAG's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 55x. In other words, IAG shares trade at around 55x recent earnings.

That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

IAG's EBITDA

IAG's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $643 million (£363 million).

The EBITDA is a measure of a IAG's overall financial performance and is widely used to measure a its profitability.

IAG financials

Revenue TTM $8 billion
Operating margin TTM 6.35%
Gross profit TTM $-1,238,000,000
Return on assets TTM 0.95%
Return on equity TTM 4.52%
Profit margin 2.59%
Book value 2.496
Market capitalisation $10.6 billion

TTM: trailing 12 months

IAG's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like IAG.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

IAG's total ESG risk score

Total ESG risk: 21.49

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and IAG's overall score of 21.49 (as at 01/01/2019) is pretty good – landing it in it in the 28th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like IAG is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

IAG's environmental score

Environmental score: 2.97/100

IAG's environmental score of 2.97 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that IAG is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

IAG's social score

Social score: 11.75/100

IAG's social score of 11.75 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that IAG is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

IAG's governance score

Governance score: 11.77/100

IAG's governance score puts it squarely in the 5th percentile of companies rated in the same sector. That could suggest that IAG is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

IAG's controversy score

Controversy score: 2/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. IAG scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that IAG has, for the most part, managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Insurance Australia Group Ltd was last rated for ESG on: 2019-01-01.

Total ESG score 21.49
Total ESG percentile 28.22
Environmental score 2.97
Environmental score percentile 5
Social score 11.75
Social score percentile 5
Governance score 11.77
Governance score percentile 5
Level of controversy 2

IAG share dividends

Dividend payout ratio: 111.76% of net profits

Recently IAG has paid out, on average, around 111.76% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.85% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), IAG shareholders could enjoy a 2.85% return on their shares, in the form of dividend payments. In IAG's case, that would currently equate to about A$0.19 per share.

IAG's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

The latest dividend was paid out to all shareholders who bought their shares by 16 February 2022 (the "ex-dividend date").

Have IAG's shares ever split?

IAG's shares were split on 31 October 2018. This wouldn't directly have changed the overall worth of your IAG shares – just the quantity. However, indirectly, the new INF% higher share price could have impacted the market appetite for IAG shares which in turn could have impacted IAG's share price.

IAG share price volatility

Over the last 12 months, IAG's shares have ranged in value from as little as $4.02 up to $5.49. A popular way to gauge a stock's volatility is its "beta".

Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while IAG's is 0.1921. This would suggest that IAG's shares are less volatile than average (for this exchange).

IAG overview

Insurance Australia Group Limited operates as a general insurance company in Australia and New Zealand. It offers personal and commercial insurance products, including bicycle, comprehensive motor, commercial and motor fleet, commercial property and liability, construction and engineering, consumer credit, compulsory third party, directors and officers, extended warranty, farm, crop, livestock, home and contents, income protection, marine, veteran, vintage and classic car, boat, caravan, travel, life, professional indemnity, public and product liability, security, workers' compensation, motor vehicle, business, and rural and horticultural, as well as reinsurance. The company sells its products through branches and agencies, call centers, online facilities, and intermediary channels; and third parties under the NRMA Insurance, SGIO, SGIC, CGU Insurance, WFI, Swann Insurance, NZI, State, AMI, Lumley, AmGeneral, and Kurnia brands. The company was formerly known as NRMA Insurance Group Limited and changed its name to Insurance Australia Group Limited in 2002. Insurance Australia Group Limited was founded in 1920 and is headquartered in Sydney, Australia.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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