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Investments
How to buy IAG shares
Own IAG shares in just a few minutes.
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Insurance Australia Group Limited is an insurance-property & casualty business based in Australia. IAG shares (IAG) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. IAG has a trailing 12-month revenue of around $7.4 billion.
How to buy shares in IAG
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- 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.
- 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. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- 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.
- Check in on your investment. Congratulations, you own a part of IAG. Optimise your portfolio by tracking how your stock — and even 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 can affect your stock.
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What's in this guide?
IAG share price
Use our graph to track the performance of IAG stocks over time.IAG shares at a glance
Information last updated 2021-03-26.
| 52-week range | $4.3 - $6.4049 |
|---|---|
| 50-day moving average | $4.9176 |
| 200-day moving average | $4.9069 |
| Target price | $7.58 |
| PE ratio | 28.5946 |
| Dividend yield | $0.07 (1.46%) |
| Earnings per share (TTM) | $0.185 |
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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.
Is it a good time to buy IAG stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. 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$4.99
| 1 month (2021-03-17) | 5.27% |
|---|
| 3 years (2018-04-13) | NAN |
|---|---|
| 5 years (2016-04-13) | 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 29x. In other words, IAG shares trade at around 29x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
IAG's EBITDA
IAG's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $662 million (£0.0 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 | $7.4 billion |
|---|---|
| Gross profit TTM | $-870,000,000 |
| Return on assets TTM | -0.67% |
| Return on equity TTM | -1.81% |
| Profit margin | -4.17% |
| Book value | 2.737 |
| Market capitalisation | $11.8 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 12/31/2018) 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 Limited 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: 20% of net profits
Recently IAG has paid out, on average, around 20% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.51% 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 3.51% return on their shares, in the form of dividend payments. In IAG's case, that would currently equate to about A$0.07 per share.
While IAG's payout ratio might seem low, this can signify that IAG is investing more in its future growth.
The latest dividend was paid out to all shareholders who bought their shares by 15 February 2021 (the "ex-dividend date").
Have IAG's shares ever split?
IAG's shares were split on 30 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 $4.3 up to $6.4049. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while IAG's is 0.3353. This would suggest that IAG's shares are less volatile than average (for this exchange).
IAG overview
Insurance Australia Group Limited offers general insurance products in Australia and New Zealand. The company offers personal and commercial insurance products, including bicycle, comprehensive motor, commercial and motor fleet, commercial property and liability, construction and engineering, consumer credit, CTP, directors and officers, extended warranty, farm, crop, livestock, home and contents, income protection, marine, veteran, vintage and classic car, boat, caravan, travel, professional indemnity, public and product liability, security, workers' compensation, motor vehicle, business, and rural and horticultural. It 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, and Lumley 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 1925 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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