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 $16 billion. If you're looking to buy shares, check out the steps below.
To buy shares listed in Australia such as IAG, you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose or you can see our list of the best share trading platforms in Australia. Then follow these steps.
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| 52-week range | $5.1922 - $7.8 |
|---|---|
| 50-day moving average | $7.248 |
| 200-day moving average | $6.4556 |
| Target price | $7.22 |
| PE ratio | 21.5833 |
| Dividend yield | $0.27 (4.38%) |
| Earnings per share (TTM) | $0.36 |
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.
Historical closes compared with the last close of A$7.77
| 1 week (2024-08-30) | 2.91% |
|---|---|
| 1 month (2024-08-07) | 11.80% |
| 3 months (2024-06-07) | 18.45% |
| 6 months (2024-03-07) | 25.12% |
| 1 year (2023-09-07) | 34.90% |
|---|---|
| 2 years (2022-09-07) | 67.46% |
| 3 years (2021-09-07) | 43.36% |
| 5 years (2019-09-06) | -5.01% |
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 current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 22x. In other words, IAG shares trade at around 22x 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 (earnings before interest, taxes, depreciation and amortisation) is $1.7 billion (£0.0 million).
The EBITDA is a measure of a IAG's overall financial performance and is widely used to measure stock profitability.
| Revenue TTM | $16 billion |
|---|---|
| Operating margin TTM | 11.52% |
| Gross profit TTM | $362 million |
| Return on assets TTM | 4.13% |
| Return on equity TTM | 14.58% |
| Profit margin | 5.61% |
| Book value | 2.813 |
| Market capitalisation | $18.4 billion |
TTM: trailing 12 months
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.
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.).
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.
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.
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.
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.
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 |
Dividend payout ratio: 52.43% of net profits
Recently IAG has paid out, on average, around 52.43% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.38% 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 4.38% return on their shares, in the form of dividend payments. In IAG's case, that would currently equate to about A$0.27 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 28 August 2024 (the "ex-dividend date").
IAG's shares were split on a 0.976:1 basis on 30 October 2018. So if you had owned 1 share the day before the split, the next day you would own 0.976 shares. This wouldn't directly have changed the overall worth of your IAG shares – just the quantity. However, indirectly, the new 2.5% higher share price could have impacted the market appetite for IAG shares which in turn could have impacted IAG's share price.
Over the last 12 months, IAG's shares have ranged in value from as little as $5.1922 up to $7.8. 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 0.16. This would suggest that IAG's shares are less volatile than average (for this exchange).
Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand. It offers cars, motorcycles, dirt bike, homes, businesses, travel, boats, caravans, landlord, farm, business, trade, strata and investment property requirements, rural and personal, construction and engineering, compulsory third party, directors and officers, professional indemnity, workers' compensation, marine, liability, homeowners warranty, casualty insurance products, as well as reinsurance. The company sells its products through branches and agencies, call centers, online, insurance brokers, authorized representatives, motor dealerships, and financial institutions; and third parties under the NRMA Insurance, CGU, ROLLiN, WFI, Swann Insurance, NZI, State, AMI, and Lumley Insurance 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 based in Sydney, Australia.
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