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Independence Holding Company is an insurance-life business based in the US. Independence Holding Company shares (IHC) are listed on the NYSE and all prices are listed in US Dollars. Independence Holding Company employs 550 staff and has a trailing 12-month revenue of around 0.00.
|Latest market close||$49.39|
|52-week range||$36.26 - $50.45|
|50-day moving average||$49.33|
|200-day moving average||$45.47|
|Wall St. target price||$17.50|
|Dividend yield||$0.44 (0.89%)|
|Earnings per share (TTM)||$6.55|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
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.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-10-13)||0.18%|
|1 month (2021-09-20)||0.28%|
|3 months (2021-07-20)||8.36%|
|6 months (2021-04-20)||13.10%|
|1 year (2020-10-20)||22.71%|
|2 years (2019-10-18)||27.79%|
|3 years (2018-10-19)||36.29%|
|5 years (2016-10-20)||183.85%|
Valuing Independence Holding Company stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Independence Holding Company's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Independence Holding Company's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 8x. In other words, Independence Holding Company shares trade at around 8x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Independence Holding Company's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $30.9 million.
The EBITDA is a measure of a Independence Holding Company's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$426.2 million|
|Operating margin TTM||6.14%|
|Gross profit TTM||$229.8 million|
|Return on assets TTM||1.42%|
|Return on equity TTM||4.05%|
|Market capitalisation||$719.9 million|
TTM: trailing 12 months
There are currently 85,148 Independence Holding Company shares held short by investors – that's known as Independence Holding Company's "short interest". This figure is 12.2% up from 75,904 last month.
There are a few different ways that this level of interest in shorting Independence Holding Company shares can be evaluated.
Independence Holding Company's "short interest ratio" (SIR) is the quantity of Independence Holding Company shares currently shorted divided by the average quantity of Independence Holding Company shares traded daily (recently around 28101.650165017). Independence Holding Company's SIR currently stands at 3.03. In other words for every 100,000 Independence Holding Company shares traded daily on the market, roughly 3030 shares are currently held short.
However Independence Holding Company's short interest can also be evaluated against the total number of Independence Holding Company shares, or, against the total number of tradable Independence Holding Company shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Independence Holding Company's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Independence Holding Company shares in existence, roughly 10 shares are currently held short) or 0.0177% of the tradable shares (for every 100,000 tradable Independence Holding Company shares, roughly 18 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Independence Holding Company.
Find out more about how you can short Independence Holding Company stock.
Dividend payout ratio: 7.91% of net profits
Recently Independence Holding Company has paid out, on average, around 7.91% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.9% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Independence Holding Company shareholders could enjoy a 0.9% return on their shares, in the form of dividend payments. In Independence Holding Company's case, that would currently equate to about $0.44 per share.
While Independence Holding Company's payout ratio might seem low, this can signify that Independence Holding Company is investing more in its future growth.
Independence Holding Company's most recent dividend payout was on 8 July 2021. The latest dividend was paid out to all shareholders who bought their shares by 23 June 2021 (the "ex-dividend date").
Independence Holding Company's shares were split on a 9:5 basis on 5 July 2004. So if you had owned 5 shares the day before before the split, the next day you'd have owned 9 shares. This wouldn't directly have changed the overall worth of your Independence Holding Company shares – just the quantity. However, indirectly, the new 44.4% lower share price could have impacted the market appetite for Independence Holding Company shares which in turn could have impacted Independence Holding Company's share price.
Over the last 12 months, Independence Holding Company's shares have ranged in value from as little as $36.2602 up to $50.45. 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 (NYSE average) beta is 1, while Independence Holding Company's is 0.8815. This would suggest that Independence Holding Company's shares are less volatile than average (for this exchange).
Independence Holding Company, through its subsidiaries, engages in health, pet, and life insurance businesses. The company's dental portfolio includes indemnity and PPO plans for employer groups of two or more lives, and for individuals; vision plans that offer a flat reimbursement amount for exams and materials; and short-term medical products for people with temporary needs for health coverage. It also provides supplemental products, including hospital indemnity, fixed indemnity limited benefit, critical illness, accident medical coverage, and life insurance products; pet insurance; and occupational accident insurance products, such as accidental death, accident disability, and accident medical benefits for occupational injuries to employees of companies. In addition, the company offers group long-term and short-term disability products to employers; New York short-term disability plan that offers temporary cash payments to replace wages lost; and group term life products, such as group term life, accidental death and dismemberment (AD&D), supplemental life and AD&D, and dependent life products. Further, it provides medicare supplements and advantages; employer group and individual insurance products, including self-funded programs; and affordable care act plans. Independence Holding Company markets its products through general agents, independent brokers, and independent producers. The company was incorporated in 1980 and is headquartered in Stamford, Connecticut.
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