INSURANCE AUSTRALIA GROUP LIMITED (IAG)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

IAG - INSURANCE AUSTRALIA GROUP LIMITED

FNArena Sector : Insurance
Year End: June
GICS Industry Group : Insurance
Index: ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

Insurance Australia Group is an insurance company formed by the demutualisation of the NRMA Insurance business in July 2000. It is not a customer-facing brand, but an umbrella organisation that holds many well known insurance brands in Australia, NZ and Asia, incl NRMA Insurance and CGU.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$4.65

18 May
2022

-0.030

OPEN

$4.70

-0.64%

HIGH

$4.70

5,140,706

LOW

$4.64

TARGET
$5.049 8.6% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
AMP . ISU . MPL . NHF . QBE . SDF . SUN . TWR . CVW . GDG . PSI . FCL .
FNARENA'S MARKET CONSENSUS FORECASTS
IAG: 1
Title FY20
Actual		 FY21
Actual		 FY22
Forecast		 FY23
Forecast
EPS (cps) xxx - 17.8 19.8 xxx
DPS (cps) xxx 20.0 17.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx 100.0% - 15.3% xxx
PE Ratio xxx N/A 23.1 xxx
Dividend Yield xxx N/A 3.7% xxx
Div Pay Ratio(%) xxx N/A 85.8% xxx

Dividend yield today if purchased 3 years ago: 2.49%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 4.38

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 16/02 - ex-div 6c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2022 FactSet UK Limited. All rights reserved
Title 201620172018201920202021
EPS Basic xxxxxxxxxxxxxxx-17.8
DPS All xxxxxxxxxxxxxxx20.0
Sales/Revenue xxxxxxxxxxxxxxx7,986.0 M
Book Value Per Share xxxxxxxxxxxxxxx253.4
Net Operating Cash Flow xxxxxxxxxxxxxxx1,610.0 M
Net Profit Margin xxxxxxxxxxxxxxx-5.18 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201620172018201920202021
Return on Capital Employed xxxxxxxxxxxxxxx-6.72 %
Return on Invested Capital xxxxxxxxxxxxxxx-4.90 %
Return on Assets xxxxxxxxxxxxxxx-1.31 %
Return on Equity xxxxxxxxxxxxxxx-6.72 %
Return on Total Capital xxxxxxxxxxxxxxx-3.78 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-972.0 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

This is work in progress. Bear with us. It'll be amazing.

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.3

No. Of Recommendations

7
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgan Stanley

xx/xx/xxxx

5

xxxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Credit Suisse

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

UBS

07/04/2022

5

Sell

$4.10

-11.83%

After a refresh of forecasts for Insurance Australia Group, UBS continues to believe that consensus expectations are too high for margin expansion into FY23. The target falls to $4.10 from $4.20 and the Sell rating is retained.

The broker adopts this view on elevated claims inflation, particularly in Home. The costs of building materials, motor supplies and labour have been rising since the end of lockdowns. It's thought recent floods have exacerbated these claims-cost pressures.

Relative to insurance and banking peers, the analyst feels the stock is expensive and prefers QBE Insurance ((QBE)) and Suncorp Group ((SUN)) for insurance exposure.

FORECAST
UBS forecasts a full year FY22 EPS of 20.00 cents.
UBS forecasts a full year FY23 EPS of 26.00 cents.

Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgans

xx/xx/xxxx

3

xxxxxxxxx xx xxxx xxxx xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >

IAG STOCK CHART

FNArena News on IAG

1
In Brief: Fuel Retailers, Residential Property, Gaming & General Insurers

Apr 29 2022 - Weekly Reports
2
Australian Broker Call *Extra* Edition – Apr 14, 2022

Apr 14 2022 - Daily Market Reports
3
Australian Broker Call *Extra* Edition – Apr 08, 2022

Apr 08 2022 - Daily Market Reports
4
Australian Broker Call *Extra* Edition – Apr 07, 2022

Apr 07 2022 - Daily Market Reports
5
March In Review: War Puts ASX On Pedestal

Apr 06 2022 - Australia

Latest Insurance News

1
In Brief: Risks From Russia, House Prices And Insurance Brokers

Feb 04 2022 - Australia
2
IAG Fails The Weather Test, But All Is Not Lost

Nov 03 2021 - Australia
3
Growth Returns For Suncorp

Aug 10 2021 - Australia
4
Treasure Chest: IAG Re-Rating?

Jun 28 2021 - Treasure Chest
5
Insurers Grapple With Costs And Competition

Jun 16 2021 - Australia
6
Nib Holdings May Need To Tread Carefully

Apr 27 2021 - Australia
7
Insurers Tackle More Risk As NSW Floods

Mar 23 2021 - Australia
8
Suncorp Homes In On Improved Returns

Feb 10 2021 - Australia
9
Reinsurance Key To Insurer Pandemic Claims

Sep 16 2020 - Australia
10
Suncorp Takes Stock Of Risk

Jul 02 2020 - Australia