ICCH - ICC Holdings Inc Stock Price, Fair Value and News

16.00USD+0.05 (+0.31%)Market Closed

Market Summary

USD16.00+0.05

Market Closed

0.31%

ICCH Stock Price

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ICCH RSI Chart

ICCH Valuation

Market Cap

50.2M

Price/Earnings (Trailing)

11.8

Price/Sales (Trailing)

0.61

EV/EBITDA

9.85

Price/Free Cashflow

6.36

ICCH Price/Sales (Trailing)

ICCH Profitability

EBT Margin

6.66%

Return on Equity

6.35%

Return on Assets

2.02%

Free Cashflow Yield

15.74%

ICCH Fundamentals

ICCH Revenue

Revenue (TTM)

82.9M

Rev. Growth (Yr)

8.67%

Rev. Growth (Qtr)

15.9%

ICCH Earnings

Earnings (TTM)

4.3M

Earnings Growth (Yr)

-7.04%

Earnings Growth (Qtr)

472.04%

Breaking Down ICCH Revenue

Last 7 days

-0.3%

Last 30 days

3.8%

Last 90 days

3.6%

How does ICCH drawdown profile look like?

ICCH Financial Health

Debt/Equity

0.22

Debt/Cashflow

0.57

ICCH Investor Care

Buy Backs (1Y)

0.39%

Diluted EPS (TTM)

1.43

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	73.3M	79.1M	81.1M	82.9M
2022	63.5M	65.5M	68.3M	69.7M
2021	58.3M	56.4M	57.1M	59.5M
2020	54.9M	54.9M	54.7M	56.5M
2019	53.0M	55.4M	56.9M	59.5M
2018	49.5M	50.2M	51.3M	51.2M
2017	45.9M	46.3M	46.8M	48.2M
2016	0	0	0	44.9M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of ICC Holdings Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 01, 2024	schmeichel norman d.	sold (taxes)	-11,008	16.00	-688	vp chief information officer
Apr 01, 2024	schmeichel norman d.	acquired	30,944	16.00	1,934	vp chief information officer
Apr 01, 2024	sutherland arron k.	sold (taxes)	-24,736	16.00	-1,546	president and ceo
Apr 01, 2024	suiter julia b.	acquired	31,472	16.00	1,967	chief legal officer
Apr 01, 2024	sutherland arron k.	acquired	79,472	16.00	4,967	president and ceo
Apr 01, 2024	beck howard j.	sold (taxes)	-9,200	16.00	-575	chief underwriting officer
Apr 01, 2024	smith michael r.	acquired	32,544	16.00	2,034	chief financial officer
Apr 01, 2024	beck howard j.	acquired	26,672	16.00	1,667	chief underwriting officer
Apr 01, 2024	springer kathleen	acquired	30,944	16.00	1,934	chief human resources officer
Apr 01, 2024	suiter julia b.	sold (taxes)	-11,200	16.00	-700	chief legal officer

Which funds bought or sold ICCH recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Mar 04, 2024	Northwest Bank & Trust Co	new	-	40,545	40,545	0.04%
Feb 14, 2024	Royal Bank of Canada	new	-	-	-	-%
Feb 14, 2024	Murchinson Ltd.	unchanged	-	-74,053	1,997,500	0.35%
Feb 13, 2024	GEODE CAPITAL MANAGEMENT, LLC	new	-	161,881	161,881	-%
Feb 13, 2024	BlackRock Inc.	reduced	-0.75	-2,409	60,404	-%
Feb 13, 2024	Teton Advisors, Inc.	unchanged	-	-13,600	260,100	0.09%
Feb 13, 2024	M3F, Inc.	unchanged	-	-50,000	1,561,000	0.50%
Feb 12, 2024	Stilwell Value LLC	unchanged	-	-243,870	4,664,010	2.44%
Feb 09, 2024	Minerva Advisors LLC	unchanged	-	-18,018	508,847	0.32%
Feb 09, 2024	UBS Group AG	sold off	-100	-2,321	-	-%

Are Funds Buying or Selling ICCH?

Are funds buying ICCH calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ICCH

No. of Funds

Unveiling ICC Holdings Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 08, 2024	stilwell joseph	9.7%	304,837	SC 13D/A
Feb 08, 2024	employee stock ownership trust icc holdings, inc.	11.15%	350,000	SC 13G/A
Feb 07, 2024	leardo patrick r.	6.25%	196,108	SC 13G/A
Feb 10, 2023	m3 partners lp	3.36%	105,943	SC 13G/A
Feb 08, 2023	employee stock ownership trust icc holdings, inc.	11.09%	350,000	SC 13G/A
Jan 27, 2023	leardo patrick r.	8%	253,549	SC 13G/A
Dec 28, 2022	stilwell joseph	9.5%	300,517	SC 13D/A
Feb 17, 2022	leardo patrick r.	9.47%	311,937	SC 13G/A
Feb 14, 2022	m3 partners lp	7.01%	230,943	SC 13G/A
Feb 11, 2022	employee stock ownership trust icc holdings, inc.	0.6%	35	SC 13G/A

Recent SEC filings of ICC Holdings Inc

View All Filings

Date Filed	Form Type	Document
Apr 15, 2024	PREC14A	PREC14A
Apr 03, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Mar 28, 2024	10-K	Annual Report
Mar 27, 2024	8-K	Current Report
Mar 27, 2024	DEFA14A	DEFA14A

Peers (Alternatives to ICC Holdings Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ARGO	1.0T	1.3B	-3.06%	3132.39%	-4.8K	757.88	-10.27%	-34.69%
AJG	50.7B	10.1B	-5.56%	11.94%	52.29	5.04	17.79%	-12.97%
AIG	50.7B	46.8B	-4.94%	42.83%	13.92	1.08	-14.05%	-64.38%
TRV	48.9B	42.9B	-6.72%	18.42%	15.57	1.14	13.52%	12.15%
AFL	48.2B	18.7B	-2.37%	20.33%	10.35	2.58	-2.30%	5.45%
ACGL	34.0B	13.6B	-0.66%	23.01%	7.65	2.49	41.83%	201.02%
AFG	10.6B	7.8B	-6.96%	4.78%	12.5	1.36	11.18%	-5.12%
MID-CAP
UNM	9.7B	12.4B	-5.51%	22.95%	7.57	0.78	3.35%	-8.77%
AIZ	9.0B	11.1B	-7.83%	43.99%	13.97	0.81	9.21%	132.28%
LNC	4.7B	11.6B	-13.31%	32.62%	-6.27	0.41	-38.09%	-155.38%
AEL	4.5B	2.8B	0.27%	47.86%	21.25	1.58	100.59%	-89.04%
SMALL-CAP
BRP	1.6B	1.2B	-7.26%	6.42%	-17.8	1.32	24.25%	-115.79%
AMSF	872.2M	308.9M	-8.27%	-17.61%	14.14	2.82	3.79%	10.94%
AMBC	659.9M	269.0M	-3.76%	-6.95%	146.63	2.45	-46.68%	-99.14%
AAME	40.0M	186.8M	-30.00%	-10.91%	-233.85	0.21	-0.56%	-111.21%

ICC Holdings Inc News

Latest updates

ICC Holdings Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	15.9%	22,907	19,764	20,651	19,620	21,080	17,794	14,797	16,008	19,689	15,037	12,733	12,049	17,270	14,320	14,624	10,306	15,485	14,512	14,548	14,980	12,902
S&GA Expenses	-23.7%	168	220	203	194	213	190	185	189	192	171	196	164	170	172	125	174	135	164	137	143	147
EBITDA Margin	-3.3%	0.08*	0.08*	0.11*	0.03*	0.00*	-0.02*	-0.03*	0.07*	0.10*	0.16*	0.16*	0.16*	-	-	-	-	-	-	-	-	-
Interest Expenses	0%	46.00	46.00	46.00	45.00	46.00	46.00	42.00	61.00	61.00	62.00	58.00	54.00	57.00	59.00	57.00	35.00	32.00	32.00	32.00	32.00	33.00
Income Taxes	553.6%	902	-198	156	406	841	181	-1,112	-49.80	224	122	158	310	1,288	100	197	-537	664	-13.15	77.00	59.00	98.00
Earnings Before Taxes	488.8%	3,763	-967	743	1,984	3,918	811	-5,240	-209	2,218	547	721	1,472	5,607	504	979	-2,510	4,242	-27.07	519	348	732
EBT Margin	-4.9%	0.07*	0.07*	0.09*	0.02*	-0.01*	-0.04*	-0.04*	0.05*	0.08*	0.15*	0.15*	0.15*	-	-	-	-	-	-	-	-	-
Net Income	472.0%	2,861	-768	586	1,579	3,078	630	-4,128	-160	1,994	424	563	1,162	4,319	404	782	-1,973	3,577	-13.92	442	289	635
Net Income Margin	-6.9%	0.05*	0.06*	0.07*	0.02*	-0.01*	-0.02*	-0.03*	0.04*	0.07*	0.11*	0.11*	0.11*	-	-	-	-	-	-	-	-	-
Free Cashflow	-185.3%	-2,256	2,645	5,333	2,181	2,314	2,446	2,062	3,223	2,323	55.00	1,540	402	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	1.0%	211	209	205	198	192	189	193	199	200	195	196	183	184	180	188	165	163	161	163	163	150
Cash Equivalents	-44.5%	1.00	3.00	4.00	2.00	3.00	3.00	8.00	5.00	1.00	3.00	4.00	6.00	0.00	7.00	13.00	9.00	7.00	2.00	6.00	6.00	5.00
Net PPE	-0.7%	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00
Liabilities	-3.6%	144	149	142	134	132	133	131	129	125	122	123	111	111	112	121	102	97.00	99.00	101	103	92.00
Long Term Debt	0%	15.00	15.00	15.00	15.00	15.00	15.00	15.00	18.00	18.00	18.00	18.00	13.00	13.00	15.00	15.00	9.00	3.00	3.00	3.00	3.00	3.00
Shareholder's Equity	12.4%	67.00	60.00	63.00	64.00	60.00	57.00	62.00	70.00	75.00	73.00	73.00	72.00	73.00	68.00	67.00	63.00	66.00	63.00	62.00	60.00	59.00
Retained Earnings	6.4%	48.00	45.00	46.00	45.00	44.00	41.00	40.00	44.00	44.00	42.00	42.00	41.00	40.00	36.00	35.00	35.00	37.00	33.00	33.00	33.00	34.00
Additional Paid-In Capital	0.3%	33.00	33.00	33.00	33.00	33.00	33.00	33.00	33.00	33.00	33.00	33.00	33.00	33.00	33.00	33.00	33.00	33.00	33.00	33.00	33.00	33.00
Accumulated Depreciation	1.1%	7.00	7.00	7.00	7.00	7.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	5.00	5.00	5.00
Shares Outstanding	0.0%	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	32.00	-	-	-	34.00	-	-	-	35.00	-	-	-	24.00	-	-	-	31.00	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-174.4%	-2,101	2,825	5,456	2,341	2,404	2,737	2,220	3,394	2,668	221	1,941	483	2,026	-1,187	612	163	4,882	-2,365	-1,113	1,128	2,465
Share Based Compensation	-1.6%	153	155	154	143	146	151	151	141	148	146	141	121	122	113	108	113	121	101	112	98.00	-
Cashflow From Investing	125.9%	924	-3,565	-4,122	-3,012	-2,504	-5,268	4,907	-3,391	-662	-1,566	-8,423	-1,502	-1,982	-5,146	-2,201	-3,780	-240	-1,591	800	637	-520
Cashflow From Financing	92.4%	-9.74	-128	-220	-46.33	-40.34	-2,230	-3,665	-28.63	-38.43	-13.30	4,924	-22.13	-43.77	-95.72	5,612	5,997	-46.22	-57.96	-50.52	-1.40	-2.41
Buy Backs	-92.4%	10.00	128	221	46.00	40.00	2,231	213	26.00	36.00	11.00	73.00	19.00	41.00	94.00	-	-	44.00	54.00	48.00	1.00	-

ICCH Income Statement

2023-12-31

Consolidated Statements of Earnings and Comprehensive Earnings - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Net premiums earned	$ 75,717,108	$ 69,057,343
Net investment income	5,179,343	4,034,228
Net realized investment gains	672,857	874,470
Net unrealized gains (losses) on investments	1,135,905	(4,706,405)
Other income	236,914	420,202
Total revenue	82,942,127	69,679,838
Losses and settlement expenses	47,929,630	44,532,729
Policy acquisition costs and other operating expenses	28,521,973	24,896,120
Interest expense on debt	184,122	196,070
General corporate expenses	784,308	776,747
Total expenses	77,420,033	70,401,666
Loss before equity earnings of subsidiaries and income taxes	5,522,094	(721,828)
Income tax expense:
Current	1,176,081	984,897
Deferred income tax	89,118	(1,125,063)
Total	1,265,199	(140,166)
Net loss before equity earnings of subsidiaries	$ 4,256,895	$ (581,662)
Basic:
Basic net earnings (loss) per share (in dollars per share)	$ 1.44	$ (0.19)
Diluted:
Diluted net earnings (loss) per share (in dollars per share)	$ 1.43	$ (0.19)
Weighted average number of common shares outstanding:
Basic (in shares)	2,946,892	3,032,155
Diluted (in shares)	2,966,679	3,032,155
Net earnings (loss)	$ (4,256,895)	$ 581,662
Other comprehensive earnings (loss), net of tax
Unrealized holdings gains (losses) arising during the period, net of income tax expense (benefit) of $577,835 in 2023 and $(3,128,757) in 2022	2,173,761	(11,770,084)
Excluding losses included in net income, net of income tax (benefit) of $(12,340) in 2023 and $(2,270) in 2022	46,420	8,540
Total other comprehensive earnings (loss)	2,220,181	(11,761,544)
Comprehensive earnings (loss)	$ 6,477,076	$ (12,343,206)

ICCH Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($)

Dec. 31, 2023

Dec. 31, 2022

Investments and cash:

Fixed maturity securities (amortized cost of $119,336,041 at 12/31/2023 and $104,580,681 at 12/31/2022)

$ 110,955,697

$ 93,388,971

Other invested assets, net of allowances for credit losses of $39,000 at 12/31/2023 and $0 at 12/31/2022

8,898,409

4,722,137

Property held for investment, at cost, net of accumulated depreciation of $682,402 at 12/31/2023 and $609,282 at 12/31/2022

5,910,864

6,002,233

Cash and cash equivalents

1,478,135

3,139,986

Total investments and cash

142,331,022

130,464,839

Accrued investment income

915,156

791,812

Premiums and reinsurance balances receivable, net of allowances for credit losses of $143,000 at 12/31/2023 and $50,000 at 12/31/2022

37,220,433

31,270,460

Ceded unearned premiums

755,099

947,851

Reinsurance balances recoverable on unpaid losses and settlement expenses, net of allowances for credit losses of $82,000 at 12/31/2023 and $0 at 12/31/2022

12,736,579

13,610,295

Income taxes - current

127,730

22,042

Income taxes - deferred

2,647,636

3,296,688

Deferred policy acquisition costs, net

8,552,459

7,167,036

Property and equipment, at cost, net of accumulated depreciation of $6,990,076 at 12/31/2023 and $6,590,602 at 12/31/2022

3,325,322

3,313,719

Other Assets, net of allowances for credit losses of $5,000 at 12/31/2023 and $0 at 12/31/2022

2,405,577

1,277,469

Total assets

211,017,013

192,162,211

Liabilities:

Total gross unpaid losses and LAE

71,919,585

67,614,063

Unearned premiums

47,259,637

40,527,182

Reinsurance balances payable

1,132,301

1,405,337

Corporate debt

15,000,000

Accrued expenses

7,442,617

6,072,020

Other liabilities

1,259,324

1,102,678

Total liabilities

144,013,464

131,721,280

Equity:

Common stock

^[1]

35,000

Treasury stock, at cost

^[2]

(5,710,324)

(5,463,535)

Additional paid-in capital

33,330,846

33,119,125

Accumulated other comprehensive (loss), net of tax

(6,621,336)

(8,841,517)

Retained earnings

47,844,368

43,701,233

Less: Unearned Employee Stock Ownership Plan shares at cost

^[3]

(1,875,005)

(2,109,375)

Total equity

67,003,549

60,440,931

Total liabilities and equity

211,017,013

192,162,211

Common Stock [Member]

Investments and cash:

Stocks at fair value

12,191,621

20,438,907

Preferred Stock [Member]

Investments and cash:

Stocks at fair value

$ 2,896,296

$ 2,772,605

[1]	Par value $0.01; authorized: 2023 - 10,000,000 shares and 2022 – 10,000,000 shares; issued: 2023 – 3,500,000 shares and 2022 – 3,500,000 shares; outstanding: 2023 – 3,137,228 and 2022 – 3,153,741 shares
[2]	2023 – 362,772 shares and 2022 – 346,259 shares
[3]	2023 – 199,313 shares and 2022 – 210,935 shares

About ICC Holdings Inc

ICC Holdings, Inc., together with its subsidiaries, provides property and casualty insurance products to the food and beverage industry in the United States. It offers commercial multi-peril, liquor liability, workers' compensation, and umbrella liability insurance products. The company markets its products through independent agents in Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Minnesota, Michigan, Missouri, Ohio, Oregon, Pennsylvania, Tennessee, Utah, and Wisconsin. ICC Holdings, Inc. was founded in 1950 and is headquartered in Rock Island, Illinois.

CEO	Mr. Arron Keath Sutherland
WEBSITE	https://ir.iccholdingsinc.com
INDUSTRY	Insurance Property & Casualty
EMPLOYEES	102

ICC Holdings Inc Frequently Asked Questions

What is the ticker symbol for ICC Holdings Inc? What does ICCH stand for in stocks?

ICCH is the stock ticker symbol of ICC Holdings Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of ICC Holdings Inc (ICCH)?

As of Thu Apr 25 2024, market cap of ICC Holdings Inc is 50.22 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ICCH stock?

You can check ICCH's fair value in chart for subscribers.

What is the fair value of ICCH stock?

You can check ICCH's fair value in chart for subscribers. The fair value of ICC Holdings Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of ICC Holdings Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ICCH so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is ICC Holdings Inc a good stock to buy?

The fair value guage provides a quick view whether ICCH is over valued or under valued. Whether ICC Holdings Inc is cheap or expensive depends on the assumptions which impact ICC Holdings Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ICCH.

What is ICC Holdings Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 25 2024, ICCH's PE ratio (Price to Earnings) is 11.8 and Price to Sales (PS) ratio is 0.61. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ICCH PE ratio will change depending on the future growth rate expectations of investors.