Our opinion on the current state of OUTSURE(OUT)OUTsurance (OUT) took over the listing of Rand Merchant Insurance (RMI) with effect from 7th December 2022. RMI unbundled its stakes in Discovery (DSY) and Momentum (MTM) and sold its 30% stake in Hastings Plc for R14,6bn. By March 2023, all that was left was the insurance business of OUTsurance.
3 ZAR
4.06 B ZAR
33.93 B ZAR
821.09 M
About OUTSURANCE GROUP LIMITED
Sector
Industry
CEO
Marthinus Visser
Website
Headquarters
Centurion
Founded
1977
ISIN
ZAE000314084
FIGI
BBG001BNQDW2
OUTsurance Group Ltd. engages in the operation of financial investment services. It operates through the following segments: Discovery, MMI, OUTsurance, Hastings, and Other. The Discovery segment refers to pre-eminent development of financial services products and operates under the Discovery Health, Discovery Life, Discovery Insure, Discovery Invest, Discovery Vitality, VitalityHealth, VitalityLife, and Ping An Health brands. The MMI segment provides life insurance, employee benefits, investments and savings, healthcare solutions, and short-term insurance to individual clients, small and medium businesses, large companies, organizations, and public enterprises. The OUTsurance segment offers short and long-term insurance products in South Africa, and short-term insurance products in Australia, New Zealand, and Namibia. The Hastings segment supplies private vehicles and other forms of personal insurance cover. The Other segment includes RMI, RMI Investment Managers, AlphaCode investments, and consolidation entries. The company was founded in 1977 and is headquartered in Johannesburg, South Africa.
Our opinion on the current state of OUTSURE(OUT)OUTsurance (OUT) took over the listing of Rand Merchant Insurance (RMI) with effect from 7th December 2022. RMI unbundled its stakes in Discovery (DSY) and Momentum (MTM) and sold its 30% stake in Hastings Plc for R14,6bn. By March 2023, all that was left was the insurance business of OUTsurance.
$JSEOUT - OUTsurance: Bulls Take A Much Needed BreatherSee link below for previous analysis.
The bulls proved to be more dominant than i anticipated and took the stock to new all time highs.
This has prompted an update of the five wave impulse move from March 2020 to 4600 cps.
The bulls appear to be taking a breather for wave which has been a shallo
Our opinion on the current state of OUTOUTsurance (OUT) assumed the listing of Rand Merchant Insurance (RMI) effective from 7th December 2022. Following this transition, RMI divested its interests in Discovery (DSY) and Momentum (MTM), and divested its 30% stake in Hastings Plc for R14.6 billion. By March 2023, the insurance business of
OUTOutsurance Group (OUT) | The share has been in a gradual upward trend, with a multi-month consolidation at/near 52-week/all-time highs. The price action and specifically the candle structure has been negative however has started to show (very) early signs of improvement. Two additional positives to
How does OUTsurance have Data from 2013?“How is it possible for Outsurance to have data on my charting platform, as far back as 2013 while it was just listed on the JSE.”
A. The data that you see from 2013, came from the parent company Rand Merchant Investment Holdings (RMI).
They then changed the name to OUTsurance Group Holdings Lim
Our opinion on the current state of OUTOutsurance (OUT) took over the listing of Rand Merchant Insurance (RMI) with effect from 7th December 2022. RMI unbundled its stakes in Discovery (DSY), and Mommet (MTM) and sold its 30% stake in Hastings Plc for R14,6bn. By March 2023, all that was left was the insurance business of Outsurance. In
TARGET REACHED: Outsurance to R39.10 - Watch outMy first target reached at R39.10.
A Cup and Handle formation revealed and broke out on 10 July 2023. It's been a bit of a hold, but the price continued to make higher lows and higher highs.
This is the best case scenario for a long buying trade. The thing is, what's next?
We could get a bit of
See all ideas
Summarizing what the indicators are suggesting.
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An aggregate view of professional's ratings.
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Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of OUT is 6,939 ZAC — it has increased by 2.64% in the past 24 hours. Watch OUTSURANCE GROUP LIMITED stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on JSE exchange OUTSURANCE GROUP LIMITED stocks are traded under the ticker OUT.
OUT stock has risen by 9.90% compared to the previous week, the month change is a 6.52% rise, over the last year OUTSURANCE GROUP LIMITED has showed a 69.57% increase.
We've gathered analysts' opinions on OUTSURANCE GROUP LIMITED future price: according to them, OUT price has a max estimate of 7,942.00 ZAC and a min estimate of 6,800.00 ZAC. Watch OUT chart and read a more detailed OUTSURANCE GROUP LIMITED stock forecast: see what analysts think of OUTSURANCE GROUP LIMITED and suggest that you do with its stocks.
OUT stock is 2.44% volatile and has beta coefficient of 0.68. Track OUTSURANCE GROUP LIMITED stock price on the chart and check out the list of the most volatile stocks — is OUTSURANCE GROUP LIMITED there?
Today OUTSURANCE GROUP LIMITED has the market capitalization of 102.20 B, it has decreased by −8.52% over the last week.
Yes, you can track OUTSURANCE GROUP LIMITED financials in yearly and quarterly reports right on TradingView.
OUT net income for the last half-year is 2.04 B ZAR, while the previous report showed 2.17 B ZAR of net income which accounts for −6.04% change. Track more OUTSURANCE GROUP LIMITED financial stats to get the full picture.
OUTSURANCE GROUP LIMITED dividend yield was 3.76% in 2024, and payout ratio reached 65.70%. The year before the numbers were 3.97% and 69.29% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Apr 15, 2025, the company has 35 K employees. See our rating of the largest employees — is OUTSURANCE GROUP LIMITED on this list?
Like other stocks, OUT shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade OUTSURANCE GROUP LIMITED stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So OUTSURANCE GROUP LIMITED technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating OUTSURANCE GROUP LIMITED stock shows the buy signal. See more of OUTSURANCE GROUP LIMITED technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.