Zacks Research Has Bearish Forecast for ICE Q1 Earnings

Intercontinental Exchange, Inc. (NYSE:ICE - Free Report) - Equities research analysts at Zacks Research cut their Q1 2025 earnings estimates for Intercontinental Exchange in a report released on Tuesday, January 28th. Zacks Research analyst T. De now expects that the financial services provider will post earnings per share of $1.63 for the quarter, down from their previous forecast of $1.65. The consensus estimate for Intercontinental Exchange's current full-year earnings is $6.05 per share. Zacks Research also issued estimates for Intercontinental Exchange's Q2 2025 earnings at $1.61 EPS, Q3 2025 earnings at $1.67 EPS, Q4 2025 earnings at $1.75 EPS, FY2025 earnings at $6.67 EPS, Q1 2026 earnings at $1.90 EPS, Q3 2026 earnings at $1.82 EPS and FY2026 earnings at $7.40 EPS.

ICE has been the subject of a number of other research reports. Barclays decreased their target price on shares of Intercontinental Exchange from $187.00 to $179.00 and set an "overweight" rating for the company in a research report on Monday, January 13th. Royal Bank of Canada reissued an "outperform" rating and issued a $200.00 price objective on shares of Intercontinental Exchange in a research report on Tuesday, January 7th. StockNews.com lowered Intercontinental Exchange from a "hold" rating to a "sell" rating in a research report on Wednesday, January 8th. Morgan Stanley raised their price target on Intercontinental Exchange from $160.00 to $174.00 and gave the stock an "equal weight" rating in a report on Thursday, October 17th. Finally, JPMorgan Chase & Co. dropped their price target on Intercontinental Exchange from $190.00 to $189.00 and set an "overweight" rating on the stock in a research note on Friday, January 17th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $175.27.

Intercontinental Exchange Stock Up 0.2 %

ICE traded up $0.38 on Friday, hitting $159.82. The company had a trading volume of 2,624,045 shares, compared to its average volume of 2,960,229. The stock has a market capitalization of $91.77 billion, a price-to-earnings ratio of 37.87, a P/E/G ratio of 3.01 and a beta of 1.10. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.00 and a current ratio of 1.00. The stock has a fifty day moving average price of $153.12 and a 200-day moving average price of $156.49. Intercontinental Exchange has a 12-month low of $124.34 and a 12-month high of $167.99.

Intercontinental Exchange (NYSE:ICE - Get Free Report) last released its quarterly earnings results on Thursday, October 31st. The financial services provider reported $1.55 EPS for the quarter, hitting the consensus estimate of $1.55. Intercontinental Exchange had a return on equity of 12.75% and a net margin of 21.31%. The firm had revenue of $2.35 billion during the quarter, compared to analyst estimates of $2.35 billion. During the same period in the previous year, the company posted $1.46 EPS. The business's revenue for the quarter was up 17.3% compared to the same quarter last year.

Insider Activity

In other news, CTO Mayur Kapani sold 5,661 shares of the stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $147.59, for a total value of $835,506.99. Following the completion of the sale, the chief technology officer now owns 66,548 shares of the company's stock, valued at $9,821,819.32. This represents a 7.84 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, COO Stuart Glen Williams sold 750 shares of Intercontinental Exchange stock in a transaction that occurred on Wednesday, December 18th. The shares were sold at an average price of $152.99, for a total transaction of $114,742.50. Following the sale, the chief operating officer now directly owns 12,780 shares in the company, valued at approximately $1,955,212.20. The trade was a 5.54 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 13,795 shares of company stock worth $2,120,572 over the last ninety days. Corporate insiders own 1.10% of the company's stock.

Institutional Investors Weigh In On Intercontinental Exchange

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ICE. Creative Planning raised its holdings in Intercontinental Exchange by 8.8% in the 2nd quarter. Creative Planning now owns 54,262 shares of the financial services provider's stock valued at $7,428,000 after buying an additional 4,393 shares during the period. EP Wealth Advisors LLC raised its stake in shares of Intercontinental Exchange by 9.2% in the 2nd quarter. EP Wealth Advisors LLC now owns 6,665 shares of the financial services provider's stock valued at $912,000 after acquiring an additional 559 shares during the period. Advisory Alpha LLC lifted its holdings in shares of Intercontinental Exchange by 35.4% in the 2nd quarter. Advisory Alpha LLC now owns 2,042 shares of the financial services provider's stock worth $280,000 after acquiring an additional 534 shares during the last quarter. Cetera Investment Advisers lifted its holdings in shares of Intercontinental Exchange by 3.2% in the 2nd quarter. Cetera Investment Advisers now owns 63,902 shares of the financial services provider's stock worth $8,748,000 after acquiring an additional 2,006 shares during the last quarter. Finally, Sanctuary Advisors LLC purchased a new position in shares of Intercontinental Exchange during the second quarter worth $7,978,000. Institutional investors and hedge funds own 89.30% of the company's stock.

Intercontinental Exchange Company Profile

Intercontinental Exchange, Inc, together with its subsidiaries, engages in the provision of market infrastructure, data services, and technology solutions for financial institutions, corporations, and government entities in the United States, the United Kingdom, the European Union, Singapore, India, Abu Dhabi, Israel, and Canada.