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LON:IGG

IG Group (IGG) Share Price, News & Analysis

IG Group logo
GBX 899
+4.00 (+0.45%)
(As of 11/1/2024 ET)

About IG Group Stock (LON:IGG)

Key Stats

Today's Range
892
902
50-Day Range
893.50
992
52-Week Range
633.50
995.25
Volume
507,849 shs
Average Volume
1.76 million shs
Market Capitalization
£3.23 billion
P/E Ratio
1,152.56
Dividend Yield
5.12%
Price Target
GBX 986.75
Consensus Rating
Buy

Company Overview

IG Group Holdings plc, a fintech company, engages in the online trading business worldwide. The company offers over the counter (OTC) derivatives, which include CFD (Contracts For Difference) that enable traders to take advantage of changes in an asset's price without owning the asset itself, as well as access to a range of risk-mitigation measures, including stops and limits, and negative-balance protection; and OTC FX and options, and spread bets, under IG and IG Prime brands. It also provides exchange-traded derivatives under the tastytrade, an online brokerage and investor education platform; and Spectrum, a multilateral trading facility. In addition, the company offers stock trading and investment services that include share, commodities, equities, and fixed-income assets under IG brand. Further, it provides content and education solutions, such as daily live programming, news and original content, and webinars and tutorials under IG, tastylive, and DailyFX brands. Additionally, the company offers spread betting, CFD trading, foreign exchange and market risk management, data distribution, software development and support, financing, foreign exchange, market making, stock and exchange-traded funds trading, and translation services, as well as issues turbo warrants. IG Group Holdings plc was founded in 1974 and is headquartered in London, the United Kingdom.

IG Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
27th Percentile Overall Score

IGG MarketRank™: 

IG Group scored higher than 27% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    IG Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    IG Group has only been the subject of 1 research reports in the past 90 days.

  • Read more about IG Group's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of IG Group is 1,152.56, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 130.86.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of IG Group is 1,152.56, which means that it is trading at a more expensive P/E ratio than the Financial Services sector average P/E ratio of about 412.69.

  • Price to Earnings Growth Ratio

    Due to a projected decrease in earnings for IG Group, their PEG ratio cannot be calculated.

  • Price to Book Value per Share Ratio

    IG Group has a P/B Ratio of 1.77. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for IGG.
  • Dividend Leadership

    IG Group is a leading dividend payer. It pays a dividend yield of 5.08%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    IG Group does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of IG Group is 5,897.44%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Read more about IG Group's dividend.
  • Short Interest

    There is no current short interest data available for IGG.
  • News Sentiment

    IG Group has a news sentiment score of 0.96. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.34 average news sentiment score of Financial Services companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for IG Group this week, compared to 1 article on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, IG Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought £366,400 in company stock and sold GBX 0 in company stock.

  • Percentage Held by Insiders

    Only 4.44% of the stock of IG Group is held by insiders.

  • Percentage Held by Institutions

    69.57% of the stock of IG Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about IG Group's insider trading history.
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IGG Stock News Headlines

True paradigm shift
I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again.
IGM Biosciences: Waiting For Godot
UBS Sticks to Their Buy Rating for IG Group Holdings (IGG)
See More Headlines

IGG Stock Analysis - Frequently Asked Questions

IG Group's stock was trading at GBX 765.50 on January 1st, 2024. Since then, IGG stock has increased by 17.4% and is now trading at GBX 899.
View the best growth stocks for 2024 here
.

IG Group Holdings plc (LON:IGG) posted its earnings results on Tuesday, January, 22nd. The company reported $24.90 earnings per share for the quarter. IG Group had a net margin of 32.24% and a trailing twelve-month return on equity of 15.76%.

Shares of IGG stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that IG Group investors own include Tesco (TSCO), Legal & General Group (LGEN), Vodafone Group Public (VOD), CMC Markets (CMCX), Coats Group (COA), AstraZeneca (AZN) and Babcock International Group (BAB).

Company Calendar

Last Earnings
1/22/2019
Ex-Dividend for 10/17 Dividend
9/19/2024
Dividend Payable
10/17/2024
Today
11/02/2024

Industry, Sector and Symbol

Industry
Capital Markets
Sub-Industry
Personal Services
CIK
N/A
Fax
N/A
Employees
2,754
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 986.75
High Stock Price Target
GBX 1,100
Low Stock Price Target
GBX 782
Potential Upside/Downside
+9.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
£307.70 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£954.50 million
Cash Flow
GBX 322.97 per share
Book Value
GBX 507 per share

Miscellaneous

Free Float
N/A
Market Cap
£3.23 billion
Optionable
Not Optionable
Beta
0.55
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This page (LON:IGG) was last updated on 11/2/2024 by MarketBeat.com Staff
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