IG Group (IGG) Share Price, News & Analysis

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.

Key Stats

• Today's Range: 934 to 946.50
• 50-Day Range: 893.50 to 970
• 52-Week Range: 657 to 995.25
• Volume: 19.06 million shs
• Average Volume: 1.78 million shs
• Market Capitalization: £3.39 billion
• P/E Ratio: 1,210.26
• Dividend Yield: 4.87%
• Price Target: GBX 982.33
• Consensus Rating: Buy

IG Group Stock Analysis - MarketRank™

IG Group scored higher than 21% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

IG Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

IG Group has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of IG Group is 1,210.26, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 127.15.

Price to Earnings Ratio vs. Sector

The P/E ratio of IG Group is 1,210.26, which means that it is trading at a more expensive P/E ratio than the Financial Services sector average P/E ratio of about 441.15.

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 1.86. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for IGG.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

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.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for IGG.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.57

News Sentiment

IG Group has a news sentiment score of 0.57. 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 news sentiment score is similar to the average news sentiment 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.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

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.

IGG Stock Analysis - Frequently Asked Questions

How have IGG shares performed this year?

IG Group's stock was trading at GBX 765.50 on January 1st, 2024. Since then, IGG shares have increased by 23.3% and is now trading at GBX 944.
View the best growth stocks for 2024 here.

How were IG Group's earnings last quarter?

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

How do I buy shares of IG Group?

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.

What other stocks do shareholders of IG Group own?

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: 11/21/2024

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Financial Services
• Industry: Capital Markets
• Sub-Industry: Personal Services
• Current Symbol: LON:IGG
• CUSIP: N/A
• CIK: N/A
• Web: www.iggroup.com
• Phone: +44-20-78960011
• Fax: N/A
• Employees: 2,754
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 982.33
• High Stock Price Target: GBX 1,100
• Low Stock Price Target: GBX 782
• Potential Upside/Downside: +4.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX 0.78
• Trailing P/E Ratio: 1,210.26
• Forward P/E Ratio: 9.07
• P/E Growth: -1.44
• Net Income: £307.70 million
• Net Margins: 32.24%
• Pretax Margin: N/A
• Return on Equity: 15.76%
• Return on Assets: 10.37%

Debt

• Debt-to-Equity Ratio: 17.04
• Current Ratio: 2.31
• Quick Ratio: 2.40

Sales & Book Value

• Annual Sales: £954.50 million
• Price / Sales: 3.55
• Cash Flow: GBX 339.14 per share
• Price / Cash Flow: 2.78
• Book Value: GBX 507 per share
• Price / Book: 1.86

Miscellaneous

• Outstanding Shares: 359,200,000
• Free Float: N/A
• Market Cap: £3.39 billion
• Optionable: Not Optionable
• Beta: 0.55