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Intercontinental Exchange (ICE) Stock Price, News & Analysis

$161.22
-1.59 (-0.98%)
(As of 09/18/2024 ET)

About Intercontinental Exchange Stock (NYSE:ICE)

Key Stats

Today's Range
$161.14
$163.27
50-Day Range
$147.15
$162.81
52-Week Range
$104.49
$163.71
Volume
2.76 million shs
Average Volume
2.47 million shs
Market Capitalization
$92.47 billion
P/E Ratio
36.98
Dividend Yield
1.12%
Price Target
$156.36
Consensus Rating
Moderate Buy

Company Overview

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. It operates through three segments: Exchanges, Fixed Income and Data Services, and Mortgage Technology. The company operates regulated marketplaces for listing, trading, and clearing an array of derivatives contracts and financial securities, such as commodities, interest rates, foreign exchange, and equities, as well as corporate and exchange-traded funds; and trading venues, including regulated exchanges and clearing houses. It also offers energy, agricultural and metals, and financial futures and options; and cash equities and equity options, and over-the-counter and other markets, as well as listings and data and connectivity services. In addition, the company provides fixed income data and analytic, fixed income execution, CDS clearing, and other multi-asset class data and network services. Further, it offers proprietary and comprehensive mortgage origination platform, which serves residential mortgage loans; closing solutions that provides customers connectivity to the mortgage supply chain and facilitates the secure exchange of information; data and analytics services; and Data as a Service for lenders to access data and origination information. Intercontinental Exchange, Inc. was founded in 2000 and is headquartered in Atlanta, Georgia.

Intercontinental Exchange Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 93rd Percentile

Intercontinental Exchange scored higher than 93% of companies evaluated by MarketBeat, and ranked 97th out of 954 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Intercontinental Exchange has received a consensus rating of Moderate Buy. The company's average rating score is 2.93, and is based on 11 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Intercontinental Exchange has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Intercontinental Exchange's stock forecast and price target.
  • Earnings Growth

    Earnings for Intercontinental Exchange are expected to grow by 10.43% in the coming year, from $6.04 to $6.67 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Intercontinental Exchange is 36.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.82.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Intercontinental Exchange is 36.98, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.87.

  • Price to Earnings Growth Ratio

    Intercontinental Exchange has a PEG Ratio of 2.81. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Intercontinental Exchange has a P/B Ratio of 3.49. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Intercontinental Exchange's valuation and earnings.
  • Percentage of Shares Shorted

    1.09% of the outstanding shares of Intercontinental Exchange have been sold short.
  • Short Interest Ratio / Days to Cover

    Intercontinental Exchange has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Intercontinental Exchange has recently increased by 6.11%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Intercontinental Exchange pays a meaningful dividend of 1.11%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Intercontinental Exchange does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Intercontinental Exchange is 41.28%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Intercontinental Exchange will have a dividend payout ratio of 26.99% next year. This indicates that Intercontinental Exchange will be able to sustain or increase its dividend.

  • Read more about Intercontinental Exchange's dividend.
  • Percentage of Shares Shorted

    1.09% of the outstanding shares of Intercontinental Exchange have been sold short.
  • Short Interest Ratio / Days to Cover

    Intercontinental Exchange has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Intercontinental Exchange has recently increased by 6.11%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Intercontinental Exchange has a news sentiment score of 0.82. 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 0.69 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 16 news articles for Intercontinental Exchange this week, compared to 14 articles on an average week.
  • Search Interest

    Only 7 people have searched for ICE on MarketBeat in the last 30 days. This is a decrease of -42% compared to the previous 30 days.
  • MarketBeat Follows

    Only 5 people have added Intercontinental Exchange to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Intercontinental Exchange insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $9,593,983.00 in company stock.

  • Percentage Held by Insiders

    Only 1.10% of the stock of Intercontinental Exchange is held by insiders.

  • Percentage Held by Institutions

    89.30% of the stock of Intercontinental Exchange is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Intercontinental Exchange's insider trading history.

ICE Stock News Headlines

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ICE Stock Analysis - Frequently Asked Questions

Intercontinental Exchange's stock was trading at $128.43 at the start of the year. Since then, ICE shares have increased by 25.5% and is now trading at $161.22.
View the best growth stocks for 2024 here
.

Intercontinental Exchange, Inc. (NYSE:ICE) posted its quarterly earnings results on Thursday, August, 1st. The financial services provider reported $1.52 earnings per share for the quarter, beating analysts' consensus estimates of $1.49 by $0.03. The business's quarterly revenue was up 22.7% on a year-over-year basis.
Read the conference call transcript
.

Intercontinental Exchange's stock split on the morning of Friday, November 4th 2016. The 5-1 split was announced on Wednesday, October 12th 2016. The newly minted shares were issued to shareholders after the market closes on Thursday, November 3rd 2016. An investor that had 100 shares of stock prior to the split would have 500 shares after the split.

Intercontinental Exchange subsidiaries include Ellie Mae, Bridge2 Solutions, Simplifile, TMC Bonds, Chicago Stock Exchange, BondPoint, ICE Endex Holding B.V, and others.

Top institutional shareholders of Intercontinental Exchange include Independent Franchise Partners LLP (0.98%), Mawer Investment Management Ltd. (0.80%), Legal & General Group Plc (0.78%) and Bank of New York Mellon Corp (0.70%). Insiders that own company stock include Jeffrey C Sprecher, Intercontinental Exchange, Inc, Benjamin Jackson, Mayur Kapani, Lynn C Martin, Andrew J Surdykowski, Mark Wassersug, Judith A Sprieser, Douglas Foley, Elizabeth Kathryn King, James W Namkung, Warren Gardiner, William Jefferson Hague, Christopher Scott Edmonds, Martha A Tirinnanzi, David S Goone, Charles R Crisp and Duriya M Farooqui.
View institutional ownership trends
.

Shares of ICE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Intercontinental Exchange investors own include NVIDIA (NVDA), Cisco Systems (CSCO), Walt Disney (DIS), Intel (INTC), Block (SQ), Visa (V) and Home Depot (HD).

Company Calendar

Ex-Dividend for 6/28 Dividend
6/13/2024
Dividend Payable
6/28/2024
Last Earnings
8/01/2024
Ex-Dividend for 9/30 Dividend
9/16/2024
Today
9/18/2024
Dividend Payable
9/30/2024
Next Earnings (Estimated)
11/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Security & commodity brokers, dealers, exchanges & services
Sub-Industry
Specialized Finance
CUSIP
45865V10
Employees
13,222
Year Founded
2000

Price Target and Rating

Average Stock Price Target
$156.36
High Stock Price Target
$171.00
Low Stock Price Target
$134.00
Potential Upside/Downside
-3.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.93
Research Coverage
14 Analysts

Profitability

Net Income
$2.37 billion
Pretax Margin
28.01%

Debt

Sales & Book Value

Annual Sales
$10.79 billion
Cash Flow
$7.92 per share
Book Value
$46.13 per share

Miscellaneous

Free Float
567,276,000
Market Cap
$92.47 billion
Optionable
Optionable
Beta
1.08

Social Links

Should I Buy Intercontinental Exchange Stock? ICE Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, August 25, 2024. Please send any questions or comments about these Intercontinental Exchange pros and cons to contact@marketbeat.com.

Intercontinental Exchange
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Intercontinental Exchange, Inc.:

  • Intercontinental Exchange, Inc. provides market infrastructure, data services, and technology solutions for financial institutions, corporations, and government entities.
  • Canlan Ice Sports Corp., a subsidiary of Intercontinental Exchange, Inc., engages in the acquisition, development, lease, and operation of recreation facilities in North America.
  • Icetana Limited, a subsidiary of Intercontinental Exchange, Inc., provides video analytics solutions using AI-assisted video surveillance software.

Intercontinental Exchange
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Intercontinental Exchange, Inc. for these reasons:

  • Specific financial data such as Current Price, Annual Revenue, Net Income, Return on Equity, and other key metrics are not available at the moment.
  • Consensus ratings, price targets, and other market sentiment indicators are not up to date for Intercontinental Exchange, Inc.

This page (NYSE:ICE) was last updated on 9/18/2024 by MarketBeat.com Staff
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