ING Groep (ING) Stock Price, News & Analysis

Company Overview

ING Groep N.V. provides various banking products and services in the Netherlands, Belgium, Germany, rest of Europe, and internationally. It operates through five segments: Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, and Wholesale Banking. The company accepts current and savings accounts. It also offers business lending products; SME loans; consumer lending products, such as residential mortgage loans and other consumer lending loans; and mortgages. In addition, the company provides working capital solutions; debt and equity market solutions; various loans; payments; and cash management, trade and corporate finance, and treasury services, as well as savings, investment, insurance, and digital banking services. It serves individual customers, corporate clients, and financial institutions. ING Groep N.V. was founded in 1762 and is headquartered in Amsterdam, the Netherlands.

Key Stats

• Today's Range: $17.31 to $17.46
• 50-Day Range: $16.55 to $18.66
• 52-Week Range: $12.44 to $18.72
• Volume: 1.41 million shs
• Average Volume: 2.40 million shs
• Market Capitalization: $60.90 billion
• P/E Ratio: 7.70
• Dividend Yield: 3.68%
• Price Target: N/A
• Consensus Rating: Buy

ING Groep Stock Analysis - MarketRank™

ING Groep scored higher than 52% of companies evaluated by MarketBeat, and ranked 583rd out of 955 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for ING Groep.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 8.82%

Earnings Growth

Earnings for ING Groep are expected to grow by 8.82% in the coming year, from $2.04 to $2.22 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of ING Groep is 7.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.22.

Price to Earnings Ratio vs. Sector

The P/E ratio of ING Groep is 7.70, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 38.43.

Price to Book Value per Share Ratio

ING Groep has a P/B Ratio of 1.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.14% of the float of ING Groep has been sold short.

Short Interest Ratio / Days to Cover

ING Groep has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in ING Groep has recently decreased by 2.83%, indicating that investor sentiment is improving.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

ING Groep pays a meaningful dividend of 3.49%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

ING Groep does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of ING Groep is 28.32%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, ING Groep will have a dividend payout ratio of 28.83% next year. This indicates that ING Groep will be able to sustain or increase its dividend.

Sustainability and ESG

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

Percentage of Shares Shorted

0.14% of the float of ING Groep has been sold short.

Short Interest Ratio / Days to Cover

ING Groep has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in ING Groep has recently decreased by 2.83%, indicating that investor sentiment is improving.

News and Social Media

• Score: 1.1 / 5
• News Sentiment: 0.02

News Sentiment

ING Groep has a news sentiment score of 0.02. 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 lower news sentiment than the 0.71 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for ING Groep this week, compared to 6 articles on an average week.

Search Interest

Only 5 people have searched for ING on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.

MarketBeat Follows

Only 3 people have added ING Groep to their MarketBeat watchlist in the last 30 days. This is a decrease of -57% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, ING Groep insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 4.49% of the stock of ING Groep is held by institutions.

ING Stock Analysis - Frequently Asked Questions

How have ING shares performed this year?

ING Groep's stock was trading at $15.02 at the beginning of the year. Since then, ING shares have increased by 15.9% and is now trading at $17.41.
View the best growth stocks for 2024 here.

How were ING Groep's earnings last quarter?

ING Groep (NYSE:ING) released its quarterly earnings results on Thursday, August, 1st. The financial services provider reported $0.58 EPS for the quarter. The financial services provider earned $6.15 billion during the quarter. ING Groep had a trailing twelve-month return on equity of 12.65% and a net margin of 30.60%.

Does ING Groep have any subsidiaries?

ING Groep subsidiaries include Intersoftware Group B.V, Payvision Holding B.V, Makelaarsland B.V., 3W Holding B.V., Oyak Emeklilik, Interhyp AG, CitiStreet, and others.

Who are ING Groep's major shareholders?

ING Groep's top institutional shareholders include Park Avenue Securities LLC.

How do I buy shares of ING Groep?

Shares of ING 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.

What other stocks do shareholders of ING Groep own?

Based on aggregate information from My MarketBeat watchlists, some other companies that ING Groep investors own include AT&T (T), Pfizer (PFE), Bank of America (BAC), Gilead Sciences (GILD), Verizon Communications (VZ), Cisco Systems (CSCO) and General Electric (GE).

Company Calendar

• Last Earnings: 8/01/2024
• Ex-Dividend for 8/19 Dividend: 8/08/2024
• Dividend Payable: 8/19/2024
• Today: 10/03/2024
• Next Earnings (Estimated): 11/07/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Commercial banks, not elsewhere classified
• Sub-Industry: Banking
• Current Symbol: NYSE:ING
• CUSIP: N/A
• CIK: 1039765
• Web: www.ing.com
• Phone: (120) 563-9111
• Fax: N/A
• Employees: 46,000
• Year Founded: 1991

Profitability

• EPS (Most Recent Fiscal Year): $2.26
• Trailing P/E Ratio: 7.70
• Forward P/E Ratio: 8.53
• P/E Growth: N/A
• Net Income: $4.48 billion
• Net Margins: 30.60%
• Pretax Margin: 11.11%
• Return on Equity: 12.65%
• Return on Assets: 0.68%

Debt

• Debt-to-Equity Ratio: 2.54
• Current Ratio: 0.95
• Quick Ratio: 1.12

Sales & Book Value

• Annual Sales: $22.39 billion
• Price / Sales: 2.72
• Cash Flow: $2.33 per share
• Price / Cash Flow: 7.47
• Book Value: $17.21 per share
• Price / Book: 1.01

Miscellaneous

• Outstanding Shares: 3,498,194,000
• Free Float: N/A
• Market Cap: $60.90 billion
• Optionable: Optionable
• Beta: 1.52