ING Groep (NYSE:ING - Get Free Report) is expected to be issuing its Q1 2025 quarterly earnings data before the market opens on Thursday, May 1st. Analysts expect ING Groep to post earnings of $0.46 per share and revenue of $5.74 billion for the quarter.
ING Groep (NYSE:ING - Get Free Report) last posted its earnings results on Thursday, February 6th. The financial services provider reported $0.39 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.41 by ($0.02). ING Groep had a net margin of 28.30% and a return on equity of 11.81%. On average, analysts expect ING Groep to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
ING Groep Stock Performance
ING stock traded up $0.23 during mid-day trading on Tuesday, reaching $19.62. The company had a trading volume of 1,958,072 shares, compared to its average volume of 2,290,527. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 2.89. The stock has a market capitalization of $68.63 billion, a P/E ratio of 9.17, a P/E/G ratio of 6.42 and a beta of 1.07. ING Groep has a one year low of $15.09 and a one year high of $20.79. The stock's 50-day simple moving average is $18.96 and its two-hundred day simple moving average is $17.15.
ING Groep Increases Dividend
The business also recently announced a semi-annual dividend, which will be paid on Friday, May 9th. Shareholders of record on Friday, April 25th will be paid a $0.6526 dividend. This represents a yield of 5.1%. This is a boost from ING Groep's previous semi-annual dividend of $0.17. The ex-dividend date of this dividend is Friday, April 25th. ING Groep's dividend payout ratio (DPR) is presently 60.75%.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group upgraded ING Groep from a "neutral" rating to a "buy" rating in a research note on Thursday, March 27th. Three investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, ING Groep has an average rating of "Moderate Buy".
View Our Latest Research Report on ING
ING Groep Company Profile
(
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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.
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