Intercontinental Exchange (ICE) Expected to Announce Quarterly Earnings on Thursday

Intercontinental Exchange (NYSE:ICE - Get Free Report) is expected to announce its Q2 2025 earnings results before the market opens on Thursday, July 31st. Analysts expect the company to announce earnings of $1.74 per share and revenue of $2.50 billion for the quarter.

Intercontinental Exchange (NYSE:ICE - Get Free Report) last released its earnings results on Thursday, May 1st. The financial services provider reported $1.72 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.70 by $0.02. The company had revenue of $2.47 billion during the quarter, compared to analyst estimates of $2.44 billion. Intercontinental Exchange had a return on equity of 13.27% and a net margin of 22.84%. The company's revenue for the quarter was up 8.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.48 earnings per share. On average, analysts expect Intercontinental Exchange to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Intercontinental Exchange Stock Up 1.5%

NYSE:ICE traded up $2.70 during trading hours on Thursday, hitting $183.70. 2,981,184 shares of the company's stock traded hands, compared to its average volume of 1,777,487. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.00 and a current ratio of 1.00. Intercontinental Exchange has a twelve month low of $142.29 and a twelve month high of $184.03. The stock's fifty day moving average price is $179.64 and its two-hundred day moving average price is $169.58. The firm has a market cap of $105.38 billion, a P/E ratio of 38.03, a P/E/G ratio of 1.99 and a beta of 1.11.

Intercontinental Exchange Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 13th were given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.05%. Intercontinental Exchange's dividend payout ratio is currently 39.75%.

Insider Buying and Selling

In other news, SVP Douglas Foley sold 1,600 shares of the company's stock in a transaction that occurred on Thursday, June 12th. The stock was sold at an average price of $177.48, for a total transaction of $283,968.00. Following the transaction, the senior vice president directly owned 27,313 shares of the company's stock, valued at $4,847,511.24. This represents a 5.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, General Counsel Andrew J. Surdykowski sold 3,848 shares of the stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $179.12, for a total value of $689,253.76. Following the completion of the transaction, the general counsel owned 48,480 shares in the company, valued at approximately $8,683,737.60. This represents a 7.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 226,119 shares of company stock worth $40,524,217 over the last ninety days. 1.00% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Intercontinental Exchange stock. Brighton Jones LLC raised its position in Intercontinental Exchange Inc. (NYSE:ICE - Free Report) by 51.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,448 shares of the financial services provider's stock after buying an additional 1,169 shares during the period. Brighton Jones LLC's holdings in Intercontinental Exchange were worth $514,000 as of its most recent filing with the SEC. 89.30% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. UBS Group increased their target price on shares of Intercontinental Exchange from $195.00 to $210.00 and gave the company a "buy" rating in a research note on Tuesday, July 8th. Piper Sandler increased their price objective on Intercontinental Exchange from $180.00 to $202.00 and gave the company an "overweight" rating in a research report on Tuesday, July 15th. Morgan Stanley lifted their price objective on Intercontinental Exchange from $181.00 to $192.00 and gave the stock an "equal weight" rating in a research note on Monday, May 5th. Keefe, Bruyette & Woods lifted their target price on Intercontinental Exchange from $183.00 to $189.00 and gave the stock an "outperform" rating in a report on Friday, May 2nd. Finally, Barclays lifted their price target on Intercontinental Exchange from $198.00 to $206.00 and gave the company an "overweight" rating in a research note on Thursday, July 10th. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $194.42.

About Intercontinental Exchange

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.