Zacks Research Has Optimistic Outlook of ICE Q2 Earnings

Intercontinental Exchange, Inc. (NYSE:ICE - Free Report) - Investment analysts at Zacks Research lifted their Q2 2025 earnings estimates for Intercontinental Exchange in a report issued on Wednesday, May 21st. Zacks Research analyst T. De now forecasts that the financial services provider will post earnings of $1.68 per share for the quarter, up from their previous estimate of $1.63. The consensus estimate for Intercontinental Exchange's current full-year earnings is $6.73 per share. Zacks Research also issued estimates for Intercontinental Exchange's Q4 2026 earnings at $2.00 EPS.

Intercontinental Exchange (NYSE:ICE - Get Free Report) last posted its earnings results on Thursday, May 1st. The financial services provider reported $1.72 earnings per share for the quarter, topping analysts' consensus estimates of $1.70 by $0.02. The firm had revenue of $2.47 billion for the quarter, compared to the consensus estimate of $2.44 billion. Intercontinental Exchange had a net margin of 23.42% and a return on equity of 12.95%. The business's quarterly revenue was up 8.0% on a year-over-year basis. During the same period in the previous year, the firm posted $1.48 EPS.

ICE has been the topic of several other research reports. Keefe, Bruyette & Woods increased their target price on shares of Intercontinental Exchange from $183.00 to $189.00 and gave the company an "outperform" rating in a research note on Friday, May 2nd. UBS Group upped their target price on Intercontinental Exchange from $185.00 to $195.00 and gave the company a "buy" rating in a research note on Friday, February 7th. Morgan Stanley raised their price target 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. Barclays upped their price objective on Intercontinental Exchange from $189.00 to $198.00 and gave the company an "overweight" rating in a research report on Friday, May 2nd. Finally, Bank of America reduced their target price on Intercontinental Exchange from $237.00 to $230.00 and set a "buy" rating on the stock in a research note on Wednesday, April 2nd. Three research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat.com, Intercontinental Exchange currently has an average rating of "Moderate Buy" and a consensus target price of $188.46.

Intercontinental Exchange Trading Down 0.1%

ICE traded down $0.22 during trading on Friday, reaching $178.33. The company had a trading volume of 649,543 shares, compared to its average volume of 2,996,757. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.63. The business has a 50 day simple moving average of $167.87 and a 200-day simple moving average of $162.21. The stock has a market cap of $102.29 billion, a P/E ratio of 37.30, a PEG ratio of 2.10 and a beta of 1.12. Intercontinental Exchange has a 52 week low of $131.79 and a 52 week high of $180.07.

Institutional Investors Weigh In On Intercontinental Exchange

Hedge funds have recently made changes to their positions in the stock. Sierra Ocean LLC purchased a new stake in shares of Intercontinental Exchange during the 4th quarter valued at $25,000. REAP Financial Group LLC increased its position in Intercontinental Exchange by 116.7% during the 4th quarter. REAP Financial Group LLC now owns 169 shares of the financial services provider's stock valued at $25,000 after buying an additional 91 shares in the last quarter. Tsfg LLC raised its stake in Intercontinental Exchange by 187.3% in the first quarter. Tsfg LLC now owns 158 shares of the financial services provider's stock valued at $27,000 after buying an additional 103 shares during the last quarter. Menard Financial Group LLC acquired a new stake in Intercontinental Exchange in the fourth quarter worth about $29,000. Finally, Rakuten Securities Inc. grew its stake in shares of Intercontinental Exchange by 595.8% during the first quarter. Rakuten Securities Inc. now owns 167 shares of the financial services provider's stock worth $29,000 after acquiring an additional 143 shares during the last quarter. 89.30% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Intercontinental Exchange news, insider Christopher Scott Edmonds sold 552 shares of the stock in a transaction on Thursday, May 22nd. The stock was sold at an average price of $174.52, for a total transaction of $96,335.04. Following the sale, the insider now owns 15,658 shares of the company's stock, valued at approximately $2,732,634.16. This trade represents a 3.41% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Judith A. Sprieser sold 2,630 shares of Intercontinental Exchange stock in a transaction on Wednesday, April 16th. The shares were sold at an average price of $159.00, for a total value of $418,170.00. Following the completion of the transaction, the director now owns 21,364 shares in the company, valued at $3,396,876. This represents a 10.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.00% of the stock is owned by insiders.

Intercontinental Exchange Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be issued a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 1.08%. Intercontinental Exchange's payout ratio is currently 39.75%.

Intercontinental Exchange Company Profile

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.