Free Trial
LON:IAG

International Consolidated Airlines Group (IAG) Share Price, News & Analysis

GBX 170
+1.95 (+1.16%)
(As of 06:52 AM ET)
Today's Range
167.45
171.15
50-Day Range
157.80
186.45
52-Week Range
137
187.65
Volume
14.14 million shs
Average Volume
15.76 million shs
Market Capitalization
£8.36 billion
P/E Ratio
377.78
Dividend Yield
16.47%
Price Target
GBX 225

International Consolidated Airlines Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
32.4% Upside
GBX 225 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.07mentions of International Consolidated Airlines Group in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.59 out of 5 stars

IAG stock logo

About International Consolidated Airlines Group Stock (LON:IAG)

International Consolidated Airlines Group, S.A. is a multinational airline holding company with a registered office in Madrid, Spain, and global headquarters in London, England. The company is the result of the 2011 merger of British Airways and Iberia, both flag carriers for their respective countries. Upon completion of the merger, British Airways shareholders owned 55% of the new company which is the 3rd largest carrier globally. The company’s primary listing is on the London Stock Exchange but it is also listed on the Madrid Stock Exchange as well. The company is a constituent of the FTSE 100 and the IBEX 35. Qatar Airways is a major holder of the company and controls more than 25% of the stock as of 2021.

The idea for British Airways was first floated in 1953. The idea was to merge the operations of the British Overseas Airways Corporation and British European Airways which were having a standoff over rights to Cyprus. The idea finally took after the 1969 Edwards report which suggested the nationalization of several British airlines under the management of the British Airlines Board. The British Airways Board allowed the independent operation and branding of the original airlines for several years but soon consolidated the assets under a single brand of British Airways. The company came back to the public market in the early 1980s and has been a major player in the airline industry ever since.

Iberia, or Iberia Airlines, was first formed in 1927 from an investment by private and corporate money. The firm lasted about a year until it was nationalized and consolidated with other Spanish airlines. The brand was revived in 1937 during the Spanish Civil War and operated as a national air carrier until its privatization in 2001. Since then, the company has made aggressive investments in expansions and infrastructure that helped grow it to be Spain’s largest airline. It, along with its low-cost subsidiary Iberia Express, serves 24 domestic and 64 international destinations.

Today, IAG together provides domestic and international air travel across the EU and globally through a network of brands that include but are not limited to British Airways and Iberia. It provides passenger and cargo transportation services as well as tours and vacation packages. The company operates a fleet of 531 aircraft and utilizes a strategy of modernization to control costs. The company’s newest aircraft are up to 20% more efficient than older models. The fleet consists primarily of A320 and A350 as well as Boeing 787 and 777 models.

IAG Stock Price History

IAG Stock News Headlines

$16T Crypto Plot From Elon Musk
Reports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.
British Airways owner IAG beats expectations
$16T Crypto Plot From Elon Musk
Reports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.
See More Headlines
Receive IAG Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for International Consolidated Airlines Group and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry
Airlines
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
54,669
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 225
High Stock Price Target
GBX 230
Low Stock Price Target
GBX 215
Potential Upside/Downside
+33.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
£2.74 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£29.99 billion
Cash Flow
GBX 233.47 per share
Book Value
GBX 67 per share

Miscellaneous

Outstanding Shares
4,920,000,000
Free Float
N/A
Market Cap
£8.27 billion
Optionable
Not Optionable
Beta
2.31
The 10 Best AI Stocks to Own in 2024 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report

Key Executives

  • Mr. Luis Gallego Martin (Age 56)
    CEO & Executive Director
    Comp: $2.4M
  • Mr. Nicholas Theodore Cadbury FCA (Age 58)
    CFO & Interim Non-Executive Chairman of Cargo
  • Mr. Jorge Saco
    Chief Information, Procurement, Services & Innovation Officer
  • Mr. Stuart Morgan
    Head of Investor Relations
  • Ms. Sarah Clements
    General Counsel
  • Mr. Jonathan Sullivan
    Chief Transformation & Corporate Development Officer
  • Ms. Carolina Sandra Martinoli (Age 54)
    Chief People, Corporate Affairs & Sustainability Officer
  • Mr. Glenn Morgan
    Head of Digital Business Transformation
  • Mr. Julio Rodriguez (Age 49)
    Chief Commercial Strategy Officer
  • Alvaro Lopez-Jorrin Hernandez
    Secretary of the Board of Directors

IAG Stock Analysis - Frequently Asked Questions

Should I buy or sell International Consolidated Airlines Group stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for International Consolidated Airlines Group in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" IAG shares.
View IAG analyst ratings
or view top-rated stocks.

What is International Consolidated Airlines Group's stock price target for 2024?

4 Wall Street research analysts have issued 1-year price targets for International Consolidated Airlines Group's stock. Their IAG share price targets range from GBX 215 to GBX 230. On average, they anticipate the company's share price to reach GBX 225 in the next twelve months. This suggests a possible upside of 32.4% from the stock's current price.
View analysts price targets for IAG
or view top-rated stocks among Wall Street analysts.

How have IAG shares performed in 2024?

International Consolidated Airlines Group's stock was trading at GBX 155 at the beginning of 2024. Since then, IAG stock has increased by 9.7% and is now trading at GBX 170.
View the best growth stocks for 2024 here
.

Is International Consolidated Airlines Group a good dividend stock?

International Consolidated Airlines Group (LON:IAG) pays an annual dividend of GBX 28 per share and currently has a dividend yield of 14.05%. IAG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 6,222.22%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for IAG.

What other stocks do shareholders of International Consolidated Airlines Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other International Consolidated Airlines Group investors own include International Consolidated Airlines Group (ICAGY), Micron Technology (MU), easyJet (EZJ), Lloyds Banking Group (LLOY), Rolls-Royce Holdings plc (RR), Barclays (BARC), BP (BP), Cineworld Group (CINE), Royal Dutch Shell (RDSB) and Taylor Wimpey (TW).

How do I buy shares of International Consolidated Airlines Group?

Shares of IAG stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

This page (LON:IAG) was last updated on 6/19/2024 by MarketBeat.com Staff

From Our Partners