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S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
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How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Are These Consumer Staples Too Cheap for Investors To Ignore?
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How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
A small venture capital player becomes a symbol in the fight over corporate diversity policies
Markets Are Loving These Stocks 'Firing On All Cylinders'
Is Gold Really Boring? (Ad)
Etsy Gets an Upgrade and $100 Target...Is the Bottom Finally In?
3 Reasons This Tech Giant Is Going Back To Highs
S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
3 ETFs for the Conservative Investor to Buy and Hold
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Are These Consumer Staples Too Cheap for Investors To Ignore?
Stock market today: World shares track Wall Street's slump after Fed says rates may stay high in '24
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
A small venture capital player becomes a symbol in the fight over corporate diversity policies
Markets Are Loving These Stocks 'Firing On All Cylinders'
Is Gold Really Boring? (Ad)
Etsy Gets an Upgrade and $100 Target...Is the Bottom Finally In?
3 Reasons This Tech Giant Is Going Back To Highs
S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
3 ETFs for the Conservative Investor to Buy and Hold
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Are These Consumer Staples Too Cheap for Investors To Ignore?
Stock market today: World shares track Wall Street's slump after Fed says rates may stay high in '24
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
A small venture capital player becomes a symbol in the fight over corporate diversity policies
Markets Are Loving These Stocks 'Firing On All Cylinders'
Is Gold Really Boring? (Ad)
Etsy Gets an Upgrade and $100 Target...Is the Bottom Finally In?
3 Reasons This Tech Giant Is Going Back To Highs
LON:IGG

IG Group (IGG) Share Forecast, Price & News

GBX 639
-32.00 (-4.77%)
(As of 07:27 AM ET)
Compare
Today's Range
632.85
▼
651.50
50-Day Range
654.06
▼
742.50
52-Week Range
632
▼
844.50
Volume
421,238 shs
Average Volume
1.05 million shs
Market Capitalization
£2.55 billion
P/E Ratio
743.02
Dividend Yield
7.04%
Price Target
GBX 1,026.67
ProfileAnalyst RatingsChartCompetitorsDividendInsider TradesHeadlines

IG Group MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
60.7% Upside
GBX 1,026.67 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.66mentions of IG Group in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
£40.92 M Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.88 out of 5 stars

See Top Rated MarketRank™ Stocks Here

IGG stock logo

About IG Group (LON:IGG) Stock

IG Group Holdings plc, a fintech company, engages in the online trading business worldwide. The company offers over the counter (OTC) derivatives, which include CFD (Contracts For Difference) that enable traders to take advantage of changes in an asset's price without owning the asset itself, as well as access to a range of risk-mitigation measures, including stops and limits, and negative-balance protection; and OTC FX and options, and spread bets, under IG and IG Prime brands. It also provides exchange-traded derivatives under the tastytrade, an online brokerage and investor education platform; and Spectrum, a multilateral trading facility. In addition, the company offers stock trading and investment services that include share, commodities, equities, and fixed-income assets under IG brand. Further, it provides content and education solutions, such as daily live programming, news and original content, and webinars and tutorials under IG, tastylive, and DailyFX brands. Additionally, the company offers spread betting, CFD trading, foreign exchange and market risk management, data distribution, software development and support, financing, foreign exchange, market making, stock and exchange-traded funds trading, and translation services, as well as issues turbo warrants. IG Group Holdings plc was founded in 1974 and is headquartered in London, the United Kingdom.

IGG Price History

IGG Stock News Headlines

September 17, 2023 | americanbankingnews.com
Barclays Lowers IG Group (LON:IGG) Price Target to GBX 980
September 16, 2023 | nasdaq.com
Barclays Reiterates IG Group Holdings (LSE:IGG) Overweight Recommendation
September 21, 2023 | Wall Street Fundamentals (Ad)
How is This "Hidden Gem" Thriving in a Turbulent Market?
While Wall Street flounders and giants like Amazon & Microsoft lay off thousands... One overlooked company has been quietly achieving over 400% growth. How? By buying, building, and scaling a portfolio of promising brands in high-margin, recession-resistant verticals.
September 5, 2023 | msn.com
3 absurdly cheap dividend shares yielding 7%+ I’d buy in September
August 29, 2023 | finanznachrichten.de
IG Group CEO June Felix To Step Down
August 29, 2023 | reuters.com
IG Group CEO Felix steps down with immediate effect
August 28, 2023 | finance.yahoo.com
IG Group Holdings' (LON:IGG) Dividend Will Be Increased To £0.3194
August 11, 2023 | msn.com
IGG clears cancer institute to recruit staff
September 21, 2023 | Wall Street Fundamentals (Ad)
How is This "Hidden Gem" Thriving in a Turbulent Market?
While Wall Street flounders and giants like Amazon & Microsoft lay off thousands... One overlooked company has been quietly achieving over 400% growth. How? By buying, building, and scaling a portfolio of promising brands in high-margin, recession-resistant verticals.
August 10, 2023 | finance.yahoo.com
IG Group Holdings (LON:IGG) Is Increasing Its Dividend To £0.3194
July 23, 2023 | markets.businessinsider.com
Analysts Conflicted on These Financial Names: Danske Bank (GB:0NVC), Hilltop Holdings (HTH) and IG Group Holdings (GB:IGG)
July 20, 2023 | reuters.com
UK's IG Group ups dividend after posting 1 bln-pound revenue
July 15, 2023 | finance.yahoo.com
With 92% institutional ownership, IG Group Holdings plc (LON:IGG) is a favorite amongst the big guns
July 4, 2023 | msn.com
Poor planning for activities sunk the Fund to losses - IGG
July 4, 2023 | msn.com
Poor planning for activities sunk NSSF into losses - IGG
June 29, 2023 | finance.yahoo.com
Harbour BioMed Announces Biologics License Application Acceptance of Batoclimab for Treatment of Generalized Myasthenia Gravis by NMPA
June 21, 2023 | msn.com
3 dividend stocks to consider now for a second income
May 14, 2023 | finance.yahoo.com
IG Group Holdings (LON:IGG) shareholders have earned a 1.9% CAGR over the last five years
May 11, 2023 | marketwatch.com
COVID-19 IgM or IgG Antibody Rapid Test Kits Market
May 9, 2023 | marketwatch.com
COVID-19 IgM & IgG Rapid Test Kits Market Size, Revenue, and Forecast 2030
April 19, 2023 | marketwatch.com
2023 COVID-19 IgM/IgG Antibody Rapid Test Kits Market Type, Application and Region – Global Trends and Forecast to 2031
April 7, 2023 | msn.com
The Best Home Food Sensitivity Tests
March 28, 2023 | msn.com
6.8% dividend yield! Is this the best FTSE 250 bargain stock?
March 18, 2023 | finance.yahoo.com
June Felix Is The CEO & Executive Director of IG Group Holdings plc (LON:IGG) And They Just Picked Up 3.5% More Shares
March 15, 2023 | msn.com
UK's IG Group revenue drops in quiet Dec-Feb quarter
March 15, 2023 | msn.com
Ministers face court over iron sheets scandal
March 15, 2023 | msn.com
UK's IG Group sees annual revenue, profit in line with market view
See More Headlines
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IGG Company Calendar

Last Earnings
1/22/2019
Today
9/21/2023
Ex-Dividend for 10/19 Dividend
9/21/2023
Dividend Payable
10/19/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
LON
Industry
Capital Markets
Sub-Industry
N/A
Sector
Financial Services
Current Symbol
LON:IGG
CUSIP
N/A
CIK
N/A
Web
www.iggroup.com
Phone
+44-20-78960011
Fax
N/A
Employees
2,535
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
GBX 1,026.67
High Stock Price Forecast
GBX 1,100
Low Stock Price Forecast
GBX 980
Forecasted Upside/Downside
+60.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

EPS (Most Recent Fiscal Year)
GBX 0.86
Trailing P/E Ratio
742.67
Forward P/E Ratio
6.34
P/E Growth
-1.44
Net Income
£363.70 million
Net Margins
36.02%
Pretax Margin
N/A
Return on Equity
17.99%
Return on Assets
11.88%

Debt

Debt-to-Equity Ratio
15.80
Current Ratio
2.35
Quick Ratio
2.40

Sales & Book Value

Annual Sales
£1.01 billion
Price / Sales
2.53
Cash Flow
GBX 229.46 per share
Price / Cash Flow
2.78
Book Value
GBX 494 per share
Price / Book
1.29

Miscellaneous

Outstanding Shares
399,720,000
Free Float
N/A
Market Cap
£2.55 billion
Optionable
Not Optionable
Beta
0.49
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Key Executives

  • Mr. Charles Arthur Rozes (Age 56)
    Acting CEO, CFO & Exec. Director
    Comp: $570k
  • Mr. Jonathan Mark Noble (Age 47)
    COO & Exec. Director
    Comp: $474k
  • Mr. Adam Wheelwright
    Chief Technology Officer
  • Ms. Elizabeth Scorer
    Head of Investor Relations
  • Ramon Kaur
    Head of Communications
  • Ms. Katherine Whitton
    Chief Marketing Officer
  • Ms. Barbara Duffy
    Chief People Officer
  • Joe McCaughran
    Chief Risk Officer
  • Mr. Eoin McCoy
    Head of IG Poland
  • Mr. Matthew Elliott
    Head of Online Advter.

Key Competitors

View All Competitors

Insiders

View All Insider Transactions













IGG Stock - Frequently Asked Questions

Should I buy or sell IG Group stock right now?

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

What is IG Group's stock price forecast for 2023?

4 brokerages have issued 1 year price objectives for IG Group's stock. Their IGG share price forecasts range from GBX 980 to GBX 1,100. On average, they predict the company's share price to reach GBX 1,026.67 in the next twelve months. This suggests a possible upside of 60.7% from the stock's current price.
View analysts price targets for IGG or view top-rated stocks among Wall Street analysts.

How have IGG shares performed in 2023?

IG Group's stock was trading at GBX 782 at the start of the year. Since then, IGG shares have decreased by 18.3% and is now trading at GBX 638.70.
View the best growth stocks for 2023 here.

How were IG Group's earnings last quarter?

IG Group Holdings plc (LON:IGG) released its quarterly earnings results on Tuesday, January, 22nd. The company reported $24.90 earnings per share (EPS) for the quarter. IG Group had a trailing twelve-month return on equity of 17.99% and a net margin of 36.02%.

How often does IG Group pay dividends? What is the dividend yield for IG Group?

IG Group declared a dividend on Thursday, July 20th. Investors of record on Thursday, September 21st will be given a dividend of GBX 31.94 per share on Thursday, October 19th. This represents a yield of 4.61%. The ex-dividend date is Thursday, September 21st. This is a boost from the stock's previous dividend of GBX 13.26. The official announcement can be viewed at this link.
Read our dividend analysis for IGG.

Is IG Group a good dividend stock?

IG Group (LON:IGG) pays an annual dividend of GBX 45 per share and currently has a dividend yield of 6.77%. IGG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 5,232.56%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for IGG.

What other stocks do shareholders of IG Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other IG Group investors own include UK Oil & Gas (UKOG), First Solar (FSLR), Tesco (TSCO), Bausch Health Companies (BHC), CNOOC (CEO), Nostrum Oil & Gas (NOG), Premier Oil (PMO), TechFinancials (TECH), Valeant Pharmaceuticals International (VRX) and ALD.L (ALD).

What is IG Group's stock symbol?

IG Group trades on the London Stock Exchange (LON) under the ticker symbol "IGG."

How do I buy shares of IG Group?

Shares of IGG 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.

What is IG Group's stock price today?

One share of IGG stock can currently be purchased for approximately GBX 638.70.

How much money does IG Group make?

IG Group (LON:IGG) has a market capitalization of £2.55 billion and generates £1.01 billion in revenue each year. The company earns £363.70 million in net income (profit) each year or GBX 0.86 on an earnings per share basis.

How many employees does IG Group have?

The company employs 2,535 workers across the globe.

How can I contact IG Group?

IG Group's mailing address is Cannon Bridge House, 25 Dowgate Hill, LONDON, EC4R 2YA, United Kingdom. The official website for the company is www.iggroup.com. The company can be reached via phone at +44-20-78960011.

This page (LON:IGG) was last updated on 9/21/2023 by MarketBeat.com Staff

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