Should I buy or sell IG Group stock right now?

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

What is IG Group's stock price target for 2024?

4 analysts have issued 1-year target prices for IG Group's stock. Their IGG share price targets range from GBX 782 to GBX 1,000. On average, they expect the company's share price to reach GBX 920.67 in the next twelve months. This suggests a possible upside of 25.6% 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 2024?

IG Group's stock was trading at GBX 765.50 at the beginning of 2024. Since then, IGG shares have decreased by 4.2% and is now trading at GBX 733. View the best growth stocks for 2024 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 for the quarter. IG Group had a net margin of 31.74% and a trailing twelve-month return on equity of 15.67%.

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

IG Group announced a dividend on Thursday, January 25th. Investors of record on Thursday, February 1st will be given a dividend of GBX 13.56 per share on Friday, March 1st. This represents a yield of 1.75%. The ex-dividend date is Thursday, February 1st. The official announcement can be seen 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 46 per share and currently has a dividend yield of 6.26%. IGG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 6,216.22%. 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) .

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 .

LON:IGG

IG Group (IGG) Share Price, News & Analysis

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GBX 733

-4.50 (-0.61%)

(As of 04/15/2024 ET)

Compare

Today's Range: 731
▼
741
50-Day Range: 672.50
▼
741.24
52-Week Range: 600.50
▼
785

Volume: 541,872 shs
Average Volume: 1.38 million shs
Market Capitalization: £2.75 billion

P/E Ratio: 990.54
Dividend Yield: 6.28%
Price Target: GBX 920.67

Stock Analysis Analyst Forecasts Chart Competitors Dividend Headlines Insider Trades

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IG Group MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 25.6% Upside
GBX 920.67 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.35
Based on 3 Articles This Week
Insider Trading: Acquiring Shares
£6.79 M Bought Last Quarter
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.

2.62 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
IG Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
IG Group has only been the subject of 2 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for IGG.

1.7

Dividend Strength

Dividend Leadership
IG Group is a leading dividend payer. It pays a dividend yield of 6.26%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
IG Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of IG Group is 6,216.22%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for IGG.

2.4

News and Social Media Coverage

News Sentiment
IG Group has a news sentiment score of 0.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.79 average news sentiment score of Financial Services companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for IG Group this week, compared to 1 article on an average week.
Search Interest
2 people have searched for IGG on MarketBeat in the last 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, IG Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought £67,900 in company stock and sold GBX 0 in company stock.
Percentage Held by Insiders
Only 5.72% of the stock of IG Group is held by insiders.
Percentage Held by Institutions
70.40% of the stock of IG Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of IG Group is 990.54, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 142.26.
Price to Earnings Ratio vs. Sector
The P/E ratio of IG Group is 990.54, which means that it is trading at a more expensive P/E ratio than the Financial Services sector average P/E ratio of about 457.59.
Price to Earnings Growth Ratio
Due to a projected decrease in earnings for IG Group, their PEG ratio cannot be calculated.
Price to Book Value per Share Ratio
IG Group has a P/B Ratio of 1.57. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About IG Group Stock (LON:IGG)

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 Stock Price History

30 days | 90 days | 365 days | Advanced Chart

IGG Stock News Headlines

April 11, 2024 | msn.com

Study reveals inflammation's role in long COVID's lingering effects

April 10, 2024 | americanbankingnews.com

IG Group (LON:IGG) Share Price Passes Above 200 Day Moving Average of $699.95

April 16, 2024 | InvestorPlace (Ad)

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According to Forbes, this breakthrough could define the future of AI. Most people don’t know about it… Because it was found 750 miles away from Silicon Valley.

April 9, 2024 | finance.yahoo.com

IG North America Doubles Down on Commitment to Chicago with New tastytrade Office Space, New tastylive Studios, and $600,000 Partnership with Greenwood Project

April 4, 2024 | msn.com

6.3% yield and down 25% in price! I rate this investment highly for generating a second income

April 2, 2024 | msn.com

Best British dividend stocks to consider buying in April

April 2, 2024 | msn.com

Johnson & Johnson's Nipocalimab Receives FDA Fast Track Designation for FNAIT Treatment

April 1, 2024 | finance.yahoo.com

IG Group Holdings (LON:IGG) shareholders have earned a 14% CAGR over the last five years

April 16, 2024 | InvestorPlace (Ad)

“Forget Tesla, this is Elon’s Next Big Thing”

According to Forbes, this breakthrough could define the future of AI. Most people don’t know about it… Because it was found 750 miles away from Silicon Valley.

March 29, 2024 | ca.finance.yahoo.com

Q4 2023 Imunon Inc Earnings Call

March 29, 2024 | msn.com

Yields of up to 7%! I’d consider boosting my income with these FTSE dividend stocks

March 25, 2024 | msn.com

This hot FinTech stock has a juicy 6.6% dividend forecast

March 14, 2024 | msn.com

War on corruption needs special budget—Deputy IGG

March 6, 2024 | msn.com

IGG opens shock corruption probe of Parliament

March 3, 2024 | finance.yahoo.com

IG Group Holdings plc (IGG.L)

March 2, 2024 | msn.com

This stock could turn my ISA into a second income machine

March 1, 2024 | investing.com

IG Group Holdings PLC (IGG)

February 21, 2024 | msn.com

Researchers find possible predictor of COVID-19 severity

February 6, 2024 | msn.com

We shall not let people blackmail UIA - Anite

January 25, 2024 | msn.com

UK's IG Group shares fall as lower market volatility hits HY profit

January 23, 2024 | lse.co.uk

Ig Group Holdings Share Chat

January 18, 2024 | msn.com

IGG raids govt investment agency

January 11, 2024 | msn.com

IGG probes alleged plans to sell Bat Valley School land

January 10, 2024 | msn.com

Nasal drops with IgA antibodies may protect against COVID-19 and future variants

January 5, 2024 | msn.com

IGG shortlists over 4,000 for 19 jobs

December 18, 2023 | finance.yahoo.com

IG North America Announces Leadership Changes

December 15, 2023 | msn.com

New dry powder aerosol COVID-19 vaccine shows promise against multiple virus strains

See More Headlines

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Company Calendar

Last Earnings: 1/22/2019
Ex-Dividend for 3/1 Dividend: 2/01/2024
Dividend Payable: 3/01/2024
Today: 4/15/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: LON
Sector: Financial Services
Industry: Capital Markets
Sub-Industry: N/A
Current Symbol: LON:IGG
CUSIP: N/A
CIK: N/A
Web: www.iggroup.com
Phone: +44-20-78960011
Fax: N/A
Employees: 2,754
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: GBX 920.67
High Stock Price Target: GBX 1,000
Low Stock Price Target: GBX 782
Potential Upside/Downside: +25.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 0.74
Trailing P/E Ratio: 990.54
Forward P/E Ratio: 7.28
P/E Growth: -1.44
Net Income: £301.50 million
Net Margins: 31.74%
Pretax Margin: N/A
Return on Equity: 15.67%
Return on Assets: 10.52%

Debt

Debt-to-Equity Ratio: 17.18
Current Ratio: 2.25
Quick Ratio: 2.40

Sales & Book Value

Annual Sales: £954.70 million
Price / Sales: 2.88
Cash Flow: GBX 263.34 per share
Price / Cash Flow: 2.78
Book Value: GBX 468 per share
Price / Book: 1.57

Miscellaneous

Outstanding Shares: 375,430,000
Free Float: N/A
Market Cap: £2.75 billion
Optionable: Not Optionable
Beta: 0.52

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Key Executives

Mr. Charles Arthur Rozes (Age 57)
CFO & Executive Director
Comp: $570k
Mr. Jonathan Mark Noble (Age 48)
Chief Operating Officer
Comp: $474k
Mr. Breon Thomas Corcoran (Age 53)
CEO & Executive Director
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

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

IGG Stock Analysis - Frequently Asked Questions

Should I buy or sell IG Group stock right now?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for IG Group in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" IGG shares.
View IGG analyst ratings or view top-rated stocks.
What is IG Group's stock price target for 2024?: 4 analysts have issued 1-year target prices for IG Group's stock. Their IGG share price targets range from GBX 782 to GBX 1,000. On average, they expect the company's share price to reach GBX 920.67 in the next twelve months. This suggests a possible upside of 25.6% 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 2024?: IG Group's stock was trading at GBX 765.50 at the beginning of 2024. Since then, IGG shares have decreased by 4.2% and is now trading at GBX 733.
View the best growth stocks for 2024 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 for the quarter. IG Group had a net margin of 31.74% and a trailing twelve-month return on equity of 15.67%.

How often does IG Group pay dividends? What is the dividend yield for IG Group?: IG Group announced a dividend on Thursday, January 25th. Investors of record on Thursday, February 1st will be given a dividend of GBX 13.56 per share on Friday, March 1st. This represents a yield of 1.75%. The ex-dividend date is Thursday, February 1st. The official announcement can be seen 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 46 per share and currently has a dividend yield of 6.26%. IGG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 6,216.22%. 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).
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.

This page (LON:IGG) was last updated on 4/16/2024 by MarketBeat.com Staff

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IG Group (IGG) Share Price, News & Analysis

IG Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About IG Group Stock (LON:IGG)

IGG Stock Price History

IGG Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

IGG Stock Analysis - Frequently Asked Questions

Overall MarketRank^™