LON:IGGIG Group Share Price, Forecast & News

GBX 775

-13.50 (-1.71 %)

(As of 06/5/2020 04:00 PM ET)

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Today's Range

765

Now: GBX 775▼

799

50-Day Range

696.50

MA: GBX 763.65▼

799.50

52-Week Range

526.20

Now: GBX 775▼

801.50

Volume1.46 million shs

Average Volume1.28 million shs

Market Capitalization£2.86 billion

P/E Ratio19.18

Dividend Yield5.45%

BetaN/A

IG Group Holdings plc provides leveraged derivatives and spread betting under the IG brand worldwide. Its CFDs (contracts for difference) are derivatives contracts that enable clients to take advantage of changes in an asset's price. The company also offers clients access to a range of risk-mitigation measures, including stops and limits and a limited risk account; and products, such as share dealing and investment portfolios, as well as enables clients to hold their investments in ISAs and SIPPs. In addition, it operates North American Derivatives Exchange, a US-based retail-oriented exchange, which enables investors to trade options on global financial markets in retail-sized contracts; and IG trading platform for foreign exchange, as well as offers mobile apps. It primarily serves retail clients, market professionals, corporate entities, and institutional clients. The company was founded in 1974 and is headquartered in London, the United Kingdom.

Beat the Market (BTM) Rank^™

2.3 Analyst's Opinion

Consensus Rating
IG Group has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 805.33, IG Group has a potential upside of 3.9% from its current price of GBX 775.
Amount of Analyst Coverage
IG Group has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.4 Community Rank

Outperform Votes
IG Group has received 397 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
IG Group has received 444 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
IG Group has received 52.79% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about IG Group and other stocks. Vote “Outperform” if you believe IGG will outperform the S&P 500 over the long term. Vote “Underperform” if you believe IGG will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
IG Group is a leading dividend payer. It pays a dividend yield of 5.45%, 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 106.44 %. Payout ratios above 75% are not desirable because they may not be sustainable.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, IG Group insiders have not sold or bought any company stock.

0.6 Earnings and Valuation

Earnings Growth
Earnings for IG Group are expected to decrease by -100.00% in the coming year, from GBX 5,203 to GBX 0 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of IG Group is 19.18, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.41.
Price to Earnings Ratio vs. Sector
The P/E ratio of IG Group is 19.18, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 20.61.
Price to Book Value per Share Ratio
IG Group has a P/B Ratio of 3.52. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.41 out of 5 stars

Industry, Sector and Symbol

Stock Exchange LON

Industry Investment Brokerage - National

Sub-IndustryN/A

SectorFinance

Current SymbolLON:IGG

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.iggroup.com

Phone+44-20-78960011

Debt

Debt-to-Equity Ratio17.81

Current Ratio3.28

Quick Ratio3.13

Price-To-Earnings

Trailing P/E Ratio19.18

Forward P/E Ratio0.15

P/E GrowthN/A

Sales & Book Value

Annual Sales£485.80 million

Price / Sales5.89

Cash FlowGBX 110.35 per share

Price / Cash Flow7.02

Book ValueGBX 220.30 per share

Price / Book3.52

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees1,810

Outstanding Shares369,439,008

Market Cap£2.86 billion

Next Earnings Date7/23/2020 (Estimated)

OptionableNot Optionable

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IG Group (LON:IGG) Frequently Asked Questions

How has IG Group's stock been impacted by COVID-19 (Coronavirus)?

IG Group's stock was trading at GBX 638.40 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, IGG stock has increased by 21.4% and is now trading at GBX 775. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of IG Group?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IG Group in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for IG Group.

When is IG Group's next earnings date?

IG Group is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for IG Group.

How were IG Group's earnings last quarter?

IG Group Holdings plc (LON:IGG) announced its quarterly earnings results on Tuesday, January, 22nd. The company reported $24.90 earnings per share for the quarter. View IG Group's earnings history.

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

IG Group announced a dividend on Tuesday, January 21st. Shareholders of record on Thursday, January 30th will be given a dividend of GBX 12.96 per share on Thursday, February 27th. This represents a dividend yield of 1.88%. The ex-dividend date of this dividend is Thursday, January 30th. The official announcement can be seen at this link. View IG Group's dividend history.

What price target have analysts set for IGG?

6 Wall Street analysts have issued 12 month price objectives for IG Group's shares. Their forecasts range from GBX 657 to GBX 910. On average, they anticipate IG Group's stock price to reach GBX 805.33 in the next year. This suggests a possible upside of 3.9% from the stock's current price. View analysts' price targets for IG Group.

Has IG Group been receiving favorable news coverage?

Media headlines about IGG stock have been trending somewhat positive on Friday, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. IG Group earned a news sentiment score of 1.6 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutIG Group.

Who are some of IG Group's key competitors?

Some companies that are related to IG Group include Principal Financial Group (PFG), Canaccord Genuity Group (CF), LADENBURG THALM/SH SH (LTS), Charles Stanley Group (CAY), Currency Exchange International (CXI), Jarvis Securities (JIM), W.H. Ireland Group (WHI) and Pinetree Capital (PNP). View all competitors.

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 Intl (VRX) and Aldermore Group (ALD).

Who are IG Group's key executives?

IG Group's management team includes the following people:

Ms. June Yee Felix, CEO & Exec. Director (Age 63)
Mr. Paul Richard Mainwaring, CFO & Exec. Director (Age 56)
Ms. Lizzie Counihan, Head of Operations
Mr. Jonathan Mark Noble Noble, Chief Information Officer & Exec. Director (Age 43)
Liz Scorer, Head of Investor Relations

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 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.

What is IG Group's stock price today?

One share of IGG stock can currently be purchased for approximately GBX 775.

How big of a company is IG Group?

IG Group has a market capitalization of £2.86 billion and generates £485.80 million in revenue each year. IG Group employs 1,810 workers across the globe.

What is IG Group's official website?

The official website for IG Group is www.iggroup.com.

How can I contact IG Group?

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

This page was last updated on 6/5/2020 by MarketBeat.com Staff