LON:IGG

IG Group (IGG) Share Forecast, Price & News

GBX 673.50

-10.50 (-1.54%)

(As of 04:45 PM ET)

Compare

Today's Range: 671
▼
686
50-Day Range: 680.50
▼
735.50
52-Week Range: 646.75
▼
851

Volume: 1.33 million shs
Average Volume: 1.08 million shs
Market Capitalization: £2.76 billion

P/E Ratio: 748.33
Dividend Yield: 6.68%
Price Target: GBX 1,103.33

Profile Analyst Ratings Chart Competitors Dividend Insider Trades Headlines

IG Group MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 63.8% Upside
GBX 1,103.33 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Acquiring Shares
£1.49 M Bought 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.

2.10 out of 5 stars

3.4

Analyst's Opinion

Consensus Rating
IG Group has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 1,103.33, IG Group has a forecasted upside of 63.8% from its current price of GBX 673.50.
Amount of Analyst Coverage
IG Group has only been the subject of 1 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 6.47%, 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 5,000.00%. 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.

1.7

News and Social Media Coverage

News Sentiment
IG Group has a news sentiment score of 0.03. 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 0.69 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 1 news article for IG Group this week, compared to 0 articles on an average week.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, IG Group insiders have bought 70.13% more of their company's stock than they have sold. Specifically, they have bought £14,854.07 in company stock and sold £8,731.26 in company stock.
Percentage Held by Insiders
Only 5.57% of the stock of IG Group is held by insiders.
Percentage Held by Institutions
68.65% 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 748.33, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 124.09.
Price to Earnings Ratio vs. Sector
The P/E ratio of IG Group is 748.33, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 155.76.
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 1.44. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About IG Group (LON:IGG) Stock

IG Group Holdings plc engages in the online trading business worldwide. The company offers over-the-counter (OTC) leveraged 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 spread bets and options. 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 services and investment services that include commodities, equities, and fixed-income assets. Further, it provides spread betting, CFD trading, foreign exchange trading, market risk management, data distribution, investment advisory, software development and support, financial, publication, exchange-traded funds trading, and translation services, as well as issues turbo warrants. The company was founded in 1974 and is headquartered in London, the United Kingdom.

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IGG Stock News Headlines

May 25, 2023 | americanbankingnews.com

Charlie Rozes Sells 1,242 Shares of IG Group Holdings plc (LON:IGG) Stock

May 14, 2023 | finance.yahoo.com

IG Group Holdings (LON:IGG) shareholders have earned a 1.9% CAGR over the last five years

May 31, 2023 | Edge On The Street (Ad)

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April 7, 2023 | msn.com

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March 28, 2023 | msn.com

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May 31, 2023 | Edge On The Street (Ad)

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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

March 15, 2023 | finance.yahoo.com

UPDATE 1-UK's IG Group sees annual revenue, profit in line with market view

March 15, 2023 | marketwatch.com

COVID-19 IgM/IgG Antibody Rapid Test Kits Market : Key Trends and Opportunities by State and Territory to 2028

March 2, 2023 | finance.yahoo.com

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February 23, 2023 | marketwatch.com

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February 9, 2023 | forbes.com

Will Nasal Vaccines Lift Us Out Of The Pandemic?

February 2, 2023 | msn.com

IGG probes sale of jobs in local govt

January 30, 2023 | finance.yahoo.com

IG Group Holdings (LON:IGG) Is Increasing Its Dividend To £0.1326

January 26, 2023 | msn.com

Earnings: why IG Group Holdings shares are gaining

January 26, 2023 | reuters.com

IG Group extends share buyback by 50 mln pounds

January 17, 2023 | reuters.com

IGG.L - | Stock Price & Latest News | Reuters

December 5, 2022 | finance.yahoo.com

Investors in IG Group Holdings (LON:IGG) have made a notable return of 66% over the past five years

December 4, 2022 | msn.com

2 dividend stocks that are dirt-cheap right now

November 23, 2022 | forbes.com

Hope For A New Treatment On The Horizon For Zika Virus

November 14, 2022 | markets.businessinsider.com

EQS-News: Biotest AG: Biotest receives approval for new intravenous immunoglobulin Yimmugo® (IgG Next Generation)

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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IGG Company Calendar

Last Earnings: 1/22/2019
Ex-Dividend for 3/3 Dividend: 2/02/2023
Dividend Payable: 3/03/2023
Today: 5/31/2023

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Industry, Sector and Symbol

Stock Exchange: LON
Industry: Investment Brokerage - National
Sub-Industry: N/A
Sector: Finance
Current Symbol: LON:IGG
CUSIP: N/A
CIK: N/A
Web: www.iggroup.com
Phone: +44-20-78960011
Fax: N/A
Employees: 2,424
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: GBX 1,103.33
High Stock Price Forecast: GBX 1,210
Low Stock Price Forecast: GBX 1,000
Forecasted Upside/Downside: +61.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 0.90
Trailing P/E Ratio: 760.56
Forward P/E Ratio: 7.69
P/E Growth: -1.44
Net Income: £388.40 million
Net Margins: 49.15%
Pretax Margin: N/A
Return on Equity: 20.83%
Return on Assets: 13.51%

Debt

Debt-to-Equity Ratio: 15.89
Current Ratio: 2.29
Quick Ratio: 2.40

Sales & Book Value

Annual Sales: £1.01 billion
Price / Sales: 2.78
Cash Flow: GBX 245.91 per share
Price / Cash Flow: 2.78
Book Value: GBX 468 per share
Price / Book: 1.46

Miscellaneous

Outstanding Shares: 409,670,000
Free Float: N/A
Market Cap: £2.80 billion
Optionable: Not Optionable
Beta: 0.46

Key Executives

Ms. June Yee Felix (Age 66)
CEO & Exec. Director
Comp: $691k

Mr. Charles Arthur Rozes (Age 55)
CFO & Exec. Director
Comp: $553k

Mr. Jonathan Mark Noble (Age 46)
COO & Exec. Director
Comp: $448k

Ms. Elizabeth Scorer
Head of Investor Relations

Ramon Kaur
Head of Communications

Mr. Adam Dance
Director of Bus. Devel.

Ms. Katherine Whitton
Chief Marketing Officer

Ms. Barbara Duffy
Chief People Officer

Mr. David Horsley
Head of Fin.

Joe McCaughran
Chief Risk Officer

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 equities 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 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 forecast for 2023?: 4 Wall Street research analysts have issued 1 year price targets for IG Group's shares. Their IGG share price forecasts range from GBX 1,000 to GBX 1,210. On average, they anticipate the company's share price to reach GBX 1,103.33 in the next year. This suggests a possible upside of 61.2% 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 12.5% and is now trading at GBX 684.50.
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 for the quarter. IG Group had a trailing twelve-month return on equity of 20.83% and a net margin of 49.15%.
How often does IG Group pay dividends? What is the dividend yield for IG Group?: IG Group declared a dividend on Thursday, January 26th. Shareholders of record on Thursday, February 2nd will be paid a dividend of GBX 13.26 per share on Friday, March 3rd. This represents a dividend yield of 1.7%. The ex-dividend date is Thursday, February 2nd. The official announcement can be accessed 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 6.47%. IGG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 5,000.00%. 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 684.50.
How much money does IG Group make?: IG Group (LON:IGG) has a market capitalization of £2.80 billion and generates £1.01 billion in revenue each year. The company earns £388.40 million in net income (profit) each year or GBX 0.90 on an earnings per share basis.
How many employees does IG Group have?: The company employs 2,424 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 5/31/2023 by MarketBeat.com Staff

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IG Group (IGG) Share Forecast, Price & News

IG Group MarketRank™ Forecast

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

Company Ownership

Earnings and Valuation

About IG Group (LON:IGG) Stock

IGG Stock News Headlines

IGG Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

IGG Stock - Frequently Asked Questions

Overall MarketRank^™