Ebix - EBIX Stock Forecast, Price & News

0 Wall Street research analysts have issued 1 year price objectives for Ebix's shares. Their EBIX share price forecasts range from $150.00 to $150.00. On average, they expect the company's stock price to reach $150.00 in the next twelve months. This suggests a possible upside of 676.4% from the stock's current price.
View analysts price targets for EBIX or view top-rated stocks among Wall Street analysts.

Ebix's stock was trading at $30.40 at the beginning of the year. Since then, EBIX shares have decreased by 36.4% and is now trading at $19.32.
View the best growth stocks for 2022 here.

Ebix saw a decline in short interest during the month of November. As of November 15th, there was short interest totaling 5,320,000 shares, a decline of 14.3% from the October 31st total of 6,210,000 shares. Based on an average trading volume of 469,500 shares, the days-to-cover ratio is currently 11.3 days. Approximately 21.9% of the company's stock are short sold.
View Ebix's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 8th 2023.
View our EBIX earnings forecast.

Ebix, Inc. (NASDAQ:EBIX) posted its quarterly earnings data on Tuesday, November, 9th. The technology company reported $0.72 EPS for the quarter, topping the consensus estimate of $0.66 by $0.06. The technology company had revenue of $191.70 million for the quarter, compared to the consensus estimate of $211.80 million. Ebix had a trailing twelve-month return on equity of 12.51% and a net margin of 6.80%. The firm's quarterly revenue was up 24.2% compared to the same quarter last year. During the same period last year, the business earned $0.93 earnings per share.

Ebix declared a quarterly dividend on Wednesday, November 23rd. Shareholders of record on Monday, December 5th will be paid a dividend of $0.075 per share on Friday, December 16th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.55%. The ex-dividend date of this dividend is Friday, December 2nd.
Read our dividend analysis for EBIX.

Ebix (NASDAQ:EBIX) pays an annual dividend of $0.30 per share and currently has a dividend yield of 1.55%. The dividend payout ratio is 12.82%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for EBIX.

Ebix shares split on Monday, August 1st 2016. The 3-1 split was announced on Monday, May 23rd 2016. The newly issued shares were issued to shareholders after the closing bell on Friday, July 29th 2016. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.

305 employees have rated Ebix Chief Executive Officer Robin Raina on Glassdoor.com. Robin Raina has an approval rating of 41% among the company's employees. This puts Robin Raina in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Ebix investors own include CA (CA), BlackRock (BLK), Chipotle Mexican Grill (CMG), Endologix (ELGX), Micron Technology (MU), Athabasca Oil (ATH), NIC (EGOV), Aegean Marine Petroleum Network (ANW), QUALCOMM (QCOM) and Advanced Micro Devices (AMD).

Ebix trades on the NASDAQ under the ticker symbol "EBIX."

Ebix's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.45%), Vanguard Group Inc. (9.50%), Villere ST Denis J & Co. LLC (4.67%), Dimensional Fund Advisors LP (3.74%), State Street Corp (3.29%) and Fred Alger Management LLC (1.62%). Insiders that own company stock include James Scott Sr Senge Sr, Neil D Eckert and Robin Raina.
View institutional ownership trends.

Shares of EBIX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of EBIX stock can currently be purchased for approximately $19.32.

Ebix (NASDAQ:EBIX) has a market capitalization of $597.07 million and generates $994.94 million in revenue each year. The technology company earns $68.19 million in net income (profit) each year or $2.34 on an earnings per share basis.

The company employs 10,030 workers across the globe.

Ebix's mailing address is 1 EBIX WAY, JOHNS CREEK GA, 30097. The official website for the company is www.ebix.com. The technology company can be reached via phone at (678) 281-2020, via email at ir@ebix.com, or via fax at 678-281-2019.