About Ebix (NASDAQ:EBIX)
Ebix, Inc. (Ebix) is a supplier of software and e-commerce solutions to the insurance industry. Ebix provides application software products for the insurance industry, including carrier systems, agency systems and exchanges, as well as custom software development. Ebix conducts its operations through four channels, which include Exchanges, Carrier Systems, Broker Systems and Risk Compliance Solutions (RCS). Ebix operates data exchanges in the areas of life insurance, annuities, employee health benefits, risk management, workers compensation, and property and casualty (P&C) insurance. Ebix designs and deploys back-end systems for P&C insurance brokers across the world. Ebix also designs and deploys on-demand and back-end systems for P&C insurance companies. Ebix focus in RCS channel pertains to business process outsourcing services that include providing project management, time and material consulting to clients across the world, and claims adjudication/settlement services.
Industry, Sector and Symbol
Industry Enterprise Software
Trailing P/E Ratio25.15
Forward P/E Ratio25.23
Sales & Book Value
Annual Sales$298.29 million
Price / Sales8.14
Cash Flow$3.24 per share
Price / Cash23.83
Book Value$13.53 per share
Price / Book5.71
Net Income$93.84 million
Return on Equity21.31%
Return on Assets11.06%
Ebix (NASDAQ:EBIX) Frequently Asked Questions
What is Ebix's stock symbol?
Ebix trades on the NASDAQ under the ticker symbol "EBIX."
How often does Ebix pay dividends? What is the dividend yield for Ebix?
Ebix declared a quarterly dividend on Friday, November 10th. Investors of record on Thursday, November 30th will be given a dividend of $0.075 per share on Friday, December 15th. This represents a $0.30 annualized dividend and a dividend yield of 0.39%. The ex-dividend date is Wednesday, November 29th. View Ebix's Dividend History.
When did Ebix's stock split? How did Ebix's stock split work?
Shares of Ebix split on Monday, August 1st 2016. The 3-1 split was announced on Monday, May 23rd 2016. The newly issued shares were payable to shareholders after the market closes on Friday, July 29th 2016. An investor that had 100 shares of Ebix stock prior to the split would have 300 shares after the split.
How will Ebix's stock buyback program work?
Ebix announced that its Board of Directors has initiated a share buyback plan on Friday, April 7th 2017, which authorizes the company to buyback $150,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 8.1% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's board believes its stock is undervalued.
How were Ebix's earnings last quarter?
Ebix, Inc. (NASDAQ:EBIX) issued its quarterly earnings results on Monday, August, 8th. The technology company reported $0.70 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.63 by $0.07. The technology company earned $72.60 million during the quarter, compared to analyst estimates of $71.20 million. Ebix had a return on equity of 21.31% and a net margin of 29.08%. The firm's quarterly revenue was up 5.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.54 EPS. View Ebix's Earnings History.
When will Ebix make its next earnings announcement?
Where is Ebix's stock going? Where will Ebix's stock price be in 2017?
3 brokerages have issued twelve-month price objectives for Ebix's stock. Their predictions range from $87.00 to $87.00. On average, they anticipate Ebix's stock price to reach $87.00 in the next twelve months. View Analyst Ratings for Ebix.
Who are some of Ebix's key competitors?
Some companies that are related to Ebix include Fair Isaac (FICO), Paycom Software (PAYC), SolarWinds (SWI), Pegasystems (PEGA), Ringcentral (RNG), RealPage (RP), Black Knight InfoServ (LPS), Ellie Mae (ELLI), HubSpot (HUBS), FleetMatics Group (FLTX), Advent Software (ADVS), Envestnet (ENV), The Descartes Systems Group (DSGX), Luxoft (LXFT), Q2 (QTWO), MicroStrategy (MSTR), AppFolio (APPF) and Hortonworks (HDP).
Who are Ebix's key executives?
Ebix's management team includes the folowing people:
- Robin Raina, Chairman of the Board, President, Chief Executive Officer (Age 50)
- Sean T. Donaghy, Chief Financial Officer (Age 51)
- Leon d'Apice, Executive Vice President & Managing Director - Ebix Australia Group (Age 60)
- Robert F. Kerris, Executive Vice President - Corporate Officer of Mergers & Acquisitions and Special Projects (Age 62)
- Graham John Prior, Corporate Executive Vice President International Business & Intellectual Property (Age 60)
- James S. Senge Sr., Senior Vice President - EbixHealth (Age 56)
- Hans Ueli Keller, Lead Independent Director (Age 64)
- Hans U. Benz, Independent Director (Age 70)
- Pavan Bhalla, Independent Director (Age 54)
- Neil David Eckert, Independent Director (Age 54)
Who owns Ebix stock?
Ebix's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Villere ST Denis J & Co. LLC (2.90%), First Trust Advisors LP (2.55%), Dimensional Fund Advisors LP (1.83%), Ashford Capital Management Inc. (1.59%), Ameriprise Financial Inc. (1.21%) and Bank of New York Mellon Corp (0.94%). Company insiders that own Ebix stock include Graham John Prior, Hans U Benz, Hans Ueli Keller, Leon Royden Thomas D'apice, Neil D Eckert, Robert F Kerris and Sean T Donaghy. View Institutional Ownership Trends for Ebix.
Who sold Ebix stock? Who is selling Ebix stock?
Ebix's stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Allianz Asset Management GmbH, KBC Group NV, Bank of New York Mellon Corp, Piedmont Investment Advisors LLC, California State Teachers Retirement System, Dimensional Fund Advisors LP and New York State Teachers Retirement System. Company insiders that have sold Ebix company stock in the last year include Graham John Prior, Hans U Benz, Hans Ueli Keller, Leon Royden Thomas D'apice, Neil D Eckert, Robert F Kerris and Sean T Donaghy. View Insider Buying and Selling for Ebix.
Who bought Ebix stock? Who is buying Ebix stock?
Ebix's stock was acquired by a variety of institutional investors in the last quarter, including Villere ST Denis J & Co. LLC, Granahan Investment Management Inc. MA, Ameriprise Financial Inc., Essex Investment Management Co. LLC, Cornerstone Capital Management Holdings LLC., 361 Capital LLC, HAP Trading LLC and Wasatch Advisors Inc.. View Insider Buying and Selling for Ebix.
How do I buy Ebix stock?
Shares of Ebix can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Ebix's stock price today?
One share of Ebix stock can currently be purchased for approximately $77.20.
How big of a company is Ebix?
Ebix has a market capitalization of $2.42 billion and generates $298.29 million in revenue each year. The technology company earns $93.84 million in net income (profit) each year or $3.09 on an earnings per share basis. Ebix employs 2,988 workers across the globe.
How can I contact Ebix?
Ebix's mailing address is 1 Ebix Way, JOHNS CREEK, GA 30097-5781, United States. The technology company can be reached via phone at +1-678-2812020 or via email at [email protected]
MarketBeat Community Rating for Ebix (EBIX)MarketBeat's community ratings are surveys of what our community members think about Ebix and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Ebix (NASDAQ:EBIX) Earnings History and Estimates Chart
Ebix (NASDAQ EBIX) Earnings History by Quarter
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/8/2017||Q2 2017||$0.67||$0.74||$81.35 million||$87.39 million||View||Listen|
|5/9/2017||Q1 2017||$0.76||$0.83||$81.00 million||$79.10 million||View||Listen|
|2/28/2017||Q416||$0.67||$0.76||$75.30 million||$80.05 million||View||Listen|
|11/9/2016||Q316||$0.63||$0.74||$73.00 million||$74.60 million||View||Listen|
|8/8/2016||Q216||$0.63||$0.70||$71.20 million||$72.60 million||View||Listen|
|5/9/2016||Q116||$0.58||$0.67||$69.35 million||$71.10 million||View||Listen|
|2/29/2016||Q415||$0.56||$0.65||$66.85 million||$70.20 million||View||Listen|
|11/6/2015||Q315||$0.51||$0.59||$65.12 million||$66.80 million||View||N/A|
|8/7/2015||Q215||$0.48||$0.54||$63.50 million||$64.70 million||View||N/A|
|5/8/2015||Q115||$0.43||$0.51||$61.00 million||$63.80 million||View||N/A|
|3/13/2015||Q414||$0.39||$0.45||$52.90 million||$60.60 million||View||N/A|
|11/7/2014||Q314||$0.36||$0.47||$51.80 million||$50.80 million||View||N/A|
|8/8/2014||Q214||$0.38||$0.35||$52.00 million||$51.50 million||View||N/A|
|5/9/2014||Q114||$0.36||$0.40||$51.50 million||$51.40 million||View||N/A|
|3/14/2014||Q413||$0.31||$0.40||$50.75 million||$50.80 million||View||N/A|
|11/8/2013||Q313||$0.31||$0.34||$51.25 million||$50.30 million||View||N/A|
|8/9/2013||Q2 2013||$0.32||$0.35||$52.00 million||$51.00 million||View||N/A|
|5/10/2013||Q1 2013||$0.44||$0.45||$54.16 million||$52.60 million||View||N/A|
|3/14/2013||Q4 2012||$0.45||$0.48||$54.34 million||$54.00 million||View||N/A|
|11/8/2012||Q312||$0.41||$0.46||$50.90 million||$53.80 million||View||N/A|
Ebix (NASDAQ:EBIX) Earnings Estimates
2017 EPS Consensus Estimate: $3.06
2018 EPS Consensus Estimate: $3.74
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Ebix (NASDAQ:EBIX) Dividend Information
|Payout Ratio:||9.71% (Trailing 12 Months of Earnings) |
9.80% (Based on This Year's Estimates)
8.26% (Based on Next Year's Estimates)
Ebix (NASDAQ:EBIX) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Ebix (NASDAQ EBIX) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 13.80%
Institutional Ownership Percentage: 63.05%
Ebix (NASDAQ EBIX) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|11/16/2017||Sean T Donaghy||CFO||Sell||600||$75.56||$45,336.00|| |
|11/15/2017||Hans U Benz||Director||Sell||2,850||$73.30||$208,905.00|| |
|6/12/2017||Graham John Prior||VP||Sell||18,500||$55.33||$1,023,605.00|| |
|3/23/2017||Leon Royden Thomas D'apice||EVP||Sell||7,500||$60.68||$455,100.00|| |
|3/22/2017||Hans Ueli Keller||Director||Sell||2,675||$60.42||$161,623.50|| |
|12/22/2016||Hans U Benz||Director||Sell||4,641||$57.31||$265,975.71|| |
|12/21/2016||Robert F. Kerris||CFO||Sell||1,212||$58.92||$71,411.04|| |
|12/20/2016||Neil D Eckert||Director||Sell||19,304||$59.41||$1,146,850.64|| |
|12/16/2016||Hans U Benz||Director||Sell||6,549||$59.28||$388,224.72|| |
|12/9/2016||Hans Ueli Keller||Director||Sell||2,549||$59.67||$152,098.83|| |
|12/1/2016||Hans Ueli Keller||Director||Sell||4,000||$57.94||$231,760.00|| |
|11/11/2016||Robert F Kerris||CFO||Sell||1,171||$59.22||$69,346.62|| |
|6/21/2016||Robert F Kerris||CFO||Sell||1,211||$47.73||$57,801.03|| |
|5/31/2016||Hans Ueli Keller||Director||Sell||3,684||$45.49||$167,585.16|| |
|3/28/2016||Robert F Kerris||CFO||Sell||1,211||$39.57||$47,919.27|| |
|3/3/2016||Hans U Benz||Director||Sell||7,464||$40.95||$305,650.80|| |
|3/2/2016||Robert F Kerris||CFO||Sell||1,067||$40.86||$43,597.62|| |
|9/22/2015||Robert F Kerris||CFO||Sell||1,211||$27.73||$33,581.03|| |
|6/24/2015||Robert F Kerris||CFO||Sell||1,211||$33.55||$40,629.05|| |
|5/22/2015||Fondation Rennes||Major Shareholder||Buy||14,400||$37.35||$537,840.00|| |
|5/21/2015||Fondation Rennes||Major Shareholder||Buy||16,600||$36.93||$613,038.00|| |
|4/16/2015||Fondation Rennes||Major Shareholder||Buy||30,000||$28.70||$861,000.00|| |
|4/2/2015||Fondation Rennes||Major Shareholder||Buy||15,000||$29.43||$441,450.00|| |
|4/1/2015||Fondation Rennes||Major Shareholder||Buy||14,200||$29.87||$424,154.00|| |
|3/30/2015||Fondation Rennes||Major Shareholder||Buy||5,800||$29.93||$173,594.00|| |
|3/24/2015||Leon Royden Thomas D'apice||EVP||Sell||25,000||$30.94||$773,500.00|| |
|3/20/2015||Robert F Kerris||CFO||Sell||4,845||$30.29||$146,755.05|| |
|3/24/2014||Pavan Bhalla||Director||Sell||40,000||$16.95||$678,000.00|| |
Ebix (NASDAQ EBIX) News Headlines
|Ebix, Inc. (EBIX) Expected to Post Earnings of $0.75 Per Share|
www.americanbankingnews.com - December 11 at 1:34 PM
|ETFs with exposure to Ebix, Inc. : December 7, 2017|
finance.yahoo.com - December 7 at 5:29 PM
|Ebix, Inc. :EBIX-US: Earnings Analysis: Q3, 2017 By the Numbers : December 5, 2017|
finance.yahoo.com - December 5 at 10:28 AM
|What went wrong at Patriot National|
www.bizjournals.com - December 1 at 5:04 PM
|Ebix, Inc. : EBIX-US: Dividend Analysis : November 30th, 2017 (record date) : By the numbers : November 30, 2017|
finance.yahoo.com - November 30 at 5:04 PM
|Analysts Anticipate Ebix, Inc. (EBIX) to Announce $0.75 Earnings Per Share|
www.americanbankingnews.com - November 29 at 5:52 AM
|Ebix (EBIX) Rating Lowered to Hold at Zacks Investment Research|
www.americanbankingnews.com - November 28 at 6:30 PM
|Ebix, Inc. to Issue Quarterly Dividend of $0.08 (EBIX)|
www.americanbankingnews.com - November 24 at 8:58 AM
|Form 4 EBIX INC For: Nov 15 Filed by: Benz Hans U|
www.streetinsider.com - November 22 at 4:25 AM
|Form 4 EBIX INC For: Nov 15 Filed by: Benz Hans U - StreetInsider.com|
www.streetinsider.com - November 21 at 5:05 AM
|Ebix, Inc. (EBIX) Upgraded to "Buy" by Zacks Investment Research|
www.americanbankingnews.com - November 20 at 7:32 PM
|Ebix: Niche Business With Outstanding Value Proposition|
seekingalpha.com - November 20 at 6:58 PM
|Ebix, Inc. (EBIX) Director Sells $208,905.00 in Stock|
www.americanbankingnews.com - November 20 at 1:50 PM
|VARA and Ebix Announce Joint Venture, to Address IT & BPO Outsourcing in the Financial & Insurance Sector in India - GlobeNewswire (press release)|
globenewswire.com - November 19 at 10:28 PM
|Sean T. Donaghy Sells 600 Shares of Ebix, Inc. (EBIX) Stock|
www.americanbankingnews.com - November 17 at 9:28 PM
|BRIEF-Vara and Ebix form JV|
www.reuters.com - November 17 at 12:49 PM
|VARA and Ebix Announce Joint Venture, to Address IT & BPO Outsourcing in the Financial & Insurance Sector in India|
finance.yahoo.com - November 17 at 12:49 PM
|Zacks: Analysts Set $80.00 Target Price for Ebix, Inc. (EBIX)|
www.americanbankingnews.com - November 14 at 9:28 PM
|Ebix Inc 2017 Q3 - Results - Earnings Call Slides|
seekingalpha.com - November 12 at 4:02 AM
|Analysts Expect Ebix, Inc. (EBIX) to Announce $0.75 EPS|
www.americanbankingnews.com - November 11 at 3:50 AM
|Ebix Declares 7.5 Cent Quarterly Dividend, Payable December 15th, to Shareholders of Record November 30, 2017 - GlobeNewswire (press release)|
globenewswire.com - November 10 at 6:42 PM
|BRIEF-Ebix Inc Q3 revenue $92.8 mln|
www.businessinsider.com - November 10 at 11:47 AM
|Stocks Showing Rising Market Leadership: Ebix Earns 86 RS Rating|
finance.yahoo.com - November 10 at 11:47 AM
|William Blair Comments on Ebix, Inc.'s FY2017 Earnings (EBIX)|
www.americanbankingnews.com - November 10 at 8:34 AM
|Ebix Declares 7.5 Cent Quarterly Dividend, Payable December 15th, to Shareholders of Record November 30, 2017|
feeds.benzinga.com - November 10 at 7:56 AM
|Craig Hallum Reiterates Buy Rating for Ebix, Inc. (EBIX)|
www.americanbankingnews.com - November 9 at 9:34 AM
|Ebix Q3 Revenues Rose 24% to a Record $92.8M, Operating Income Rose 15% to $27.9M and Diluted EPS Rose 4 ... - GlobeNewswire (press release)|
globenewswire.com - November 9 at 1:45 AM
|Ebix Q3 Revenues Rose 24% to a Record $92.8M, Operating Income Rose 15% to $27.9M and Diluted EPS Rose 4% to $0.76|
finance.yahoo.com - November 9 at 1:45 AM
|Ebix posts 3Q profit|
finance.yahoo.com - November 9 at 1:45 AM
|Edited Transcript of EBIX earnings conference call or presentation 8-Nov-17 4:00pm GMT|
finance.yahoo.com - November 9 at 1:45 AM
|Ebix, Inc. (EBIX) Expected to Post Quarterly Sales of $89.46 Million|
www.americanbankingnews.com - November 6 at 4:12 AM
| Brokerages Anticipate Ebix, Inc. (EBIX) Will Post Earnings of $0.74 Per Share|
www.americanbankingnews.com - November 4 at 1:20 PM
|ItzCash Part 3 - Where ItzCash Becomes EbixCash And Ebix Reaches $10 EPS|
seekingalpha.com - November 3 at 11:25 PM
|Ebix Hosts Q3 Investor Call Wednesday, November 8th at 11:00 am ET - GlobeNewswire (press release)|
globenewswire.com - November 3 at 1:23 PM
|Ebix Hosts Q3 Investor Call Wednesday, November 8th at 11:00 a.m. ET|
feeds.benzinga.com - November 2 at 7:42 AM
|Ebix Expands on Leadership Position in Financial Exchange Markets in India through the Acquisition of Leading Travel ... - GlobeNewswire (press release)|
globenewswire.com - November 2 at 12:05 AM
|BRIEF-Ebix Inc to buy Via.com for about $74.9 million|
www.reuters.com - October 31 at 7:22 PM
|Ebix Expands on Leadership Position in Financial Exchange Markets in India through the Acquisition of Leading Travel Exchange Via|
finance.yahoo.com - October 31 at 7:22 PM
|Ebix, Inc. (EBIX) Scheduled to Post Quarterly Earnings on Tuesday|
www.americanbankingnews.com - October 31 at 8:11 AM
|Ebix At Upper End Of Buy Zone With Earnings Due|
finance.yahoo.com - October 28 at 2:24 AM
|Zacks: Ebix, Inc. (EBIX) Given $75.00 Average Target Price by Analysts|
www.americanbankingnews.com - October 27 at 3:06 AM
|Ebix, Inc. (EBIX) PT Raised to $80.00|
www.americanbankingnews.com - October 26 at 7:24 PM
|India's Premier Stock Exchange BSE and World's largest Insurance Exchange Ebix, Inc. Sign MOU to Launch Joint ... - GlobeNewswire (press release)|
globenewswire.com - October 26 at 6:43 PM
|India’s Premier Stock Exchange BSE and World’s largest Insurance Exchange Ebix, Inc. Sign MOU to Launch Joint Venture Company, for Setting up Pioneering Insurance Distribution Network in India|
finance.yahoo.com - October 26 at 1:40 PM
|ETFs with exposure to Ebix, Inc. : October 18, 2017|
finance.yahoo.com - October 18 at 7:28 PM
|$89.46 Million in Sales Expected for Ebix, Inc. (EBIX) This Quarter|
www.americanbankingnews.com - October 17 at 3:20 AM
| Brokerages Anticipate Ebix, Inc. (EBIX) Will Announce Earnings of $0.74 Per Share|
www.americanbankingnews.com - October 15 at 10:22 PM
|Ebix Completes Acquisition of Two Inward International Remittance Businesses in India - GlobeNewswire (press release)|
globenewswire.com - October 12 at 6:58 PM
|Ebix Completes Acquisition of Two Inward International Remittance Businesses in India|
finance.yahoo.com - October 12 at 6:58 PM
| Ebix, Inc. (EBIX) Given Average Rating of "Strong Buy" by Brokerages|
www.americanbankingnews.com - October 10 at 12:12 PM
Ebix (NASDAQ:EBIX) SEC Filings
Ebix (NASDAQ:EBIX) Income Statement, Balance Sheet and Cash Flow Statement
Ebix (NASDAQ EBIX) Stock Chart for Tuesday, December, 12, 2017