Ebix - EBIX Stock Forecast, Price & News

0 equities research analysts have issued 1-year target prices for Ebix's stock. Their EBIX share price forecasts range from $35.00 to $35.00. On average, they predict the company's share price to reach $35.00 in the next year. This suggests a possible upside of 155.8% 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 $19.96 at the beginning of 2023. Since then, EBIX shares have decreased by 31.5% and is now trading at $13.68.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 9th 2023.
View our EBIX earnings forecast.

Ebix, Inc. (NASDAQ:EBIX) issued its quarterly earnings data on Tuesday, November, 9th. The technology company reported $0.72 earnings per share (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 analysts' expectations of $211.80 million. Ebix had a net margin of 6.16% and a trailing twelve-month return on equity of 11.34%. Ebix's quarterly revenue was up 24.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.93 EPS.

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 annualized dividend and a dividend yield of 2.19%. The ex-dividend date is Friday, December 2nd.
Read our dividend analysis for EBIX.

ETFs with the largest weight of Ebix (NASDAQ:EBIX) stock in their portfolio include India Internet & Ecommerce ETF (INQQ), Invesco S&P SmallCap Value with Momentum ETF (XSVM), Roundhill Acquirers Deep Value ETF (DEEP), Invesco S&P SmallCap 600 Pure Value ETF (RZV), SPDR S&P Software & Services ETF (XSW), Invesco S&P SmallCap Information Technology ETF (PSCT), Syntax Stratified SmallCap ETF (SSLY) and FMQQ The Next Frontier Internet & Ecommerce ETF (FMQQ).

Ebix (NASDAQ:EBIX) pays an annual dividend of $0.30 per share and currently has a dividend yield of 2.19%. The dividend payout ratio is 14.29%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for EBIX.

Ebix shares split before market open 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 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 number of retail and institutional investors. Top institutional shareholders include Villere ST Denis J & Co. LLC (4.60%), Dimensional Fund Advisors LP (3.93%), Millennium Management LLC (2.40%), Geode Capital Management LLC (1.52%), Susquehanna International Group LLP (0.00%) and Charles Schwab Investment Management Inc. (1.19%). Insiders that own company stock include James Scott Sr Senge Sr and Neil D Eckert.
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.
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One share of EBIX stock can currently be purchased for approximately $13.68.

Ebix (NASDAQ:EBIX) has a market capitalization of $422.71 million and generates $1.05 billion in revenue each year. The technology company earns $68.19 million in net income (profit) each year or $2.10 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.