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 Ratio27.9449838187702
Forward P/E Ratio28.13
Sales & Book Value
Annual Sales$298.29 million
Price / Sales9.11
Cash Flow$3.29 per share
Price / Cash26.25
Book Value$13.53 per share
Price / Book6.38
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, February 16th. Investors of record on Wednesday, February 28th will be given a dividend of $0.075 per share on Thursday, March 15th. This represents a $0.30 annualized dividend and a dividend yield of 0.35%. The ex-dividend date is Tuesday, February 27th. View Ebix's Dividend History.
When did Ebix's stock split? How did Ebix's stock split work?
Ebix's stock split before market open on Monday, August 1st 2016. The 3-1 split was announced on Monday, May 23rd 2016. The newly created shares were distributed to shareholders after the closing bell 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 declared that its Board of Directors has approved a share repurchase 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 reacquire up to 8.1% of its shares through open market purchases. Shares buyback plans are often an indication that the company's board of directors believes its shares are undervalued.
How were Ebix's earnings last quarter?
Ebix Inc (NASDAQ:EBIX) announced its quarterly earnings results on Monday, August, 8th. The technology company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.07. The technology company earned $72.60 million during the quarter, compared to the consensus estimate of $71.20 million. Ebix had a return on equity of 21.31% and a net margin of 29.08%. The firm's revenue was up 5.3% on a year-over-year basis. During the same period last year, the business earned $0.54 earnings per share. 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 2018?
3 brokers have issued 1-year price objectives for Ebix's stock. Their predictions range from $87.00 to $90.00. On average, they anticipate Ebix's stock price to reach $88.50 in the next year. View Analyst Ratings for Ebix.
Who are some of Ebix's key competitors?
Some companies that are related to Ebix include Fair Isaac (FICO), RingCentral (RNG), SolarWinds (SWI), HubSpot (HUBS), RealPage (RP), Pegasystems (PEGA), Black Knight InfoServ (LPS), Ellie Mae (ELLI), Envestnet (ENV), FleetMatics Group (FLTX), Advent Software (ADVS), Descartes Systems Group (DSGX), Q2 (QTWO), Appian (APPN), Sailpoint Technologies (SAIL), MicroStrategy (MSTR), Varonis Systems (VRNS) and Luxoft (LXFT).
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 number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.15%), Villere ST Denis J & Co. LLC (2.93%), First Trust Advisors LP (2.50%), Fred Alger Management Inc. (2.01%), Bank of New York Mellon Corp (0.97%) and Wasatch Advisors Inc. (0.86%). 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 Schwab Charles Investment Management Inc., Goldman Sachs Group Inc., First Trust Advisors LP, Guggenheim Capital LLC, Metropolitan Life Insurance Co. NY, JT Stratford LLC, Millrace Asset Group Inc. and TIAA CREF Investment Management LLC. 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 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 Castleark Management LLC, BlackRock Inc., PenderFund Capital Management Ltd., Robeco Institutional Asset Management B.V., Nicholas Investment Partners LP, Deutsche Bank AG, The Manufacturers Life Insurance Company and EAM Investors LLC. 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 $86.35.
How big of a company is Ebix?
Ebix has a market capitalization of $2.73 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
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/8/2017||Q3 2017||$0.74||$0.76||$89.46 million||$92.80 million||View||N/A|
|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
2018 EPS Consensus Estimate: $3.86
(Earnings estimates 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) |
9.77% (Based on This Year's Estimates)
8.13% (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: 63.49%
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||Shares Held After Transaction||Details|
|12/15/2017||Leon Royden Thomas D'apice||EVP||Sell||3,500||$77.45||$271,075.00||63,971|| |
|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||2,909|| |
|6/12/2017||Graham John Prior||VP||Sell||18,500||$55.33||$1,023,605.00||18,506|| |
|3/23/2017||Leon Royden Thomas D'apice||EVP||Sell||7,500||$60.68||$455,100.00||67,471|| |
|3/22/2017||Hans Ueli Keller||Director||Sell||2,675||$60.42||$161,623.50||73,253|| |
|12/22/2016||Hans U Benz||Director||Sell||4,641||$57.31||$265,975.71||56,127|| |
|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||116,241|| |
|12/16/2016||Hans U Benz||Director||Sell||6,549||$59.28||$388,224.72||49,939|| |
|12/9/2016||Hans Ueli Keller||Director||Sell||2,549||$59.67||$152,098.83||69,753|| |
|12/1/2016||Hans Ueli Keller||Director||Sell||4,000||$57.94||$231,760.00||72,302|| |
|11/11/2016||Robert F Kerris||CFO||Sell||1,171||$59.22||$69,346.62||3,500|| |
|6/21/2016||Robert F Kerris||CFO||Sell||1,211||$47.73||$57,801.03||4,671|| |
|5/31/2016||Hans Ueli Keller||Director||Sell||3,684||$45.49||$167,585.16||69,753|| |
|3/28/2016||Robert F Kerris||CFO||Sell||1,211||$39.57||$47,919.27||5,882|| |
|3/3/2016||Hans U Benz||Director||Sell||7,464||$40.95||$305,650.80||49,939|| |
|3/2/2016||Robert F Kerris||CFO||Sell||1,067||$40.86||$43,597.62||7,093|| |
|9/22/2015||Robert F Kerris||CFO||Sell||1,211||$27.73||$33,581.03||8,304|| |
|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||33,379|| |
Ebix (NASDAQ EBIX) News Headlines
|Notable Wednesday Option Activity: EBIX, RST, INCY - Nasdaq|
www.nasdaq.com - February 22 at 8:18 AM
|Zacks: Ebix Inc (EBIX) Receives Consensus Rating of "Strong Buy" from Brokerages|
www.americanbankingnews.com - February 20 at 3:35 PM
|Ebix Extends Support to Lloyd's Plans to Mandate the Ebix Powered PPL Exchange - GlobeNewswire (press release)|
globenewswire.com - February 20 at 8:15 AM
|Ebix Extends Support to Lloyd’s Plans to Mandate the Ebix Powered PPL Exchange|
finance.yahoo.com - February 19 at 5:11 PM
|Ebix (EBIX) to Release Quarterly Earnings on Monday|
www.americanbankingnews.com - February 19 at 4:10 AM
|Ebix (EBIX) Lifted to Strong-Buy at BidaskClub|
www.americanbankingnews.com - February 17 at 1:02 PM
|$0.76 Earnings Per Share Expected for Ebix Inc (EBIX) This Quarter|
www.americanbankingnews.com - February 17 at 11:56 AM
|Ebix Declares 7.5 Cent Quarterly Dividend, Payable March 15, to Shareholders of Record February 28, 2018 - GlobeNewswire (press release)|
globenewswire.com - February 17 at 8:13 AM
|Ebix (EBIX) & CDK Global (CDK) Head to Head Review|
www.americanbankingnews.com - February 17 at 5:12 AM
|Analysts Expect Ebix Inc (EBIX) to Announce $0.76 Earnings Per Share|
www.americanbankingnews.com - February 17 at 1:30 AM
|Ebix Inc Declares Quarterly Dividend of $0.08 (EBIX)|
www.americanbankingnews.com - February 16 at 5:40 PM
|Ebix Declares 7.5 Cent Quarterly Dividend, Payable March 15, to Shareholders of Record February 28, 2018|
finance.yahoo.com - February 15 at 9:44 AM
|Zacks Investment Research Downgrades Ebix (EBIX) to Hold|
www.americanbankingnews.com - February 14 at 10:04 PM
|Ebix Completes Acquisition of Inward International Remittance Business from Transcorp International Limited (BSE:TRANSCOR.BO)|
finance.yahoo.com - February 14 at 9:34 AM
|Ebix (EBIX) Upgraded at Zacks Investment Research|
www.americanbankingnews.com - February 13 at 11:22 PM
|Contrasting NetSuite (N) and Ebix (EBIX)|
www.americanbankingnews.com - February 8 at 9:22 PM
|Ebix (EBIX) Downgraded by Zacks Investment Research to "Hold"|
www.americanbankingnews.com - February 8 at 6:12 AM
|Contrasting Ebix (EBIX) and MAM Software Group (MAMS)|
www.americanbankingnews.com - February 5 at 9:16 PM
| Analysts Set $88.50 Price Target for Ebix Inc (EBIX)|
www.americanbankingnews.com - February 2 at 11:30 PM
|Ebix Inc (EBIX) Expected to Announce Quarterly Sales of $96.33 Million|
www.americanbankingnews.com - February 2 at 4:40 AM
|Zacks: Brokerages Anticipate Ebix Inc (EBIX) Will Post Earnings of $0.76 Per Share|
www.americanbankingnews.com - January 31 at 1:14 PM
| Brokerages Set $88.50 Target Price for Ebix Inc (EBIX)|
www.americanbankingnews.com - January 30 at 3:28 AM
|Analysis: Positioning to Benefit within Ebix, Dime Community Bancshares, Ormat Technologies, Western Gas Equity Partners, LP, Whiting Petroleum, and Vista Gold — Research Highlights Growth, Revenue, and Consolidated Results|
finance.yahoo.com - January 24 at 8:05 AM
|$96.33 Million in Sales Expected for Ebix Inc (EBIX) This Quarter|
www.americanbankingnews.com - January 16 at 10:58 AM
|Zacks: Ebix Inc (EBIX) Given $88.50 Consensus Price Target by Brokerages|
www.americanbankingnews.com - January 15 at 6:02 AM
|FY2017 EPS Estimates for Ebix Inc Increased by William Blair (EBIX)|
www.americanbankingnews.com - January 15 at 2:40 AM
|CACI Remains Focused on Organic Growth Despite Headwinds|
www.zacks.com - January 9 at 9:45 AM
|Ebix Signs Agreement to Acquire Inward International Remittance Business from Transcorp International Limited (BSE ... - GlobeNewswire (press release)|
globenewswire.com - January 5 at 9:52 AM
|Ebix (EBIX) Reports Agreement to Acquire Inward International Remittance Business from Transcorp International for $7.4M|
www.streetinsider.com - January 4 at 5:07 PM
|BRIEF-Ebix Signs Agreement To Acquire Inward International Remittance Business From Transcorp International|
www.reuters.com - January 4 at 5:07 PM
|Ebix (EBIX) Rating Increased to Buy at Zacks Investment Research|
www.americanbankingnews.com - January 3 at 12:54 AM
|BRIEF-Ebix Ended Bid To Form JV With Vara Tech's Unit|
www.reuters.com - January 2 at 6:13 PM
|3 Stocks Set to Soar on New Analyst Coverage|
finance.yahoo.com - January 2 at 9:41 AM
| Ebix Inc (EBIX) Given Average Rating of "Strong Buy" by Analysts|
www.americanbankingnews.com - December 31 at 9:54 AM
| Brokerages Expect Ebix Inc (EBIX) Will Announce Quarterly Sales of $93.54 Million|
www.americanbankingnews.com - December 30 at 4:50 AM
|ETFs with exposure to Ebix, Inc. : December 29, 2017|
finance.yahoo.com - December 29 at 5:01 PM
|Form 4 EBIX INC For: Dec 15 Filed by: d'Apice Leon Royden Thomas|
www.streetinsider.com - December 29 at 10:17 AM
|Leon Royden Thomas D'apice Sells 3,500 Shares of Ebix Inc (EBIX) Stock|
www.americanbankingnews.com - December 28 at 4:08 PM
|Form 4 EBIX INC For: Dec 15 Filed by: d'Apice Leon Royden Thomas - StreetInsider.com|
www.streetinsider.com - December 28 at 6:23 AM
|Q3 2018 EPS Estimates for Ebix Inc (EBIX) Cut by William Blair|
www.americanbankingnews.com - December 21 at 4:20 PM
|William Blair Weighs in on Ebix Inc's Q1 2018 Earnings (EBIX)|
www.americanbankingnews.com - December 20 at 11:28 AM
|Ebix (EBIX) Given New $90.00 Price Target at Sidoti|
www.americanbankingnews.com - December 19 at 5:28 PM
|ETFs with exposure to Ebix, Inc. : December 18, 2017|
finance.yahoo.com - December 18 at 5:05 PM
| Ebix Inc (EBIX) Given $87.00 Consensus Target Price by Analysts|
www.americanbankingnews.com - December 15 at 8:45 AM
|Ebix Inc (EBIX) Expected to Post Quarterly Sales of $93.54 Million|
www.americanbankingnews.com - December 13 at 6:08 AM
|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
Ebix (NASDAQ:EBIX) SEC Filings
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Ebix (NASDAQ:EBIX) Income Statement, Balance Sheet and Cash Flow Statement
Ebix (NASDAQ EBIX) Stock Chart for Thursday, February, 22, 2018