Ebix, Inc. provides software and e-commerce solutions to insurance, finance, healthcare, and e-learning industries. It offers software development, customization, and consulting services to various entities in the insurance industry, including carriers, brokers, exchanges, and standard making bodies. The company operates data exchanges in the areas of finance, travel, life insurance, annuities, employee health benefits, risk management, workers compensation, insurance underwriting, and property and casualty (P&C) insurance. It also focuses on designing and deploying back-end systems, such as eGlobal, which targets multinational P&C insurance brokers; WinBeat that targets P&C brokers in the Australian and New Zealand markets; and EbixASP, a system for the P&C insurance brokers in the United States. In addition, the company offers business process outsourcing services that include providing domain intensive project management, time, and material based consulting engagements to clients; creation and tracking of certificates of insurance issued in the United States and Australian markets; and the provision of claims adjudication and settlement, call center, and back office support, as well as a software-based service for the issuance of certificates of insurance and a service to track certificates of insurance for corporate clients in the United States and Australia. Further, the company offers carrier systems, which pertains to the designing and deploying on-demand back-end systems for P&C insurance companies. The company was formerly known as Delphi Systems, Inc. and changed its name to Ebix, Inc. in December 2003. Ebix, Inc. was founded in 1976 and is headquartered in Johns Creek, Georgia.
Industry, Sector and Symbol
Industry N/A
Sub-IndustryApplication Software
SectorComputer and Technology
Phone678-281-2020
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$497.83 million
Profitability
Miscellaneous
Employees9,263
Next Earnings Date5/8/2019 (Estimated)
OptionableOptionable
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 announced a quarterly dividend on Thursday, February 14th. Investors of record on Thursday, February 28th will be given a dividend of $0.075 per share on Friday, March 15th. This represents a $0.30 dividend on an annualized basis and a yield of 0.58%. The ex-dividend date of this dividend is Wednesday, February 27th. View Ebix's Dividend History.
When did Ebix's stock split? How did Ebix's stock split work?
Ebix's stock split on the morning of Friday, December 14th 2018. The 5-1 split was announced on Thursday, September 20th 2018. The newly issued shares were distributed to shareholders after the market closes on Thursday, December 13th 2018. An investor that had 100 shares of Ebix stock prior to the split would have 500 shares after the split.
How will Ebix's stock buyback program work?
Ebix announced that its Board of Directors has authorized a share buyback plan on Friday, April 7th 2017, which allows the company to buyback $150,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows 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 management believes its stock is undervalued.
How were Ebix's earnings last quarter?
Ebix Inc (NASDAQ:EBIX) announced its quarterly earnings results on Friday, March, 1st. The technology company reported $1.06 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.95 by $0.11. The technology company had revenue of $136.33 million for the quarter, compared to analyst estimates of $130.43 million. Ebix had a return on equity of 21.64% and a net margin of 18.71%. The business's quarterly revenue was up 30.2% compared to the same quarter last year. View Ebix's Earnings History.
When is Ebix's next earnings date?
What price target have analysts set for EBIX?
2 brokers have issued 1-year price objectives for Ebix's stock. Their forecasts range from $22.60 to $62.00. On average, they anticipate Ebix's share price to reach $42.30 in the next year. This suggests that the stock has a possible downside of 18.0%. View Analyst Price Targets for Ebix.
What is the consensus analysts' recommendation for Ebix?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ebix in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ebix.
Has Ebix been receiving favorable news coverage?
Press coverage about EBIX stock has trended somewhat positive recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Ebix earned a daily sentiment score of 1.4 on InfoTrie's scale. They also gave headlines about the technology company a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days.
Who are some of Ebix's key competitors?
Some companies that are related to Ebix include Minebea Mitsumi (MNBEY), Ciena (CIEN), Millicom International Cellular (MIICF), National Instruments (NATI), Bruker (BRKR), New Relic (NEWR), GCI Liberty (GLIBA), Monolithic Power Systems (MPWR), Pivotal Software (PVTL), Sabre (SABR), Cree (CREE), Woodward, Inc.Common Stock (WWD), NIKON CORP/ADR (NINOY), SES (SGBAF) and Konami (KNMCY).
What other stocks do shareholders of Ebix own?
Who are Ebix's key executives?
Ebix's management team includes the folowing people:
- Mr. Robin Raina, Chairman, CEO & Pres (Age 53)
- Mr. Sean T. Donaghy, CFO & Sec. (Age 53)
- Mr. John Graham Prior, Corp. Exec. VP of International Bus. & Intellectual Property (Age 63)
- Mr. Leon d'Apice, Corp. Exec. VP & MD of Ebix Australia Group (Age 63)
- Mr. James Scott Senge Sr., Sr. VP of EbixHealth (Age 59)
Who are Ebix's major shareholders?
Ebix's stock is owned by many different of retail and institutional investors. Top institutional shareholders include FMR LLC (12.22%), BlackRock Inc. (10.77%), First Trust Advisors LP (4.27%), Villere ST Denis J & Co. LLC (3.46%), Dimensional Fund Advisors LP (2.31%) and Dimensional Fund Advisors LP (2.31%). Company insiders that own Ebix stock include Fondation Rennes, Graham John Prior, Hans U Benz, Hans Ueli Keller, Leon Royden Thomas D'apice, Robin Raina and Sean T Donaghy. View Institutional Ownership Trends for Ebix.
Which major investors are selling Ebix stock?
EBIX stock was sold by a variety of institutional investors in the last quarter, including Portolan Capital Management LLC, RK Capital Management LLC, KBC Group NV, BlackRock Inc., Tealwood Asset Management Inc., New York State Common Retirement Fund, Atwood & Palmer Inc. and FMR LLC. Company insiders that have sold Ebix company stock in the last year include Fondation Rennes, Hans U Benz and Leon Royden Thomas D'apice. View Insider Buying and Selling for Ebix.
Which major investors are buying Ebix stock?
EBIX stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Two Sigma Investments LP, Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, Norges Bank, First Trust Advisors LP, WINTON GROUP Ltd and Two Sigma Advisers LP. View Insider Buying and Selling for Ebix.
How do I buy shares of Ebix?
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 $51.59.
How big of a company is Ebix?
Ebix has a market capitalization of $1.58 billion and generates $497.83 million in revenue each year. The technology company earns $93.14 million in net income (profit) each year or $3.73 on an earnings per share basis. Ebix employs 9,263 workers across the globe.
What is Ebix's official website?
How can I contact Ebix?
Ebix's mailing address is 1 EBIX WAY, JOHNS CREEK GA, 30097. The technology company can be reached via phone at 678-281-2020 or via email at [email protected]
MarketBeat Community Rating for Ebix (NASDAQ EBIX)
MarketBeat's community ratings are surveys of what our community members think about Ebix and other stocks. Vote "Outperform" if you believe EBIX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EBIX will underperform the S&P 500 over the long term. You may vote once every thirty days.
