Ebix, Inc. provides software and e-commerce solutions to insurance, finance, and healthcare 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 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; the 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 Computer integrated systems design
Sub-IndustryApplication Software
SectorComputer and Technology
SymbolNASDAQ:EBIX
CUSIP27871520
Phone678-281-2020
Debt
Debt-to-Equity Ratio0.72%
Current Ratio1.72%
Quick Ratio1.72%
Price-To-Earnings
Trailing P/E Ratio24.37
Forward P/E Ratio19.81
P/E Growth1.98
Sales & Book Value
Annual Sales$363.97 million
Price / Sales6.68
Cash Flow$3.5550 per share
Price / Cash21.73
Book Value$16.97 per share
Price / Book4.55
Profitability
EPS (Most Recent Fiscal Year)$3.17
Net Income$100.61 million
Net Margins27.65%
Return on Equity20.67%
Return on Assets10.38%
Miscellaneous
Employees4,515
Outstanding Shares31,490,000
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. Stockholders 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 0.39%. The ex-dividend date of this dividend 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 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 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 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 reacquire up to 8.1% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's management believes its shares are undervalued.
How were Ebix's earnings last quarter?
Ebix Inc (NASDAQ:EBIX) issued its earnings results on Thursday, March, 1st. The technology company reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.05. The technology company had revenue of $104.68 million for the quarter, compared to analyst estimates of $96.33 million. Ebix had a net margin of 27.65% and a return on equity of 20.67%. View Ebix's Earnings History.
When is Ebix's next earnings date?
What guidance has Ebix issued on next quarter's earnings?
Ebix issued an update on its fourth quarter earnings guidance on Thursday, March, 1st. The company provided earnings per share (EPS) guidance of $0.84 for the period, compared to the Thomson Reuters consensus estimate of $0.80. The company issued revenue guidance of $104.7 million, compared to the consensus revenue estimate of $96.89 million.
What price target have analysts set for EBIX?
3 analysts have issued 1-year price objectives for Ebix's shares. Their forecasts range from $90.00 to $110.00. On average, they anticipate Ebix's stock price to reach $100.00 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 Jack Henry & Associates (JKHY), OpenText (OTEX), CSRA (CSRA), Scientific Games (SGMS), CACI (CACI), Science Applications International (SAIC), Verint Systems (VRNT), NetScout Systems (NTCT), Convergys (CVG), Allscripts (MDRX), Sykes Enterprises (SYKE), Quality Systems (QSII), VASCO Data Security International (VDSI), Unisys (UIS) and Ribbon Communications (RBBN).
Who are Ebix's key executives?
Ebix's management team includes the folowing people:
- Mr. Robin Raina, Chairman, CEO & Pres (Age 52)
- Mr. Robert F. Kerris, Exec. VP and Corp. Officer of Mergers & Acquisitions & Special Projects (Age 64)
- Mr. John Graham Prior, Corp. Exec. VP of International Bus. & Intellectual Property (Age 62)
- Mr. Leon d'Apice, Corp. Exec. VP & Managing Director of Ebix Australia Group (Age 62)
- Mr. James Scott Senge Sr., Sr. VP of EbixHealth (Age 58)
Has Ebix been receiving favorable news coverage?
Press coverage about EBIX stock has been trending positive on Thursday, Accern reports. The research firm scores the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Ebix earned a news impact score of 0.28 on Accern's scale. They also assigned media stories about the technology company an impact score of 46.64 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near future.
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 $77.25.
How big of a company is Ebix?
Ebix has a market capitalization of $2.43 billion and generates $363.97 million in revenue each year. The technology company earns $100.61 million in net income (profit) each year or $3.17 on an earnings per share basis. Ebix employs 4,515 workers across the globe.
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 (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.
Ebix (NASDAQ:EBIX) Dividend Information
Ebix pays an annual dividend of $0.30 per share, with a dividend yield of 0.39%. EBIX's most recent quarterly dividend payment was Thursday, March 15. Ebix pays out 9.46% of its earnings out as a dividend.
| Most Recent Dividend: | 3/15/2018 |
| Annual Dividend: | $0.30 |
| Dividend Yield: | 0.39% |
| Payout Ratio: | 9.46% (Trailing 12 Months of Earnings)
7.69% (Based on This Year's Estimates)
6.79% (Based on Next Year's Estimates)
|
Ebix (NASDAQ:EBIX) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 2/16/2018 | quarterly | $0.0750 | 0.35% | 2/27/2018 | 2/28/2018 | 3/15/2018 |
| 11/10/2017 | Quarterly | $0.0750 | 0.4% | 11/29/2017 | 11/30/2017 | 12/15/2017 |
| 8/21/2017 | Quarterly | $0.0750 | 0.52% | 8/29/2017 | 8/31/2017 | 9/15/2017 |
| 5/12/2017 | Quarterly | $0.0750 | 0.53% | 5/26/2017 | 5/31/2017 | 6/15/2017 |
| 2/3/2017 | quarterly | $0.0750 | 0.53% | 2/24/2017 | 2/28/2017 | 3/15/2017 |
| 11/11/2016 | Quarterly | $0.0750 | | 11/28/2016 | 11/30/2016 | 12/15/2016 |
| 8/16/2016 | quarterly | $0.0750 | 0.53% | 8/30/2016 | 9/1/2016 | 9/15/2016 |
| 5/12/2016 | quarterly | $0.0750 | 0.65% | 5/26/2016 | 5/31/2016 | 6/15/2016 |
| 2/25/2016 | quarterly | $0.0750 | 0.89% | 2/25/2016 | 2/29/2016 | 3/15/2016 |
| 11/20/2015 | quarterly | $0.0750 | 0.82% | 11/25/2015 | 11/30/2015 | 12/15/2015 |
| 8/21/2015 | quarterly | $0.0750 | 1.07% | 8/27/2015 | 8/31/2015 | 9/15/2015 |
| 5/15/2015 | quarterly | $0.0750 | 0.87% | 5/27/2015 | 5/29/2015 | 6/15/2015 |
| 2/12/2015 | quarterly | $0.0750 | 1.28% | 2/25/2015 | 2/27/2015 | 3/16/2015 |
| 11/7/2014 | quarterly | $0.0750 | 2% | 11/26/2014 | 12/1/2014 | 12/15/2014 |
| 8/7/2014 | quarterly | $0.0750 | 2.17% | 8/27/2014 | 8/29/2014 | 9/15/2014 |
| 5/7/2014 | quarterly | $0.0750 | 1.97% | 5/28/2014 | 5/30/2014 | 6/13/2014 |
| 2/5/2014 | quarterly | $0.0750 | 2.16% | 2/18/2014 | 2/20/2014 | 3/14/2014 |
| 2/1/2013 | quarterly | $0.0750 | 1.89% | 2/13/2013 | 2/15/2013 | 2/28/2013 |
(Data available from 1/1/2013 forward)
Ebix (NASDAQ EBIX) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 13.80%
Institutional Ownership Percentage: 65.06%
Ebix (NASDAQ EBIX) Insider Trading History
| 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 | |
(Data available from 1/1/2013 forward)
Ebix (NASDAQ EBIX) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Ebix (EBIX) Stock Rating Upgraded by BidaskClub
www.americanbankingnews.com - April 26 at 1:32 PM |
 | BRIEF-Ebix Enters India's E-Learning Markets
www.reuters.com - April 19 at 5:42 PM |
 | Ebix invests in Indian e-learning player
seekingalpha.com - April 19 at 5:42 PM |
 | Ebix Enters India's E-Learning Markets via Acquisition of 60 Percent Stake in Smartclass Educational Services
globenewswire.com - April 19 at 5:42 PM |
 | Ebix Enters India’s E-Learning Markets via Acquisition of 60 Percent Stake in Smartclass Educational Services
finance.yahoo.com - April 19 at 5:42 PM |
| Calculating The Intrinsic Value Of Ebix Inc (NASDAQ:EBIX)
finance.yahoo.com - April 19 at 5:42 PM |
| Analyzing CACI (CACI) & Ebix (EBIX)
www.americanbankingnews.com - April 19 at 5:24 PM |
| Ebix (EBIX) Upgraded at BidaskClub
www.americanbankingnews.com - April 17 at 3:39 PM |
| Ebix Inc (EBIX) Given $88.50 Consensus Price Target by Analysts
www.americanbankingnews.com - April 17 at 5:19 AM |
 | Ebix (EBIX) to Acquire CentrumDirect Limited for $175 Million
www.streetinsider.com - April 5 at 10:08 AM |
| CACI International (CACI) and Ebix (EBIX) Financial Analysis
www.americanbankingnews.com - April 4 at 9:21 PM |
| India's Centrum Group to sell money exchange business to US-based Ebix
www.reuters.com - April 3 at 8:19 AM |
| Ebix Takes Leadership Position in India's Foreign Exchange and Outward Remittance Markets with Agreement to ...
globenewswire.com - April 3 at 8:19 AM |
| Ebix Sports Ambassadors John Isner and Coco Vandeweghe Win Single and Doubles Titles at the Miami Open Masters 1000 Tournament
finance.yahoo.com - April 2 at 5:28 PM |
 | Ebix Sports Ambassadors John Isner and Coco Vandeweghe Win Single and Doubles Titles at the Miami Open ...
www.nasdaq.com - April 2 at 8:37 AM |
| Zacks: Ebix Inc (EBIX) Given Average Rating of "Strong Buy" by Analysts
www.americanbankingnews.com - April 2 at 7:52 AM |
| BidaskClub Lowers Ebix (EBIX) to Buy
www.americanbankingnews.com - March 24 at 1:54 PM |
| Brokerages Anticipate Ebix Inc (EBIX) to Post $0.86 Earnings Per Share
www.americanbankingnews.com - March 18 at 11:26 PM |
| Ebix (EBIX) Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - March 14 at 9:40 PM |
| Noteworthy Wednesday Option Activity: SMTC, IBM, EBIX - Nasdaq
www.nasdaq.com - March 8 at 8:21 AM |
| Ebix (EBIX) Rating Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - March 7 at 9:40 PM |
| Ebix (EBIX) Upgraded to "Buy" by Zacks Investment Research
www.americanbankingnews.com - March 6 at 9:46 PM |
| Schwab Charles Investment Management Inc. Decreases Holdings in Ebix Inc (EBIX)
www.americanbankingnews.com - March 6 at 5:56 AM |
| Zacks: Brokerages Anticipate Ebix Inc (EBIX) Will Announce Earnings of $0.85 Per Share
www.americanbankingnews.com - March 6 at 5:14 AM |
| Craig Hallum Reiterates "Buy" Rating for Ebix (EBIX)
www.americanbankingnews.com - March 5 at 2:44 PM |
| Ebix Inc (EBIX) Position Lowered by Millrace Asset Group Inc.
www.americanbankingnews.com - March 5 at 12:52 PM |
| Ebix Inc (EBIX) Position Decreased by California Public Employees Retirement System
www.americanbankingnews.com - March 5 at 5:32 AM |
| Arizona State Retirement System Buys 25,594 Shares of Ebix Inc (EBIX)
www.americanbankingnews.com - March 5 at 4:38 AM |
| Ebix Inc (EBIX) Holdings Lowered by Royce & Associates LP
www.americanbankingnews.com - March 4 at 10:50 AM |
| Ebix Q4 Revenue Rose 31% to $104.7M and EPS Rose 11% to $0.84; Full Year Revenue Rose 22% to $364.0M and ... - GlobeNewswire (press release)
globenewswire.com - March 3 at 6:28 PM |
| Zacks: Ebix Inc (EBIX) Given $88.50 Consensus Price Target by Brokerages
www.americanbankingnews.com - March 3 at 3:38 AM |
| Ebix Inc (EBIX) Position Boosted by The Manufacturers Life Insurance Company
www.americanbankingnews.com - March 2 at 7:46 PM |
| Ebix (EBIX) Announces Earnings Results
www.americanbankingnews.com - March 2 at 10:39 AM |
| Ebix +0.6% on Q4 beats, 50% Exchanges revenue growth - Ebix Inc ... - Seeking Alpha
seekingalpha.com - March 2 at 8:14 AM |
| BRIEF-Ebix Inc Reports Q4 EPS $0.84
www.reuters.com - March 1 at 5:53 PM |
| Ebix Q4 Revenue Rose 31% to $104.7M and EPS Rose 11% to $0.84; Full Year Revenue Rose 22% to $364.0M and EPS Rose 11% to $3.17
finance.yahoo.com - March 1 at 5:53 PM |
| Why Ebix Inc (NASDAQ:EBIX) Could Be A Buy
finance.yahoo.com - March 1 at 5:53 PM |
| Ebix (EBIX) Issues Q4 Earnings Guidance
www.americanbankingnews.com - March 1 at 5:50 PM |
| Ebix Hosts Q4 Investor Call Friday, March 2nd at 11:00 a.m. ET ... - GlobeNewswire (press release)
globenewswire.com - March 1 at 8:13 AM |
| EAM Investors LLC Purchases Shares of 31,541 Ebix Inc (EBIX)
www.americanbankingnews.com - February 28 at 2:14 PM |
 | Ebix Hosts Q4 Investor Call Friday, March 2nd at 11:00 a.m. ET
feeds.benzinga.com - February 28 at 1:19 PM |
| To Fund its Growth Initiatives, Ebix Increases Credit Facility to $650 Million with the Ability to Upsize to $800 ... - GlobeNewswire (press release)
globenewswire.com - February 27 at 8:16 AM |
| Ebix, Inc. (EBIX) Ex-Dividend Date Scheduled for February 27, 2018 - Nasdaq
www.nasdaq.com - February 27 at 8:16 AM |
| To Fund its Growth Initiatives, Ebix Increases Credit Facility to $650 Million with the Ability to Upsize to $800 Million Via an Accordion Option
finance.yahoo.com - February 27 at 8:16 AM |
| Where Ebix Inc (NASDAQ:EBIX) Stands In Terms Of Earnings Growth Against Its Industry
finance.yahoo.com - February 26 at 5:46 PM |
| Zacks: Ebix Inc (EBIX) Given Consensus Recommendation of "Strong Buy" by Brokerages
www.americanbankingnews.com - February 23 at 1:32 PM |
| What is Behind Ebix Inc’s (NASDAQ:EBIX) Superior ROE?
finance.yahoo.com - February 23 at 8:19 AM |
| 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 (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, April, 26, 2018
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