Ebix Company Profile (NASDAQ:EBIX)

About Ebix (NASDAQ:EBIX)

Ebix logoEbix, 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:
  • Sector:
  • Industry: Business Software & Services
  • Sub-Industry: Application Software
  • Symbol: NASDAQ:EBIX
  • CUSIP: 27871520
  • Web: www.ebix.com
Capitalization:
  • Market Cap: $1.78 billion
  • Outstanding Shares: 31,533,000
Average Prices:
  • 50 Day Moving Avg: $59.13
  • 200 Day Moving Avg: $59.39
  • 52 Week Range: $44.72 - $65.10
P/E:
  • Trailing P/E Ratio: 18.71
  • Foreward P/E Ratio: 17.33
  • P/E Growth: 1.92
Sales & Book Value:
  • Annual Revenue: $306.33 million
  • Price / Sales: 5.82
  • Book Value: $13.34 per share
  • Price / Book: 4.24
Dividend:
  • Annual Dividend: $0.30
  • Dividend Yield: 0.5%
Profitability:
  • EBIDTA: $111.26 million
  • Net Margins: 31.60%
  • Return on Equity: 21.72%
  • Return on Assets: 12.83%
Debt:
  • Debt-to-Equity Ratio: 0.55%
  • Current Ratio: 2.60%
  • Quick Ratio: 2.60%
Misc:
  • Average Volume: 196,461 shs.
  • Beta: 1.76
  • Short Ratio: 29.89
 

Frequently Asked Questions for Ebix (NASDAQ:EBIX)

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 Friday, May 12th. Shareholders of record on Wednesday, May 31st will be paid a dividend of $0.075 per share on Thursday, June 15th. This represents a $0.30 annualized dividend and a yield of 0.53%. The ex-dividend date of this dividend is Friday, May 26th. View Ebix's Dividend History.

When did Ebix's stock split? How did Ebix's stock split work?

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 issued 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 declared that its board has approved a share buyback plan on Friday, April 7th 2017, which permits the company to repurchase $150,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 8.1% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board believes its shares are undervalued.

How were Ebix's earnings last quarter?

Ebix Inc (NASDAQ:EBIX) posted its quarterly earnings results on Tuesday, May, 9th. The company reported $0.83 EPS for the quarter, beating the consensus estimate of $0.76 by $0.07. The firm earned $79.10 million during the quarter, compared to analysts' expectations of $81 million. Ebix had a net margin of 31.60% and a return on equity of 21.72%. View Ebix's Earnings History.

Who are some of Ebix's key competitors?

Who are Ebix's key executives?

Ebix's management team includes the folowing people:

  • Robin Raina, Chairman of the Board, President, Chief Executive Officer
  • Sean T. Donaghy, Chief Financial Officer
  • Leon d'Apice, Executive Vice President & Managing Director - Ebix Australia Group
  • Robert F. Kerris, Executive Vice President - Corporate Officer of Mergers & Acquisitions and Special Projects
  • Graham John Prior, Corporate Executive Vice President International Business & Intellectual Property
  • James S. Senge Sr., Senior Vice President - EbixHealth
  • Hans Ueli Keller, Lead Independent Director
  • Hans U. Benz, Independent Director
  • Pavan Bhalla, Independent Director
  • Neil David Eckert, Independent Director

Who owns Ebix stock?

Ebix's stock is owned by many different of institutional and retail investors. Top institutional shareholders include FMR LLC (14.94%), BlackRock Inc. (8.84%), Vanguard Group Inc. (6.68%), LEBOWITZ STEVEN D (5.65%), First Trust Advisors LP (2.10%) and State Street Corp (1.89%). Company insiders that own Ebix stock include Hans U Benz, Hans Ueli Keller, Leon Royden Thomas D'apice, Neil D Eckert and Robert F Kerris. 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 Morgan Stanley, EAM Investors LLC, Goldman Sachs Group Inc., Century Capital Management LLC, James Investment Research Inc., FMR LLC, Royce & Associates LP and JPMorgan Chase & Co.. Company insiders that have sold Ebix stock in the last year include Hans U Benz, Hans Ueli Keller, Leon Royden Thomas D'apice, Neil D Eckert and Robert F Kerris. View Insider Buying and Selling for Ebix.

Who bought Ebix stock? Who is buying Ebix stock?

Ebix's stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Wellington Management Group LLP, First Trust Advisors LP, Hussman Strategic Advisors Inc., State Street Corp, Renaissance Technologies LLC and Schwab Charles Investment Management 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 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 $56.50.


MarketBeat Community Rating for Ebix (NASDAQ EBIX)
Community Ranking:  2.4 out of 5 ( )
Outperform Votes:  36 (Vote Outperform)
Underperform Votes:  39 (Vote Underperform)
Total Votes:  75
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.

Analyst Ratings

Consensus Ratings for Ebix (NASDAQ:EBIX) (?)
Ratings Breakdown: 1 Buy Rating
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: N/A

Analysts' Ratings History for Ebix (NASDAQ:EBIX)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
2/16/2017SidotiInitiated CoverageBuyN/AView Rating Details
5/19/2016Tigress FinancialUpgradeUnderperform -> NeutralN/AView Rating Details
(Data available from 5/30/2015 forward)

Earnings

Earnings History for Ebix (NASDAQ:EBIX)
Earnings by Quarter for Ebix (NASDAQ:EBIX)
Earnings History by Quarter for Ebix (NASDAQ EBIX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/9/2017Q1 2017$0.76$0.83$81.00 million$79.10 millionViewListenView Earnings Details
2/28/2017Q416$0.67$0.76$75.30 million$80.05 millionViewListenView Earnings Details
11/9/2016Q316$0.63$0.74$73.00 million$74.60 millionViewListenView Earnings Details
8/8/2016Q216$0.63$0.70$71.20 million$72.60 millionViewListenView Earnings Details
5/9/2016Q116$0.58$0.67$69.35 million$71.10 millionViewListenView Earnings Details
2/29/2016Q415$0.56$0.65$66.85 million$70.20 millionViewListenView Earnings Details
11/6/2015Q315$0.51$0.59$65.12 million$66.80 millionViewN/AView Earnings Details
8/7/2015Q215$0.48$0.54$63.50 million$64.70 millionViewN/AView Earnings Details
5/8/2015Q115$0.43$0.51$61.00 million$63.80 millionViewN/AView Earnings Details
3/13/2015Q414$0.39$0.45$52.90 million$60.60 millionViewN/AView Earnings Details
11/7/2014Q314$0.36$0.47$51.80 million$50.80 millionViewN/AView Earnings Details
8/8/2014Q214$0.38$0.35$52.00 million$51.50 millionViewN/AView Earnings Details
5/9/2014Q114$0.36$0.40$51.50 million$51.40 millionViewN/AView Earnings Details
3/14/2014Q413$0.31$0.40$50.75 million$50.80 millionViewN/AView Earnings Details
11/8/2013Q313$0.31$0.34$51.25 million$50.30 millionViewN/AView Earnings Details
8/9/2013Q2 2013$0.32$0.35$52.00 million$51.00 millionViewN/AView Earnings Details
5/10/2013Q1 2013$0.44$0.45$54.16 million$52.60 millionViewN/AView Earnings Details
3/14/2013Q4 2012$0.45$0.48$54.34 million$54.00 millionViewN/AView Earnings Details
11/8/2012Q312$0.41$0.46$50.90 million$53.80 millionViewN/AView Earnings Details
8/7/2012$0.39$0.47ViewN/AView Earnings Details
5/8/2012$0.40$0.40ViewN/AView Earnings Details
3/13/2012$0.41$0.44ViewN/AView Earnings Details
11/8/2011$0.38$0.41ViewN/AView Earnings Details
8/9/2011$0.38$0.53ViewN/AView Earnings Details
5/10/2011$0.33$0.37ViewN/AView Earnings Details
3/14/2011$0.33$0.42ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Ebix (NASDAQ:EBIX)
2017 EPS Consensus Estimate: $3.05
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.76$0.76$0.76
Q2 20171$0.76$0.76$0.76
Q3 20171$0.76$0.76$0.76
Q4 20171$0.77$0.77$0.77
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Ebix (NASDAQ:EBIX)
Next Dividend:6/15/2017
Annual Dividend:$0.30
Dividend Yield:0.53%
Payout Ratio:10.87% (Trailing 12 Months of Earnings)
10.20% (Based on This Year's Estimates)
9.20% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Ebix (NASDAQ:EBIX)

Dividend History by Quarter for Ebix (NASDAQ EBIX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/12/2017Quarterly$0.080.53%5/26/20175/31/20176/15/2017
2/3/2017quarterly$0.080.53%2/24/20172/28/20173/15/2017
11/11/2016Quarterly$0.0811/28/201611/30/201612/15/2016
8/16/2016quarterly$0.080.53%8/30/20169/1/20169/15/2016
5/12/2016quarterly$0.080.65%5/26/20165/31/20166/15/2016
2/25/2016quarterly$0.080.89%2/25/20162/29/20163/15/2016
11/20/2015quarterly$0.080.82%11/25/201511/30/201512/15/2015
8/21/2015quarterly$0.081.07%8/27/20158/31/20159/15/2015
5/15/2015quarterly$0.080.87%5/27/20155/29/20156/15/2015
2/12/2015quarterly$0.081.28%2/25/20152/27/20153/16/2015
11/7/2014quarterly$0.082%11/26/201412/1/201412/15/2014
8/7/2014quarterly$0.082.17%8/27/20148/29/20149/15/2014
5/7/2014quarterly$0.081.97%5/28/20145/30/20146/13/2014
2/5/2014quarterly$0.082.16%2/18/20142/20/20143/14/2014
2/1/2013quarterly$0.081.89%2/13/20132/15/20132/28/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Ebix (NASDAQ:EBIX)
Insider Ownership Percentage: 13.00%
Institutional Ownership Percentage: 65.22%
Insider Trades by Quarter for Ebix (NASDAQ:EBIX)
Institutional Ownership by Quarter for Ebix (NASDAQ:EBIX)
Insider Trades by Quarter for Ebix (NASDAQ:EBIX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/23/2017Leon Royden Thomas D'apiceEVPSell7,500$60.68$455,100.00View SEC Filing  
3/22/2017Hans Ueli KellerDirectorSell2,675$60.42$161,623.50View SEC Filing  
12/22/2016Hans U BenzDirectorSell4,641$57.31$265,975.71View SEC Filing  
12/21/2016Robert F. KerrisCFOSell1,212$58.92$71,411.04View SEC Filing  
12/20/2016Neil D EckertDirectorSell19,304$59.41$1,146,850.64View SEC Filing  
12/16/2016Hans U BenzDirectorSell6,549$59.28$388,224.72View SEC Filing  
12/9/2016Hans Ueli KellerDirectorSell2,549$59.67$152,098.83View SEC Filing  
12/1/2016Hans Ueli KellerDirectorSell4,000$57.94$231,760.00View SEC Filing  
11/11/2016Robert F KerrisCFOSell1,171$59.22$69,346.62View SEC Filing  
6/21/2016Robert F KerrisCFOSell1,211$47.73$57,801.03View SEC Filing  
5/31/2016Hans Ueli KellerDirectorSell3,684$45.49$167,585.16View SEC Filing  
3/28/2016Robert F KerrisCFOSell1,211$39.57$47,919.27View SEC Filing  
3/3/2016Hans U BenzDirectorSell7,464$40.95$305,650.80View SEC Filing  
3/2/2016Robert F KerrisCFOSell1,067$40.86$43,597.62View SEC Filing  
9/22/2015Robert F KerrisCFOSell1,211$27.73$33,581.03View SEC Filing  
6/24/2015Robert F KerrisCFOSell1,211$33.55$40,629.05View SEC Filing  
5/22/2015Fondation RennesMajor ShareholderBuy14,400$37.35$537,840.00View SEC Filing  
5/21/2015Fondation RennesMajor ShareholderBuy16,600$36.93$613,038.00View SEC Filing  
4/16/2015Fondation RennesMajor ShareholderBuy30,000$28.70$861,000.00View SEC Filing  
4/2/2015Fondation RennesMajor ShareholderBuy15,000$29.43$441,450.00View SEC Filing  
4/1/2015Fondation RennesMajor ShareholderBuy14,200$29.87$424,154.00View SEC Filing  
3/30/2015Fondation RennesMajor ShareholderBuy5,800$29.93$173,594.00View SEC Filing  
3/24/2015Leon Royden Thomas D'apiceEVPSell25,000$30.94$773,500.00View SEC Filing  
3/20/2015Robert F KerrisCFOSell4,845$30.29$146,755.05View SEC Filing  
3/24/2014Pavan BhallaDirectorSell40,000$16.95$678,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Ebix (NASDAQ:EBIX)
Latest Headlines for Ebix (NASDAQ:EBIX)
Source:
DateHeadline
finance.yahoo.com logoEbix, Inc. : EBIX-US: Dividend Analysis : May 31st, 2017 (record date) : By the numbers : May 26, 2017
finance.yahoo.com - May 26 at 5:31 PM
nasdaq.com logoEbix, Inc. (EBIX) Ex-Dividend Date Scheduled for May 26, 2017 - Nasdaq
www.nasdaq.com - May 26 at 12:02 AM
streetinsider.com logoEbix (EBIX) Buys 80% Stake in ItzCash
www.streetinsider.com - May 24 at 4:38 PM
finance.yahoo.com logoEbix Takes Leadership Position in Digital Payments Market in India via Acquisition of 80% Stake in Fast-Growing ItzCash
finance.yahoo.com - May 24 at 12:25 PM
americanbankingnews.com logoAnalysts Expect Ebix Inc (EBIX) to Announce $0.70 Earnings Per Share
www.americanbankingnews.com - May 16 at 6:42 PM
americanbankingnews.com logoEbix Inc (EBIX) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - May 15 at 6:58 PM
finance.yahoo.com logoEdited Transcript of EBIX earnings conference call or presentation 9-May-17 3:00pm GMT
finance.yahoo.com - May 15 at 11:46 AM
americanbankingnews.com logoEbix Inc to Issue Quarterly Dividend of $0.08 (ebix)
www.americanbankingnews.com - May 15 at 10:56 AM
americanbankingnews.com logoFY2018 Earnings Estimate for Ebix Inc Issued By Craig Hallum (EBIX)
www.americanbankingnews.com - May 12 at 5:32 PM
feeds.benzinga.com logoEbix Declares 7.5 Cent Quarterly Dividend, Payable June 15th to Shareholders of Record May 31, 2017
feeds.benzinga.com - May 12 at 7:34 AM
americanbankingnews.com logoEbix Inc (EBIX) Posts Earnings Results, Beats Expectations By $0.07 EPS
www.americanbankingnews.com - May 11 at 12:04 AM
nasdaq.com logoEbix is Now Oversold (EBIX) - Nasdaq
www.nasdaq.com - May 10 at 10:01 PM
seekingalpha.com logoEbix -2.6% as Q1 revenues miss despite broad growth - Seeking Alpha
seekingalpha.com - May 10 at 10:01 PM
nasdaq.com logoEbix Breaks Below 200-Day Moving Average - Notable for EBIX
www.nasdaq.com - May 10 at 5:01 PM
finance.yahoo.com logoEbix, Inc. breached its 50 day moving average in a Bearish Manner : EBIX-US : May 10, 2017
finance.yahoo.com - May 10 at 5:01 PM
finance.yahoo.com logoEbix Q1 Diluted EPS Rose 24% to a Record $0.83 on Revenues of $79.1M
finance.yahoo.com - May 9 at 4:49 PM
finance.yahoo.com logoEbix posts 1Q profit
finance.yahoo.com - May 9 at 4:49 PM
finance.yahoo.com logoInvestor Network: Ebix, Inc. to Host Earnings Call
finance.yahoo.com - May 9 at 4:49 PM
seekingalpha.com logoEbix -2.6% as Q1 revenues miss despite broad growth
seekingalpha.com - May 9 at 12:20 PM
americanbankingnews.com logoEbix Inc (EBIX) Downgraded to Hold at Zacks Investment Research
www.americanbankingnews.com - May 2 at 9:40 PM
finance.yahoo.com logoEbix's Oakstone Continuing Medical Education Service Receives Highest Level of CME Accreditation from ACCME
finance.yahoo.com - May 2 at 8:05 PM
americanbankingnews.com logoFavorable Press Coverage Somewhat Likely to Affect Ebix (EBIX) Stock Price
www.americanbankingnews.com - April 29 at 10:46 PM
americanbankingnews.com logo Brokerages Set $75.00 Price Target for Ebix Inc (EBIX)
www.americanbankingnews.com - April 28 at 10:06 AM
finance.yahoo.com logoEbix Hosts Q1 Investor Call Tuesday, May 9th at 11:00 a.m. ET - Yahoo Finance
finance.yahoo.com - April 27 at 5:25 PM
finance.yahoo.com logoEbix, Inc. – Value Analysis (NASDAQ:EBIX) : April 26, 2017
finance.yahoo.com - April 26 at 11:53 PM
finance.yahoo.com logoEbix Hosts Q1 Investor Call Tuesday, May 9th at 11:00 a.m. ET
finance.yahoo.com - April 26 at 11:53 PM
americanbankingnews.com logoSomewhat Favorable News Coverage Unlikely to Impact Ebix (EBIX) Stock Price
www.americanbankingnews.com - April 25 at 7:37 PM
finance.yahoo.com logoTransUnion (TRU) Beats Q1 Earnings & Revenues, 2017 View Up
finance.yahoo.com - April 25 at 4:33 PM
finance.yahoo.com logoEbix, Inc. breached its 50 day moving average in a Bullish Manner : EBIX-US : April 25, 2017
finance.yahoo.com - April 25 at 11:40 AM
americanbankingnews.com logoEbix (EBIX) Given Coverage Optimism Rating of -0.01
www.americanbankingnews.com - April 22 at 9:35 AM
finance.yahoo.com logoCloud-Based Software Stock Gets Rating Upgrade Ahead Of Earnings
finance.yahoo.com - April 21 at 12:08 PM
americanbankingnews.com logoEbix Inc (EBIX) Short Interest Down 14.3% in March
www.americanbankingnews.com - April 18 at 12:54 PM
globenewswire.com logoPN SHAREHOLDER ALERT: The Law Offices of Vincent Wong Reminds Investors of a Class Action Involving Patriot ... - GlobeNewswire (press release)
globenewswire.com - April 14 at 5:08 PM
finance.yahoo.com logoBeazley Joins EbixExchange's European Accounting Platform
finance.yahoo.com - April 13 at 11:35 AM
globenewswire.com logoThe Klein Law Firm Announces a Class Action Filed on Behalf of Patriot National, Inc. Shareholders & Lead Plaintiff ... - GlobeNewswire (press release)
globenewswire.com - April 7 at 9:51 PM
finance.yahoo.com logoThe Klein Law Firm Announces a Class Action Filed on Behalf of Patriot National, Inc. Shareholders & …
finance.yahoo.com - April 7 at 4:51 PM
americanbankingnews.com logoEbix (EBIX) Announces Share Repurchase Program
www.americanbankingnews.com - April 7 at 4:39 PM
finance.yahoo.com logoEbix, Inc. breached its 50 day moving average in a Bearish Manner : EBIX-US : April 6, 2017
finance.yahoo.com - April 7 at 9:31 AM
finance.yahoo.com logoBuy 3 Top Profitable Stocks for Stupendous Returns
finance.yahoo.com - April 4 at 7:07 AM
finanznachrichten.de logoPATRIOT NATIONAL INC
www.finanznachrichten.de - April 1 at 8:36 AM
streetinsider.com logoForm 4 EBIX INC For: Mar 23 Filed by: d'Apice Leon Royden Thomas
www.streetinsider.com - March 28 at 12:04 PM
americanbankingnews.com logoEbix Inc (EBIX) EVP Sells $455,100.00 in Stock
www.americanbankingnews.com - March 27 at 10:22 PM
seekingalpha.com logoEbix: A Long-Term Buy
seekingalpha.com - March 27 at 4:42 PM
finance.yahoo.com logoJ&W Alerts Shareholders of Nimble Storage, TransDigm Group, Global Eagle Entertainment and, Patriot National; Investors Encouraged to Contact Firm
finance.yahoo.com - March 25 at 4:50 PM
americanbankingnews.com logoAnalysts Expect Ebix Inc (EBIX) to Announce $0.76 Earnings Per Share
www.americanbankingnews.com - March 23 at 10:32 AM
americanbankingnews.com logoInsider Selling: Ebix Inc (EBIX) Director Sells 2,675 Shares of Stock
www.americanbankingnews.com - March 22 at 7:45 PM
globenewswire.com logoGainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Patriot National, Inc. (PN) - GlobeNewswire (press release)
globenewswire.com - March 18 at 8:39 AM
finance.yahoo.com logoEBIX INC Financials
finance.yahoo.com - March 7 at 4:45 PM
biz.yahoo.com logoEBIX INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits
biz.yahoo.com - March 7 at 4:45 PM
biz.yahoo.com logoEBIX INC Files SEC form 10-K, Annual Report
biz.yahoo.com - March 1 at 4:35 PM

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Chart

Ebix (EBIX) Chart for Tuesday, May, 30, 2017

This page was last updated on 5/30/2017 by MarketBeat.com Staff