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DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
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Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
NASDAQ:ITRI

Itron (ITRI) Stock Price, News & Analysis

$89.68
-0.81 (-0.90%)
(As of 04/19/2024 ET)
Today's Range
$88.92
$90.64
50-Day Range
$72.43
$95.85
52-Week Range
$50.60
$96.73
Volume
328,393 shs
Average Volume
362,709 shs
Market Capitalization
$4.11 billion
P/E Ratio
42.70
Dividend Yield
N/A
Price Target
$95.60

Itron MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
6.6% Upside
$95.60 Price Target
Short Interest
Healthy
3.08% of Shares Sold Short
Dividend Strength
N/A
Sustainability
0.70
Upright™ Environmental Score
News Sentiment
0.92mentions of Itron in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$2.75 M Sold Last Quarter
Proj. Earnings Growth
18.28%
From $3.61 to $4.27 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.81 out of 5 stars

Computer And Technology Sector

44th out of 586 stocks

Instruments To Measure Electricity Industry

1st out of 9 stocks

ITRI stock logo

About Itron Stock (NASDAQ:ITRI)

Itron, Inc., a technology, solutions, and service company, provides end-to-end solutions that help manage energy, water, and smart city operations worldwide. It operates in three segments: Device Solutions, Networked Solutions, and Outcomes. The Device Solutions segment offers hardware products that are used for measurement, control, or sensing, such as standard gas, electricity, water, and communicating meters, as well as heat and allocation products. The Networked Solutions segment provides communicating devices, such as smart meters, modules, endpoints, and sensors; network infrastructure; and associated heat-end management and application software for acquiring and transporting application-specific data. This segment also offers industrial internet of things solutions. Including automated meter reading; advanced metering infrastructure for electricity, water, and gas; distributed energy resource management; smart grid and distribution automation; smart street lighting; and leak detection and applications for gas and water systems. The Outcomes segment provides value-added, enhanced software and services, artificial intelligence, and machine learning for managing, organizing, analyzing, and interpreting data to enhance decision making, maximize operational profitability, resource efficiency, grid analytics, and deliver results for consumers, utilities, and smart cities. In addition, it offers implementation, project management, installation, consulting, and post-sale maintenance support services, as well as cloud and software-as-a-service; and extended or customer-specific warranties. The company offers its products and services under the Itron brand. It serves utility and smart city customers, and municipalities through its sales force, distributors, agents, partners, and meter manufacturer representatives. Itron, Inc. was incorporated in 1977 and is headquartered in Liberty Lake, Washington.

ITRI Stock Price History

ITRI Stock News Headlines

The Best AI Stock to Own in the World Today is Trading for Just $25
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
Itron, Inc. (NASDAQ:ITRI) Sees Large Decrease in Short Interest
Itron (NASDAQ:ITRI) PT Lowered to $103.00
The Best AI Stock to Own in the World Today is Trading for Just $25
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
7 Analysts Have This To Say About Itron
Itron: A Few Reservations As Shares Are Electrified
ITRI Quantitative Stock Analysis
Itron, Inc.: Well positioned for future growth
ITRI Apr 2024 90.000 put
Piper Sandler Keeps Their Buy Rating on Itron (ITRI)
Itron to Host Investor Day at Nasdaq MarketSite
See More Headlines
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Company Calendar

Last Earnings
2/26/2024
Today
4/21/2024
Next Earnings (Confirmed)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Instruments to measure electricity
Sub-Industry
Electronic Equipment & Instruments
Current Symbol
NASDAQ:ITRI
CUSIP
46574110
Employees
5,859
Year Founded
1977

Price Target and Rating

Average Stock Price Target
$95.60
High Stock Price Target
$115.00
Low Stock Price Target
$81.00
Potential Upside/Downside
+6.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
12 Analysts

Profitability

Net Income
$96.92 million
Pretax Margin
5.86%

Debt

Sales & Book Value

Annual Sales
$2.17 billion
Cash Flow
$4.69 per share
Book Value
$29.27 per share

Miscellaneous

Free Float
45,177,000
Market Cap
$4.11 billion
Optionable
Optionable
Beta
1.41

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ITRI Stock Analysis - Frequently Asked Questions

Should I buy or sell Itron stock right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Itron in the last year. There are currently 3 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ITRI shares.
View ITRI analyst ratings
or view top-rated stocks.

What is Itron's stock price target for 2024?

12 equities research analysts have issued 1-year price objectives for Itron's shares. Their ITRI share price targets range from $81.00 to $115.00. On average, they predict the company's share price to reach $95.60 in the next twelve months. This suggests a possible upside of 6.6% from the stock's current price.
View analysts price targets for ITRI
or view top-rated stocks among Wall Street analysts.

How have ITRI shares performed in 2024?

Itron's stock was trading at $75.51 at the beginning of 2024. Since then, ITRI shares have increased by 18.8% and is now trading at $89.68.
View the best growth stocks for 2024 here
.

Are investors shorting Itron?

Itron saw a drop in short interest in March. As of March 31st, there was short interest totaling 1,410,000 shares, a drop of 10.8% from the March 15th total of 1,580,000 shares. Based on an average daily volume of 413,900 shares, the short-interest ratio is presently 3.4 days.
View Itron's Short Interest
.

When is Itron's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our ITRI earnings forecast
.

How can I listen to Itron's earnings call?

Itron will be holding an earnings conference call on Thursday, May 2nd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Itron's earnings last quarter?

Itron, Inc. (NASDAQ:ITRI) released its quarterly earnings results on Monday, February, 26th. The scientific and technical instruments company reported $1.23 earnings per share for the quarter, topping analysts' consensus estimates of $0.75 by $0.48. The scientific and technical instruments company earned $577.17 million during the quarter, compared to analyst estimates of $569.90 million. Itron had a net margin of 4.46% and a trailing twelve-month return on equity of 12.27%. The firm's revenue was up 23.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.71 EPS.

What guidance has Itron issued on next quarter's earnings?

Itron updated its first quarter 2024 earnings guidance on Tuesday, February, 27th. The company provided EPS guidance of 0.800-0.900 for the period, compared to the consensus earnings per share estimate of 0.580. The company issued revenue guidance of $575.0 million-$585.0 million, compared to the consensus revenue estimate of $541.7 million.

What is Tom Deitrich's approval rating as Itron's CEO?

3 employees have rated Itron Chief Executive Officer Tom Deitrich on Glassdoor.com. Tom Deitrich has an approval rating of 100% among the company's employees. This puts Tom Deitrich in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Itron own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Itron investors own include NVIDIA (NVDA), Micron Technology (MU), AbbVie (ABBV), Advanced Micro Devices (AMD), Applied Materials (AMAT), QUALCOMM (QCOM), Xilinx (XLNX), Intel (INTC), AT&T (T) and Tesla (TSLA).

Who are Itron's major shareholders?

Itron's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Guinness Asset Management LTD (0.80%), AMI Asset Management Corp (0.08%), State of Alaska Department of Revenue (0.06%), Los Angeles Capital Management LLC (0.05%), Maryland State Retirement & Pension System (0.04%) and Guinness Atkinson Asset Management Inc (0.03%). Insiders that own company stock include Christopher E Ware, Donald L Reeves III, Jerome J Lande, Joan S Hooper, John F Marcolini, John F Marcolini, Lynda L Ziegler, Michel Cadieux, Sarah E Hlavinka, Thomas Deitrich and Thomas S Glanville.
View institutional ownership trends
.

How do I buy shares of Itron?

Shares of ITRI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Itron have any subsidiaries?
The following companies are subsidiares of Itron: Allmess GmbH, Arabian Metering Company, Asais Conseil S.A.S., Asais S.A.S, Compañía Chilena de Medición S.A., Comverge International Ltd., Comverge Japan K.K., Comverge South Africa PTY Ltd., Ganz Meter Company Ltd., Itron Argentina S.A., Itron Australasia Pty Limited, Itron Austria GmbH, Itron Belgium SA, Itron Brazil I LLC, Itron Brazil II LLC, Itron Canada Inc., Itron China Gas Holding Co. Ltd., Itron Czech Republic s.r.o., Itron Denmark ApS, Itron Development UK Ltd., Itron Distribución S.A. de C.V., Itron France S.A.S., Itron Global SARL, Itron GmbH, Itron Holding France S.A.S., Itron Holding Germany GmbH, Itron Imobiliaria Unipessoal LDA., Itron India Private Limited, Itron International Inc., Itron Italia SpA, Itron Japan Co. Ltd., Itron LLC, Itron Labs Kft, Itron Management Services Ireland Limited, Itron Measurement and Systems (Proprietary) Limited, Itron Metering Solutions (Suzhou) Co. Ltd., Itron Metering Solutions (Thailand) Co. Ltd., Itron Metering Solutions India Private Limited, Itron Metering Solutions Luxembourg SARL, Itron Metering Solutions UK Ltd., Itron Metering Systems (Suzhou) Co. Ltd., Itron Metering Systems Singapore Pte Ltd., Itron Middle East LLC, Itron Nederland B.V., Itron Networked Solutions Inc., Itron New Zealand Limited, Itron Polska SP ZOO, Itron Portugal Unipessoal LDA., Itron Servicios S.A. de C.V., Itron Sistemas de Medição Lda., Itron Sistemas e Tecnologia Ltda, Itron Soluções para Energia e Àgua Ltda., Itron Spain SLU, Itron Sweden AB, Itron Ukraine, Itron Ukrgas Meters Company (J.V. Majority), Itron Unterstutzungseinrichtung GmbH, Itron Unterstutzungskasse GmbH, Itron Zähler & Systemtechnik GmbH, Metertek Sdn Bhd (J.V. 100% indirectly owned), PT Mecoindo (J.V.), Royal Cautivo Insurance Inc., SEWA GmbH, Silver Spring, Silver Spring Networks (UK) Limited, Silver Spring Networks FZ-LLC, Silver Spring Networks Holdings LLC, Silver Spring Networks Hong Kong Limited, Silver Spring Networks India LLP, Silver Spring Networks International Limited, Silver Spring Networks Mayalsia Sdn. Bhd., Silver Spring Networks Pty Limited, Silver Spring Networks Smart Grid Sociedade Unipessoal Lda., Silver Spring Networks Wireless Trading Middle East LLC, and Temetra Limited.
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This page (NASDAQ:ITRI) was last updated on 4/21/2024 by MarketBeat.com Staff

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