NYSE:ICEIntercontinental Exchange Stock Price, Forecast & News

Intercontinental Exchange's stock was trading at $86.20 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ICE shares have increased by 11.8% and is now trading at $96.35. View which stocks have been most impacted by Coronavirus.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Intercontinental Exchange in the last year. There are currently 14 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Intercontinental Exchange.

Intercontinental Exchange is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Intercontinental Exchange.

Intercontinental Exchange Inc (NYSE:ICE) posted its earnings results on Thursday, April, 30th. The financial services provider reported $1.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.24 by $0.04. The financial services provider had revenue of $1.56 billion for the quarter, compared to analysts' expectations of $1.54 billion. Intercontinental Exchange had a net margin of 29.65% and a return on equity of 13.85%. Intercontinental Exchange's revenue was up 22.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.92 earnings per share. View Intercontinental Exchange's earnings history.

Intercontinental Exchange announced a quarterly dividend on Monday, February 10th. Shareholders of record on Wednesday, December 16th will be paid a dividend of $0.30 per share on Thursday, December 31st. This represents a $1.20 annualized dividend and a dividend yield of 1.25%. The ex-dividend date is Tuesday, December 15th. View Intercontinental Exchange's dividend history.

Intercontinental Exchange shares split on the morning of Friday, November 4th 2016. The 5-1 split was announced on Wednesday, October 12th 2016. The newly issued shares were distributed to shareholders after the market closes on Thursday, November 3rd 2016. An investor that had 100 shares of Intercontinental Exchange stock prior to the split would have 500 shares after the split.

Intercontinental Exchange declared that its Board of Directors has initiated a stock buyback plan on Wednesday, October 31st 2018, which authorizes the company to buyback $2,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 4.8% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's management believes its stock is undervalued.

15 equities research analysts have issued 12 month target prices for Intercontinental Exchange's stock. Their forecasts range from $90.00 to $116.00. On average, they anticipate Intercontinental Exchange's stock price to reach $102.00 in the next twelve months. This suggests a possible upside of 5.9% from the stock's current price. View analysts' price targets for Intercontinental Exchange.

Media headlines about ICE stock have been trending very negative recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by monitoring 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 closest to five being the most favorable. Intercontinental Exchange earned a daily sentiment score of -3.5 on InfoTrie's scale. They also assigned media headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutIntercontinental Exchange.

Intercontinental Exchange saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 4,970,000 shares, a drop of 11.4% from the April 30th total of 5,610,000 shares. Based on an average daily trading volume, of 4,340,000 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.9% of the company's stock are sold short. View Intercontinental Exchange's Current Options Chain.

Some companies that are related to Intercontinental Exchange include CME Group (CME), Moody's (MCO), Msci (MSCI), Nasdaq (NDAQ), MarketAxess (MKTX), Interactive Brokers Group (IBKR), Cboe Global Markets (CBOE), Arrow Financial (AROW), Gain Capital (GCAP), California First National Bancorp (CFNB) and Marlin Business Services (MRLN). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Intercontinental Exchange investors own include NVIDIA (NVDA), Walt Disney (DIS), Cisco Systems (CSCO), Starbucks (SBUX), Intel (INTC), CME Group (CME), Gilead Sciences (GILD), Alibaba Group (BABA), Visa (V) and Home Depot (HD).

Intercontinental Exchange trades on the New York Stock Exchange (NYSE) under the ticker symbol "ICE."

Intercontinental Exchange's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.02%), State Street Corp (4.38%), Capital International Investors (3.92%), Capital World Investors (3.13%), Geode Capital Management LLC (1.50%) and Veritas Asset Management LLP (1.48%). Company insiders that own Intercontinental Exchange stock include Andrew J Surdykowski, Benjamin Jackson, Charles A Vice, Charles R Crisp, David S Goone, James W Namkung, Jean Marc Forneri, Jeffrey C Sprecher, Johnathan H Short, Judith A Sprieser, Lynn C Martin, Mark Wassersug, Scott A Hill and Vincent Tese. View institutional ownership trends for Intercontinental Exchange.

ICE stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Janus Henderson Group PLC, Carmignac Gestion, Thrivent Financial for Lutherans, Morgan Stanley, Morgan Stanley, State Street Corp, and Eminence Capital LP. Company insiders that have sold Intercontinental Exchange company stock in the last year include Andrew J Surdykowski, Benjamin Jackson, Charles A Vice, Charles R Crisp, David S Goone, James W Namkung, Jean Marc Forneri, Jeffrey C Sprecher, Lynn C Martin, Mark Wassersug, and Scott A Hill. View insider buying and selling activity for Intercontinental Exchange.

ICE stock was purchased by a variety of institutional investors in the last quarter, including Mawer Investment Management Ltd., Veritas Asset Management LLP, California Public Employees Retirement System, Invesco Ltd., Swedbank, Two Sigma Advisers LP, Balyasny Asset Management LLC, and Nuveen Asset Management LLC. View insider buying and selling activity for Intercontinental Exchange.

Shares of ICE 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, Robinhood, Fidelity, and Charles Schwab.

One share of ICE stock can currently be purchased for approximately $96.35.

Intercontinental Exchange has a market capitalization of $52.72 billion and generates $6.55 billion in revenue each year. The financial services provider earns $1.93 billion in net income (profit) each year or $3.88 on an earnings per share basis. Intercontinental Exchange employs 5,989 workers across the globe.

The official website for Intercontinental Exchange is www.intercontinentalexchange.com.

Intercontinental Exchange's mailing address is 5660 NEW NORTHSIDE DRIVE, ATLANTA GA, 30328. The financial services provider can be reached via phone at 770-857-4700 or via email at [email protected]