NYSE:ICEIntercontinental Exchange Stock Price, Forecast & News

$98.35

+1.10 (+1.13 %)

(As of 06/1/2020 02:22 PM ET)

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Today's Range

$96.99

Now: $98.35▼

$98.43

50-Day Range

$85.18

MA: $90.87▼

$96.00

52-Week Range

$63.51

Now: $98.35▼

$101.93

Volume59,432 shs

Average Volume2.59 million shs

Market Capitalization$53.82 billion

P/E Ratio26.23

Dividend Yield1.23%

Beta0.56

Intercontinental Exchange, Inc. operates regulated exchanges, clearing houses, and listings venues for commodity, financial, fixed income, and equity markets in the United States, the United Kingdom, European Union, Singapore, Israel, and Canada. It operates in two segments, Trading and Clearing; and Data and Listings. The company operates marketplaces for listing, trading, and clearing an array of derivatives and securities contracts across various asset classes, including energy and agricultural commodities, metals, interest rates, equities, ETFs, credit derivatives, digital assets, bonds, and currencies, as well as offers mortgage and technology services. It also offers data services to support the trading, investment, risk management, and connectivity needs of customers across major asset classes. The company operates exchanges and marketplaces; cash equities, equity options, and bond exchanges; and over-the-counter markets for physical energy, fixed income, credit default swaps, and central counterparty clearing houses. Intercontinental Exchange, Inc. was founded in 2000 and is headquartered in Atlanta, Georgia.

Beat the Market (BTM) Rank^™

2.5 Analyst's Opinion

Consensus Rating
Intercontinental Exchange has received a consensus rating of Buy. The company's average rating score is 3.07, and is based on 14 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $102.00, Intercontinental Exchange has a potential upside of 3.8% from its current price of $98.25.
Amount of Analyst Coverage
Intercontinental Exchange has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.1 Community Rank

Outperform Votes
Intercontinental Exchange has received 742 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Intercontinental Exchange has received 454 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Intercontinental Exchange has received 62.04% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Intercontinental Exchange and other stocks. Vote “Outperform” if you believe ICE will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ICE will underperform the S&P 500 over the long term. You may vote once every thirty days.

4.2 Dividend Strength

Dividend Leadership
Intercontinental Exchange is a leading dividend payer. It pays a dividend yield of 1.23%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Intercontinental Exchange has been increasing its dividend for 6 years.
Dividend Coverage
The dividend payout ratio of Intercontinental Exchange is 30.93 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Intercontinental Exchange will have a dividend payout ratio of 25.92 % next year. This indicates that Intercontinental Exchange will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Intercontinental Exchange insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $15,627,719.00 in company stock.
Percentage Held by Insiders
Only 1.50% of the stock of Intercontinental Exchange is held by insiders.
Percentage Held by Institutions
87.44% of the stock of Intercontinental Exchange is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Intercontinental Exchange are expected to grow by 3.12% in the coming year, from $4.49 to $4.63 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Intercontinental Exchange is 26.20, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.52.
Price to Earnings Ratio vs. Sector
The P/E ratio of Intercontinental Exchange is 26.20, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 18.94.
Price to Earnings Growth Ratio
Intercontinental Exchange has a PEG Ratio of 2.66. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Intercontinental Exchange has a P/B Ratio of 3.17. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.29 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Security & commodity brokers, dealers, exchanges & services

Sub-IndustrySpecialized Finance

SectorFinance

Current SymbolNYSE:ICE

Previous Symbol

CUSIP45865V10

CIK1571949

Webwww.intercontinentalexchange.com

Phone770-857-4700

Debt

Debt-to-Equity Ratio0.33

Current Ratio0.99

Quick Ratio0.99

Price-To-Earnings

Trailing P/E Ratio26.23

Forward P/E Ratio21.90

P/E Growth2.66

Sales & Book Value

Annual Sales$6.55 billion

Price / Sales8.22

Cash Flow$5.19 per share

Price / Cash Flow18.96

Book Value$31.04 per share

Price / Book3.17

Profitability

EPS (Most Recent Fiscal Year)$3.88

Net Income$1.93 billion

Net Margins29.65%

Return on Equity13.85%

Return on Assets2.26%

Miscellaneous

Employees5,989

Outstanding Shares547,220,000

Market Cap$53.82 billion

Next Earnings Date8/6/2020 (Estimated)

OptionableOptionable

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Intercontinental Exchange (NYSE:ICE) Frequently Asked Questions

How has Intercontinental Exchange's stock been impacted by COVID-19 (Coronavirus)?

Intercontinental Exchange's stock was trading at $86.20 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ICE shares have increased by 14.0% and is now trading at $98.25. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Intercontinental Exchange?

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.

When is Intercontinental Exchange's next earnings date?

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

How were Intercontinental Exchange's earnings last quarter?

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

How often does Intercontinental Exchange pay dividends? What is the dividend yield for Intercontinental Exchange?

Intercontinental Exchange announced a quarterly dividend on Monday, February 10th. Stockholders of record on Wednesday, December 16th will be given a dividend of $0.30 per share on Thursday, December 31st. This represents a $1.20 annualized dividend and a yield of 1.22%. The ex-dividend date is Tuesday, December 15th. View Intercontinental Exchange's dividend history.

When did Intercontinental Exchange's stock split? How did Intercontinental Exchange's stock split work?

Shares of Intercontinental Exchange split before market open on Friday, November 4th 2016. The 5-1 split was announced on Wednesday, October 12th 2016. The newly issued shares were payable 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.

How will Intercontinental Exchange's stock buyback program work?

Intercontinental Exchange announced that its board has authorized a share repurchase program 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 stock through open market purchases. Stock buyback programs are generally a sign that the company's board believes its shares are undervalued.

What price target have analysts set for ICE?

15 Wall Street analysts have issued 1-year price targets for Intercontinental Exchange's stock. Their forecasts range from $90.00 to $116.00. On average, they expect Intercontinental Exchange's stock price to reach $102.00 in the next twelve months. This suggests a possible upside of 3.8% from the stock's current price. View analysts' price targets for Intercontinental Exchange.

Has Intercontinental Exchange been receiving favorable news coverage?

Press coverage about ICE stock has been trending somewhat positive on Monday, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Intercontinental Exchange earned a media sentiment score of 1.0 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutIntercontinental Exchange.

Are investors shorting Intercontinental 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 trading volume of 4,340,000 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.9% of the shares of the company are short sold. View Intercontinental Exchange's Current Options Chain.

Who are some of Intercontinental Exchange's key competitors?

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.

What other stocks do shareholders of Intercontinental Exchange own?

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).

Who are Intercontinental Exchange's key executives?

Intercontinental Exchange's management team includes the following people:

Mr. Jeffrey C. Sprecher, Founder, Chairman & CEO (Age 65, Pay $3.66M)
Mr. Benjamin R. Jackson, Pres (Age 47, Pay $1.88M)
Mr. Scott Anthony Hill, Chief Financial Officer (Age 53, Pay $2.04M)
Mr. Charles A. Vice, Advisor (Age 56, Pay $2.32M)
Mr. David Scott Goone, Chief Strategy Officer (Age 59, Pay $1.86M)

What is Intercontinental Exchange's stock symbol?

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

Who are Intercontinental Exchange's major shareholders?

Intercontinental Exchange's stock is owned by a variety of institutional and retail 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.

Which major investors are selling Intercontinental Exchange stock?

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.

Which major investors are buying Intercontinental Exchange stock?

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.

How do I buy shares of 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.

What is Intercontinental Exchange's stock price today?

One share of ICE stock can currently be purchased for approximately $98.25.

How big of a company is Intercontinental Exchange?

Intercontinental Exchange has a market capitalization of $53.76 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.

What is Intercontinental Exchange's official website?

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

How can I contact Intercontinental Exchange?

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]

This page was last updated on 6/1/2020 by MarketBeat.com Staff