ICL Group (ICL) Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ICL Group in the last year. There are currently 4 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ICL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ICL, but not buy additional shares or sell existing shares.
View ICL analyst ratings or view top-rated stocks.

4 Wall Street analysts have issued 12-month target prices for ICL Group's stock. Their ICL share price forecasts range from $7.00 to $9.50. On average, they anticipate the company's share price to reach $7.83 in the next year. This suggests a possible upside of 44.0% from the stock's current price.
View analysts price targets for ICL or view top-rated stocks among Wall Street analysts.

ICL Group's stock was trading at $7.31 at the beginning of 2023. Since then, ICL shares have decreased by 25.6% and is now trading at $5.44.
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ICL Group saw a increase in short interest in May. As of May 15th, there was short interest totaling 3,420,000 shares, an increase of 33.1% from the April 30th total of 2,570,000 shares. Based on an average daily volume of 1,400,000 shares, the days-to-cover ratio is currently 2.4 days. Approximately 0.5% of the shares of the stock are sold short.
View ICL Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023.
View our ICL earnings forecast.

ICL Group Ltd (NYSE:ICL) issued its quarterly earnings data on Thursday, November, 4th. The basic materials company reported $0.16 EPS for the quarter, beating analysts' consensus estimates of $0.14 by $0.02. The basic materials company earned $1.79 billion during the quarter. ICL Group had a trailing twelve-month return on equity of 35.99% and a net margin of 18.85%. During the same period last year, the business earned $0.05 earnings per share.

ICL Group announced a quarterly dividend on Thursday, May 11th. Stockholders of record on Wednesday, May 31st will be paid a dividend of $0.1132 per share on Wednesday, June 14th. This represents a $0.45 annualized dividend and a dividend yield of 8.32%. The ex-dividend date of this dividend is Tuesday, May 30th. This is an increase from the stock's previous quarterly dividend of $0.10.
Read our dividend analysis for ICL.

ICL Group (NYSE:ICL) pays an annual dividend of $0.35 per share and currently has a dividend yield of 6.52%. ICL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 25.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ICL will have a dividend payout ratio of 50.72% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ICL.

17 employees have rated ICL Group Chief Executive Officer Raviv Zoller on Glassdoor.com. Raviv Zoller has an approval rating of 95% among the company's employees. This puts Raviv Zoller in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other ICL Group investors own include Main Street Capital (MAIN), Algonquin Power & Utilities (AQN), Booking (BKNG), Phillips 66 (PSX), Woodward (WWD), TechnipFMC (FTI), Illumina (ILMN), Intel (INTC) and MercadoLibre (MELI).

ICL Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "ICL."

ICL Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include Altshuler Shaham Ltd (5.02%), Meitav Investment House Ltd. (0.88%), Arrowstreet Capital Limited Partnership (0.67%), BlackRock Inc. (0.40%), Caisse DE Depot ET Placement DU Quebec (0.32%) and JPMorgan Chase & Co. (0.29%).
View institutional ownership trends.

Shares of ICL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ICL stock can currently be purchased for approximately $5.44.

ICL Group (NYSE:ICL) has a market capitalization of $7.00 billion and generates $10.02 billion in revenue each year. The basic materials company earns $2.16 billion in net income (profit) each year or $1.40 on an earnings per share basis.

The company employs 13,619 workers across the globe.

ICL Group's mailing address is Millennium Tower 23 Aranha Street P.O. Box 20245, Tel Aviv L3, 61202. The official website for the company is www.icl-group.com. The basic materials company can be reached via phone at (723) 684-4400, via email at limor.gruber@icl-group.com, or via fax at 972-3684-4444.