International Game Technology Company Profile (NYSE:IGT)

About International Game Technology (NYSE:IGT)

International Game Technology logoInternational Game Technology (IGT) is a global gaming company specializing in the design, development, manufacture, and marketing of casino-style gaming equipment, systems technology, and game content across multiple platforms: land-based, online real-money and social gaming. The Company is a supplier of gaming entertainment products worldwide. IGT operates in two segments: North America and International. North America consists of the Company's operations in the United States and Canada, which comprised 78% of the revenue during the fiscal year ended September 30, 2013 (fiscal 2013). International consists of its operations in all other jurisdictions worldwide, which consists of 22% of the consolidated revenues in fiscal 2013. The Company recognized revenues in three categories, which includes Gaming Operations, Product Sales and Interactive.

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Gaming Activities
  • Sub-Industry: Casinos & Gaming
  • Symbol: NYSE:IGT
  • CUSIP: 45990210
  • Web: www.igt.com
Capitalization:
  • Market Cap: $4.25 billion
  • Outstanding Shares: 202,435,000
Average Prices:
  • 50 Day Moving Avg: $22.02
  • 200 Day Moving Avg: $25.15
  • 52 Week Range: $17.35 - $32.07
P/E:
  • Trailing P/E Ratio: 19.79
  • Foreward P/E Ratio: 9.21
  • P/E Growth: 1.01
Sales & Book Value:
  • Annual Revenue: $5.15 billion
  • Price / Sales: 0.83
  • Book Value: $15.17 per share
  • Price / Book: 1.38
Dividend:
  • Annual Dividend: $0.80
  • Dividend Yield: 3.8%
Profitability:
  • EBIDTA: $1.57 billion
  • Net Margins: 0.99%
  • Return on Equity: 12.45%
  • Return on Assets: 2.76%
Debt:
  • Debt-to-Equity Ratio: 2.42%
  • Current Ratio: 0.94%
  • Quick Ratio: 0.80%
Misc:
  • Average Volume: 1.04 million shs.
  • Beta: 1.51
  • Short Ratio: 2.85
 

Frequently Asked Questions for International Game Technology (NYSE:IGT)

What is International Game Technology's stock symbol?

International Game Technology trades on the New York Stock Exchange (NYSE) under the ticker symbol "IGT."

How often does International Game Technology pay dividends? What is the dividend yield for International Game Technology?

International Game Technology declared a quarterly dividend on Thursday, March 9th. Stockholders of record on Thursday, March 23rd will be paid a dividend of $0.20 per share on Thursday, April 6th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.81%. The ex-dividend date of this dividend is Tuesday, March 21st. View International Game Technology's Dividend History.

How were International Game Technology's earnings last quarter?

International Game Technology (NYSE:IGT) released its earnings results on Thursday, March, 9th. The company reported $0.88 earnings per share for the quarter, topping analysts' consensus estimates of $0.52 by $0.36. The company earned $1.32 billion during the quarter, compared to the consensus estimate of $1.33 billion. International Game Technology had a net margin of 0.99% and a return on equity of 12.45%. The company's revenue was down 3.2% compared to the same quarter last year. During the same period last year, the firm posted $0.63 earnings per share. View International Game Technology's Earnings History.

When will International Game Technology make its next earnings announcement?

International Game Technology is scheduled to release their next quarterly earnings announcement on Thursday, May, 25th 2017. View Earnings Estimates for International Game Technology.

Where is International Game Technology's stock going? Where will International Game Technology's stock price be in 2017?

6 brokerages have issued 12 month price objectives for International Game Technology's shares. Their predictions range from $20.50 to $31.00. On average, they expect International Game Technology's share price to reach $27.17 in the next year. View Analyst Ratings for International Game Technology.

Who are some of International Game Technology's key competitors?

Who owns International Game Technology stock?

International Game Technology's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Acadian Asset Management LLC (3.55%), OppenheimerFunds Inc. (2.73%), AQR Capital Management LLC (2.65%), Goldman Sachs Group Inc. (1.92%), JPMorgan Chase & Co. (1.73%) and FMR LLC (1.19%). View Institutional Ownership Trends for International Game Technology.

Who sold International Game Technology stock? Who is selling International Game Technology stock?

International Game Technology's stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Lazard Asset Management LLC, Russell Investments Group Ltd., Ameriprise Financial Inc., Schwab Charles Investment Management Inc., State of Tennessee Treasury Department, Chicago Equity Partners LLC and Goldman Sachs Group Inc.. View Insider Buying and Selling for International Game Technology.

Who bought International Game Technology stock? Who is buying International Game Technology stock?

International Game Technology's stock was purchased by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Prudential Financial Inc., FMR LLC, Alliancebernstein L.P., Nationwide Fund Advisors, Strategic Global Advisors LLC, Renaissance Technologies LLC and Venturi Wealth Management LLC. View Insider Buying and Selling for International Game Technology.

How do I buy International Game Technology stock?

Shares of International Game Technology can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of International Game Technology stock cost?

One share of International Game Technology stock can currently be purchased for approximately $21.00.

Analyst Ratings

Consensus Ratings for International Game Technology (NYSE:IGT) (?)
Ratings Breakdown: 4 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $27.17 (29.37% upside)

Analysts' Ratings History for International Game Technology (NYSE:IGT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/19/2017Wells Fargo & CoReiterated RatingMarket Perform$25.50LowView Rating Details
3/24/2017ArgusDowngradeBuy -> HoldLowView Rating Details
3/10/2017Telsey Advisory GroupLower Price TargetOutperform -> Outperform$33.00 -> $31.00LowView Rating Details
1/26/2017Bank of America CorpDowngradeBuy -> Neutral$30.00N/AView Rating Details
6/14/2016MacquarieInitiated CoverageOutperform$26.00N/AView Rating Details
5/29/2016Sterne Agee CRTReiterated RatingHoldN/AView Rating Details
11/13/2015BNP ParibasBoost Price Target$16.00 -> $17.00N/AView Rating Details
8/19/2015Goldman Sachs Group IncInitiated CoverageSell$15.50N/AView Rating Details
8/18/2015Union Gaming ResearchInitiated CoverageBuy -> BuyN/AView Rating Details
(Data available from 5/24/2015 forward)

Earnings

Earnings History for International Game Technology (NYSE:IGT)
Earnings by Quarter for International Game Technology (NYSE:IGT)
Earnings History by Quarter for International Game Technology (NYSE:IGT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/25/2017        
3/9/2017Q4 2016$0.52$0.88$1.33 billion$1.32 billionViewListenView Earnings Details
11/21/2016Q316$0.44$0.45$1.25 billion$1.27 billionViewN/AView Earnings Details
7/28/2016Q216$0.47$0.43$1.26 billion$1.29 billionViewListenView Earnings Details
5/26/2016Q116$0.48$0.57$1.28 billion$1.28 billionViewListenView Earnings Details
3/17/2016Q415$0.40$0.63$1.30 billion$1.37 billionViewListenView Earnings Details
11/12/2015Q315$0.31$0.41$1.27 billion$1.22 billionViewListenView Earnings Details
8/11/2015Q215$0.28$0.35$1.30 billion$1.29 billionViewListenView Earnings Details
5/13/2015Q1$0.50($0.14)$1.23 billion$1.21 billionViewListenView Earnings Details
1/27/2015Q115$0.25$0.19$487.60 billion$450.60 billionViewN/AView Earnings Details
11/6/2014Q414$0.30$0.37$517.20 million$536.50 millionViewN/AView Earnings Details
7/29/2014Q314$0.27$0.28$521.90 million$467.60 millionViewN/AView Earnings Details
4/22/2014Q214$0.19$0.20$498.14 million$512.80 millionViewListenView Earnings Details
1/23/2014Q114$0.30$0.25$554.29 million$541.20 millionViewListenView Earnings Details
11/7/2013Q413$0.34$0.30$603.05 million$632.00 millionViewListenView Earnings Details
7/23/2013Q3 2013$0.31$0.33$584.30 million$579.00 millionViewListenView Earnings Details
4/25/2013Q2 2013$0.30$0.36$569.93 million$600.00 millionViewListenView Earnings Details
1/22/2013Q1 2013$0.24$0.28$527.23 million$530.30 millionViewListenView Earnings Details
11/8/2012Q412$0.32$0.38$588.27 million$631.10 millionViewN/AView Earnings Details
7/24/2012$0.28$0.23ViewN/AView Earnings Details
1/24/2012$0.22$0.17ViewN/AView Earnings Details
11/8/2011$0.23$0.24ViewN/AView Earnings Details
4/21/2011$0.20$0.23ViewN/AView Earnings Details
1/20/2011$0.20$0.21ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for International Game Technology (NYSE:IGT)
2017 EPS Consensus Estimate: $2.28
2018 EPS Consensus Estimate: $2.48
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.50$0.50$0.50
Q2 20171$0.56$0.56$0.56
Q3 20171$0.57$0.57$0.57
Q4 20171$0.65$0.65$0.65
Q1 20181$0.58$0.58$0.58
Q2 20181$0.62$0.62$0.62
Q3 20181$0.60$0.60$0.60
Q4 20181$0.68$0.68$0.68
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for International Game Technology (NYSE:IGT)
Most Recent Dividend:4/6/2017
Annual Dividend:$0.80
Dividend Yield:3.81%
Dividend Growth:43.60% (3 Year Average)
Payout Ratio:307.69% (Trailing 12 Months of Earnings)
38.10% (Based on This Year's Estimates)
35.09% (Based on Next Year's Estimates)
Track Record:5 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for International Game Technology (NYSE:IGT)

Dividend History by Quarter for International Game Technology (NYSE:IGT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/9/2017quarterly$0.203.38%3/21/20173/23/20174/6/2017
11/21/2016quarterly$0.2012/1/201612/5/201612/19/2016
7/26/2016quarterly$0.208/8/20168/10/20168/24/2016
5/26/2016quarterly$0.206/7/20166/9/20166/23/2016
3/17/2016quarterly$0.203/29/20163/31/20164/14/2016
11/10/2015quarterly$0.2011/24/201511/27/201512/11/2015
8/11/2015$0.208/24/20158/26/20159/10/2015
2/10/2015quarterly$0.112.57%3/4/20153/6/20153/20/2015
11/11/2014quarterly$0.112.61%12/16/201412/18/20141/2/2015
8/20/2014quarterly$0.112.61%9/16/20149/18/201410/3/2014
6/13/2014quarterly$0.112.81%6/26/20146/27/20147/11/2014
3/12/2014quarterly$0.112.9%3/19/20143/21/20144/4/2014
11/15/2013quarterly$0.112.61%12/18/201312/20/20131/3/2014
8/20/2013quarterly$0.102.1%9/17/20139/19/201310/4/2013
6/4/2013quarterly$0.092.1%6/18/20136/20/20137/5/2013
3/4/2013quarterly$0.081.9%3/19/20133/21/20134/5/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for International Game Technology (NYSE:IGT)
Insider Ownership Percentage: 1.24%
Institutional Ownership Percentage: 40.84%
Insider Trades by Quarter for International Game Technology (NYSE:IGT)
Institutional Ownership by Quarter for International Game Technology (NYSE:IGT)
Insider Trades by Quarter for International Game Technology (NYSE:IGT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/29/2014Eric A BergCOOSell1,651$17.21$28,413.71View SEC Filing  
12/17/2013Eric BergCOOSell4,904$17.13$84,005.52View SEC Filing  
12/16/2013Eric BergCOOSell1,182$17.57$20,767.74View SEC Filing  
8/9/2013Robert MelendresEVPSell26,000$19.24$500,240.00View SEC Filing  
8/6/2013Eric TomEVPSell2,028$19.27$39,079.56View SEC Filing  
7/15/2013Eric P TomEVPSell1,680$18.00$30,240.00View SEC Filing  
5/10/2013Eric P TomEVPSell35,013$18.00$630,234.00View SEC Filing  
11/30/2012David Earle RobersonDirectorBuy12,000$13.94$167,280.00View SEC Filing  
11/21/2012Philip G SatreDirectorBuy37,750$13.25$500,187.50View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for International Game Technology (NYSE:IGT)
Latest Headlines for International Game Technology (NYSE:IGT)
Source:
DateHeadline
americanbankingnews.com logoInternational Game Technology (IGT) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - May 15 at 4:40 PM
finance.yahoo.com logoIGT Demonstrates Leadership in Gaming Innovation at G2E Asia 2017
finance.yahoo.com - May 9 at 5:37 PM
finance.yahoo.com logoETFs with exposure to International Game Technology Plc : May 8, 2017
finance.yahoo.com - May 8 at 5:32 PM
finance.yahoo.com logoInternational Game Technology PLC to Report First Quarter 2017 Results on Thursday, May 25, 2017
finance.yahoo.com - May 4 at 6:03 PM
americanbankingnews.com logoInternational Game Technology (IGT) Earning Somewhat Favorable Press Coverage, Analysis Shows
www.americanbankingnews.com - May 4 at 5:14 PM
americanbankingnews.com logoInternational Game Technology (IGT) Expected to Post Quarterly Sales of $1.19 Billion
www.americanbankingnews.com - April 30 at 8:54 AM
americanbankingnews.com logoInternational Game Technology (IGT) Expected to Announce Earnings of $0.47 Per Share
www.americanbankingnews.com - April 28 at 6:08 PM
americanbankingnews.com logoInternational Game Technology (IGT) Receiving Somewhat Positive Media Coverage, Study Finds
www.americanbankingnews.com - April 28 at 1:01 AM
americanbankingnews.com logoInternational Game Technology (IGT) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - April 27 at 1:07 AM
finance.yahoo.com logoInternational Game Technology PLC Releases Notice of 2017 Annual General Meeting and 2016 Annual Reports and Accounts
finance.yahoo.com - April 26 at 7:27 PM
finance.yahoo.com logoETFs with exposure to International Game Technology Plc : April 26, 2017
finance.yahoo.com - April 26 at 7:27 PM
finance.yahoo.com logoInternational Game Technology Plc :IGT-US: Earnings Analysis: Q4, 2016 By the Numbers : April 25, 2017
finance.yahoo.com - April 25 at 10:45 AM
americanbankingnews.com logoInternational Game Technology (IGT) Receiving Somewhat Critical Media Coverage, Analysis Finds
www.americanbankingnews.com - April 24 at 6:31 PM
finance.yahoo.com logoInternational Game Technology PLC Appoints Fabio Celadon As Senior Vice President, Gaming Portfolio
finance.yahoo.com - April 24 at 9:02 AM
americanbankingnews.com logoSomewhat Favorable News Coverage Likely to Affect International Game Technology (IGT) Stock Price
www.americanbankingnews.com - April 21 at 11:30 PM
finance.yahoo.com logoIGT Posts 2016 Annual Report
finance.yahoo.com - April 19 at 10:47 PM
americanbankingnews.com logoInternational Game Technology's (IGT) Market Perform Rating Reiterated at Wells Fargo & Co
www.americanbankingnews.com - April 19 at 4:22 PM
americanbankingnews.com logoInternational Game Technology (IGT) Getting Somewhat Favorable Press Coverage, Report Finds
www.americanbankingnews.com - April 18 at 5:10 PM
finance.yahoo.com logoIGT Announces Agreement To Sell Double Down Interactive LLC To DoubleU Games As Part Of New Strategic Partnership In Social Casino
finance.yahoo.com - April 18 at 11:05 AM
nasdaq.com logoInternational Game Technology Enters Oversold Territory (IGT)
www.nasdaq.com - April 15 at 9:46 AM
americanbankingnews.com logoSomewhat Favorable Media Coverage Somewhat Likely to Effect International Game Technology (IGT) Share Price
www.americanbankingnews.com - April 13 at 3:50 PM
americanbankingnews.com logoInternational Game Technology (IGT) Expected to Announce Quarterly Sales of $1.19 Billion
www.americanbankingnews.com - April 9 at 8:59 AM
americanbankingnews.com logo Brokerages Expect International Game Technology (IGT) Will Post Earnings of $0.49 Per Share
www.americanbankingnews.com - April 7 at 6:51 PM
seekingalpha.com logo18 'Safer' Miller/Howard SDI Spring Dog Dividend Yields Topped By LyondellBasell
seekingalpha.com - April 7 at 5:45 PM
streetinsider.com logoInternational Game Tech (IGT) Reports 7-yr Contract with Thüringen Lottery in Germany
www.streetinsider.com - April 7 at 10:24 AM
finance.yahoo.com logoIGT Spotlights Next-Generation Technologies at Indian Gaming Tradeshow & Convention 2017
finance.yahoo.com - April 7 at 10:24 AM
finance.yahoo.com logoIGT Signs Cross-Licensing Agreement With Aruze Gaming
finance.yahoo.com - April 7 at 10:24 AM
finance.yahoo.com logoIGT Signs Seven-Year Contract with Lotterie-Treuhandgesellschaft mbH Thüringen in Germany to Modernize Its Central System
finance.yahoo.com - April 7 at 10:24 AM
streetinsider.com logoInternational Game Tech (IGT) Announces Cross-Licensing Agreement with Incredible Technologies - StreetInsider.com
www.streetinsider.com - March 30 at 4:26 AM
reuters.com logoBRIEF-IGT signs cross-licensing agreement with Incredible Technologies Inc
www.reuters.com - March 29 at 10:38 AM
nasdaq.com logoIGT Signs Cross-Licensing Deal With Incredible Technologies
www.nasdaq.com - March 29 at 10:38 AM
streetinsider.com logoInternational Game Tech (IGT) Announces Cross-Licensing Agreement with Incredible Technologies
www.streetinsider.com - March 29 at 10:38 AM
finance.yahoo.com logoIGT Signs Cross-Licensing Agreement With Incredible Technologies, Inc.
finance.yahoo.com - March 29 at 10:38 AM
streetinsider.com logoInternational Game Tech (IGT) Agrees to Provide New Zealand Lottery Commission with Game Server and Interactive ... - StreetInsider.com
www.streetinsider.com - March 24 at 5:55 PM
finance.yahoo.com logoFewer Casino Openings, Weaker Powerball Sales Make International Game Tech A Riskier Bet This Year
finance.yahoo.com - March 24 at 5:55 PM
americanbankingnews.com logoInternational Game Technology (IGT) Stock Rating Lowered by Argus
www.americanbankingnews.com - March 24 at 11:13 AM
reuters.com logoBRIEF-IGT unit signs agreement with New Zealand Lotteries Commission
www.reuters.com - March 24 at 9:46 AM
finance.yahoo.com logoIGT Signs Agreement To Provide New Zealand Lotteries Commission With New Remote Game Server System And Interactive Instant Win Content
finance.yahoo.com - March 23 at 6:26 PM
prnewswire.com logoIGT Honored in Casino Journal's Top 20 Most Innovative Gaming Technology Products Awards - PR Newswire (press release)
www.prnewswire.com - March 21 at 9:20 AM
nasdaq.com logoInternational Game Technology (IGT) Ex-Dividend Date Scheduled ... - Nasdaq
www.nasdaq.com - March 21 at 9:20 AM
finance.yahoo.com logoIGT Honored in Casino Journal's Top 20 Most Innovative Gaming Technology Products Awards
finance.yahoo.com - March 20 at 6:56 PM
prnewswire.com logoIGT Receives the Internet Responsible Gambling Compliance Assessment Program (iCAP) Re-Certification - PR Newswire (press release)
www.prnewswire.com - March 15 at 3:09 AM
streetinsider.com logoInternational Game Tech (IGT) to Sell 5500 New Lottery Terminals to Western Canada Lottery Corp.
www.streetinsider.com - March 13 at 5:45 PM
finance.yahoo.com logoIGT Signs Agreement With Western Canada Lottery Corporation To Install New Lottery Terminals And Ticket Checkers, Following Competitive Procurement
finance.yahoo.com - March 13 at 5:45 PM
finance.yahoo.com logoIGT Receives the Internet Responsible Gambling Compliance Assessment Program (iCAP) Re-Certification
finance.yahoo.com - March 13 at 10:58 AM
fool.com logoWhy Stratasys, International Game Technology, and Momo Slumped Today - Motley Fool
www.fool.com - March 11 at 8:53 AM
seekingalpha.com logoInternational Game Technology's (IGT) CEO Marco Sala on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - March 10 at 7:03 PM
rttnews.com logoInternational Game Technology (IGT) Sank After Drop In Q4 Revenues
www.rttnews.com - March 10 at 7:03 PM
americanbankingnews.com logoTelsey Advisory Group Lowers International Game Technology (IGT) Price Target to $31.00
www.americanbankingnews.com - March 10 at 12:38 PM
rttnews.com logoInternational Game Technology Names Heather McGregor To Board Of Directors
www.rttnews.com - March 9 at 8:57 PM

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Chart

International Game Technology (IGT) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by MarketBeat.com Staff