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S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Israel hails 'success' in blocking Iran's unprecedented attack. Biden now seeks diplomatic response
Germany's Scholz arrives in China on a visit marked by trade tensions and Ukraine conflict
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
India's Modi vows to boost social spending, make country into a manufacturing hub ahead of election
It's almost April 15. Here's how to reduce stress and get your taxes done
Can homeless people be fined for sleeping outside? A rural Oregon city asks the US Supreme Court
The craze for Masters gnomes is growing. Little golf-centric statue is now a coveted collector item
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Israel hails 'success' in blocking Iran's unprecedented attack. Biden now seeks diplomatic response
Germany's Scholz arrives in China on a visit marked by trade tensions and Ukraine conflict
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
India's Modi vows to boost social spending, make country into a manufacturing hub ahead of election
It's almost April 15. Here's how to reduce stress and get your taxes done
Can homeless people be fined for sleeping outside? A rural Oregon city asks the US Supreme Court
The craze for Masters gnomes is growing. Little golf-centric statue is now a coveted collector item
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Israel hails 'success' in blocking Iran's unprecedented attack. Biden now seeks diplomatic response
Germany's Scholz arrives in China on a visit marked by trade tensions and Ukraine conflict
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
India's Modi vows to boost social spending, make country into a manufacturing hub ahead of election
It's almost April 15. Here's how to reduce stress and get your taxes done
Can homeless people be fined for sleeping outside? A rural Oregon city asks the US Supreme Court
The craze for Masters gnomes is growing. Little golf-centric statue is now a coveted collector item
NYSE:IGT

International Game Technology (IGT) Stock Price, News & Analysis

$19.98
-0.82 (-3.94%)
(As of 04/12/2024 ET)
Today's Range
$19.96
$20.67
50-Day Range
$19.97
$27.17
52-Week Range
$19.96
$33.99
Volume
1.17 million shs
Average Volume
1.48 million shs
Market Capitalization
$3.98 billion
P/E Ratio
26.29
Dividend Yield
4.00%
Price Target
$31.33

International Game Technology MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
56.8% Upside
$31.33 Price Target
Short Interest
Healthy
1.39% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.34
Upright™ Environmental Score
News Sentiment
0.70mentions of International Game Technology in the last 14 days
Based on 13 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
45.21%
From $1.46 to $2.12 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.

4.56 out of 5 stars

Consumer Discretionary Sector

30th out of 265 stocks

Miscellaneous Amusement & Recreation Services Industry

1st out of 18 stocks

IGT stock logo

About International Game Technology Stock (NYSE:IGT)

International Game Technology PLC operates and provides gaming technology products and services in the United States, Canada, Italy, The United Kingdom, rest of Europe, and internationally. It operates through three segments: Global Lottery, Global Gaming, and PlayDigital. The company designs, sells, operates, and leases a suite of point-of-sale machines that reconciles lottery funds between the retailer and lottery authority; provides online lottery transaction processing systems; produces instant ticket games; and offers printing services, such as instant ticket marketing plans and graphic design, programming, packaging, shipping, and delivery services, as well as iLottery solutions and services. It also designs, develops, assembles, and provides cabinets, games, systems, and software for the gaming market, as well as offers gaming management systems for casino management, such as infrastructure and applications, customer relationship management, patron management, and server-based gaming. In addition, the company provides video lottery terminals (VLT), VLT central systems, and VLT games. Further, it offers digital products, such as slot games, blackjack, roulette, poker, bingo, and other casino card games; iGaming systems and digital platforms that offer remote game server solution; and sports betting technology and management services to licensed sports betting operators. It processes commercial transactions, such as prepaid cellular telephone recharges, bill payments, e-vouchers and retail-based programs, electronic tax payments, prepaid card recharges, and stamp duty and money transfer services. The company was formerly known as GTECH S.p.A. and changed its name to International Game Technology PLC in April 2015. The company was incorporated in 2014 and is headquartered in London, the United Kingdom. International Game Technology PLC is a subsidiary of De Agostini S.p.A.

IGT Stock Price History

IGT Stock News Headlines

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Company Calendar

Last Earnings
3/12/2024
Ex-Dividend for 4/9 Dividend
3/25/2024
Dividend Payable
4/09/2024
Today
4/13/2024
Next Earnings (Confirmed)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Miscellaneous amusement & recreation services
Sub-Industry
Casinos & Gaming
CUSIP
45990210
Employees
11,016
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$31.33
High Stock Price Target
$48.00
Low Stock Price Target
$26.00
Potential Upside/Downside
+56.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$156 million
Pretax Margin
14.59%

Debt

Sales & Book Value

Annual Sales
$4.31 billion
Cash Flow
$5.46 per share
Book Value
$9.81 per share

Miscellaneous

Free Float
196,610,000
Market Cap
$3.98 billion
Optionable
Optionable
Beta
1.94
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Key Executives

  • Mr. Marco Sala (Age 65)
    Executive Chairman
    Comp: $4.69M
  • Mr. Massimiliano Chiara (Age 56)
    Executive VP, CFO & Director
    Comp: $2.69M
  • Mr. Vincent L. Sadusky (Age 59)
    President, CEO & Executive Director
    Comp: $4.22M
  • David T. Morgan (Age 43)
    Senior Vice President & Chief Accounting Officer
  • Mr. James Hurley
    Senior Vice President of Investor Relations
  • Mr. Christopher C. Spears (Age 56)
    Executive VP & General Counsel
  • Ms. Wendy Montgomery (Age 60)
    Senior Vice President of Marketing, Communications & Sustainability
  • Mr. Ken Bossingham (Age 60)
    Senior Vice President of Sales
  • Mr. Fabio Celadon (Age 52)
    Executive Vice President of Strategy & Corporate Development
  • Ms. Dorothy Costa (Age 52)
    Senior Vice President of People & Transformation

IGT Stock Analysis - Frequently Asked Questions

Should I buy or sell International Game Technology stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for International Game Technology in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" IGT shares.
View IGT analyst ratings
or view top-rated stocks.

What is International Game Technology's stock price target for 2024?

6 analysts have issued 1 year price targets for International Game Technology's stock. Their IGT share price targets range from $26.00 to $48.00. On average, they predict the company's share price to reach $31.33 in the next year. This suggests a possible upside of 56.8% from the stock's current price.
View analysts price targets for IGT
or view top-rated stocks among Wall Street analysts.

How have IGT shares performed in 2024?

International Game Technology's stock was trading at $27.41 at the start of the year. Since then, IGT shares have decreased by 27.1% and is now trading at $19.98.
View the best growth stocks for 2024 here
.

Are investors shorting International Game Technology?

International Game Technology saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 1,440,000 shares, a decrease of 25.8% from the March 15th total of 1,940,000 shares. Based on an average daily trading volume, of 1,200,000 shares, the short-interest ratio is currently 1.2 days. Approximately 1.4% of the company's stock are short sold.
View International Game Technology's Short Interest
.

When is International Game Technology's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our IGT earnings forecast
.

How can I listen to International Game Technology's earnings call?

International Game Technology will be holding an earnings conference call on Tuesday, May 14th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were International Game Technology's earnings last quarter?

International Game Technology PLC (NYSE:IGT) announced its earnings results on Tuesday, March, 12th. The company reported $0.56 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.45 by $0.11. The company had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.11 billion. International Game Technology had a net margin of 3.62% and a trailing twelve-month return on equity of 21.10%. The company's revenue for the quarter was up 3.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.40 EPS.

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

International Game Technology announced a quarterly dividend on Tuesday, March 12th. Investors of record on Tuesday, March 26th will be paid a dividend of $0.20 per share on Tuesday, April 9th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.00%. The ex-dividend date of this dividend is Monday, March 25th.
Read our dividend analysis for IGT
.

Is International Game Technology a good dividend stock?

International Game Technology (NYSE:IGT) pays an annual dividend of $0.80 per share and currently has a dividend yield of 4.00%. IGT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 105.26%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, IGT will have a dividend payout ratio of 37.74% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for IGT.

What ETFs hold International Game Technology's stock?
What guidance has International Game Technology issued on next quarter's earnings?

International Game Technology issued an update on its first quarter 2024 earnings guidance on Tuesday, March, 12th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.0 billion-$1.0 billion, compared to the consensus revenue estimate of $1.1 billion.

What is Marco Sala's approval rating as International Game Technology's CEO?

252 employees have rated International Game Technology Chief Executive Officer Marco Sala on Glassdoor.com. Marco Sala has an approval rating of 76% among the company's employees.

What other stocks do shareholders of International Game Technology own?

Based on aggregate information from My MarketBeat watchlists, some companies that other International Game Technology investors own include AT&T (T), Walt Disney (DIS), Bank of America (BAC), Exxon Mobil (XOM), Verizon Communications (VZ), AbbVie (ABBV), CVS Health (CVS), NVIDIA (NVDA), General Electric (GE) and Gilead Sciences (GILD).

Who are International Game Technology's major shareholders?

International Game Technology's stock is owned by a number of retail and institutional investors. Top institutional investors include General Partner Inc. (0.00%).
View institutional ownership trends
.

How do I buy shares of International Game Technology?

Shares of IGT 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.

This page (NYSE:IGT) was last updated on 4/14/2024 by MarketBeat.com Staff

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