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

Company Overview

International Game Technology (NYSE: IGT) is a global leader in the gaming and lottery industries, offering a broad portfolio of products, services and technology solutions. The company specializes in the design, development and deployment of gaming machines, systems and software for both regulated gaming operators and lottery customers. With a presence in the world’s major gaming jurisdictions, IGT provides equipment and services to casinos, lotteries and digital platforms.

Founded as part of the original International Game Technology in the 1970s and significantly expanded through the merger with Italy’s GTECH in 2015, IGT has built a strong heritage in gaming innovation. The combined entity brought together IGT’s pioneering slot machines and interactive systems with GTECH’s expertise in lottery management and sports betting solutions. Today, the company continues to leverage this legacy to advance product development and deliver new experiences to players.

IGT’s product offerings span three core areas: Gaming, Lottery and Digital & Betting. In the gaming segment, the company produces a variety of video and reel-based slot machines, electronic table games, and casino management systems. The lottery division delivers end-to-end systems for draw and instant ticket games, as well as central monitoring and analytics platforms. Its Digital & Betting arm focuses on sports wagering, iLottery products, mobile and online casino solutions, and turnkey platform services for regulated markets.

Operating in over 100 countries, IGT serves customers across North America, Europe, Latin America, Asia-Pacific and Africa. The company’s corporate headquarters are located in London, with a significant presence in Rhode Island, USA. Under the leadership of CEO Vince Sadusky, IGT continues to invest in research and development, strategic partnerships and market expansion to strengthen its position in both traditional and emerging gaming verticals.

Key Stats

• Today's Range: $15.66 to $17.04
• 50-Day Range: $14.54 to $17.90
• 52-Week Range: $13.81 to $24.13
• Volume: 3.55 million shs
• Average Volume: 1.35 million shs
• Market Capitalization: $3.33 billion
• P/E Ratio: 11.45
• Dividend Yield: 4.85%
• Price Target: $23.25
• Consensus Rating: Moderate Buy

International Game Technology Stock Analysis - MarketRank™

International Game Technology scored higher than 77% of companies evaluated by MarketBeat, and ranked 93rd out of 294 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

International Game Technology has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

International Game Technology has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 0.81%

Earnings Growth

Earnings for International Game Technology are expected to grow by 0.81% in the coming year, from $1.24 to $1.25 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of International Game Technology is 11.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.50.

Price to Earnings Ratio vs. Sector

The P/E ratio of International Game Technology is 11.45, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 20.86.

Price to Book Value per Share Ratio

International Game Technology has a P/B Ratio of 1.59. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.06% of the float of International Game Technology has been sold short.

Short Interest Ratio / Days to Cover

International Game Technology has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in International Game Technology has recently increased by 3.69%, indicating that investor sentiment is decreasing.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

International Game Technology is a leading dividend payer. It pays a dividend yield of 4.91%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

International Game Technology does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of International Game Technology is 55.56%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, International Game Technology will have a dividend payout ratio of 64.00% next year. This indicates that International Game Technology will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -0.34

Percentage of Shares Shorted

5.06% of the float of International Game Technology has been sold short.

Short Interest Ratio / Days to Cover

International Game Technology has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in International Game Technology has recently increased by 3.69%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 1.1 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for International Game Technology this week, compared to 6 articles on an average week.

Search Interest

4 people have searched for IGT on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.

MarketBeat Follows

5 people have added International Game Technology to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, International Game Technology insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.24% of the stock of International Game Technology is held by insiders.

Percentage Held by Institutions

44.33% of the stock of International Game Technology is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

IGT Stock Analysis - Frequently Asked Questions

How have IGT shares performed this year?

International Game Technology's stock was trading at $17.66 at the beginning of the year. Since then, IGT stock has decreased by 6.7% and is now trading at $16.4850.

How were International Game Technology's earnings last quarter?

International Game Technology (NYSE:IGT) posted its quarterly earnings data on Tuesday, May, 13th. The company reported $0.09 earnings per share for the quarter, missing analysts' consensus estimates of $0.14 by $0.05. The firm's revenue for the quarter was down 11.8% on a year-over-year basis.
Read the conference call transcript.

Who are International Game Technology's major shareholders?

Top institutional shareholders of International Game Technology include Perpetual Ltd (0.10%).
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.

What other stocks do shareholders of International Game Technology own?

Based on aggregate information from My MarketBeat watchlists, some other companies that International Game Technology investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Tesla (TSLA), Intel (INTC), Netflix (NFLX) and Exxon Mobil (XOM).

Company Calendar

• Last Earnings: 5/13/2025
• Record date for 6/12 Dividend: 5/29/2025
• Ex-Dividend for 6/12 Dividend: 5/29/2025
• Dividend Payable: 6/12/2025
• Today: 7/18/2025
• Next Earnings (Estimated): 7/29/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Discretionary
• Industry: GAMING
• Sub-Industry: Casinos & Gaming
• Current Symbol: NYSE:IGT
• CIK: 1619762
• Web: www.igt.com
• Phone: 444013921000
• Fax: 44-20-7535-3200
• Employees: 10,800
• Year Founded: N/A

Price Target and Rating

• Average Price Target for International Game Technology: $23.25
• High Price Target: $30.00
• Low Price Target: $18.00
• Potential Upside/Downside: +41.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.44
• Trailing P/E Ratio: 11.45
• Forward P/E Ratio: 13.29
• P/E Growth: N/A
• Net Income: $348 million
• Net Margins: 11.46%
• Pretax Margin: 14.08%
• Return on Equity: 7.86%
• Return on Assets: 1.50%

Debt

• Debt-to-Equity Ratio: 2.74
• Current Ratio: 2.48
• Quick Ratio: 2.43

Sales & Book Value

• Annual Sales: $2.51 billion
• Price / Sales: 1.33
• Cash Flow: $2.74 per share
• Price / Cash Flow: 6.01
• Book Value: $10.35 per share
• Price / Book: 1.59

Miscellaneous

• Outstanding Shares: 202,030,000
• Free Float: 199,527,000
• Market Cap: $3.33 billion
• Optionable: Optionable
• Beta: 1.52