International Game Technology Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for International Game Technology in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" International Game Technology stock.
View analyst ratings for International Game Technology or view top-rated stocks.

5 brokerages have issued 12-month target prices for International Game Technology's shares. Their IGT stock forecasts range from $26.00 to $63.00. On average, they predict International Game Technology's share price to reach $40.80 in the next year. This suggests a possible upside of 92.1% from the stock's current price.
View analysts' price targets for International Game Technology or view top-rated stocks among Wall Street analysts.

International Game Technology's stock was trading at $28.91 at the beginning of the year. Since then, IGT shares have decreased by 26.5% and is now trading at $21.24.
View the best growth stocks for 2022 here.

International Game Technology is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022.
View our earnings forecast for International Game Technology.

International Game Technology PLC (NYSE:IGT) posted its quarterly earnings results on Tuesday, May, 10th. The company reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.05. The business earned $1.05 billion during the quarter, compared to analyst estimates of $1.04 billion. International Game Technology had a net margin of 11.37% and a trailing twelve-month return on equity of 3.35%. The firm's quarterly revenue was up 3.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.38 EPS.
View International Game Technology's earnings history.

International Game Technology announced a quarterly dividend on Tuesday, May 10th. Investors of record on Tuesday, May 24th will be given a dividend of $0.20 per share on Tuesday, June 7th. This represents a $0.80 annualized dividend and a dividend yield of 3.77%. The ex-dividend date of this dividend is Monday, May 23rd.
View International Game Technology's dividend history.

International Game Technology(NYSE:IGT) pays an annual dividend of $0.80 per share and currently has a dividend yield of 3.77%. The dividend payout ratio of International Game Technology is 35.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, International Game Technology will have a dividend payout ratio of 45.20% next year. This indicates that International Game Technology will be able to sustain or increase its dividend.
View International Game Technology's dividend history.

International Game Technology updated its second quarter 2022 earnings guidance on Tuesday, June, 7th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.00 billion-$1.10 billion, compared to the consensus revenue estimate of $1.04 billion.

252 employees have rated International Game Technology CEO Marco Sala on Glassdoor.com. Marco Sala has an approval rating of 76% among International Game Technology's employees.

Some companies that are related to International Game Technology include Las Vegas Sands (LVS), MGM Resorts International (MGM), Caesars Entertainment (CZR), Churchill Downs (CHDN), Advanced Drainage Systems (WMS), Wynn Resorts (WYNN), Boyd Gaming (BYD), Penn National Gaming (PENN), Monarch Casino & Resort (MCRI) and Isleworth Healthcare Acquisition (ISLE).
View all of IGT's competitors.

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).

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

International Game Technology's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (4.73%), Massachusetts Financial Services Co. MA (3.65%), Boston Partners (3.27%), Lazard Asset Management LLC (3.05%), Bank of New York Mellon Corp (2.47%) and Neuberger Berman Group LLC (1.63%).
View institutional ownership trends for International Game Technology.

IGT stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., UBS Group AG, Renaissance Technologies LLC, Dimensional Fund Advisors LP, 140 Summer Partners LP, American Century Companies Inc., Foundry Partners LLC, and Exchange Traded Concepts LLC.
View insider buying and selling activity for International Game Technology or view top insider-selling stocks.

IGT stock was purchased by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Boston Partners, Invesco Ltd., Capital Research Global Investors, Broad Peak Investment Holdings Ltd., Goldman Sachs Group Inc., Massachusetts Financial Services Co. MA, and Vanguard Group Inc..
View insider buying and selling activity for International Game Technology or or view top insider-buying stocks.

Shares of IGT 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.
Compare Top Brokerages Here.

One share of IGT stock can currently be purchased for approximately $21.24.

International Game Technology (NYSE:IGT) has a market capitalization of $4.33 billion and generates $4.09 billion in revenue each year. The company earns $482 million in net income (profit) each year or $2.279990 on an earnings per share basis.

International Game Technology employs 10,486 workers across the globe.

International Game Technology's mailing address is 66 SEYMOUR STREET SECOND FLOOR MARBLE ARCH HOUSE, LONDON X0, W1H 5BT. The official website for International Game Technology is www.igt.com. The company can be reached via phone at 442075353200, via email at [email protected], or via fax at 44-20-7535-3200.