Top-Rated Dividend Stocks NYSE:IGT International Game Technology - IGT Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding International Game Technology PLC Please log in to your account or sign up in order to add this asset to your watchlist. $24.92 -0.92 (-3.56%) (As of 03/22/2023 12:00 AM ET) Add Compare Share Share Today's Range$24.91▼$25.9050-Day Range$23.10▼$27.2452-Week Range$15.01▼$27.82Volume1.52 million shsAverage Volume1.09 million shsMarket Capitalization$4.96 billionP/E Ratio18.46Dividend Yield3.21%Price Target$37.20 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability International Game Technology MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside49.3% Upside$37.20 Price TargetShort InterestHealthy1.78% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.34Upright™ Environmental ScoreNews Sentiment1.22Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth15.52%From $1.74 to $2.01 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.58 out of 5 starsConsumer Discretionary Sector64th out of 260 stocksMiscellaneous Amusement & Recreation Services Industry4th out of 16 stocks 3.5 Analyst's Opinion Consensus RatingInternational Game Technology has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $37.20, International Game Technology has a forecasted upside of 49.3% from its current price of $24.92.Amount of Analyst CoverageInternational Game Technology has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.78% of the float of International Game Technology has been sold short.Short Interest Ratio / Days to CoverInternational Game Technology has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in International Game Technology has recently increased by 11.76%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldInternational Game Technology pays a meaningful dividend of 3.20%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthInternational Game Technology does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of International Game Technology is 59.26%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, International Game Technology will have a dividend payout ratio of 39.80% next year. This indicates that International Game Technology will be able to sustain or increase its dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreInternational Game Technology has received a -108.24% net impact score from Upright. The largest negative impact of International Game Technology in category "Relationships" seems to be driven mostly by its "Online gambling services", "Betting services", and "Slot machines" products. See details.Environmental SustainabilityThe Environmental Impact score for International Game Technology is -0.34. Previous Next 4.0 News and Social Media Coverage News SentimentInternational Game Technology has a news sentiment score of 1.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.38 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 6 news articles for International Game Technology this week, compared to 3 articles on an average week.Search Interest23 people have searched for IGT on MarketBeat in the last 30 days. This is an increase of 64% compared to the previous 30 days.MarketBeat Follows7 people have added International Game Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 75% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, International Game Technology insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.24% of the stock of International Game Technology is held by insiders.Percentage Held by Institutions44.33% 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for International Game Technology are expected to grow by 15.52% in the coming year, from $1.74 to $2.01 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of International Game Technology is 18.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.06.Price to Earnings Ratio vs. SectorThe P/E ratio of International Game Technology is 18.46, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 13.54.Price to Book Value per Share RatioInternational Game Technology has a P/B Ratio of 2.56. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About International Game Technology (NYSE:IGT) StockInternational Game Technology PLC engages in the designing, manufacturing, and marketing of electronic gaming equipment, software, and network systems. It operates through the Global Lottery, Global Gaming, and Digital & Betting segments. The Global Lottery segment has responsibility for the worldwide traditional lottery and iLottery business, including sales, operations, product development, technology, and support. The Global Gaming segment includes iGaming, sports betting, sales, product management, studios, global manufacturing, operations, and technology. The Digital & Betting segment has full responsibility for the worldwide iGaming and sports betting activities. The company was founded on July 11, 2014 and is headquartered in London, the United Kingdom.Read More Receive IGT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for International Game Technology and its competitors with MarketBeat's FREE daily newsletter. Email Address IGT Stock News HeadlinesMarch 22, 2023 | finance.yahoo.comIGT to Modernize Casino Loyalty Club Prizing via Agreement with Gift & GoMarch 20, 2023 | finance.yahoo.comIGT Grows Cashless Gaming Leadership via Resort Wallet and IGTPay Agreement with Graton Resort & CasinoMarch 22, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!March 17, 2023 | finance.yahoo.comInternational Game Technology Stock Sees Relative Strength Rating Jump To 91March 17, 2023 | finance.yahoo.comInternational Game Technology PLC's (NYSE:IGT) Business Is Trailing The Market But Its Shares Aren'tMarch 16, 2023 | americanbankingnews.comInternational Game Technology (NYSE:IGT) Earns Strong-Buy Rating from Analysts at StockNews.comMarch 10, 2023 | finance.yahoo.comInternational Game Technology PLC (NYSE:IGT) Q4 2022 Earnings Call TranscriptMarch 7, 2023 | seekingalpha.comValuation Disconnect: Analyzing The Investment Opportunity In International Game TechnologyMarch 22, 2023 | Stansberry Research (Ad)The gold catalyst we’ve waited forIf you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. 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March 3, 2023 | finance.yahoo.comInternational Game Technology (NYSE:IGT) Has Affirmed Its Dividend Of $0.20March 2, 2023 | finance.yahoo.comIGT and Ruby Seven Studios Announce Content AgreementMarch 1, 2023 | finance.yahoo.comIGT PlaySports™ Advances Sports Betting in Ohio via BetSkybox AgreementFebruary 28, 2023 | finance.yahoo.comIGT Wins Four Highly Coveted EKG Slot AwardsFebruary 28, 2023 | barrons.comS&P 500 Futures Up in Premarket Trading; Zoom Video Comms, Intl Game Technology LeadFebruary 28, 2023 | finance.yahoo.comInternational Game Technology (IGT) Q4 Earnings and Revenues Surpass EstimatesFebruary 27, 2023 | finance.yahoo.comIGT Improves ESG Score in 2022 S&P Global Corporate Sustainability AssessmentFebruary 22, 2023 | finance.yahoo.comDid International Game Technology PLC (NYSE:IGT) Use Debt To Deliver Its ROE Of 24%?February 16, 2023 | finance.yahoo.comIMAX and Cinema XXI Expand Partnership in Indonesian MarketFebruary 15, 2023 | thestreet.comInternational Game Technology Stock Gaps Down On Today's Open (IGT)February 13, 2023 | finance.yahoo.comIGT Grows Sports Betting Footprint in Nevada via Retail and Mobile Sports Betting Agreement with BetfredFebruary 9, 2023 | finance.yahoo.comIGT Wins Top Honors in Multiple Award Programs at ICE London 2023February 7, 2023 | finance.yahoo.comInternational Game Technology PLC to Host Fourth Quarter and Full Year 2022 Results Conference Call on Tuesday, February 28, 2023February 2, 2023 | finance.yahoo.comINTERNATIONAL GAME TECHNOLOGY PLC ANNOUNCES BB+ LONG-TERM ISSUER RATING FROM FITCHJanuary 30, 2023 | finance.yahoo.comIGT Achieves Improved Score by Global Environmental Non-Profit CDP for Environmental PerformanceJanuary 27, 2023 | finance.yahoo.com4 Top Stocks to Benefit as Inflation is on the WaneJanuary 24, 2023 | msn.comInternational Game Technology is called a casino sector winner by ArgusJanuary 18, 2023 | finance.yahoo.comIGT and Greentube Sign Patent Cross-Licensing Agreement for Remote Game ServerSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive IGT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for International Game Technology and its competitors with MarketBeat's FREE daily newsletter. Email Address IGT Company Calendar Last Earnings2/28/2023Ex-Dividend for 3/28 Dividend3/13/2023Today3/22/2023Dividend Payable3/28/2023Next Earnings (Estimated)5/09/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Miscellaneous amusement & recreation services Sub-IndustryCasinos & Gaming SectorConsumer Discretionary Current SymbolNYSE:IGT CUSIP45990210 CIK1619762 Webwww.igt.com Phone444013921000Fax44-20-7535-3200Employees10,786Year FoundedN/APrice Target and Rating Average Stock Price Forecast$37.20 High Stock Price Forecast$66.00 Low Stock Price Forecast$26.00 Forecasted Upside/Downside+45.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$1.35 Trailing P/E Ratio18.99 Forward P/E Ratio14.74 P/E GrowthN/ANet Income$275 million Net Margins6.51% Pretax Margin13.94% Return on Equity27.89% Return on Assets5.04% Debt Debt-to-Equity Ratio2.88 Current Ratio1.15 Quick Ratio1.02 Sales & Book Value Annual Sales$4.23 billion Price / Sales1.21 Cash Flow$5.56 per share Price / Cash Flow4.61 Book Value$9.72 per share Price / Book2.64Miscellaneous Outstanding Shares199,080,000Free Float196,610,000Market Cap$5.10 billion OptionableOptionable Beta1.85 Key ExecutivesVincent L. SaduskyChief Executive Officer & Executive DirectorMax ChiaraChief Financial Officer, Director & Executive VPChristopher C. SpearsExecutive Vice President & General CounselTimothy RishtonChief Accounting Officer & Senior Vice PresidentPierfrancesco BocciaSecretary & Senior Vice PresidentKey CompetitorsMadison Square Garden SportsNYSE:MSGSSeaWorld EntertainmentNYSE:SEASCedar FairNYSE:FUNSix Flags EntertainmentNYSE:SIXSuper GroupNYSE:SGHCView All CompetitorsInstitutional OwnershipVictory Capital Management Inc.Sold 33,439 shares on 3/10/2023Ownership: 0.443%Voya Investment Management LLCSold 189,106 shares on 2/28/2023Ownership: 0.108%Parallax Volatility Advisers L.P.Bought 60,400 shares on 2/27/2023Ownership: 0.000%Macquarie Group Ltd.Sold 67,276 shares on 2/21/2023Ownership: 0.072%Alliancebernstein L.P.Sold 16,500 shares on 2/16/2023Ownership: 0.058%View All Institutional Transactions IGT Stock - Frequently Asked Questions Should I buy or sell International Game Technology stock right now? 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" IGT shares. View IGT analyst ratings or view top-rated stocks. What is International Game Technology's stock price forecast for 2023? 5 analysts have issued 1 year price targets for International Game Technology's shares. Their IGT share price forecasts range from $26.00 to $66.00. On average, they expect the company's stock price to reach $37.20 in the next twelve months. This suggests a possible upside of 45.1% 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 2023? International Game Technology's stock was trading at $22.68 on January 1st, 2023. Since then, IGT stock has increased by 13.1% and is now trading at $25.64. View the best growth stocks for 2023 here. Are investors shorting International Game Technology? International Game Technology saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 1,900,000 shares, an increase of 11.8% from the February 13th total of 1,700,000 shares. Based on an average daily trading volume, of 1,060,000 shares, the short-interest ratio is currently 1.8 days. Approximately 1.8% of the shares of the 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 9th 2023. View our IGT earnings forecast. How were International Game Technology's earnings last quarter? International Game Technology PLC (NYSE:IGT) posted its quarterly earnings results on Tuesday, February, 28th. The company reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.07. The company earned $1.09 billion during the quarter, compared to analysts' expectations of $1.03 billion. International Game Technology had a net margin of 6.51% and a trailing twelve-month return on equity of 27.89%. The business's quarterly revenue was up 4.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.09 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, February 28th. Stockholders of record on Tuesday, March 14th will be given a dividend of $0.20 per share on Tuesday, March 28th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.12%. The ex-dividend date is Monday, March 13th. Read our dividend analysis for IGT. What ETFs hold International Game Technology's stock? ETFs with the largest weight of International Game Technology (NYSE:IGT) stock in their portfolio include AdvisorShares Vice ETF (VICE), Roundhill Sports Betting & iGaming ETF (BETZ), Invesco Dynamic Leisure and Entertainment ETF (PEJ), B.A.D. Etf (BAD), iBET Sports Betting & Gaming ETF (IBET), VanEck Gaming ETF (BJK), FlexShares Quality Dividend Index Fund (QDF) and FlexShares Quality Dividend Dynamic Index Fund (QDYN). 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 3.20%. The dividend payout ratio is 59.26%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IGT will have a dividend payout ratio of 39.80% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for IGT. What guidance has International Game Technology issued on next quarter's earnings? International Game Technology issued an update on its first quarter 2023 earnings guidance on Tuesday, February, 28th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.00 billion-$1.00 billion, compared to the consensus revenue estimate of $1.02 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). What is International Game Technology's stock symbol? International Game Technology trades on the New York Stock Exchange (NYSE) under the ticker symbol "IGT." Who are International Game Technology's major shareholders? International Game Technology's stock is owned by many different institutional and retail investors. Top institutional investors include Lazard Asset Management LLC (3.82%), Boston Partners (3.45%), Neuberger Berman Group LLC (1.95%), Vaughan Nelson Investment Management L.P. (0.91%), Two Sigma Advisers LP (0.77%) and Amundi (0.60%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is International Game Technology's stock price today? One share of IGT stock can currently be purchased for approximately $25.64. How much money does International Game Technology make? International Game Technology (NYSE:IGT) has a market capitalization of $5.10 billion and generates $4.23 billion in revenue each year. The company earns $275 million in net income (profit) each year or $1.35 on an earnings per share basis. How many employees does International Game Technology have? The company employs 10,786 workers across the globe. How can I contact International Game Technology? International Game Technology's mailing address is 66 SEYMOUR STREET SECOND FLOOR MARBLE ARCH HOUSE, LONDON X0, W1H 5BT. The official website for the company is www.igt.com. The company can be reached via phone at 444013921000, via email at investor_relations@igt.com, or via fax at 44-20-7535-3200. This page (NYSE:IGT) was last updated on 3/22/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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