International Game Technology Stock Forecast, Price & News

International Game Technology's stock was trading at $6.73 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, IGT stock has increased by 85.7% and is now trading at $12.50.
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8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for International Game Technology in the last year. There are currently 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for International Game Technology.

Wall Street analysts have given International Game Technology a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but International Game Technology wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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International Game Technology is scheduled to release its next quarterly earnings announcement on Tuesday, March 2nd 2021.
View our earnings forecast for International Game Technology.

International Game Technology PLC (NYSE:IGT) announced its quarterly earnings results on Monday, November, 16th. The company reported $0.26 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.16) by $0.42. The company had revenue of $981.51 million for the quarter, compared to analysts' expectations of $801.03 million. International Game Technology had a negative net margin of 14.86% and a positive return on equity of 0.04%. The company's quarterly revenue was down 14.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.21 EPS.
View International Game Technology's earnings history.

International Game Technology declared a quarterly dividend on Wednesday, February 26th. Investors of record on Tuesday, March 17th will be given a dividend of $0.20 per share on Tuesday, March 31st. This represents a $0.80 annualized dividend and a yield of 6.40%. The ex-dividend date of this dividend is Monday, March 16th.
View International Game Technology's dividend history.

8 brokers have issued 12 month price objectives for International Game Technology's shares. Their forecasts range from $8.20 to $18.00. On average, they anticipate International Game Technology's share price to reach $14.31 in the next twelve months. This suggests a possible upside of 14.5% from the stock's current price.
View analysts' price targets for International Game Technology.

International Game Technology saw a increase in short interest during the month of October. As of October 15th, there was short interest totaling 4,230,000 shares, an increase of 26.3% from the September 30th total of 3,350,000 shares. Based on an average trading volume of 2,270,000 shares, the short-interest ratio is currently 1.9 days. Approximately 4.3% of the shares of the stock are sold short.
View International Game Technology's Short Interest.

Some companies that are related to International Game Technology include Las Vegas Sands (LVS), MGM Resorts International (MGM), Penn National Gaming (PENN), Caesars Entertainment (CZR), Wynn Resorts (WYNN), Churchill Downs (CHDN), Advanced Drainage Systems (WMS), Boyd Gaming (BYD), Scientific Games (SGMS) and Monarch Casino & Resort (MCRI).
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Based on aggregate information from My MarketBeat watchlists, some companies that other International Game Technology investors own include AT&T (T), The 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 variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.51%), Boston Partners (3.71%), State Street Corp (0.94%), Peregrine Capital Management LLC (0.89%), Arrowstreet Capital Limited Partnership (0.81%) and Neuberger Berman Group LLC (0.62%).
View institutional ownership trends for International Game Technology.

IGT stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Boston Partners, Morgan Stanley, Peregrine Capital Management LLC, Wells Fargo & Company MN, State Street Corp, Mittleman Investment Management LLC, and JPMorgan Chase & Co..
View insider buying and selling activity for International Game Technology.

IGT stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Contrarius Investment Management Ltd, Bank Julius Baer & Co. Ltd Zurich, Caas Capital Management LP, Neuberger Berman Group LLC, Sanders Morris Harris LLC, Jefferies Group LLC, and Arrowstreet Capital Limited Partnership.
View insider buying and selling activity for International Game Technology.

Shares of IGT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of IGT stock can currently be purchased for approximately $12.50.

International Game Technology has a market capitalization of $2.55 billion and generates $4.79 billion in revenue each year. The company earns $-19,020,000.00 in net income (profit) each year or $1.08 on an earnings per share basis. International Game Technology employs 12,000 workers across the globe.

The official website for International Game Technology is www.igt.com.

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