International Game Technology (IGT) is a global gaming company specializing in the design, development, manufacture, and marketing of casino-style gaming equipment, systems technology, and game content across multiple platforms: land-based, online real-money and social gaming. The Company is a supplier of gaming entertainment products worldwide. IGT operates in two segments: North America and International. North America consists of the Company's operations in the United States and Canada, which comprised 78% of the revenue during the fiscal year ended September 30, 2013 (fiscal 2013). International consists of its operations in all other jurisdictions worldwide, which consists of 22% of the consolidated revenues in fiscal 2013. The Company recognized revenues in three categories, which includes Gaming Operations, Product Sales and Interactive.
Industry, Sector and Symbol:
- Sector: Consumer Discretionary
- Industry: Gaming Activities
- Sub-Industry: Casinos & Gaming
- Symbol: NYSE:IGT
- CUSIP: 45990210
- Web: www.igt.com
Capitalization:- Market Cap: $3.78747 billion
- Outstanding Shares: 202,430,000
Average Prices:- 50 Day Moving Avg: $18.31
- 200 Day Moving Avg: $22.78
- 52 Week Range: $17.25 - $32.07
P/E:- Trailing P/E Ratio: 15.17
- Foreward P/E Ratio: 10.82
- P/E Growth: 1.22
Sales & Book Value:- Annual Revenue: $5.02 billion
- Price / Sales: 0.75
- Book Value: $17.80 per share
- Price / Book: 1.05
Dividend:- Annual Dividend: $0.80
- Dividend Yield: 4.3%
Profitability:- EBIDTA: $1.49 billion
- Net Margins: 4.96%
- Return on Equity: 11.97%
- Return on Assets: 2.73%
Debt:- Debt-to-Equity Ratio: 2.03%
- Current Ratio: 0.83%
- Quick Ratio: 0.71%
Misc:- Average Volume: 1.58 million shs.
- Beta: 1.42
- Short Ratio: 1.59
Frequently Asked Questions for International Game Technology (NYSE:IGT)
What is International Game Technology's stock symbol?
International Game Technology trades on the New York Stock Exchange (NYSE) under the ticker symbol "IGT."
How often does International Game Technology pay dividends? What is the dividend yield for International Game Technology?
International Game Technology declared a quarterly dividend on Thursday, May 25th. Shareholders of record on Thursday, June 8th will be paid a dividend of $0.20 per share on Thursday, June 22nd. This represents a $0.80 dividend on an annualized basis and a yield of 4.28%. The ex-dividend date of this dividend is Tuesday, June 6th. View International Game Technology's Dividend History.
How were International Game Technology's earnings last quarter?
International Game Technology (NYSE:IGT) issued its quarterly earnings results on Thursday, May, 25th. The company reported $0.29 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.48 by $0.19. The business had revenue of $1.15 billion for the quarter, compared to analysts' expectations of $1.18 billion. International Game Technology had a net margin of 4.96% and a return on equity of 11.97%. The company's revenue for the quarter was down 10.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.57 EPS. View International Game Technology's Earnings History.
Where is International Game Technology's stock going? Where will International Game Technology's stock price be in 2017?
4 equities research analysts have issued twelve-month price targets for International Game Technology's stock. Their predictions range from $25.50 to $30.00. On average, they expect International Game Technology's stock price to reach $27.38 in the next year. View Analyst Ratings for International Game Technology.
Who are some of International Game Technology's key competitors?
Some companies that are related to International Game Technology include Live Nation Entertainment (LYV), Mattel (MAT), UbiSoft Entertainment (UBSFY), Leggett & Platt, Incorporated (LEG), Hyatt Hotels Corporation (H), Pearson, PLC (PSO), Gildan Activewear (GIL), Liberty Media Corporation (FWONA), Man Wah Holdings Ltd (MAWHY), China Lodging Group, Limited (HTHT), H&R Block (HRB), Ralph Lauren Corporation (RL), Polaris Industries (PII), SJM Holdings (SJMHF), Michael Kors Holdings Limited (KORS), Dolby Laboratories (DLB), Brunswick Corporation (BC) and HUGO BOSS (BOSSY).
Who owns International Game Technology stock?
International Game Technology's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Peregrine Capital Management LLC (0.56%), Aperio Group LLC (0.05%), Bank of Montreal Can (0.03%), James Investment Research Inc. (0.03%), Meeder Asset Management Inc. (0.01%) and Visionary Asset Management Inc. (0.01%). View Institutional Ownership Trends for International Game Technology.
Who sold International Game Technology stock? Who is selling International Game Technology stock?
Who bought International Game Technology stock? Who is buying International Game Technology stock?
How do I buy International Game Technology stock?
Shares of International Game Technology can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is International Game Technology's stock price today?
One share of International Game Technology stock can currently be purchased for approximately $18.71.
MarketBeat Community Rating for International Game Technology (NYSE IGT)MarketBeat's community ratings are surveys of what our community members think about International Game Technology and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for International Game Technology (NYSE:IGT) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 3 Hold Ratings, 1 Buy Rating |
| Consensus Rating: | Hold (Score: 2.25) |
| Consensus Price Target: | $27.38 (46.31% upside) |
Analysts' Ratings History for International Game Technology (NYSE:IGT)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 5/28/2017 | Bank of America Corporation | Reiterated Rating | Neutral | $22.00 -> $27.00 | Medium |  |
| 5/26/2017 | Telsey Advisory Group | Lower Price Target | Outperform -> Outperform | $31.00 -> $27.00 | Medium | |
| 4/19/2017 | Wells Fargo & Company | Reiterated Rating | Market Perform | $25.50 | Low | |
| 3/24/2017 | Argus | Downgrade | Buy -> Hold | | Low | |
| 6/14/2016 | Macquarie | Initiated Coverage | Outperform | $26.00 | N/A | |
| 5/29/2016 | Sterne Agee CRT | Reiterated Rating | Hold | | N/A | |
| 11/13/2015 | BNP Paribas | Boost Price Target | | $16.00 -> $17.00 | N/A | |
| 8/19/2015 | Goldman Sachs Group, Inc. (The) | Initiated Coverage | Sell | $15.50 | N/A | |
| 8/18/2015 | Union Gaming Research | Initiated Coverage | Buy -> Buy | | N/A | |
(Data available from 7/23/2015 forward)
Earnings History for International Game Technology (NYSE:IGT)Earnings History by Quarter for International Game Technology (NYSE IGT)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 5/25/2017 | Q1 2017 | $0.48 | $0.29 | $1.18 billion | $1.15 billion | View | N/A | |
| 3/9/2017 | Q4 2016 | $0.52 | $0.88 | $1.33 billion | $1.32 billion | View | Listen | |
| 11/21/2016 | Q316 | $0.44 | $0.45 | $1.25 billion | $1.27 billion | View | N/A | |
| 7/28/2016 | Q216 | $0.47 | $0.43 | $1.26 billion | $1.29 billion | View | Listen | |
| 5/26/2016 | Q116 | $0.48 | $0.57 | $1.28 billion | $1.28 billion | View | Listen | |
| 3/17/2016 | Q415 | $0.40 | $0.63 | $1.30 billion | $1.37 billion | View | Listen | |
| 11/12/2015 | Q315 | $0.31 | $0.41 | $1.27 billion | $1.22 billion | View | Listen | |
| 8/11/2015 | Q215 | $0.28 | $0.35 | $1.30 billion | $1.29 billion | View | Listen | |
| 5/13/2015 | Q1 | $0.50 | ($0.14) | $1.23 billion | $1.21 billion | View | Listen | |
| 1/27/2015 | Q115 | $0.25 | $0.19 | $487.60 billion | $450.60 billion | View | N/A | |
| 11/6/2014 | Q414 | $0.30 | $0.37 | $517.20 million | $536.50 million | View | N/A | |
| 7/29/2014 | Q314 | $0.27 | $0.28 | $521.90 million | $467.60 million | View | N/A | |
| 4/22/2014 | Q214 | $0.19 | $0.20 | $498.14 million | $512.80 million | View | Listen | |
| 1/23/2014 | Q114 | $0.30 | $0.25 | $554.29 million | $541.20 million | View | Listen | |
| 11/7/2013 | Q413 | $0.34 | $0.30 | $603.05 million | $632.00 million | View | Listen | |
| 7/23/2013 | Q3 2013 | $0.31 | $0.33 | $584.30 million | $579.00 million | View | Listen | |
| 4/25/2013 | Q2 2013 | $0.30 | $0.36 | $569.93 million | $600.00 million | View | Listen | |
| 1/22/2013 | Q1 2013 | $0.24 | $0.28 | $527.23 million | $530.30 million | View | Listen | |
| 11/8/2012 | Q412 | $0.32 | $0.38 | $588.27 million | $631.10 million | View | N/A | |
| 7/24/2012 | | $0.28 | $0.23 | | | View | N/A | |
| 1/24/2012 | | $0.22 | $0.17 | | | View | N/A | |
| 11/8/2011 | | $0.23 | $0.24 | | | View | N/A | |
| 4/21/2011 | | $0.20 | $0.23 | | | View | N/A | |
| 1/20/2011 | | $0.20 | $0.21 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for International Game Technology (NYSE:IGT)2017 EPS Consensus Estimate: $2.28
2018 EPS Consensus Estimate: $2.48
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.50 | $0.50 | $0.50 |
| Q2 2017 | 1 | $0.56 | $0.56 | $0.56 |
| Q3 2017 | 1 | $0.57 | $0.57 | $0.57 |
| Q4 2017 | 1 | $0.65 | $0.65 | $0.65 |
| Q1 2018 | 1 | $0.58 | $0.58 | $0.58 |
| Q2 2018 | 1 | $0.62 | $0.62 | $0.62 |
| Q3 2018 | 1 | $0.60 | $0.60 | $0.60 |
| Q4 2018 | 1 | $0.68 | $0.68 | $0.68 |
(Data provided by Zacks Investment Research)
Current Dividend Information for International Game Technology (NYSE:IGT)| Most Recent Dividend: | 6/22/2017 |
| Annual Dividend: | $0.80 |
| Dividend Yield: | 4.28% |
| Dividend Growth: | 43.60% (3 Year Average) |
| Payout Ratio: | 65.04% (Trailing 12 Months of Earnings)
50.63% (Based on This Year's Estimates)
46.24% (Based on Next Year's Estimates)
|
| Track Record: | 5 Years of Consecutive Dividend Growth |
Dividend History by Quarter for International Game Technology (NYSE IGT)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 5/25/2017 | quarterly | $0.20 | 4.48% | 6/6/2017 | 6/8/2017 | 6/22/2017 |
| 3/9/2017 | quarterly | $0.20 | 3.38% | 3/21/2017 | 3/23/2017 | 4/6/2017 |
| 11/21/2016 | quarterly | $0.20 | | 12/1/2016 | 12/5/2016 | 12/19/2016 |
| 7/26/2016 | quarterly | $0.20 | | 8/8/2016 | 8/10/2016 | 8/24/2016 |
| 5/26/2016 | quarterly | $0.20 | | 6/7/2016 | 6/9/2016 | 6/23/2016 |
| 3/17/2016 | quarterly | $0.20 | | 3/29/2016 | 3/31/2016 | 4/14/2016 |
| 11/10/2015 | quarterly | $0.20 | | 11/24/2015 | 11/27/2015 | 12/11/2015 |
| 8/11/2015 | | $0.20 | | 8/24/2015 | 8/26/2015 | 9/10/2015 |
| 2/10/2015 | quarterly | $0.11 | 2.57% | 3/4/2015 | 3/6/2015 | 3/20/2015 |
| 11/11/2014 | quarterly | $0.11 | 2.61% | 12/16/2014 | 12/18/2014 | 1/2/2015 |
| 8/20/2014 | quarterly | $0.11 | 2.61% | 9/16/2014 | 9/18/2014 | 10/3/2014 |
| 6/13/2014 | quarterly | $0.11 | 2.81% | 6/26/2014 | 6/27/2014 | 7/11/2014 |
| 3/12/2014 | quarterly | $0.11 | 2.9% | 3/19/2014 | 3/21/2014 | 4/4/2014 |
| 11/15/2013 | quarterly | $0.11 | 2.61% | 12/18/2013 | 12/20/2013 | 1/3/2014 |
| 8/20/2013 | quarterly | $0.10 | 2.1% | 9/17/2013 | 9/19/2013 | 10/4/2013 |
| 6/4/2013 | quarterly | $0.09 | 2.1% | 6/18/2013 | 6/20/2013 | 7/5/2013 |
| 3/4/2013 | quarterly | $0.08 | 1.9% | 3/19/2013 | 3/21/2013 | 4/5/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for International Game Technology (NYSE:IGT)Insider Ownership Percentage: 1.24%
Institutional Ownership Percentage: 39.77%
Insider Trades by Quarter for International Game Technology (NYSE:IGT)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 7/29/2014 | Eric A Berg | COO | Sell | 1,651 | $17.21 | $28,413.71 | |
| 12/17/2013 | Eric Berg | COO | Sell | 4,904 | $17.13 | $84,005.52 | |
| 12/16/2013 | Eric Berg | COO | Sell | 1,182 | $17.57 | $20,767.74 | |
| 8/9/2013 | Robert Melendres | EVP | Sell | 26,000 | $19.24 | $500,240.00 | |
| 8/6/2013 | Eric Tom | EVP | Sell | 2,028 | $19.27 | $39,079.56 | |
| 7/15/2013 | Eric P Tom | EVP | Sell | 1,680 | $18.00 | $30,240.00 | |
| 5/10/2013 | Eric P Tom | EVP | Sell | 35,013 | $18.00 | $630,234.00 | |
| 11/30/2012 | David Earle Roberson | Director | Buy | 12,000 | $13.94 | $167,280.00 | |
| 11/21/2012 | Philip G Satre | Director | Buy | 37,750 | $13.25 | $500,187.50 | |
(Data available from 1/1/2013 forward)
Headline Trends for International Game Technology (NYSE:IGT)
Latest Headlines for International Game Technology (NYSE:IGT)
| Source: |
|
| Date | Headline |
|---|
 | International Game Technology Plc breached its 50 day moving average in a Bullish Manner : IGT-US : July 20, 2017
finance.yahoo.com - July 20 at 11:34 PM |
| IGT Issues 10th Annual Sustainability Report
finance.yahoo.com - July 18 at 10:19 PM |
| IGT Showcases Class II Content for the Top-Performing S3000 Cabinet at OIGA Conference and Trade Show 2017
finance.yahoo.com - July 17 at 8:49 PM |
| IGT Signs Three-Year Contract Extension with the New York Lottery
finance.yahoo.com - July 17 at 8:33 AM |
 | $1.20 Billion in Sales Expected for International Game Technology (IGT) This Quarter
www.americanbankingnews.com - July 14 at 1:44 PM |
| International Game Technology PLC to Report Second Quarter 2017 Results on Tuesday, August 1, 2017
finance.yahoo.com - July 14 at 3:37 AM |
| Zacks: Brokerages Anticipate International Game Technology (IGT) Will Post Earnings of $0.32 Per Share
www.americanbankingnews.com - July 12 at 2:30 PM |
| ETFs with exposure to International Game Technology Plc : June 28, 2017
finance.yahoo.com - June 28 at 7:19 PM |
| IGT Awarded Seven-Year Contract With The West Virginia Lottery To Provide Lottery System, Terminals, Communications Network, And Ongoing Services
finance.yahoo.com - June 22 at 1:17 PM |
| International Game Technology Announces Results Of Tender Offer For Any And All Of Its $500 Million 7.50% Notes Due 2019
finance.yahoo.com - June 19 at 12:26 PM |
| Analysts Expect International Game Technology (IGT) Will Post Quarterly Sales of $1.20 Billion
www.americanbankingnews.com - June 18 at 9:20 AM |
| $0.32 Earnings Per Share Expected for International Game Technology (IGT) This Quarter
www.americanbankingnews.com - June 16 at 2:20 PM |
| International Game Technology Announces Tender Offer For Any And All Of Its $500 Million 7.50% Notes Due 2019
finance.yahoo.com - June 12 at 6:29 PM |
| IGT Signs Cross-Licensing Agreement With Konami Gaming, Inc.
finance.yahoo.com - June 12 at 6:29 PM |
| Head-To-Head Contrast: Scientific Games Corp (SGMS) and International Game Technology (IGT)
www.americanbankingnews.com - June 10 at 6:08 PM |
| International Game Technology (IGT) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - June 9 at 6:48 PM |
| International Game Technology Plc : IGT-US: Dividend Analysis : June 07th, 2017 (record date) : By the numbers : June 7, 2017
finance.yahoo.com - June 7 at 10:11 AM |
| ETFs with exposure to International Game Technology Plc : June 5, 2017
finance.yahoo.com - June 5 at 5:55 PM |
| International Game Technology (IGT) Downgraded by ValuEngine
www.americanbankingnews.com - June 4 at 11:14 AM |
 | International Game Technology About To Put More Money In Your Pocket (IGT)
www.nasdaq.com - June 2 at 7:16 PM |
| IGT Completes Sale Of Double Down Interactive LLC To DoubleU Games
finance.yahoo.com - June 1 at 6:40 PM |
| International Game Technology Plc :IGT-US: Earnings Analysis: Q1, 2017 By the Numbers : May 29, 2017
finance.yahoo.com - May 29 at 9:35 AM |
| International Game Technology (IGT) Receives "Neutral" Rating from Bank of America Corp
www.americanbankingnews.com - May 28 at 12:08 PM |
 | International Game Technology (IGT) Dropped To A 10-Month Low After Q1 Miss
www.rttnews.com - May 26 at 6:34 PM |
| ETFs with exposure to International Game Technology Plc : May 26, 2017
finance.yahoo.com - May 26 at 6:34 PM |
| International Game Technology (IGT) Price Target Cut to $27.00 by Analysts at Telsey Advisory Group
www.americanbankingnews.com - May 26 at 7:37 AM |
| International Game Technology Q1 Earnings Retreat 49%
www.rttnews.com - May 26 at 2:12 AM |
 | International Game Technology PLC Reports First Quarter 2017 Results
www.bizjournals.com - May 26 at 2:12 AM |
 | International Game Technology's (IGT) CEO Marco Sala on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 26 at 2:12 AM |
| International Game Technology (IGT) Is Sinking After Q1 Earnings Miss
www.nasdaq.com - May 26 at 2:12 AM |
| IGT reports 1Q loss
finance.yahoo.com - May 25 at 9:11 PM |
| International Game Tech shares slide 10% premarket after earnings miss
finance.yahoo.com - May 25 at 9:11 PM |
| Why International Game Technology's Shares Plunged 18% Today
finance.yahoo.com - May 25 at 9:11 PM |
| Edited Transcript of IGT earnings conference call or presentation 25-May-17 12:00pm GMT
finance.yahoo.com - May 25 at 9:11 PM |
 | Why International Game Technology, Genesco, and Ensco Slumped Today
www.fool.com - May 25 at 5:32 PM |
| International Game Technology (IGT) to Issue $0.20 Quarterly Dividend
www.americanbankingnews.com - May 25 at 3:17 PM |
| International Game Technology (IGT) Releases Earnings Results, Misses Expectations By $0.18 EPS
www.americanbankingnews.com - May 25 at 8:59 AM |
| International Game Technology (IGT) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - May 15 at 4:40 PM |
| IGT Demonstrates Leadership in Gaming Innovation at G2E Asia 2017
finance.yahoo.com - May 9 at 5:37 PM |
| ETFs with exposure to International Game Technology Plc : May 8, 2017
finance.yahoo.com - May 8 at 5:32 PM |
| International Game Technology PLC to Report First Quarter 2017 Results on Thursday, May 25, 2017
finance.yahoo.com - May 4 at 6:03 PM |
| International Game Technology (IGT) Earning Somewhat Favorable Press Coverage, Analysis Shows
www.americanbankingnews.com - May 4 at 5:14 PM |
| International Game Technology (IGT) Expected to Post Quarterly Sales of $1.19 Billion
www.americanbankingnews.com - April 30 at 8:54 AM |
| International Game Technology (IGT) Expected to Announce Earnings of $0.47 Per Share
www.americanbankingnews.com - April 28 at 6:08 PM |
| International Game Technology (IGT) Receiving Somewhat Positive Media Coverage, Study Finds
www.americanbankingnews.com - April 28 at 1:01 AM |
| International Game Technology (IGT) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - April 27 at 1:07 AM |
| International Game Technology PLC Releases Notice of 2017 Annual General Meeting and 2016 Annual Reports and Accounts
finance.yahoo.com - April 26 at 7:27 PM |
| ETFs with exposure to International Game Technology Plc : April 26, 2017
finance.yahoo.com - April 26 at 7:27 PM |
| International Game Technology Plc :IGT-US: Earnings Analysis: Q4, 2016 By the Numbers : April 25, 2017
finance.yahoo.com - April 25 at 10:45 AM |
| International Game Technology (IGT) Receiving Somewhat Critical Media Coverage, Analysis Finds
www.americanbankingnews.com - April 24 at 6:31 PM |
International Game Technology (IGT) Chart for Sunday, July, 23, 2017
