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: $4.76926 billion
- Outstanding Shares: 202,945,000
Average Prices:- 50 Day Moving Avg: $20.52
- 200 Day Moving Avg: $20.79
- 52 Week Range: $17.25 - $32.07
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 16.29
- P/E Growth: 1.96
Sales & Book Value:- Annual Revenue: $4.96 billion
- Price / Sales: 0.96
- Book Value: $16.93 per share
- Price / Book: 1.39
Dividend:- Annual Dividend: $0.80
- Dividend Yield: 3.4%
Profitability:- EBIDTA: $1.45 billion
- Net Margins: -2.28%
- Return on Equity: 10.35%
- Return on Assets: 2.41%
Debt:- Debt-to-Equity Ratio: 2.02%
- Current Ratio: 0.85%
- Quick Ratio: 0.71%
Misc:- Average Volume: 1.81 million shs.
- Beta: 1.41
- Short Ratio: 1.77
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 announced a quarterly dividend on Tuesday, August 1st. Investors of record on Friday, August 11th will be given a dividend of $0.20 per share on Thursday, August 24th. This represents a $0.80 dividend on an annualized basis and a yield of 3.41%. The ex-dividend date is Wednesday, August 9th. View International Game Technology's Dividend History.
How were International Game Technology's earnings last quarter?
International Game Technology (NYSE:IGT) announced its earnings results on Tuesday, August, 1st. The company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.32 by $0.17. The company earned $1.22 billion during the quarter, compared to the consensus estimate of $1.20 billion. International Game Technology had a positive return on equity of 10.35% and a negative net margin of 2.28%. The business's revenue was down 5.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.43 earnings per share. View International Game Technology's Earnings History.
When will International Game Technology make its next earnings announcement?
Where is International Game Technology's stock going? Where will International Game Technology's stock price be in 2017?
4 brokerages have issued 12 month price targets for International Game Technology's stock. Their forecasts range from $25.50 to $30.00. On average, they expect International Game Technology's share price to reach $27.50 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 Vail Resorts (MTN), Itv Plc. (ITVPY), Live Nation Entertainment (LYV), Hanesbrands (HBI), Snap-On Incorporated (SNA), China Lodging Group, Limited (HTHT), Discovery Communications (DISCB), Discovery Communications (DISCA), Liberty Media Corporation (FWONK), lululemon athletica inc. (LULU), Liberty Media Corporation (FWONA), News Corporation (NWS), Discovery Communications (DISCK), UbiSoft Entertainment (UBSFY), Hyatt Hotels Corporation (H), News Corporation (NWSA), Under Armour (UAA) and Ralph Lauren Corporation (RL).
Who owns International Game Technology stock?
International Game Technology's stock is owned by a number of of retail and institutional investors. Top institutional investors include Acadian Asset Management LLC (2.36%), Goldman Sachs Group Inc. (2.11%), Renaissance Technologies LLC (1.38%), Vanguard Group Inc. (1.28%), JPMorgan Chase & Co. (1.22%) and Dimensional Fund Advisors LP (0.95%). View Institutional Ownership Trends for International Game Technology.
Who sold International Game Technology stock? Who is selling International Game Technology stock?
International Game Technology's stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, FMR LLC, Russell Investments Group Ltd., JPMorgan Chase & Co., Prudential Financial Inc., Nationwide Fund Advisors, Boston Advisors LLC and Ameriprise Financial Inc.. View Insider Buying and Selling for International Game Technology.
Who bought International Game Technology stock? Who is buying International Game Technology stock?
International Game Technology's stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Peregrine Capital Management LLC, Goldman Sachs Group Inc., Vanguard Group Inc., UBS Oconnor LLC, Gamco Investors INC. ET AL, Marshall Wace North America L.P. and Engineers Gate Manager LP. View Insider Buying and Selling for International Game Technology.
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 $23.46.
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: | 2 Hold Ratings, 2 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.50) |
| Consensus Price Target: | $27.50 (17.22% upside) |
Analysts' Ratings History for International Game Technology (NYSE:IGT)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 9/20/2017 | Bank of America Corporation | Upgrade | Neutral -> Buy | $24.00 -> $30.00 | High |  |
| 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 | |
(Data available from 9/23/2015 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 |
|---|
| 11/20/2017 | | $0.25 | | | | | N/A | |
| 8/1/2017 | Q2 2017 | $0.32 | $0.15 | $1.20 billion | $1.22 billion | View | Listen | |
| 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: | 8/24/2017 |
| Annual Dividend: | $0.80 |
| Dividend Yield: | 3.41% |
| Dividend Growth: | 43.60% (3 Year Average) |
| Payout Ratio: | -142.86% (Trailing 12 Months of Earnings)
69.57% (Based on This Year's Estimates)
55.56% (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 |
|---|
| 8/1/2017 | Quarterly | $0.20 | 3.99% | 8/9/2017 | 8/11/2017 | 8/24/2017 |
| 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: 39.01%
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 (IGT) Raised to "Buy" at Bank of America Corporation
www.americanbankingnews.com - September 21 at 12:38 AM |
 | BRIEF-IGT signs cross-licensing agreement with AGS
www.reuters.com - September 20 at 9:12 PM |
 | IGT Signs Cross-Licensing Agreement With AGS
finance.yahoo.com - September 20 at 9:11 PM |
 | Success story: IGT lowers fleet fuel consumption and accident rate with connected fleet management system
www.bizjournals.com - September 19 at 12:20 AM |
 | Noteworthy Friday Option Activity: IGT, ABEO, TRUE - Nasdaq
www.nasdaq.com - September 16 at 1:34 AM |
 | Actiance Appoints Leo Haasbroek as SVP Global Services as Company Continues to Scale and Grow Globally
www.prnewswire.com - September 14 at 6:21 AM |
| International Game Technology Plc : IGT-US: Dividend Analysis : August 11th, 2017 (record date) : By the numbers : September 12, 2017
finance.yahoo.com - September 13 at 2:25 AM |
| International Game Technology (IGT) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - September 13 at 12:52 AM |
| $1.16 Billion in Sales Expected for International Game Technology (IGT) This Quarter
www.americanbankingnews.com - September 11 at 5:48 AM |
| IGT Unveils New Product Ecosystem at NASPL 2017, Sept. 13 - 16 in Portland, Oregon
finance.yahoo.com - September 6 at 7:43 PM |
| International Game Technology (IGT) Lifted to "Buy" at ValuEngine
www.americanbankingnews.com - September 3 at 9:00 AM |
| ETFs with exposure to International Game Technology Plc : August 29, 2017
finance.yahoo.com - August 30 at 1:06 AM |
| International Game Technology Plc :IGT-US: Earnings Analysis: Q2, 2017 By the Numbers : August 23, 2017
finance.yahoo.com - August 24 at 7:51 AM |
| International Game Technology (IGT) Expected to Announce Earnings of $0.25 Per Share
www.americanbankingnews.com - August 22 at 2:10 AM |
| International Game Technology (IGT) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - August 19 at 12:50 AM |
| IGT Megabucks Awards $11.8 Million Jackpot at Fremont Hotel & Casino in Las Vegas
finance.yahoo.com - August 14 at 10:13 PM |
| See what the IHS Markit Score report has to say about International Game Technology PLC.
finance.yahoo.com - August 12 at 6:52 PM |
| IHS Markit Score Update: Drop in demand for ETFs holding International Game Technology PLC is a negative sign for its shares
finance.yahoo.com - August 11 at 3:39 AM |
 | International Game Technology goes ex-dividend tomorrow
seekingalpha.com - August 9 at 12:30 AM |
| International Game Technology (IGT) Ex-Dividend Date Scheduled for August 09, 2017 - Nasdaq
www.nasdaq.com - August 8 at 7:29 PM |
 | Blue Apron, Philip Morris, Honeywell, Becton Dickinson: 'Mad Money' Lightning Round - TheStreet.com
www.thestreet.com - August 8 at 5:17 AM |
| Cramer's lightning round: Don't sell this tobacco stock despite the new restrictions
finance.yahoo.com - August 7 at 7:14 PM |
| Cramer's lightning round: Don't sell this tobacco stock d...
finance.yahoo.com - August 7 at 7:14 PM |
| Brokerages Expect International Game Technology (NYSE:IGT) Will Post Quarterly Sales of $1.19 Billion
www.americanbankingnews.com - August 5 at 7:08 AM |
| International Game Technology Plc – Value Analysis (NYSE:IGT) : August 4, 2017
finance.yahoo.com - August 4 at 12:59 AM |
| $0.42 Earnings Per Share Expected for International Game Technology (NYSE:IGT) This Quarter
www.americanbankingnews.com - August 3 at 8:28 PM |
| International Game Technology Declares Quarterly Dividend of $0.20 (IGT)
www.americanbankingnews.com - August 2 at 11:18 AM |
| International Game Technology misses by $0.17, beats on revenue
seekingalpha.com - August 2 at 1:27 AM |
| Investor Network: International Game Technology PLC to Host Earnings Call
finance.yahoo.com - August 1 at 8:25 PM |
| International Game Technology PLC Reports Second Quarter 2017 Results
finance.yahoo.com - August 1 at 8:25 PM |
| Edited Transcript of IGT earnings conference call or presentation 1-Aug-17 12:00pm GMT
finance.yahoo.com - August 1 at 8:25 PM |
| Why Lumber Liquidators Holdings, Sprint, and International Game Technology Jumped Today
finance.yahoo.com - August 1 at 8:25 PM |
 | IGT reports 2Q loss
www.cnbc.com - August 1 at 3:23 PM |
| International Game Technology's (IGT) CEO Marco Sala on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 1 at 3:23 PM |
 | Why International Game Technology Shares Popped Today
www.fool.com - August 1 at 2:19 PM |
| International Game Technology (NYSE:IGT) Issues Quarterly Earnings Results
www.americanbankingnews.com - August 1 at 10:54 AM |
 | BRIEF-IGT announces new term loan facility and amendment to multicurrency revolving credit facilities
www.businessinsider.com - July 28 at 11:04 PM |
| International Game Technology (NYSE:IGT) Scheduled to Post Earnings on Tuesday
www.americanbankingnews.com - July 27 at 12:15 PM |
| IGT Announces New Term Loan Facility And Amendment To Multicurrency Revolving Credit Facilities
finance.yahoo.com - July 26 at 4:18 PM |
| International Game Technology (NYSE:IGT) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - July 25 at 12:50 AM |
| 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 |
International Game Technology (IGT) Chart for Saturday, September, 23, 2017
