ING Groep (ING) Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ING Groep in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ING shares.
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6 Wall Street research analysts have issued 12-month price targets for ING Groep's shares. Their ING share price forecasts range from $12.50 to $16.00. On average, they anticipate the company's share price to reach $14.39 in the next twelve months. This suggests a possible upside of 11.3% from the stock's current price.
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ING Groep's stock was trading at $12.17 at the beginning of the year. Since then, ING stock has increased by 6.2% and is now trading at $12.93.
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ING Groep saw a increase in short interest in April. As of April 30th, there was short interest totaling 3,380,000 shares, an increase of 7.6% from the April 15th total of 3,140,000 shares. Based on an average trading volume of 4,450,000 shares, the short-interest ratio is currently 0.8 days. Approximately 0.1% of the company's stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our ING earnings forecast.

ING Groep (NYSE:ING) released its quarterly earnings results on Thursday, May, 6th. The financial services provider reported $0.31 EPS for the quarter, topping the consensus estimate of $0.25 by $0.06. The financial services provider had revenue of $5.67 billion for the quarter, compared to analyst estimates of $5.41 billion. ING Groep had a net margin of 24.83% and a trailing twelve-month return on equity of 8.62%.
Read the conference call transcript.

ING Groep declared a semi-annual dividend on Friday, March 10th. Stockholders of record on Thursday, April 27th will be paid a dividend of $0.4101 per share on Friday, May 12th. This represents a dividend yield of 4.6%. The ex-dividend date of this dividend is Wednesday, April 26th. This is a positive change from the stock's previous semi-annual dividend of $0.07.
Read our dividend analysis for ING.

ETFs with the largest weight of ING Groep (NYSE:ING) stock in their portfolio include AdvisorShares Dorsey Wright ADR ETF (AADR), Pacer Trendpilot European Index ETF (PTEU), First Trust Indxx Innovative Transaction & Process ETF (LEGR), Gabelli Love Our Planet & People ETF (LOPP), Avantis Responsible International Equity ETF (AVSD), Avantis International Equity ETF (AVDE) and Pacer Trendpilot International ETF (PTIN).Avantis International Large Cap Value ETF (AVIV).

ING Groep (NYSE:ING) pays an annual dividend of $0.73 per share and currently has a dividend yield of 5.64%. ING has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 53.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ING will have a dividend payout ratio of 33.80% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ING.

470 employees have rated ING Groep Chief Executive Officer Ralph Hamers on Glassdoor.com. Ralph Hamers has an approval rating of 86% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other ING Groep investors own include AT&T (T), Pfizer (PFE), Bank of America (BAC), Gilead Sciences (GILD), Verizon Communications (VZ), Cisco Systems (CSCO), General Electric (GE), Johnson & Johnson (JNJ), Wells Fargo & Company (WFC) and

ING Groep trades on the New York Stock Exchange (NYSE) under the ticker symbol "ING."

ING Groep's stock is owned by a variety of retail and institutional investors. Top institutional investors include Fisher Asset Management LLC (1.48%), Envestnet Asset Management Inc. (0.22%), Aristotle Capital Management LLC (0.19%), Bank of America Corp DE (0.18%), FMR LLC (0.12%) and BlackRock Inc. (0.08%).

Shares of ING 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.
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One share of ING stock can currently be purchased for approximately $12.93.

ING Groep (NYSE:ING) has a market capitalization of $48.18 billion and generates $19.56 billion in revenue each year. The financial services provider earns $12.78 billion in net income (profit) each year or $1.37 on an earnings per share basis.

The company employs 57,569 workers across the globe.

ING Groep's mailing address is Bijlmerdreef 106, Amsterdam Am, 1102 CT. The official website for the company is www.ing.com. The financial services provider can be reached via phone at (120) 563-9111 or via email at mark.milders@ing.com.