NYSE:ING

ING Groep - ING Stock Forecast, Price & News

$11.87

-0.17 (-1.41%)

(As of 11/28/2022 01:40 PM ET)

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Today's Range: $11.86
▼
$12.03
50-Day Range: $8.39
▼
$12.04
52-Week Range: $8.14
▼
$15.97

Volume: 247,008 shs
Average Volume: 5.92 million shs
Market Capitalization: $46.30 billion

P/E Ratio: 11.75
Dividend Yield: 2.41%
Price Target: $13.87

ING Groep MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 16.2% Upside
$13.87 Price Target
Short Interest: Healthy
0.10% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.16
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 44.76%
From $1.05 to $1.52 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.69 out of 5 stars

Finance Sector

185th out of 894 stocks

Commercial Banks, Not Elsewhere Classified Industry

7th out of 36 stocks

2.4

Analyst's Opinion

Consensus Rating
ING Groep has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 6 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $13.87, ING Groep has a forecasted upside of 16.2% from its current price of $11.93.
Amount of Analyst Coverage
ING Groep has only been the subject of 4 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.10% of the float of ING Groep has been sold short.
Short Interest Ratio / Days to Cover
ING Groep has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in ING Groep has recently increased by 42.28%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
ING Groep pays a meaningful dividend of 2.41%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
ING Groep does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of ING Groep is 28.71%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, ING Groep will have a dividend payout ratio of 19.08% next year. This indicates that ING Groep will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ING.

1.6

News and Social Media Coverage

News Sentiment
ING Groep has a news sentiment score of -0.16. 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 lower news sentiment than the 0.80 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for ING Groep this week, compared to 3 articles on an average week.
Search Interest
20 people have searched for ING on MarketBeat in the last 30 days. This is an increase of 82% compared to the previous 30 days.
MarketBeat Follows
Only 6 people have added ING Groep to their MarketBeat watchlist in the last 30 days. This is a decrease of -45% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, ING Groep insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 4.39% of the stock of ING Groep is held by institutions.

5.0

Earnings and Valuation

Earnings Growth
Earnings for ING Groep are expected to grow by 44.76% in the coming year, from $1.05 to $1.52 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of ING Groep is 11.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.04.
Price to Earnings Ratio vs. Sector
The P/E ratio of ING Groep is 11.81, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 169.10.
Price to Earnings Growth Ratio
ING Groep has a PEG Ratio of 0.85. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
ING Groep has a P/B Ratio of 0.75. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About ING Groep (NYSE:ING) Stock

ING Groep N.V., a financial institution, provides various banking products and services in the Netherlands, Belgium, Germany, Poland, Rest of Europe, North America, Latin America, Asia, and Australia. It operates in six segments: Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, Wholesale Banking, and Corporate Line Banking. The company accepts various deposits, such as current and savings accounts; and offers business lending products, as well as consumer lending products, such as residential mortgage loans, term loans, and revolver and personal loans. It also provides debt capital market, working capital, export finance, daily banking, treasury and risk, and corporate finance solutions; and specialized lending, equity market, finance, payments and cash management, and trade services and solutions, as well as savings, investment, insurance, mortgage, and digital banking services. The company serves customers, corporate clients, and financial institutions, including small and medium-sized, and mid-corporates. ING Groep N.V. was founded in 1762 and is headquartered in Amsterdam, the Netherlands.

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ING Stock News Headlines

November 22, 2022 | finance.yahoo.com

Oil Steadies as Traders Look to Price-Cap Plan, Demand in China

November 20, 2022 | americanbankingnews.com

Morgan Stanley Increases ING Groep (NYSE:ING) Price Target to €16.00

November 20, 2022 | americanbankingnews.com

ING Groep (NYSE:ING) Receives Consensus Recommendation of "Moderate Buy" from Analysts

November 18, 2022 | seekingalpha.com

Voya: Enhanced Risk Profile Warrants A Higher Valuation

November 18, 2022 | americanbankingnews.com

ING Groep (NYSE:ING) Sees Strong Trading Volume

November 4, 2022 | finance.yahoo.com

ING Groep N.V.: ING's Higher NII Guidance and Share Buybacks Drive 20% FVE Increase

November 4, 2022 | finance.yahoo.com

ING Groep N.V.: ING's Higher NII Guidance and Share Buybacks Drive 20% Increase in Our FVE

November 3, 2022 | marketwatch.com

ING 3Q Net Pft EUR979M

November 3, 2022 | reuters.com

ING Groep launches $1.5 bln buyback despite Q3 pre-tax profit slump

November 3, 2022 | finance.yahoo.com

ING Groep (AMS:INGA) investors are sitting on a loss of 19% if they invested five years ago

November 3, 2022 | marketwatch.com

ING 3Q Net Profit Fell on Poland Mortgage Hit; Launches EUR1.5 Bln Buyback -- Update

November 3, 2022 | reuters.com

ING Group reports Q3 pre-tax profit of 1.38 bln euros

November 3, 2022 | bloomberg.com

ING Plans €1.5 Billion Buyback After One-Off Charges Hit Profit

November 3, 2022 | marketwatch.com

ING announces $1.47 billion buyback program as earnings, revenue fall short of forecasts

November 3, 2022 | money.usnews.com

ING Groep Launches $1.5 Billion Buyback After Q3 Pre-Tax Profit Slumps

November 2, 2022 | msn.com

Earnings Outlook For ING Groep

October 25, 2022 | nz.finance.yahoo.com

Xi Starts Third Term With GDP Showing China Economy in Doldrums

October 19, 2022 | markets.businessinsider.com

Greif signs its first sustainable financing agreement; receives best-in-industry MSCI ESG rating

October 14, 2022 | msn.com

Analysis: ECB 'QT' may be next challenge for tumultuous markets

October 13, 2022 | finance.yahoo.com

Oil Heads for Weekly Decline as Traders Gauge Risks of Recession

October 11, 2022 | finance.yahoo.com

‘Fire Sale’ Risk in Bonds Pushes BOE to Step Up Measures

October 10, 2022 | seekingalpha.com

ING Groep Sees A Lower Dividend But Large Buyback

October 7, 2022 | finance.yahoo.com

London Metal Exchange Floats Russian Metal Ban

October 7, 2022 | finance.yahoo.com

10 Best European Stocks to Buy Now

September 29, 2022 | reuters.com

UK bond liquidity barely improves after BoE intervention - ING

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30 days | 90 days | 365 days | Advanced Chart

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ING Company Calendar

Last Earnings: 5/06/2021
Today: 11/28/2022
Fiscal Year End: 12/31/2022
Next Earnings (Estimated): 2/02/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Commercial banks, not elsewhere classified
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:ING
CUSIP: N/A
CIK: 1039765
Web: www.ing.com
Phone: (120) 563-9111
Fax: N/A
Employees: 57,660
Year Founded: 1991

Price Target and Rating

Average Stock Price Forecast: $13.87
High Stock Price Forecast: $16.00
Low Stock Price Forecast: $11.50
Forecasted Upside/Downside: +16.8%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.01
Trailing P/E Ratio: 11.75
Forward P/E Ratio: 11.30
P/E Growth: 0.85
Net Income: $7.04 billion
Net Margins: 19.14%
Pretax Margin: N/A
Return on Equity: 6.29%
Return on Assets: 0.34%

Debt

Debt-to-Equity Ratio: 1.65
Current Ratio: 1.09
Quick Ratio: 1.10

Sales & Book Value

Annual Sales: $21.88 billion
Price / Sales: 2.12
Cash Flow: $1.68 per share
Price / Cash Flow: 7.08
Book Value: $16.01 per share
Price / Book: 0.74

Miscellaneous

Outstanding Shares: 3,900,669,000
Free Float: N/A
Market Cap: $46.30 billion
Optionable: Optionable
Beta: 1.56

Social Links

Key Executives

Mr. Steven J. A. van Rijswijk (Age 52)
CEO and Chairman of the Exec. Board & Management Board Banking
Comp: $2.54M

Mr. Tanate Phutrakul (Age 57)
CFO and Member of the Exec. Board & Management Board Banking
Comp: $1.77M

Ms. Ljiljana Cortan (Age 51)
Chief Risk Officer and Member of the Exec. Board & Management Board Banking
Comp: $1.73M

Mr. Aris Bogdaneris B.A. (Age 59)
B.Sc, B.Sc., M.A., Head of Retail, Challengers & Growth Markets and Member of the Exec. Board & Mgmt. Board Banking

Ms. Pinar Abay (Age 45)
Head of Market Leaders and Member of the Exec. Board & Management Board Banking

Mr. Andrew John Milton Bester (Age 57)
Head of Wholesale Banking and Member of the Exec. Board & Management Board Banking

Mr. Ron van Kemenade (Age 57)
Chief Technology Officer and Member of the Exec. Board & Management Board Banking

Mr. Marnix van Stiphout (Age 52)
COO, Chief Transformation Officer and Member of the Exec. Board & Management Board Banking

Mr. Erwin H. M. Olijslager
Principal Accounting Officer

Mr. Han-Tsung Ho
Exec. Director

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ING Stock - Frequently Asked Questions

Should I buy or sell ING Groep stock right now?: 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ING Groep in the last twelve months. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ING shares.
View ING analyst ratings or view top-rated stocks.
What is ING Groep's stock price forecast for 2023?: 8 equities research analysts have issued twelve-month target prices for ING Groep's shares. Their ING share price forecasts range from $11.50 to $16.00. On average, they anticipate the company's stock price to reach $13.87 in the next year. This suggests a possible upside of 15.2% from the stock's current price.
View analysts price targets for ING or view top-rated stocks among Wall Street analysts.
How have ING shares performed in 2022?: ING Groep's stock was trading at $13.92 at the beginning of the year. Since then, ING stock has decreased by 13.5% and is now trading at $12.04.
View the best growth stocks for 2022 here.
Are investors shorting ING Groep?: ING Groep saw a increase in short interest in October. As of October 31st, there was short interest totaling 2,460,000 shares, an increase of 92.2% from the October 15th total of 1,280,000 shares. Based on an average daily volume of 5,130,000 shares, the short-interest ratio is presently 0.5 days. Currently, 0.1% of the shares of the company are sold short.
View ING Groep's Short Interest.
When is ING Groep's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, February 2nd 2023.
View our ING earnings forecast.
How were ING Groep's earnings last quarter?: ING Groep (NYSE:ING) posted its quarterly earnings data on Thursday, May, 6th. The financial services provider reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.06. The financial services provider earned $5.67 billion during the quarter, compared to analyst estimates of $5.41 billion. ING Groep had a trailing twelve-month return on equity of 6.29% and a net margin of 19.14%.
Read the conference call transcript.
How often does ING Groep pay dividends? What is the dividend yield for ING Groep?: ING Groep announced a -- dividend on Friday, August 5th. Shareholders of record on Monday, August 15th will be paid a dividend of $0.1737 per share on Monday, August 22nd. This represents a yield of 10.1%. The ex-dividend date of this dividend is Friday, August 12th.
Read our dividend analysis for ING.
Is ING Groep a good dividend stock?: ING Groep (NYSE:ING) pays an annual dividend of $0.29 per share and currently has a dividend yield of 2.41%. The dividend payout ratio is 28.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ING will have a dividend payout ratio of 19.08% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ING.

What is Ralph Hamers' approval rating as ING Groep's CEO?: 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.
What other stocks do shareholders of ING Groep own?: 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
What is ING Groep's stock symbol?: ING Groep trades on the New York Stock Exchange (NYSE) under the ticker symbol "ING."
Who are ING Groep's major shareholders?: ING Groep's stock is owned by many different retail and institutional investors. Top institutional shareholders include Fisher Asset Management LLC (1.32%), Royal Bank of Canada (0.13%), Cambiar Investors LLC (0.08%), BlackRock Inc. (0.07%), Todd Asset Management LLC (0.06%) and Philadelphia Financial Management of San Francisco LLC (0.05%).
How do I buy shares of ING Groep?: 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.
Compare Top Brokerages Here.
What is ING Groep's stock price today?: One share of ING stock can currently be purchased for approximately $12.04.
How much money does ING Groep make?: ING Groep (NYSE:ING) has a market capitalization of $46.96 billion and generates $21.88 billion in revenue each year. The financial services provider earns $7.04 billion in net income (profit) each year or $1.01 on an earnings per share basis.
How many employees does ING Groep have?: The company employs 57,660 workers across the globe.
Does ING Groep have any subsidiaries?: The following companies are subsidiares of ING Groep: 3W Holding B.V., Bank Mendes Gans N.V., CitiStreet, ING Bank (Australia) Ltd, ING Bank A.S., ING Bank N.V., ING Bank Slaski S.A., ING Belgium S.A./N.V., ING Commercial Finance B.V., ING Financial Holdings Corporation, ING Groenbank N.V., ING Luxembourg S.A., ING-DiBa AG, Interhyp AG, Intersoftware Group B.V, Makelaarsland B.V., Oyak Emeklilik, and Payvision Holding B.V.
Read More
How can I contact ING Groep?: 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.

This page (NYSE:ING) was last updated on 11/28/2022 by MarketBeat.com Staff

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ING Groep - ING Stock Forecast, Price & News

ING Groep MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About ING Groep (NYSE:ING) Stock

ING Stock News Headlines

ING Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

ING Stock - Frequently Asked Questions

Overall MarketRank^™