NYSE:ING

ING Groep - ING Stock Forecast, Price & News

$13.56

-0.31 (-2.24%)

(As of 02/3/2023 09:04 PM ET)

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Today's Range: $13.48
▼
$13.66
50-Day Range: $11.71
▼
$14.64
52-Week Range: $8.14
▼
$15.97

Volume: 6.34 million shs
Average Volume: 4.07 million shs
Market Capitalization: $52.89 billion

P/E Ratio: 13.29
Dividend Yield: 1.09%
Price Target: $13.91

Institutional Ownership

ING Groep MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 2.6% Upside
$13.91 Price Target
Short Interest: Healthy
0.08% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.27
Based on 15 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 17.26%
From $1.68 to $1.97 Per Share

Overall MarketRank^™

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

2.54 out of 5 stars

1.3

Analyst's Opinion

Consensus Rating
ING Groep has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 6 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $13.91, ING Groep has a forecasted upside of 2.6% from its current price of $13.56.
Amount of Analyst Coverage
ING Groep has only been the subject of 2 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
0.08% 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 0.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in ING Groep has recently decreased by 4.17%, indicating that investor sentiment is improving.

2.5

Dividend Strength

Dividend Yield
ING Groep pays a meaningful dividend of 1.09%, 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 14.71%. 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 7.61% 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.

2.4

News and Social Media Coverage

News Sentiment
ING Groep has a news sentiment score of 0.27. 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 0.55 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 15 news articles for ING Groep this week, compared to 3 articles on an average week.
Search Interest
13 people have searched for ING on MarketBeat in the last 30 days. This is an increase of 86% compared to the previous 30 days.
MarketBeat Follows
Only 9 people have added ING Groep to their MarketBeat watchlist in the last 30 days. This is a decrease of -44% 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 3.99% 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 17.26% in the coming year, from $1.68 to $1.97 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of ING Groep is 13.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.11.
Price to Earnings Ratio vs. Sector
The P/E ratio of ING Groep is 13.29, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 189.42.
Price to Earnings Growth Ratio
ING Groep has a PEG Ratio of 0.61. 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 0.85. 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 NV engages in the provision of banking, investments, life and non-life insurance, and retirement and asset management services. It operates through the following segments: Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, Wholesale Banking, and Corporate Line. The Retail Netherlands segment offers current and savings accounts, business lending, mortgages, and consumer lending. The Retail Belgium segment provides banking, life and non-life insurance, and asset management products and services. The Retail Germany segment deals with retail and private banking, which offers current and savings accounts, mortgages, and customer lending. The Retail Other segment covers income from retail banking activities. The Wholesale Banking segment includes cash management to corporate finance, real estate, and lease. The Corporate Line segment represents capital management activities and certain income and expense items. The company was founded on March 4, 1991 and is headquartered in Amsterdam, the Netherlands.

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ING Stock News Headlines

February 5, 2023 | americanbankingnews.com

ING Groep (NYSE:ING) Stock Rating Lowered by Societe Generale

February 3, 2023 | msn.com

ING profits grow, shares fall 5% on 2023 guidance

February 6, 2023 | Investor Place Media (Ad)

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February 2, 2023 | morningstar.com

ING Sees Higher Income Growth In 2023 As 4Q Results Beat Views — Update

February 2, 2023 | reuters.com

Dutch bank ING fourth quarter profits grow, loan provisions fall

February 2, 2023 | marketwatch.com

ING Shares Fall After 2023 Growth Guidance Misses Consensus -- Update

February 2, 2023 | msn.com

ING profits grow, bad loans fall, CEO sees margins improving

February 2, 2023 | bloomberg.com

ING’s Profit Beats Estimates as Rising Rates Boost Margins

February 6, 2023 | Investor Place Media (Ad)

Cash Holders STILL Aren't Taking Steps to Prepare

February 2, 2023 | finance.yahoo.com

ING posts FY2022 net result of €3,674 million, proposed final 2022 dividend of €0.389 per share

February 2, 2023 | finance.yahoo.com

Hans Wijers to retire as ING Supervisory Board chairman

February 1, 2023 | marketwatch.com

ING 4Q Net Profit Seen Slightly Below Prior Year on Higher Costs -- Earnings Preview

February 1, 2023 | americanbankingnews.com

ING Groep (NYSE:ING) Receives $13.91 Average Target Price from Analysts

January 26, 2023 | foxnews.com

Taiwanese President Tsai Ing-wen states war with China is 'absolutely not an option'

January 25, 2023 | technews.tmcnet.com

Corlytics Acquires ING SparQ to Create Unified 'Monitoring to Policy' Regtech Platform

January 20, 2023 | marketwatch.com

Sustainable Supply Chain Finance Assessment Market Detailed Analysis of Current Scenario with Growth Forecasts to 2028

January 19, 2023 | finance.yahoo.com

Is Axos Financial (AX) Outperforming Other Finance Stocks This Year?

January 17, 2023 | finance.yahoo.com

Oil Pushes Higher on Bets Chinese Demand Will Surge This Year

January 17, 2023 | finance.yahoo.com

Wall Street Abandons Bearish Euro Calls as Outlook Mellows

January 10, 2023 | finance.yahoo.com

Oil Edges Lower as Hawkish Fed Comments Overshadow China Outlook

January 3, 2023 | finance.yahoo.com

Oil Steadies After Tumbling on Worsening Demand Outlook

January 2, 2023 | seekingalpha.com

ING Groep completes buyback program, to pay shareholders remaining €297M

December 30, 2022 | finanznachrichten.de

ING Group: ING completes share buyback programme; remaining €297 million cash to be paid to shareholders in January

December 22, 2022 | seekingalpha.com

ING Groep: Low Valuation, Decent Growth, Solid Yield, And A Bullish Chart.

December 15, 2022 | marketwatch.com

ING to Combine Roles in Management Board

December 15, 2022 | money.usnews.com

ING Names New Managers, Abay to Head Retail Banking

December 9, 2022 | finance.yahoo.com

ING reports outcome of 2022 EU-wide Transparency Exercise

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30 days | 90 days | 365 days | Advanced Chart

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ING Company Calendar

Last Earnings: 5/06/2021
Ex-Dividend for 1/23 Dividend: 1/13/2023
Dividend Payable: 1/23/2023
Today: 2/05/2023
Next Earnings (Estimated): 5/05/2023
Fiscal Year End: 12/31/2023

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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: $13.91
High Stock Price Forecast: $16.00
Low Stock Price Forecast: $11.50
Forecasted Upside/Downside: +2.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.02
Trailing P/E Ratio: 13.29
Forward P/E Ratio: 8.07
P/E Growth: 0.61
Net Income: $7.04 billion
Net Margins: 19.60%
Pretax Margin: N/A
Return on Equity: 6.36%
Return on Assets: 0.35%

Debt

Debt-to-Equity Ratio: 1.65
Current Ratio: 1.09
Quick Ratio: N/A

Sales & Book Value

Annual Sales: $18.56 billion
Price / Sales: 2.85
Cash Flow: $1.70 per share
Price / Cash Flow: 7.97
Book Value: $16.01 per share
Price / Book: 0.85

Miscellaneous

Outstanding Shares: 3,900,670,000
Free Float: N/A
Market Cap: $52.89 billion
Optionable: Optionable
Beta: 1.60

Social Links

Key Executives

Steven van Rijswijk
Chief Executive Officer

Marnix van Stiphout
Chief Operating & Transformation Officer

Tanate Phutrakul
Chief Financial Officer

Ronnie Henricus van Kemenade
Chief Technology Officer

Pinar Abay
Head-Market Leaders

Key Competitors

View All Competitors

Insiders & Institutions

View All Institutional Transactions

ING Stock - Frequently Asked Questions

Should I buy or sell ING Groep stock right now?: 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ING Groep in the last twelve months. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities 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?: 9 brokerages have issued 12-month price targets for ING Groep's shares. Their ING share price forecasts range from $11.50 to $16.00. On average, they predict the company's share price to reach $13.91 in the next year. This suggests a possible upside of 2.6% 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 2023?: ING Groep's stock was trading at $12.17 at the beginning of 2023. Since then, ING stock has increased by 11.4% and is now trading at $13.56.
View the best growth stocks for 2023 here.
Are investors shorting ING Groep?: ING Groep saw a drop in short interest in the month of December. As of December 30th, there was short interest totaling 2,880,000 shares, a drop of 27.8% from the December 15th total of 3,990,000 shares. Based on an average daily volume of 4,440,000 shares, the short-interest ratio is presently 0.6 days. Approximately 0.1% of the company's stock 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 Friday, May 5th 2023.
View our ING earnings forecast.
How were ING Groep's earnings last quarter?: ING Groep (NYSE:ING) released its quarterly earnings results on Thursday, May, 6th. The financial services provider reported $0.31 earnings per share for the quarter, topping analysts' consensus estimates of $0.25 by $0.06. The financial services provider earned $5.67 billion during the quarter, compared to the consensus estimate of $5.41 billion. ING Groep had a net margin of 19.60% and a trailing twelve-month return on equity of 6.36%.
Read the conference call transcript.
How often does ING Groep pay dividends? What is the dividend yield for ING Groep?: ING Groep announced a Semi-Annual dividend on Tuesday, January 3rd. Shareholders of record on Tuesday, January 17th will be paid a dividend of $0.074 per share on Monday, January 23rd. This represents a yield of 4.6%. The ex-dividend date of this dividend is Friday, January 13th.
Read our dividend analysis for ING.
Is ING Groep a good dividend stock?: ING Groep (NYSE:ING) pays an annual dividend of $0.15 per share and currently has a dividend yield of 1.11%. The dividend payout ratio is 14.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ING will have a dividend payout ratio of 7.61% 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 institutional and retail investors. Top institutional investors include Fisher Asset Management LLC (0.00%), MUFG Securities EMEA plc (0.19%), Cambiar Investors LLC (0.00%), Todd Asset Management LLC (0.00%), Bank of Montreal Can (0.00%) and Natixis Advisors L.P. (0.03%).
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 $13.56.
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 2/6/2023 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^™