NYSE:INGING Groep Stock Price, Forecast & News

$5.93

+0.17 (+2.95 %)

(As of 04/9/2020 04:00 PM ET)

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Today's Range

$5.79

Now: $5.93▼

$6.05

50-Day Range

$4.70

MA: $7.29▼

$11.25

52-Week Range

$4.52

Now: $5.93▼

$13.72

Volume9.46 million shs

Average Volume7.24 million shs

Market Capitalization$23.10 billion

P/E Ratio4.24

Dividend Yield7.64%

Beta1.69

ING Groep N.V., a financial institution, provides various banking products and services to individuals, small and medium-sized enterprises, and mid-corporates. It operates in Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, and Wholesale Banking segments. 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 mortgage, payment, savings, investment, and secured and unsecured lending products and services. In addition, the company offers specialized lending, corporate finance, and debt and equity markets solutions, as well as working capital, cash management, and trade and treasury services; and financial market, trade finance, overdraft, and foreign exchange transaction services. The company operates in the Netherlands, Belgium, North America, Latin America, Asia, Australia, and rest of Europe. ING Groep N.V. was founded in 1991 and is headquartered in Amsterdam, the Netherlands.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
ING Groep has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 4 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $11.15, ING Groep has a potential upside of 88.0% from its current price of $5.93.
Amount of Analyst Coverage
ING Groep has only been the subject of 4 research reports in the past 90 days.

1.9 Community Rank

Outperform Votes
ING Groep has received 434 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
ING Groep has received 696 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
ING Groep has received 61.59% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about ING Groep and other stocks. Vote “Outperform” if you believe ING will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ING will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
ING Groep is a leading dividend payer. It pays a dividend yield of 7.64%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
ING Groep has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of ING Groep is 31.88 %. 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 33.08 % next year. This indicates that ING Groep will be able to sustain or increase its dividend.

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 4.16% of the stock of ING Groep is held by institutions.

3.1 Earnings and Valuation

Earnings Growth
Earnings for ING Groep are expected to grow by 4.72% in the coming year, from $1.27 to $1.33 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of ING Groep is 4.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 12.55.
Price to Earnings Ratio vs. Sector
The P/E ratio of ING Groep is 4.24, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 13.53.
Price to Earnings Growth Ratio
ING Groep has a PEG Ratio of 0.95. PEG Ratios around 1 indicate that a company is correctly valued.
Price to Book Value per Share Ratio
ING Groep has a P/B Ratio of 0.40. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.32 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Commercial banks, not elsewhere classified

Sub-IndustryN/A

SectorFinance

Current SymbolNYSE:ING

Previous Symbol

CUSIPN/A

CIK1039765

Webhttp://www.ing.com/

Phone31-20-563-9111

Debt

Debt-to-Equity Ratio2.28

Current Ratio1.12

Quick Ratio1.12

Price-To-Earnings

Trailing P/E Ratio4.24

Forward P/E Ratio4.67

P/E Growth0.95

Sales & Book Value

Annual Sales$20.51 billion

Price / Sales1.13

Cash Flow$1.68 per share

Price / Cash Flow3.53

Book Value$14.92 per share

Price / Book0.40

Profitability

EPS (Most Recent Fiscal Year)$1.38

Net Income$4.37 billion

Net Margins26.13%

Return on Equity9.06%

Return on Assets0.53%

Miscellaneous

Employees52,233

Outstanding Shares3,895,900,000

Market Cap$23.10 billion

Next Earnings Date5/7/2020 (Estimated)

OptionableOptionable

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ING Groep (NYSE:ING) Frequently Asked Questions

How has ING Groep's stock been impacted by COVID-19 (Coronavirus)?

ING Groep's stock was trading at $6.94 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ING shares have decreased by 14.6% and is now trading at $5.93. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of ING Groep?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ING Groep in the last year. There are currently 4 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for ING Groep.

When is ING Groep's next earnings date?

ING Groep is scheduled to release its next quarterly earnings announcement on Thursday, May 7th 2020. View our earnings forecast for ING Groep.

How were ING Groep's earnings last quarter?

ING Groep NV (NYSE:ING) released its quarterly earnings data on Thursday, February, 6th. The financial services provider reported $0.26 EPS for the quarter. The financial services provider had revenue of $4.92 billion for the quarter, compared to analyst estimates of $4.94 billion. ING Groep had a return on equity of 9.06% and a net margin of 26.13%. View ING Groep's earnings history.

What price target have analysts set for ING?

8 Wall Street analysts have issued 12 month target prices for ING Groep's shares. Their forecasts range from $11.15 to $11.15. On average, they expect ING Groep's share price to reach $11.15 in the next year. This suggests a possible upside of 88.0% from the stock's current price. View analysts' price targets for ING Groep.

Has ING Groep been receiving favorable news coverage?

News headlines about ING stock have trended very negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. ING Groep earned a news sentiment score of -3.3 on InfoTrie's scale. They also gave news coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutING Groep.

Are investors shorting ING Groep?

ING Groep saw a decrease in short interest in the month of March. As of March 13th, there was short interest totaling 3,823,800 shares, a decrease of 53.1% from the February 27th total of 8,160,000 shares. Based on an average daily trading volume, of 4,080,000 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.1% of the company's shares are sold short. View ING Groep's Current Options Chain.

Who are some of ING Groep's key competitors?

Some companies that are related to ING Groep include Toronto-Dominion Bank (TD), HDFC Bank (HDB), Mitsubishi UFJ Financial Group (MUFG), Banco Santander (SAN), BNP PARIBAS/S (BNPQY), Sumitomo Mitsui Financial Grp (SMFG), HANG SENG BK LT/S (HSNGY), Westpac Banking (WBK), Bank of Montreal (BMO), Boc Hong Kong (BHKLY), ICICI Bank (IBN), Lloyds Banking Group (LYG), ANZ (ANZBY), OVERSEA-CHINESE/ADR (OVCHY) and Canadian Imperial Bank of Commerce (CM).

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), Verizon Communications (VZ), General Electric (GE), Gilead Sciences (GILD), Canopy Growth (CGC), Ford Motor (F), TENCENT HOLDING/ADR (TCEHY) and Cisco Systems (csco).

Who are ING Groep's key executives?

ING Groep's management team includes the following people:

Mr. Ralph A. J. G. Hamers, Chairman of the Exec. Board, CEO & Member Management Board Banking (Age 53)
Mr. Steven J. A. van Rijswijk, Chief Risk Officer, Member of the Exec. Board & Member of Management Board Banking (Age 49)
Mr. Tanate Phutrakul, CFO & Member of Exec. Board (Age 54)
Mr. Roel M. M. Louwhoff, COO, Chief Transformation Officer & Member of Mgmt. Board Banking (Age 54)
Rob Van Veldhuizen, Head of Corp. Fin. Benelux

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 investors include Gradient Investments LLC (0.00%), Wiley BROS. Aintree Capital LLC (0.00%) and Ritholtz Wealth Management (0.00%).

Which institutional investors are buying ING Groep stock?

ING stock was purchased by a variety of institutional investors in the last quarter, including Gradient Investments LLC, Wiley BROS. Aintree Capital LLC, and Ritholtz Wealth Management.

How do I buy shares of ING Groep?

Shares of ING can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is ING Groep's stock price today?

One share of ING stock can currently be purchased for approximately $5.93.

How big of a company is ING Groep?

ING Groep has a market capitalization of $23.10 billion and generates $20.51 billion in revenue each year. The financial services provider earns $4.37 billion in net income (profit) each year or $1.38 on an earnings per share basis. ING Groep employs 52,233 workers across the globe. View additional information about ING Groep.

What is ING Groep's official website?

The official website for ING Groep is http://www.ing.com/.

How can I contact ING Groep?

ING Groep's mailing address is Bijlmerplein 888, Amsterdam P7, 1102 MG. The financial services provider can be reached via phone at 31-20-563-9111 or via email at [email protected]

This page was last updated on 4/9/2020 by MarketBeat.com Staff

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