S&P 500   5,123.41
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MarketBeat Week in Review – 4/8 - 4/12
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
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The craze for Masters gnomes is growing. Little golf-centric statue is now a coveted collector item
How O.J. Simpson burned the Ford Bronco into America's collective memory
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
It's almost April 15. Here's how to reduce stress and get your taxes done
Nearing 50 Supreme Court arguments in, lawyer Lisa Blatt keeps winning
The craze for Masters gnomes is growing. Little golf-centric statue is now a coveted collector item
How O.J. Simpson burned the Ford Bronco into America's collective memory
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
It's almost April 15. Here's how to reduce stress and get your taxes done
Nearing 50 Supreme Court arguments in, lawyer Lisa Blatt keeps winning
The craze for Masters gnomes is growing. Little golf-centric statue is now a coveted collector item
How O.J. Simpson burned the Ford Bronco into America's collective memory
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
It's almost April 15. Here's how to reduce stress and get your taxes done
Nearing 50 Supreme Court arguments in, lawyer Lisa Blatt keeps winning
The craze for Masters gnomes is growing. Little golf-centric statue is now a coveted collector item
How O.J. Simpson burned the Ford Bronco into America's collective memory
NYSE:INGR

Ingredion (INGR) Stock Price, News & Analysis

$110.15
-1.74 (-1.56%)
(As of 04/12/2024 ET)
Today's Range
$109.90
$111.81
50-Day Range
$108.09
$118.09
52-Week Range
$89.54
$118.83
Volume
316,532 shs
Average Volume
398,843 shs
Market Capitalization
$7.23 billion
P/E Ratio
11.47
Dividend Yield
2.83%
Price Target
$126.67

Ingredion MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
15.0% Upside
$126.67 Price Target
Short Interest
Healthy
1.05% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.63
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Selling Shares
$6.90 M Sold Last Quarter
Proj. Earnings Growth
6.65%
From $9.62 to $10.26 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.46 out of 5 stars

Consumer Staples Sector

32nd out of 134 stocks

Grain Mill Products Industry

1st out of 6 stocks

INGR stock logo

About Ingredion Stock (NYSE:INGR)

Ingredion Incorporated, together with its subsidiaries, manufactures and sells sweeteners, starches, nutrition ingredients, and biomaterial solutions derived from wet milling and processing corn, and other starch-based materials to a range of industries in North America, South America, the Asia Pacific, Europe, the Middle East, and Africa. The company offers starch products for use in a range of processed foods; cornstarch; specialty paper starches for enhanced drainage, fiber retention, oil and grease resistance, improved printability, and biochemical oxygen demand control; starches and specialty starches for textile industry; industrial starches are used in the production of construction materials, textiles, adhesives, pharmaceuticals, and cosmetics, as well as in mining and water filtration; and specialty industrial starches for use in biomaterial applications, including biodegradable plastics, fabric softeners and detergents, hair and skin care applications, dusting powders for surgical gloves, and in the production of glass fiber and insulation. It also provides sweetener products comprising glucose syrups, high maltose syrup, high fructose corn syrup, dextrose, polyols, maltodextrin, glucose syrup solids, and non-genetically modified organism syrups for applications in food and beverage products, such as baked goods, snack foods, canned fruits, condiments, candy and other sweets, dairy products, ice cream, jams and jellies, prepared mixes, table syrups, and beverages. In addition, the company sells refined corn oil, corn gluten feed, and corn gluten meal; and other products, including fruit and vegetable products, such as concentrates, purees, and essences, as well as pulse proteins and hydrocolloids systems and blends. The company was formerly known as Corn Products International, Inc. and changed its name to Ingredion Incorporated in June 2012. Ingredion Incorporated was founded in 1906 and is headquartered in Westchester, Illinois.

INGR Stock Price History

INGR Stock News Headlines

The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
INGR Oct 2024 125.000 call
INGR Nov 2024 100.000 call
15 Most Vegetarian-Friendly Cities in the US
Ingredion Inc.
Ingredion: A Green Agenda Tailwind
See More Headlines
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Company Calendar

Ex-Dividend for 1/23 Dividend
12/29/2023
Dividend Payable
1/23/2024
Last Earnings
2/06/2024
Ex-Dividend for 4/23 Dividend
3/28/2024
Today
4/13/2024
Dividend Payable
4/23/2024
Next Earnings (Estimated)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Grain mill products
Sub-Industry
Agricultural Products
CUSIP
45718710
Employees
11,600
Year Founded
1906

Price Target and Rating

Average Stock Price Target
$126.67
High Stock Price Target
$136.00
Low Stock Price Target
$117.00
Potential Upside/Downside
+15.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$643 million
Pretax Margin
10.28%

Debt

Sales & Book Value

Annual Sales
$8.16 billion
Cash Flow
$12.84 per share
Book Value
$54.49 per share

Miscellaneous

Free Float
64,503,000
Market Cap
$7.23 billion
Optionable
Optionable
Beta
0.81

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Key Executives


INGR Stock Analysis - Frequently Asked Questions

Should I buy or sell Ingredion stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ingredion in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" INGR shares.
View INGR analyst ratings
or view top-rated stocks.

What is Ingredion's stock price target for 2024?

6 equities research analysts have issued 12-month target prices for Ingredion's stock. Their INGR share price targets range from $117.00 to $136.00. On average, they expect the company's share price to reach $126.67 in the next twelve months. This suggests a possible upside of 15.0% from the stock's current price.
View analysts price targets for INGR
or view top-rated stocks among Wall Street analysts.

How have INGR shares performed in 2024?

Ingredion's stock was trading at $108.53 at the beginning of the year. Since then, INGR shares have increased by 1.5% and is now trading at $110.15.
View the best growth stocks for 2024 here
.

Are investors shorting Ingredion?

Ingredion saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 681,800 shares, an increase of 18.6% from the March 15th total of 574,700 shares. Based on an average daily volume of 406,800 shares, the days-to-cover ratio is presently 1.7 days. Approximately 1.1% of the shares of the company are short sold.
View Ingredion's Short Interest
.

When is Ingredion's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our INGR earnings forecast
.

How were Ingredion's earnings last quarter?

Ingredion Incorporated (NYSE:INGR) posted its earnings results on Tuesday, February, 6th. The company reported $1.97 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.87 by $0.10. The company earned $1.92 billion during the quarter, compared to the consensus estimate of $2.07 billion. Ingredion had a trailing twelve-month return on equity of 18.57% and a net margin of 7.88%. The firm's revenue was down 3.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.65 earnings per share.

How often does Ingredion pay dividends? What is the dividend yield for Ingredion?

Ingredion declared a quarterly dividend on Wednesday, March 13th. Investors of record on Monday, April 1st will be given a dividend of $0.78 per share on Tuesday, April 23rd. This represents a $3.12 dividend on an annualized basis and a yield of 2.83%. The ex-dividend date of this dividend is Thursday, March 28th.
Read our dividend analysis for INGR
.

Is Ingredion a good dividend stock?

Ingredion (NYSE:INGR) pays an annual dividend of $3.12 per share and currently has a dividend yield of 2.79%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 32.50%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, INGR will have a dividend payout ratio of 30.41% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for INGR.

What guidance has Ingredion issued on next quarter's earnings?

Ingredion issued an update on its FY24 earnings guidance on Tuesday, February, 6th. The company provided earnings per share guidance of $9.15-9.85 for the period, compared to the consensus earnings per share estimate of $9.76.

What is James Zallie's approval rating as Ingredion's CEO?

61 employees have rated Ingredion Chief Executive Officer James Zallie on Glassdoor.com. James Zallie has an approval rating of 69% among the company's employees.

What other stocks do shareholders of Ingredion own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ingredion investors own include Pfizer (PFE), Walt Disney (DIS), Intel (INTC), NVIDIA (NVDA), Johnson & Johnson (JNJ), Cisco Systems (CSCO), AT&T (T), Verizon Communications (VZ), CVS Health (CVS) and International Business Machines (IBM).

Who are Ingredion's major shareholders?

Ingredion's stock is owned by a variety of institutional and retail investors. Top institutional investors include Centre Asset Management LLC (0.13%), Massmutual Trust Co. FSB ADV (0.06%), Global Assets Advisory LLC (0.05%), Bank of New Hampshire (0.03%), Washington Capital Management Inc. (0.02%) and Insight Wealth Strategies LLC (0.02%). Insiders that own company stock include David Eric Seip, Davida Marie Gable, James D Gray, James P Zallie, Jinghuai Xu, Jorge A Uribe, Jorgen Kokke, Larry Fernandes, Valdirene Bastos-Evans and Valdirene Bastos-Licht.
View institutional ownership trends
.

How do I buy shares of Ingredion?

Shares of INGR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Ingredion have any subsidiaries?
The following companies are subsidiares of Ingredion: Arrendadora Gefemesa S.A. de C.V., Bedford Construction Company, Brunob II B.V., Cali Investment LLC, Colombia Millers Ltd., Corn Products Americas Holdings S.à r.l., Corn Products Development  Inc., Corn Products Inc. & Co. KG, Corn Products Kenya Limited, Corn Products Mauritius Pty Ltd., Corn Products Puerto Rico Inc., Corn Products Sales LLC, Corn Products Southern Cone S.R.L., Crystal Car Line  Inc., Hispano-American Company  Inc., I-Generation Inc., ICI Mauritius Holdings Limited, Ingredion ANZ Pty Ltd, Ingredion APAC EMEA Shared Services Sdn. Bhd., Ingredion Aceites y Especialidades S.A. de C.V., Ingredion Argentina S.R.L., Ingredion Brasil Ingredientes Industriais Ltda., Ingredion Canada Corporation, Ingredion China Limited, Ingredion Colombia S.A., Ingredion Ecuador S.A., Ingredion Germany GmbH, Ingredion Global Business Services S.A. de C.V., Ingredion Global Holdings Inc., Ingredion Holding LLC, Ingredion Holdings Thailand Co. Ltd., Ingredion India Private Limited, Ingredion Japan K.K., Ingredion Korea Holding LLC, Ingredion Korea Incorporated, Ingredion Malaysia Sdn. Bhd., Ingredion Mexico S.A. de C.V., Ingredion Peru S.A., Ingredion Philippines  Inc., Ingredion Plant Based Protein Specialties Canada Inc., Ingredion SRSS Holdings Limited n/k/a PureCircle Limited, Ingredion Shandong Limited, Ingredion Singapore Pte. Ltd., Ingredion South Africa Proprietary Limited, Ingredion Sweetener and Starch Thailand Co. Ltd., Ingredion Thailand Co. Ltd., Ingredion UK Limited, Ingredion Venezuela C.A., Ingredion Vietnam Company Limited, Inversiones Latinoamericanas S.A., K. Hahn Verwaltungs und Vermietungs GmbH, KaTech, KaTech Ingredient Solutions GmbH, KaTech Ingredient Solutions LTD, KaTech Ingredient Solutions Sp.z o.o., Kerr Concentrates, Laing-National Limited, National Starch, PCM Pure Circle de Mexico S.A. de C.V., PT. Ingredion Indonesia, Penford Corporation, Pure Circle, PureCircle Africa Limited, PureCircle China Agriculture Development Co. Ltd., PureCircle China Limited, PureCircle Company LLC, PureCircle Company UK Limited, PureCircle Jiangxi Co. Ltd., PureCircle Mexico S.A. de C.V., PureCircle Natural Ingredient India Private Limited, PureCircle S.E.A. Sdn Bhd, PureCircle Sdn. Bhd., PureCircle Shanghai Co. Ltd., PureCircle South America Sociedad Anonima, PureCircle Trading Sdn. Bhd., PureCircle UK Limited, PureCircle USA Holdings Inc., PureCircle USA Inc., PureCircle do Brasil Comercio Importacao e Exportacao Ltda., Rafhan Maize Products Co. Ltd., Raymond & White River LLC, Shandong Huanong Specialty Corn Development, Sun Flour Industry - RIice Ingredients Business, TIC Gums, Texture Innovation Company de Mexico S. de R.L. de C.V., The Chicago Peoria and Western Railway Company, and Verdient Foods.
Read More
This page (NYSE:INGR) was last updated on 4/13/2024 by MarketBeat.com Staff

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