S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
MarketBeat Week in Review – 5/22 - 5/26
WARNING TO ALL U.S. INVESTORS (Ad)
As Elizabeth Holmes heads to prison for fraud, many puzzle over her motives
New bill to build Athletics stadium on Las Vegas Strip caps Nevada's cost at $380 million
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
Mechanical sails? Batteries? Shippers forming 'green corridors' to fast-track cleaner technologies
Baby eels remain one of America's most valuable fish after strong year in Maine
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
Teen workers are in high demand for summer and commanding better pay
Biden, GOP reach tentative deal to raise debt ceiling, avoid calamitous US default
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
MarketBeat Week in Review – 5/22 - 5/26
WARNING TO ALL U.S. INVESTORS (Ad)
As Elizabeth Holmes heads to prison for fraud, many puzzle over her motives
New bill to build Athletics stadium on Las Vegas Strip caps Nevada's cost at $380 million
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
Mechanical sails? Batteries? Shippers forming 'green corridors' to fast-track cleaner technologies
Baby eels remain one of America's most valuable fish after strong year in Maine
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
Teen workers are in high demand for summer and commanding better pay
Biden, GOP reach tentative deal to raise debt ceiling, avoid calamitous US default
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
MarketBeat Week in Review – 5/22 - 5/26
WARNING TO ALL U.S. INVESTORS (Ad)
As Elizabeth Holmes heads to prison for fraud, many puzzle over her motives
New bill to build Athletics stadium on Las Vegas Strip caps Nevada's cost at $380 million
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
Mechanical sails? Batteries? Shippers forming 'green corridors' to fast-track cleaner technologies
Baby eels remain one of America's most valuable fish after strong year in Maine
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
Teen workers are in high demand for summer and commanding better pay
Biden, GOP reach tentative deal to raise debt ceiling, avoid calamitous US default
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
MarketBeat Week in Review – 5/22 - 5/26
WARNING TO ALL U.S. INVESTORS (Ad)
As Elizabeth Holmes heads to prison for fraud, many puzzle over her motives
New bill to build Athletics stadium on Las Vegas Strip caps Nevada's cost at $380 million
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
Mechanical sails? Batteries? Shippers forming 'green corridors' to fast-track cleaner technologies
Baby eels remain one of America's most valuable fish after strong year in Maine
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
Teen workers are in high demand for summer and commanding better pay
Biden, GOP reach tentative deal to raise debt ceiling, avoid calamitous US default
NYSE:INGR

Ingredion (INGR) Stock Forecast, Price & News

$107.56
-0.97 (-0.89%)
(As of 05/26/2023 ET)
Compare
Today's Range
$106.88
$108.78
50-Day Range
$97.80
$112.50
52-Week Range
$78.81
$113.46
Volume
499,446 shs
Average Volume
417,746 shs
Market Capitalization
$7.10 billion
P/E Ratio
13.01
Dividend Yield
2.64%
Price Target
$118.80

Ingredion MarketRank™ Forecast

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
10.4% Upside
$118.80 Price Target
Short Interest
Healthy
0.86% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.63
Upright™ Environmental Score
News Sentiment
0.67mentions of Ingredion in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$1.03 M Sold Last Quarter
Proj. Earnings Growth
-0.22%
From $9.05 to $9.03 Per Share

Overall MarketRank

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

2.48 out of 5 stars

Consumer Staples Sector

36th out of 138 stocks

Grain Mill Products Industry

1st out of 5 stocks


INGR stock logo

About Ingredion (NYSE:INGR) Stock

Ingredion, Inc. engages in the development, production, and sale of food and beverage ingredients, primarily starches and sweeteners. The firm is involved in transforming corn, tapioca, potatoes, plant-based stevia, grains, fruits, gums, and vegetables into value-added ingredients and biomaterials for the food, beverage, brewing, and other industries. It operates through the following geographical segments: North America, South America, Asia-Pacific, and Europe, Middle East, and Africa (EMEA). The North America segment includes businesses in the United States, Mexico, and Canada. The South America segment refers to the businesses in Brazil, Argentina, Chile, Colombia, Ecuador, Peru, and Uruguay. The Asia-Pacific segment consists of businesses in South Korea, Thailand, China, Australia, Japan, New Zealand, Indonesia, Singapore, Philippines, Malaysia, India, and Vietnam. The EMEA segment focuses on the businesses in Pakistan, Germany, the United Kingdom, and South Africa. The company was founded in 1906 and is headquartered in Westchester, IL.

Receive INGR Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Ingredion and its competitors with MarketBeat's FREE daily newsletter.

INGR Stock News Headlines

[BREAKING] Small Firm Develops World's First Anti-Aircraft Laser
Small cap wins $1.65 billion contract to make them. GlobeNewswire says this is a $51.1 Billion market by 2026. See why this stock could soar 2,476% >>>
Ingredion declares $0.71 dividend
StockNews.com Initiates Coverage on Ingredion (NYSE:INGR)
[BREAKING] Small Firm Develops World's First Anti-Aircraft Laser
Small cap wins $1.65 billion contract to make them. GlobeNewswire says this is a $51.1 Billion market by 2026. See why this stock could soar 2,476% >>>
Starch Market Size & Share Research by 2030
Ingredion (NYSE:INGR) PT Raised to $123.00
Ingredion (NYSE:INGR) PT Raised to $120.00
Ingredion (NYSE:INGR) Hits New 12-Month High at $107.18
See More Headlines
Receive INGR Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Ingredion and its competitors with MarketBeat's FREE daily newsletter.

INGR Company Calendar

Ex-Dividend for 4/25 Dividend
3/31/2023
Dividend Payable
4/25/2023
Last Earnings
5/03/2023
Today
5/27/2023
Ex-Dividend for 7/25 Dividend
6/30/2023
Dividend Payable
7/25/2023
Next Earnings (Estimated)
8/08/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Grain mill products
Sub-Industry
Agricultural Products
CUSIP
45718710
Employees
11,700
Year Founded
1906

Price Target and Rating

Average Stock Price Forecast
$118.80
High Stock Price Forecast
$123.00
Low Stock Price Forecast
$110.00
Forecasted Upside/Downside
+10.4%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$492 million
Pretax Margin
9.03%

Debt

Sales & Book Value

Annual Sales
$7.95 billion
Cash Flow
$10.80 per share
Book Value
$49.62 per share

Miscellaneous

Free Float
64,907,000
Market Cap
$7.10 billion
Optionable
Optionable
Beta
0.76

Social Links


Key Executives

  • Jim Zallie
    President, Chief Executive Officer & Director
  • Eric Seip
    Chief Supply Chain Officer & SVP-Global Operations
  • James Derek GrayJames Derek Gray
    Chief Financial Officer & Executive Vice President
  • Robert O. Border
    Chief Information Officer
  • Tanya M. Jaeger de Foras
    Secretary, Chief Legal & Compliance Officer, SVP













INGR Stock - Frequently Asked Questions

Should I buy or sell Ingredion stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ingredion in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" INGR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in INGR, but not buy additional shares or sell existing shares.
View INGR analyst ratings
or view top-rated stocks.

What is Ingredion's stock price forecast for 2023?

5 brokers have issued 12-month target prices for Ingredion's shares. Their INGR share price forecasts range from $110.00 to $123.00. On average, they expect the company's stock price to reach $118.80 in the next twelve months. This suggests a possible upside of 10.4% 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 2023?

Ingredion's stock was trading at $97.93 on January 1st, 2023. Since then, INGR shares have increased by 9.8% and is now trading at $107.56.
View the best growth stocks for 2023 here
.

Are investors shorting Ingredion?

Ingredion saw a drop in short interest during the month of April. As of April 30th, there was short interest totaling 531,600 shares, a drop of 39.9% from the April 15th total of 884,400 shares. Based on an average daily volume of 326,600 shares, the short-interest ratio is currently 1.6 days. Currently, 0.8% of the shares of the stock are sold short.
View Ingredion's Short Interest
.

When is Ingredion's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our INGR earnings forecast
.

How were Ingredion's earnings last quarter?

Ingredion Incorporated (NYSE:INGR) issued its quarterly earnings data on Wednesday, May, 3rd. The company reported $2.80 earnings per share for the quarter, beating the consensus estimate of $2.01 by $0.79. The firm earned $2.14 billion during the quarter, compared to analysts' expectations of $2.18 billion. Ingredion had a trailing twelve-month return on equity of 17.51% and a net margin of 6.75%. The firm's revenue was up 12.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.95 earnings per share.

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

Ingredion declared a quarterly dividend on Friday, May 19th. Investors of record on Monday, July 3rd will be given a dividend of $0.71 per share on Tuesday, July 25th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 2.64%. The ex-dividend date is Friday, June 30th.
Read our dividend analysis for INGR
.

Is Ingredion a good dividend stock?

Ingredion (NYSE:INGR) pays an annual dividend of $2.84 per share and currently has a dividend yield of 2.62%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 34.34%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, INGR will have a dividend payout ratio of 31.45% 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 updated its FY 2023 earnings guidance on Wednesday, May, 3rd. The company provided EPS guidance of $8.70-$9.40 for the period, compared to the consensus earnings per share estimate of $8.19. The company issued revenue guidance of -.

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).

What is Ingredion's stock symbol?

Ingredion trades on the New York Stock Exchange (NYSE) under the ticker symbol "INGR."

Who are Ingredion's major shareholders?

Ingredion's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.35%), LSV Asset Management (3.83%), State Street Corp (3.66%), Dimensional Fund Advisors LP (3.50%), Yacktman Asset Management LP (3.43%) and Snyder Capital Management L P (2.16%). Insiders that own company stock include David Eric Seip, Davida Marie Gable, Elizabeth Adefioye, James D Gray, James P Zallie, Jinghuai Xu, Jorge A Uribe, Jorgen Kokke, Larry Fernandes, Valdirene Bastos-Evans, Valdirene Bastos-Licht and Y Landazuri Pierre Perez.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Ingredion's stock price today?

One share of INGR stock can currently be purchased for approximately $107.56.

How much money does Ingredion make?

Ingredion (NYSE:INGR) has a market capitalization of $7.10 billion and generates $7.95 billion in revenue each year. The company earns $492 million in net income (profit) each year or $8.27 on an earnings per share basis.

How many employees does Ingredion have?

The company employs 11,700 workers across the globe.

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
How can I contact Ingredion?

Ingredion's mailing address is 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL, 60154. The official website for the company is www.ingredion.com. The company can be reached via phone at (708) 551-2600, via email at investor.relations@ingredion.com, or via fax at 708-551-2700.

This page (NYSE:INGR) was last updated on 5/27/2023 by MarketBeat.com Staff

My Account -