NYSE:IRIngersoll-Rand Stock Price, Forecast & News

Ingersoll-Rand's stock was trading at $23.49 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, IR stock has increased by 39.4% and is now trading at $32.75.
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17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ingersoll-Rand in the last year. There are currently 7 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Ingersoll-Rand is scheduled to release its next quarterly earnings announcement on Monday, October 26th 2020.
View our earnings forecast for Ingersoll-Rand.

Ingersoll-Rand PLC (NYSE:IR) posted its quarterly earnings data on Monday, August, 3rd. The industrial products company reported $0.31 EPS for the quarter, beating the consensus estimate of $0.19 by $0.12. The industrial products company earned $1.26 billion during the quarter, compared to the consensus estimate of $1.16 billion. Ingersoll-Rand had a return on equity of 2.12% and a net margin of 2.86%. The business's revenue for the quarter was up 101.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.43 earnings per share.
View Ingersoll-Rand's earnings history.

Ingersoll-Rand announced a quarterly dividend on Thursday, February 6th. Investors of record on Friday, March 13th will be paid a dividend of $0.53 per share on Tuesday, March 31st. This represents a $2.12 annualized dividend and a dividend yield of 6.47%. The ex-dividend date is Thursday, March 12th.
View Ingersoll-Rand's dividend history.

Ingersoll-Rand announced that its Board of Directors has authorized a share repurchase program on Wednesday, October 3rd 2018, which allows the company to repurchase $1,500,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 6% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board believes its stock is undervalued.

17 brokers have issued 1 year price objectives for Ingersoll-Rand's stock. Their forecasts range from $28.00 to $160.00. On average, they expect Ingersoll-Rand's share price to reach $80.06 in the next twelve months. This suggests a possible upside of 144.5% from the stock's current price.
View analysts' price targets for Ingersoll-Rand.

Headlines about IR stock have trended somewhat negative this week, InfoTrie reports. The research group rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Ingersoll-Rand earned a daily sentiment score of -1.7 on InfoTrie's scale. They also gave news headlines about the industrial products company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the near future.
View the latest news about Ingersoll-Rand.

Some companies that are related to Ingersoll-Rand include Illinois Tool Works (ITW), Stanley Black & Decker (SWK), Parker-Hannifin (PH), Dover (DOV), Xylem (XYL), IDEX (IEX), Nordson (NDSN), Graco (GGG), Snap-on (SNA), Pentair (PNR), Gardner Denver (GDI), Donaldson (DCI), Lincoln Electric (LECO), ITT (ITT) and Woodward, Inc.Common Stock (WWD).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Ingersoll-Rand investors own include Home Depot (HD), NVIDIA (NVDA), Bank of America (BAC), AT&T (T), CVS Health (CVS), Intel (INTC), Johnson & Johnson (JNJ), Walt Disney (DIS), Verizon Communications (VZ) and Procter & Gamble (PG).

Ingersoll-Rand trades on the New York Stock Exchange (NYSE) under the ticker symbol "IR."

Ingersoll-Rand's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.37%), Douglas Lane & Associates LLC (0.18%), Meyer Handelman Co. (0.16%), Peregrine Capital Management LLC (0.15%), UBS Group AG (0.12%) and LGT Capital Partners LTD. (0.06%). Company insiders that own Ingersoll-Rand stock include Andrew R Schiesl, Christopher J Kuehn, David S Regnery, Evan M Turtz, Jared L Cohon, Keith A Sultana, Kkr Group Partnership LP, Marcia J Avedon, Michael W Lamach, Paul A Camuti and Susan K Carter.
View institutional ownership trends for Ingersoll-Rand.

IR stock was sold by a variety of institutional investors in the last quarter, including DNB Asset Management AS, First Trust Advisors LP, Peregrine Capital Management LLC, Sumitomo Mitsui Trust Holdings Inc., Oregon Public Employees Retirement Fund, Raymond James & Associates, SG Americas Securities LLC, and Mackay Shields LLC. Company insiders that have sold Ingersoll-Rand company stock in the last year include Andrew R Schiesl, David S Regnery, Evan M Turtz, Jared L Cohon, Keith A Sultana, Kkr Group Partnership LP, Marcia J Avedon, Michael W Lamach, and Paul A Camuti.
View insider buying and selling activity for Ingersoll-Rand.

IR stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, LGT Capital Partners LTD., Douglas Lane & Associates LLC, Strs Ohio, Gulf International Bank UK Ltd, Pacer Advisors Inc., Fulton Bank N. A., and Candriam Luxembourg S.C.A..
View insider buying and selling activity for Ingersoll-Rand.

Shares of IR 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.

One share of IR stock can currently be purchased for approximately $32.75.

Ingersoll-Rand has a market capitalization of $13.64 billion and generates $2.45 billion in revenue each year. The industrial products company earns $159.10 million in net income (profit) each year or $0.76 on an earnings per share basis. Ingersoll-Rand employs 6,600 workers across the globe.

The official website for Ingersoll-Rand is www.irco.com.

Ingersoll-Rand's mailing address is 222 EAST ERIE STREET STE 500, MILWAUKEE WI, 53202. The industrial products company can be reached via phone at 414-212-4700.