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 20.5% and is now trading at $28.31. View which stocks have been most impacted by Coronavirus.

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." View analyst ratings for Ingersoll-Rand.

Ingersoll-Rand is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Ingersoll-Rand.

Ingersoll-Rand PLC (NYSE:IR) issued its earnings results on Tuesday, May, 12th. The industrial products company reported $0.25 EPS for the quarter, missing the consensus estimate of $0.27 by $0.02. The industrial products company earned $1.30 billion during the quarter, compared to analyst estimates of $1.27 billion. Ingersoll-Rand had a net margin of 2.86% and a return on equity of 2.12%. Ingersoll-Rand's revenue was down 63.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.38 earnings per share. View Ingersoll-Rand's earnings history.

Ingersoll-Rand declared a quarterly dividend on Thursday, February 6th. Shareholders of record on Friday, March 13th will be given a dividend of $0.53 per share on Tuesday, March 31st. This represents a $2.12 annualized dividend and a dividend yield of 7.49%. The ex-dividend date of this dividend is Thursday, March 12th. View Ingersoll-Rand's dividend history.

Ingersoll-Rand declared that its Board of Directors has initiated a stock buyback program on Wednesday, October 3rd 2018, which authorizes the company to buyback $1,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 6% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its shares are undervalued.

17 Wall Street analysts have issued 1-year price objectives for Ingersoll-Rand's shares. 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 year. This suggests a possible upside of 182.8% from the stock's current price. View analysts' price targets for Ingersoll-Rand.

News headlines about IR stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Ingersoll-Rand earned a media sentiment score of 1.3 on InfoTrie's scale. They also assigned headlines about the industrial products company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news about Ingersoll-Rand.

Some companies that are related to Ingersoll-Rand include Illinois Tool Works (ITW), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Xylem (XYL), IDEX (IEX), Nordson (NDSN), Graco (GGG), Snap-on (SNA), Pentair (PNR), Donaldson (DCI), Gardner Denver (GDI), Lincoln Electric (LECO), ITT (ITT) and Woodward, Inc.Common Stock (WWD). View all competitors.

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 many different retail and institutional investors. Top institutional investors include LGT Capital Partners LTD. (0.06%), State of Alaska Department of Revenue (0.05%), Envestnet Asset Management Inc. (0.04%), DNB Asset Management AS (0.02%), Fulton Bank N. A. (0.01%) and Canandaigua National Corp (0.00%). 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, Envestnet Asset Management Inc., and Livforsakringsbolaget Skandia Omsesidigt. 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., Fulton Bank N. A., Canandaigua National Corp, IBM Retirement Fund, TRUE Private Wealth Advisors, and Whittier Trust Co. of Nevada Inc.. 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 $28.31.

Ingersoll-Rand has a market capitalization of $11.79 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.