NYSE:IR - Ingersoll-Rand Stock Price, Forecast & News

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

Ingersoll-Rand announced a quarterly dividend on Thursday, October 3rd. Stockholders of record on Friday, December 6th will be paid a dividend of $0.53 per share on Tuesday, December 31st. This represents a $2.12 annualized dividend and a dividend yield of 1.58%. The ex-dividend date of this dividend is Thursday, December 5th. View Ingersoll-Rand's Dividend History.

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

Ingersoll-Rand PLC (NYSE:IR) issued its quarterly earnings data on Tuesday, October, 29th. The industrial products company reported $1.99 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.91 by $0.08. The industrial products company had revenue of $4.16 billion for the quarter, compared to analysts' expectations of $4.30 billion. Ingersoll-Rand had a return on equity of 21.72% and a net margin of 8.38%. The business's revenue was up 2.8% on a year-over-year basis. During the same period in the prior year, the business posted $1.75 EPS. View Ingersoll-Rand's Earnings History.

Ingersoll-Rand is scheduled to release their next quarterly earnings announcement on Wednesday, January 29th 2020. View Earnings Estimates for Ingersoll-Rand.

Ingersoll-Rand will be holding an earnings conference call on Wednesday, January 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Ingersoll-Rand issued an update on its FY19 earnings guidance on Tuesday, October, 29th. The company provided earnings per share (EPS) guidance of ~$6.40 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.38.

12 brokers have issued 12 month price objectives for Ingersoll-Rand's shares. Their forecasts range from $122.00 to $150.00. On average, they anticipate Ingersoll-Rand's share price to reach $136.92 in the next year. This suggests a possible upside of 2.2% from the stock's current price. View Analyst Price Targets for Ingersoll-Rand.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ingersoll-Rand in the last year. There are currently 2 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ingersoll-Rand.

Headlines about IR stock have trended somewhat positive recently, according to InfoTrie. InfoTrie identifies positive and negative media coverage by analyzing 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. Ingersoll-Rand earned a media 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, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Ingersoll-Rand.

Ingersoll-Rand saw a increase in short interest during the month of December. As of December 13th, there was short interest totalling 2,610,000 shares, an increase of 13.5% from the November 28th total of 2,300,000 shares. Based on an average daily volume of 1,340,000 shares, the short-interest ratio is presently 1.9 days. Currently, 1.1% of the company's stock are sold short. View Ingersoll-Rand's Current Options Chain.

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), Snap-on (SNA), Graco (GGG), Pentair (PNR), Woodward, Inc.Common Stock (WWD), Gardner Denver (GDI), Donaldson (DCI), Flowserve (FLS) and ITT (ITT).

Based on aggregate information from My MarketBeat watchlists, some companies that other Ingersoll-Rand investors own include Home Depot (HD), NVIDIA (NVDA), UnitedHealth Group (UNH), CVS Health (CVS), Johnson & Johnson (JNJ), Intel (INTC), Walt Disney (DIS), JPMorgan Chase & Co. (JPM), Bank of America (BAC) and Mastercard (MA).

Ingersoll-Rand's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Fenimore Asset Management Inc. (0.19%), PGGM Investments (0.15%), Hexavest Inc. (0.11%), Country Trust Bank (0.09%), Assenagon Asset Management S.A. (0.05%) and United Services Automobile Association (0.04%). Company insiders that own Ingersoll-Rand stock include Christopher J Kuehn, David S Regnery, Evan M Turtz, Jared L Cohon, Keith A Sultana, 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 PGGM Investments, Honkamp Krueger Financial Services Inc., Nisa Investment Advisors LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Hexavest Inc., State of Alaska Department of Revenue, United Services Automobile Association and Tocqueville Asset Management L.P.. Company insiders that have sold Ingersoll-Rand company stock in the last year include Christopher J Kuehn, David S Regnery, Evan M Turtz, Jared L Cohon, Keith A Sultana, Marcia J Avedon, Michael W Lamach, Paul A Camuti and Susan K Carter. View Insider Buying and Selling for Ingersoll-Rand.

IR stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Fenimore Asset Management Inc., Sciencast Management LP, Private Trust Co. NA, FormulaFolio Investments LLC, Ackerman Capital Advisors LLC, Merit Financial Group LLC and Steward Partners Investment Advisory LLC. View Insider Buying and Selling 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 $133.92.

Ingersoll-Rand has a market capitalization of $31.92 billion and generates $15.67 billion in revenue each year. The industrial products company earns $1.34 billion in net income (profit) each year or $5.61 on an earnings per share basis. Ingersoll-Rand employs 49,000 workers across the globe.View Additional Information About Ingersoll-Rand.

The official website for Ingersoll-Rand is http://www.company.ingersollrand.com/.

Ingersoll-Rand's mailing address is 170/175 LAKEVIEW DRIVE AIRSIDE BUSINESS PARK SWORDS, DUBLIN L2, 28036. The industrial products company can be reached via phone at 353-01-870-7400 or via email at [email protected]