NYSE:ITT - ITT Stock Price, Forecast & News

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

ITT declared a quarterly dividend on Thursday, October 10th. Shareholders of record on Monday, December 9th will be paid a dividend of $0.147 per share on Monday, December 30th. This represents a $0.59 dividend on an annualized basis and a yield of 0.81%. The ex-dividend date of this dividend is Friday, December 6th. View ITT's Dividend History.

ITT announced that its board has initiated a stock repurchase program on Friday, November 1st 2019, which permits the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 8.8% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's leadership believes its shares are undervalued.

ITT Inc (NYSE:ITT) posted its earnings results on Friday, November, 1st. The conglomerate reported $0.97 EPS for the quarter, topping the consensus estimate of $0.90 by $0.07. The conglomerate earned $711.90 million during the quarter, compared to analysts' expectations of $707.57 million. ITT had a net margin of 11.00% and a return on equity of 16.92%. ITT's quarterly revenue was up 4.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.82 EPS. View ITT's Earnings History.

ITT is scheduled to release their next quarterly earnings announcement on Friday, February 28th 2020. View Earnings Estimates for ITT.

ITT issued an update on its FY19 earnings guidance on Friday, November, 1st. The company provided earnings per share (EPS) guidance of $3.73-3.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.61.

7 analysts have issued 1-year target prices for ITT's shares. Their forecasts range from $60.00 to $81.00. On average, they anticipate ITT's stock price to reach $73.86 in the next twelve months. This suggests a possible upside of 1.8% from the stock's current price. View Analyst Price Targets for ITT.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ITT in the last year. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for ITT.

News coverage about ITT stock has been trending somewhat negative on Saturday, according to InfoTrie Sentiment. The research group ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. ITT earned a coverage optimism score of -1.8 on InfoTrie's scale. They also assigned headlines about the conglomerate a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for ITT.

ITT saw a decline in short interest in November. As of November 29th, there was short interest totalling 1,150,000 shares, a decline of 16.7% from the November 14th total of 1,380,000 shares. Based on an average trading volume of 569,100 shares, the days-to-cover ratio is presently 2.0 days. Currently, 1.3% of the shares of the stock are short sold. View ITT's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other ITT investors own include CA (CA), Hawkins (HWKN), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), Aegean Marine Petroleum Network (ANW), Precision Drilling (PD), NIC (EGOV) and Och-Ziff Capital Management Group (OZM).

ITT's stock is owned by a number of of institutional and retail investors. Top institutional investors include Boston Partners (3.02%), State Street Corp (2.50%), Massachusetts Financial Services Co. MA (1.99%), Paradice Investment Management LLC (1.69%), Gabelli Funds LLC (0.61%) and Gamco Investors INC. ET AL (0.58%). Company insiders that own ITT stock include Denise L Ramos, Farrokh Batliwala, Frank T Macinnis, Mary Elizabeth Gustafsson, Orlando D Ashford, Steven C Giuliano, Thomas M Scalera and Victoria L Creamer. View Institutional Ownership Trends for ITT.

ITT stock was sold by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Squarepoint Ops LLC, Keeley Teton Advisors LLC, Gamco Investors INC. ET AL, First Trust Advisors LP, State Street Corp, Man Group plc and Castleark Management LLC. Company insiders that have sold ITT company stock in the last year include Farrokh Batliwala, Frank T Macinnis, Mary Elizabeth Gustafsson, Orlando D Ashford and Thomas M Scalera. View Insider Buying and Selling for ITT.

ITT stock was bought by a variety of institutional investors in the last quarter, including Paradice Investment Management LLC, Millennium Management LLC, Wedge Capital Management L L P NC, Massachusetts Financial Services Co. MA, California Public Employees Retirement System, State of Tennessee Treasury Department, Voya Investment Management LLC and TimesSquare Capital Management LLC. View Insider Buying and Selling for ITT.

Shares of ITT 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 ITT stock can currently be purchased for approximately $72.54.

ITT has a market capitalization of $6.36 billion and generates $2.75 billion in revenue each year. The conglomerate earns $333.70 million in net income (profit) each year or $3.23 on an earnings per share basis. ITT employs 10,000 workers across the globe.View Additional Information About ITT.

The official website for ITT is http://www.itt.com/.

ITT's mailing address is 1133 WESTCHESTER AVENUE, WHITE PLAINS NY, 10604. The conglomerate can be reached via phone at 914-641-2000 or via email at [email protected]