ITT Stock Price, News & Analysis (NYSE:ITT)

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

ITT announced a quarterly dividend on Thursday, October 10th. Investors 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 annualized dividend and a dividend yield of 1.01%. The ex-dividend date of this dividend is Friday, December 6th. View ITT's Dividend History.

ITT announced that its board has approved a share repurchase program on Saturday, February 17th 2018, which allows the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board believes its shares are undervalued.

ITT Inc (NYSE:ITT) issued its quarterly earnings results on Friday, August, 2nd. The conglomerate reported $0.93 earnings per share for the quarter, topping analysts' consensus estimates of $0.89 by $0.04. The conglomerate earned $719.90 million during the quarter, compared to analysts' expectations of $703.80 million. ITT had a net margin of 10.85% and a return on equity of 16.68%. During the same quarter last year, the firm earned $0.82 EPS. View ITT's Earnings History.

ITT is scheduled to release their next quarterly earnings announcement on Friday, November 1st 2019. View Earnings Estimates for ITT.

ITT updated its FY19 earnings guidance on Friday, August, 2nd. The company provided EPS guidance of $3.58-3.68 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.61. The company issued revenue guidance of +3-5% yr/yr to ~$2.83-2.88 billion, compared to the consensus revenue estimate of $2.85 billion.

4 Wall Street analysts have issued 12 month price objectives for ITT's stock. Their forecasts range from $60.00 to $72.00. On average, they anticipate ITT's stock price to reach $66.50 in the next twelve months. This suggests a possible upside of 14.4% from the stock's current price. View Analyst Price Targets for ITT.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ITT in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for ITT.

Headlines about ITT stock have trended very negative recently, according to InfoTrie. The research group identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. ITT earned a media sentiment score of -3.8 on InfoTrie's scale. They also gave news coverage about the conglomerate a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for ITT.

ITT saw a increase in short interest during the month of September. As of September 30th, there was short interest totalling 1,630,000 shares, an increase of 13.2% from the August 30th total of 1,440,000 shares. Based on an average daily volume of 522,900 shares, the days-to-cover ratio is presently 3.1 days. Approximately 1.9% of the company's shares are short sold. View ITT's Current Options Chain.

Some companies that are related to ITT include Xylem (XYL), IDEX (IEX), Graco (GGG), Flowserve (FLS), Colfax (CFX), Gorman-Rupp (GRC) and Ampco-Pittsburgh (AP).

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 many different of retail and institutional investors. Top institutional shareholders include Artemis Investment Management LLP (0.34%), Landmark Bank (0.04%), Pacer Advisors Inc. (0.04%), State of Alaska Department of Revenue (0.03%), Crossmark Global Holdings Inc. (0.01%) and Cerebellum GP LLC (0.01%). Company insiders that own ITT stock include Denise L Ramos, Farrokh Batliwala, Jerahmiel Samson Grafstein, 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 Artemis Investment Management LLP, Cerebellum GP LLC, Pacer Advisors Inc. and Crossmark Global Holdings Inc.. Company insiders that have sold ITT company stock in the last year include Farrokh Batliwala and Thomas M Scalera. View Insider Buying and Selling for ITT.

ITT stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Cerebellum GP LLC, North Star Investment Management Corp. and Landmark Bank. 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 $58.15.

ITT has a market capitalization of $5.12 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]