Intercontinental Exchange (NYSE:ICE – Get Free Report) posted its quarterly earnings data on Thursday. The financial services provider reported $1.48 EPS for the quarter, hitting analysts’ consensus estimates of $1.48, Briefing.com reports. The firm had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.31 billion. Intercontinental Exchange had a return on equity of 12.76% and a net margin of 24.24%. The firm’s quarterly revenue was up 20.8% compared to the same quarter last year. During the same quarter last year, the business posted $1.41 EPS.
Intercontinental Exchange Stock Up 3.1 %
Shares of NYSE:ICE opened at $130.50 on Friday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.00 and a current ratio of 1.01. Intercontinental Exchange has a 1 year low of $103.81 and a 1 year high of $140.43. The stock has a market capitalization of $74.73 billion, a P/E ratio of 29.93, a PEG ratio of 2.14 and a beta of 1.02. The stock has a 50-day simple moving average of $135.01 and a 200-day simple moving average of $125.81.
Intercontinental Exchange Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Thursday, June 13th will be issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date of this dividend is Thursday, June 13th. Intercontinental Exchange’s payout ratio is currently 41.28%.
Analyst Ratings Changes
Read Our Latest Stock Report on ICE
Insider Transactions at Intercontinental Exchange
In related news, insider Elizabeth Kathryn King sold 3,783 shares of the business’s stock in a transaction that occurred on Thursday, February 8th. The stock was sold at an average price of $132.03, for a total transaction of $499,469.49. Following the transaction, the insider now directly owns 17,242 shares of the company’s stock, valued at approximately $2,276,461.26. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, CFO Warren Gardiner sold 2,176 shares of the business’s stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $136.00, for a total transaction of $295,936.00. Following the transaction, the chief financial officer now directly owns 12,061 shares of the company’s stock, valued at approximately $1,640,296. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Elizabeth Kathryn King sold 3,783 shares of the business’s stock in a transaction that occurred on Thursday, February 8th. The stock was sold at an average price of $132.03, for a total value of $499,469.49. Following the transaction, the insider now directly owns 17,242 shares in the company, valued at $2,276,461.26. The disclosure for this sale can be found here. In the last quarter, insiders sold 157,832 shares of company stock worth $21,499,127. 1.10% of the stock is currently owned by company insiders.
About Intercontinental Exchange
Intercontinental Exchange, Inc, together with its subsidiaries, engages in the provision of market infrastructure, data services, and technology solutions for financial institutions, corporations, and government entities in the United States, the United Kingdom, the European Union, Singapore, India, Abu Dhabi, Israel, and Canada.
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