- Previous Close
163.26 - Open
163.57 - Bid 162.29 x 800
- Ask 163.22 x 1000
- Day's Range
162.48 - 164.18 - 52 Week Range
104.49 - 164.18 - Volume
2,233,014 - Avg. Volume
2,781,140 - Market Cap (intraday)
93.447B - Beta (5Y Monthly) 1.09
- PE Ratio (TTM)
40.29 - EPS (TTM)
4.04 - Earnings Date Oct 31, 2024
- Forward Dividend & Yield 1.80 (1.11%)
- Ex-Dividend Date Dec 13, 2024
- 1y Target Est
175.07
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. It operates through three segments: Exchanges, Fixed Income and Data Services, and Mortgage Technology. The company operates regulated marketplaces for listing, trading, and clearing an array of derivatives contracts and financial securities, such as commodities, interest rates, foreign exchange, and equities, as well as corporate and exchange-traded funds; and trading venues, including regulated exchanges and clearing houses. It also offers energy, agricultural and metals, and financial futures and options; and cash equities and equity options, and over-the-counter and other markets, as well as listings and data and connectivity services. In addition, the company provides fixed income data and analytic, fixed income execution, CDS clearing, and other multi-asset class data and network services. Further, it offers proprietary and comprehensive mortgage origination platform, which serves residential mortgage loans; closing solutions that provides customers connectivity to the mortgage supply chain and facilitates the secure exchange of information; data and analytics services; and Data as a Service for lenders to access data and origination information. Intercontinental Exchange, Inc. was founded in 2000 and is headquartered in Atlanta, Georgia.
www.ice.com12,937
Full Time Employees
December 31
Fiscal Year Ends
Sector
Financial Data & Stock Exchanges
Industry
Recent News: ICE
View MorePerformance Overview: ICE
Trailing total returns as of 10/4/2024, which may include dividends or other distributions. Benchmark is
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Statistics: ICE
View MoreValuation Measures
Market Cap
93.45B
Enterprise Value
114.59B
Trailing P/E
40.39
Forward P/E
24.27
PEG Ratio (5yr expected)
2.58
Price/Sales (ttm)
8.63
Price/Book (mrq)
3.50
Enterprise Value/Revenue
10.62
Enterprise Value/EBITDA
21.21
Financial Highlights
Profitability and Income Statement
Profit Margin
26.25%
Return on Assets (ttm)
1.91%
Return on Equity (ttm)
9.36%
Revenue (ttm)
8.81B
Net Income Avi to Common (ttm)
2.31B
Diluted EPS (ttm)
4.04
Balance Sheet and Cash Flow
Total Cash (mrq)
885M
Total Debt/Equity (mrq)
82.75%
Levered Free Cash Flow (ttm)
7.45B
Research Analysis: ICE
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Research Reports: ICE
View MoreDespite Headwinds, Mortgage Technology Is a Long-Term Opportunity for Intercontinental Exchange
Intercontinental Exchange is a vertically integrated operator of financial exchanges and provides ancillary data products. Though the company is probably best known for its ownership of the New York Stock Exchange, which it acquired in 2013, ICE operates a large derivatives exchange, too. The company's largest commodity futures product is the ICE Brent crude futures contract. In addition to the exchanges business, which is about 54% of net revenue, Intercontinental Exchange has used a series of acquisitions to create its mortgage technology business (22% of net revenue) and fixed-income and data services segment (24% of net revenue).
RatingPrice TargetIntercontinental Exchange Earnings: Strong Energy Futures Revenue Offsets Ongoing Mortgage Weakness
Intercontinental Exchange is a vertically integrated operator of financial exchanges and provides ancillary data products. Though the company is probably best known for its ownership of the New York Stock Exchange, which it acquired in 2013, ICE operates a large derivatives exchange, too. The company's largest commodity futures product is the ICE Brent crude futures contract. In addition to the exchanges business, which is about 56% of net revenue, Intercontinental Exchange has used a series of acquisitions to create its mortgage technology business (15% of net revenue) and fixed-income and data services segment (29% of net revenue).
RatingPrice TargetRaising target on improving mortgage revenues
Intercontinental Exchange is a network of regulated exchanges and clearing houses for financial and commodity markets, fixed-income pricing and analytics and a growing mortgage technology unit. The company has a multi-asset-class derivatives and cash market franchise, spanning interest rates, equity and equity derivatives, credit, foreign exchange, metals, and agricultural commodities. ICE operates the New York Stock Exchange.
RatingPrice TargetInsider buying tends to get more attention than insider selling. Indeed, Peter
Insider buying tends to get more attention than insider selling. Indeed, Peter Lynch famously noted that 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.' Up until recently, 2024 was a very good year for equity investors, with all-time highs booked on a regular basis. So as insiders grew increasingly cautious over the past few months, it was easy to assume they were simply taking a little off the top. But about four weeks ago, the caution became more pronounced, and we noted in recent commentaries that 'insiders have increased their selling activity;' and then 'insiders continue to...cash in;' and then insider sentiment is 'deeply into bearish territory.' Finally, last week, we detailed that certain sell/buy ratios from Vickers Stock Research were at their most-bearish levels since February of 2023. So insider caution turned into a bearish stampede. More important (and keeping in mind the words of Peter Lynch) is the following: Are insiders starting to think that prices are again attractive? Not yet. Current insider-sentiment readings from Vickers remain very bearish for a third week, with the action on the NYSE especially bleak. Meanwhile, the Insider Index from Vickers now sits at its most-bearish reading since August of 2021. This will all turn eventually -- and we plan to call it out. But for now, playing defense remains the order of the day it seems. On a sector basis, selling by insiders last week was greatest in Information Technology, with shares valued at $114 million sold versus roughly $19 million bought. Buying outpaced selling in Communication Services. This week, analysts at Vickers highlighted insider transactions of interest at Appian Corp. (NGM: APPN) and The St. Joe Co. (NYSE: JOE)