20.2 C
New York
Saturday, June 3, 2023

ICICI Bank Limited (NYSE: IBN): Is It A Buying Opportunity Again?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for ICICI Bank Limited (IBN) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.03, or -0.13%, to $22.62. The ICICI Bank Limited has recorded 13,428 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that RBC and ICICI Bank Canada collaborate to create a seamless banking experience for newcomers to Canada.

Unlock the Hottest Top 10 Penny Stocks Today! Discover Now

Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.

Gain Access to Top 10 Penny Stocks Now!.


Stocks Info

IBN belongs to the Financial sector of the NYSE while operating in the Banks – Regional industry. At the end of the last regular session, the stock closed at $22.65 and fluctuated between $22.77 as its day high and $22.61 as its day low. The current market capitalization of ICICI Bank Limited is $79.09B. A total of 2.49 million shares were traded on the day, compared to an average of 4.71M shares.


Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. ICICI Bank Limited pays an annual dividend of $0.13, resulting in a dividend yield of 0.56%, and it has a price to earnings (P/E) ratio of 19.58. IBN’s most recent ex-dividend date was 8/9/2022 when it declared a $0.1120 quarterly dividend that was paid in cash on 8/10/2022. Previously, the company paid the dividend on 8/9/2022 with an ex-dividend date of 8/9/2022. The IBN stock dividend was $0.1124 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for IBN in the last 3 months, the mean price target is $27.44 with high estimates of $30.52 and low estimates of $24.78. In terms of 52-week highs and lows, IBN has a high of $23.75 and a low of $17.07.

As of this writing, IBN has an earnings estimate of $0.3 per share for the current quarter. EPS was calculated based on a consensus of 1 estimates, with a high estimate of $0.3 per share and a lower estimate of $0.3. The company reported an EPS of $0.28 in the last quarter, which was 3.70% higher than expectations of $0.27.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. Its Book Value Per Share was $7.10, while its Total Shareholder’s Equity was $1.88T.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for IBN is Buy with a score of 5.00.

Related Articles


Please enter your comment!
Please enter your name here

Latest Articles