After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Intercontinental Exchange Inc. (ICE) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.67, or 0.58%, to $115.90. The Intercontinental Exchange Inc. has recorded 479,446 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that NYSE President and ICE Fixed Income & Data Services Chair Lynn Martin to Present at the UBS Fintech Leaders Conference on September 14.
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Stocks Info
Intercontinental Exchange Inc. is listed on the NYSE as a member of the Financial sector and is a part of the Financial Data & Stock Exchanges industry. At the end of the last regular session, the stock closed at $115.23 and fluctuated between $115.49 as its day high and $112.97 as its day low. The current market capitalization of Intercontinental Exchange Inc. is $65.10B. A total of 2.62 million shares were traded on the day, compared to an average of 2.35M shares.
Insider Activity
Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, ICE has seen 1 BUY and 5 SELL insider trades, representing the acquisition of 3,000 and the disposition of 5,536 shares. Over the last 12 months, there were 35 BUYs and 78 SELLs from insiders. Insiders purchased 367,201 shares during that period but sold 520,725.
In the most recent transaction, Foley Douglas sold 1,600 shares of ICE for 113.99 per share on Aug 23. After the transaction, the SVP, HR & Administration now owns 18,402 company shares. In a previous transaction on Aug 21, Tirinnanzi Martha A sold 496 shares at 113.56 per share. ICE shares that Director owns now total 2,878.
Among the insiders who sold shares, Tirinnanzi Martha A disposed of 496 shares on Aug 16 at a per-share price of $113.97. This resulted in the Director holding 3,374 shares of ICE after the transaction. In another insider transaction, Jackson Benjamin sold 3,000 shares at $115.54 per share on Jul 12. Company shares held by the President now total 125,647.
Dividend
It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Intercontinental Exchange Inc. pays an annual dividend of $1.68, resulting in a dividend yield of 1.46%, and it has a price to earnings (P/E) ratio of 38.32. ICE’s most recent ex-dividend date was 9/14/2023 when it declared a $0.42 quarterly dividend that was paid in cash on 9/29/2023. Previously, the company paid the dividend on 6/30/2023 with an ex-dividend date of 6/14/2023. The ICE stock dividend was $0.42 per share in cash.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for ICE in the last 3 months, the mean price target is $133.34 with high estimates of $168.00 and low estimates of $118.00. In terms of 52-week highs and lows, ICE has a high of $118.79 and a low of $88.60.
As of this writing, ICE has an earnings estimate of $1.4 per share for the current quarter. EPS was calculated based on a consensus of 13 estimates, with a high estimate of $1.49 per share and a lower estimate of $1.26. The company reported an EPS of $1.41 in the last quarter, which was 0.70% higher than expectations of $1.4.
Balance Sheet Annually/Quarterly
A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. ICE’s latest balance sheet shows that the firm has $607.00M in Cash & Short Term Investments as of fiscal 2021. There were $14.17B in debt and $153.41B in liabilities at the time. Its Book Value Per Share was $42.54, while its Total Shareholder’s Equity was $22.75B.
Analysts Opinion
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. 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 ICE is Buy with a score of 4.33.
