Zacks Research Issues Optimistic Estimate for ICE Earnings

Intercontinental Exchange, Inc. (NYSE:ICE) – Stock analysts at Zacks Research lifted their Q1 2025 earnings estimates for Intercontinental Exchange in a research report issued to clients and investors on Thursday, November 21st. Zacks Research analyst T. De now anticipates that the financial services provider will earn $1.65 per share for the quarter, up from their prior estimate of $1.64. The consensus estimate for Intercontinental Exchange’s current full-year earnings is $6.07 per share. Zacks Research also issued estimates for Intercontinental Exchange’s Q2 2025 earnings at $1.63 EPS, Q4 2025 earnings at $1.79 EPS, FY2025 earnings at $6.73 EPS, Q1 2026 earnings at $1.94 EPS and FY2026 earnings at $7.42 EPS.

Intercontinental Exchange (NYSE:ICE) last posted its quarterly earnings results on Thursday, October 31st. The financial services provider reported $1.55 EPS for the quarter, meeting the consensus estimate of $1.55. Intercontinental Exchange had a return on equity of 12.75% and a net margin of 21.31%. The firm had revenue of $2.35 billion during the quarter, compared to analysts’ expectations of $2.35 billion. During the same quarter in the prior year, the firm posted $1.46 EPS. The company’s revenue for the quarter was up 17.3% on a year-over-year basis.

ICE has been the subject of a number of other reports. Bank of America raised their price objective on shares of Intercontinental Exchange from $168.00 to $175.00 and gave the stock a “buy” rating in a report on Thursday, October 3rd. The Goldman Sachs Group lifted their price objective on Intercontinental Exchange from $171.00 to $185.00 and gave the company a “buy” rating in a report on Thursday, October 3rd. TD Cowen began coverage on Intercontinental Exchange in a research note on Thursday, September 26th. They issued a “buy” rating and a $182.00 price objective on the stock. Royal Bank of Canada restated an “outperform” rating and set a $200.00 target price on shares of Intercontinental Exchange in a research report on Friday, November 1st. Finally, Deutsche Bank Aktiengesellschaft upped their price target on Intercontinental Exchange from $160.00 to $163.00 and gave the company a “hold” rating in a research report on Monday, November 11th. Three analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $174.13.

Intercontinental Exchange Stock Up 0.2 %

ICE opened at $159.60 on Monday. The company has a market capitalization of $91.64 billion, a P/E ratio of 37.82, a P/E/G ratio of 2.63 and a beta of 1.08. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.00 and a quick ratio of 1.00. The firm’s fifty day moving average price is $160.59 and its two-hundred day moving average price is $151.34. Intercontinental Exchange has a fifty-two week low of $111.82 and a fifty-two week high of $167.99.

Insider Buying and Selling at Intercontinental Exchange

In other news, CFO Warren Gardiner sold 750 shares of the company’s stock in a transaction on Monday, September 9th. The stock was sold at an average price of $161.43, for a total transaction of $121,072.50. Following the transaction, the chief financial officer now owns 16,576 shares of the company’s stock, valued at $2,675,863.68. This represents a 4.33 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, General Counsel Andrew J. Surdykowski sold 2,048 shares of Intercontinental Exchange stock in a transaction dated Thursday, September 26th. The stock was sold at an average price of $159.57, for a total value of $326,799.36. Following the completion of the sale, the general counsel now owns 44,865 shares of the company’s stock, valued at approximately $7,159,108.05. The trade was a 4.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 3,868 shares of company stock worth $622,079. 1.10% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of ICE. New Millennium Group LLC bought a new position in Intercontinental Exchange in the second quarter valued at approximately $25,000. International Assets Investment Management LLC acquired a new position in shares of Intercontinental Exchange in the 2nd quarter valued at $25,000. Fairscale Capital LLC acquired a new stake in shares of Intercontinental Exchange during the second quarter worth $25,000. Wolff Wiese Magana LLC increased its holdings in Intercontinental Exchange by 1,470.0% in the third quarter. Wolff Wiese Magana LLC now owns 157 shares of the financial services provider’s stock valued at $25,000 after purchasing an additional 147 shares during the last quarter. Finally, Northwest Investment Counselors LLC bought a new stake in Intercontinental Exchange in the third quarter valued at about $26,000. Institutional investors own 89.30% of the company’s stock.

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.