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ING GROEP (GB:0RIC)
LSE:0RIC
ING GROEP (0RIC) Share Price & Analysis
1 Followers
0RIC Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€10.68 - €17.13
Previous Close€17.07
Volume7.82M
Average Volume (3M)4.10M
Market Cap
€55.66B
Enterprise Value€294.42B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$259.13B
Price to Earnings (P/E)8.2
Beta1.34
Next Earnings
Aug 01, 2024EPS Estimate
€0.5Last Dividend Ex-Date
Apr 24, 2024Dividend Yield6.57%
Share Statistics
EPS (TTM)2.08
Shares Outstanding3,303,381,926
10 Day Avg. Volume3,804,303
30 Day Avg. Volume4,103,314
Standard Deviation0.11
R-Squared0.52
Alpha0.00328
Financial Highlights & Ratios
Price to Book (P/B)0.86
Price to Sales (P/S)1.16
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue31.33
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€18.79Price Target Upside10.10% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
ING GROEP News
PremiumCompany Announcements
ING Advances in Multi-Billion Share Buyback Plan
PremiumCompany Announcements
ING Advances Share Buyback Program
PremiumCompany Announcements
ING Advances in Multibillion Share BuybackPremiumCompany Announcements
ING Groep Advances on Multi-Billion Buyback Plan
PremiumCompany Announcements
ING Groep Advances in Share Buyback Program
Bulls Say, Bears Say
Bulls Say
Financial PerformanceING announced a 14% ROTE target by 2027, higher than consensus 13.6%.
Market PositionGermany is now the largest market in terms of profitability and a key focus for growth.
Shareholder ReturnsING will return approximately 40% of market cap to shareholders over the 3 years 2024-26 while maintaining a dividend payout ratio at 50%.
Bears Say
Cost Saving ActionsING didn't announce any material cost saving actions as expected.
Net Attributable IncomeNet attributable income is expected to decrease by 14% year on year, in line with Visible Alpha Consensus Data.
Net Interest IncomeNII growth should remain limited in the next 3 years.
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Options Prices
Currently, No data available
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Ownership Overview
0.00%
Insiders
17.70% Mutual Funds
11.08% Other Institutional Investors
71.22% Public Companies and
Individual Investors
0RIC FAQ
What was ING GROEP’s price range in the past 12 months?
ING GROEP lowest share price was €10.68 and its highest was €17.13 in the past 12 months.
What is ING GROEP’s market cap?
Currently, no data Available
When is ING GROEP’s upcoming earnings report date?
ING GROEP’s upcoming earnings report date is Aug 01, 2024 which is in 9 days.
How were ING GROEP’s earnings last quarter?
ING GROEP released its earnings results on May 02, 2024. The company reported €0.48 earnings per share for the quarter, beating the consensus estimate of €0.419 by €0.061.
Is ING GROEP overvalued?
According to Wall Street analysts ING GROEP’s price is currently Undervalued.
Does ING GROEP pay dividends?
ING GROEP pays a Annually dividend of €0.76 which represents an annual dividend yield of 6.57%. See more information on ING GROEP dividends here
What is ING GROEP’s EPS estimate?
ING GROEP’s EPS estimate is €0.5.
How many shares outstanding does ING GROEP have?
ING GROEP has 3,303,381,800 shares outstanding.
What happened to ING GROEP’s price movement after its last earnings report?
ING GROEP reported an EPS of €0.48 in its last earnings report, beating expectations of €0.419. Following the earnings report the stock price went up 5.451%.
Which hedge fund is a major shareholder of ING GROEP?
Currently, no hedge funds are holding shares in GB:0RIC
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ING GROEP Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
€18.79 (10.10% Upside)
€18.79 (10.10% Upside)
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
38.87%
12-Months-Change
Fundamentals
Return on Equity
13.88%
Trailing 12-Months
Asset Growth
0.75%
Trailing 12-Months
Company Description
ING GROEP
The merger of the Dutch postal bank and NN Insurance in 1991 created ING. Through a series of further acquisitions ING build up a global footprint. The 2008 financial crisis forced ING to seek government support--a precondition of which--was that ING should separate its banking and insurance activities, which saw ING revert to being solely a bank. ING has market- leading banking operations in the Netherlands and Belgium, and a range of digital banks across Europe and Australia. Its global wholesale banking operation is primarily focused on lending.
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0RIC Stock 12 Month Forecast
Average Price Target
€18.79
▲(10.10% Upside)
Technical Analysis
Best Analysts Covering 0RIC
1 Year
1 Year Success Rate
21/28 ratings generated profit
1 Year Average Return
+31.96%
reiterated a buy rating 12 months ago
Copying Jon Peace's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +31.96% per trade.
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