Zacks Research Issues Optimistic Estimate for ICE Earnings

Intercontinental Exchange, Inc. (NYSE:ICE) – Stock analysts at Zacks Research boosted their Q1 2025 earnings per share (EPS) estimates for shares of Intercontinental Exchange in a research report issued on Thursday, November 21st. Zacks Research analyst T. De now forecasts that the financial services provider will post earnings of $1.65 per share for the quarter, up from their previous forecast 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.

Several other equities analysts also recently issued reports on ICE. Piper Sandler increased their price objective on shares of Intercontinental Exchange from $170.00 to $180.00 and gave the company an “overweight” rating in a report on Tuesday, October 8th. StockNews.com raised shares of Intercontinental Exchange from a “sell” rating to a “hold” rating in a research note on Tuesday, November 12th. Raymond James cut Intercontinental Exchange from a “strong-buy” rating to an “outperform” rating and set a $185.00 target price for the company. in a report on Monday, October 14th. Deutsche Bank Aktiengesellschaft lifted their price target on Intercontinental Exchange from $160.00 to $163.00 and gave the stock a “hold” rating in a research note on Monday, November 11th. Finally, Barclays reduced their target price on shares of Intercontinental Exchange from $179.00 to $173.00 and set an “overweight” rating for the company in a research report on Friday, November 1st. Three analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to MarketBeat.com, Intercontinental Exchange currently has an average rating of “Moderate Buy” and a consensus price target of $174.13.

Intercontinental Exchange Price Performance

Intercontinental Exchange stock opened at $159.29 on Monday. The stock has a market capitalization of $91.46 billion, a P/E ratio of 37.75, a P/E/G ratio of 2.62 and a beta of 1.08. The company’s fifty day moving average price is $160.64 and its 200 day moving average price is $151.16. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.00 and a current ratio of 1.00. Intercontinental Exchange has a 1 year low of $111.82 and a 1 year high of $167.99.

Intercontinental Exchange (NYSE:ICE) last issued its quarterly earnings data on Thursday, October 31st. The financial services provider reported $1.55 EPS for the quarter, meeting the consensus estimate of $1.55. The company had revenue of $2.35 billion for the quarter, compared to analyst estimates of $2.35 billion. Intercontinental Exchange had a return on equity of 12.75% and a net margin of 21.31%. Intercontinental Exchange’s quarterly revenue was up 17.3% compared to the same quarter last year. During the same period last year, the company earned $1.46 earnings per share.

Institutional Investors Weigh In On Intercontinental Exchange

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. State Street Corp raised its position in Intercontinental Exchange by 1.2% in the third quarter. State Street Corp now owns 23,651,598 shares of the financial services provider’s stock valued at $3,799,393,000 after purchasing an additional 281,503 shares during the period. Geode Capital Management LLC raised its holdings in shares of Intercontinental Exchange by 1.5% in the 3rd quarter. Geode Capital Management LLC now owns 11,555,615 shares of the financial services provider’s stock valued at $1,848,868,000 after buying an additional 169,922 shares during the period. FMR LLC lifted its stake in Intercontinental Exchange by 44.1% during the 3rd quarter. FMR LLC now owns 7,846,421 shares of the financial services provider’s stock worth $1,260,449,000 after acquiring an additional 2,401,630 shares in the last quarter. Parnassus Investments LLC grew its position in Intercontinental Exchange by 4.0% in the 3rd quarter. Parnassus Investments LLC now owns 7,838,727 shares of the financial services provider’s stock valued at $1,259,213,000 after acquiring an additional 299,037 shares in the last quarter. Finally, Janus Henderson Group PLC increased its stake in Intercontinental Exchange by 326.3% during the third quarter. Janus Henderson Group PLC now owns 4,520,639 shares of the financial services provider’s stock worth $726,196,000 after purchasing an additional 3,460,096 shares during the period. 89.30% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, General Counsel Andrew J. Surdykowski sold 2,048 shares of the company’s stock in a transaction on Thursday, September 26th. The stock was sold at an average price of $159.57, for a total value of $326,799.36. Following the transaction, the general counsel now owns 44,865 shares of the company’s stock, valued at $7,159,108.05. This represents a 4.37 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Judith A. Sprieser sold 1,941 shares of the firm’s stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of $160.69, for a total value of $311,899.29. Following the sale, the director now directly owns 26,908 shares of the company’s stock, valued at $4,323,846.52. The trade was a 6.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 5,809 shares of company stock valued at $933,978 over the last quarter. 1.10% of the stock is owned by insiders.

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.