Zacks Research Issues Optimistic Forecast for ICE Earnings

Intercontinental Exchange, Inc. (NYSE:ICE) – Analysts at Zacks Research upped their Q1 2025 earnings per share estimates for Intercontinental Exchange in a report released on Thursday, November 21st. Zacks Research analyst T. De now anticipates that the financial services provider will post earnings of $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 earnings results on Thursday, October 31st. The financial services provider reported $1.55 earnings per share for the quarter, meeting the consensus estimate of $1.55. Intercontinental Exchange had a net margin of 21.31% and a return on equity of 12.75%. The company had revenue of $2.35 billion for the quarter, compared to analyst estimates of $2.35 billion. During the same period in the previous year, the business posted $1.46 EPS. Intercontinental Exchange’s revenue was up 17.3% on a year-over-year basis.

Several other brokerages have also recently issued reports on ICE. The Goldman Sachs Group increased their price objective on Intercontinental Exchange from $171.00 to $185.00 and gave the company a “buy” rating in a research note on Thursday, October 3rd. Keefe, Bruyette & Woods reissued an “outperform” rating and issued a $168.00 price target on shares of Intercontinental Exchange in a research report on Tuesday, August 6th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Intercontinental Exchange from $160.00 to $163.00 and gave the stock a “hold” rating in a research report on Monday, November 11th. TD Cowen started coverage on Intercontinental Exchange in a research report on Thursday, September 26th. They set a “buy” rating and a $182.00 price objective for the company. Finally, Barclays dropped their price target on shares of Intercontinental Exchange from $179.00 to $173.00 and set an “overweight” rating on the stock in a research note on Friday, November 1st. Three research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Intercontinental Exchange currently has an average rating of “Moderate Buy” and an average target price of $174.13.

Intercontinental Exchange Trading Up 0.5 %

ICE opened at $160.49 on Monday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.68. The firm has a market cap of $92.15 billion, a P/E ratio of 38.03, a P/E/G ratio of 2.63 and a beta of 1.08. Intercontinental Exchange has a 52 week low of $111.82 and a 52 week high of $167.99. The business has a fifty day simple moving average of $160.55 and a 200-day simple moving average of $151.52.

Hedge Funds Weigh In On Intercontinental Exchange

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Janus Henderson Group PLC raised its position in Intercontinental Exchange by 326.3% in the third quarter. Janus Henderson Group PLC now owns 4,520,639 shares of the financial services provider’s stock valued at $726,196,000 after purchasing an additional 3,460,096 shares during the period. FMR LLC raised its holdings in shares of Intercontinental Exchange by 44.1% during the 3rd quarter. FMR LLC now owns 7,846,421 shares of the financial services provider’s stock valued at $1,260,449,000 after buying an additional 2,401,630 shares during the period. Two Sigma Advisers LP lifted its position in Intercontinental Exchange by 285.9% during the 3rd quarter. Two Sigma Advisers LP now owns 1,756,400 shares of the financial services provider’s stock worth $282,148,000 after acquiring an additional 1,301,200 shares in the last quarter. Manning & Napier Advisors LLC purchased a new position in Intercontinental Exchange in the 2nd quarter worth approximately $124,508,000. Finally, James Hambro & Partners purchased a new position in Intercontinental Exchange in the 2nd quarter worth approximately $93,340,000. Institutional investors and hedge funds own 89.30% of the company’s stock.

Insider Activity

In other news, COO Stuart Glen Williams sold 468 shares of Intercontinental Exchange stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of $162.81, for a total value of $76,195.08. Following the transaction, the chief operating officer now directly owns 13,530 shares of the company’s stock, valued at $2,202,819.30. The trade was a 3.34 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, General Counsel Andrew J. Surdykowski sold 2,048 shares of the stock in a transaction that occurred on Thursday, September 26th. The stock was sold at an average price of $159.57, for a total transaction of $326,799.36. Following the sale, the general counsel now directly owns 44,865 shares of the company’s stock, valued at approximately $7,159,108.05. This trade represents a 4.37 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 3,868 shares of company stock valued at $622,079 in the last ninety days. Company insiders own 1.10% of the company’s stock.

Intercontinental Exchange Company Profile

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.