With 2.35 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.29 million shares. During the session, the Banks – Diversified company that operates in wider Financial sector, reached to the highest price of $16.905 whereas the lowest price it dropped to was $16.745. The 52-week range on ING shows that it touched its highest point at $18.52 and its lowest point at $12.64 during that stretch. It currently has a 1-year price target of $18.90. With its current market cap of 50.62 billion, ING has annualized dividend of $1.18 while the current yield stands at 7.03%. ING paid its most recent dividend on 1723075200, while the ex-dividend date for that was 1736726400. Beta for the stock currently stands at 1.49.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ING was up-trending over the past week, with a rise of 3.25%, but this was up by 10.38% over a month. Three-month performance surged to 1.74% while six-month performance fell -7.24%. The stock gained 20.12% in the past year, while it has gained 8.62% so far this year. For the next quarter, that number is 0.41. This implies an EPS growth rate of -6.26% for this year and 0.50% for next year. EPS is expected to grow by 2.43% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 9.16%.
Float and Shares Shorts:
At present, 3.16 billion ING shares are outstanding with a float of 3.01 billion shares on hand for trading. On 2024-12-31, short shares totaled 1.68 million, which was 5.0 higher than short shares on 1732838400. In addition to Mr. Tanate Phutrakul as the firm’s CFO and Member of the Executive Board & Management Board Banking, Ms. Ljiljana Cortan serves as its CRO, Member of the Executive Board & Management Board Banking.
Institutional Ownership:
Through their ownership of 0.0552 of ING’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ING since 6 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ING analysts setting a high price target of 21.5 and a low target of 17.3, the average target price over the next 12 months is 19.4. Based on these targets, ING could surge 27.67% to reach the target high and rise by 2.73% to reach the target low. Reaching the average price target will result in a growth of 15.2% from current levels.
Analysts have provided yearly estimates in a range of $2.11839 being high and $2.07092 being low. For ING, this leads to a yearly average estimate of $2.08087. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
