Intercontinental Exchange
About: Intercontinental Exchange is a vertically integrated operator of financial exchanges and provides ancillary data products. Though the company is probably best known for its ownership of the New York Stock Exchange, which it acquired in 2013, ICE operates a large derivatives exchange, too. The company's largest commodity futures product is the ICE Brent crude futures contract. In addition to the exchanges business, which is about 54% of net revenue, Intercontinental Exchange has used a series of acquisitions to create its mortgage technology business (22% of net revenue) and fixed-income and data services segment (24% of net revenue).
Employees: 12,937
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 10 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
148% more first-time investments, than exits
New positions opened: 191 | Existing positions closed: 77
44% more funds holding in top 10
Funds holding in top 10: 43 [Q2] → 62 (+19) [Q3]
10% more capital invested
Capital invested by funds: $73.9B [Q2] → $81.5B (+$7.61B) [Q3]
8% more funds holding
Funds holding: 1,452 [Q2] → 1,566 (+114) [Q3]
8% more repeat investments, than reductions
Existing positions increased: 607 | Existing positions reduced: 560
7% less call options, than puts
Call options by funds: $565M | Put options by funds: $607M
5.68% less ownership
Funds ownership: 94.12% [Q2] → 88.44% (-5.68%) [Q3]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$163
8%
upside
Avg. target
$182
20%
upside
High target
$200
32%
upside
10 analyst ratings
8 positive
80%
2 neutral
20%
0 negative
0%
Barclays Benjamin Budish 70% 1-year accuracy 73 / 104 met price target | 24%upside $187 | Overweight Maintained | 9 Dec 2024 |
Deutsche Bank Brian Bedell 70% 1-year accuracy 28 / 40 met price target | 8%upside $163 | Hold Maintained | 11 Nov 2024 |
RBC Capital Ashish Sabadra 65% 1-year accuracy 33 / 51 met price target | 32%upside $200 | Outperform Reiterated | 1 Nov 2024 |
JP Morgan Ken Worthington 50% 1-year accuracy 2 / 4 met price target | 24%upside $188 | Overweight Maintained | 23 Oct 2024 |
Morgan Stanley Michael Cyprys 74% 1-year accuracy 25 / 34 met price target | 15%upside $174 | Equal-Weight Maintained | 17 Oct 2024 |
Financial journalist opinion
Based on 20 articles about ICE published over the past 30 days
Neutral
Business Wire
3 days ago
ICE First Look at Mortgage Performance: Delinquencies Hit Highest Level in Nearly Three Years; Prepayments Drop on Higher Rates
ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, reports the following “first look” at November 2024 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market. Data as of Nov. 30, 2024 Total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure): 3.74% Month-over-month change: 8.38% Year-over-year change: 10.
Neutral
PRNewsWire
6 days ago
NYSE CONTENT ADVISORY: PRE MARKET UPDATE AND WEEKLY RECAP DECEMBER 20, 2024
NEW YORK , Dec. 20, 2024 /PRNewswire/ -- The New York Stock Exchange (NYSE) is proud to offer a new daily pre-market update and additional content directly from the iconic NYSE Trading Floor. Access today's NYSE Pre-market update as well as a Weekly Recap for market insights and other content before trading begins.
Neutral
PRNewsWire
1 week ago
NYSE CONTENT ADVISORY: PRE MARKET UPDATE AND EOY VIDEO DECEMBER 19, 2024
NEW YORK , Dec. 19, 2024 /PRNewswire/ -- The New York Stock Exchange (NYSE) is proud to offer a new daily pre-market update and additional content directly from the iconic NYSE Trading Floor. Access today's NYSE Pre-market update for market insights and other content before trading begins.
Neutral
PRNewsWire
1 week ago
NEW YORK STOCK EXCHANGE PRE-MARKET UPDATE DECEMBER 16, 2024
Exclusive Market Insights Recorded Daily from the NYSE Trading Floor NEW YORK , Dec. 16, 2024 /PRNewswire/ -- The New York Stock Exchange (NYSE) is proud to offer a new daily pre-market update and additional content directly from the iconic NYSE Trading Floor. Access the new Daily NYSE Pre-market update and additional content here: https://www.multivu.com/nyse/9306251-en-new-york-stock-exchange-pre-market-update DAILY NYSE PRE-MARKET UPDATE Kristen Scholer, Senior Markets Anchor, NYSE, delivers a daily pre-market update that includes key insights into the trading day ahead leading up to the NYSE's Opening Bell.
Positive
Seeking Alpha
1 week ago
Inflation-Proof Profits: My Favorite Dividend Stocks For Any Market
Inflation poses a challenge to dividend investors. While stocks offer long-term protection, short-term volatility requires strategic stock picking. Companies with pricing power and low input costs are key. Focus on revenue growth and controlled operating expenses. Business models like royalties, exchange operators, and streamers offer unique advantages during inflationary times. My analysis highlights investments positioned to thrive in this environment, offering both stability and growth. Prioritizing favorable revenue and cost dynamics ensures long-term dividend success.
Neutral
Business Wire
2 weeks ago
ICE Launches MSCI® MarketAxess Tradable Corporate Bond Index Futures to Help Investors Hedge Corporate Bond Exposure
NEW YORK & LONDON--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, and home to the most liquid markets for trading MSCI® futures, today announced the launch of MSCI® MarketAxess Tradable Corporate Bond Index futures. The futures contracts will be based on MSCI and MarketAxess' newly created corporate bond indices. These tradable indices aim to provide a benchmark for the performance of the corporate bond market, incorporating secto.
Neutral
Zacks Investment Research
2 weeks ago
Zacks Industry Outlook Intercontinental Exchange, CME Group, Nasdaq, Cboe Global Markets and MarketAxess
Intercontinental Exchange, CME Group, Nasdaq, Cboe Global Markets and MarketAxess have been highlighted in this Industry Outlook article.
Neutral
Zacks Investment Research
2 weeks ago
5 Stocks to Watch From the Prospering Securities and Exchanges Industry
Product innovation, increased market volatility and a strategic economic market model are expected to aid Securities and Exchanges stocks like ICE, CME, NDAQ, CBOE and MKTX. However, compliance with regulations remains a challenge.
Neutral
Business Wire
2 weeks ago
ICE Midland WTI (HOU) Reaches Record Open Interest and Delivers a Record 20 million Barrels of Midland WTI Crude During November
HOUSTON--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced that its ICE Midland WTI (ICE:HOU) crude futures reached record open interest of 160,600 contracts on November 20, 2024, up over 130% year-over-year (y/y). Since launch, HOU has grown into a widely accepted benchmark price for Midland-origin and Midland-quality crude. A record 20 million barrels of Midland WTI crude were delivered through the exchange settlemen.
Neutral
Business Wire
2 weeks ago
NYSE Group Consolidated Short Interest Report
NEW YORK--(BUSINESS WIRE)--NYSE today reported short interest as of the close of business on the settlement date of November 29, 2024. SETTLEMENT DATE EXCHANGE TOTAL CURRENT SHORT INTEREST TOTAL PREVIOUS SHORT INTEREST (Revised) NUMBER of SECURITIES with a SHORT POSITION NUMBER of SECURITIES with a POSITION >= 5,000 SHARES 11/29/2024 NYSE 13,366,586,992 13,377,346,372 2,889 2,607 11/29/2024 NYSE Arca 1,849,453,444 1,963,205,651 2,185 1,452 11/29/2024 NYSE American 609,516,026 630,995,806 320.
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