Should I buy or sell Ingredion stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ingredion in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" INGR shares. View INGR analyst ratings or view top-rated stocks .

What is Ingredion's stock price target for 2024?

6 analysts have issued 12-month price targets for Ingredion's shares. Their INGR share price targets range from $117.00 to $136.00. On average, they predict the company's stock price to reach $126.67 in the next year. This suggests a possible upside of 10.8% from the stock's current price. View analysts price targets for INGR or view top-rated stocks among Wall Street analysts .

How have INGR shares performed in 2024?

Ingredion's stock was trading at $108.53 at the beginning of the year. Since then, INGR stock has increased by 5.4% and is now trading at $114.35. View the best growth stocks for 2024 here .

Are investors shorting Ingredion?

Ingredion saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 681,800 shares, an increase of 18.6% from the March 15th total of 574,700 shares. Based on an average trading volume of 406,800 shares, the short-interest ratio is currently 1.7 days. Currently, 1.1% of the shares of the stock are sold short. View Ingredion's Short Interest .

When is Ingredion's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our INGR earnings forecast .

How can I listen to Ingredion's earnings call?

Ingredion will be holding an earnings conference call on Wednesday, May 8th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link .

How were Ingredion's earnings last quarter?

Ingredion Incorporated (NYSE:INGR) announced its quarterly earnings data on Tuesday, February, 6th. The company reported $1.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.87 by $0.10. The business had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $2.07 billion. Ingredion had a trailing twelve-month return on equity of 18.57% and a net margin of 7.88%. The firm's quarterly revenue was down 3.3% compared to the same quarter last year. During the same period in the previous year, the business posted $1.65 earnings per share.

How often does Ingredion pay dividends? What is the dividend yield for Ingredion?

Ingredion announced a quarterly dividend on Wednesday, March 13th. Investors of record on Monday, April 1st will be given a dividend of $0.78 per share on Tuesday, April 23rd. This represents a $3.12 dividend on an annualized basis and a dividend yield of 2.73%. The ex-dividend date is Thursday, March 28th. Read our dividend analysis for INGR .

Is Ingredion a good dividend stock?

Ingredion (NYSE:INGR) pays an annual dividend of $3.12 per share and currently has a dividend yield of 2.75%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 32.50%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, INGR will have a dividend payout ratio of 30.41% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for INGR .

What ETFs hold Ingredion's stock?

ETFs with the largest weight of Ingredion (NYSE:INGR) stock in their portfolio include VegTech Plant-based Innovation & Climate ETF (EATV) , First Trust Consumer Staples AlphaDEX Fund (FXG) , First Trust Nasdaq Food & Beverage ETF (FTXG) , Invesco Dorsey Wright Consumer Staples Momentum ETF (PSL) , Freedom Day Dividend ETF (MBOX) , Brandes U.S. Value ETF (BUSA) , iShares MSCI Agriculture Producers ETF (VEGI) and American Century STOXX US Quality Value ETF (VALQ) .

What guidance has Ingredion issued on next quarter's earnings?

Ingredion issued an update on its FY24 earnings guidance on Tuesday, February, 6th. The company provided earnings per share guidance of $9.15-9.85 for the period, compared to the consensus earnings per share estimate of $9.76.

What is James Zallie's approval rating as Ingredion's CEO?

61 employees have rated Ingredion Chief Executive Officer James Zallie on Glassdoor.com . James Zallie has an approval rating of 69% among the company's employees.

What other stocks do shareholders of Ingredion own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ingredion investors own include Pfizer (PFE) , Walt Disney (DIS) , Intel (INTC) , NVIDIA (NVDA) , Johnson & Johnson (JNJ) , Cisco Systems (CSCO) , AT&T (T) , Verizon Communications (VZ) , CVS Health (CVS) and International Business Machines (IBM) .

Who are Ingredion's major shareholders?

Ingredion's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Leeward Investments LLC MA (0.38%), Raymond James & Associates (0.30%), Allspring Global Investments Holdings LLC (0.20%), Centre Asset Management LLC (0.13%), Paradiem LLC (0.11%) and Coston McIsaac & Partners (0.08%). Insiders that own company stock include David Eric Seip , Davida Marie Gable , James D Gray, James P Zallie , Jinghuai Xu , Jorge A Uribe , Jorgen Kokke , Larry Fernandes , Valdirene Bastos-Evans and Valdirene Bastos-Licht . View institutional ownership trends .

How do I buy shares of Ingredion?

Shares of INGR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Ingredion have any subsidiaries?

The following companies are subsidiares of Ingredion: Arrendadora Gefemesa S.A. de C.V., Bedford Construction Company, Brunob II B.V., Cali Investment LLC, Colombia Millers Ltd., Corn Products Americas Holdings S.à r.l., Corn Products Development Inc., Corn Products Inc. & Co. KG, Corn Products Kenya Limited, Corn Products Mauritius Pty Ltd., Corn Products Puerto Rico Inc., Corn Products Sales LLC, Corn Products Southern Cone S.R.L., Crystal Car Line Inc., Hispano-American Company Inc., I-Generation Inc., ICI Mauritius Holdings Limited, Ingredion ANZ Pty Ltd, Ingredion APAC EMEA Shared Services Sdn. Bhd., Ingredion Aceites y Especialidades S.A. de C.V., Ingredion Argentina S.R.L., Ingredion Brasil Ingredientes Industriais Ltda., Ingredion Canada Corporation, Ingredion China Limited, Ingredion Colombia S.A., Ingredion Ecuador S.A., Ingredion Germany GmbH, Ingredion Global Business Services S.A. de C.V., Ingredion Global Holdings Inc., Ingredion Holding LLC, Ingredion Holdings Thailand Co. Ltd., Ingredion India Private Limited, Ingredion Japan K.K., Ingredion Korea Holding LLC, Ingredion Korea Incorporated, Ingredion Malaysia Sdn. Bhd., Ingredion Mexico S.A. de C.V., Ingredion Peru S.A., Ingredion Philippines Inc., Ingredion Plant Based Protein Specialties Canada Inc., Ingredion SRSS Holdings Limited n/k/a PureCircle Limited, Ingredion Shandong Limited, Ingredion Singapore Pte. Ltd., Ingredion South Africa Proprietary Limited, Ingredion Sweetener and Starch Thailand Co. Ltd., Ingredion Thailand Co. Ltd., Ingredion UK Limited, Ingredion Venezuela C.A., Ingredion Vietnam Company Limited, Inversiones Latinoamericanas S.A., K. Hahn Verwaltungs und Vermietungs GmbH, KaTech, KaTech Ingredient Solutions GmbH, KaTech Ingredient Solutions LTD, KaTech Ingredient Solutions Sp.z o.o., Kerr Concentrates, Laing-National Limited, National Starch, PCM Pure Circle de Mexico S.A. de C.V., PT. Ingredion Indonesia, Penford Corporation, Pure Circle, PureCircle Africa Limited, PureCircle China Agriculture Development Co. Ltd., PureCircle China Limited, PureCircle Company LLC, PureCircle Company UK Limited, PureCircle Jiangxi Co. Ltd., PureCircle Mexico S.A. de C.V., PureCircle Natural Ingredient India Private Limited, PureCircle S.E.A. Sdn Bhd, PureCircle Sdn. Bhd., PureCircle Shanghai Co. Ltd., PureCircle South America Sociedad Anonima, PureCircle Trading Sdn. Bhd., PureCircle UK Limited, PureCircle USA Holdings Inc., PureCircle USA Inc., PureCircle do Brasil Comercio Importacao e Exportacao Ltda., Rafhan Maize Products Co. Ltd., Raymond & White River LLC, Shandong Huanong Specialty Corn Development, Sun Flour Industry - RIice Ingredients Business, TIC Gums, Texture Innovation Company de Mexico S. de R.L. de C.V., The Chicago Peoria and Western Railway Company, and Verdient Foods. Read More

NYSE:INGR

Ingredion (INGR) Stock Price, News & Analysis

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Free INGR Stock Alerts

$114.35

+0.04 (+0.03%)

(As of 04/23/2024 ET)

Compare

Today's Range: $113.54
▼
$114.95
50-Day Range: $110.13
▼
$118.09
52-Week Range: $89.54
▼
$118.83

Volume: 180,054 shs
Average Volume: 396,199 shs
Market Capitalization: $7.50 billion

P/E Ratio: 11.91
Dividend Yield: 2.73%
Price Target: $126.67

Get Ingredion alerts:

Ingredion MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 10.8% Upside
$126.67 Price Target
Short Interest: Healthy
1.05% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -1.63
Upright™ Environmental Score
News Sentiment: 0.65
Based on 7 Articles This Week
Insider Trading: Selling Shares
$6.90 M Sold Last Quarter
Proj. Earnings Growth: 6.65%
From $9.62 to $10.26 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.66 out of 5 stars

Consumer Staples Sector

15th out of 130 stocks

Grain Mill Products Industry

1st out of 6 stocks

2.3

Analyst's Opinion

Consensus Rating
Ingredion has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Ingredion has only been the subject of 3 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.05% of the float of Ingredion has been sold short.
Short Interest Ratio / Days to Cover
Ingredion has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Ingredion has recently increased by 18.64%, indicating that investor sentiment is decreasing significantly.

4.2

Dividend Strength

Dividend Yield
Ingredion pays a meaningful dividend of 2.75%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Ingredion has been increasing its dividend for 13 years.
Dividend Coverage
The dividend payout ratio of Ingredion is 32.50%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Ingredion will have a dividend payout ratio of 30.41% next year. This indicates that Ingredion will be able to sustain or increase its dividend.

2.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Ingredion has received a 24.15% net impact score from Upright. The largest positive contribution comes from its "Nutrition" impact, which is mostly driven by its "Lentil flour", "Chickpea flour", and "Pea flour" products. See details.
Environmental Sustainability
The Environmental Impact score for Ingredion is -1.63.

3.7

News and Social Media Coverage

News Sentiment
Ingredion has a news sentiment score of 0.65. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Ingredion this week, compared to 6 articles on an average week.
Search Interest
11 people have searched for INGR on MarketBeat in the last 30 days. This is an increase of 38% compared to the previous 30 days.
MarketBeat Follows
6 people have added Ingredion to their MarketBeat watchlist in the last 30 days. This is an increase of 20% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ingredion insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $6,903,045.00 in company stock.
Percentage Held by Insiders
Only 1.80% of the stock of Ingredion is held by insiders.
Percentage Held by Institutions
85.27% of the stock of Ingredion is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Ingredion are expected to grow by 6.65% in the coming year, from $9.62 to $10.26 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Ingredion is 11.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.46.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ingredion is 11.91, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 21.67.
Price to Earnings Growth Ratio
Ingredion has a PEG Ratio of 1.07. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Ingredion has a P/B Ratio of 2.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Ingredion Stock (NYSE:INGR)

Ingredion Incorporated, together with its subsidiaries, manufactures and sells sweeteners, starches, nutrition ingredients, and biomaterial solutions derived from wet milling and processing corn, and other starch-based materials to a range of industries in North America, South America, the Asia Pacific, Europe, the Middle East, and Africa. The company offers starch products for use in a range of processed foods; cornstarch; specialty paper starches for enhanced drainage, fiber retention, oil and grease resistance, improved printability, and biochemical oxygen demand control; starches and specialty starches for textile industry; industrial starches are used in the production of construction materials, textiles, adhesives, pharmaceuticals, and cosmetics, as well as in mining and water filtration; and specialty industrial starches for use in biomaterial applications, including biodegradable plastics, fabric softeners and detergents, hair and skin care applications, dusting powders for surgical gloves, and in the production of glass fiber and insulation. It also provides sweetener products comprising glucose syrups, high maltose syrup, high fructose corn syrup, dextrose, polyols, maltodextrin, glucose syrup solids, and non-genetically modified organism syrups for applications in food and beverage products, such as baked goods, snack foods, canned fruits, condiments, candy and other sweets, dairy products, ice cream, jams and jellies, prepared mixes, table syrups, and beverages. In addition, the company sells refined corn oil, corn gluten feed, and corn gluten meal; and other products, including fruit and vegetable products, such as concentrates, purees, and essences, as well as pulse proteins and hydrocolloids systems and blends. The company was formerly known as Corn Products International, Inc. and changed its name to Ingredion Incorporated in June 2012. Ingredion Incorporated was founded in 1906 and is headquartered in Westchester, Illinois.

INGR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

INGR Stock News Headlines

April 19, 2024 | finance.yahoo.com

Ingredion Incorporated's (NYSE:INGR) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?

April 17, 2024 | globenewswire.com

Ingredion to Release 2024 First Quarter Financial Results on May 8, 2024

April 24, 2024 | Traders Agency (Ad)

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April 17, 2024 | investorplace.com

3 Consumer Stocks to Buy Now: Q2 Edition

April 17, 2024 | americanbankingnews.com

Ingredion Incorporated (NYSE:INGR) Receives Consensus Recommendation of "Moderate Buy" from Analysts

April 17, 2024 | investing.com

Ingredion names new SVP and chief innovation officer

April 15, 2024 | finanznachrichten.de

Ingredion Incorporated: Dr. Michael Leonard Joins Ingredion as Senior Vice President, Chief Innovation Officer and Head of Protein Fortification

April 15, 2024 | globenewswire.com

Dr. Michael Leonard Joins Ingredion as Senior Vice President, Chief Innovation Officer and Head of Protein Fortification

April 24, 2024 | Traders Agency (Ad)

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April 15, 2024 | finance.yahoo.com

Edlong Announces Appointment of Michael Natale as President

April 14, 2024 | americanbankingnews.com

Ingredion Incorporated (NYSE:INGR) Sees Large Increase in Short Interest

April 14, 2024 | nasdaq.com

RSI Alert: Ingredion Now Oversold

April 5, 2024 | finance.yahoo.com

Is Now The Time To Look At Buying Ingredion Incorporated (NYSE:INGR)?

April 4, 2024 | tmcnet.com

Vision & Voice, an Inclusive Community for Female Cybersecurity Leaders, Announces its Advisory Board

April 3, 2024 | finance.yahoo.com

Pea Protein Market Valuation to Reach US$ 4,723.9 Million by 2034, Spurred by Rising Demand for Plant-based Proteins | Report by FMI

April 2, 2024 | investorplace.com

The 3 Most Undervalued Consumer Stocks to Buy in April 2024

March 27, 2024 | nasdaq.com

Choco-pocalypse? Cocoa Prices Surge Hitting All-Time High (INGR)

March 22, 2024 | finance.yahoo.com

Are Investors Undervaluing Ingredion Incorporated (NYSE:INGR) By 49%?

March 18, 2024 | uk.finance.yahoo.com

$2 Bn Taste Modulators Market - Global Forecast to 2028: Pharmaceutical Segment to Lead Segment Growth

March 16, 2024 | finance.yahoo.com

INGR Oct 2024 125.000 call

March 16, 2024 | finance.yahoo.com

INGR Nov 2024 100.000 call

March 15, 2024 | investorplace.com

The 3 Most Undervalued Plant-Based Food Stocks to Buy in March 2024

March 14, 2024 | uk.finance.yahoo.com

United States Melon Market Report 2024: Watermelon Dominates Import and Export Share Through 2030, Cantaloupe Gains Momentum

March 14, 2024 | msn.com

Resistant starch: Why ‘swallow’ is best for weight management

March 14, 2024 | finance.yahoo.com

Ingredion prioritizing texture, an ‘underappreciated and not well understood’ trait

March 13, 2024 | globenewswire.com

Ingredion Incorporated Declares Quarterly Dividend of $0.78 Per Share

March 13, 2024 | seekingalpha.com

ADM enters into $1B accelerated share repurchase agreement

See More Headlines

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Company Calendar

Last Earnings: 2/06/2024
Ex-Dividend for 4/23 Dividend: 3/28/2024
Today: 4/23/2024
Dividend Payable: 4/23/2024
Next Earnings (Confirmed): 5/08/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Consumer Staples
Industry: Grain mill products
Sub-Industry: Agricultural Products
Current Symbol: NYSE:INGR
Previous Symbol: NYSE:CPO
CUSIP: 45718710
CIK: 1046257
Web: www.ingredion.com
Phone: (708) 551-2600
Fax: 708-551-2700
Employees: 11,600
Year Founded: 1906

Price Target and Rating

Average Stock Price Target: $126.67
High Stock Price Target: $136.00
Low Stock Price Target: $117.00
Potential Upside/Downside: +10.8%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $9.60
Trailing P/E Ratio: 11.91
Forward P/E Ratio: 11.89
P/E Growth: 1.07
Net Income: $643 million
Net Margins: 7.88%
Pretax Margin: 10.28%
Return on Equity: 18.57%
Return on Assets: 8.29%

Debt

Debt-to-Equity Ratio: 0.49
Current Ratio: 1.92
Quick Ratio: 1.10

Sales & Book Value

Annual Sales: $8.16 billion
Price / Sales: 0.92
Cash Flow: $13.13 per share
Price / Cash Flow: 8.71
Book Value: $54.49 per share
Price / Book: 2.10

Miscellaneous

Outstanding Shares: 65,610,000
Free Float: 64,424,000
Market Cap: $7.50 billion
Optionable: Optionable
Beta: 0.81

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Key Executives

Mr. James P. Zallie (Age 63)
President, CEO & Director
Comp: $3.76M
Mr. James Derek Gray (Age 57)
Executive VP & CFO
Comp: $1.57M
Mr. Eric Seip (Age 56)
Senior VP of Global Operations & Chief Supply Chain Officer
Comp: $1.11M
Ms. Nancy Wolfe (Age 54)
Senior VP & Chief Human Resources Officer
Comp: $1.14M
Ms. Davida M. Gable (Age 57)
VP of Global Shared Services, Controller & Principal Accounting Officer
Jason Payant
VP of Corporate Finance & Interim VP of Investor Relations
Ms. Tanya Jaeger de Foras (Age 53)
Senior VP, Chief Legal Officer, Corporate Secretary & Chief Compliance Officer
Mr. Pierre Perez Y. Landazuri (Age 55)
Senior VP of Corporate Strategy & Specialties and President of EMEA
Mr. Larry Fernandes (Age 59)
Senior VP and Chief Commercial & Sustainability Officer
Mr. Rob Ritchie (Age 54)
Senior VP, Food & Industrial Ingredients, LATAM and US/Canada

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

INGR Stock Analysis - Frequently Asked Questions

Should I buy or sell Ingredion stock right now?: 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ingredion in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" INGR shares.
View INGR analyst ratings or view top-rated stocks.
What is Ingredion's stock price target for 2024?: 6 analysts have issued 12-month price targets for Ingredion's shares. Their INGR share price targets range from $117.00 to $136.00. On average, they predict the company's stock price to reach $126.67 in the next year. This suggests a possible upside of 10.8% from the stock's current price.
View analysts price targets for INGR or view top-rated stocks among Wall Street analysts.
How have INGR shares performed in 2024?: Ingredion's stock was trading at $108.53 at the beginning of the year. Since then, INGR stock has increased by 5.4% and is now trading at $114.35.
View the best growth stocks for 2024 here.
Are investors shorting Ingredion?: Ingredion saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 681,800 shares, an increase of 18.6% from the March 15th total of 574,700 shares. Based on an average trading volume of 406,800 shares, the short-interest ratio is currently 1.7 days. Currently, 1.1% of the shares of the stock are sold short.
View Ingredion's Short Interest.
When is Ingredion's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our INGR earnings forecast.
How can I listen to Ingredion's earnings call?: Ingredion will be holding an earnings conference call on Wednesday, May 8th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.
How were Ingredion's earnings last quarter?: Ingredion Incorporated (NYSE:INGR) announced its quarterly earnings data on Tuesday, February, 6th. The company reported $1.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.87 by $0.10. The business had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $2.07 billion. Ingredion had a trailing twelve-month return on equity of 18.57% and a net margin of 7.88%. The firm's quarterly revenue was down 3.3% compared to the same quarter last year. During the same period in the previous year, the business posted $1.65 earnings per share.
How often does Ingredion pay dividends? What is the dividend yield for Ingredion?: Ingredion announced a quarterly dividend on Wednesday, March 13th. Investors of record on Monday, April 1st will be given a dividend of $0.78 per share on Tuesday, April 23rd. This represents a $3.12 dividend on an annualized basis and a dividend yield of 2.73%. The ex-dividend date is Thursday, March 28th.
Read our dividend analysis for INGR.

Is Ingredion a good dividend stock?: Ingredion (NYSE:INGR) pays an annual dividend of $3.12 per share and currently has a dividend yield of 2.75%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 32.50%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, INGR will have a dividend payout ratio of 30.41% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for INGR.
What ETFs hold Ingredion's stock?: ETFs with the largest weight of Ingredion (NYSE:INGR) stock in their portfolio include VegTech Plant-based Innovation & Climate ETF (EATV), First Trust Consumer Staples AlphaDEX Fund (FXG), First Trust Nasdaq Food & Beverage ETF (FTXG), Invesco Dorsey Wright Consumer Staples Momentum ETF (PSL), Freedom Day Dividend ETF (MBOX), Brandes U.S. Value ETF (BUSA), iShares MSCI Agriculture Producers ETF (VEGI) and American Century STOXX US Quality Value ETF (VALQ).
What guidance has Ingredion issued on next quarter's earnings?: Ingredion issued an update on its FY24 earnings guidance on Tuesday, February, 6th. The company provided earnings per share guidance of $9.15-9.85 for the period, compared to the consensus earnings per share estimate of $9.76.
What is James Zallie's approval rating as Ingredion's CEO?: 61 employees have rated Ingredion Chief Executive Officer James Zallie on Glassdoor.com. James Zallie has an approval rating of 69% among the company's employees.
What other stocks do shareholders of Ingredion own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Ingredion investors own include Pfizer (PFE), Walt Disney (DIS), Intel (INTC), NVIDIA (NVDA), Johnson & Johnson (JNJ), Cisco Systems (CSCO), AT&T (T), Verizon Communications (VZ), CVS Health (CVS) and International Business Machines (IBM).
Who are Ingredion's major shareholders?: Ingredion's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Leeward Investments LLC MA (0.38%), Raymond James & Associates (0.30%), Allspring Global Investments Holdings LLC (0.20%), Centre Asset Management LLC (0.13%), Paradiem LLC (0.11%) and Coston McIsaac & Partners (0.08%). Insiders that own company stock include David Eric Seip, Davida Marie Gable, James D Gray, James P Zallie, Jinghuai Xu, Jorge A Uribe, Jorgen Kokke, Larry Fernandes, Valdirene Bastos-Evans and Valdirene Bastos-Licht.
View institutional ownership trends.
How do I buy shares of Ingredion?: Shares of INGR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Ingredion have any subsidiaries?: The following companies are subsidiares of Ingredion: Arrendadora Gefemesa S.A. de C.V., Bedford Construction Company, Brunob II B.V., Cali Investment LLC, Colombia Millers Ltd., Corn Products Americas Holdings S.à r.l., Corn Products Development Inc., Corn Products Inc. & Co. KG, Corn Products Kenya Limited, Corn Products Mauritius Pty Ltd., Corn Products Puerto Rico Inc., Corn Products Sales LLC, Corn Products Southern Cone S.R.L., Crystal Car Line Inc., Hispano-American Company Inc., I-Generation Inc., ICI Mauritius Holdings Limited, Ingredion ANZ Pty Ltd, Ingredion APAC EMEA Shared Services Sdn. Bhd., Ingredion Aceites y Especialidades S.A. de C.V., Ingredion Argentina S.R.L., Ingredion Brasil Ingredientes Industriais Ltda., Ingredion Canada Corporation, Ingredion China Limited, Ingredion Colombia S.A., Ingredion Ecuador S.A., Ingredion Germany GmbH, Ingredion Global Business Services S.A. de C.V., Ingredion Global Holdings Inc., Ingredion Holding LLC, Ingredion Holdings Thailand Co. Ltd., Ingredion India Private Limited, Ingredion Japan K.K., Ingredion Korea Holding LLC, Ingredion Korea Incorporated, Ingredion Malaysia Sdn. Bhd., Ingredion Mexico S.A. de C.V., Ingredion Peru S.A., Ingredion Philippines Inc., Ingredion Plant Based Protein Specialties Canada Inc., Ingredion SRSS Holdings Limited n/k/a PureCircle Limited, Ingredion Shandong Limited, Ingredion Singapore Pte. Ltd., Ingredion South Africa Proprietary Limited, Ingredion Sweetener and Starch Thailand Co. Ltd., Ingredion Thailand Co. Ltd., Ingredion UK Limited, Ingredion Venezuela C.A., Ingredion Vietnam Company Limited, Inversiones Latinoamericanas S.A., K. Hahn Verwaltungs und Vermietungs GmbH, KaTech, KaTech Ingredient Solutions GmbH, KaTech Ingredient Solutions LTD, KaTech Ingredient Solutions Sp.z o.o., Kerr Concentrates, Laing-National Limited, National Starch, PCM Pure Circle de Mexico S.A. de C.V., PT. Ingredion Indonesia, Penford Corporation, Pure Circle, PureCircle Africa Limited, PureCircle China Agriculture Development Co. Ltd., PureCircle China Limited, PureCircle Company LLC, PureCircle Company UK Limited, PureCircle Jiangxi Co. Ltd., PureCircle Mexico S.A. de C.V., PureCircle Natural Ingredient India Private Limited, PureCircle S.E.A. Sdn Bhd, PureCircle Sdn. Bhd., PureCircle Shanghai Co. Ltd., PureCircle South America Sociedad Anonima, PureCircle Trading Sdn. Bhd., PureCircle UK Limited, PureCircle USA Holdings Inc., PureCircle USA Inc., PureCircle do Brasil Comercio Importacao e Exportacao Ltda., Rafhan Maize Products Co. Ltd., Raymond & White River LLC, Shandong Huanong Specialty Corn Development, Sun Flour Industry - RIice Ingredients Business, TIC Gums, Texture Innovation Company de Mexico S. de R.L. de C.V., The Chicago Peoria and Western Railway Company, and Verdient Foods.
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This page (NYSE:INGR) was last updated on 4/24/2024 by MarketBeat.com Staff

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