Zacks Research Issues Optimistic Estimate for ICE Earnings

Intercontinental Exchange, Inc. (NYSE:ICE) – Stock analysts at Zacks Research lifted their Q3 2025 EPS estimates for shares of Intercontinental Exchange in a research note issued to investors on Wednesday, May 21st. Zacks Research analyst T. De now forecasts that the financial services provider will post earnings of $1.72 per share for the quarter, up from their previous forecast of $1.68. The consensus estimate for Intercontinental Exchange’s current full-year earnings is $6.73 per share. Zacks Research also issued estimates for Intercontinental Exchange’s Q4 2025 earnings at $1.73 EPS, FY2025 earnings at $6.85 EPS, Q1 2026 earnings at $1.84 EPS, Q2 2026 earnings at $1.84 EPS, Q3 2026 earnings at $1.88 EPS, FY2026 earnings at $7.55 EPS, Q1 2027 earnings at $2.08 EPS and FY2027 earnings at $8.26 EPS.

Intercontinental Exchange (NYSE:ICE) last posted its quarterly earnings results on Thursday, May 1st. The financial services provider reported $1.72 earnings per share for the quarter, topping analysts’ consensus estimates of $1.70 by $0.02. The firm had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.44 billion. Intercontinental Exchange had a net margin of 23.42% and a return on equity of 12.95%. Intercontinental Exchange’s quarterly revenue was up 8.0% on a year-over-year basis. During the same period in the previous year, the business posted $1.48 earnings per share.

ICE has been the subject of several other research reports. UBS Group increased their price target on Intercontinental Exchange from $185.00 to $195.00 and gave the company a “buy” rating in a report on Friday, February 7th. Wall Street Zen upgraded Intercontinental Exchange from a “sell” rating to a “hold” rating in a report on Monday, February 10th. Barclays boosted their price target on shares of Intercontinental Exchange from $189.00 to $198.00 and gave the company an “overweight” rating in a research report on Friday, May 2nd. Bank of America cut their price objective on shares of Intercontinental Exchange from $237.00 to $230.00 and set a “buy” rating for the company in a research report on Wednesday, April 2nd. Finally, Morgan Stanley boosted their target price on shares of Intercontinental Exchange from $181.00 to $192.00 and gave the company an “equal weight” rating in a report on Monday, May 5th. Three analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $188.46.

Intercontinental Exchange Trading Up 1.3%

ICE opened at $176.27 on Monday. The firm has a market capitalization of $101.11 billion, a price-to-earnings ratio of 36.88, a price-to-earnings-growth ratio of 2.10 and a beta of 1.12. The company’s 50 day simple moving average is $167.76 and its two-hundred day simple moving average is $161.95. Intercontinental Exchange has a 1-year low of $131.79 and a 1-year high of $179.44. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.99 and a quick ratio of 0.99.

Intercontinental Exchange Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.09%. Intercontinental Exchange’s payout ratio is currently 39.75%.

Insider Activity at Intercontinental Exchange

In other Intercontinental Exchange news, insider Christopher Scott Edmonds sold 552 shares of Intercontinental Exchange stock in a transaction dated Thursday, May 22nd. The stock was sold at an average price of $174.52, for a total value of $96,335.04. Following the completion of the transaction, the insider now directly owns 15,658 shares of the company’s stock, valued at $2,732,634.16. The trade was a 3.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Judith A. Sprieser sold 2,630 shares of the firm’s stock in a transaction that occurred on Wednesday, April 16th. The shares were sold at an average price of $159.00, for a total transaction of $418,170.00. Following the completion of the transaction, the director now directly owns 21,364 shares of the company’s stock, valued at approximately $3,396,876. The trade was a 10.96% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 11,082 shares of company stock worth $1,868,802. Insiders own 1.00% of the company’s stock.

Institutional Trading of Intercontinental Exchange

A number of large investors have recently modified their holdings of ICE. Norges Bank acquired a new position in Intercontinental Exchange during the 4th quarter worth $1,196,258,000. Price T Rowe Associates Inc. MD grew its position in shares of Intercontinental Exchange by 491.3% during the first quarter. Price T Rowe Associates Inc. MD now owns 6,433,497 shares of the financial services provider’s stock worth $1,109,780,000 after buying an additional 5,345,388 shares in the last quarter. Royal Bank of Canada increased its stake in shares of Intercontinental Exchange by 132.9% during the fourth quarter. Royal Bank of Canada now owns 9,121,352 shares of the financial services provider’s stock worth $1,359,173,000 after buying an additional 5,204,309 shares during the period. Kovitz Investment Group Partners LLC raised its holdings in Intercontinental Exchange by 423.8% in the fourth quarter. Kovitz Investment Group Partners LLC now owns 4,546,437 shares of the financial services provider’s stock valued at $677,465,000 after acquiring an additional 3,678,384 shares in the last quarter. Finally, Nuveen LLC acquired a new stake in Intercontinental Exchange in the first quarter valued at approximately $575,383,000. Hedge funds and other institutional investors own 89.30% 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.