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ING GROEP (GB:0RIC)
LSE:0RIC
Holding GB:0RIC?
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0RIC Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€10.68 - €17.32
Previous Close€16.56
Volume1.69M
Average Volume (3M)3.18M
Market Cap
€53.77B
Enterprise Value€288.31B
Total Cash (Recent Filing)€0.00
Total Debt (Recent Filing)€259.13B
Price to Earnings (P/E)8.1
Beta1.32
Next Earnings
Oct 31, 2024EPS Estimate
€0.54Last Dividend Ex-Date
Aug 05, 2024Dividend Yield6.75%
Share Statistics
EPS (TTM)2.03
Shares Outstanding3,630,863,874
10 Day Avg. Volume1,319,588
30 Day Avg. Volume3,183,178
Standard Deviation0.12
R-Squared0.54
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)0.00
Price to Sales (P/S)2.46
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€19.33Price Target Upside16.73% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
ING GROEP News
PremiumCompany Announcements
ING GROEP Advances Climate Strategy, Ends Certain Financing
PremiumCompany Announcements
ING Advances Share Buyback Program
PremiumCompany Announcements
ING Groep Advances Share Buyback Program
PremiumCompany Announcements
ING Groep Nears Completion of Major Buyback
PremiumCompany Announcements
ING Advances Towards Share Buyback Completion
PremiumCompany Announcements
ING GROEP Advances Share Buyback ProgramBulls Say, Bears Say
Bulls Say
Dividend AnnouncementThe group announced a 35 €-cent dividend, slightly above consensus driven by the stronger result.
Financial PerformanceThe bank printed net profits 9% ahead of expectations at €1.78bn driven by higher revenues primarily from other income.
Income ProjectionsThe group upgraded its total income for FY24 and now expects more than €22bn driven by strong overall business momentum.
Bears Say
Cost Saving ActionsING didn't announce any material cost saving actions as expected.
ExpensesTotal expenses were 1% higher than expectations.
TargetsOperating jaws targets are weak at an average 1ppt in 2024-27.
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Options Prices
Currently, No data available
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Ownership Overview
0.00%
Insiders
17.64% Mutual Funds
11.75% Other Institutional Investors
70.61% Public Companies and
Individual Investors
0RIC FAQ
What was ING GROEP’s price range in the past 12 months?
ING GROEP lowest share price was €10.68 and its highest was €17.32 in the past 12 months.
What is ING GROEP’s market cap?
Currently, no data Available
When is ING GROEP’s upcoming earnings report date?
ING GROEP’s upcoming earnings report date is Oct 31, 2024 which is in 41 days.
How were ING GROEP’s earnings last quarter?
ING GROEP released its earnings results on Aug 01, 2024. The company reported €0.54 earnings per share for the quarter, beating the consensus estimate of €0.498 by €0.042.
Is ING GROEP overvalued?
According to Wall Street analysts ING GROEP’s price is currently Undervalued.
Does ING GROEP pay dividends?
ING GROEP pays a Annually dividend of €0.35 which represents an annual dividend yield of 6.75%. See more information on ING GROEP dividends here
What is ING GROEP’s EPS estimate?
ING GROEP’s EPS estimate is €0.54.
How many shares outstanding does ING GROEP have?
ING GROEP has 3,303,381,800 shares outstanding.
What happened to ING GROEP’s price movement after its last earnings report?
ING GROEP reported an EPS of €0.54 in its last earnings report, beating expectations of €0.498. Following the earnings report the stock price went down -1.649%.
Which hedge fund is a major shareholder of ING GROEP?
Currently, no hedge funds are holding shares in GB:0RIC
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ING GROEP Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
€19.33 (16.73% Upside)
€19.33 (16.73% Upside)
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
38.77%
12-Months-Change
Fundamentals
Return on Equity
13.68%
Trailing 12-Months
Asset Growth
1.18%
Trailing 12-Months
Company Description
ING GROEP
The merger of the Dutch postal bank and NN Insurance in 1991 created ING. Through a series of further acquisitions ING build up a global footprint. The 2008 financial crisis forced ING to seek government support--a precondition of which--was that ING should separate its banking and insurance activities, which saw ING revert to being solely a bank. ING has market- leading banking operations in the Netherlands and Belgium, and a range of digital banks across Europe and Australia. Its global wholesale banking operation is primarily focused on lending.
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0RIC Stock 12 Month Forecast
Average Price Target
€19.33
▲(16.73% Upside)
Technical Analysis
Best Analysts Covering 0RIC
1 Year
1 Year Success Rate
32/46 ratings generated profit
1 Year Average Return
+22.88%
reiterated a buy rating 2 months ago
Copying Raul Sinha's trades and holding each position for 1 Year would result in 69.57% of your transactions generating a profit, with an average return of +22.88% per trade.
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