ING Groep (ING) Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ING Groep in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ING shares.
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6 analysts have issued 1 year target prices for ING Groep's stock. Their ING share price forecasts range from $12.50 to $16.00. On average, they expect the company's stock price to reach $14.39 in the next twelve months. This suggests a possible upside of 0.5% from the stock's current price.
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ING Groep's stock was trading at $12.17 at the beginning of 2023. Since then, ING shares have increased by 17.6% and is now trading at $14.31.
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ING Groep saw a increase in short interest during the month of July. As of July 31st, there was short interest totaling 5,180,000 shares, an increase of 18.3% from the July 15th total of 4,380,000 shares. Based on an average trading volume of 2,650,000 shares, the short-interest ratio is currently 2.0 days. Approximately 0.1% of the shares of the stock are short sold.
View ING Groep's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our ING earnings forecast.

ING Groep (NYSE:ING) posted its quarterly earnings data on Thursday, May, 6th. The financial services provider reported $0.31 EPS for the quarter, beating the consensus estimate of $0.25 by $0.06. The financial services provider had revenue of $5.67 billion for the quarter, compared to the consensus estimate of $5.41 billion. ING Groep had a trailing twelve-month return on equity of 10.32% and a net margin of 28.40%.
Read the conference call transcript.

ING Groep declared a semi-annual dividend on Thursday, August 3rd. Stockholders of record on Monday, August 14th will be paid a dividend of $0.4267 per share on Monday, August 21st. This represents a dividend yield of 5.2%. The ex-dividend date of this dividend is Friday, August 11th. This is a positive change from the stock's previous semi-annual dividend of $0.41.
Read our dividend analysis for ING.

ETFs with the largest weight of ING Groep (NYSE:ING) stock in their portfolio include AdvisorShares Dorsey Wright ADR ETF (AADR), Pacer Trendpilot European Index ETF (PTEU), ActivePassive International Equity ETF (APIE), Gabelli Love Our Planet & People ETF (LOPP) and Avantis Responsible International Equity ETF (AVSD).Avantis International Equity ETF (AVDE).

ING Groep (NYSE:ING) pays an annual dividend of $0.73 per share and currently has a dividend yield of 5.07%. ING has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 43.20%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ING will have a dividend payout ratio of 29.55% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ING.

470 employees have rated ING Groep Chief Executive Officer Ralph Hamers on Glassdoor.com. Ralph Hamers has an approval rating of 86% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other ING Groep investors own include AT&T (T), Pfizer (PFE), Bank of America (BAC), Gilead Sciences (GILD), Verizon Communications (VZ), Cisco Systems (CSCO), General Electric (GE), Johnson & Johnson (JNJ), Wells Fargo & Company (WFC) and

ING Groep trades on the New York Stock Exchange (NYSE) under the ticker symbol "ING."

ING Groep's stock is owned by a number of institutional and retail investors. Top institutional investors include Fisher Asset Management LLC (1.53%), MUFG Securities EMEA plc (0.34%), Northern Trust Corp (0.09%), BlackRock Inc. (0.08%), Envestnet Asset Management Inc. (0.07%) and Todd Asset Management LLC (0.07%).

Shares of ING stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ING stock can currently be purchased for approximately $14.31.

ING Groep (NYSE:ING) has a market capitalization of $53.33 billion and generates $19.56 billion in revenue each year. The financial services provider earns $12.78 billion in net income (profit) each year or $1.69 on an earnings per share basis.

The company employs 57,569 workers across the globe.

ING Groep's mailing address is Bijlmerdreef 106, Amsterdam Am, 1102 CT. The official website for the company is www.ing.com. The financial services provider can be reached via phone at (120) 563-9111 or via email at mark.milders@ing.com.