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NYSE:ING

ING Groep (ING) Stock Price, News & Analysis

$18.24
+0.12 (+0.66%)
(As of 07/12/2024 ET)
Today's Range
$18.18
$18.32
50-Day Range
$16.42
$18.24
52-Week Range
$12.44
$18.32
Volume
1.24 million shs
Average Volume
1.52 million shs
Market Capitalization
$63.81 billion
P/E Ratio
8.07
Dividend Yield
7.57%
Price Target
N/A

ING Groep MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.13% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.89mentions of ING Groep in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
8.42%
From $2.02 to $2.19 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.

3.56 out of 5 stars

Finance Sector

341st out of 863 stocks

Commercial Banks, Not Elsewhere Classified Industry

14th out of 25 stocks

ING stock logo

About ING Groep Stock (NYSE:ING)

ING Groep N.V. provides various banking products and services in the Netherlands, Belgium, Germany, rest of Europe, and internationally. It operates through five segments: Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, and Wholesale Banking. The company accepts current and savings accounts. It also offers business lending products; SME loans; consumer lending products, such as residential mortgage loans and other consumer lending loans; and mortgages. In addition, the company provides working capital solutions; debt and equity market solutions; various loans; payments; and cash management, trade and corporate finance, and treasury services, as well as savings, investment, insurance, and digital banking services. It serves individual customers, corporate clients, and financial institutions. ING Groep N.V. was founded in 1762 and is headquartered in Amsterdam, the Netherlands.

ING Stock Price History

ING Stock News Headlines

ING Groep (NYSE:ING) Hits New 52-Week High at $18.07
Don’t say I didn’t warn you…
All the signs show the AI market is about to reverse. And unless you know what’s really going on in this sector, you could be wiped out. Inside this new expose, you'll discover exactly how the AI crisis will unfold... how you can prepare for it before it's too late... and how you can potentially profit from it, too. Click here to read the new expose, The Big AI Die-Up while you still can.
ING Groep (NYSE:ING) Shares Gap Up to $17.14
Gold prices make minor gain
Don’t say I didn’t warn you…
All the signs show the AI market is about to reverse. And unless you know what’s really going on in this sector, you could be wiped out. Inside this new expose, you'll discover exactly how the AI crisis will unfold... how you can prepare for it before it's too late... and how you can potentially profit from it, too. Click here to read the new expose, The Big AI Die-Up while you still can.
See More Headlines
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Company Calendar

Ex-Dividend for 5/10 Dividend
4/24/2024
Last Earnings
5/02/2024
Dividend Payable
5/10/2024
Today
7/13/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Commercial banks, not elsewhere classified
Sub-Industry
Banking
Fax
N/A
Employees
46,000
Year Founded
1991

Profitability

Net Income
$4.48 billion
Pretax Margin
11.11%

Debt

Sales & Book Value

Annual Sales
$24.43 billion
Cash Flow
$2.48 per share
Book Value
$17.21 per share

Miscellaneous

Outstanding Shares
3,498,190,000
Free Float
N/A
Market Cap
$63.79 billion
Optionable
Optionable
Beta
1.54

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Key Executives

  • Mr. Steven J. A. van Rijswijk (Age 54)
    CEO and Chairman of the Executive Board & Management Board Banking
    Comp: $2.79M
  • Mr. Tanate Phutrakul (Age 59)
    CFO and Member of the Executive Board & Management Board Banking
    Comp: $1.97M
  • Ms. Ljiljana Cortan (Age 53)
    Chief Risk Officer and Member of the Executive Board & Management Board Banking
    Comp: $2.08M
  • Ms. Pinar Abay (Age 47)
    Head of Retail, Market Leaders, Challengers & Growth Markets and Member of Management Board Banking
  • Mr. Andrew John Milton Bester (Age 59)
    Head of Wholesale Banking and Member of the Executive Board & Management Board Banking
  • Mr. Marnix van Stiphout (Age 54)
    CTO, COO, Chief Transformation Officer & Member of Management Board Banking
  • Mr. Erwin H. M. Olijslager
    Principal Accounting Officer
  • Mr. Han-Tsung Ho
    Executive Director
  • Rob Van Veldhuizen
    Head of Corporate Finance Benelux
  • Mr. Sjoerd Miltenburg
    Head of Investor Relations

Should I Buy ING Groep Stock? ING Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in ING Groep:

  • ING Groep N.V. provides various banking products and services in multiple countries, offering diversification opportunities for investors.
  • Recent developments in the company's Retail and Wholesale Banking segments have shown strong growth potential, indicating positive future prospects.
  • The current stock price of ING is favorable, making it an attractive entry point for investors looking for value.
  • ING Groep has a strong track record of financial stability and sound management practices, instilling confidence in investors.
  • The company's focus on digital innovation and technology integration in its banking services positions it well for future growth in the industry.

Cons

Investors should be bearish about investing in ING Groep for these reasons:

  • While the company has shown growth potential, there may be regulatory challenges in the banking sector that could impact ING's operations and profitability.
  • Market volatility and economic uncertainties could affect ING Groep's performance, leading to potential risks for investors.
  • Competition in the banking industry is intense, and ING may face challenges in maintaining its market position against other major players.
  • Changes in interest rates and global economic conditions could impact ING's revenue streams and financial performance.
  • Investors should closely monitor any geopolitical risks that may affect ING Groep's international operations and expansion plans.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, July 5, 2024. Please send any questions or comments about these ING Groep pros and cons to [email protected].

ING Stock Analysis - Frequently Asked Questions

How have ING shares performed this year?

ING Groep's stock was trading at $15.02 at the beginning of 2024. Since then, ING stock has increased by 21.4% and is now trading at $18.24.
View the best growth stocks for 2024 here
.

How were ING Groep's earnings last quarter?

ING Groep (NYSE:ING) released its quarterly earnings data on Thursday, May, 2nd. The financial services provider reported $0.52 earnings per share for the quarter. The financial services provider had revenue of $6.06 billion for the quarter. ING Groep had a trailing twelve-month return on equity of 13.22% and a net margin of 32.20%.

What is Ralph Hamers' approval rating as ING Groep's CEO?

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.

Does ING Groep have any subsidiaries?

The following companies are subsidiaries of ING Groep: Intersoftware Group B.V, Payvision Holding B.V, Makelaarsland B.V., 3W Holding B.V., Oyak Emeklilik, Interhyp AG, CitiStreet, and others.

Who are ING Groep's major shareholders?

ING Groep's top institutional investors include Boston Common Asset Management LLC (0.01%), QRG Capital Management Inc., Confluence Investment Management LLC and Park Avenue Securities LLC.

How do I buy shares of ING Groep?

Shares of ING 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.

What other stocks do shareholders of ING Groep own?

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

This page (NYSE:ING) was last updated on 7/13/2024 by MarketBeat.com Staff

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