ICE - Intercontinental Exchange, Inc.

NYSE - Nasdaq Real Time Price. Currency in USD
94.45
+0.59 (+0.63%)
As of 10:02AM EST. Market open.
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Previous Close93.86
Open93.08
Bid93.96 x 900
Ask94.01 x 900
Day's Range93.00 - 94.46
52 Week Range71.90 - 101.93
Volume463,891
Avg. Volume3,421,047
Market Cap52.273B
Beta (5Y Monthly)0.33
PE Ratio (TTM)27.62
EPS (TTM)3.42
Earnings DateApr 29, 2020
Forward Dividend & Yield1.20 (1.28%)
Ex-Dividend DateMar 15, 2020
1y Target Est103.76
  • Reuters

    U.S. stock exchanges say prepared for coronavirus

    U.S. stock exchanges said on Wednesday they were watching coronavirus-related developments closely and had contingency plans in place to continue running if any of their operations were affected. "The NYSE is carefully monitoring the spread of COVID-19 and has robust contingency plans, tested regularly, to enable continuous operation of the NYSE exchanges should any facilities be impacted," a spokesman for the NYSE, which is owned by Intercontinental Exchange Inc, said in a statement.

  • Business Wire

    ICE to Recommence Emissions Auctions on Behalf of the UK Government Publishes Auction Calendar for 2020

    Intercontinental Exchange (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, announces that EU Emissions Trading System (EU ETS) allowance auctions will re-start on ICE Futures Europe on behalf of the UK Government’s Department of Business, Energy and Industrial Strategy (BEIS) and today publishes the auction calendar for 2020.

  • Intercontinental Exchange Expands Ties With S&P Global Platts
    Zacks

    Intercontinental Exchange Expands Ties With S&P Global Platts

    Intercontinental Exchange (ICE) plans to introduce a new version of its market data platform to explore global oil markets and enhance risk management abilities for customers.

  • Business Wire

    Intercontinental Exchange Chief Financial Officer Scott Hill to Present at the Raymond James 41st Annual Institutional Investors Conference on March 2, 2020

    Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, announced today that Scott Hill, ICE’s Chief Financial Officer, plans to present at the Raymond James 41st Annual Institutional Investors Conference. The presentation will take place on Monday, March 2 at 10:25 a.m. EST. The presentation will be available live and in replay via webcast and can be accessed in the Investors section of ICE’s website at www.theice.com.

  • PR Newswire

    SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Intercontinental Exchange, Inc. for Potential Breaches Of Fiduciary Duty By Its Board of Directors

    Purcell Julie & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of Intercontinental Exchange, Inc. (NYSE: ICE).

  • Business Wire

    ICE and S&P Global Platts Expand Strategic Relationship In Global Oil Markets

    Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced plans to launch a new version of its market data platform, ICE Connect, which will be designed specifically for participants in the global oil markets. The new service, which is expected to be available in the second quarter of 2020, will include access to leading oil market analytics from S&P Global Platts and other third parties.

  • Business Wire

    Intercontinental Exchange Announces Record Open Interest in Multiple Global Energy Markets

    Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, announced record open interest in several of its energy markets on February 13 and 14, 2020. This included total oil, other crude and refined products, and TTF natural gas.

  • Reuters

    Settlement house Euroclear posts record results for 2019

    Securities settlement house Euroclear posted a record net profit of 431 million euros ($466.73 million) in 2019, up 34% on the prior year, but gave no update on whether it will shake up its ownership structure. Euroclear had been expected to give an update on a strategic review by the end of 2019. Euroclear, which settles stock trades for the London Stock Exchange, Euronext and other exchanges, said on Tuesday it would pay a full year dividend of 82.4 euros per share, up by 50% on 2018.

  • Singapore Exchange: A Wide-Moat Marketplace to Benefit From the Rise of Asia
    GuruFocus.com

    Singapore Exchange: A Wide-Moat Marketplace to Benefit From the Rise of Asia

    An easy-to-understand business with a moderate risk profile Continue reading...

  • Business Wire

    Intercontinental Exchange Announces Record Daily Trading Volume for Sugar Futures

    Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced record trading volume for its sugar futures contracts.

  • Business Wire

    ICE Bonds Completes Integration with BlackRock’s Aladdin to Offer Fixed Income Portfolio Auction Functionality to Investment Managers

    Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that ICE Bonds has completed its integration with BlackRock’s Aladdin, offering access to ICE Bonds’ Portfolio Auction functionality, an automated execution protocol for portfolio trading. Aladdin is a premier portfolio management system for investment managers that combines sophisticated risk analytics with comprehensive trading and position monitoring tools.

  • Barrons.com

    Intercontinental Exchange’s Busted Bid for eBay Is an Opening for Investors

    CEO Jeff Sprecher is a visionary—but his latest move was rebuffed by the market, which isn’t as farseeing as he is. How to play the disconnect with options.

  • Reuters

    NYSE argues some exchange-related fees fall outside SEC's domain

    The New York Stock Exchange has told the U.S. Securities and Exchange Commission it does not believe it legally needs to make public the fees for a new high-speed connection to the exchange, questioning the scope of the regulator's authority. The issue is part of a decade-long dispute between stock exchanges and brokerages, banks and asset managers over what the financial firms see as excessive fees for market access and essential data charged by the bourses, which became for-profit companies in the early 2000s. The SEC has in recent years challenged the exchanges' ability to raise those fees if they do not adequately explain why increases are justified.

  • Thomson Reuters StreetEvents

    Edited Transcript of ICE earnings conference call or presentation 6-Feb-20 1:30pm GMT

    Q4 2019 Intercontinental Exchange Inc Earnings Call

  • Barrons.com

    Intercontinental Exchange Stock Slid on the eBay Bid. Now’s the Time to Buy, Analyst Says.

    Intercontinental Exchange’s attempt to buy eBay confounded Wall Street and also provided a good entry point for investors wanting to buy into the stock.

  • Reuters

    MIAX plans September launch of stock trading on Pearl Equities

    MIAX Pearl, one of three options exchanges run by Miami International Holdings Inc, said on Monday it plans to launch stock trading in September, adding to a growing list of firms looking to take market share from incumbents like the New York Stock Exchange. MIAX said in a statement its plan to begin trading shares was still subject to approval by the U.S. Securities and Exchange Commission, and provided a link to a filing it made with the agency on Thursday. "The entry of an innovative, cost competitive market such as Pearl Equities will promote competition, spurring existing exchanges to improve their own executions systems and reduce trading costs," MIAX said in the filing.

  • Moody's

    Intercontinental Exchange, Inc. -- Moody's reviews Intercontinental Exchange (A2/P-1) for downgrade

    Moody's Investors Service (Moody's) has placed Intercontinental Exchange, Inc.'s (ICE) ratings on review for downgrade, including its A2 senior unsecured rating and Prime-1 commercial paper rating. This action follows ICE's recent statements associated with it having approached eBay, Inc. (eBay, Baa1 stable) to explore a range of potential strategic opportunities and its related commentary on its expansive strategic vision.

  • Business Wire

    Intercontinental Exchange Launches FIX Connectivity and Multi-Order Functionality for ICE ETF Hub

    Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced the launch of two key enhancements for its ICE ETF Hub platform:

  • Intercontinental Exchange, Inc. Just Released Its Yearly Results And Analysts Are Updating Their Estimates
    Simply Wall St.

    Intercontinental Exchange, Inc. Just Released Its Yearly Results And Analysts Are Updating Their Estimates

    Intercontinental Exchange, Inc. (NYSE:ICE) shares fell 7.1% to US$92.63 in the week since its latest full-year...

  • Cboe Global (CBOE) Q4 Earnings Beat Estimates, Rise Y/Y
    Zacks

    Cboe Global (CBOE) Q4 Earnings Beat Estimates, Rise Y/Y

    Cboe Global (CBOE) Q4 earnings reflect lower trading volumes, decline in expenses and effect of share buyback.

  • ICE’s Outside-the-Box Purchase of eBay Dies On the Table
    InvestorPlace

    ICE’s Outside-the-Box Purchase of eBay Dies On the Table

    The news first hit the internet on February 4. The Wall Street Journal reported that Intercontinental Exchange (NYSE:ICE), the owners of the New York Stock Exchange, had made an offer of more than $30 billion for eBay (NASDAQ:EBAY). EBAY stock jumped by more than 8%. Source: Mano Kors / Shutterstock.com For eBay shareholders, it was good while it lasted. ICE Threw Cold Water on eBay StockTwo days later, ICE CEO Jeff Sprecher announced that the company had broken off talks with eBay. As I write this, eBay is down almost 7% in pre-market trading Feb. 7, 2020. That downward trend is likely to carry into Friday's trading. InvestorPlace - Stock Market News, Stock Advice & Trading TipsWhen I first saw the news fly across my screen that ICE was making a play for eBay, much like the news Kobe Bryant had died, it took me a few seconds to process. * 7 Utility Stocks to Buy That Offer Juicy Dividends Why on god's green earth would the owner of the NYSE want to buy a company that helps people sell stuff? Many of ICE's investors felt the same way, voicing their concerns to Sprecher directly. "Based on investor conversations following today's ICE earnings call, ICE has decided to cease exploring strategic opportunities with EBay," the exchange said in a statement.From ICE's perspective, its obvious how the attributes of its business of running marketplaces on a large scale could be helpful to big companies looking to reinvigorate their operations or small ones trying to scale up. Sometimes, the unconventional works; this time, it didn't. If you own ICE stock, I wouldn't be concerned about its outside-the-box play for eBay. It shows how management is always considering ways to make ICE better while delivering value to shareholders; that's gold.But as for eBay, it demonstrates how rudderless the company is at the moment.If you own eBay stock, you better hope that some other buyer comes along in the not-too-distant future that is a more conventional fit because there appears few if any catalysts to it higher. Signs eBay is FalteringCNBC reported February 5 that eBay had ended its employee shuttle service for commuters in the San Francisco Bay Area. That comes after laying off 102 employees in San Francisco and Seattle. The company says not enough people were using the service, but it appears the real reason was to satisfy activist investors Elliott Management and Starboard Value. According to Bloomberg, Starboard is pushing the company to jettison its classifieds business while also setting loftier expectations for itself, including doing more with less. Hence, the cuts mentioned above. "In order to achieve the optimal outcome, we believe classifieds must be separated, and a more comprehensive and aggressive operating plan must be put in place to drive profitable growth in the core marketplace business," Peter Feld, the head of research for Starboard Value, stated in a letter to the company.Just as it had no interest in selling out to ICE, eBay appears to have little desire to meet the demands of the activists. At least not to the extent Starboard would like.Frankly, even though I believe that eBay is not a stock worth owning given its lack of direction, I find it amazing that these two investors -- Starboard own a little more than 1% and Elliott owns 1.4% -- who combined have less than half the ownership stake of founder Pierre Omidyar, dare to push their weight around like they own the place. They might have a lot of good points to make, but activism of this kind illustrates how the deck is stacked in favor of the 1%. But, I digress. Competition is Hurting BusinesseBay continues to fall behind its eCommerce rivals and the addition of sales taxes is only going to make its recovery that much more difficult. As the Financial Times reported in late January, a total of 33 states, including three biggies: California, Texas and New York, have already implemented internet sales taxes and more are expected to follow. "This rollout happened faster than anticipated and affected small businesses and consumer sellers requiring marketplaces to collect and remit on their behalf," said Scott Schenkel, eBay's interim chief executive. eBay believes a national internet sales tax makes sense to reduce the burden on small businesses. The reality is that eBay's revenue grew by just 2% in 2019, excluding currency, a figure that hardly instills fear at Amazon (NASDAQ:AMZN) headquarters. Shareholders can be thankful that it still managed to pull in $2.4 billion in non-GAAP profits from its ongoing operations. So, even though it's broken, the lights aren't about to go out in San Jose. The Bottom Line on EBAY StockIn fiscal 2019, eBay had $2.6 billion in free cash flow. Based on a current enterprise value of $30.0 billion, it has an FCF yield of 8.7%. Anything above 8%, I consider value territory. From this perspective, I can see why Starboard and Elliott are interested in eBay stock. It's a value play for sure. But as I said in November, I would still rather own its former stablemate, PayPal (NASDAQ:PYPL). Its future is much clearer. At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Utility Stocks to Buy That Offer Juicy Dividends * 10 Gold and Silver Stocks to Profit Off 2020's Fear Trade * 3 Top Companies That Should Be More Careful With Your Data The post ICEa€™s Outside-the-Box Purchase of eBay Dies On the Table appeared first on InvestorPlace.

  • Intercontinental Exchange (ICE) Q4 Earnings Meet, Rise Y/Y
    Zacks

    Intercontinental Exchange (ICE) Q4 Earnings Meet, Rise Y/Y

    Intercontinental Exchange's (ICE) fourth-quarter earnings are hit by lower revenues.