How to Buy Intercontinental Exchange Stock
Intercontinental Exchange Inc
Intercontinental Exchange is a financial datum & stock exchange company located in Georgia, United States, which is part of the Financial Services sector, and is traded under the ticker ICE on the NYSE exchange.
Intercontinental Exchange stock last closed at $109.18, down 0.9% from the previous day, and has increased 19.21% in one year. It has overperformed other stocks in the Financial Data & Stock Exchanges industry by 0.03 percentage points. Intercontinental Exchange stock is currently +23.23% from its 52-week low of $88.60, and -8.09% from its 52-week high of $118.79.
As of Sep 25, 2023, there are 560.3M ICE shares outstanding. The market capitalization of ICE is $61.17B. In the past 24 hours, 2.57M ICE shares were traded.
How to Buy Intercontinental Exchange Stock
Wondering how to invest in Intercontinental Exchange stock? Here's how.
- Decide where to buy Intercontinental Exchange stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you figure out where to buy Intercontinental Exchange stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Choose your method of payment and add your info.
- Evaluate Intercontinental Exchange stock: The Intercontinental Exchange ticker symbol is ICE. Is Intercontinental Exchange stock a good investment? Should you buy shares of ICE? How do ICE's underlying business fundamentals look? Do top analysts think Intercontinental Exchange is a good buy? Why has ICE's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if ICE is a good stock to buy).
- Place your ICE purchase: Decide if you will purchase ICE shares at the current market price or use a limit order to buy ICE stock at a specific price.
- Get key alerts regarding your ICE position: Create a watchlist to monitor your new investment in Intercontinental Exchange stock.
Step 1: Decide where to buy Intercontinental Exchange stock
You need a brokerage account to access the NYSE market and buy ICE shares.
Our preferred brokerage: eToro
In our opinion, eToro is the best stock brokerage. Here's why:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
- Access to global financial markets: From Technology to Industrials, New York to Hong Kong — you can fill your portfolio with stocks from the world's top exchanges.
- Social investing: eToro has a community with more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by signing up for an account with eToro now.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked the right brokerage, you need to fill out some personal info so you can invest in ICE stock today.
How to Start a New Account on eToro
- Click here to get started.
- Enter your personal details to create your new trading account.
- Submit your application by pressing the "Create Account" button.
Step 3: Deposit funds into your brokerage account
Now that you have created your account on the highest rated stock app, you need to deposit funds:
Check out the tutorial below for more details transferring funds into your new brokerage account.
Step 4: Evaluate Intercontinental Exchange stock
Once you have decided on the best place to buy Intercontinental Exchange stock, it's absolutely critical to research their stock before you invest, so you truly wrap your head around the risk as well as the opportunity.
Intercontinental Exchange shares data
Intercontinental Exchange Due Diligence Checks
WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on ICE's stock page.
Is ICE stock undervalued or overvalued?
You can use many financial metrics, analyses, models, and charts to gauge ICE's fair value.
Using relative valuations methods:
- ICE could be undervalued based on its P/E ratio of 36.15x, relative to Financial Data & Stock Exchanges industry P/E ratio of 43.96x
- ICE may be undervalued based on its P/B ratio of 2.57x, relative to Financial Data & Stock Exchanges industry P/B ratio of 3.97x
- ICE may be overvalued based on its PEG ratio of 1.19x
You can access more valuation analysis on ICE's stock here.
ICE Financials at a glance
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the ICE balance sheet.
- There are more short-term assets than long-term liabilities on the ICE balance sheet.
Failed Financial Due Diligence Checks:
- Total ICE debt is higher than 5 years ago, relative to shareholder equity.
- ICE profit margin has gone down from 35.6% to 17.6% in the past year.
- ICE earnings of $2.57B is not sufficient to cover its interest payments.
- ICE's operating cash flow of $3.63B allows it to safely service it's debt of $18.35B.
- ICE has a relatively high debt to equity ratio of 4.72.
Is ICE stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 10 Wall Street analysts who give recommendations on ICE, the consensus analyst rating on Intercontinental Exchange is a Strong Buy
It's important to note that analyst forecasts are not recommendations, nor are they investment advice.
Latest ICE Analyst Recommendations
Alexander Blostein, a top 10% analyst from Goldman Sachs reinstates ICE with a hold rating and announces their ICE price target of $125.00, on Sep 22, 2023.
Daniel Fannon, a bottom 19% analyst from Jefferies maintains ICE with a strong buy rating and raises their ICE price target from $129.00 to $134.00, on Sep 19, 2023.
Alex Kramm, a top 10% analyst from UBS maintains ICE with a strong buy rating and raises their ICE price target from $135.00 to $140.00, on Sep 8, 2023.
UBS's Alex Kramm raised their price target on Intercontinental Exchange (NYSE: ICE) by 3.7% from $135 to $140 on 2023/09/08. The analyst maintained their Strong Buy rating on the stock.
Although having modestly cut near-term estimates following the company's announcement of the Black Knight acquisition, with the deal completing on 2023/09/05, the analyst said UBS now remains positive "as the overhang is removed and new opportunities come into focus."
Michael Cyprys, a top 35% analyst from Morgan Stanley maintains ICE with a hold rating and lowers their ICE price target from $124.00 to $118.00, on Sep 6, 2023.
Patrick O'Shaughnessy, a bottom 4% analyst from Raymond James maintains ICE with a strong buy rating and raises their ICE price target from $133.00 to $137.00, on Sep 5, 2023.
You can dig deeper into what analysts are forecasting on the Intercontinental Exchange stock forecast page.
ICE Technical Indicators
ICE Earnings
Last year, ICE earnings were $1.69B. During the past five year, ICE's earnings have increased by -6.91% per year. This was slower than the Financial Data & Stock Exchanges industry average of 1.58%.
Last year, ICE revenue was $9.57B. During the last 5 year, ICE's revenue has grown by 9.75% per year. This was faster than the Financial Data & Stock Exchanges industry average of 8.74%.
You can analyze ICE's earnings and revenue performance here.
Latest Insiders Trades at ICE
In the past 12 months, insiders at ICE have sold more shares than they have bought.
Jeffrey C. Sprecher, Chief Executive Officer of ICE, was the latest ICE insider to sell. They sold $34,388.10 worth of ICE stock on Sep 21, 2023.
Get more info about who owns ICE shares here.
Can I get consistent income from ICE stock?
Intercontinental Exchange pays a dividend of 1.5%, compared to the Financial Data & Stock Exchanges industry's average dividend yield of 1.56%. If you owned $1,000 of ICE stock, you would have been paid $15.02 in the past year.
Intercontinental Exchange dividend payments have consistently grown over the past decade and have remained stable.
Dig into more info about Intercontinental Exchange dividend yield and history here.
What others are saying about ICE
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Place your ICE purchase
There are two main options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually fine for most investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount, use a limit order.
Hit the Open button and your broker will execute the order.
If you want additional info about investing in stocks on eToro, click the how to video below:
Step 6: Get key alerts regarding your ICE position
Now that you own some ICE stock, you'll want to keep up with your company.
Create a watchlist to get notified of important updates regarding your ICE stock.
ICE Feed
How to Buy Stock in Intercontinental Exchange
To summarize, here are the 6 steps to buy stock in Intercontinental Exchange:
- Decide where to buy Intercontinental Exchange stock
- Sign up for your brokerage account
- Deposit funds into your brokerage account
- Evaluate Intercontinental Exchange stock
- Place your ICE purchase
- Get key alerts regarding your ICE position
If you need a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to keep tabs on your new investment in Intercontinental Exchange, create a watchlist on WallStreetZen today.
Related Content
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.