News stories about ING Groep (NYSE:ING) have been trending somewhat positive this week, Accern reports. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. ING Groep earned a news impact score of 0.14 on Accern’s scale. Accern also gave headlines about the financial services provider an impact score of 46.2171491244884 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
ING traded up $0.02 during trading on Friday, hitting $17.51. 1,398,361 shares of the company’s stock were exchanged, compared to its average volume of 2,627,484. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.96. ING Groep has a 1 year low of $15.18 and a 1 year high of $20.58. The company has a market cap of $67,962.47, a P/E ratio of 12.16, a P/E/G ratio of 1.43 and a beta of 1.36.
ING Groep (NYSE:ING) last released its quarterly earnings data on Wednesday, January 31st. The financial services provider reported $0.31 earnings per share (EPS) for the quarter. The company had revenue of $5.14 billion during the quarter. ING Groep had a net margin of 27.70% and a return on equity of 10.22%. research analysts anticipate that ING Groep will post 1.71 earnings per share for the current year.
The company also recently announced a semiannual dividend, which will be paid on Friday, May 11th. Stockholders of record on Thursday, April 26th will be paid a $0.5344 dividend. The ex-dividend date is Wednesday, April 25th. This is an increase from ING Groep’s previous semiannual dividend of $0.45. This represents a dividend yield of 5.77%. ING Groep’s dividend payout ratio is 42.36%.
Several equities research analysts have issued reports on ING shares. Zacks Investment Research downgraded shares of ING Groep from a “buy” rating to a “hold” rating in a research note on Thursday, January 18th. ValuEngine upgraded shares of ING Groep from a “buy” rating to a “strong-buy” rating in a research note on Sunday, December 31st. Two analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $18.00.
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About ING Groep
ING Groep N.V. (ING) is a financial institution. The Company offers banking services. The Company’s segments include Retail Netherlands, which offers current and savings accounts, business lending, mortgages and other consumer lending in the Netherlands; Retail Belgium, which offers products that are similar to those in the Netherlands; Retail Germany, which offers current and savings accounts, mortgages and other customer lending; Retail Other, which offers products that are similar to those in the Netherlands, and Wholesale Banking, which offers wholesale banking activities (a full range of products from cash management to corporate finance), real estate and lease.
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