Headlines about ING Groep (NYSE:ING) have been trending somewhat positive this week, Accern reports. Accern ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. ING Groep earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 45.8873443953082 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the news articles that may have impacted Accern’s rankings:
Shares of NYSE ING traded up $0.02 during trading hours on Friday, hitting $17.51. 1,398,361 shares of the stock were exchanged, compared to its average volume of 2,627,484. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.96. The company has a market cap of $68,040.19, a P/E ratio of 12.16, a P/E/G ratio of 1.43 and a beta of 1.36. ING Groep has a one year low of $15.18 and a one year high of $20.58.
ING Groep (NYSE:ING) last posted its quarterly earnings data on Wednesday, January 31st. The financial services provider reported $0.31 earnings per share (EPS) for the quarter. The business 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%. equities research analysts forecast that ING Groep will post 1.71 EPS for the current fiscal year.
The company also recently disclosed a semiannual dividend, which will be paid on Friday, May 11th. Investors of record on Thursday, April 26th will be issued a dividend of $0.5344 per share. This is an increase from ING Groep’s previous semiannual dividend of $0.45. This represents a dividend yield of 5.77%. The ex-dividend date is Wednesday, April 25th. ING Groep’s dividend payout ratio is currently 42.36%.
Several analysts have commented on the stock. Zacks Investment Research raised shares of ING Groep from a “hold” rating to a “buy” rating and set a $22.00 target price for the company in a research report on Tuesday, January 16th. ValuEngine raised shares of ING Groep from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 31st. Two research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. ING Groep currently has a consensus rating of “Buy” and an average target price 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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