News coverage about ING Groep (NYSE:ING) has trended somewhat positive on Thursday, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. 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 coverage optimism score of 0.14 on Accern’s scale. Accern also gave news headlines about the financial services provider an impact score of 46.860069293057 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:
- ING to pay $900M to end Dutch money-laundering probe (gazette.com)
- ING receives notice from SEC on conclusion of investigation (markets.businessinsider.com)
- ING Says SEC Ends Probe Into Company Without Enforcement Action (wsj.com)
- [$$] ING Says SEC Ends Probe Into Bank Without Enforcement Action (finance.yahoo.com)
- Shinhan Financial to buy ING’s ex-S.Korean unit for $2.1 bln (nasdaq.com)
NYSE ING opened at $13.42 on Thursday. The stock has a market capitalization of $52.77 billion, a P/E ratio of 9.32, a P/E/G ratio of 1.28 and a beta of 1.28. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 2.29. ING Groep has a 12 month low of $13.16 and a 12 month high of $20.58.
ING Groep (NYSE:ING) last released its quarterly earnings data on Thursday, August 2nd. The financial services provider reported $0.44 EPS for the quarter. The business had revenue of $5.35 billion during the quarter, compared to the consensus estimate of $5.06 billion. ING Groep had a return on equity of 10.28% and a net margin of 28.47%. equities research analysts predict that ING Groep will post 1.57 EPS for the current year.
The business also recently disclosed a special dividend, which was paid on Tuesday, August 21st. Investors of record on Monday, August 13th were issued a $0.2799 dividend. The ex-dividend date was Friday, August 10th. This represents a yield of 6.86%. ING Groep’s dividend payout ratio is presently 30.56%.
ING has been the subject of a number of recent analyst reports. ValuEngine downgraded ING Groep from a “hold” rating to a “sell” rating in a report on Saturday, June 2nd. Zacks Investment Research upgraded ING Groep from a “sell” rating to a “hold” rating in a report on Tuesday, August 28th. Finally, JPMorgan Chase & Co. downgraded ING Groep from an “overweight” rating to a “neutral” rating in a report on Monday. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $21.00.
About ING Groep
ING Groep N.V., a financial institution, provides various banking products and services to individuals, small and medium-sized enterprises, and mid-corporates. It operates in Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, and Wholesale Banking segments. The company accepts various deposits, such as current and savings accounts; and offers business lending products, as well as consumer lending products, such as residential mortgage loans, term loans, and revolver and personal loans.
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