Grufity logoGrufity logo
StocksFundsSearch Filings

Intercontinental Exchange Inc Stock Research

ICE

105.16USD+0.05(+0.05%)Market Closed

Market Summary

USD105.16+0.05
Market Closed
0.05%

ICE Alerts

ICE Stock Price

ICE RSI Chart

ICE Valuation

Market Cap

58.8B

Price/Earnings (Trailing)

40.71

Price/Sales (Trailing)

6.09

EV/EBITDA

-14.62

Price/Free Cashflow

18.14

ICE Price/Sales (Trailing)

ICE Profitability

EBT Margin

18.76%

Return on Equity

6.37%

Return on Assets

0.74%

Free Cashflow Yield

5.51%

ICE Fundamentals

ICE Revenue

Revenue (TTM)

9.6B

Revenue Y/Y

0.53%

Revenue Q/Q

4%

ICE Earnings

Earnings (TTM)

1.4B

Earnings Y/Y

-0.3%

Earnings Q/Q

54.12%

Price Action

52 Week Range

88.60113.07
(Low)(High)

Last 7 days

-2.7%

Last 30 days

0.5%

Last 90 days

2.6%

Trailing 12 Months

6.1%

ICE Financial Health

Current Ratio

1.05

Debt/Equity

0.61

Debt/Cashflow

0.23

ICE Investor Care

Dividend Yield

1.47%

Dividend/Share (TTM)

1.42

Diluted EPS (TTM)

2.58

Peers (Alternatives to Intercontinental Exchange)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
68.9B
5.1B
-4.47% -5.86%
25.61
13.73
6.93% 2.07%
58.8B
9.6B
0.53% 6.07%
40.71
6.09
4.90% -64.51%
26.6B
6.2B
0.17% -63.94%
23.22
4.27
7.85% -2.39%
24.5B
6.2B
-1.68% -15.58%
12.06
3.54
-20.05% -51.35%
14.1B
4.0B
-2.83% 24.30%
60.1
3.56
14.85% -55.58%
MID-CAP
8.5B
3.5B
1.77% 31.69%
4.63
3.18
133.79% 12.59%
7.7B
1.9B
0.40% 0.87%
19.52
4.07
-8.09% -35.44%
6.6B
4.7B
-0.28% -9.28%
9.92
1.43
-0.66% -21.72%
1.7B
64.5B
-14.01% 12.32%
7.79
0.03
22.22% 49.25%
SMALL-CAP
1.7B
2.3B
-9.75% -32.03%
6.34
0.76
-8.65% -30.67%
1.6B
1.8B
- 37.01%
33.6
0.91
-6.78% -61.11%
1.1B
1.5B
0.39% 32.10%
14.3
0.71
-27.22% -74.14%
879.5M
16.9M
6.91% 2.30%
-58.76
52.07
-24.32% -161.15%
742.8M
305.0M
9.41% -21.41%
14.66
2.47
-2.06% 216.45%
410.9M
1.2B
-2.60% 5.15%
10.91
0.35
-9.34% -70.93%

Financials for Intercontinental Exchange

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue0.1%9,6499,6369,5879,4779,198
Operating Expenses0.5%3,6743,6543,7103,7363,699
  S&GA Expenses8.4%245226218216219
EBITDA-29.7%3,4554,9135,9917,124-
EBITDA Margin-30.0%0.36*0.51*0.63*0.77*-
Earnings Before Taxes0.9%1,8251,8083,3534,5045,697
EBT Margin-46.4%0.19*0.35*0.48*0.62*-
Interest Expenses11.9%689616542474419
Net Income-0.1%1,4441,4462,5483,3724,069
Net Income Margin-43.5%0.15*0.27*0.36*0.44*-
Free Cahsflow1.9%3,3293,2683,0872,970-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets-22.0%151,550194,338211,292215,207208,488
  Current Assets-27.1%114,336156,947173,712176,375169,378
    Cash Equivalents-26.4%110,691150,3431,183830638
  Goodwill0.0%21,12021,11121,07521,10621,141
Liabilities-25.2%128,339171,577188,872192,346185,785
  Current Liabilities-28.9%106,006149,171166,321169,422168,479
.    Short Term Borrowings-99.8%4.001,777---
    LT Debt, Current-100.0%-4.007.004.001,777
    LT Debt, Non Current0.0%18,12318,11818,11318,10912,401
Shareholder's Equity2.2%23,21122,70622,37922,86122,703
  Retained Earnings2.8%15,36214,94314,73115,13514,793
  Additional Paid-In Capital0.5%14,38814,31314,26914,20114,153
Shares Outstanding0%559559559558559
Minority Interest-20.0%44.0055.0041.0047.0036.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations-2.9%3,4513,5543,4553,2413,145
  Share Based Compensation1.3%157155192191190
Cashflow From Investing171.8%1,840677-4,472513-348
Cashflow From Financing-3043.4%-57,870-1,84157,23376,00274,816
  Dividend Payments2.6%875853826800774
  Buy Backs-75.2%157632882882725

Risks for ICE

What is the probability of a big loss on ICE?

38.9%


Probability that Intercontinental Exchange stock will be more than 20% underwater in next one year

16.1%


Probability that Intercontinental Exchange stock will be more than 30% underwater in next one year.

0%


Probability that Intercontinental Exchange stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does ICE drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Intercontinental Exchange was unfortunately bought at previous high price.

Drawdowns

Returns for ICE

Cumulative Returns on ICE

13.2%


10-Year Cumulative Returns

11.2%


7-Year Cumulative Returns

9.4%


5-Year Cumulative Returns

4.7%


3-Year Cumulative Returns

What are the long-term rolling returns for ICE?

FIve years rolling returns for Intercontinental Exchange.

Annualized Returns

Which funds bought or sold ICE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-05-24
Old North State Trust, LLC
unchanged
-
-
40,000
0.03%
2023-05-23
Capital Impact Advisors, LLC
sold off
-100
-154,808
-
-%
2023-05-23
Seaport Global Advisors, LLC
added
13.04
27,807
214,316
0.68%
2023-05-23
Toroso Investments, LLC
added
108
5,555,000
10,510,000
0.18%
2023-05-23
Brookfield Corp /ON/
reduced
-44.62
-1,666,760
2,147,020
0.01%
2023-05-23
Front Row Advisors LLC
added
0.3
2,000
71,000
0.03%
2023-05-22
AMERIPRISE FINANCIAL INC
added
4.31
25,944,900
455,729,000
0.15%
2023-05-22
FDx Advisors, Inc.
unchanged
-
-
1,988,000
0.09%
2023-05-22
UNIVERSITY OF TEXAS/TEXAS AM INVESTMENT MANAGMENT CO
sold off
-100
-271,000
-
-%
2023-05-22
PUTNAM INVESTMENTS LLC
reduced
-1.81
-6,004
3,225,270
-%

1–10 of 44

Latest Funds Activity

Are funds buying ICE calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own ICE
No. of Funds

Intercontinental Exchange News

BusinessLine
Crude Oil Prices Rally on Unexpected Inventory Draw.
BusinessLine,
43 hours ago
ARMENPRESS
Oil Prices Up - 26-05-23.
ARMENPRESS,
2 days ago
DTN The Progressive Farmer
Oil Gains as USD Softens Ahead of PCE Inflation Data.
DTN The Progressive Farmer,
2 days ago
Galveston County Daily News
DTN The Progressive Farmer
Oil Falls 2% After Russia Dismissed More Cuts by OPEC+.
DTN The Progressive Farmer,
4 days ago
Marketscreener.com
ICE Review : Not Enough Support for Canola.
Marketscreener.com,
4 days ago

Schedule 13G FIlings of Intercontinental Exchange

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
8.13%
45,388,511
SC 13G/A
Feb 03, 2023
blackrock inc.
7.4%
41,053,701
SC 13G/A
Feb 03, 2022
blackrock inc.
8.3%
46,929,022
SC 13G/A
Feb 16, 2021
price t rowe associates inc /md/
2.6%
15,133,169
SC 13G/A
Feb 10, 2021
vanguard group inc
7.65%
42,921,518
SC 13G/A
Jan 29, 2021
blackrock inc.
6.5%
36,684,959
SC 13G/A
Feb 14, 2020
price t rowe associates inc /md/
5.0%
28,162,140
SC 13G/A
Feb 12, 2020
vanguard group inc
7.73%
43,089,526
SC 13G/A
Feb 05, 2020
blackrock inc.
7.0%
39,062,660
SC 13G/A

ICE Fair Value

Intercontinental Exchange fair value in different scenarios

The table shows the Fair Value estimates for Intercontinental Exchange for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

67.64

-35.68%

84.38

-19.76%

114.98

9.34%

163.02

55.02%

191.31

81.92%
Current Inflation

61.80

-41.23%

75.94

-27.79%

101.39

-3.59%

141.49

34.55%

164.80

56.71%
Very High Inflation

54.63

-48.05%

65.81

-37.42%

85.49

-18.70%

116.73

11.00%

134.58

27.98%

Historical Intercontinental Exchange Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Intercontinental Exchange

View All Filings
Date Filed Form Type Document
May 25, 2023
4
Insider Trading
May 23, 2023
144
Notice of Insider Sale Intent
May 23, 2023
144
Notice of Insider Sale Intent
May 23, 2023
4
Insider Trading
May 23, 2023
4
Insider Trading
May 23, 2023
4
Insider Trading
May 23, 2023
4
Insider Trading
May 23, 2023
4
Insider Trading
May 23, 2023
4
Insider Trading
May 23, 2023
4
Insider Trading

Latest Insider Trading transactions for ICE

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-05-23
Foley Douglas
sold
-173,568
108
-1,600
svp, hr & administration
2023-05-19
Silver Caroline Louise
acquired
-
-
2,267
-
2023-05-19
NOONAN THOMAS E
acquired
-
-
2,036
-
2023-05-19
Hague William Jefferson
acquired
-
-
2,267
-
2023-05-19
Bowen Sharon
acquired
-
-
2,036
-
2023-05-19
Mulhern Mark F
acquired
-
-
2,036
-
2023-05-19
Farooqui Duriya M
acquired
-
-
2,036
-
2023-05-19
Cooper Shantella E.
acquired
-
-
2,036
-
2023-05-19
Tirinnanzi Martha A
acquired
-
-
2,036
-
2023-05-19
SPRIESER JUDITH A
acquired
-
-
2,267
-

1–10 of 50

Jeffrey C. Sprecher
8860
Intercontinental Exchange, Inc., together with its subsidiaries, operates regulated exchanges, clearing houses, and listings venues for commodity, financial, fixed income, and equity markets in the United States, the United Kingdom, the European Union, Singapore, Israel, and Canada. It operates through three segments: Exchanges, Fixed Income and Data Services, and Mortgage Technology. The company operates marketplaces for listing, trading, and clearing an array of derivatives contracts and financial securities, such as commodities, interest rates, foreign exchange, and equities, as well as corporate and exchange-traded funds; trading venues, including 13 regulated exchanges and 6 clearing houses; and offers futures and options products for energy, agricultural and metals, financial, cash equities and equity, over-the-counter, and other markets, as well as listings and data and connectivity services. It also provides fixed income data and analytic, fixed income execution, CDS clearing, and other multi-asset class data and network services. In addition, the company offers proprietary and comprehensive mortgage origination platform, which serves residential mortgage loans; closing solutions that provides customers connectivity to the mortgage supply chain and facilitates the secure exchange of information; data and analytics services; and Data as a Service for lenders to access data and origination information. Intercontinental Exchange, Inc. was founded in 2000 and is headquartered in Atlanta, Georgia.

ICE Income Statement

2023-03-31
Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues:  
Total revenues$ 2,472$ 2,459
Transaction-based expenses:  
Section 31 fees11951
Cash liquidity payments, routing and clearing457509
Total revenues, less transaction-based expenses1,8961,899
Operating expenses:  
Compensation and benefits352359
Professional services2834
Acquisition-related transaction and integration costs219
Technology and communication172175
Rent and occupancy2021
Selling, general and administrative7455
Depreciation and amortization260254
Total operating expenses927907
Operating income969992
Other income/(expense):  
Interest income911
Interest expense(176)(103)
Other expense, net(35)(58)
Total other income/(expense), net(120)(160)
Income before income tax expense849832
Income tax expense175165
Net income674667
Net income attributable to non-controlling interest(19)(10)
Net income attributable to Intercontinental Exchange, Inc.$ 655$ 657
Earnings per share attributable to Intercontinental Exchange, Inc. common stockholders:  
Basic (in dollars per share)$ 1.17$ 1.17
Diluted (in dollars per share)$ 1.17$ 1.16
Weighted average common shares outstanding:  
Basic (in shares)559561
Diluted (in shares)561564
Exchanges  
Revenues:  
Total revenues$ 1,673$ 1,643
Fixed income and data services  
Revenues:  
Total revenues563509
Mortgage technology  
Revenues:  
Total revenues$ 236$ 307

ICE Balance Sheet

2023-03-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 2,069$ 1,799
Short-term restricted cash and cash equivalents6,1456,149
Cash and cash equivalent margin deposits and guaranty funds102,072141,990
Invested deposits, delivery contracts receivable and unsettled variation margin1,8975,382
Customer accounts receivable, net of allowance for doubtful accounts of $21 and $22 at March 31, 2023 and December 31, 2022, respectively1,6501,169
Prepaid expenses and other current assets503458
Total current assets114,336156,947
Property and equipment, net1,7271,767
Other non-current assets:  
Goodwill21,12021,111
Other intangible assets, net12,94613,090
Long-term restricted cash and cash equivalents405405
Other non-current assets1,0161,018
Total other non-current assets35,48735,624
Total assets151,550194,338
Current liabilities:  
Accounts payable and accrued liabilities949866
Section 31 fees payable118223
Accrued salaries and benefits146352
Deferred revenue562170
Short-term debt04
Margin deposits and guaranty funds102,072141,990
Invested deposits, delivery contracts payable and unsettled variation margin1,8975,382
Other current liabilities262184
Total current liabilities106,006149,171
Non-current liabilities:  
Non-current deferred tax liability, net3,4093,493
Long-term debt18,12318,118
Accrued employee benefits157160
Non-current operating lease liability233254
Other non-current liabilities411381
Total non-current liabilities22,33322,406
Total liabilities128,339171,577
Commitments and contingencies
Intercontinental Exchange, Inc. stockholders’ equity:  
Preferred stock, $0.01 par value; 100 shares authorized; none issued or outstanding00
Common stock, $0.01 par value; 1,500 shares authorized; 635 and 634 issued at March 31, 2023 and December 31, 2022, respectively, and 559 shares outstanding for both March 31, 2023 and December 31, 202266
Treasury stock, at cost; 76 and 75 shares at March 31, 2023 and December 31, 2022, respectively(6,274)(6,225)
Additional paid-in capital14,38814,313
Retained earnings15,36214,943
Accumulated other comprehensive loss(315)(331)
Total Intercontinental Exchange, Inc. stockholders’ equity23,16722,706
Non-controlling interest in consolidated subsidiaries4455
Total equity23,21122,761
Total liabilities and equity$ 151,550$ 194,338