Brokerages Set Intercontinental Exchange Inc. (NYSE:ICE) PT at $193.80

Intercontinental Exchange Inc. (NYSE:ICE) has been assigned a consensus recommendation of “Buy” from the eleven ratings firms that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $193.80.

A number of research analysts recently weighed in on the stock. Morgan Stanley raised their target price on shares of Intercontinental Exchange from $183.00 to $187.00 and gave the company an “equal weight” rating in a report on Friday, April 10th. Raymond James Financial reissued a “strong-buy” rating and issued a $211.00 target price on shares of Intercontinental Exchange in a report on Tuesday, January 6th. Royal Bank Of Canada reissued an “outperform” rating and issued a $180.00 target price on shares of Intercontinental Exchange in a report on Tuesday, January 6th. Wall Street Zen raised shares of Intercontinental Exchange from a “sell” rating to a “hold” rating in a report on Saturday, February 7th. Finally, Weiss Ratings downgraded Intercontinental Exchange from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, April 24th.

Insider Buying and Selling

In related news, President Benjamin Jackson sold 3,865 shares of the firm’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $153.73, for a total value of $594,166.45. Following the completion of the sale, the president directly owned 165,304 shares in the company, valued at $25,412,183.92. This trade represents a 2.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Christopher Scott Edmonds sold 11,303 shares of the firm’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $153.82, for a total value of $1,738,627.46. Following the completion of the sale, the insider owned 14,266 shares of the company’s stock, valued at approximately $2,194,396.12. This represents a 44.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 348,418 shares of company stock valued at $54,196,631 over the last 90 days. 0.84% of the stock is currently owned by insiders.

Institutional Trading of Intercontinental Exchange

A number of institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. lifted its position in Intercontinental Exchange by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 54,153,170 shares of the financial services provider’s stock worth $8,770,647,000 after buying an additional 413,639 shares during the last quarter. J. Stern & Co. LLP lifted its position in Intercontinental Exchange by 17,398.1% in the fourth quarter. J. Stern & Co. LLP now owns 54,107,273 shares of the financial services provider’s stock worth $8,763,214,000 after buying an additional 53,798,055 shares during the last quarter. State Street Corp lifted its position in shares of Intercontinental Exchange by 3.4% during the fourth quarter. State Street Corp now owns 25,653,952 shares of the financial services provider’s stock worth $4,154,914,000 after purchasing an additional 837,208 shares during the last quarter. Morgan Stanley lifted its position in shares of Intercontinental Exchange by 1.0% during the fourth quarter. Morgan Stanley now owns 15,875,593 shares of the financial services provider’s stock worth $2,571,212,000 after purchasing an additional 158,450 shares during the last quarter. Finally, Wellington Management Group LLP lifted its position in shares of Intercontinental Exchange by 64.7% during the third quarter. Wellington Management Group LLP now owns 10,354,224 shares of the financial services provider’s stock worth $1,744,480,000 after purchasing an additional 4,067,922 shares during the last quarter. 89.30% of the stock is currently owned by institutional investors.

Intercontinental Exchange Trading Up 1.3%

ICE stock opened at $158.16 on Friday. The firm has a fifty day moving average price of $160.21 and a 200 day moving average price of $159.99. Intercontinental Exchange has a fifty-two week low of $143.17 and a fifty-two week high of $189.35. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.02 and a current ratio of 1.02. The firm has a market cap of $89.58 billion, a PE ratio of 27.41, a price-to-earnings-growth ratio of 1.62 and a beta of 1.03.

Intercontinental Exchange (NYSE:ICE) last posted its earnings results on Thursday, April 30th. The financial services provider reported $2.35 earnings per share for the quarter, beating analysts’ consensus estimates of $2.23 by $0.12. Intercontinental Exchange had a net margin of 26.23% and a return on equity of 13.99%. The firm had revenue of $3.67 billion during the quarter, compared to analyst estimates of $2.88 billion. During the same period last year, the firm posted $1.72 earnings per share. Intercontinental Exchange’s revenue for the quarter was up 20.4% compared to the same quarter last year. Sell-side analysts anticipate that Intercontinental Exchange will post 8.1 earnings per share for the current fiscal year.

Intercontinental Exchange Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Wednesday, December 16th will be given a $0.52 dividend. The ex-dividend date is Wednesday, December 16th. This represents a $2.08 dividend on an annualized basis and a yield of 1.3%. Intercontinental Exchange’s dividend payout ratio (DPR) is currently 36.05%.

Key Stories Impacting Intercontinental Exchange

Here are the key news stories impacting Intercontinental Exchange this week:

• Positive Sentiment: Q1 results beat expectations — adjusted EPS $2.35 (well above consensus) and revenue materially beat estimates, driven by a ~34% jump in transaction revenues, signaling continued strength in core trading activity. Intercontinental Q1 Earnings and Revenues Beat Estimates, Rise Y/Y
• Positive Sentiment: Management described the quarter as record-setting on the earnings call, highlighting the drivers behind revenue growth and reinforcing confidence in the franchise’s mix of data, clearing and transaction businesses. Intercontinental Exchange Posts Record-Setting Earnings Call
• Positive Sentiment: Board approved an 8% higher Q2 cash dividend of $0.52/share (payable June 30), supporting the stock’s income profile and signaling confidence in cash flow. Intercontinental Exchange Approves Second-Quarter Dividend of $0.52 per Share
• Neutral Sentiment: The full earnings call transcript and slide deck provide more detail on segment performance, margin and client flows for investors doing deeper diligence. Intercontinental Exchange, Inc. (ICE) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Company-provided press release, slide deck and conference materials (available from the earnings release) back up the headline numbers for model updates. Intercontinental Exchange Earnings Release & Materials

Intercontinental Exchange Company Profile

Intercontinental Exchange (NYSE: ICE) is a global operator of exchanges, clearing houses and data services that provides infrastructure for the trading, clearing, settlement and information needs of financial and commodity markets. Founded in 2000 by Jeffrey C. Sprecher as an electronic energy trading platform, the company has grown through organic expansion and acquisitions to operate a broad portfolio of assets spanning listed equities, futures and options, fixed income, and over-the-counter derivatives.