ICL Group (ICL) to Release Earnings on Monday

ICL Group (NYSE:ICL) is expected to post its Q1 2025 quarterly earnings results before the market opens on Monday, May 19th. Analysts expect ICL Group to post earnings of $0.07 per share for the quarter.

ICL Group (NYSE:ICL) last issued its earnings results on Wednesday, February 26th. The basic materials company reported $0.08 EPS for the quarter, meeting analysts’ consensus estimates of $0.08. ICL Group had a return on equity of 8.31% and a net margin of 5.83%. The firm had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.65 billion. On average, analysts expect ICL Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

ICL Group Stock Performance

Shares of NYSE ICL opened at $6.74 on Friday. The company has a market capitalization of $8.85 billion, a P/E ratio of 21.73, a price-to-earnings-growth ratio of 7.10 and a beta of 1.15. The business’s 50-day moving average price is $6.27 and its two-hundred day moving average price is $5.63. ICL Group has a one year low of $3.79 and a one year high of $6.95. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.56 and a quick ratio of 0.91.

ICL Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 25th. Investors of record on Wednesday, March 12th were given a dividend of $0.0403 per share. This represents a $0.16 annualized dividend and a dividend yield of 2.39%. The ex-dividend date was Wednesday, March 12th. This is a boost from ICL Group’s previous quarterly dividend of $0.01. ICL Group’s payout ratio is currently 50.00%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on ICL shares. StockNews.com cut ICL Group from a “strong-buy” rating to a “buy” rating in a report on Thursday, February 27th. Barclays raised their price target on ICL Group from $6.00 to $7.00 and gave the stock an “equal weight” rating in a research report on Wednesday, March 5th. Finally, BMO Capital Markets lifted their target price on ICL Group from $6.00 to $6.50 and gave the stock a “market perform” rating in a report on Thursday, February 27th.

Institutional Investors Weigh In On ICL Group

Institutional investors have recently made changes to their positions in the stock. AQR Capital Management LLC bought a new stake in ICL Group during the first quarter worth $107,000. United Services Automobile Association lifted its stake in shares of ICL Group by 20.4% in the 1st quarter. United Services Automobile Association now owns 26,218 shares of the basic materials company’s stock valued at $153,000 after acquiring an additional 4,438 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in ICL Group by 120.2% in the first quarter. Goldman Sachs Group Inc. now owns 4,153,799 shares of the basic materials company’s stock valued at $23,635,000 after purchasing an additional 2,267,245 shares during the period. 13.38% of the stock is currently owned by institutional investors.

About ICL Group

ICL Group Ltd, together with its subsidiaries, operates as a specialty minerals and chemicals company worldwide. It operates in four segments: Industrial Products, Potash, Phosphate Solutions, and Growing Solutions. The Industrial Products segment produces bromine out of a solution that is a by-product of the potash production process, as well as bromine-based compounds; produces various grades of potash, salt, magnesium chloride, and magnesia products; and produces and markets phosphorous-based flame retardants and other phosphorus-based products.