ING Group, N.V. (ING) Earning Somewhat Favorable Media Coverage, Report Shows
Media stories about ING Group, N.V. (NYSE:ING) have trended somewhat positive on Wednesday, Accern Sentiment reports. Accern ranks the sentiment of media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. ING Group, N.V. earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave news articles about the financial services provider an impact score of 46.9265048420524 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news articles that may have effected Accern Sentiment’s scoring:
- ING Group, NV (ING) Ex-Dividend Date Scheduled for August 10, 2017 – Nasdaq (nasdaq.com)
- ING Group, NV Perpetual Dent (ISG) Reaches New 52-Week High – First News 24 (firstnewspaper24.com)
- ING Group, NV (NYSE:ING) Traded Significantly Above Its 50 Day Moving Average – First News 24 (firstnewspaper24.com)
- Stock Price Performance Review for ING Group, NV (NYSE:ING) – Jonesboro Recorder (jonesbororecorder.com)
- ING's Patel Sees Three Main Parts to U.S. Dollar Weakness (finance.yahoo.com)
ING has been the topic of a number of recent research reports. Deutsche Bank AG restated a “buy” rating on shares of ING Group, N.V. in a research report on Tuesday, June 20th. Zacks Investment Research downgraded shares of ING Group, N.V. from a “hold” rating to a “sell” rating in a research report on Wednesday, May 3rd. ValuEngine upgraded shares of ING Group, N.V. from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, June 6th. BidaskClub upgraded shares of ING Group, N.V. from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 8th. Finally, UBS AG restated a “buy” rating on shares of ING Group, N.V. in a research report on Wednesday, April 19th. Five analysts have rated the stock with a hold rating, five have assigned a buy rating and two have assigned a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $17.00.
Shares of ING Group, N.V. (NYSE ING) traded down 0.75% during mid-day trading on Wednesday, reaching $18.61. 2,459,672 shares of the company traded hands. The stock’s 50 day moving average is $17.68 and its 200 day moving average is $16.01. ING Group, N.V. has a 52-week low of $11.58 and a 52-week high of $18.94. The stock has a market capitalization of $71.77 billion, a PE ratio of 12.37 and a beta of 1.15.
ING Group, N.V. (NYSE:ING) last issued its earnings results on Wednesday, May 10th. The financial services provider reported $0.32 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.30 by $0.02. ING Group, N.V. had a net margin of 26.05% and a return on equity of 10.85%. The company had revenue of $4.68 billion for the quarter. On average, analysts anticipate that ING Group, N.V. will post $0.90 earnings per share for the current year.
The company also recently announced a None dividend, which will be paid on Monday, August 21st. Stockholders of record on Monday, August 14th will be paid a $0.232 dividend. This represents a dividend yield of 3.05%. The ex-dividend date is Thursday, August 10th. This is an increase from ING Group, N.V.’s previous None dividend of $0.22. ING Group, N.V.’s payout ratio is currently 45.74%.
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About ING Group, N.V.
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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