IG Group Holdings (IGG)

Sector:

Financials

Index:

FTSE 250

822.00p
   
  • Change Today:
    -3.00p
  • 52 Week High: 952.50
  • 52 Week Low: 750.00
  • Currency: UK Pounds
  • Shares Issued: 431.57m
  • Volume: 1,113,654
  • Market Cap: £3,547.54m
  • RiskGrade: 149
  • Beta: 0.03

IG Group revenues grow on 'strong' Q1 performance

By Iain Gilbert

Date: Tuesday 26 Oct 2021

LONDON (ShareCast) - (Sharecast News) - Online trading platform operator IG Group said on Thursday that it had delivered a "strong first-quarter performance", driven by the size and quality of its client base.
IG Group stated adjusted group revenues were £221.7m in the three months ended 31 August, in line with expectations and higher than both the same period in the prior year and its previous quarter performances of £209.0m and £214.1m.

The FTSE 250-listed firm added that in the approximately two-month period since the completion of its acquisition of Tastytrade, the unit had delivered revenues of £20.8m.

Total active clients were up 12% in the quarter to 287,200, while new client acquisitions somewhat moderated during the period, as expected, hitting 27,500.

"The strong business performance in the quarter reflects the size and quality of the group's active client base. The group remains confident of achieving its medium-term targets for the Core Markets+ and High Potential Markets portolios," said IG Group.

As of 0855 BST, IG Group shares were up 4.21% at 866.50p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

IGG Market Data

Currency UK Pounds
Share Price 822.00p
Change Today -3.00p
% Change -0.36 %
52 Week High 952.50
52 Week Low 750.00
Volume 1,113,654
Shares Issued 431.57m
Market Cap £3,547.54m
Beta 0.03
RiskGrade 149

IGG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
51.77% above the market average51.77% above the market average51.77% above the market average51.77% above the market average51.77% above the market average
0.8% below the sector average0.8% below the sector average0.8% below the sector average0.8% below the sector average0.8% below the sector average
Price Trend
25.16% above the market average25.16% above the market average25.16% above the market average25.16% above the market average25.16% above the market average
19.71% above the sector average19.71% above the sector average19.71% above the sector average19.71% above the sector average19.71% above the sector average
Income
94.10% above the market average94.10% above the market average94.10% above the market average94.10% above the market average94.10% above the market average
78.67% above the sector average78.67% above the sector average78.67% above the sector average78.67% above the sector average78.67% above the sector average
Growth
90.53% above the market average90.53% above the market average90.53% above the market average90.53% above the market average90.53% above the market average
74.58% above the sector average74.58% above the sector average74.58% above the sector average74.58% above the sector average74.58% above the sector average

What The Brokers Say

Strong Buy 3
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 4
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

IGG Dividends

  Latest Previous
  Final Interim
Ex-Div 23-Sep-21 28-Jan-21
Paid 21-Oct-21 25-Feb-21
Amount 30.24p 12.96p

Trades for 26-Jan-2022

Time Volume / Share Price
16:39 50,000 @ 824.00p
16:39 8,689 @ 824.69p
16:36 56,393 @ 824.69p
16:36 8,689 @ 824.69p
16:36 100,000 @ 824.69p

IGG Key Personnel

CEO June Felix
COO Jon Noble
Chair Robert Michael McTighe

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