ICL Group (ICL) Expected to Announce Quarterly Earnings on Monday

ICL Group (NYSE:ICL) is anticipated 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 released its earnings results on Wednesday, February 26th. The basic materials company reported $0.08 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.08. The company had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.65 billion. ICL Group had a return on equity of 8.31% and a net margin of 5.83%. 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 Price Performance

ICL opened at $6.74 on Friday. ICL Group has a 12-month low of $3.79 and a 12-month high of $6.95. The company has a quick ratio of 0.91, a current ratio of 1.56 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of $8.85 billion, a P/E ratio of 21.73, a PEG ratio of 7.10 and a beta of 1.15. The stock has a fifty day moving average of $6.27 and a 200-day moving average of $5.62.

ICL Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 25th. Stockholders of record on Wednesday, March 12th were paid a $0.0403 dividend. The ex-dividend date was Wednesday, March 12th. This is an increase from ICL Group’s previous quarterly dividend of $0.01. This represents a $0.16 dividend on an annualized basis and a dividend yield of 2.39%. ICL Group’s dividend payout ratio is 50.00%.

Wall Street Analyst Weigh In

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

Hedge Funds Weigh In On ICL Group

Several hedge funds have recently bought and sold shares of the business. Goldman Sachs Group Inc. increased its position in ICL Group by 120.2% during the first quarter. Goldman Sachs Group Inc. now owns 4,153,799 shares of the basic materials company’s stock worth $23,635,000 after buying an additional 2,267,245 shares during the last quarter. United Services Automobile Association increased its position in ICL Group by 20.4% during the first quarter. United Services Automobile Association now owns 26,218 shares of the basic materials company’s stock worth $153,000 after buying an additional 4,438 shares during the last quarter. Finally, AQR Capital Management LLC acquired a new position in ICL Group during the first quarter worth $107,000. 13.38% of the stock is owned by institutional investors and hedge funds.

ICL Group Company Profile

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.