IG Group Holdings (IGG)

Sector:

Financials

Index:

FTSE 250

730.00p
   
  • Change Today:
      3.00p
  • 52 Week High: 778.00
  • 52 Week Low: 611.00
  • Currency: UK Pounds
  • Shares Issued: 375.38m
  • Volume: 1,502,899
  • Market Cap: £2,740.31m
  • RiskGrade: 149

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 730.00p
Change Today 3.00p
% Change 0.41 %
52 Week High 778.00
52 Week Low 611.00
Volume 1,502,899
Shares Issued 375.38m
Market Cap £2,740.31m
RiskGrade 149

IGG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
73.02% above the market average73.02% above the market average73.02% above the market average73.02% above the market average73.02% above the market average
46.67% above the sector average46.67% above the sector average46.67% above the sector average46.67% above the sector average46.67% above the sector average
Price Trend
42.51% above the market average42.51% above the market average42.51% above the market average42.51% above the market average42.51% above the market average
32.76% above the sector average32.76% above the sector average32.76% above the sector average32.76% above the sector average32.76% above the sector average
Income
75.03% above the market average75.03% above the market average75.03% above the market average75.03% above the market average75.03% above the market average
63.64% above the sector average63.64% above the sector average63.64% above the sector average63.64% above the sector average63.64% above the sector average
Growth
59.18% below the market average59.18% below the market average59.18% below the market average59.18% below the market average59.18% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average

What The Brokers Say

Strong Buy 3
Buy 3
Neutral 2
Sell 0
Strong Sell 0
Total 8
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
  Interim Final
Ex-Div 01-Feb-24 21-Sep-23
Paid 01-Mar-24 19-Oct-23
Amount 13.56p 31.94p

Trades for 28-Mar-2024

Time Volume / Share Price
18:00 162,760 @ 729.91p
16:54 46,082 @ 730.91p
16:35 724,127 @ 730.00p
16:35 482 @ 730.00p
16:35 1,459 @ 730.00p

IGG Key Personnel

Chair Robert Michael McTighe
CFO Charlie Rozes
CEO Breon Corcoran

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