Professional
Added to YB: 2025-06-16
Pitch date: 2025-03-31
ICE [neutral]
Intercontinental Exchange, Inc.
-5.54%
current return
Author Info
No bio for this author
Company Info
Intercontinental Exchange, Inc., together with its subsidiaries, provides technology and data to financial institutions, corporations, and government entities in the United States, the United Kingdom, the European Union, India, Israel, Canada, and Singapore.
Market Cap
$93.1B
Pitch Price
$170.35
Price Target
N/A
Dividend
1.18%
EV/EBITDA
17.93
P/E
29.73
EV/Sales
11.46
Sector
Capital Markets
Category
growth
Meridian Hedged Equity Fund Portfolio Holding: Intercontinental Exchange, Inc.
ICE (holding update): Diversified exchange operator with clearing houses & data services across energy, equities, fixed income & US mortgages. Benefits from secular energy transition trends & mortgage digitization growth potential. Solid recurring revenue & FCF. Q1 exchange segment growth expected on volatility, while mortgage tech stabilizing despite headwinds.
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