ICE Mortgage Technology, a division of Intercontinental Exchange, Inc., combines the innovation and expertise of Ellie Mae, Simplifile and MERS to automate the entire mortgage process from consumer engagement through loan registration and every step and task in between. Ellie Mae, as part of ICE Mortgage Technology, is the leading cloud-based loan origination platform provider for the mortgage industry with solutions that enable lenders to originate more loans, lower origination costs and reduce the time to close, all while ensuring the highest levels of compliance, quality and efficiency.

Company profile
Ticker
ICE
Exchange
Website
CEO
Jeffrey Sprecher
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
IntercontinentalExchange Group, Inc.
SEC CIK
Corporate docs
Subsidiaries
Intercontinental Exchange Holdings, Inc. • ICE Data Management Group, LLC • ICE Data Investment Group, LLC • ICE Data, LP • ICE Futures U.S., Inc. • ICE Clear U.S., Inc. • ICE US Holding Company GP LLC • ICE US Holding Company LP LLC • ICE US Holding Company L.P. • ICE Clear Credit LLC ...
ICE stock data
Analyst ratings and price targets
Current price
Average target
$130.57
Low target
$117.00
High target
$168.00
Citigroup
Maintains
$117.00
Rosenblatt
Maintains
$168.00
Raymond James
Maintains
$126.00
Keefe, Bruyette & Woods
Maintains
$127.00
Morgan Stanley
Maintains
$120.00
B of A Securities
Upgraded
$132.00
Deutsche Bank
Maintains
$124.00
Latest filings (excl ownership)
10-K
2022 FY
Annual report
2 Feb 23
8-K
Intercontinental Exchange Reports Strong Full Year 2022 Results
2 Feb 23
425
Business combination disclosure
3 Nov 22
10-Q
2022 Q3
Quarterly report
3 Nov 22
8-K
Intercontinental Exchange Reports Strong Third Quarter 2022
3 Nov 22
8-K
Results of Operations and Financial Condition
28 Oct 22
8-K
Amendments to Articles of Incorporation or Bylaws
22 Aug 22
EFFECT
Notice of effectiveness
22 Aug 22
424B3
Prospectus supplement
19 Aug 22
CORRESP
Correspondence with SEC
17 Aug 22
Transcripts
ICE
Earnings call transcript
2022 Q4
2 Feb 23
ICE
Earnings call transcript
2022 Q3
3 Nov 22
ICE
Earnings call transcript
2022 Q2
4 Aug 22
ICE
Earnings call transcript
2022 Q1
5 May 22
ICE
Earnings call transcript
2021 Q4
3 Feb 22
ICE
Earnings call transcript
2021 Q3
28 Oct 21
ICE
Earnings call transcript
2021 Q2
29 Jul 21
ICE
Earnings call transcript
2021 Q1
29 Apr 21
ICE
Earnings call transcript
2020 Q4
4 Feb 21
ICE
Earnings call transcript
2020 Q3
29 Oct 20
Latest ownership filings
SC 13G/A
BlackRock Inc.
3 Feb 23
4
Jeffrey C Sprecher
9 Dec 22
4
Lynn C Martin
7 Dec 22
4
Jeffrey C Sprecher
30 Nov 22
4
Douglas Foley
28 Nov 22
4
Andrew J Surdykowski
15 Nov 22
4
Jeffrey C Sprecher
22 Sep 22
3
Stuart Glen Williams
22 Sep 22
4
Andrew J Surdykowski
30 Aug 22
4
Douglas Foley
25 Aug 22
Financial summary
Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 150.34 bn | 150.34 bn | 150.34 bn | 150.34 bn | 150.34 bn | 150.34 bn |
Cash burn (monthly) | 4.69 bn | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 5.44 bn | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 144.91 bn | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 30.9 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2022
82.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1152 |
Opened positions | 88 |
Closed positions | 120 |
Increased positions | 470 |
Reduced positions | 429 |
13F shares | Current |
---|---|
Total value | 41.75 bn |
Total shares | 461.20 mm |
Total puts | 1.44 mm |
Total calls | 1.43 mm |
Total put/call ratio | 1.0 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 45.04 mm | $4.07 bn |
BLK Blackrock | 40.96 mm | $3.70 bn |
MS Morgan Stanley | 21.36 mm | $1.93 bn |
FMR | 14.28 mm | $1.29 bn |
T. Rowe Price Investment Management | 11.76 mm | $1.06 bn |
Lazard Asset Management | 10.37 mm | $936.75 mm |
Geode Capital Management | 10.16 mm | $916.84 mm |
Capital World Investors | 9.90 mm | $894.61 mm |
JPM JPMorgan Chase & Co. | 8.26 mm | $746.58 mm |
Magellan Asset Management | 8.22 mm | $742.76 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
8 Dec 22 | Jeffrey C Sprecher | Common Stock | Gift | Dispose G | No | No | 0 | 67,000 | 0.00 | 1,188,207 |
5 Dec 22 | Lynn C Martin | Common Stock | Payment of exercise | Dispose F | No | No | 107.09 | 654 | 70.04 k | 45,911 |
29 Nov 22 | Jeffrey C Sprecher | Common Stock | Sell | Dispose S | Yes | Yes | 106.0004 | 4,143 | 439.16 k | 2,971,705 |
29 Nov 22 | Jeffrey C Sprecher | Common Stock | Sell | Dispose S | Yes | Yes | 105.2729 | 25,857 | 2.72 mm | 2,975,848 |
23 Nov 22 | Douglas Foley | Common Stock | Sell | Dispose S | No | Yes | 105.98 | 1,600 | 169.57 k | 20,934 |
14 Nov 22 | Surdykowski Andrew J | Common Stock | Sell | Dispose S | No | Yes | 105 | 2,500 | 262.50 k | 40,507 |
14 Nov 22 | Surdykowski Andrew J | Common Stock | Option exercise | Acquire M | No | Yes | 41.59 | 1,000 | 41.59 k | 43,007 |
14 Nov 22 | Surdykowski Andrew J | Employee Stock Option (right to buy) Holding Common Stock | Option exercise | Dispose M | No | No | 41.59 | 1,000 | 41.59 k | 500 |
News
Intercontinental Exchange's Return on Invested Capital Insights
3 Feb 23
Citigroup Maintains Neutral on Intercontinental Exchange, Raises Price Target to $117
3 Feb 23
Rosenblatt Maintains Buy on Intercontinental Exchange, Raises Price Target to $168
3 Feb 23
Where Intercontinental Exchange Stands With Analysts
3 Feb 23
Raymond James Maintains Strong Buy on Intercontinental Exchange, Lowers Price Target to $126
3 Feb 23
Press releases
Intercontinental Exchange Reports January 2023 Statistics
3 Feb 23
Intercontinental Exchange Announces 11% Increase to its Quarterly Dividend
2 Feb 23
Intercontinental Exchange Reports Strong Full Year 2022 Results
2 Feb 23
THOR Moves Its Low-Volatility ETF, THLV, to NYSE
27 Jan 23
ICE Announces Plans to Implement EU Market Correction Mechanism and Related Price Cap on TTF Natural Gas
27 Jan 23