During the recent session, ICICI Bank Ltd. ADR (NYSE:IBN)’s traded shares were 0.87 million, with the beta value of the company hitting 0.63. At the last check today, the stock’s price was $34.11, reflecting an intraday loss of -0.51% or -$0.18. The 52-week high for the IBN share is $34.50, that puts it down -1.14 from that peak though still a striking 26.36% gain since the share price plummeted to a 52-week low of $25.12. The company’s market capitalization is $121.64B, and the average intraday trading volume over the past 10 days was 4.82 million shares, and the average trade volume was 5.70 million shares over the past three months.
ICICI Bank Ltd. ADR (NYSE:IBN) trade information
ICICI Bank Ltd. ADR (IBN) registered a -0.51% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.51% in intraday trading to $34.11, hitting a weekly high. The stock’s 5-day price performance is 0.99%, and it has moved by 1.65% in 30 days. Based on these gigs, the overall price performance for the year is 27.29%. The short interest in ICICI Bank Ltd. ADR (NYSE:IBN) is 24.55 million shares and it means that shorts have 3.9 day(s) to cover.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 32.61%. While earnings are projected to return 7.71% in 2025, the next five years will return 12.16% per annum.
IBN Dividends
ICICI Bank Ltd. ADR is due to release its next quarterly earnings on 2025-Apr-18. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for ICICI Bank Ltd. ADR is 0.24, with the dividend yield indicating at 0.70 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 1.01%.
ICICI Bank Ltd. ADR (NYSE:IBN)’s Major holders
ICICI Bank Ltd. ADR insiders own 0.18% of total outstanding shares while institutional holders control 19.10%, with the float percentage being 19.13%. MORGAN STANLEY is the largest shareholder of the company, while 823.0 institutions own stock in it. As of 2024-06-30, the company held over 56.72 million shares (or 1.6139% of all shares), a total value of $1.63 billion in shares.
The next largest institutional holding, with 63.57 million shares, is of WCM INVESTMENT MANAGEMENT, LLC’s that is approximately 0.9044% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $1.84 billion.
Also, the Mutual Funds coming in first place with the largest holdings of ICICI Bank Ltd. ADR (IBN) shares are Goldman Sachs TRT II-Goldman Sachs GQG Part. Intl Opportunities Fd. and INVESTMENT MANAGERS SERIES TRUST-WCM Focused International Growth Fund . Data provided on Jan 31, 2025 indicates that Goldman Sachs TRT II-Goldman Sachs GQG Part. Intl Opportunities Fd. owns about 35.0 shares. This amounts to just over 0.98 percent of the company’s overall shares, with a $1.19 billion market value. The same data shows that the other fund manager holds slightly less at 13.53, or about 0.38% of the stock, which is worth about $461.23 million.
