In the latest trading session,, 1.08 million ICICI Bank Ltd. ADR (NYSE:IBN) shares changed hands as the company’s beta touched 0.63. With the company’s most recent per share price at $33.31 changed hands at -$0.3 or -0.91% at last look, the market valuation stands at $118.78B. IBN’s current price is a discount, trading about -3.57% off its 52-week high of $34.50. The share price had its 52-week low at $25.96, which suggests the last value was 22.07% up since then. When we look at ICICI Bank Ltd. ADR’s average trading volume, we note the 10-day average is 4.32 million shares, with the 3-month average coming to 5.62 million.
ICICI Bank Ltd. ADR (NYSE:IBN) trade information
Instantly IBN was in red as seen in intraday trades today. With action -1.03%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 11.54%, with the 5-day performance at -1.03% in the red. However, in the 30-day time frame, ICICI Bank Ltd. ADR (NYSE:IBN) is 3.08% up. Looking at the short shares, we see there were 24.55 million shares sold at short interest cover period of 3.9 days.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 32.61%. The 2025 estimates are for ICICI Bank Ltd. ADR earnings to increase by 7.70%, but the outlook for the next 5-year period is at 12.01% per year.
IBN Dividends
ICICI Bank Ltd. ADR is expected to release its next quarterly earnings report on 2025-Apr-18. The 0.71% annual yield figure for the share gives it an annual dividend of 0.24. It is important to note, however, that the 0.71% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 1.01 per year.
ICICI Bank Ltd. ADR (NYSE:IBN)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.18% of ICICI Bank Ltd. ADR shares while 19.12% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 19.16%. There are 19.12% institutions holding the ICICI Bank Ltd. ADR stock share, with MORGAN STANLEY the top institutional holder. As of 2024-06-30, the company held 1.6139% of the shares, roughly 56.72 million IBN shares worth $1.63 billion.
WCM INVESTMENT MANAGEMENT, LLC holds the second largest percentage of outstanding shares, with 0.9044% or 63.57 million shares worth $1.84 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Jan 31, 2025 were Goldman Sachs TRT II-Goldman Sachs GQG Part. Intl Opportunities Fd. and INVESTMENT MANAGERS SERIES TRUST-WCM Focused International Growth Fund . With 35.0 shares estimated at $1.17 billion under it, the former controlled 0.98% of total outstanding shares. On the other hand, INVESTMENT MANAGERS SERIES TRUST-WCM Focused International Growth Fund held about 0.38% of the shares, roughly 13.53 shares worth around $451.01 million.