Analysts expect over 2020 decreasing revenue ING Groep, high dividend yield

ING Groep will announce it's last quarter's results tomorrow. For this year ING Groep's revenue will be around 17,66 billion euros. This is according to the average of the analysts' estimates. This is slightly lower than 2018's revenue of 18,86 billion euros.

Historical revenues and results ING Groep plus estimates 2020

The analysts expect for 2020 a net profit of 2,93 billion euros. For this year the majority of the analysts, consulted by press agency Thomson Reuters, expects a profit per share of 75 cent. Based on this the price/earnings-ratio is 6,2.

Huge dividend ING Groep

For this year most of the analysts expect a dividend of 0,44 cents per share. Thus the dividend yield equals 9,46 percent. The average dividend yield of the insurers equals an attractive 4,29 percent.

Latest estimates around 7 euros

The most recent recommendations for the insurer are from Citigroup, Morgan Stanley and Deutsche Bank.

ING Groep's market capitalization is based on the number of outstanding shares around 18,1 billion euros. The ING Groep stock was the past 12 months quite volatile. Since last May the stock is 52 percent lower. This year the stock price moved between 4 and 11 euro. Since 2008 the stock price is almost 16 percent higher.

Historical stock prices ING Groep2007-2020

Click here for dividend . At 10.54 the stock trades 1,98 percent higher at 4,65 euros.

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