Intercontinental Exchange, Inc. (NYSE:ICE) Shareholder Yield & Analysis – Financial Newsweek

The Shareholder Yield of Intercontinental Exchange, Inc. (NYSE:ICE) is 1.49%.  The Shareholder Yield is a way that investors can see how much money shareholders are receiving from a company through a combination of dividends, share repurchases and debt reduction.  This percentage is calculated by adding the dividend yield plus the percentage of shares repurchased.  Dividends are a common way that companies distribute cash to their shareholders.  Similarly, cash repurchases and a reduction of debt can increase the shareholder value, too.  Another way to determine the effectiveness of a company’s distributions is by looking at the Shareholder yield (Mebane Faber).  The Shareholder Yield (Mebane Faber) of Intercontinental Exchange, Inc. NYSE:ICE is 3.06%.  This number is calculated by looking at the sum of the dividend yield plus percentage of sales repurchased and net debt repaid yield.

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The Gross Margin Score is calculated by looking at the Gross Margin and the overall stability of the company over the course of 8 years.  The score is a number between one and one hundred (1 being best and 100 being the worst).  The Gross Margin Score of Intercontinental Exchange, Inc. (NYSE:ICE) is 14.  The more stable the company, the lower the score.  If a company is less stable over the course of time, they will have a higher score.

Ever wonder how investors predict positive share price momentum?  The Cross SMA 50/200, also known as the “Golden Cross” is the fifty day moving average divided by the two hundred day moving average.  The SMA 50/200 for Intercontinental Exchange, Inc. (NYSE:ICE) is currently 1.07704.  If the Golden Cross is greater than 1, then the 50 day moving average is above the 200 day moving average – indicating a positive share price momentum.  If the Golden Cross is less than 1, then the 50 day moving average is below the 200 day moving average, indicating that the price might drop.

Valuation Scores
The Piotroski F-Score is a scoring system between 1-9 that determines a firm’s financial strength.  The score helps determine if a company’s stock is valuable or not.  The Piotroski F-Score of Intercontinental Exchange, Inc. (NYSE:ICE) is 6.  A score of nine indicates a high value stock, while a score of one indicates a low value stock.  The score is calculated by the return on assets (ROA), Cash flow return on assets (CFROA), change in return of assets, and quality of earnings.  It is also calculated by a change in gearing or leverage, liquidity, and change in shares in issue.  The score is also determined by change in gross margin and change in asset turnover.

The ERP5 Rank is an investment tool that analysts use to discover undervalued companies.  The ERP5 looks at the Price to Book ratio, Earnings Yield, ROIC and 5 year average ROIC.  The ERP5 of Intercontinental Exchange, Inc. (NYSE:ICE) is 2001.  The lower the ERP5 rank, the more undervalued a company is thought to be. The MF Rank (aka the Magic Formula) is a formula that pinpoints a valuable company trading at a good price.  The formula is calculated by looking at companies that have a high earnings yield as well as a high return on invested capital.  The MF Rank of Intercontinental Exchange, Inc. (NYSE:ICE) is 2664.  A company with a low rank is considered a good company to invest in.  The Magic Formula was introduced in a book written by Joel Greenblatt, entitled, “The Little Book that Beats the Market”.

The Q.i. Value of Intercontinental Exchange, Inc. (NYSE:ICE) is 37.  The Q.i. Value is a helpful tool in determining if a company is undervalued or not.  The Q.i. Value is calculated using the following ratios: EBITDA Yield, Earnings Yield, FCF Yield, and Liquidity.  The lower the Q.i. value, the more undervalued the company is thought to be.

The Value Composite One (VC1) is a method that investors use to determine a company’s value.  The VC1 of Intercontinental Exchange, Inc. (NYSE:ICE) is 54.  A company with a value of 0 is thought to be an undervalued company, while a company with a value of 100 is considered an overvalued company.  The VC1 is calculated using the price to book value, price to sales, EBITDA to EV, price to cash flow, and price to earnings.  Similarly, the Value Composite Two (VC2) is calculated with the same ratios, but adds the Shareholder Yield.  The Value Composite Two of Intercontinental Exchange, Inc. (NYSE:ICE) is 48.

Intercontinental Exchange, Inc. (NYSE:ICE) has a Price to Book ratio of 2.463343. This ratio is calculated by dividing the current share price by the book value per share. Investors may use Price to Book to display how the market portrays the value of a stock. Checking in on some other ratios, the company has a Price to Cash Flow ratio of 17.942657, and a current Price to Earnings ratio of 24.958179. The P/E ratio is one of the most common ratios used for figuring out whether a company is overvalued or undervalued.

Free Cash Flow Growth (FCF Growth) is the free cash flow of the current year minus the free cash flow from the previous year, divided by last year’s free cash flow.  The FCF Growth of Intercontinental Exchange, Inc. (NYSE:ICE) is 0.412531.  Free cash flow (FCF) is the cash produced by the company minus capital expenditure.  This cash is what a company uses to meet its financial obligations, such as making payments on debt or to pay out dividends.  The Free Cash Flow Score (FCF Score) is a helpful tool in calculating the free cash flow growth with free cash flow stability – this gives investors the overall quality of the free cash flow.  The FCF Score of Intercontinental Exchange, Inc. (NYSE:ICE) is 0.930115.  Experts say the higher the value, the better, as it means that the free cash flow is high, or the variability of free cash flow is low or both.

Price Index
The Price Index is a ratio that indicates the return of a share price over a past period. The price index of Intercontinental Exchange, Inc. (NYSE:ICE) for last month was 1.01764. This is calculated by taking the current share price and dividing by the share price one month ago. If the ratio is greater than 1, then that means there has been an increase in price over the month. If the ratio is less than 1, then we can determine that there has been a decrease in price. Similarly, investors look up the share price over 12 month periods. The Price Index 12m for Intercontinental Exchange, Inc. (NYSE:ICE) is 1.26003. Some of the best financial predictions are formed by using a variety of financial tools. The Price Range 52 Weeks is one of the tools that investors use to determine the lowest and highest price at which a stock has traded in the previous 52 weeks.  The Price Range of Intercontinental Exchange, Inc. (NYSE:ICE) over the past 52 weeks is 0.98.  The 52-week range can be found in the stock’s quote summary.

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Intercontinental Exchange Inc (ICE) – Evergreen Caller

Intercontinental Exchange Inc (ICE) shares are moving today on volatility 0.81% or $0.53 from the open. The NYSE listed company saw a recent bid of 66.08 and 1321660 shares have traded hands in the session.

Individual investors might be digging a little deeper into the playbook in order to create a winning plan for the remainder of the calendar year. The diligent investor typically has a portfolio that is diversified and ready to encounter any unforeseen market action. Even after creating the well-planned portfolio with expected returns, nobody can be absolutely sure that those returns will be seen. Setting realistic expectations can help the investor from becoming discouraged if the original plan runs into a bit of a snag. Of course every investor would like to enter the stock market and see sizeable profits right off the bat. This may only be wishful thinking for investors who aren’t ready to put in the time and energy to make sure the overall strategy stays on track and the portfolio stays properly managed.

Now let’s take a look at how the fundamentals are stacking up for Intercontinental Exchange Inc (ICE). Fundamental analysis takes into consideration market, industry and stock conditions to help determine if the shares are correctly valued. Intercontinental Exchange Inc currently has a yearly EPS of 2.59. This number is derived from the total net income divided by shares outstanding. In other words, EPS reveals how profitable a company is on a share owner basis.

Another key indicator that can help investors determine if a stock might be a quality investment is the Return on Equity or ROE. Intercontinental Exchange Inc (ICE) currently has Return on Equity of 10.10. ROE is a ratio that measures profits generated from the investments received from shareholders. In other words, the ratio reveals how effective the firm is at turning shareholder investment into company profits. A company with high ROE typically reflects well on management and how well a company is run at a high level. A firm with a lower ROE might encourage potential investors to dig further to see why profits aren’t being generated from shareholder money.

Another ratio we can look at is the Return on Invested Capital or more commonly referred to as ROIC. Intercontinental Exchange Inc (ICE) has a current ROIC of 6.75. ROIC is calculated by dividing Net Income – Dividends by Total Capital Invested.

Similar to ROE, ROIC measures how effectively company management is using invested capital to generate company income. A high ROIC number typically reflects positively on company management while a low number typically reflects the opposite.

Turning to Return on Assets or ROA, Intercontinental Exchange Inc (ICE) has a current ROA of 1.99. This is a profitability ratio that measures net income generated from total company assets during a given period. This ratio reveals how quick a company can turn it’s assets into profits. In other words, the ratio provides insight into the profitability of a firm’s assets. The ratio is calculated by dividing total net income by the average total assets. A higher ROA compared to peers in the same industry, would suggest that company management is able to effectively generate profits from their assets. Similar to the other ratios, a lower number might raise red flags about management’s ability when compared to other companies in a similar sector.

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Earnings Clues on General Mills, Inc. (GIS), Intercontinental Exchange, Inc. (ICE) Analyst’s Predictions | StockNewsJournal

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Utah Retirement Systems Upped Holding in Intercontinental Exchange In (ICE) as Market Value Rose

July 13, 2017 - By wolcottdaily

Investors sentiment increased to 11.77 in 2016 Q4. Its up 10.76, from 1.01 in 2016Q3. It increased, as 32 investors sold ICE shares while 16 reduced holdings. 77 funds opened positions while 488 raised stakes. 1.03 billion shares or 903.33% more from 102.32 million shares in 2016Q3 were reported. Louisiana State Employees Retirement System invested in 37,500 shares. Congress Asset Company Ma reported 947,964 shares. Bank & Trust Of Nova Scotia has invested 0% of its portfolio in Intercontinental Exchange Inc (NYSE:ICE). Tobam has invested 0.12% in Intercontinental Exchange Inc (NYSE:ICE). Teachers Retirement System Of The State Of Kentucky has invested 0.05% in Intercontinental Exchange Inc (NYSE:ICE). New York-based Stralem Inc has invested 3.12% in Intercontinental Exchange Inc (NYSE:ICE). Schwab Charles Inc holds 1.67M shares. Teacher Retirement Of Texas has invested 0.89% of its portfolio in Intercontinental Exchange Inc (NYSE:ICE). Capstone Asset Management Co holds 0.1% of its portfolio in Intercontinental Exchange Inc (NYSE:ICE) for 62,400 shares. Calamos Wealth Mngmt Ltd Co has 93,943 shares. Ssi Invest Mngmt Incorporated reported 5,551 shares. Foundry Prtnrs reported 32,629 shares. Moreover, Hsbc Public Limited Company has 0.05% invested in Intercontinental Exchange Inc (NYSE:ICE) for 357,127 shares. Savings Bank Of Montreal Can invested in 30,629 shares or 0% of the stock. Trillium Asset Management Limited Liability Corp holds 0.29% or 78,400 shares.

Utah Retirement Systems increased its stake in Intercontinental Exchange In (ICE) by 398.15% based on its latest 2016Q4 regulatory filing with the SEC. Utah Retirement Systems bought 86,148 shares as the company’s stock rose 1.58% with the market. The institutional investor held 107,785 shares of the investment bankers and brokers and service company at the end of 2016Q4, valued at $6.08M, up from 21,637 at the end of the previous reported quarter. Utah Retirement Systems who had been investing in Intercontinental Exchange In for a number of months, seems to be bullish on the $40.11B market cap company. The stock rose 2.15% or $1.42 reaching $67.28 per share. About 1.37M shares traded. Intercontinental Exchange Inc (NYSE:ICE) has risen 13.80% since July 13, 2016 and is uptrending. It has underperformed by 2.90% the S&P500.

More important recent Intercontinental Exchange Inc (NYSE:ICE) news were published by: Businesswire.com which released: “Intercontinental Exchange Reports June Statistics; ICE ADV up 29% y/y driven …” on July 06, 2017, also Benzinga.com published article titled: “Pete Najarian Sees Unusual Options Activity In Intercontinental Exchange And …”, Nasdaq.com published: “Intercontinental Exchange Buys ICE Endex, June ADV Surges” on July 10, 2017. More interesting news about Intercontinental Exchange Inc (NYSE:ICE) was released by: Zacks.com and their article: “Intercontinental Exchange (ICE) on Growth Path: Time to Buy?” with publication date: July 13, 2017.

Intercontinental Exchange Inc (NYSE:ICE) Ratings Coverage

Among 14 analysts covering Intercontinental Exchange (NYSE:ICE), 11 have Buy rating, 0 Sell and 3 Hold. Therefore 79% are positive. Intercontinental Exchange had 43 analyst reports since August 6, 2015 according to SRatingsIntel. As per Friday, May 20, the company rating was initiated by Sterne Agee CRT. The firm has “Hold” rating given on Monday, July 10 by RBC Capital Markets. The rating was maintained by Keefe Bruyette & Woods on Friday, June 16 with “Buy”. As per Tuesday, May 10, the company rating was maintained by RBC Capital Markets. Argus Research downgraded Intercontinental Exchange Inc (NYSE:ICE) on Monday, November 2 to “Hold” rating. The rating was maintained by Barclays Capital with “Overweight” on Thursday, August 4. Deutsche Bank maintained the stock with “Buy” rating in Friday, January 8 report. The stock of Intercontinental Exchange Inc (NYSE:ICE) earned “Sector Outperform” rating by RBC Capital Markets on Thursday, July 13. The firm earned “Outperform” rating on Friday, April 8 by Wood. Barclays Capital reinitiated it with “Overweight” rating and $278.0 target in Tuesday, December 15 report.

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Capstone Asset Management Company Holds Position in Intercontinentalexchange Groco (ICE), Integre Asset Management Has Trimmed Centene (CNC) Stake by $1.79 Million as Stock Rose

July 13, 2017 - By Peter Erickson

Capstone Asset Management Company increased its stake in Intercontinentalexchange Groco (ICE) by 401.81% based on its latest 2016Q4 regulatory filing with the SEC. Capstone Asset Management Company bought 49,965 shares as the company’s stock rose 1.58% with the market. The institutional investor held 62,400 shares of the investment bankers and brokers and service company at the end of 2016Q4, valued at $3.52 million, up from 12,435 at the end of the previous reported quarter. Capstone Asset Management Company who had been investing in Intercontinentalexchange Groco for a number of months, seems to be bullish on the $39.85B market cap company. The stock rose 1.49% or $0.98 reaching $66.85 per share. About 996,981 shares traded. Intercontinental Exchange Inc (NYSE:ICE) has risen 13.80% since July 13, 2016 and is uptrending. It has underperformed by 2.90% the S&P500.

Integre Asset Management Llc decreased its stake in Centene Corporation (CNC) by 20.87% based on its latest 2016Q4 regulatory filing with the SEC. Integre Asset Management Llc sold 31,898 shares as the company’s stock rose 11.03% with the market. The institutional investor held 120,930 shares of the medical specialities company at the end of 2016Q4, valued at $6.83M, down from 152,828 at the end of the previous reported quarter. Integre Asset Management Llc who had been investing in Centene Corporation for a number of months, seems to be less bullish one the $14.28 billion market cap company. The stock declined 0.13% or $0.11 reaching $82.39 per share. About 303,490 shares traded. Centene Corp (NYSE:CNC) has risen 32.56% since July 13, 2016 and is uptrending. It has outperformed by 15.86% the S&P500.

Capstone Asset Management Company, which manages about $499.69 million and $3.49 billion US Long portfolio, decreased its stake in Qorvo Inc by 7,120 shares to 8,905 shares, valued at $470,000 in 2016Q4, according to the filing. It also reduced its holding in Best Buy Inc (NYSE:BBY) by 27,640 shares in the quarter, leaving it with 28,404 shares, and cut its stake in Mcdonalds Corp (NYSE:MCD).

Among 14 analysts covering Intercontinental Exchange (NYSE:ICE), 10 have Buy rating, 0 Sell and 4 Hold. Therefore 71% are positive. Intercontinental Exchange had 42 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Intercontinental Exchange Inc (NYSE:ICE) earned “Sector Perform” rating by RBC Capital Markets on Friday, March 31. The rating was initiated by RBC Capital Markets on Wednesday, December 9 with “Sector Perform”. As per Tuesday, May 10, the company rating was maintained by RBC Capital Markets. The stock has “Buy” rating by UBS on Thursday, August 4. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Friday, June 16. Deutsche Bank maintained the stock with “Buy” rating in Thursday, August 6 report. As per Friday, March 24, the company rating was maintained by Wood. The stock of Intercontinental Exchange Inc (NYSE:ICE) earned “Buy” rating by Sterne Agee CRT on Friday, May 20. Standpoint Research maintained Intercontinental Exchange Inc (NYSE:ICE) rating on Sunday, August 9. Standpoint Research has “Hold” rating and $257 target. On Monday, November 2 the stock rating was downgraded by Argus Research to “Hold”.

More important recent Intercontinental Exchange Inc (NYSE:ICE) news were published by: Zacks.com which released: “Intercontinental Exchange (ICE) on Growth Path: Time to Buy?” on July 13, 2017, also Zacks.com published article titled: “Intercontinental Exchange Buys ICE Endex, June ADV Surges”, Nasdaq.com published: “Intercontinental Exchange Inc. (ICE) Ex-Dividend Date Scheduled for June 14, 2017” on June 13, 2017. More interesting news about Intercontinental Exchange Inc (NYSE:ICE) was released by: Benzinga.com and their article: “Pete Najarian Sees Unusual Options Activity In Intercontinental Exchange And …” with publication date: July 11, 2017.

Investors sentiment increased to 11.77 in Q4 2016. Its up 10.76, from 1.01 in 2016Q3. It increased, as 32 investors sold ICE shares while 16 reduced holdings. 77 funds opened positions while 488 raised stakes. 1.03 billion shares or 903.33% more from 102.32 million shares in 2016Q3 were reported. Stevens Capital Mngmt Lp accumulated 33,377 shares. Howe & Rusling has invested 1.07% in Intercontinental Exchange Inc (NYSE:ICE). Sterling Capital Management Ltd Com reported 0.03% stake. Moreover, Capstone Invest Lc has 0.03% invested in Intercontinental Exchange Inc (NYSE:ICE). Camarda Advsr Limited Liability Corporation reported 0% stake. Baldwin Invest Mgmt Lc owns 3,550 shares or 0.08% of their US portfolio. Institutional Limited Liability Corp accumulated 4.39M shares. Moreover, Ridgeworth Capital Mgmt Llc has 0.05% invested in Intercontinental Exchange Inc (NYSE:ICE) for 96,690 shares. Miles Capital holds 25,305 shares. Thomas White Int holds 0.13% or 15,405 shares in its portfolio. Old Mutual Customised Solutions (Proprietary) Limited holds 14,500 shares or 0.15% of its portfolio. Tarbox Grp Inc accumulated 365 shares or 0.01% of the stock. Glg has 33,088 shares for 0.13% of their portfolio. Associated Banc has 0.02% invested in Intercontinental Exchange Inc (NYSE:ICE) for 4,435 shares. Burns J W And Ny reported 19,475 shares or 0.32% of all its holdings.

Integre Asset Management Llc, which manages about $457.92M and $308.09M US Long portfolio, upped its stake in Citigroup Inc Com (NYSE:C) by 74,842 shares to 100,457 shares, valued at $5.97 million in 2016Q4, according to the filing. It also increased its holding in Monster Beverage Corp by 33,190 shares in the quarter, for a total of 49,785 shares, and has risen its stake in Synchronoss Technologies Inc. (NASDAQ:SNCR).

More notable recent Centene Corp (NYSE:CNC) news were published by: Nasdaq.com which released: “Is Centene Corp (CNC) a Great Stock for Value Investors?” on June 20, 2017, also Prnewswire.com with their article: “Centene Announces Anticipated Participation In 40 Counties On 2018 Missouri …” published on June 30, 2017, Moodys.com published: “Moody’s affirms Centene’s ratings (senior at Ba2); Outlook changed to stable …” on July 11, 2017. More interesting news about Centene Corp (NYSE:CNC) were released by: Prnewswire.com and their article: “Centene’s Mississippi Subsidiary Selected for MississippiCAN Contract” published on June 20, 2017 as well as Bloomberg.com‘s news article titled: “Centene CEO Says Health Bill Moving in Right Direction” with publication date: July 12, 2017.

Since February 9, 2017, it had 0 insider purchases, and 10 sales for $4.76 million activity. DITMORE ROBERT K sold 4,167 shares worth $286,398. The insider Williamson Keith H sold 6,000 shares worth $450,000. GEPHARDT Richard A had sold 4,350 shares worth $336,603. $163,004 worth of Centene Corp (NYSE:CNC) shares were sold by BROOKS MARK J. Hunter Jesse N had sold 5,000 shares worth $372,000. NEIDORFF MICHAEL F sold $1.88M worth of Centene Corp (NYSE:CNC) on Thursday, April 6.

Investors sentiment increased to 0.98 in 2016 Q4. Its up 0.18, from 0.8 in 2016Q3. It improved, as 56 investors sold CNC shares while 172 reduced holdings. 86 funds opened positions while 137 raised stakes. 146.22 million shares or 4.61% less from 153.29 million shares in 2016Q3 were reported. Violich Management holds 0.1% or 4,575 shares in its portfolio. Hightower Advisors Limited Liability Corporation accumulated 33,579 shares. Credit Agricole S A holds 0.02% or 125,106 shares in its portfolio. Hutchin Hill LP has invested 0.25% of its portfolio in Centene Corp (NYSE:CNC). Macquarie Gru Ltd has invested 0.01% of its portfolio in Centene Corp (NYSE:CNC). Janney Montgomery Scott Ltd reported 0.01% of its portfolio in Centene Corp (NYSE:CNC). Zurcher Kantonalbank (Zurich Cantonalbank) holds 0.03% of its portfolio in Centene Corp (NYSE:CNC) for 55,415 shares. Fil Limited holds 0.13% of its portfolio in Centene Corp (NYSE:CNC) for 787,093 shares. Northern Corporation stated it has 1.80 million shares. Glob X Management Company Limited Liability Company has 2,839 shares for 0.01% of their portfolio. The Germany-based Commerzbank Aktiengesellschaft Fi has invested 0.01% in Centene Corp (NYSE:CNC). Howard Hughes Institute reported 0.02% of its portfolio in Centene Corp (NYSE:CNC). Nomura Asset Mgmt holds 22,468 shares. British Columbia Invest Mgmt invested in 0.07% or 140,661 shares. Tudor Investment Et Al, a Connecticut-based fund reported 14,393 shares.

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Intercontinental Exchange (ICE) on Growth Path: Time to Buy? - Nasdaq.com

Intercontinental Exchange, Inc. ICE boasts being the industry-leading regulated exchange and clearing house for financial and commodity markets. The company has successfully managed to cater to market demands through efficient and effective data technology plus risk management services across the world.

Intercontinental Exchange has put in significant efforts to improve its inorganic portfolio, which in turn has accelerated the company's overall growth. The securities exchange displays a good mix of strategic buyouts, comprising Standard & Poor's Securities Evaluations, Inc., or SPSE, Credit Market Analysis Limited and NSX & Atrium among others. Such prudent acquisitions have not only boosted the company's growth but have also resulted in achieving expense synergies.

In its recent endeavors, Intercontinental Exchange has agreed to acquire Global Research division's index platform from Bank of America Merrill Lynch to ramp up its index services. It also bought the remaining 20% stake in ICE Endex shares to add capabilities to the acquirer's European gas and power portfolio.

The Zacks Rank #2 (Buy) securities exchange has been creating and providing a wide range of products and risk management services which in turn, have enabled it to maintain a sustained operational performance.

Intercontinental Exchange displays an exemplary track record of top line growth over a considerable period of time on the back of a robust product and service suit as well as strategic buyouts. Interestingly, this securities exchange is projected to retain its revenue momentum in the coming quarters, given its strength in global data services.

Additionally, volume growth continues to drive trading and clearing segment revenues. Notably, the company also expects Data revenues to increase 6% year over year in 2017.

The securities exchange also maintains a strong capital position and engages in shareholder-friendly moves like share buybacks and dividend hikes, thereby boosting the investors' confidence in the stock. Plus, a healthy and minimal risk-based balance sheet will continue to provide stability and buoyancy to the company over the medium to long term.

Shares of Intercontinental Exchange have rallied 16.75% year to date, outperforming the Zacks categorized Securities Exchange industry's increase of 13.12%. We expect solid operational performance, strong volumes and a stable capital position to continue to drive the stock higher in the near term.

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Furthermore, valuation is attractive at present as the stock is currently trading at a price to book multiple of 2.47, a 3.1% discount to the industry average of 2.55. Besides, the company has a trailing 12-month return on equity (ROE) of 10.7%, higher than the industry's 9.5% average. Its expected long-term earnings growth is impressively pegged at 11.20%.

Stocks to Consider  

Investors interested in some other top-ranked stocks from the finance sector might consider Reinsurance Group of America, Incorporated RGA , Cigna Corporation CI and FBL Financial Group, Inc. FFG . Each stock carries a Zacks Rank #2. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .

Reinsurance Group deals in reinsurance business. The company has delivered positive surprises in three of the last four quarters with an average beat of 5.08%.  

Cigna provides insurance plus related products and services in the United States and internationally. The company has delivered positive surprises in three of the last four quarters with an average beat of 1.35%.

FBL Financial sells individual life insurance and annuity products. The company has delivered positive surprises in two of the last four quarters with an average beat of 1.98%.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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