Iress Share Price and Company Fundamentals



Price
$11.38
Change
-0.120 (-1.043%)
52 week
9.5 - 15.28

Last traded: Yesterday at 6:10 AM

Iress Limited engages in the designing and developing software and services for the financial services industry in Australia, New Zealand, Asia, the United Kingdom, Europe, South Africa, and North America. It offers client management, business automation, portfolio data, research, financial planning tools, scaled advice journeys, digital client solutions, data-driven compliance and analytics, and regulatory obligations management solutions; and market data, trading interfaces, order and execution management, smart order routing, FIX services, portfolio management, securities lending, analytical tools, algorithmic trading, market making, CFD clearing, post trade solutions, and trading and market data APIs. The company also provides connectivity, client relationship management, wealth management, funds registry, digital advice, digital member portal, fund administration services, automated workflow, application processing, connectivity, mortgage comparison and advice, lender connectivity, quoting, comparison, and application processing solutions. It offers its solutions to institutional and independent advisory clients; institutional sell-side, retail, and online brokers; investment, fund, private client, and wealth managers; custodians; retail and investment platforms; superannuation funds; mortgage lenders and intermediaries; and insurance intermediaries. The company was formerly known as IRESS Market Technology Limited and changed its name to IRESS Limited in May 2012. Iress Limited was incorporated in 1993 and is headquartered in Melbourne, Australia.

Key Metrics

PE ratio

29.56

PB ratio

3.98

Dividend yield

4.00%

Beta

0.82

Market cap

-

Enterprise value

-

Company profile

Primary activitiesThe provision of IT solutions to financial market participants and wealth managers.
Industry / SectorSoftware—Application / Technology
Full time employees2224
Websitehttps://www.iress.com
Mailing address385 Bourke Street Level 16 Melbourne VIC 3000 Australia
Phone / Fax61 3 9018 5800 / 61 3 9018 5844
Share registryCOMPUTERSHARE INVESTOR SERVICES PTY LIMITED

Dividends

More: Iress Dividend history, yield and payout ratio

Dividend yield

4.00%

Dividend amount

$0.46

Payout ratio

119.48%

5Y Avg. yield

3.96%

Iress paid $0.46 dividend and the ex-dividend date was 23 Feb 2022.The dividend payout ratio is 119.48%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.IRE dividend payout ratio is more than 90% making it difficult for the company to maintain the dividends and increase it year by year.

IRE's forward dividend amount is $0.46 and the forward dividend yield is 4.04%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Aug 2022, following are the company executives and directors listed on Iress.

NameTitleAgeTotal Pay
Mr. Andrew Leslie WalshMD, CEO & Director471.02M
Mr. John HarrisChief Financial Officer662.68k
Mr. Andrew ToddChief Technology Officer672.91k
Mr. Peter FergusonChief Legal Officer & Company Sec.420.54k
Ms. Kelly FiskChief Communications & Marketing Officer74.2k
Ms. Julia McNeillChief People Officer490.65k
Mr. Simon NewChief Client Solutions Officer & Chief Commercial Officer646.26k
Mr. Joydip DasChief Product Officer589.31k
Mr. Michael HarrisonManaging Director of Sales & Strategic Relationships
Ms. Kirsty GrossMang. Director of Australia & New Zealand - Financial Markets

Profitability and management effectiveness

Profit margin

12.38%

Operating margin

16.72%

Return on assets

6.11%

Return on equity

13.13%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Iress is and its enterprise value is .

The IRE's stocks Beta value is 0.82 making it 18% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Iress (IRE)

Iress (ASX:IRE) Frequently Asked Questions

1. What is Iress's Stock Symbol?

Iress trades on ASX under the ticker symbol "IRE".

2. What is Iress's stock price today?

One share of IRE stock can currently be purchased for approximately $11.38.

3. How can I contact Iress?

Iress's mailing address is 385 Bourke Street Level 16 Melbourne VIC 3000 Australia. The company can be reached via phone at 61 3 9018 5800.

4. What is Iress's official website?

The official website of Iress is https://www.iress.com.

5. Which share registry manages Iress's stock?

Iress's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.