Iress Share Price and Company Fundamentals



Price
$9.94
Change
-0.150 (-1.487%)
52 week
8.9 - 12.01

Last traded: Today at 4:33 AM

Iress Limited designs and develops software and services for the financial services industry in Australia, New Zealand, Asia, North America, Europe, South Africa, and the United Kingdom. It offers client management, business automation, portfolio data, research, financial planning tools, scaled advice journeys, digital client solutions, data-driven compliance and analytics, and consent infrastructure-as-a-service; 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, mortgage 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; retail and investment platforms; superannuation funds; and mortgage lenders and 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 based in Melbourne, Australia.

Key Metrics

PE ratio

31.06

PB ratio

3.23

Dividend yield

4.56%

Beta

0.92

Market cap

$1.92B

Enterprise value

$2.1B

Company profile

Primary activitiesThe provision of IT solutions to financial market participants and wealth managers.
Industry / SectorSoftware—Application / Technology
Full time employees2333
Websitehttp://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

4.56%

Dividend amount

$0.46

Payout ratio

143.75%

5Y Avg. yield

3.90%

Iress paid $0.46 dividend and the ex-dividend date was 24 Feb 2021.The dividend payout ratio is 143.75%. 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 4.64%. 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 May 2021, following are the company executives and directors listed on Iress.

NameTitleAgeTotal Pay
Mr. Andrew Leslie WalshMD, CEO & Director461.07M
Mr. John HarrisChief Financial Officer663.67k
Mr. Andrew ToddChief Technology Officer664.01k
Mr. Peter FergusonChief Legal Officer & Company Sec.426.84k
Mr. Coran LillChief Communications & Marketing Officer148.27k
Ms. Julia McNeillChief People Officer470.69k
Mr. Simon NewChief Client Solutions Officer623.55k
Mr. Joydip DasChief Product Officer569.12k
Mr. Michael Charles BlomfieldChief Commercial Officer50622.28k
Mr. Michael HarrisonManaging Director of Sales & Strategic Relationships

Profitability and management effectiveness

Profit margin

10.89%

Operating margin

16.96%

Return on assets

6.24%

Return on equity

11.55%

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 1.92B and its enterprise value is 2.1B. The enterprise value to revenue ratio of IRE is 3.87.

The IRE's stocks Beta value is 0.92 making it 8% 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 $9.94.

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 http://www.iress.com.

5. Which share registry manages Iress's stock?

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