Iress Share Price and Company Fundamentals
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 activities | The provision of IT solutions to financial market participants and wealth managers. |
|---|---|
| Industry / Sector | Software—Application / Technology |
| Full time employees | 2333 |
| Website | http://www.iress.com |
| Mailing address | 385 Bourke Street Level 16 Melbourne VIC 3000 Australia |
| Phone / Fax | 61 3 9018 5800 / 61 3 9018 5844 |
| Share registry | COMPUTERSHARE 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.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Andrew Leslie Walsh | MD, CEO & Director | 46 | 1.07M |
| Mr. John Harris | Chief Financial Officer | 663.67k | |
| Mr. Andrew Todd | Chief Technology Officer | 664.01k | |
| Mr. Peter Ferguson | Chief Legal Officer & Company Sec. | 426.84k | |
| Mr. Coran Lill | Chief Communications & Marketing Officer | 148.27k | |
| Ms. Julia McNeill | Chief People Officer | 470.69k | |
| Mr. Simon New | Chief Client Solutions Officer | 623.55k | |
| Mr. Joydip Das | Chief Product Officer | 569.12k | |
| Mr. Michael Charles Blomfield | Chief Commercial Officer | 50 | 622.28k |
| Mr. Michael Harrison | Managing 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.
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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.