Iress Limited

ASX:IRE Stock Report

Market Cap: AU$1.2b

Iress Dividends and Buybacks

Dividend criteria checks 2/6

Iress is a dividend paying company with a current yield of 4.12% that is well covered by earnings.

Key information

4.1%

Dividend yield

0.08%

Buyback Yield

Total Shareholder Yield4.2%
Future Dividend Yield5.5%
Dividend Growth-5.3%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio56%

Recent dividend and buyback updates

Recent updates

Narrative Update Jun 26

IRE: New BitDelta Partnership Will Support Multi Asset Trading Upside

Analysts have trimmed their A$ price targets for Iress, citing a lower fair value estimate and a slightly higher discount rate, and also acknowledging updated assumptions for revenue contraction, profit margins and future P/E multiples. What’s in the News for Iress Iress announced a multi-year partnership with BitDelta Pro, aimed at extending its trading and market data capabilities across high growth international markets.
Narrative Update Apr 18

IRE: 2026 Revenue And Profit Guidance Will Support Undervalued Shares

Analysts have kept Iress's A$10.05 price target effectively unchanged, reflecting broadly consistent views on revenue growth, margins and future P/E, with only minor tweaks to the discount rate in their valuation work. What's in the News Iress issued financial guidance for fiscal year 2026, setting expected revenue in a range of $520 million to $528 million.
Narrative Update Apr 04

IRE: 2026 Guidance And Profit Outlook Will Support Undervalued Shares

Analysts now set their price target for Iress at A$10.05, effectively unchanged from A$10.05. This reflects only minor tweaks to assumptions around the discount rate, revenue growth, profit margin and future P/E multiples.
Narrative Update Mar 20

IRE: 2026 Guidance And Margin Outlook Will Support Undervalued Shares

Analysts have kept their A$10.05 price target for Iress broadly unchanged, reflecting only minor tweaks to inputs such as the discount rate, revenue growth assumptions and profit margin forecasts, while maintaining a similar future P/E expectation. What's in the News Iress released financial guidance for fiscal year 2026, giving you clearer visibility on expected revenue and profit ranges.
Narrative Update Mar 05

IRE: Future Margin Gains And Guidance Will Support Undervalued Shares

Analysts have trimmed their price target on Iress slightly, from A$10.12 to A$10.05. This reflects updated assumptions around a modest shift to positive revenue growth, higher expected profit margins and a lower future P/E multiple.
New Narrative Feb 28

Business Reset And AI Integration Will Transform Margins Over The Next Decade

Catalysts About Iress Iress provides wealth management, trading and market data software to financial institutions across APAC, the U.K. and other regions. What are the underlying business or industry changes driving this perspective?
Narrative Update Feb 19

IRE: Higher Required Returns Will Still Support Confidence In Undervalued Shares

Analysts have nudged their Iress price target slightly higher to A$10.12 from A$10.10, reflecting updated views on discount rates, modestly softer revenue and margin assumptions, and a slightly higher future P/E multiple. Valuation Changes Fair Value: The model fair value estimate has edged up from A$10.10 to A$10.12.
New Narrative Feb 06

Regulatory And R&D Setbacks Will Pressure Wealth Tech While Long-Term Potential Remains

Catalysts About Iress Iress provides software, data and technology solutions for wealth management and trading clients across Australia, the U.K., Canada, South Africa and other markets. What are the underlying business or industry changes driving this perspective?
Narrative Update Feb 04

IRE: Buyout Interest Will Support Confidence In Undervalued Shares

Analysts have kept their Iress fair value estimate effectively unchanged at A$10.10, with only very small tweaks to inputs like discount rate, revenue growth, profit margin and future P/E. This reflects fine tuning of their models rather than a material shift in outlook.
Narrative Update Jan 21

IRE: Buyout Interest And UK Expansion Will Support Undervalued Share Price

Analysts have trimmed their price target on Iress to A$10.10, reflecting small tweaks to inputs such as a slightly higher discount rate and a marginally adjusted forward P/E assumption, while keeping the underlying fair value view essentially unchanged. What's in the News Iress announced that Old Mission has joined the Iress UK Retail Service Provider network, expanding ETF coverage for UK retail brokers and investors and aiming to improve liquidity, pricing efficiency and execution quality across a broader range of ETF quotes through a single connection (Client announcement).
Narrative Update Jan 05

IRE: Takeover Interest Will Drive Shares Toward Underappreciated Fair Value

Analysts have maintained their Iress fair value estimate at A$10.10, making only minor adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions. This reflects fine tuning of their model rather than a material change in their view.
Narrative Update Dec 21

IRE: M&A Interest And Trading Network Expansion Will Drive Shares Higher

Analysts have slightly increased their price target for Iress to around $10.10 per share, reflecting marginally lower discount rate assumptions and stable long term earnings expectations. What's in the News Iress announced that Old Mission has joined its UK Retail Service Provider network, expanding ETF coverage and improving liquidity, pricing efficiency and execution quality for UK retail brokers and investors (Client Announcement).
Analysis Article Dec 07

Investors Don't See Light At End Of Iress Limited's (ASX:IRE) Tunnel

When close to half the companies in Australia have price-to-earnings ratios (or "P/E's") above 22x, you may consider...
Narrative Update Dec 07

IRE: Future Leadership Change Will Drive Share Price Higher

Narrative Update on Analyst Price Target for Iress Analysts have modestly increased their price target for Iress to A$10.10, citing slightly higher discount rate assumptions and a marginally richer future price to earnings multiple, while keeping revenue growth and profit margin expectations broadly unchanged. What's in the News Old Mission joined the Iress UK Retail Service Provider network, expanding ETF coverage and deepening liquidity and pricing efficiency for UK retail brokers and investors (client announcement).
Analysis Article Nov 24

Does Iress (ASX:IRE) Deserve A Spot On Your Watchlist?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Narrative Update Nov 23

IRE: Improved Margins And New Leadership Will Drive Share Price Higher

Analysts have raised their price target for Iress from $9.40 to $10.10. They cite improvements in projected profit margins and a slightly lower discount rate as key factors supporting the new valuation.
Analysis Article Aug 06

Calculating The Fair Value Of Iress Limited (ASX:IRE)

Key Insights Iress' estimated fair value is AU$7.96 based on 2 Stage Free Cash Flow to Equity Current share price of...
Analysis Article Apr 25

Shareholders May Not Be So Generous With Iress Limited's (ASX:IRE) CEO Compensation And Here's Why

Key Insights Iress will host its Annual General Meeting on 2nd of May Salary of AU$779.1k is part of CEO Marcus Price's...
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New Narrative Mar 02

Investment In Digital Advice Will Advance Core Business Amid APAC Wealth Sector Risks

Strategic focus on core businesses and efficiency improvements enhances profitability and positions Iress for future revenue growth.
Analysis Article Feb 21

Iress (ASX:IRE) Will Be Hoping To Turn Its Returns On Capital Around

When it comes to investing, there are some useful financial metrics that can warn us when a business is potentially in...

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: IRE's dividend payments have been volatile in the past 10 years.

Growing Dividend: IRE's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Iress Dividend Yield vs Market
How does IRE dividend yield compare to the market?
SegmentDividend Yield
Company (IRE)4.1%
Market Bottom 25% (AU)2.8%
Market Top 25% (AU)6.7%
Industry Average (Software)1.3%
Analyst forecast (IRE) (up to 3 years)5.5%

Notable Dividend: IRE's dividend (4.12%) is higher than the bottom 25% of dividend payers in the Australian market (2.76%).

High Dividend: IRE's dividend (4.12%) is low compared to the top 25% of dividend payers in the Australian market (6.7%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (56.3%), IRE's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (175.3%), IRE's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/11 16:29
End of Day Share Price 2026/07/10 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Iress Limited is covered by 15 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nicholas McGarrigleBarrenjoey Markets Pty Limited
Cameron HalkettCanaccord Genuity
Scott HudsonCLSA