Cboe Global Markets, Inc. Forecasted to Post Q1 2022 Earnings of $1.66 Per Share (NASDAQ:CBOE)

Cboe Global Markets, Inc. (NASDAQ:CBOE – Get Rating) – Jefferies Financial Group lifted their Q1 2022 EPS estimates for Cboe Global Markets in a research report issued to clients and investors on Monday, April 11th. Jefferies Financial Group analyst D. Fannon now anticipates that the company will earn $1.66 per share for the quarter, up from their previous estimate of $1.56. Jefferies Financial Group also issued estimates for Cboe Global Markets’ Q3 2022 earnings at $1.44 EPS, Q1 2023 earnings at $1.83 EPS and Q3 2023 earnings at $1.52 EPS.

Cboe Global Markets (NASDAQ:CBOE – Get Rating) last announced its earnings results on Friday, February 4th. The company reported $1.70 EPS for the quarter, topping the consensus estimate of $1.53 by $0.17. The firm had revenue of $390.50 million for the quarter, compared to the consensus estimate of $389.31 million. Cboe Global Markets had a net margin of 15.10% and a return on equity of 18.62%. The business’s quarterly revenue was up 27.2% on a year-over-year basis. During the same period last year, the company posted $1.21 EPS.

Several other equities analysts have also recently weighed in on CBOE. Credit Suisse Group assumed coverage on shares of Cboe Global Markets in a research note on Tuesday, February 15th. They set a “neutral” rating and a $144.00 price target for the company. Rosenblatt Securities raised their price target on shares of Cboe Global Markets from $150.00 to $152.00 and gave the stock a “buy” rating in a research note on Tuesday, March 8th. Zacks Investment Research raised shares of Cboe Global Markets from a “hold” rating to a “buy” rating and set a $124.00 price target for the company in a research note on Monday, January 17th. Citigroup decreased their price target on shares of Cboe Global Markets from $155.00 to $145.00 in a research note on Wednesday. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of Cboe Global Markets from $143.00 to $145.00 and gave the company a “buy” rating in a research note on Thursday, April 7th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $133.92.

Shares of CBOE opened at $119.55 on Wednesday. The stock has a market capitalization of $12.69 billion, a P/E ratio of 24.35 and a beta of 0.66. Cboe Global Markets has a twelve month low of $100.53 and a twelve month high of $139.00. The company has a 50 day moving average of $117.04 and a 200-day moving average of $123.28. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.36.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 15th. Shareholders of record on Monday, February 28th were given a dividend of $0.48 per share. The ex-dividend date of this dividend was Friday, February 25th. This represents a $1.92 dividend on an annualized basis and a yield of 1.61%. Cboe Global Markets’s dividend payout ratio (DPR) is 39.10%.

Several institutional investors and hedge funds have recently bought and sold shares of CBOE. BlackRock Inc. lifted its holdings in shares of Cboe Global Markets by 14.2% during the fourth quarter. BlackRock Inc. now owns 9,910,418 shares of the company’s stock worth $1,292,318,000 after buying an additional 1,229,437 shares in the last quarter. Lord Abbett & CO. LLC acquired a new stake in shares of Cboe Global Markets during the third quarter worth $116,871,000. Norges Bank acquired a new stake in shares of Cboe Global Markets during the fourth quarter worth $122,670,000. Allspring Global Investments Holdings LLC acquired a new stake in shares of Cboe Global Markets during the fourth quarter worth $77,586,000. Finally, Marshall Wace LLP acquired a new stake in shares of Cboe Global Markets during the fourth quarter worth $74,019,000. 82.28% of the stock is owned by institutional investors.

Cboe Global Markets Company Profile (Get Rating)

Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange worldwide. It operates through five segments: Options, North American Equities, Futures, Europe and Asia Pacific, and Global FX. The Options segment trades in listed market indices. The North American Equities segment trades in listed U.S.

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