Cboe Global Markets (NASDAQ:CBOE) Issues Quarterly Earnings Results

Cboe Global Markets (NASDAQ:CBOEGet Rating) issued its earnings results on Friday. The company reported $1.73 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.68 by $0.05, RTT News reports. Cboe Global Markets had a return on equity of 18.62% and a net margin of 15.10%. The firm had revenue of $418.10 million for the quarter, compared to the consensus estimate of $414.88 million. During the same quarter last year, the business posted $1.53 EPS. The company’s revenue was up 14.4% compared to the same quarter last year.

Cboe Global Markets stock opened at $112.98 on Friday. The stock’s 50 day moving average is $115.87 and its 200 day moving average is $122.59. Cboe Global Markets has a one year low of $102.04 and a one year high of $139.00. The firm has a market cap of $12.00 billion, a P/E ratio of 23.01 and a beta of 0.66. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.31 and a quick ratio of 1.31.

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 15th. Investors of record on Monday, February 28th were given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 1.70%. The ex-dividend date of this dividend was Friday, February 25th. Cboe Global Markets’s dividend payout ratio is currently 39.10%.

A number of large investors have recently added to or reduced their stakes in CBOE. Penserra Capital Management LLC increased its position in shares of Cboe Global Markets by 22.8% during the fourth quarter. Penserra Capital Management LLC now owns 474 shares of the company’s stock worth $61,000 after buying an additional 88 shares during the period. Canada Pension Plan Investment Board bought a new stake in Cboe Global Markets in the fourth quarter worth approximately $29,000. MML Investors Services LLC lifted its position in shares of Cboe Global Markets by 3.5% during the 4th quarter. MML Investors Services LLC now owns 6,808 shares of the company’s stock valued at $888,000 after acquiring an additional 232 shares during the period. Cubist Systematic Strategies LLC bought a new position in Cboe Global Markets during the third quarter worth $152,000. Finally, Glenmede Trust Co. NA acquired a new stake in shares of Cboe Global Markets in the 4th quarter valued at about $205,000. 82.28% of the stock is owned by institutional investors and hedge funds.

Several analysts recently weighed in on CBOE shares. Zacks Investment Research upgraded Cboe Global Markets from a “hold” rating to a “buy” rating and set a $124.00 price objective for the company in a research report on Monday, January 17th. Rosenblatt Securities raised their price target on shares of Cboe Global Markets from $152.00 to $154.00 and gave the company a “buy” rating in a research note on Thursday, April 14th. Credit Suisse Group initiated coverage on shares of Cboe Global Markets in a report on Tuesday, February 15th. They set a “neutral” rating and a $144.00 price target on the stock. StockNews.com initiated coverage on shares of Cboe Global Markets in a research report on Thursday, March 31st. They issued a “hold” rating on the stock. Finally, Deutsche Bank Aktiengesellschaft upped their price target on shares of Cboe Global Markets from $143.00 to $145.00 and gave the stock a “buy” rating in a report on Thursday, April 7th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $135.36.

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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Earnings History for Cboe Global Markets (NASDAQ:CBOE)

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