Zacks Research Weighs in on Nasdaq, Inc.’s Q4 2024 Earnings (NASDAQ:NDAQ)

Nasdaq, Inc. (NASDAQ:NDAQ) – Equities research analysts at Zacks Research lifted their Q4 2024 earnings estimates for shares of Nasdaq in a research report issued to clients and investors on Wednesday, April 17th. Zacks Research analyst T. De now forecasts that the financial services provider will earn $0.74 per share for the quarter, up from their previous forecast of $0.73. The consensus estimate for Nasdaq’s current full-year earnings is $2.75 per share. Zacks Research also issued estimates for Nasdaq’s Q3 2025 earnings at $0.78 EPS, Q4 2025 earnings at $0.79 EPS, FY2025 earnings at $3.05 EPS and FY2026 earnings at $3.43 EPS.

Other analysts also recently issued reports about the company. StockNews.com raised Nasdaq from a “sell” rating to a “hold” rating in a research note on Wednesday, March 27th. Piper Sandler raised their price objective on shares of Nasdaq from $70.00 to $71.00 and gave the stock an “overweight” rating in a research report on Thursday, February 1st. Barclays initiated coverage on shares of Nasdaq in a research note on Thursday, April 11th. They set an “overweight” rating and a $76.00 target price on the stock. Rosenblatt Securities reissued a “buy” rating and issued a $82.00 price target on shares of Nasdaq in a research note on Thursday, February 1st. Finally, The Goldman Sachs Group raised shares of Nasdaq from a “neutral” rating to a “buy” rating and set a $73.00 price target on the stock in a research report on Tuesday, March 26th. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $67.09.

Nasdaq Trading Up 0.1 %

NDAQ opened at $60.07 on Thursday. The firm has a market capitalization of $34.55 billion, a price-to-earnings ratio of 28.47, a price-to-earnings-growth ratio of 2.73 and a beta of 0.93. The company’s 50 day simple moving average is $59.37 and its two-hundred day simple moving average is $55.96. Nasdaq has a 1-year low of $46.88 and a 1-year high of $64.25. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.01 and a quick ratio of 1.01.

Nasdaq (NASDAQ:NDAQ) last announced its quarterly earnings data on Wednesday, January 31st. The financial services provider reported $0.72 earnings per share for the quarter, beating analysts’ consensus estimates of $0.70 by $0.02. The company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.08 billion. Nasdaq had a return on equity of 19.28% and a net margin of 17.48%. The firm’s revenue for the quarter was up 21.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.64 EPS.

Nasdaq Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Thursday, March 14th were paid a dividend of $0.22 per share. The ex-dividend date of this dividend was Wednesday, March 13th. This represents a $0.88 annualized dividend and a yield of 1.46%. Nasdaq’s payout ratio is 41.71%.

Insider Buying and Selling

In other news, EVP Bryan Everard Smith sold 7,400 shares of the business’s stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $62.91, for a total transaction of $465,534.00. Following the completion of the transaction, the executive vice president now directly owns 61,672 shares of the company’s stock, valued at $3,879,785.52. The sale was disclosed in a filing with the SEC, which is accessible through this link. In other Nasdaq news, EVP Bryan Everard Smith sold 7,400 shares of Nasdaq stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $62.91, for a total transaction of $465,534.00. Following the completion of the sale, the executive vice president now directly owns 61,672 shares of the company’s stock, valued at approximately $3,879,785.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Dubai Ltd Borse sold 31,000,000 shares of the business’s stock in a transaction that occurred on Friday, March 22nd. The stock was sold at an average price of $58.00, for a total value of $1,798,000,000.00. Following the sale, the insider now owns 58,341,545 shares of the company’s stock, valued at approximately $3,383,809,610. The disclosure for this sale can be found here. 0.75% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Thoma Bravo L.P. purchased a new stake in shares of Nasdaq during the fourth quarter worth approximately $4,166,454,000. Vanguard Group Inc. increased its stake in Nasdaq by 1.7% in the 4th quarter. Vanguard Group Inc. now owns 45,065,891 shares of the financial services provider’s stock valued at $2,620,131,000 after buying an additional 745,965 shares during the period. BlackRock Inc. raised its position in Nasdaq by 0.7% during the 1st quarter. BlackRock Inc. now owns 26,870,823 shares of the financial services provider’s stock worth $1,469,028,000 after buying an additional 196,739 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Nasdaq by 1.6% in the 1st quarter. Geode Capital Management LLC now owns 7,735,673 shares of the financial services provider’s stock worth $422,030,000 after acquiring an additional 125,136 shares during the period. Finally, The Manufacturers Life Insurance Company lifted its stake in shares of Nasdaq by 214.0% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 6,281,617 shares of the financial services provider’s stock worth $305,224,000 after acquiring an additional 4,280,846 shares during the period. Institutional investors and hedge funds own 72.47% of the company’s stock.

About Nasdaq

Nasdaq, Inc operates as a technology company that serves capital markets and other industries worldwide. It operates in three segments: Capital Access Platforms, Financial Technology, and Market Services. The Capital Access Platforms segment sells and distributes historical and real-time market data; and develops and licenses Nasdaq-branded indices and financial products.