$1.57 EPS Expected for Cboe Global Markets, Inc. (NASDAQ:CBOE) This Quarter

Equities research analysts expect that Cboe Global Markets, Inc. (NASDAQ:CBOEGet Rating) will post earnings of $1.57 per share for the current quarter, Zacks Investment Research reports. Five analysts have issued estimates for Cboe Global Markets’ earnings. The highest EPS estimate is $1.71 and the lowest is $1.48. Cboe Global Markets posted earnings per share of $1.38 in the same quarter last year, which suggests a positive year-over-year growth rate of 13.8%. The business is expected to announce its next earnings report on Monday, January 1st.

According to Zacks, analysts expect that Cboe Global Markets will report full-year earnings of $6.31 per share for the current year, with EPS estimates ranging from $5.92 to $6.73. For the next year, analysts anticipate that the business will post earnings of $6.56 per share, with EPS estimates ranging from $5.85 to $6.91. Zacks’ earnings per share calculations are a mean average based on a survey of analysts that cover Cboe Global Markets.

Cboe Global Markets (NASDAQ:CBOEGet Rating) last released its earnings results on Friday, April 29th. The company reported $1.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.68 by $0.05. Cboe Global Markets had a return on equity of 18.94% and a net margin of 14.46%. The firm had revenue of $418.10 million for the quarter, compared to analysts’ expectations of $414.88 million. During the same quarter in the previous year, the business posted $1.53 earnings per share. The business’s revenue for the quarter was up 14.4% on a year-over-year basis.

A number of analysts have recently commented on the company. Citigroup cut their price target on Cboe Global Markets from $155.00 to $145.00 in a research note on Wednesday, April 13th. Rosenblatt Securities lifted their price target on Cboe Global Markets from $152.00 to $154.00 and gave the company a “buy” rating in a research note on Thursday, April 14th. Oppenheimer cut their price target on Cboe Global Markets from $146.00 to $142.00 and set an “outperform” rating on the stock in a research note on Monday, February 7th. StockNews.com began coverage on Cboe Global Markets in a research note on Thursday, March 31st. They issued a “hold” rating on the stock. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on Cboe Global Markets from $145.00 to $131.00 in a research note on Thursday, May 19th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $134.09.

Shares of CBOE stock opened at $112.31 on Wednesday. The business’s 50-day moving average price is $112.76 and its 200-day moving average price is $119.35. Cboe Global Markets has a 12 month low of $103.82 and a 12 month high of $139.00. The firm has a market capitalization of $11.93 billion, a price-to-earnings ratio of 24.10 and a beta of 0.63. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.45.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 15th. Shareholders of record on Tuesday, May 31st will be paid a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 1.71%. The ex-dividend date is Friday, May 27th. Cboe Global Markets’s dividend payout ratio (DPR) is presently 41.20%.

A number of institutional investors and hedge funds have recently modified their holdings of CBOE. BlackRock Inc. lifted its stake in Cboe Global Markets by 14.2% in the fourth quarter. BlackRock Inc. now owns 9,910,418 shares of the company’s stock valued at $1,292,318,000 after buying an additional 1,229,437 shares during the period. Norges Bank bought a new stake in shares of Cboe Global Markets during the fourth quarter valued at approximately $122,670,000. Allspring Global Investments Holdings LLC bought a new stake in shares of Cboe Global Markets during the fourth quarter valued at approximately $77,586,000. Marshall Wace LLP bought a new stake in shares of Cboe Global Markets during the fourth quarter valued at approximately $74,019,000. Finally, Scout Investments Inc. bought a new stake in shares of Cboe Global Markets during the fourth quarter valued at approximately $64,285,000. 81.73% of the stock is currently owned by hedge funds and other institutional investors.

About Cboe Global Markets (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 and Estimates for Cboe Global Markets (NASDAQ:CBOE)

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