Nasdaq, Inc. (NASDAQ:NDAQ) to Post Q4 2024 Earnings of $0.74 Per Share, Zacks Research Forecasts

Nasdaq, Inc. (NASDAQ:NDAQ) – Research analysts at Zacks Research increased their Q4 2024 earnings per share estimates for shares of Nasdaq in a research report issued to clients and investors on Wednesday, April 17th. Zacks Research analyst T. De now expects that the financial services provider will post earnings of $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.

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

Several other brokerages have also issued reports on NDAQ. Piper Sandler lifted their price target on shares of Nasdaq from $70.00 to $71.00 and gave the company an “overweight” rating in a research note on Thursday, February 1st. StockNews.com raised Nasdaq from a “sell” rating to a “hold” rating in a research report on Wednesday, March 27th. UBS Group boosted their price target on Nasdaq from $56.00 to $60.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 24th. The Goldman Sachs Group raised Nasdaq from a “neutral” rating to a “buy” rating and set a $73.00 price objective for the company in a report on Tuesday, March 26th. Finally, Rosenblatt Securities restated a “buy” rating and set a $82.00 target price on shares of Nasdaq in a report on Thursday, February 1st. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $67.09.

Nasdaq Price Performance

NDAQ opened at $60.07 on Thursday. Nasdaq has a 12 month low of $46.88 and a 12 month high of $64.25. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.94. The stock has a market cap of $34.55 billion, a P/E ratio of 28.47, a P/E/G ratio of 2.73 and a beta of 0.93. The company has a fifty day simple moving average of $59.37 and a 200 day simple moving average of $55.96.

Nasdaq Announces Dividend

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

Insiders Place Their Bets

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

Institutional Investors Weigh In On Nasdaq

Institutional investors and hedge funds have recently bought and sold shares of the stock. Thoma Bravo L.P. bought a new stake in shares of Nasdaq in the 4th quarter worth $4,166,454,000. The Manufacturers Life Insurance Company increased its stake in 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 valued at $305,224,000 after buying an additional 4,280,846 shares during the last quarter. Norges Bank bought a new position in shares of Nasdaq during the 4th quarter worth approximately $239,347,000. Bain Capital Public Equity Management II LLC purchased a new position in shares of Nasdaq in the 4th quarter worth approximately $96,241,000. Finally, Goldman Sachs Group Inc. grew its holdings in shares of Nasdaq by 32.1% in the fourth quarter. Goldman Sachs Group Inc. now owns 5,974,186 shares of the financial services provider’s stock valued at $347,339,000 after acquiring an additional 1,451,331 shares in the last quarter. 72.47% of the stock is owned by hedge funds and other institutional investors.

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.