Analysts forecast that Cboe Global Markets Inc (NASDAQ:CBOE) will post $1.02 earnings per share for the current fiscal quarter, Zacks reports. Four analysts have made estimates for Cboe Global Markets’ earnings, with the lowest EPS estimate coming in at $0.98 and the highest estimate coming in at $1.07. Cboe Global Markets posted earnings per share of $0.89 during the same quarter last year, which indicates a positive year over year growth rate of 14.6%. The firm is expected to report its next earnings results before the market opens on Friday, November 2nd.
According to Zacks, analysts expect that Cboe Global Markets will report full-year earnings of $4.55 per share for the current year, with EPS estimates ranging from $4.47 to $4.62. For the next fiscal year, analysts forecast that the firm will post earnings of $4.86 per share, with EPS estimates ranging from $4.59 to $5.13. Zacks’ earnings per share calculations are a mean average based on a survey of analysts that follow Cboe Global Markets.
Cboe Global Markets (NASDAQ:CBOE) last posted its quarterly earnings data on Friday, August 3rd. The financial services provider reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.02. The business had revenue of $283.50 million for the quarter, compared to analyst estimates of $278.57 million. Cboe Global Markets had a return on equity of 14.16% and a net margin of 19.22%. The firm’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.87 earnings per share.
In other Cboe Global Markets news, Director Frank E. Jr. English sold 1,185 shares of the stock in a transaction dated Tuesday, September 11th. The shares were sold at an average price of $104.17, for a total value of $123,441.45. Following the transaction, the director now directly owns 4,137 shares of the company’s stock, valued at approximately $430,951.29. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Christopher A. Isaacson sold 8,720 shares of the stock in a transaction dated Thursday, August 30th. The shares were sold at an average price of $100.03, for a total transaction of $872,261.60. Following the completion of the transaction, the vice president now directly owns 86,220 shares in the company, valued at $8,624,586.60. The disclosure for this sale can be found here. Company insiders own 0.89% of the company’s stock.
Institutional investors have recently added to or reduced their stakes in the business. grace capital bought a new position in Cboe Global Markets in the 2nd quarter valued at about $291,000. Sentry Investment Management LLC bought a new position in Cboe Global Markets in the 2nd quarter valued at about $774,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in Cboe Global Markets in the 2nd quarter valued at about $1,226,000. Private Advisor Group LLC raised its holdings in Cboe Global Markets by 81.1% in the 2nd quarter. Private Advisor Group LLC now owns 6,868 shares of the financial services provider’s stock valued at $713,000 after acquiring an additional 3,076 shares during the period. Finally, Janney Montgomery Scott LLC raised its holdings in Cboe Global Markets by 11.3% in the 2nd quarter. Janney Montgomery Scott LLC now owns 4,902 shares of the financial services provider’s stock valued at $510,000 after acquiring an additional 497 shares during the period. 81.98% of the stock is currently owned by hedge funds and other institutional investors.
Shares of CBOE opened at $97.21 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.86 and a current ratio of 0.86. The stock has a market cap of $11.65 billion, a P/E ratio of 28.42, a PEG ratio of 1.95 and a beta of 0.52. Cboe Global Markets has a 12-month low of $91.10 and a 12-month high of $138.54.
The company also recently announced a quarterly dividend, which was paid on Friday, September 14th. Investors of record on Friday, August 31st were paid a $0.31 dividend. This is an increase from Cboe Global Markets’s previous quarterly dividend of $0.27. This represents a $1.24 annualized dividend and a yield of 1.28%. The ex-dividend date was Thursday, August 30th. Cboe Global Markets’s dividend payout ratio (DPR) is 36.26%.
About Cboe Global Markets
Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange in the United States. The company operates in five segments: Options, U.S. Equities, Futures, European Equities, and Global FX. The Options segment trades in listed market indexes. The U.S. Equities segment trades in listed cash equities; and provides exchange-traded products (ETP) transaction and ETP listing services.
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