Interactive Brokers Group (IBKR) to Release Earnings on Tuesday

Interactive Brokers Group (NASDAQ:IBKR) will be announcing its earnings results after the market closes on Tuesday, October 16th. Analysts expect the company to announce earnings of $0.49 per share for the quarter.

Interactive Brokers Group (NASDAQ:IBKR) last posted its earnings results on Tuesday, July 17th. The financial services provider reported $0.58 EPS for the quarter, beating analysts’ consensus estimates of $0.53 by $0.05. The firm had revenue of $445.00 million during the quarter, compared to the consensus estimate of $409.02 million. Interactive Brokers Group had a return on equity of 2.29% and a net margin of 5.19%. The company’s quarterly revenue was up 15.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.32 EPS. On average, analysts expect Interactive Brokers Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

NASDAQ IBKR opened at $55.86 on Tuesday. The company has a market cap of $22.89 billion, a PE ratio of 36.51, a PEG ratio of 1.26 and a beta of 0.97. Interactive Brokers Group has a one year low of $47.05 and a one year high of $80.32.

The company also recently announced a quarterly dividend, which was paid on Friday, September 14th. Stockholders of record on Friday, August 31st were given a dividend of $0.10 per share. The ex-dividend date was Thursday, August 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.72%. Interactive Brokers Group’s dividend payout ratio is currently 26.14%.

In related news, President Milan Galik purchased 415 shares of the firm’s stock in a transaction that occurred on Saturday, December 15th. The shares were bought at an average price of $60.40 per share, for a total transaction of $25,066.00. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Thomas Aj Frank sold 30,951 shares of the stock in a transaction on Monday, August 13th. The shares were sold at an average price of $62.05, for a total value of $1,920,509.55. The disclosure for this sale can be found here. In the last 90 days, insiders have purchased 3,121 shares of company stock worth $175,742 and have sold 177,107 shares worth $11,012,193. Corporate insiders own 1.98% of the company’s stock.

A number of research analysts have recently commented on IBKR shares. Zacks Investment Research downgraded Interactive Brokers Group from a “buy” rating to a “hold” rating in a research report on Tuesday, June 19th. ValuEngine downgraded Interactive Brokers Group from a “strong-buy” rating to a “buy” rating in a research report on Thursday, June 21st. BidaskClub downgraded Interactive Brokers Group from a “hold” rating to a “sell” rating in a research report on Friday, June 22nd. Finally, SunTrust Banks lowered their target price on Interactive Brokers Group to $71.00 and set a “$65.34” rating for the company in a research report on Wednesday, July 18th. Four research analysts have rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $69.86.

Interactive Brokers Group Company Profile

Interactive Brokers Group, Inc operates as an automated electronic broker in approximately 120 electronic exchanges and market centers worldwide. It specializes in executing and clearing trades in securities, futures, foreign exchange instruments, bonds, and mutual funds. The company custodies and services accounts for hedge and mutual funds, registered investment advisors, proprietary trading groups, introducing brokers, and individual investors.

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Earnings History for Interactive Brokers Group (NASDAQ:IBKR)

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