Wall Street brokerages forecast that Cboe Global Markets Inc (NASDAQ:CBOE) will report $1.03 earnings per share for the current fiscal quarter, according to Zacks. Zero analysts have provided estimates for Cboe Global Markets’ earnings. The highest EPS estimate is $1.05 and the lowest is $1.01. Cboe Global Markets reported earnings of $0.87 per share during the same quarter last year, which would indicate a positive year over year growth rate of 18.4%. The business is expected to announce its next quarterly earnings report on Tuesday, November 6th.

On average, analysts expect that Cboe Global Markets will report full-year earnings of $4.54 per share for the current year, with EPS estimates ranging from $4.46 to $4.62. For the next financial year, analysts expect that the company will report earnings of $4.86 per share, with EPS estimates ranging from $4.59 to $5.15. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for 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 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.03 by $0.02. The business had revenue of $283.50 million for the quarter, compared to the consensus estimate of $278.57 million. Cboe Global Markets had a net margin of 19.22% and a return on equity of 14.16%. The company’s revenue was up 6.2% compared to the same quarter last year. During the same period last year, the firm posted $0.87 earnings per share.

Several research firms have issued reports on CBOE. BidaskClub downgraded shares of Cboe Global Markets from a “hold” rating to a “sell” rating in a report on Thursday, August 2nd. Compass Point began coverage on shares of Cboe Global Markets in a report on Monday, July 9th. They set a “buy” rating and a $115.00 price objective on the stock. Barclays decreased their price objective on shares of Cboe Global Markets from $110.00 to $107.00 and set an “equal weight” rating on the stock in a report on Monday, July 30th. Zacks Investment Research downgraded shares of Cboe Global Markets from a “hold” rating to a “sell” rating in a report on Tuesday, July 10th. Finally, Rosenblatt Securities began coverage on shares of Cboe Global Markets in a report on Wednesday, September 5th. They set a “buy” rating and a $115.00 price objective on the stock. Eleven analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $118.43.

CBOE traded down $0.03 during midday trading on Tuesday, hitting $107.15. 1,705,780 shares of the company traded hands, compared to its average volume of 1,170,320. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.29. The company has a market cap of $11.65 billion, a price-to-earnings ratio of 31.33, a PEG ratio of 1.95 and a beta of 0.52. Cboe Global Markets has a 52-week low of $91.10 and a 52-week high of $138.54.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 14th. Stockholders of record on Friday, August 31st were given a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.16%. This is a boost from Cboe Global Markets’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend was Thursday, August 30th. Cboe Global Markets’s dividend payout ratio is 36.26%.

In other news, 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 value of $872,261.60. Following the completion of the sale, the vice president now directly owns 86,220 shares in the company, valued at $8,624,586.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, 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 transaction of $123,441.45. Following the completion of the sale, the director now owns 4,137 shares of the company’s stock, valued at $430,951.29. The disclosure for this sale can be found here. 0.89% of the stock is owned by corporate insiders.

A number of institutional investors have recently added to or reduced their stakes in the stock. Janney Montgomery Scott LLC increased its position in Cboe Global Markets by 11.3% during the second quarter. Janney Montgomery Scott LLC now owns 4,902 shares of the financial services provider’s stock worth $510,000 after purchasing an additional 497 shares during the last quarter. LPL Financial LLC boosted its stake in Cboe Global Markets by 25.8% during the first quarter. LPL Financial LLC now owns 2,625 shares of the financial services provider’s stock worth $299,000 after buying an additional 539 shares during the period. Caisse DE Depot ET Placement DU Quebec boosted its stake in Cboe Global Markets by 16.7% during the second quarter. Caisse DE Depot ET Placement DU Quebec now owns 4,200 shares of the financial services provider’s stock worth $437,000 after buying an additional 600 shares during the period. Dupont Capital Management Corp boosted its stake in Cboe Global Markets by 65.8% during the second quarter. Dupont Capital Management Corp now owns 1,529 shares of the financial services provider’s stock worth $159,000 after buying an additional 607 shares during the period. Finally, ING Groep NV boosted its stake in Cboe Global Markets by 9.4% during the second quarter. ING Groep NV now owns 7,345 shares of the financial services provider’s stock worth $764,000 after buying an additional 629 shares during the period. Hedge funds and other institutional investors own 81.98% of the company’s stock.

Cboe Global Markets Company Profile

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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Earnings History and Estimates for Cboe Global Markets (NASDAQ:CBOE)

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