Interactive Brokers Group (IBKR) to Release Quarterly Earnings on Tuesday

Interactive Brokers Group (NASDAQ:IBKRGet Free Report) will release its earnings data after the market closes on Tuesday, October 15th. Analysts expect Interactive Brokers Group to post earnings of $1.71 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Interactive Brokers Group (NASDAQ:IBKRGet Free Report) last posted its quarterly earnings results on Tuesday, July 16th. The financial services provider reported $1.76 EPS for the quarter, topping analysts’ consensus estimates of $1.74 by $0.02. Interactive Brokers Group had a return on equity of 4.88% and a net margin of 7.88%. The company had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.27 billion. During the same period in the previous year, the firm earned $1.32 EPS. The firm’s revenue was up 21.2% compared to the same quarter last year. On average, analysts expect Interactive Brokers Group to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Interactive Brokers Group Trading Up 1.7 %

Shares of IBKR stock opened at $151.14 on Monday. The stock has a fifty day simple moving average of $129.06 and a two-hundred day simple moving average of $123.17. Interactive Brokers Group has a twelve month low of $72.60 and a twelve month high of $151.36. The stock has a market capitalization of $63.64 billion, a price-to-earnings ratio of 25.84, a P/E/G ratio of 1.34 and a beta of 0.80.

Interactive Brokers Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 13th. Shareholders of record on Friday, August 30th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.66%. The ex-dividend date of this dividend was Friday, August 30th. Interactive Brokers Group’s payout ratio is 17.09%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on IBKR shares. UBS Group raised their price objective on shares of Interactive Brokers Group from $155.00 to $170.00 and gave the stock a “buy” rating in a report on Tuesday, October 8th. Jefferies Financial Group boosted their price target on shares of Interactive Brokers Group from $152.00 to $165.00 and gave the company a “buy” rating in a research report on Friday, October 4th. Keefe, Bruyette & Woods lowered shares of Interactive Brokers Group from an “outperform” rating to a “market perform” rating and upped their price target for the company from $128.00 to $135.00 in a report on Thursday, July 11th. Piper Sandler increased their price objective on shares of Interactive Brokers Group from $140.00 to $163.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 8th. Finally, Barclays lifted their price objective on shares of Interactive Brokers Group from $147.00 to $166.00 and gave the stock an “overweight” rating in a research note on Monday, October 7th. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, Interactive Brokers Group currently has an average rating of “Moderate Buy” and an average target price of $143.11.

Check Out Our Latest Analysis on Interactive Brokers Group

About Interactive Brokers Group

(Get Free Report)

Interactive Brokers Group, Inc operates as an automated electronic broker worldwide. The company engages in the execution, clearance, and settlement of trades in stocks, options, futures, foreign exchange instruments, bonds, mutual funds, exchange traded funds (ETFs), precious metals, and cryptocurrencies.

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Earnings History for Interactive Brokers Group (NASDAQ:IBKR)

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