Cboe Global Markets Inc (NASDAQ:CBOE) announced a quarterly dividend on Tuesday, February 20th, Wall Street Journal reports. Shareholders of record on Friday, March 2nd will be paid a dividend of 0.27 per share by the financial services provider on Thursday, March 15th. This represents a $1.08 annualized dividend and a yield of 0.97%. The ex-dividend date is Thursday, March 1st.
Shares of Cboe Global Markets (NASDAQ:CBOE) opened at $110.78 on Wednesday. The stock has a market capitalization of $12,644.87, a P/E ratio of 31.21, a price-to-earnings-growth ratio of 1.37 and a beta of 0.46. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.31 and a quick ratio of 1.57. Cboe Global Markets has a 52 week low of $77.33 and a 52 week high of $138.54.
Cboe Global Markets (NASDAQ:CBOE) last issued its earnings results on Friday, February 9th. The financial services provider reported $0.87 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.88 by ($0.01). The firm had revenue of $265.60 million during the quarter, compared to analysts’ expectations of $267.25 million. Cboe Global Markets had a return on equity of 12.74% and a net margin of 17.80%. The firm’s quarterly revenue was up 85.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.63 EPS. equities analysts expect that Cboe Global Markets will post 4.63 EPS for the current year.
In related news, VP Christopher A. Isaacson sold 7,019 shares of the company’s stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $124.42, for a total transaction of $873,303.98. Following the completion of the transaction, the vice president now owns 90,229 shares in the company, valued at $11,226,292.18. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Chairman Edward T. Tilly sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, December 11th. The shares were sold at an average price of $126.28, for a total value of $631,400.00. Following the transaction, the chairman now owns 70,611 shares of the company’s stock, valued at approximately $8,916,757.08. The disclosure for this sale can be found here. In the last three months, insiders have sold 12,989 shares of company stock valued at $1,622,840. Insiders own 1.86% of the company’s stock.
Several analysts have issued reports on CBOE shares. Zacks Investment Research lowered Cboe Global Markets from a “buy” rating to a “hold” rating in a research note on Tuesday, November 7th. Deutsche Bank upped their target price on Cboe Global Markets from $106.00 to $108.00 and gave the stock a “hold” rating in a research note on Wednesday, November 8th. BidaskClub lowered Cboe Global Markets from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, December 20th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $130.00 target price on shares of Cboe Global Markets in a research note on Friday, December 22nd. Finally, Wells Fargo & Co increased their price objective on Cboe Global Markets from $4.75 to $138.00 and gave the company an “outperform” rating in a research note on Friday, January 5th. Eight equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. Cboe Global Markets has an average rating of “Buy” and a consensus target price of $118.64.
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About Cboe Global Markets
Cboe Global Markets, Inc, formerly CBOE Holdings, Inc, is a holding company. The Company provides trading and investment solutions to investors around the world. It offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, United States and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the Cboe Volatility Index (VIX Index).
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