Interactive Brokers Group, Inc. (NASDAQ:IBKR) Given Average Rating of “Moderate Buy” by Analysts

Interactive Brokers Group, Inc. (NASDAQ:IBKR) has been assigned an average rating of “Moderate Buy” from the eight ratings firms that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $188.25.

A number of research firms have recently commented on IBKR. Citigroup boosted their price target on Interactive Brokers Group from $180.00 to $220.00 and gave the stock a “buy” rating in a report on Friday. Barclays boosted their price target on Interactive Brokers Group from $165.00 to $214.00 and gave the stock an “overweight” rating in a report on Monday, December 9th. Piper Sandler boosted their price target on Interactive Brokers Group from $163.00 to $200.00 and gave the stock an “overweight” rating in a report on Tuesday. Keefe, Bruyette & Woods boosted their price target on Interactive Brokers Group from $152.00 to $190.00 and gave the stock a “market perform” rating in a report on Friday, December 20th. Finally, UBS Group boosted their price objective on Interactive Brokers Group from $155.00 to $170.00 and gave the stock a “buy” rating in a research report on Tuesday, October 8th.

Institutional Investors Weigh In On Interactive Brokers Group

Institutional investors have recently made changes to their positions in the stock. Versant Capital Management Inc grew its position in shares of Interactive Brokers Group by 66.4% in the 4th quarter. Versant Capital Management Inc now owns 178 shares of the financial services provider’s stock valued at $31,000 after buying an additional 71 shares during the last quarter. Fairfield Financial Advisors LTD bought a new stake in shares of Interactive Brokers Group during the 2nd quarter valued at about $32,000. UMB Bank n.a. boosted its position in shares of Interactive Brokers Group by 350.0% during the 3rd quarter. UMB Bank n.a. now owns 288 shares of the financial services provider’s stock valued at $40,000 after purchasing an additional 224 shares in the last quarter. Fortitude Family Office LLC boosted its position in shares of Interactive Brokers Group by 105.7% during the 4th quarter. Fortitude Family Office LLC now owns 288 shares of the financial services provider’s stock valued at $51,000 after purchasing an additional 148 shares in the last quarter. Finally, Smithfield Trust Co boosted its position in shares of Interactive Brokers Group by 80.6% during the 3rd quarter. Smithfield Trust Co now owns 345 shares of the financial services provider’s stock valued at $48,000 after purchasing an additional 154 shares in the last quarter. Institutional investors own 23.80% of the company’s stock.

Interactive Brokers Group Price Performance

Shares of NASDAQ IBKR opened at $185.21 on Friday. The stock has a market capitalization of $78.26 billion, a PE ratio of 28.28, a P/E/G ratio of 1.41 and a beta of 0.87. The business has a fifty day moving average price of $180.71 and a two-hundred day moving average price of $147.56. Interactive Brokers Group has a fifty-two week low of $83.86 and a fifty-two week high of $193.42.

Interactive Brokers Group (NASDAQ:IBKR) last announced its quarterly earnings data on Tuesday, October 15th. The financial services provider reported $1.75 earnings per share for the quarter, missing the consensus estimate of $1.78 by ($0.03). Interactive Brokers Group had a net margin of 7.89% and a return on equity of 4.83%. The company had revenue of $2.45 billion during the quarter, compared to analyst estimates of $1.32 billion. During the same period in the prior year, the firm earned $1.55 earnings per share. On average, equities analysts expect that Interactive Brokers Group will post 6.82 EPS for the current year.

Interactive Brokers Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were given a $0.25 dividend. The ex-dividend date was Friday, November 29th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.54%. Interactive Brokers Group’s dividend payout ratio (DPR) is presently 15.27%.

Interactive Brokers Group Company Profile

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.