Brokers Offer Predictions for CBOE FY2024 Earnings

Cboe Global Markets, Inc. (NASDAQ:CBOE) – Equities research analysts at William Blair issued their FY2024 EPS estimates for shares of Cboe Global Markets in a research note issued on Thursday, January 9th. William Blair analyst J. Schmitt anticipates that the company will earn $8.63 per share for the year. William Blair has a “Market Perform” rating on the stock. The consensus estimate for Cboe Global Markets’ current full-year earnings is $8.66 per share. William Blair also issued estimates for Cboe Global Markets’ Q4 2024 earnings at $2.12 EPS, FY2025 earnings at $9.05 EPS and FY2026 earnings at $9.65 EPS.

A number of other research firms have also issued reports on CBOE. StockNews.com lowered Cboe Global Markets from a “hold” rating to a “sell” rating in a report on Friday. Keefe, Bruyette & Woods raised their target price on shares of Cboe Global Markets from $217.00 to $220.00 and gave the company a “market perform” rating in a report on Friday, December 20th. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $174.00 price target (down previously from $203.00) on shares of Cboe Global Markets in a report on Tuesday, January 7th. Barclays lowered shares of Cboe Global Markets from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $230.00 to $220.00 in a report on Monday, December 9th. Finally, Jefferies Financial Group dropped their target price on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a report on Thursday. Three analysts have rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $197.60.

Cboe Global Markets Stock Down 0.9 %

NASDAQ:CBOE opened at $191.23 on Monday. Cboe Global Markets has a 52 week low of $166.13 and a 52 week high of $221.66. The stock has a fifty day simple moving average of $201.78. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The firm has a market capitalization of $20.02 billion, a P/E ratio of 26.05, a price-to-earnings-growth ratio of 1.71 and a beta of 0.68.

Hedge Funds Weigh In On Cboe Global Markets

Several large investors have recently bought and sold shares of CBOE. TD Private Client Wealth LLC lifted its holdings in shares of Cboe Global Markets by 149.0% in the 3rd quarter. TD Private Client Wealth LLC now owns 371 shares of the company’s stock valued at $76,000 after purchasing an additional 222 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Cboe Global Markets in the 3rd quarter valued at $158,000. Coastwise Capital Group LLC acquired a new stake in Cboe Global Markets during the 3rd quarter worth $216,000. Rehmann Capital Advisory Group grew its position in Cboe Global Markets by 5.3% during the 3rd quarter. Rehmann Capital Advisory Group now owns 1,253 shares of the company’s stock worth $257,000 after purchasing an additional 63 shares during the last quarter. Finally, Coldstream Capital Management Inc. increased its stake in Cboe Global Markets by 5.3% in the third quarter. Coldstream Capital Management Inc. now owns 1,318 shares of the company’s stock valued at $269,000 after purchasing an additional 66 shares during the period. Institutional investors and hedge funds own 82.67% of the company’s stock.

Cboe Global Markets Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were paid a dividend of $0.63 per share. The ex-dividend date was Friday, November 29th. This represents a $2.52 annualized dividend and a yield of 1.32%. Cboe Global Markets’s dividend payout ratio is currently 34.33%.

Cboe Global Markets Company Profile

Cboe Global Markets, Inc is one of the largest stock exchange operators by volume in the United States and a leading market globally for ETP trading. Cboe offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, U.S. and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the VIX Index.