What is Zacks Research’s Forecast for CBOE FY2027 Earnings?

Cboe Global Markets, Inc. (NASDAQ:CBOE) – Analysts at Zacks Research lifted their FY2027 earnings per share estimates for Cboe Global Markets in a report issued on Tuesday, March 11th. Zacks Research analyst T. De now forecasts that the company will earn $10.30 per share for the year, up from their previous forecast of $10.26. The consensus estimate for Cboe Global Markets’ current full-year earnings is $8.96 per share.

Cboe Global Markets (NASDAQ:CBOE) last issued its quarterly earnings results on Friday, February 7th. The company reported $2.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.14 by ($0.04). Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. During the same period last year, the business posted $2.06 EPS.

Several other equities analysts have also issued reports on CBOE. Keefe, Bruyette & Woods cut their price target on Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating on the stock in a research note on Monday, January 13th. Barclays upped their price target on Cboe Global Markets from $212.00 to $216.00 and gave the company an “equal weight” rating in a research note on Monday, February 10th. Jefferies Financial Group cut their target price on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a research note on Thursday, January 9th. Oppenheimer cut their target price on Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating on the stock in a research note on Monday, January 13th. Finally, JPMorgan Chase & Co. reissued an “underweight” rating and issued a $174.00 target price (down previously from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $206.86.

Cboe Global Markets Stock Up 3.2 %

Shares of CBOE opened at $215.13 on Thursday. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. Cboe Global Markets has a 12-month low of $166.13 and a 12-month high of $221.66. The firm has a market capitalization of $22.52 billion, a price-to-earnings ratio of 29.80, a PEG ratio of 1.75 and a beta of 0.67. The firm’s fifty day moving average price is $204.08.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Greenline Partners LLC bought a new position in shares of Cboe Global Markets during the fourth quarter worth about $29,000. Lee Danner & Bass Inc. bought a new position in shares of Cboe Global Markets during the fourth quarter worth about $29,000. Kestra Investment Management LLC bought a new position in shares of Cboe Global Markets during the fourth quarter worth about $31,000. Sugar Maple Asset Management LLC bought a new position in shares of Cboe Global Markets during the fourth quarter worth about $36,000. Finally, Generali Asset Management SPA SGR bought a new position in shares of Cboe Global Markets during the fourth quarter worth about $37,000. 82.67% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Cboe Global Markets news, EVP Adam Inzirillo sold 200 shares of the stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $209.67, for a total value of $41,934.00. Following the completion of the sale, the executive vice president now directly owns 1,993 shares in the company, valued at $417,872.31. This represents a 9.12 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Allen Wilkinson sold 228 shares of the stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $211.12, for a total value of $48,135.36. Following the completion of the sale, the chief accounting officer now owns 248 shares of the company’s stock, valued at $52,357.76. This trade represents a 47.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 11,544 shares of company stock worth $2,380,529 over the last ninety days. 0.22% of the stock is currently owned by corporate insiders.

Cboe Global Markets Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be issued a $0.63 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $2.52 annualized dividend and a dividend yield of 1.17%. Cboe Global Markets’s dividend payout ratio (DPR) is currently 34.90%.

About Cboe Global Markets

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.