Cboe Global Markets Inc (NASDAQ:CBOE) declared a quarterly dividend on Thursday, February 15th, Zacks reports. Stockholders of record on Friday, March 2nd will be paid a dividend of 0.27 per share by the financial services provider on Friday, March 16th. This represents a $1.08 annualized dividend and a dividend yield of 0.99%. The ex-dividend date of this dividend is Thursday, March 1st.
Cboe Global Markets (NASDAQ CBOE) opened at $108.75 on Friday. The stock has a market cap of $12,393.03, a P/E ratio of 30.63, a PEG ratio of 1.35 and a beta of 0.46. Cboe Global Markets has a 52 week low of $77.33 and a 52 week high of $138.54. The company has a quick ratio of 1.57, a current ratio of 1.31 and a debt-to-equity ratio of 0.40.
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 consensus estimate of $0.88 by ($0.01). The firm had revenue of $265.60 million during the quarter, compared to the consensus estimate of $267.25 million. Cboe Global Markets had a return on equity of 12.74% and a net margin of 17.80%. The company’s quarterly revenue was up 85.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.63 EPS. research analysts forecast that Cboe Global Markets will post 4.63 EPS for the current year.
Several research analysts have recently weighed in on the stock. UBS Group reissued a “buy” rating and set a $120.00 price objective (down from $136.00) on shares of Cboe Global Markets in a report on Tuesday, February 13th. JPMorgan Chase & Co. decreased their price objective on shares of Cboe Global Markets from $110.00 to $108.00 and set a “hold” rating for the company in a report on Tuesday, February 13th. Citigroup decreased their price objective on shares of Cboe Global Markets from $125.00 to $120.00 and set a “neutral” rating for the company in a report on Monday, February 12th. Bank of America decreased their price objective on shares of Cboe Global Markets from $139.00 to $123.00 and set a “buy” rating for the company in a report on Monday, February 12th. Finally, Deutsche Bank raised shares of Cboe Global Markets from a “hold” rating to a “buy” rating and boosted their price objective for the company from $120.00 to $127.00 in a report on Tuesday, February 13th. Eight investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $118.64.
In other Cboe Global Markets news, 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 transaction of $631,400.00. Following the completion of the sale, the chairman now directly owns 70,611 shares of the company’s stock, valued at $8,916,757.08. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Christopher Mitchell sold 670 shares of the company’s stock in a transaction that occurred on Wednesday, November 29th. The shares were sold at an average price of $120.89, for a total transaction of $80,996.30. Following the sale, the director now directly owns 8,808 shares of the company’s stock, valued at $1,064,799.12. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 12,989 shares of company stock valued at $1,622,840. 1.86% of the stock is owned by corporate insiders.
WARNING: This piece of content was reported by The Lincolnian Online and is owned by of The Lincolnian Online. If you are viewing this piece of content on another site, it was illegally copied and reposted in violation of US and international copyright & trademark law. The legal version of this piece of content can be read at https://www.thelincolnianonline.com/2018/02/24/cboe-global-markets-inc-cboe-to-go-ex-dividend-on-march-1st.html.
Cboe Global Markets Company Profile
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).
Receive News & Ratings for Cboe Global Markets Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cboe Global Markets and related companies with MarketBeat.com's FREE daily email newsletter.