Interactive Brokers Group (NASDAQ:IBKR) Given New $88.00 Price Target at Piper Sandler

Interactive Brokers Group (NASDAQ:IBKR) had its price target upped by Piper Sandler from $80.00 to $88.00 in a research note published on Wednesday,Benzinga reports. They currently have an overweight rating on the financial services provider’s stock.

A number of other research firms have also recently commented on IBKR. Barclays boosted their target price on shares of Interactive Brokers Group from $83.00 to $85.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 8th. Keefe, Bruyette & Woods began coverage on shares of Interactive Brokers Group in a research report on Wednesday, April 8th. They set a “market perform” rating and a $75.00 target price on the stock. Jefferies Financial Group reduced their target price on shares of Interactive Brokers Group from $91.00 to $81.00 and set a “buy” rating on the stock in a research report on Monday, April 6th. BMO Capital Markets boosted their target price on shares of Interactive Brokers Group from $80.00 to $82.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 21st. Finally, Zacks Research cut shares of Interactive Brokers Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 24th. Seven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $83.25.

Interactive Brokers Group Stock Down 1.9%

IBKR opened at $78.11 on Wednesday. Interactive Brokers Group has a 52-week low of $40.19 and a 52-week high of $82.88. The company has a 50 day moving average of $71.07 and a two-hundred day moving average of $69.63. The company has a market cap of $132.50 billion, a P/E ratio of 33.67, a P/E/G ratio of 2.20 and a beta of 1.25.

Interactive Brokers Group (NASDAQ:IBKR) last released its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.03. Interactive Brokers Group had a net margin of 9.65% and a return on equity of 5.31%. The company had revenue of $1.68 billion during the quarter, compared to the consensus estimate of $1.69 billion. During the same period in the previous year, the firm earned $1.94 earnings per share. Interactive Brokers Group’s revenue for the quarter was up 17.0% on a year-over-year basis. Research analysts anticipate that Interactive Brokers Group will post 2.45 earnings per share for the current year.

Interactive Brokers Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Monday, June 1st will be issued a $0.0875 dividend. This is a boost from Interactive Brokers Group’s previous quarterly dividend of $0.08. This represents a $0.35 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Monday, June 1st. Interactive Brokers Group’s dividend payout ratio is currently 14.48%.

Insider Transactions at Interactive Brokers Group

In related news, Vice Chairman Earl H. Nemser sold 60,200 shares of the company’s stock in a transaction on Tuesday, January 27th. The shares were sold at an average price of $75.30, for a total value of $4,533,060.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders have sold 300,000 shares of company stock valued at $23,044,122 over the last 90 days. Corporate insiders own 2.80% of the company’s stock.

Institutional Trading of Interactive Brokers Group

Several institutional investors have recently added to or reduced their stakes in IBKR. Reflection Asset Management acquired a new stake in Interactive Brokers Group in the fourth quarter valued at $26,000. Murphy & Mullick Capital Management Corp acquired a new stake in Interactive Brokers Group in the third quarter valued at $27,000. IMA Advisory Services Inc. raised its holdings in Interactive Brokers Group by 64.3% in the fourth quarter. IMA Advisory Services Inc. now owns 455 shares of the financial services provider’s stock valued at $29,000 after acquiring an additional 178 shares in the last quarter. Tobam acquired a new stake in Interactive Brokers Group in the fourth quarter valued at $30,000. Finally, Entrust Financial LLC acquired a new stake in Interactive Brokers Group in the fourth quarter valued at $31,000. 23.80% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Interactive Brokers Group

Here are the key news stories impacting Interactive Brokers Group this week:

• Positive Sentiment: Multiple brokerages raised price targets and maintained bullish ratings, signaling analyst conviction and potential upside (Goldman Sachs to $98, BMO to $93, Barclays to $93, Piper Sandler to $88). These upgrades support upside expectations for the shares. Benzinga
• Positive Sentiment: Dividend was increased to $0.0875/share (annualized yield ~0.4%), a ~9.4% hike from the prior quarter — a shareholder-friendly action that can support the stock. (Company announcement)
• Positive Sentiment: Retail and institutional account growth surged ~32% YoY in Q1, and DARTs/accounts strength indicates durable client acquisition and engagement, which supports longer-term revenue potential. MarketWatch
• Positive Sentiment: An institutional buyer (Asset Management One) increased its stake, a modest vote of confidence from a money manager. DefenseWorld
• Neutral Sentiment: Earnings call transcript and analyst previews provide more detail on trends (expenses, client metrics, product evolution) that investors will parse for forward cues. Seeking Alpha
• Negative Sentiment: Q1 results were mixed: revenue slightly missed the Street (~$1.68B vs. ~$1.69B expected) and rising expenses weighed on margins — this headline miss drove initial selling. Benzinga
• Negative Sentiment: Some outlets flagged that EPS/earnings dynamics disappointed on an adjusted basis (Zacks/other reports note higher expenses and Q1 EPS nuances), reinforcing near-term profit-growth concerns. Zacks

Interactive Brokers Group Company Profile

Interactive Brokers Group, Inc (NASDAQ: IBKR) is a global electronic brokerage holding company that provides trading, clearing and custody services to retail traders, institutional investors, proprietary trading groups and financial advisors. The firm offers direct access to a wide range of asset classes, including equities, options, futures, foreign exchange, bonds and exchange-traded funds across many international markets. Interactive Brokers emphasizes electronic order execution, automated trading and low transaction costs as core differentiators for its clients.

Its product suite centers on advanced trading platforms and infrastructure.