According to Bloomberg.com, the seven research firms monitoring Interactive Brokers Group, Inc. (NASDAQ: IBKR) have collectively assigned the company a “Moderate Buy” rating as their consensus recommendation. The research firms presently monitoring Interactive Brokers Group, Inc. (NASDAQ: IBKR) have provided the company with an average rating of “Moderate Buy,” which was given to the company as a result of this rating. The company received this rating due to the research firms’ efforts. The stock has received a recommendation to buy from each equity research analyst, except for one who has offered to hold the stock instead. Most brokerage companies that covered the stock in the previous year have set a price target of $92.83 per share for the stock’s price over the next year.
Over the past few years, IBKR has been the subject of research for several different studies. Barclays lowered their target price on Interactive Brokers Group shares from $94.00 to $90.00 and categorized the company as “overweight” in a research note published on Monday, December 19. On October 12, StockNews.com published a research note on the company’s current status, which marked the beginning of the website’s coverage of Interactive Brokers Group. They advised their clients to “hold” the stock moving forward. After a considerable amount of procrastination, Citigroup finally started reporting on Interactive Brokers Group on October 11, after having put off doing so for a while. They suggested that investors “buy” the stock and indicated that they believe it will reach $85.00 per share shortly.
When the market opened for trading on Friday, IBKR shares were priced at $72.35 per share. The stock price of Interactive Brokers Group has ranged from a one-year low of $52.18 to a one-year high of $81.46 over the past year. The enterprise is currently valued at $30.35 billion on the market, which can be attributed to several factors, including its PE ratio of 23.34, its EPS growth rate of 0.82, and its beta value of 0.75. Moving averages for the past 50 days at the company come in at $76.11, and moving averages for the past 200 days come in at $67.13, respectively.
The results of the most recent quarterly earnings report were disclosed by Interactive Brokers Group (NASDAQ: IBKR) on Tuesday, October 18. The company that provides financial services announced earnings of $1.08 per share for the quarter, which is $0.09 higher than the average estimate of $0.99 per share that analysts made in the industry$1.08 per share for the quarter, which is $0.09 higher than the average estimate of $0.99 share were made by analysts in the industry. At Interactive Brokers Group, the net margin and the return on equity were at a rate of 3.40 percent. There was a 9.66 percent increase in the net margin. The company’s quarterly sales were $790.00 million, significantly lower than the market experts’ anticipated amount of $792.70 million for those sales. The company reported earnings per share of $0.78 for the same period in the previous year’s financial statements. In their most recent quarterly report, Interactive Brokers Group revealed that their company’s revenue had increased by 70.3% compared to the previous quarter. Analysts of publicly traded companies forecast that Interactive Brokers Group will produce $3.94 per share earnings during the current fiscal year.
In addition, the business recently announced and proceeded with the distribution of a quarterly dividend, which took place on December 14. On Friday, December 2, $0.10 dividend payments per share were made to shareholders who were record holders as of the previous Thursday, December 1. This dividend had an ex-dividend date of November 30, a Wednesday, and the day after Thanksgiving. When calculated on an annualized basis, this results in a dividend payment of $0.40 per share and a dividend yield of 0.55%. The dividend payout ratio, or DPR, for Interactive Brokers Group is 12.90%. This ratio is also known as the DPR.
In addition, Thomas Peterffy, the company’s chairman, sold 20,000 company stock on Wednesday, October 19. There was 1,510,00 dollars’ worth of shares traded at an average price of $75.50 per share, and the market saw a total transaction volume of 1,510,00 shares. After the deal’s completion, the board’s chairman now has direct control over 2,567,511 shares of the company. These shares have a combined value of $193,847,080.50. If you follow the link, you will be taken to a document submitted to the SEC, which will provide you with additional information regarding the sale. On October 19, the chairman of the company, Thomas Peterffy, sold 20,000 shares of company stock, one of the other pieces of news related to this topic. There was 1,510,00 dollars’ worth of shares traded at an average price of $75.50 per share, and the market saw a total transaction volume of 1,510,00 shares. Because of the transaction, the chairman now owns 2,567,511 shares of company stock, which has increased the total value of his holdings to $193,847,080.50. If you click on this link, you will be taken to a legal filing that was made with the SEC, which will give you more information regarding the transaction and take you there immediately. In addition, company insider Thomas A.J. Frank sold 19,600 shares of the company’s stock on November 22. The price received for each share was an average of $76.79, and the total amount received from the sale of the shares was $1,505,084.00. Following the successful transaction, the insider now directly owns 53,247 company shares, which have an approximate value of $4,088,837.13. Disclosures that are related to the sale might be found in this section of the website. Insiders of the company have sold a total of 291 900 shares of company stock over the past three months, resulting in a revenue of $22,778,003 for the company. Company insiders hold a total of 5.72% of the company’s stock.
Recent changes in the amount of IBKR held by institutional investors have resulted in both gains and losses. Mercer Global Advisors Inc. (ADV), during the first three months of the year, made an investment in Interactive Brokers Group totaling 202 thousand dollars. JPMorgan Chase & Co. increased the proportion of Interactive Brokers Group stock o
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