Zacks: Analysts Expect Cboe Global Markets Inc (CBOE:CBOE) to Announce $1.07 EPS

Share on StockTwits

Brokerages expect Cboe Global Markets Inc (CBOE:CBOE) to report earnings per share (EPS) of $1.07 for the current fiscal quarter, Zacks reports. Four analysts have provided estimates for Cboe Global Markets’ earnings, with the lowest EPS estimate coming in at $1.03 and the highest estimate coming in at $1.12. Cboe Global Markets reported earnings of $1.05 per share in the same quarter last year, which would indicate a positive year over year growth rate of 1.9%. The company is expected to issue its next quarterly earnings report before the market opens on Friday, August 2nd.

According to Zacks, analysts expect that Cboe Global Markets will report full year earnings of $4.45 per share for the current fiscal year, with EPS estimates ranging from $4.33 to $4.62. For the next year, analysts forecast that the business will report earnings of $5.12 per share, with EPS estimates ranging from $5.00 to $5.24. Zacks’ EPS averages are an average based on a survey of sell-side analysts that follow Cboe Global Markets.

Cboe Global Markets (CBOE:CBOE) last released its quarterly earnings data on Friday, May 3rd. The financial services provider reported $1.11 earnings per share for the quarter, topping the consensus estimate of $0.99 by $0.12. The business had revenue of $280.50 million for the quarter, compared to analyst estimates of $279.49 million.

Several brokerages have commented on CBOE. UBS Group dropped their price target on shares of Cboe Global Markets from $105.00 to $103.00 and set a “neutral” rating on the stock in a research note on Monday, May 6th. Raymond James lowered shares of Cboe Global Markets from an “outperform” rating to a “market perform” rating in a research note on Tuesday. Rosenblatt Securities lowered shares of Cboe Global Markets from a “buy” rating to a “neutral” rating in a research note on Thursday, April 18th. Bank of America raised their price target on shares of Cboe Global Markets from $105.00 to $110.00 and gave the company a “buy” rating in a research note on Thursday, May 16th. Finally, Argus assumed coverage on shares of Cboe Global Markets in a research note on Friday, February 22nd. They issued a “hold” rating on the stock. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have given a buy rating to the company. Cboe Global Markets currently has a consensus rating of “Hold” and a consensus target price of $110.83.

Shares of CBOE:CBOE opened at $107.26 on Tuesday. Cboe Global Markets has a 52 week low of $87.87 and a 52 week high of $115.11.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 14th. Investors of record on Friday, May 31st will be paid a dividend of $0.31 per share. The ex-dividend date of this dividend is Thursday, May 30th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.16%.

In related news, EVP Bryan Harkins sold 4,300 shares of the firm’s stock in a transaction that occurred on Wednesday, May 22nd. The shares were sold at an average price of $106.71, for a total transaction of $458,853.00. Following the completion of the sale, the executive vice president now directly owns 43,661 shares in the company, valued at $4,659,065.31. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Brian N. Schell sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, May 31st. The stock was sold at an average price of $108.47, for a total transaction of $1,084,700.00. Following the sale, the chief financial officer now owns 36,069 shares of the company’s stock, valued at $3,912,404.43. The disclosure for this sale can be found here. Insiders have sold 25,134 shares of company stock worth $2,679,406 in the last quarter. Company insiders own 0.89% of the company’s stock.

About Cboe Global Markets

Cboe Global Markets, Inc engages in the provision of trading and investment solutions to investors. It operates through the following business segments: Options, U.S. Equities, Futures, European Equities, and Global FX. The Options segment includes options exchange business, which lists for trading options on market indexes (index options), as well as on non-exclusive multiply-listed options.

Recommended Story: What is the 52-week high/low?

Get a free copy of the Zacks research report on Cboe Global Markets (CBOE)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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.



Latest News

Alliance Data Systems Co.  Receives Average Rating of “Hold” from Brokerages
Alliance Data Systems Co. Receives Average Rating of “Hold” from Brokerages
Host Hotels and Resorts Inc  Receives Consensus Recommendation of “Buy” from Analysts
Host Hotels and Resorts Inc Receives Consensus Recommendation of “Buy” from Analysts
Weir Group PLC  Given Consensus Rating of “Buy” by Analysts
Weir Group PLC Given Consensus Rating of “Buy” by Analysts
ViaSat, Inc.  Receives $96.99 Average Target Price from Analysts
ViaSat, Inc. Receives $96.99 Average Target Price from Analysts
Carrefour SA  Given Consensus Rating of “Hold” by Brokerages
Carrefour SA Given Consensus Rating of “Hold” by Brokerages
RTL Group S.A.  Receives €53.23 Consensus Target Price from Analysts
RTL Group S.A. Receives €53.23 Consensus Target Price from Analysts


© 2006-2019 Ticker Report