Cboe Global Markets, Inc. (NASDAQ:CBOE) Plans $0.63 Quarterly Dividend

Cboe Global Markets, Inc. (NASDAQ:CBOE) announced a quarterly dividend on Tuesday, February 11th,RTT News reports. Stockholders of record on Friday, February 28th will be paid a dividend of 0.63 per share on Friday, March 14th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.19%.

Cboe Global Markets has increased its dividend by an average of 9.5% annually over the last three years.

Cboe Global Markets Price Performance

NASDAQ:CBOE traded up $3.21 during midday trading on Wednesday, reaching $211.21. The stock had a trading volume of 111,397 shares, compared to its average volume of 748,554. The firm has a market capitalization of $22.11 billion, a PE ratio of 28.78, a P/E/G ratio of 2.14 and a beta of 0.68. Cboe Global Markets has a 1-year low of $166.13 and a 1-year high of $221.66. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.39 and a quick ratio of 1.39. The business has a fifty day moving average price of $199.40.

Cboe Global Markets (NASDAQ:CBOE) last released its quarterly earnings results on Friday, February 7th. The company reported $2.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.14 by ($0.04). Cboe Global Markets had a net margin of 19.65% and a return on equity of 22.33%. During the same quarter in the prior year, the firm earned $2.06 EPS. On average, equities research analysts anticipate that Cboe Global Markets will post 8.64 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on CBOE. Oppenheimer lowered their target price on Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating on the stock in a report on Monday, January 13th. The Goldman Sachs Group downgraded shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price objective on the stock. in a research note on Monday, January 6th. William Blair began coverage on shares of Cboe Global Markets in a research note on Thursday, January 9th. They set a “market perform” rating for the company. Keefe, Bruyette & Woods decreased their target price on Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating on the stock in a research report on Monday, January 13th. Finally, StockNews.com raised Cboe Global Markets from a “sell” rating to a “hold” rating in a report on Tuesday. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $206.86.

Cboe Global Markets Company Profile

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.