Interactive Brokers Group, Inc. (NASDAQ:IBKR) Receives Average Rating of “Moderate Buy” from Analysts

Interactive Brokers Group, Inc. (NASDAQ:IBKR) has been assigned a consensus rating of “Moderate Buy” from the eight ratings firms that are currently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $173.00.

Several equities analysts have weighed in on the company. Jefferies Financial Group raised their price target on Interactive Brokers Group from $152.00 to $165.00 and gave the company a “buy” rating in a report on Friday, October 4th. Barclays raised their target price on shares of Interactive Brokers Group from $165.00 to $214.00 and gave the company an “overweight” rating in a report on Monday, December 9th. Keefe, Bruyette & Woods upped their price target on shares of Interactive Brokers Group from $152.00 to $190.00 and gave the company a “market perform” rating in a research note on Friday. UBS Group lifted their price objective on shares of Interactive Brokers Group from $155.00 to $170.00 and gave the stock a “buy” rating in a research note on Tuesday, October 8th. Finally, Piper Sandler restated an “overweight” rating and set a $163.00 target price on shares of Interactive Brokers Group in a research report on Wednesday, October 16th.

Interactive Brokers Group Stock Performance

Shares of NASDAQ:IBKR opened at $177.60 on Tuesday. The firm has a market cap of $75.04 billion, a price-to-earnings ratio of 27.11, a P/E/G ratio of 1.42 and a beta of 0.85. The firm has a fifty day moving average price of $172.05 and a 200 day moving average price of $142.27. Interactive Brokers Group has a fifty-two week low of $82.07 and a fifty-two week high of $193.42.

Interactive Brokers Group (NASDAQ:IBKR) last issued its quarterly earnings data on Tuesday, October 15th. The financial services provider reported $1.75 earnings per share for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.03). Interactive Brokers Group had a net margin of 7.89% and a return on equity of 4.83%. The firm had revenue of $2.45 billion for the quarter, compared to analysts’ expectations of $1.32 billion. During the same quarter in the previous year, the business earned $1.55 EPS. As a group, research analysts predict that Interactive Brokers Group will post 6.82 earnings per share for the current year.

Interactive Brokers Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.56%. The ex-dividend date of this dividend was Friday, November 29th. Interactive Brokers Group’s dividend payout ratio (DPR) is currently 15.27%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. Aurora Investment Counsel purchased a new position in Interactive Brokers Group during the 3rd quarter valued at $1,693,000. Versor Investments LP purchased a new stake in shares of Interactive Brokers Group during the third quarter valued at $474,000. Waverton Investment Management Ltd bought a new position in shares of Interactive Brokers Group in the third quarter worth about $26,946,000. DRW Securities LLC purchased a new position in Interactive Brokers Group in the 3rd quarter worth about $2,977,000. Finally, Geode Capital Management LLC lifted its holdings in Interactive Brokers Group by 5.4% during the 3rd quarter. Geode Capital Management LLC now owns 2,065,535 shares of the financial services provider’s stock valued at $287,921,000 after buying an additional 106,392 shares in the last quarter. Hedge funds and other institutional investors own 23.80% of the company’s stock.

Interactive Brokers Group Company Profile

Interactive Brokers Group, Inc operates as an automated electronic broker worldwide. The company engages in the execution, clearance, and settlement of trades in stocks, options, futures, foreign exchange instruments, bonds, mutual funds, exchange traded funds (ETFs), precious metals, and cryptocurrencies.