What is William Blair’s Forecast for CBOE FY2024 Earnings?

Cboe Global Markets, Inc. (NASDAQ:CBOE) – Stock analysts at William Blair issued their FY2024 earnings per share (EPS) estimates for Cboe Global Markets in a research report issued on Thursday, January 9th. William Blair analyst J. Schmitt anticipates that the company will post earnings per share of $8.63 for the year. William Blair has a “Market Perform” rating on the stock. The consensus estimate for Cboe Global Markets’ current full-year earnings is $8.66 per share. William Blair also issued estimates for Cboe Global Markets’ Q4 2024 earnings at $2.12 EPS, FY2025 earnings at $9.05 EPS and FY2026 earnings at $9.65 EPS.

CBOE has been the subject of several other research reports. StockNews.com downgraded Cboe Global Markets from a “hold” rating to a “sell” rating in a research note on Friday, January 10th. The Goldman Sachs Group downgraded Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price target for the company. in a research note on Monday, January 6th. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $174.00 price target (down previously from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. Keefe, Bruyette & Woods cut their price target on Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating for the company in a research note on Monday. Finally, Oppenheimer cut their target price on shares of Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating for the company in a research note on Monday. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $198.83.

Cboe Global Markets Stock Up 0.3 %

NASDAQ:CBOE opened at $193.37 on Monday. The firm has a market cap of $20.24 billion, a P/E ratio of 26.34, a PEG ratio of 1.71 and a beta of 0.68. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.34. Cboe Global Markets has a 52-week low of $166.13 and a 52-week high of $221.66. The stock’s fifty day moving average price is $201.57.

Institutional Trading of Cboe Global Markets

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CBOE. Barclays PLC grew its holdings in Cboe Global Markets by 27.9% in the 3rd quarter. Barclays PLC now owns 535,284 shares of the company’s stock valued at $109,662,000 after buying an additional 116,852 shares during the period. Nordea Investment Management AB grew its holdings in Cboe Global Markets by 16.7% in the 4th quarter. Nordea Investment Management AB now owns 646,670 shares of the company’s stock valued at $126,262,000 after buying an additional 92,537 shares during the period. Harmony Asset Management LLC purchased a new stake in Cboe Global Markets in the 3rd quarter valued at about $15,175,000. World Investment Advisors LLC purchased a new stake in shares of Cboe Global Markets during the 3rd quarter worth about $14,430,000. Finally, Erste Asset Management GmbH acquired a new stake in Cboe Global Markets during the 3rd quarter worth approximately $11,191,000. Hedge funds and other institutional investors own 82.67% of the company’s stock.

Cboe Global Markets Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were issued a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 1.30%. The ex-dividend date was Friday, November 29th. Cboe Global Markets’s dividend payout ratio (DPR) is 34.33%.

About Cboe Global Markets

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.