Equities Analysts Offer Predictions for CBOE FY2027 Earnings

Cboe Global Markets, Inc. (NASDAQ:CBOE) – Stock analysts at Zacks Research lifted their FY2027 earnings per share (EPS) estimates for Cboe Global Markets in a report issued on Tuesday, March 11th. Zacks Research analyst T. De now forecasts that the company will post earnings of $10.30 per share for the year, up from their prior estimate of $10.26. The consensus estimate for Cboe Global Markets’ current full-year earnings is $8.96 per share.

Cboe Global Markets (NASDAQ:CBOE) last issued its 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 18.64% and a return on equity of 22.02%. During the same quarter last year, the business posted $2.06 EPS.

Other equities research analysts have also issued reports about the stock. Keefe, Bruyette & Woods cut their target price on shares of Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating on the stock in a report on Monday, January 13th. William Blair initiated coverage on shares of Cboe Global Markets in a research note on Thursday, January 9th. They issued a “market perform” rating for the company. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $174.00 price objective (down from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. Barclays upped their price objective on shares of Cboe Global Markets from $212.00 to $216.00 and gave the company an “equal weight” rating in a research note on Monday, February 10th. Finally, StockNews.com raised shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a research note on Tuesday, March 4th. Two analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $206.86.

Cboe Global Markets Trading Down 1.3 %

Shares of Cboe Global Markets stock opened at $208.50 on Thursday. 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 1.78 and a quick ratio of 1.39. The business’s 50-day moving average price is $203.82. The company has a market capitalization of $21.83 billion, a PE ratio of 28.88, a price-to-earnings-growth ratio of 1.75 and a beta of 0.67.

Cboe Global Markets Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be paid a dividend of $0.63 per share. The ex-dividend date is Friday, February 28th. This represents a $2.52 annualized dividend and a yield of 1.21%. Cboe Global Markets’s dividend payout ratio is presently 34.90%.

Insider Transactions at Cboe Global Markets

In other news, CAO Allen Wilkinson sold 228 shares of the company’s stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $211.12, for a total transaction of $48,135.36. Following the completion of the sale, the chief accounting officer now owns 248 shares in the company, valued at $52,357.76. This represents a 47.90 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Dave Howson sold 11,036 shares of the firm’s stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $206.01, for a total value of $2,273,526.36. Following the completion of the transaction, the executive vice president now directly owns 8,025 shares of the company’s stock, valued at $1,653,230.25. The trade was a 57.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 11,544 shares of company stock worth $2,380,529. 0.22% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. increased its stake in shares of Cboe Global Markets by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 12,628,964 shares of the company’s stock valued at $2,467,700,000 after acquiring an additional 56,233 shares during the last quarter. Alliancebernstein L.P. grew its holdings in shares of Cboe Global Markets by 208.4% during the 4th quarter. Alliancebernstein L.P. now owns 7,685,489 shares of the company’s stock worth $1,501,745,000 after purchasing an additional 5,193,339 shares during the period. T. Rowe Price Investment Management Inc. grew its holdings in shares of Cboe Global Markets by 3.3% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 4,015,179 shares of the company’s stock worth $784,566,000 after purchasing an additional 126,721 shares during the period. Geode Capital Management LLC grew its holdings in shares of Cboe Global Markets by 1.6% during the 4th quarter. Geode Capital Management LLC now owns 2,740,937 shares of the company’s stock worth $535,994,000 after purchasing an additional 44,291 shares during the period. Finally, FMR LLC grew its holdings in shares of Cboe Global Markets by 2.5% during the 4th quarter. FMR LLC now owns 1,571,980 shares of the company’s stock worth $307,165,000 after purchasing an additional 38,587 shares during the period. Institutional investors and hedge funds own 82.67% of the company’s stock.

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.