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

Cboe Global Markets, Inc. (NASDAQ:CBOE - Get Free Report) declared a quarterly dividend on Wednesday, February 12th,RTT News reports. Stockholders of record on Friday, February 28th will be given 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 1.25%. The ex-dividend date is Friday, February 28th.

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

Cboe Global Markets Stock Performance

NASDAQ:CBOE traded down $5.90 during midday trading on Friday, reaching $202.33. 691,258 shares of the stock traded hands, compared to its average volume of 735,564. Cboe Global Markets has a 12-month low of $166.13 and a 12-month high of $221.66. The firm has a 50-day moving average price of $199.36. 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 company has a market cap of $21.18 billion, a PE ratio of 27.57, a PEG ratio of 2.14 and a beta of 0.68.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last posted its earnings results on Friday, February 7th. The company reported $2.10 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 previous year, the firm posted $2.06 EPS. Research analysts anticipate that Cboe Global Markets will post 8.64 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on CBOE shares. Oppenheimer decreased 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 report on Monday, January 13th. Keefe, Bruyette & Woods decreased their price target on shares of Cboe Global Markets from $220.00 to $215.00 and set a "market perform" rating for the company in a report on Monday, January 13th. Jefferies Financial Group decreased their price target on shares of Cboe Global Markets from $212.00 to $190.00 and set a "hold" rating for the company in a report on Thursday, January 9th. StockNews.com raised shares of Cboe Global Markets from a "sell" rating to a "hold" rating in a report on Tuesday. Finally, Bank of America raised their price target on shares of Cboe Global Markets from $245.00 to $251.00 and gave the stock a "buy" rating in a report on Monday, February 10th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, Cboe Global Markets currently has an average rating of "Hold" and a consensus target price of $206.86.

Insider Buying and Selling

In related news, EVP Dave Howson sold 11,036 shares of the firm's stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $206.01, for a total transaction of $2,273,526.36. Following the completion of the transaction, the executive vice president now owns 8,025 shares of the company's stock, valued at $1,653,230.25. This trade represents a 57.90 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.22% of the stock is currently owned by corporate insiders.

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.