What is Zacks Research's Estimate for CBOE FY2027 Earnings?

Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) - Research analysts at Zacks Research increased their FY2027 earnings per share (EPS) estimates for Cboe Global Markets in a note issued to investors on Tuesday, March 11th. Zacks Research analyst T. De now anticipates that the company will post earnings of $10.30 per share for the year, up from their previous forecast of $10.26. The consensus estimate for Cboe Global Markets' current full-year earnings is $8.96 per share.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last posted its quarterly earnings results on Friday, February 7th. The company reported $2.10 earnings per share for the quarter, missing the consensus estimate of $2.14 by ($0.04). Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%. During the same period in the previous year, the firm posted $2.06 earnings per share.

A number of other analysts have also recently commented on CBOE. William Blair started coverage on Cboe Global Markets in a research report on Thursday, January 9th. They set a "market perform" rating for the company. Bank of America upped their price objective on Cboe Global Markets from $245.00 to $251.00 and gave the company a "buy" rating in a research report on Monday, February 10th. Oppenheimer reduced their price objective on 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. Jefferies Financial Group reduced their price objective on Cboe Global Markets from $212.00 to $190.00 and set a "hold" rating for the company in a research report on Thursday, January 9th. Finally, Barclays upped their price objective on Cboe Global Markets from $212.00 to $216.00 and gave the company an "equal weight" rating in a research report on Monday, February 10th. Two equities research 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. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $206.86.

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Cboe Global Markets Stock Performance

Shares of CBOE stock traded up $1.94 during mid-day trading on Thursday, hitting $215.89. The company's stock had a trading volume of 741,885 shares, compared to its average volume of 802,268. Cboe Global Markets has a 52-week low of $166.13 and a 52-week high of $221.66. The company has a 50-day moving average of $205.31. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. The firm has a market capitalization of $22.60 billion, a PE ratio of 29.90, a price-to-earnings-growth ratio of 1.75 and a beta of 0.67.

Cboe Global Markets Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.17%. The ex-dividend date of this dividend was Friday, February 28th. Cboe Global Markets's dividend payout ratio (DPR) is 34.90%.

Insider Transactions at Cboe Global Markets

In other news, EVP Adam Inzirillo sold 200 shares of the company's stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $209.67, for a total value of $41,934.00. Following the completion of the transaction, the executive vice president now owns 1,993 shares of the company's stock, valued at $417,872.31. This represents a 9.12 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Dave Howson sold 11,036 shares of the company's stock in a transaction dated Wednesday, February 12th. The stock was 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 approximately $1,653,230.25. This trade represents a 57.90 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 11,544 shares of company stock valued at $2,380,529 over the last 90 days. Company insiders own 0.22% of the company's stock.

Hedge Funds Weigh In On Cboe Global Markets

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

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.