Interactive Brokers Group (IBKR) to Release Quarterly Earnings on Tuesday

Interactive Brokers Group (NASDAQ:IBKR - Get Free Report) is expected to be releasing its earnings data after the market closes on Tuesday, January 21st. Analysts expect Interactive Brokers Group to post earnings of $1.81 per share and revenue of $1,372,590.34 billion for the quarter.

Interactive Brokers Group (NASDAQ:IBKR - Get Free Report) last announced its quarterly earnings data on Tuesday, October 15th. The financial services provider reported $1.75 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.78 by ($0.03). The company had revenue of $2.45 billion for the quarter, compared to the consensus estimate of $1.32 billion. Interactive Brokers Group had a net margin of 7.89% and a return on equity of 4.83%. During the same quarter last year, the firm posted $1.55 earnings per share. On average, analysts expect Interactive Brokers Group to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Interactive Brokers Group Trading Up 1.8 %

NASDAQ IBKR traded up $3.21 on Wednesday, reaching $185.85. 1,206,027 shares of the stock were exchanged, compared to its average volume of 1,208,413. Interactive Brokers Group has a one year low of $83.86 and a one year high of $193.42. The firm has a market capitalization of $78.53 billion, a PE ratio of 28.37, a PEG ratio of 1.41 and a beta of 0.87. The company's 50-day simple moving average is $182.48 and its two-hundred day simple moving average is $149.21.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Keefe, Bruyette & Woods raised their price objective on shares of Interactive Brokers Group from $190.00 to $195.00 and gave the company a "market perform" rating in a research report on Monday. Piper Sandler raised their price target on Interactive Brokers Group from $163.00 to $200.00 and gave the company an "overweight" rating in a report on Tuesday, January 7th. Jefferies Financial Group boosted their price objective on Interactive Brokers Group from $152.00 to $165.00 and gave the company a "buy" rating in a research report on Friday, October 4th. The Goldman Sachs Group increased their target price on Interactive Brokers Group from $171.00 to $195.00 and gave the stock a "buy" rating in a research report on Tuesday, December 3rd. Finally, Citigroup boosted their price target on Interactive Brokers Group from $180.00 to $220.00 and gave the stock a "buy" rating in a report on Friday, January 10th. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, Interactive Brokers Group has an average rating of "Moderate Buy" and an average price target of $190.13.

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.

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