Interactive Brokers Group, Inc. (NASDAQ:IBKR) Given Average Recommendation of "Moderate Buy" by Brokerages

Shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the eight research firms that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $188.25.

IBKR has been the subject of several research analyst reports. Piper Sandler boosted their price objective on shares of Interactive Brokers Group from $163.00 to $200.00 and gave the stock an "overweight" rating in a research report on Tuesday. Citigroup lifted their target price on Interactive Brokers Group from $180.00 to $220.00 and gave the company a "buy" rating in a research note on Friday. Keefe, Bruyette & Woods upped their price target on Interactive Brokers Group from $152.00 to $190.00 and gave the company a "market perform" rating in a research note on Friday, December 20th. Jefferies Financial Group raised their price target on Interactive Brokers Group from $152.00 to $165.00 and gave the company a "buy" rating in a report on Friday, October 4th. Finally, UBS Group boosted their price objective on Interactive Brokers Group from $155.00 to $170.00 and gave the stock a "buy" rating in a report on Tuesday, October 8th.

Hedge Funds Weigh In On Interactive Brokers Group

Institutional investors have recently modified their holdings of the stock. Versant Capital Management Inc boosted its stake in Interactive Brokers Group by 66.4% during the 4th quarter. Versant Capital Management Inc now owns 178 shares of the financial services provider's stock worth $31,000 after acquiring an additional 71 shares during the last quarter. Fairfield Financial Advisors LTD acquired a new stake in Interactive Brokers Group in the second quarter worth $32,000. UMB Bank n.a. boosted its position in shares of Interactive Brokers Group by 350.0% during the third quarter. UMB Bank n.a. now owns 288 shares of the financial services provider's stock worth $40,000 after purchasing an additional 224 shares in the last quarter. Smithfield Trust Co grew its holdings in shares of Interactive Brokers Group by 80.6% in the 3rd quarter. Smithfield Trust Co now owns 345 shares of the financial services provider's stock valued at $48,000 after buying an additional 154 shares during the period. Finally, Darwin Wealth Management LLC bought a new stake in shares of Interactive Brokers Group in the 3rd quarter valued at $49,000. 23.80% of the stock is currently owned by institutional investors and hedge funds.

Interactive Brokers Group Price Performance

Shares of IBKR stock traded down $5.68 during trading hours on Friday, hitting $185.21. 1,322,455 shares of the company's stock were exchanged, compared to its average volume of 1,240,376. The stock's 50-day moving average is $181.34 and its 200-day moving average is $148.18. Interactive Brokers Group has a 52 week low of $83.86 and a 52 week high of $193.42. The stock has a market cap of $78.26 billion, a price-to-earnings ratio of 28.28, a price-to-earnings-growth ratio of 1.41 and a beta of 0.87.

Interactive Brokers Group (NASDAQ:IBKR - Get Free Report) last issued its quarterly earnings data on Tuesday, October 15th. The financial services provider reported $1.75 EPS for the quarter, missing analysts' consensus estimates of $1.78 by ($0.03). Interactive Brokers Group had a return on equity of 4.83% and a net margin of 7.89%. The company had revenue of $2.45 billion for the quarter, compared to the consensus estimate of $1.32 billion. During the same period in the prior year, the company earned $1.55 EPS. Equities research analysts forecast that Interactive Brokers Group will post 6.82 earnings per share for the current fiscal year.

Interactive Brokers Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.54%. The ex-dividend date was Friday, November 29th. Interactive Brokers Group's payout ratio is 15.27%.

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.