Interactive Brokers Group (NASDAQ:IBKR) Reaches New 12-Month High - Should You Buy?

Interactive Brokers Group, Inc. (NASDAQ:IBKR - Get Free Report) reached a new 52-week high during trading on Thursday . The company traded as high as $221.09 and last traded at $219.17, with a volume of 2557661 shares trading hands. The stock had previously closed at $211.25.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Keefe, Bruyette & Woods lifted their price target 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, January 13th. UBS Group increased their price objective on shares of Interactive Brokers Group from $225.00 to $265.00 and gave the company a "buy" rating in a research note on Monday, January 27th. The Goldman Sachs Group upped their price objective on Interactive Brokers Group from $171.00 to $195.00 and gave the company a "buy" rating in a research report on Tuesday, December 3rd. Citigroup raised their price target on shares of Interactive Brokers Group from $180.00 to $220.00 and gave the stock a "buy" rating in a research note on Friday, January 10th. Finally, Piper Sandler restated an "overweight" rating and set a $210.00 target price (up previously from $200.00) on shares of Interactive Brokers Group in a research report on Wednesday, January 22nd. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $204.13.

Interactive Brokers Group Stock Up 1.9 %

The business has a 50-day moving average price of $188.49 and a two-hundred day moving average price of $156.44. The company has a market cap of $93.59 billion, a P/E ratio of 31.39, a P/E/G ratio of 1.54 and a beta of 0.89.

Interactive Brokers Group (NASDAQ:IBKR - Get Free Report) last announced its earnings results on Tuesday, January 21st. The financial services provider reported $2.03 earnings per share for the quarter, topping analysts' consensus estimates of $1.81 by $0.22. The firm had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.37 billion. Interactive Brokers Group had a net margin of 9.25% and a return on equity of 5.00%. The company's revenue for the quarter was up 21.8% compared to the same quarter last year. During the same period in the prior year, the business earned $1.52 EPS. As a group, sell-side analysts expect that Interactive Brokers Group, Inc. will post 7.39 EPS for the current fiscal year.

Interactive Brokers Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be given a $0.25 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.45%. Interactive Brokers Group's dividend payout ratio (DPR) is currently 14.16%.

Institutional Investors Weigh In On Interactive Brokers Group

Institutional investors have recently added to or reduced their stakes in the company. Contravisory Investment Management Inc. bought a new position in shares of Interactive Brokers Group in the fourth quarter worth $25,000. SRH Advisors LLC purchased a new position in Interactive Brokers Group in the 4th quarter worth approximately $28,000. Versant Capital Management Inc raised its position in Interactive Brokers Group by 66.4% during the fourth quarter. Versant Capital Management Inc now owns 178 shares of the financial services provider's stock valued at $31,000 after purchasing an additional 71 shares in the last quarter. Blue Trust Inc. raised its holdings in shares of Interactive Brokers Group by 90.7% during the 4th quarter. Blue Trust Inc. now owns 185 shares of the financial services provider's stock valued at $33,000 after buying an additional 88 shares in the last quarter. Finally, Harbor Investment Advisory LLC raised its stake in shares of Interactive Brokers Group by 100.0% during the fourth quarter. Harbor Investment Advisory LLC now owns 200 shares of the financial services provider's stock worth $35,000 after acquiring an additional 100 shares in the last quarter. 23.80% of the stock is owned by institutional investors.

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.