Cboe Global Markets (CBOE) Stock Price, News & Analysis

Company Overview

Cboe Global Markets, Inc., through its subsidiaries, operates as an options exchange worldwide. It operates through six segments: Options, North American Equities, Europe and Asia Pacific, Futures, Global FX, and Digital. The Options segment trades in listed market indices. The North American Equities segment trades in listed U.S. and Canadian equities. This segment also offers exchange-traded products (ETP) transaction and listing services. The Europe and Asia Pacific segment provides pan-European listed equities and derivatives transaction services, ETPs, exchange-traded commodities, and international depository receipts, as well as ETP listings and clearing services. The Futures segment trades in futures. The Global FX segment provides institutional foreign exchange (FX) trading and non-deliverable forward FX transactions services. The Digital segment offers Cboe Digital, an operator of the United States based digital asset spot market and a regulated futures exchange; Cboe Clear Digital, a regulated clearinghouse; licensing of proprietary market data; and access and capacity services. The company has strategic relationships with S&P Dow Jones Indices, LLC; IHS Markit Ltd.; DJI Opco, LLC; Frank Russell Company; FTSE International Limited; and MSCI Inc. The company was formerly known as CBOE Holdings, Inc. and changed its name to Cboe Global Markets, Inc. in October 2017. Cboe Global Markets, Inc. was founded in 1973 and is headquartered in Chicago, Illinois.

Key Stats

• Today's Range: $196.72 to $199.55
• 50-Day Range: $200.24 to $215.19
• 52-Week Range: $103.82 to $139.00
• Volume: 1.89 million shs
• Average Volume: 636,231 shs
• Market Capitalization: $20.92 billion
• P/E Ratio: 101.69
• Dividend Yield: 0.97%
• Price Target: $208.58
• Consensus Rating: Hold

Cboe Global Markets Stock Analysis - MarketRank™

Cboe Global Markets scored higher than 67% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

Cboe Global Markets has received a consensus rating of Hold. The company's average rating score is 2.31, and is based on 5 buy ratings, 7 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Cboe Global Markets has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 3.43%

Earnings Growth

Earnings for Cboe Global Markets are expected to grow by 3.43% in the coming year, from $6.41 to $6.63 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Cboe Global Markets is 101.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.20.

Price to Earnings Ratio vs. Sector

The P/E ratio of Cboe Global Markets is 101.69, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 424.12.

Price to Book Value per Share Ratio

Cboe Global Markets has a P/B Ratio of 5.84. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for CBOE.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

Cboe Global Markets pays a meaningful dividend of 1.60%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Cboe Global Markets has been increasing its dividend for 15 years.

Dividend Coverage

The dividend payout ratio of Cboe Global Markets is 98.97%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Cboe Global Markets will have a dividend payout ratio of 28.96% next year. This indicates that Cboe Global Markets will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for CBOE.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.34

News Sentiment

Cboe Global Markets has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Financial Services companies.

News Coverage This Week

MarketBeat has tracked 23 news articles for Cboe Global Markets this week, compared to 6 articles on an average week.

Search Interest

Only 7 people have searched for CBOE on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.

MarketBeat Follows

33 people have added Cboe Global Markets to their MarketBeat watchlist in the last 30 days. This is an increase of 725% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Cboe Global Markets insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,591,160.00 in company stock.

Percentage Held by Insiders

Only 0.51% of the stock of Cboe Global Markets is held by insiders.

Percentage Held by Institutions

81.73% of the stock of Cboe Global Markets is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CBOE Stock Analysis - Frequently Asked Questions

How have CBOE shares performed this year?

Cboe Global Markets' stock was trading at $178.56 on January 1st, 2024. Since then, CBOE shares have increased by 10.5% and is now trading at $197.28.
View the best growth stocks for 2024 here.

How were Cboe Global Markets' earnings last quarter?

Cboe Global Markets, Inc. (BATS:CBOE) announced its quarterly earnings data on Friday, November, 1st. The company reported $2.22 earnings per share for the quarter, beating analysts' consensus estimates of $2.19 by $0.03. The company's quarterly revenue was up 10.7% compared to the same quarter last year.

Is Cboe Global Markets buying back stock?

Cboe Global Markets' Board of Directors approved a stock buyback plan on Friday, August 16th 2024, which permits the company to buy back $500,000,000 in shares, according to EventVestor. This means that the company could reacquire up to 2.3% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's management believes its shares are undervalued.

Who are Cboe Global Markets' major shareholders?

Cboe Global Markets' top institutional investors include Tandem Investment Advisors Inc. (0.76%), Los Angeles Capital Management LLC (0.63%), Robeco Institutional Asset Management B.V. (0.60%) and Parnassus Investments LLC (0.53%). Insiders that own company stock include Edward T Tilly, Christopher A Isaacson, Joseph P Ratterman, John P Sexton, Jill R Goodman, Brian N Schell, Jill Griebenow, Dave Howson, Catherine R Clay and Allen Wilkinson.
View institutional ownership trends.

How do I buy shares of Cboe Global Markets?

Shares of CBOE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Cboe Global Markets own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Cboe Global Markets investors own include Waste Connections (WCN), The RMR Group (RMR), iShares Micro-Cap ETF (IWC), DiamondRock Hospitality (DRH), American Water Works (AWK), AUO (AUOTY) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Ex-Dividend for 9/13 Dividend: 8/30/2024
• Dividend Payable: 9/13/2024
• Last Earnings: 11/01/2024
• Today: 11/08/2024
• Ex-Dividend for 12/13 Dividend: 11/29/2024
• Dividend Payable: 12/13/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: BATS
• Sector: Financial Services
• Industry: Financial Data & Stock Exchanges
• Sub-Industry: Trading
• Current Symbol: BATS:CBOE
• CUSIP: N/A
• CIK: 1374310
• Web: www.cboe.com
• Phone: (312) 786-5600
• Fax: 312-786-7367
• Employees: 1,540
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $208.58
• High Stock Price Target: $230.00
• Low Stock Price Target: $188.00
• Potential Upside/Downside: +5.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.31
• Research Coverage: 13 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.94
• Trailing P/E Ratio: 101.69
• Forward P/E Ratio: 30.78
• P/E Growth: N/A
• Net Income: $529 million
• Net Margins: 5.77%
• Pretax Margin: 9.66%
• Return on Equity: 20.05%
• Return on Assets: 9.29%

Debt

• Debt-to-Equity Ratio: 0.60
• Current Ratio: 1.21
• Quick Ratio: 1.21

Sales & Book Value

• Annual Sales: $3.49 billion
• Price / Sales: 5.99
• Cash Flow: $12.65 per share
• Price / Cash Flow: 15.59
• Book Value: $33.80 per share
• Price / Book: 5.84

Miscellaneous

• Outstanding Shares: 106,062,000
• Free Float: 105,521,000
• Market Cap: $20.92 billion
• Optionable: Not Optionable
• Beta: 0.61