What is Zacks Research's Estimate for IBKR Q4 Earnings?

Interactive Brokers Group, Inc. (NASDAQ:IBKR - Free Report) - Stock analysts at Zacks Research lifted their Q4 2024 EPS estimates for Interactive Brokers Group in a report released on Wednesday, November 27th. Zacks Research analyst R. Department now forecasts that the financial services provider will post earnings per share of $1.70 for the quarter, up from their previous estimate of $1.69. The consensus estimate for Interactive Brokers Group's current full-year earnings is $6.82 per share. Zacks Research also issued estimates for Interactive Brokers Group's Q1 2025 earnings at $1.72 EPS, Q3 2025 earnings at $1.69 EPS, Q4 2025 earnings at $1.71 EPS, FY2025 earnings at $6.78 EPS, Q1 2026 earnings at $1.74 EPS, Q2 2026 earnings at $1.68 EPS and FY2026 earnings at $6.89 EPS.

A number of other research firms have also weighed in on IBKR. Jefferies Financial Group upped their price objective on shares of Interactive Brokers Group from $152.00 to $165.00 and gave the stock a "buy" rating in a research note on Friday, October 4th. Piper Sandler restated an "overweight" rating and issued a $163.00 target price on shares of Interactive Brokers Group in a research note on Wednesday, October 16th. UBS Group upped their price target on shares of Interactive Brokers Group from $155.00 to $170.00 and gave the company a "buy" rating in a report on Tuesday, October 8th. Finally, Barclays dropped their price objective on shares of Interactive Brokers Group from $166.00 to $165.00 and set an "overweight" rating on the stock in a research note on Wednesday, October 16th. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, Interactive Brokers Group has an average rating of "Moderate Buy" and a consensus target price of $148.38.

Interactive Brokers Group Stock Performance

Interactive Brokers Group stock traded down $3.67 during mid-day trading on Monday, hitting $187.42. The company's stock had a trading volume of 927,191 shares, compared to its average volume of 1,010,831. The stock has a market cap of $79.19 billion, a PE ratio of 29.17, a P/E/G ratio of 1.50 and a beta of 0.79. Interactive Brokers Group has a one year low of $77.75 and a one year high of $193.42. The company has a 50 day moving average of $160.09 and a 200-day moving average of $136.09.

Interactive Brokers Group (NASDAQ:IBKR - Get Free Report) last released 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 firm had revenue of $2.45 billion during the quarter, compared to the consensus estimate of $1.32 billion. Interactive Brokers Group had a return on equity of 4.83% and a net margin of 7.89%. During the same period in the previous year, the firm earned $1.55 EPS.

Interactive Brokers Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 29th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.53%. The ex-dividend date of this dividend is Friday, November 29th. Interactive Brokers Group's payout ratio is currently 15.27%.

Institutional Investors Weigh In On Interactive Brokers Group

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Townsquare Capital LLC increased its position in Interactive Brokers Group by 1.2% during the third quarter. Townsquare Capital LLC now owns 5,456 shares of the financial services provider's stock worth $760,000 after buying an additional 67 shares in the last quarter. TD Private Client Wealth LLC lifted its stake in shares of Interactive Brokers Group by 0.3% in the third quarter. TD Private Client Wealth LLC now owns 19,797 shares of the financial services provider's stock worth $2,759,000 after acquiring an additional 69 shares in the last quarter. Prime Capital Investment Advisors LLC lifted its holdings in Interactive Brokers Group by 3.7% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 2,746 shares of the financial services provider's stock worth $383,000 after buying an additional 97 shares during the last quarter. Boston Financial Mangement LLC grew its position in shares of Interactive Brokers Group by 5.4% during the 3rd quarter. Boston Financial Mangement LLC now owns 1,955 shares of the financial services provider's stock valued at $272,000 after buying an additional 100 shares during the last quarter. Finally, First Citizens Bank & Trust Co. lifted its stake in Interactive Brokers Group by 5.6% in the third quarter. First Citizens Bank & Trust Co. now owns 2,007 shares of the financial services provider's stock valued at $280,000 after buying an additional 107 shares during the last quarter. Institutional investors and hedge funds own 23.80% of the company's stock.

About Interactive Brokers Group

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.