What is William Blair’s Forecast for CBOE FY2024 Earnings?

Cboe Global Markets, Inc. (NASDAQ:CBOE) – Stock analysts at William Blair issued their FY2024 earnings estimates for shares of Cboe Global Markets in a research note issued to investors on Thursday, January 9th. William Blair analyst J. Schmitt anticipates that the company will post earnings of $8.63 per share for the year. William Blair has a “Market Perform” rating on the stock. The consensus estimate for Cboe Global Markets’ current full-year earnings is $8.66 per share. William Blair also issued estimates for Cboe Global Markets’ Q4 2024 earnings at $2.12 EPS, FY2025 earnings at $9.05 EPS and FY2026 earnings at $9.65 EPS.

A number of other brokerages have also weighed in on CBOE. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $174.00 price objective (down previously from $203.00) on shares of Cboe Global Markets in a report on Tuesday, January 7th. StockNews.com downgraded shares of Cboe Global Markets from a “hold” rating to a “sell” rating in a report on Friday. Jefferies Financial Group reduced their price target on shares of Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating for the company in a research report on Thursday. Keefe, Bruyette & Woods upped their price target on Cboe Global Markets from $217.00 to $220.00 and gave the stock a “market perform” rating in a report on Friday, December 20th. Finally, Barclays downgraded Cboe Global Markets from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $230.00 to $220.00 in a research report on Monday, December 9th. Three research analysts have rated the stock with a sell rating and four have given a hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $197.60.

Cboe Global Markets Stock Down 0.9 %

Shares of NASDAQ:CBOE opened at $191.23 on Monday. Cboe Global Markets has a fifty-two week low of $166.13 and a fifty-two week high of $221.66. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The company has a 50-day moving average price of $201.78. The stock has a market capitalization of $20.02 billion, a P/E ratio of 26.05, a price-to-earnings-growth ratio of 1.71 and a beta of 0.68.

Institutional Trading of Cboe Global Markets

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Barclays PLC grew its stake in Cboe Global Markets by 27.9% in the 3rd quarter. Barclays PLC now owns 535,284 shares of the company’s stock worth $109,662,000 after acquiring an additional 116,852 shares during the period. Nordea Investment Management AB boosted its stake in Cboe Global Markets by 16.7% in the 4th quarter. Nordea Investment Management AB now owns 646,670 shares of the company’s stock worth $126,262,000 after buying an additional 92,537 shares during the last quarter. Harmony Asset Management LLC purchased a new stake in Cboe Global Markets in the 3rd quarter valued at about $15,175,000. World Investment Advisors LLC acquired a new position in shares of Cboe Global Markets during the 3rd quarter valued at about $14,430,000. Finally, Erste Asset Management GmbH purchased a new position in shares of Cboe Global Markets during the 3rd quarter worth about $11,191,000. Hedge funds and other institutional investors own 82.67% of the company’s stock.

Cboe Global Markets 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 issued a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 1.32%. The ex-dividend date of this dividend was Friday, November 29th. Cboe Global Markets’s dividend payout ratio (DPR) is presently 34.33%.

Cboe Global Markets Company Profile

Cboe Global Markets, Inc is one of the largest stock exchange operators by volume in the United States and a leading market globally for ETP trading. Cboe offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, U.S. and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the VIX Index.