Investment Analysts’ Recent Ratings Changes for Interactive Brokers Group (IBKR)

A number of research firms have changed their ratings and price targets for Interactive Brokers Group (NASDAQ: IBKR):

• 10/16/2024 – Interactive Brokers Group had its price target lowered by analysts at Barclays PLC from $166.00 to $165.00. They now have an “overweight” rating on the stock.
• 10/16/2024 – Interactive Brokers Group had its “overweight” rating reaffirmed by analysts at Piper Sandler. They now have a $163.00 price target on the stock.
• 10/8/2024 – Interactive Brokers Group had its price target raised by analysts at Piper Sandler from $140.00 to $163.00. They now have an “overweight” rating on the stock.
• 10/8/2024 – Interactive Brokers Group had its price target raised by analysts at UBS Group AG from $155.00 to $170.00. They now have a “buy” rating on the stock.
• 10/7/2024 – Interactive Brokers Group had its price target raised by analysts at Barclays PLC from $147.00 to $166.00. They now have an “overweight” rating on the stock.
• 10/4/2024 – Interactive Brokers Group had its price target raised by analysts at Jefferies Financial Group Inc. from $152.00 to $165.00. They now have a “buy” rating on the stock.
• 9/9/2024 – Interactive Brokers Group had its price target raised by analysts at UBS Group AG from $145.00 to $155.00. They now have a “buy” rating on the stock.

Interactive Brokers Group Trading Down 4.0 %

NASDAQ:IBKR opened at $146.78 on Thursday. The company has a market capitalization of $61.81 billion, a P/E ratio of 25.09, a price-to-earnings-growth ratio of 1.34 and a beta of 0.80. The firm has a 50-day moving average price of $131.45 and a two-hundred day moving average price of $123.90. Interactive Brokers Group, Inc. has a twelve month low of $72.60 and a twelve month high of $154.75.

Interactive Brokers Group (NASDAQ:IBKR) last issued its quarterly earnings data on Tuesday, October 15th. The financial services provider reported $1.75 earnings per share for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.03). Interactive Brokers Group had a return on equity of 4.88% and a net margin of 7.88%. The business had revenue of $2.45 billion for the quarter, compared to analysts’ expectations of $1.32 billion. During the same period last year, the business earned $1.55 earnings per share. On average, equities research analysts predict that Interactive Brokers Group, Inc. will post 6.92 earnings per share for the current year.

Hedge Funds Weigh In On Interactive Brokers Group

Several hedge funds have recently bought and sold shares of IBKR. Rise Advisors LLC acquired a new stake in shares of Interactive Brokers Group during the first quarter valued at $30,000. Tortoise Investment Management LLC lifted its holdings in Interactive Brokers Group by 76.6% in the 2nd quarter. Tortoise Investment Management LLC now owns 256 shares of the financial services provider’s stock valued at $31,000 after purchasing an additional 111 shares in the last quarter. Fairfield Financial Advisors LTD acquired a new stake in shares of Interactive Brokers Group during the 2nd quarter worth about $32,000. Kapitalo Investimentos Ltda grew its holdings in shares of Interactive Brokers Group by 278.0% during the fourth quarter. Kapitalo Investimentos Ltda now owns 480 shares of the financial services provider’s stock worth $40,000 after buying an additional 353 shares in the last quarter. Finally, UMB Bank n.a. grew its holdings 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 buying an additional 224 shares in the last quarter. Hedge funds and other institutional investors own 23.80% of the company’s stock.

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.