Interactive Brokers Group Inc. (IBKR) Scheduled to Post Quarterly Earnings on Tuesday
Interactive Brokers Group Inc. (NASDAQ:IBKR) will issue its Q316 quarterly earnings data on Tuesday, October 18th.
Interactive Brokers Group (NASDAQ:IBKR) last announced its quarterly earnings results on Tuesday, July 19th. The company reported $0.36 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.35 by $0.01. Interactive Brokers Group had a net margin of 6.35% and a return on equity of 1.80%. The firm had revenue of $369 million for the quarter, compared to the consensus estimate of $373.43 million. On average, analysts expect Interactive Brokers Group to post $1.65 EPS for the current fiscal year and $1.63 EPS for the next fiscal year.
Shares of Interactive Brokers Group Inc. (NASDAQ:IBKR) opened at 36.12 on Friday. Interactive Brokers Group Inc. has a one year low of $29.50 and a one year high of $44.85. The company’s 50-day moving average is $35.82 and its 200-day moving average is $36.84. The stock has a market capitalization of $2.43 billion, a P/E ratio of 23.94 and a beta of 0.93.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 14th. Stockholders of record on Thursday, September 1st were given a dividend of $0.10 per share. The ex-dividend date was Tuesday, August 30th. This represents a $0.40 annualized dividend and a dividend yield of 1.11%. Interactive Brokers Group’s dividend payout ratio is presently 26.49%.
Hedge funds have recently modified their holdings of the stock. Arizona State Retirement System increased its stake in shares of Interactive Brokers Group by 1.3% in the second quarter. Arizona State Retirement System now owns 30,268 shares of the company’s stock valued at $1,071,000 after buying an additional 400 shares during the period. Cubist Systematic Strategies LLC purchased a new stake in shares of Interactive Brokers Group during the second quarter valued at about $296,000. AQR Capital Management LLC increased its stake in shares of Interactive Brokers Group by 43.8% in the second quarter. AQR Capital Management LLC now owns 64,094 shares of the company’s stock valued at $2,269,000 after buying an additional 19,511 shares during the period. Landscape Capital Management L.L.C. purchased a new stake in shares of Interactive Brokers Group during the second quarter valued at about $581,000. Finally, Nomura Holdings Inc. purchased a new stake in shares of Interactive Brokers Group during the second quarter valued at about $523,000. 84.67% of the stock is owned by institutional investors.
Separately, Zacks Investment Research downgraded shares of Interactive Brokers Group from a “hold” rating to a “sell” rating in a research report on Wednesday, July 13th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $40.58.
Interactive Brokers Group Company Profile
Interactive Brokers Group, Inc (IBG, Inc) is a holding company. The Company is an automated global electronic broker and market maker specializing in routing orders, and executing and processing trades in securities, futures, foreign exchange instruments, bonds and mutual funds on over 100 electronic exchanges and trading venues around the world.
Receive News & Stock Ratings for Interactive Brokers Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Interactive Brokers Group Inc. and related stocks with our FREE daily email newsletter.