Interactive Brokers Group (IBKR) Getting Positive Media Coverage, Accern Reports
News headlines about Interactive Brokers Group (NASDAQ:IBKR) have been trending positive recently, Accern reports. The research firm rates the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Interactive Brokers Group earned a coverage optimism score of 0.39 on Accern’s scale. Accern also gave news stories about the financial services provider an impact score of 64 out of 100, indicating that recent press coverage is somewhat likely to have an impact on the stock’s share price in the next several days.
Here are some of the news stories that may have impacted Accern’s rankings:
- Insider Trading Activity Interactive Brokers Group, Inc. (NASDAQ:IBKR) – Vice Chairman Sold 1657 shares of Stock – The Momentous News (momentousnews.com)
- Head to Head Analysis: Nasdaq (NDAQ) & Interactive Brokers Group (IBKR) (americanbankingnews.com)
- Thomas Aj Frank Sells 16,580 Shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) Stock (americanbankingnews.com)
- Earl H. Nemser Sells 1,657 Shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) Stock (americanbankingnews.com)
- Insider Selling: Interactive Brokers Group, Inc. (NASDAQ:IBKR) CFO Sells 11,310 Shares of Stock (americanbankingnews.com)
IBKR has been the topic of several research analyst reports. Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $41.00 price objective on shares of Interactive Brokers Group in a report on Wednesday, April 12th. SunTrust Banks, Inc. reiterated a “hold” rating and issued a $38.00 price objective on shares of Interactive Brokers Group in a report on Wednesday, April 19th. BidaskClub upgraded shares of Interactive Brokers Group from a “hold” rating to a “buy” rating in a report on Thursday, July 6th. Zacks Investment Research upgraded shares of Interactive Brokers Group from a “sell” rating to a “hold” rating and set a $41.00 price objective on the stock in a report on Tuesday, June 20th. Finally, ValuEngine upgraded shares of Interactive Brokers Group from a “sell” rating to a “hold” rating in a report on Thursday, June 8th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the company. The company has an average rating of “Hold” and an average price target of $39.17.
Interactive Brokers Group (NASDAQ:IBKR) opened at 40.54 on Monday. The company has a market capitalization of $2.80 billion, a PE ratio of 39.59 and a beta of 0.94. Interactive Brokers Group has a 1-year low of $31.97 and a 1-year high of $41.00. The company has a 50 day moving average of $37.82 and a 200 day moving average of $36.54.
Interactive Brokers Group (NASDAQ:IBKR) last released its quarterly earnings data on Tuesday, July 18th. The financial services provider reported $0.32 earnings per share for the quarter, missing analysts’ consensus estimates of $0.37 by $0.05. The business had revenue of $387 million during the quarter, compared to the consensus estimate of $377.65 million. Interactive Brokers Group had a return on equity of 1.19% and a net margin of 4.97%. The business’s revenue was up 4.9% on a year-over-year basis. During the same period last year, the company earned $0.40 EPS. On average, analysts predict that Interactive Brokers Group will post $1.51 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 14th. Stockholders of record on Friday, September 1st will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.99%. The ex-dividend date of this dividend is Wednesday, August 30th. Interactive Brokers Group’s dividend payout ratio (DPR) is 38.84%.
In related news, Vice Chairman Earl H. Nemser sold 1,657 shares of the stock in a transaction that occurred on Thursday, August 3rd. The stock was sold at an average price of $40.42, for a total transaction of $66,975.94. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Thomas Aj Frank sold 16,580 shares of the stock in a transaction that occurred on Thursday, August 3rd. The shares were sold at an average price of $40.42, for a total value of $670,163.60. The disclosure for this sale can be found here. In the last ninety days, insiders sold 29,547 shares of company stock valued at $1,194,290. Corporate insiders own 3.41% of the company’s stock.
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About Interactive Brokers Group
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 120 electronic exchanges and market centers around the world and offering custody, prime brokerage, securities and margin lending services to customers.
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