Nasdaq, Inc. (NASDAQ:NDAQ) Forecasted to Post Q4 2024 Earnings of $0.74 Per Share

Nasdaq, Inc. (NASDAQ:NDAQ) – Equities research analysts at Zacks Research raised their Q4 2024 earnings per share (EPS) estimates for shares of Nasdaq in a report released on Wednesday, April 17th. Zacks Research analyst T. De now expects that the financial services provider will post earnings of $0.74 per share for the quarter, up from their previous forecast of $0.73. The consensus estimate for Nasdaq’s current full-year earnings is $2.75 per share. Zacks Research also issued estimates for Nasdaq’s Q3 2025 earnings at $0.78 EPS, Q4 2025 earnings at $0.79 EPS, FY2025 earnings at $3.05 EPS and FY2026 earnings at $3.43 EPS.

Other research analysts also recently issued reports about the company. Piper Sandler lifted their price objective on Nasdaq from $70.00 to $71.00 and gave the stock an “overweight” rating in a research report on Thursday, February 1st. The Goldman Sachs Group upgraded Nasdaq from a “neutral” rating to a “buy” rating and set a $73.00 price objective for the company in a research report on Tuesday, March 26th. UBS Group lifted their price objective on Nasdaq from $56.00 to $60.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 24th. Rosenblatt Securities restated a “buy” rating and set a $82.00 price objective on shares of Nasdaq in a research report on Thursday, February 1st. Finally, Morgan Stanley upgraded Nasdaq from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $59.00 to $80.00 in a research report on Tuesday, April 9th. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $67.09.

Nasdaq Price Performance

Shares of NASDAQ:NDAQ opened at $60.35 on Thursday. The business’s 50 day simple moving average is $59.43 and its 200-day simple moving average is $56.04. The firm has a market capitalization of $34.71 billion, a price-to-earnings ratio of 28.60, a price-to-earnings-growth ratio of 2.73 and a beta of 0.93. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.01 and a quick ratio of 1.01. Nasdaq has a 12 month low of $46.88 and a 12 month high of $64.25.

Nasdaq (NASDAQ:NDAQ) last announced its quarterly earnings results on Wednesday, January 31st. The financial services provider reported $0.72 EPS for the quarter, topping the consensus estimate of $0.70 by $0.02. The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.08 billion. Nasdaq had a return on equity of 19.28% and a net margin of 17.48%. The company’s quarterly revenue was up 21.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.64 EPS.

Nasdaq Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Thursday, March 14th were issued a $0.22 dividend. The ex-dividend date was Wednesday, March 13th. This represents a $0.88 annualized dividend and a yield of 1.46%. Nasdaq’s dividend payout ratio (DPR) is presently 41.71%.

Insider Buying and Selling at Nasdaq

In other Nasdaq news, major shareholder Dubai Ltd Borse sold 31,000,000 shares of the business’s stock in a transaction on Friday, March 22nd. The stock was sold at an average price of $58.00, for a total value of $1,798,000,000.00. Following the completion of the transaction, the insider now directly owns 58,341,545 shares in the company, valued at approximately $3,383,809,610. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, major shareholder Dubai Ltd Borse sold 31,000,000 shares of the business’s stock in a transaction on Friday, March 22nd. The shares were sold at an average price of $58.00, for a total transaction of $1,798,000,000.00. Following the completion of the sale, the insider now directly owns 58,341,545 shares of the company’s stock, valued at approximately $3,383,809,610. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Bryan Everard Smith sold 7,400 shares of the business’s stock in a transaction on Monday, April 1st. The shares were sold at an average price of $62.91, for a total transaction of $465,534.00. Following the sale, the executive vice president now directly owns 61,672 shares of the company’s stock, valued at $3,879,785.52. The disclosure for this sale can be found here. 0.75% of the stock is currently owned by insiders.

Institutional Trading of Nasdaq

Several institutional investors have recently made changes to their positions in NDAQ. Maryland State Retirement & Pension System increased its holdings in Nasdaq by 7.9% in the 1st quarter. Maryland State Retirement & Pension System now owns 28,137 shares of the financial services provider’s stock valued at $1,691,000 after purchasing an additional 2,062 shares in the last quarter. Marshall Financial Group LLC increased its holdings in Nasdaq by 8.9% in the 1st quarter. Marshall Financial Group LLC now owns 17,133 shares of the financial services provider’s stock valued at $1,081,000 after purchasing an additional 1,395 shares in the last quarter. First Trust Direct Indexing L.P. increased its holdings in Nasdaq by 7.9% in the 1st quarter. First Trust Direct Indexing L.P. now owns 8,684 shares of the financial services provider’s stock valued at $548,000 after purchasing an additional 637 shares in the last quarter. Norden Group LLC acquired a new stake in Nasdaq in the 1st quarter valued at $1,295,000. Finally, State of Alaska Department of Revenue increased its holdings in Nasdaq by 11.4% in the 1st quarter. State of Alaska Department of Revenue now owns 40,937 shares of the financial services provider’s stock valued at $2,583,000 after purchasing an additional 4,175 shares in the last quarter. 72.47% of the stock is owned by hedge funds and other institutional investors.

Nasdaq Company Profile

Nasdaq, Inc operates as a technology company that serves capital markets and other industries worldwide. It operates in three segments: Capital Access Platforms, Financial Technology, and Market Services. The Capital Access Platforms segment sells and distributes historical and real-time market data; and develops and licenses Nasdaq-branded indices and financial products.