Zacks Research Forecasts Nasdaq’s Q4 Earnings (NASDAQ:NDAQ)

Nasdaq, Inc. (NASDAQ:NDAQ) – Zacks Research reduced their Q4 2024 earnings per share estimates for Nasdaq in a research note issued on Thursday, November 14th. Zacks Research analyst T. De now expects that the financial services provider will post earnings of $0.72 per share for the quarter, down from their prior forecast of $0.73. The consensus estimate for Nasdaq’s current full-year earnings is $2.78 per share. Zacks Research also issued estimates for Nasdaq’s Q1 2025 earnings at $0.72 EPS, Q2 2025 earnings at $0.76 EPS, Q3 2025 earnings at $0.74 EPS, Q4 2025 earnings at $0.87 EPS, FY2025 earnings at $3.08 EPS, Q1 2026 earnings at $0.83 EPS, Q2 2026 earnings at $0.89 EPS, Q3 2026 earnings at $0.87 EPS and FY2026 earnings at $3.54 EPS.

Nasdaq (NASDAQ:NDAQ) last announced its quarterly earnings data on Thursday, October 24th. The financial services provider reported $0.74 EPS for the quarter, beating the consensus estimate of $0.69 by $0.05. The business had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.17 billion. Nasdaq had a net margin of 13.67% and a return on equity of 14.56%. The business’s quarterly revenue was up 21.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.71 EPS.

NDAQ has been the subject of a number of other research reports. Deutsche Bank Aktiengesellschaft lifted their price objective on Nasdaq from $78.00 to $80.00 and gave the company a “hold” rating in a research note on Monday, November 11th. StockNews.com raised Nasdaq from a “sell” rating to a “hold” rating in a report on Friday, November 8th. UBS Group upped their price objective on Nasdaq from $73.00 to $79.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 8th. Keefe, Bruyette & Woods lifted their target price on shares of Nasdaq from $76.00 to $78.00 and gave the company an “outperform” rating in a report on Friday, July 26th. Finally, Piper Sandler boosted their target price on shares of Nasdaq from $73.00 to $80.00 and gave the company an “overweight” rating in a research note on Tuesday, October 8th. Six research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, Nasdaq presently has an average rating of “Moderate Buy” and a consensus price target of $80.87.

Nasdaq Trading Up 1.3 %

NASDAQ NDAQ opened at $79.78 on Monday. Nasdaq has a 1 year low of $53.36 and a 1 year high of $80.77. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.95 and a quick ratio of 0.95. The company has a market capitalization of $45.85 billion, a PE ratio of 47.77, a P/E/G ratio of 3.07 and a beta of 0.95. The company has a fifty day moving average of $74.45 and a 200 day moving average of $67.59.

Nasdaq Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 20th. Shareholders of record on Friday, December 6th will be issued a dividend of $0.24 per share. The ex-dividend date is Friday, December 6th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.20%. Nasdaq’s payout ratio is currently 57.49%.

Insider Activity

In other Nasdaq news, insider Pc Nelson Griggs sold 5,742 shares of the stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $77.34, for a total value of $444,086.28. Following the completion of the sale, the insider now owns 205,821 shares in the company, valued at approximately $15,918,196.14. This represents a 2.71 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Jeremy Skule sold 12,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $77.92, for a total transaction of $935,040.00. Following the completion of the transaction, the executive vice president now directly owns 114,580 shares in the company, valued at $8,928,073.60. This trade represents a 9.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 37,384 shares of company stock worth $2,860,902 over the last quarter. 0.70% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Nasdaq

Several hedge funds and other institutional investors have recently made changes to their positions in NDAQ. Citizens Financial Group Inc. RI boosted its stake in Nasdaq by 3.6% during the third quarter. Citizens Financial Group Inc. RI now owns 3,975 shares of the financial services provider’s stock worth $290,000 after buying an additional 137 shares during the last quarter. First Pacific Financial raised its holdings in shares of Nasdaq by 1.0% during the 3rd quarter. First Pacific Financial now owns 13,842 shares of the financial services provider’s stock worth $1,011,000 after acquiring an additional 142 shares during the period. Crestwood Advisors Group LLC boosted its position in shares of Nasdaq by 4.2% during the 3rd quarter. Crestwood Advisors Group LLC now owns 3,670 shares of the financial services provider’s stock valued at $268,000 after acquiring an additional 149 shares during the last quarter. Kentucky Retirement Systems grew its holdings in shares of Nasdaq by 0.5% in the third quarter. Kentucky Retirement Systems now owns 28,828 shares of the financial services provider’s stock valued at $2,105,000 after purchasing an additional 154 shares during the period. Finally, Signaturefd LLC grew its holdings in shares of Nasdaq by 2.5% in the third quarter. Signaturefd LLC now owns 6,584 shares of the financial services provider’s stock valued at $481,000 after purchasing an additional 162 shares during the period. Institutional investors and hedge funds own 72.47% of the company’s stock.

About Nasdaq

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.