What is Zacks Research’s Estimate for CBOE FY2027 Earnings?

Cboe Global Markets, Inc. (NASDAQ:CBOE) – Equities research analysts at Zacks Research upped their FY2027 earnings per share (EPS) estimates for shares of Cboe Global Markets in a report issued on Tuesday, March 11th. Zacks Research analyst T. De now forecasts that the company will earn $10.30 per share for the year, up from their prior forecast of $10.26. The consensus estimate for Cboe Global Markets’ current full-year earnings is $8.96 per share.

Cboe Global Markets (NASDAQ:CBOE) last released its earnings results on Friday, February 7th. The company reported $2.10 EPS for the quarter, missing the consensus estimate of $2.14 by ($0.04). Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. During the same period in the previous year, the firm earned $2.06 EPS.

Several other brokerages have also weighed in on CBOE. Jefferies Financial Group dropped their target price on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a research report on Thursday, January 9th. JPMorgan Chase & Co. reissued an “underweight” rating and issued a $174.00 price objective (down from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. Bank of America raised their price objective on Cboe Global Markets from $245.00 to $251.00 and gave the company a “buy” rating in a research note on Monday, February 10th. StockNews.com raised Cboe Global Markets from a “sell” rating to a “hold” rating in a report on Tuesday, March 4th. Finally, Oppenheimer lowered their price objective on Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating on the stock in a research report on Monday, January 13th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $206.86.

Cboe Global Markets Trading Down 1.3 %

Cboe Global Markets stock opened at $208.50 on Thursday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. The stock has a market cap of $21.83 billion, a PE ratio of 28.88, a P/E/G ratio of 1.75 and a beta of 0.67. Cboe Global Markets has a 52 week low of $166.13 and a 52 week high of $221.66. The firm’s 50 day simple moving average is $203.82.

Institutional Trading of Cboe Global Markets

Several institutional investors have recently modified their holdings of the stock. Cim LLC grew its position in shares of Cboe Global Markets by 1.7% in the fourth quarter. Cim LLC now owns 6,011 shares of the company’s stock valued at $1,175,000 after purchasing an additional 102 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Cboe Global Markets during the fourth quarter worth about $15,349,000. B. Riley Wealth Advisors Inc. boosted its position in Cboe Global Markets by 13.2% during the fourth quarter. B. Riley Wealth Advisors Inc. now owns 1,346 shares of the company’s stock worth $263,000 after acquiring an additional 157 shares during the last quarter. Peak Retirement Planning Inc. acquired a new position in Cboe Global Markets during the fourth quarter worth about $815,000. Finally, Toronto Dominion Bank boosted its position in Cboe Global Markets by 6.8% during the fourth quarter. Toronto Dominion Bank now owns 56,019 shares of the company’s stock worth $10,946,000 after acquiring an additional 3,589 shares during the last quarter. Institutional investors and hedge funds own 82.67% of the company’s stock.

Insider Activity

In related news, CAO Allen Wilkinson sold 228 shares of the stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $211.12, for a total value of $48,135.36. Following the sale, the chief accounting officer now directly owns 248 shares of the company’s stock, valued at $52,357.76. This represents a 47.90 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Dave Howson sold 11,036 shares of the firm’s stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $206.01, for a total transaction of $2,273,526.36. Following the completion of the sale, the executive vice president now owns 8,025 shares of the company’s stock, valued at approximately $1,653,230.25. This trade represents a 57.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 11,544 shares of company stock valued at $2,380,529. 0.22% of the stock is currently owned by insiders.

Cboe Global Markets Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be paid a $0.63 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $2.52 dividend on an annualized basis and a yield of 1.21%. Cboe Global Markets’s dividend payout ratio is presently 34.90%.

About Cboe Global Markets

Cboe Global Markets, Inc is one of the largest stock exchange operators by volume in the United States and a leading market globally for ETP trading. Cboe offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, U.S. and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the VIX Index.