Brokerages Set Cboe Global Markets, Inc. (BATS:CBOE) Target Price at $211.36

Cboe Global Markets, Inc. (BATS:CBOE) has earned a consensus rating of “Hold” from the eleven ratings firms that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, four have issued a hold rating and six have assigned a buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is $211.36.

CBOE has been the topic of several recent research reports. Royal Bank of Canada reiterated a “sector perform” rating and issued a $220.00 price objective on shares of Cboe Global Markets in a research note on Monday, November 4th. Morgan Stanley cut shares of Cboe Global Markets from an “equal weight” rating to an “underweight” rating and set a $199.00 price target on the stock. in a research note on Wednesday, November 6th. TD Cowen began coverage on Cboe Global Markets in a research note on Thursday, September 26th. They issued a “hold” rating and a $205.00 price objective for the company. Barclays lowered their target price on Cboe Global Markets from $239.00 to $230.00 and set an “overweight” rating on the stock in a research report on Monday, November 4th. Finally, Piper Sandler upped their price target on Cboe Global Markets from $210.00 to $220.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 8th.

Cboe Global Markets Trading Up 0.7 %

BATS:CBOE opened at $194.73 on Friday. The company has a 50 day simple moving average of $200.91 and a two-hundred day simple moving average of $201.06. The company has a market cap of $20.65 billion, a PE ratio of 100.38 and a beta of 0.61. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60. Cboe Global Markets has a 12 month low of $103.82 and a 12 month high of $139.00.

Cboe Global Markets (BATS:CBOE) last posted its quarterly earnings data on Friday, November 1st. The company reported $2.22 EPS for the quarter, beating analysts’ consensus estimates of $2.19 by $0.03. The company had revenue of $532.00 million during the quarter, compared to analysts’ expectations of $530.46 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. Cboe Global Markets’s revenue for the quarter was up 10.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.06 earnings per share. Research analysts forecast that Cboe Global Markets will post 6.41 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 29th were given a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a dividend yield of 1.29%. The ex-dividend date of this dividend was Friday, November 29th. Cboe Global Markets’s payout ratio is currently 98.97%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Los Angeles Capital Management LLC increased its holdings in shares of Cboe Global Markets by 8.4% in the third quarter. Los Angeles Capital Management LLC now owns 668,834 shares of the company’s stock worth $137,024,000 after purchasing an additional 51,793 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in Cboe Global Markets by 10.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 566,657 shares of the company’s stock valued at $96,367,000 after buying an additional 55,876 shares in the last quarter. Marshall Wace LLP increased its stake in Cboe Global Markets by 306.6% in the 2nd quarter. Marshall Wace LLP now owns 533,839 shares of the company’s stock worth $90,785,000 after acquiring an additional 402,547 shares during the last quarter. Horizon Kinetics Asset Management LLC raised its holdings in shares of Cboe Global Markets by 3.3% during the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 417,664 shares of the company’s stock worth $85,567,000 after acquiring an additional 13,425 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its holdings in shares of Cboe Global Markets by 215.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 376,190 shares of the company’s stock worth $77,070,000 after acquiring an additional 257,016 shares in the last quarter. Institutional investors own 81.73% of the company’s stock.

Cboe Global Markets Company Profile

Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange worldwide. It operates through six segments: Options, North American Equities, Europe and Asia Pacific, Futures, Global FX, and Digital. The Options segment trades in listed market indices. The North American Equities segment trades in listed U.S.