Cboe Global Markets, Inc. Announces Quarterly Dividend of $0.63 (NASDAQ:CBOE)

Cboe Global Markets, Inc. (NASDAQ:CBOE) announced a quarterly dividend on Tuesday, February 11th,RTT News reports. Stockholders of record on Friday, February 28th will be paid a dividend of 0.63 per share on Friday, March 14th. This represents a $2.52 annualized dividend and a dividend yield of 1.19%.

Cboe Global Markets has raised its dividend by an average of 9.5% annually over the last three years.

Cboe Global Markets Stock Performance

NASDAQ:CBOE traded up $3.21 during trading hours on Wednesday, hitting $211.21. 111,397 shares of the company’s stock traded hands, compared to its average volume of 748,554. The stock has a fifty day moving average price of $199.40. The stock has a market cap of $22.11 billion, a price-to-earnings ratio of 28.78, a P/E/G ratio of 2.14 and a beta of 0.68. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.39. Cboe Global Markets has a twelve month low of $166.13 and a twelve month high of $221.66.

Cboe Global Markets (NASDAQ:CBOE) last released its earnings results on Friday, February 7th. The company reported $2.10 earnings per share for the quarter, missing the consensus estimate of $2.14 by ($0.04). Cboe Global Markets had a net margin of 19.65% and a return on equity of 22.33%. During the same period in the previous year, the firm posted $2.06 EPS. On average, equities research analysts predict that Cboe Global Markets will post 8.64 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have weighed in on CBOE shares. Barclays upped their price objective on shares of Cboe Global Markets from $212.00 to $216.00 and gave the company an “equal weight” rating in a research note on Monday. Bank of America upped their price target on shares of Cboe Global Markets from $245.00 to $251.00 and gave the stock a “buy” rating in a research note on Monday. JPMorgan Chase & Co. restated an “underweight” rating and issued a $174.00 target price (down previously from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. Oppenheimer dropped their target price 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. Finally, The Goldman Sachs Group lowered Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price target for the company. in a report on Monday, January 6th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $206.86.

Cboe Global Markets Company Profile

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.