Cboe Global Markets, Inc. (NASDAQ:CBOE) Declares Quarterly Dividend of $0.72

Key Points

• Cboe Global Markets has declared a quarterly dividend of $0.72 per share, reflecting a 14.3% increase from the previous dividend of $0.63.
• The company reported a quarterly EPS of $2.46, surpassing analysts' estimates of $2.43, with a year-over-year revenue increase of 14.3%.
• Analysts have mixed ratings on Cboe Global Markets, with a consensus target price of $231.38 and many analysts rating the stock as a "hold."

Cboe Global Markets, Inc. (NASDAQ:CBOE - Get Free Report) announced a quarterly dividend on Thursday, August 14th, RTT News reports. Stockholders of record on Friday, August 29th will be paid a dividend of 0.72 per share on Monday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 1.2%. This is a 14.3% increase from Cboe Global Markets's previous quarterly dividend of $0.63.

Cboe Global Markets Price Performance

Shares of NASDAQ:CBOE traded down $1.72 on Thursday, reaching $243.71. 662,129 shares of the company traded hands, compared to its average volume of 875,172. Cboe Global Markets has a fifty-two week low of $187.30 and a fifty-two week high of $255.27. The company's 50 day moving average is $235.78 and its 200-day moving average is $223.13. The stock has a market capitalization of $25.49 billion, a PE ratio of 33.75, a P/E/G ratio of 1.75 and a beta of 0.46. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last announced its quarterly earnings data on Friday, August 1st. The company reported $2.46 EPS for the quarter, beating analysts' consensus estimates of $2.43 by $0.03. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%. During the same quarter in the prior year, the firm posted $2.15 earnings per share. Cboe Global Markets's revenue was up 14.3% compared to the same quarter last year. As a group, analysts anticipate that Cboe Global Markets will post 8.96 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Cowen reiterated a "hold" rating on shares of Cboe Global Markets in a research report on Monday, May 5th. Oppenheimer set a $265.00 price objective on Cboe Global Markets and gave the company an "outperform" rating in a research report on Monday, August 4th. Morgan Stanley set a $218.00 price objective on Cboe Global Markets and gave the company an "underweight" rating in a research report on Tuesday, July 15th. UBS Group restated a "neutral" rating and issued a $255.00 target price (up previously from $245.00) on shares of Cboe Global Markets in a report on Monday, August 4th. Finally, Royal Bank Of Canada restated a "sector perform" rating and issued a $254.00 target price on shares of Cboe Global Markets in a report on Monday, August 4th. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $231.38.

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.

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