William Blair Issues Optimistic Outlook for CBOE Earnings

Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) - Investment analysts at William Blair increased their Q2 2025 EPS estimates for Cboe Global Markets in a research note issued to investors on Tuesday, July 15th. William Blair analyst J. Schmitt now expects that the company will post earnings per share of $2.50 for the quarter, up from their previous estimate of $2.44. The consensus estimate for Cboe Global Markets' current full-year earnings is $8.96 per share. William Blair also issued estimates for Cboe Global Markets' Q3 2025 earnings at $2.30 EPS, Q4 2025 earnings at $2.30 EPS, FY2025 earnings at $9.60 EPS and FY2026 earnings at $10.05 EPS.

Other equities research analysts have also issued research reports about the company. Morgan Stanley set a $218.00 price target on Cboe Global Markets and gave the stock an "underweight" rating in a research note on Tuesday, July 15th. Barclays cut their price objective on Cboe Global Markets from $245.00 to $243.00 and set an "equal weight" rating on the stock in a research report on Thursday, July 10th. Cowen reaffirmed a "hold" rating on shares of Cboe Global Markets in a research note on Monday, May 5th. Citigroup boosted their price objective on shares of Cboe Global Markets from $230.00 to $245.00 and gave the stock a "neutral" rating in a research note on Tuesday, July 8th. Finally, UBS Group boosted their price objective on shares of Cboe Global Markets from $235.00 to $245.00 and gave the company a "neutral" rating in a report on Monday, May 5th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $222.58.

Cboe Global Markets Stock Performance

Shares of NASDAQ:CBOE traded up $0.61 during midday trading on Thursday, hitting $238.45. The company had a trading volume of 2,122,917 shares, compared to its average volume of 863,414. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. The company has a market cap of $24.97 billion, a price-to-earnings ratio of 33.03, a PEG ratio of 1.75 and a beta of 0.43. Cboe Global Markets has a 12-month low of $181.32 and a 12-month high of $239.67. The company has a fifty day moving average of $228.21 and a two-hundred day moving average of $216.71.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last released its quarterly earnings data on Friday, May 2nd. The company reported $2.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.36 by $0.14. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%. Cboe Global Markets's revenue was up 12.6% on a year-over-year basis. During the same period in the previous year, the firm posted $2.15 EPS.

Institutional Trading of Cboe Global Markets

Hedge funds have recently bought and sold shares of the business. Alliancebernstein L.P. increased its holdings in Cboe Global Markets by 208.4% in the 4th quarter. Alliancebernstein L.P. now owns 7,685,489 shares of the company's stock valued at $1,501,745,000 after purchasing an additional 5,193,339 shares during the last quarter. Norges Bank purchased a new position in shares of Cboe Global Markets during the fourth quarter worth about $269,524,000. GAMMA Investing LLC raised its holdings in shares of Cboe Global Markets by 29,094.5% in the first quarter. GAMMA Investing LLC now owns 1,216,535 shares of the company's stock valued at $275,290,000 after buying an additional 1,212,368 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Cboe Global Markets by 400.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,067,566 shares of the company's stock valued at $241,580,000 after buying an additional 854,325 shares during the last quarter. Finally, Nuveen LLC purchased a new position in Cboe Global Markets during the first quarter worth about $74,789,000. Institutional investors and hedge funds own 82.67% of the company's stock.

Insiders Place Their Bets

In other Cboe Global Markets news, EVP Catherine R. Clay sold 3,598 shares of the stock in a transaction dated Friday, May 23rd. The shares were sold at an average price of $226.58, for a total value of $815,234.84. Following the completion of the sale, the executive vice president owned 2,183 shares in the company, valued at approximately $494,624.14. This represents a 62.24% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.22% of the company's stock.

Cboe Global Markets Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 13th. Investors of record on Friday, May 30th were paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 1.06%. The ex-dividend date of this dividend was Friday, May 30th. Cboe Global Markets's dividend payout ratio is presently 33.03%.

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.