Zacks Research Analysts Lift Earnings Estimates for IBKR

Key Points

• Zacks Research has raised its Q2 2026 earnings per share estimate for Interactive Brokers Group to $0.50 from $0.49, maintaining a "Hold" rating on the stock.
• Citigroup and BMO Capital Markets upgraded their price targets for the stock, with Citigroup raising it to $60.00 and BMO establishing a target of $82.00, both giving a "buy" or "outperform" rating.
• Interactive Brokers Group announced a quarterly dividend of $0.08 per share, translating to an annualized yield of 0.5%. Insiders have recently sold over a million shares, indicating a potential decrease in confidence among management.

Interactive Brokers Group, Inc. (NASDAQ:IBKR - Free Report) - Equities researchers at Zacks Research raised their Q2 2026 earnings per share (EPS) estimates for Interactive Brokers Group in a report released on Friday, October 3rd. Zacks Research analyst Team now forecasts that the financial services provider will post earnings of $0.50 per share for the quarter, up from their prior forecast of $0.49. Zacks Research currently has a "Hold" rating on the stock. The consensus estimate for Interactive Brokers Group's current full-year earnings is $7.46 per share. Zacks Research also issued estimates for Interactive Brokers Group's Q4 2026 earnings at $0.49 EPS, Q3 2027 earnings at $0.50 EPS and FY2027 earnings at $1.99 EPS.

Several other brokerages have also recently issued reports on IBKR. Citigroup boosted their price target on Interactive Brokers Group from $53.75 to $60.00 and gave the company a "buy" rating in a research note on Monday, July 7th. Weiss Ratings reiterated a "hold (c+)" rating on shares of Interactive Brokers Group in a research note on Saturday, September 27th. BMO Capital Markets began coverage on Interactive Brokers Group in a research note on Friday. They issued an "outperform" rating and a $82.00 price target for the company. Barclays boosted their price target on Interactive Brokers Group from $65.00 to $73.00 and gave the company an "overweight" rating in a research note on Friday, July 18th. Finally, Piper Sandler boosted their price target on Interactive Brokers Group from $45.50 to $65.00 and gave the company an "overweight" rating in a research note on Tuesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat, Interactive Brokers Group presently has a consensus rating of "Moderate Buy" and an average target price of $64.47.

Interactive Brokers Group Stock Down 0.8%

Shares of NASDAQ:IBKR opened at $70.36 on Monday. The stock has a market cap of $119.34 billion, a PE ratio of 36.17, a P/E/G ratio of 2.89 and a beta of 1.22. The business has a 50 day moving average of $64.33 and a 200-day moving average of $54.71. Interactive Brokers Group has a 12-month low of $32.82 and a 12-month high of $71.78.

Interactive Brokers Group (NASDAQ:IBKR - Get Free Report) last issued its quarterly earnings data on Thursday, July 17th. The financial services provider reported $0.51 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.46 by $0.05. Interactive Brokers Group had a return on equity of 4.92% and a net margin of 9.78%.The company had revenue of $1.48 billion during the quarter, compared to analysts' expectations of $1.37 billion. During the same quarter in the previous year, the company posted $1.76 earnings per share. The business's revenue was up 14.7% on a year-over-year basis.

Interactive Brokers Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 12th. Investors of record on Monday, September 1st were issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Friday, August 29th. Interactive Brokers Group's dividend payout ratio is presently 16.49%.

Insiders Place Their Bets

In related news, CFO Paul Jonathan Brody sold 17,058 shares of the stock in a transaction on Friday, September 26th. The stock was sold at an average price of $65.78, for a total value of $1,122,075.24. Following the completion of the sale, the chief financial officer directly owned 28,289 shares in the company, valued at $1,860,850.42. This represents a 37.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders sold 1,205,683 shares of company stock valued at $77,217,965 in the last three months. Corporate insiders own 2.97% of the company's stock.

Institutional Trading of Interactive Brokers Group

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. increased its holdings in Interactive Brokers Group by 303.9% in the second quarter. Vanguard Group Inc. now owns 41,810,406 shares of the financial services provider's stock valued at $2,316,715,000 after purchasing an additional 31,458,885 shares during the period. State Street Corp increased its holdings in Interactive Brokers Group by 301.3% in the second quarter. State Street Corp now owns 15,131,029 shares of the financial services provider's stock valued at $838,410,000 after purchasing an additional 11,360,260 shares during the period. Cantillon Capital Management LLC increased its holdings in Interactive Brokers Group by 288.7% in the second quarter. Cantillon Capital Management LLC now owns 12,803,631 shares of the financial services provider's stock valued at $709,449,000 after purchasing an additional 9,509,805 shares during the period. Greenwich Wealth Management LLC grew its holdings in Interactive Brokers Group by 301.6% during the 2nd quarter. Greenwich Wealth Management LLC now owns 10,864,532 shares of the financial services provider's stock worth $602,004,000 after acquiring an additional 8,159,175 shares during the period. Finally, JPMorgan Chase & Co. grew its holdings in Interactive Brokers Group by 227.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 10,148,398 shares of the financial services provider's stock worth $562,328,000 after acquiring an additional 7,051,682 shares during the period. 23.80% of the stock is currently owned by institutional investors and hedge funds.

About Interactive Brokers Group

Interactive Brokers Group, Inc operates as an automated electronic broker worldwide. The company engages in the execution, clearance, and settlement of trades in stocks, options, futures, foreign exchange instruments, bonds, mutual funds, exchange traded funds (ETFs), precious metals, and cryptocurrencies.

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