BATS:CBOE

Cboe Global Markets (CBOE) Stock Price, News & Analysis

$178.50
-1.49 (-0.83%)
(As of 04/23/2024 ET)
Today's Range
$177.82
$180.60
50-Day Range
$176.63
$197.41
52-Week Range
$103.82
$139.00
Volume
641,153 shs
Average Volume
636,231 shs
Market Capitalization
$18.93 billion
P/E Ratio
92.01
Dividend Yield
1.08%
Price Target
$190.18

Cboe Global Markets MarketRank™ Stock Analysis

Analyst Rating
Hold
2.45 Rating Score
Upside/​Downside
6.5% Upside
$190.18 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.28mentions of Cboe Global Markets in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$2.52 M Sold Last Quarter
Proj. Earnings Growth
3.43%
From $6.41 to $6.63 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.34 out of 5 stars

CBOE stock logo

About Cboe Global Markets Stock (BATS:CBOE)

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. and Canadian equities. This segment also offers exchange-traded products (ETP) transaction and listing services. The Europe and Asia Pacific segment provides pan-European listed equities and derivatives transaction services, ETPs, exchange-traded commodities, and international depository receipts, as well as ETP listings and clearing services. The Futures segment trades in futures. The Global FX segment provides institutional foreign exchange (FX) trading and non-deliverable forward FX transactions services. The Digital segment offers Cboe Digital, an operator of the United States based digital asset spot market and a regulated futures exchange; Cboe Clear Digital, a regulated clearinghouse; licensing of proprietary market data; and access and capacity services. The company has strategic relationships with S&P Dow Jones Indices, LLC; IHS Markit Ltd.; DJI Opco, LLC; Frank Russell Company; FTSE International Limited; and MSCI Inc. The company was formerly known as CBOE Holdings, Inc. and changed its name to Cboe Global Markets, Inc. in October 2017. Cboe Global Markets, Inc. was founded in 1973 and is headquartered in Chicago, Illinois.

CBOE Stock Price History

CBOE Stock News Headlines

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Company Calendar

Last Earnings
2/02/2024
Ex-Dividend for 3/15 Dividend
2/28/2024
Dividend Payable
3/15/2024
Today
4/23/2024
Next Earnings (Estimated)
5/03/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Financial Data & Stock Exchanges
Sub-Industry
N/A
Employees
1,647
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$190.18
High Stock Price Target
$211.00
Low Stock Price Target
$161.00
Potential Upside/Downside
+6.5%
Consensus Rating
Hold
Rating Score (0-4)
2.45
Research Coverage
11 Analysts

Profitability

Net Income
$529 million
Pretax Margin
9.66%

Debt

Sales & Book Value

Annual Sales
$3.49 billion
Cash Flow
$11.45 per share
Book Value
$33.80 per share

Miscellaneous

Free Float
105,521,000
Market Cap
$18.93 billion
Optionable
Not Optionable
Beta
0.61
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Key Executives

  • Mr. Frederic J. TomczykMr. Frederic J. Tomczyk (Age 68)
    CEO & Director
    Comp: $1.93M
  • Mr. David Howson (Age 48)
    Executive VP & Global President
    Comp: $1.9M
  • Ms. Jill M. Griebenow (Age 44)
    Executive VP & CFO
    Comp: $1.11M
  • Mr. Christopher Andrew IsaacsonMr. Christopher Andrew Isaacson (Age 46)
    Executive VP & COO
    Comp: $1.98M
  • Ms. Catherine R. Clay (Age 57)
    Executive VP & Head of Global Derivatives
    Comp: $1.09M
  • Mr. Tim Lipscomb
    Senior VP & CTO
  • Mr. Kenneth William Hill C.F.A.
    Vice President of Investor Relations
  • Ms. Alexandra Michele Albright
    Chief Compliance Officer
  • Mr. John Patrick Sexton (Age 58)
    Executive VP, General Counsel & Corporate Secretary
    Comp: $1.33M
  • Ms. Stacie Fleming
    Senior Vice President of Marketing & Communications

Should I Buy Cboe Global Markets Stock? CBOE Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Cboe Global Markets, Inc.:

  • Cboe Global Markets, Inc. operates as a leading derivatives and securities exchange network, providing exposure to a diverse range of financial products.
  • The company has a strong global presence with operations in various regions, offering investors opportunities in different markets.
  • Recent reports indicate positive trading volume statistics for March 2024, reflecting potential revenue growth.
  • Cboe Global Markets, Inc. has strategic relationships with key industry players, enhancing its market position and potential for collaborations.
  • The company's focus on innovation, such as its digital asset spot market and regulated futures exchange, demonstrates adaptability to evolving market trends.

Cons

Investors should be bearish about investing in Cboe Global Markets, Inc. for these reasons:

  • Market volatility and regulatory changes in the financial industry can impact the company's performance and revenue streams.
  • Competition from other exchanges and financial institutions may pose challenges to Cboe Global Markets, Inc.'s market share and profitability.
  • Uncertainties in global economic conditions could affect trading volumes and investor sentiment, influencing the company's financial results.
  • Fluctuations in foreign exchange rates and interest rates may introduce risks to the company's financial stability and profitability.
  • Investors should carefully consider the current stock price and valuation metrics to assess the investment opportunity in Cboe Global Markets, Inc.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these Cboe Global Markets pros and cons to contact@marketbeat.com.

CBOE Stock Analysis - Frequently Asked Questions

Should I buy or sell Cboe Global Markets stock right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cboe Global Markets in the last year. There are currently 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CBOE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CBOE, but not buy additional shares or sell existing shares.
View CBOE analyst ratings
or view top-rated stocks.

What is Cboe Global Markets' stock price target for 2024?

11 Wall Street analysts have issued twelve-month target prices for Cboe Global Markets' stock. Their CBOE share price targets range from $161.00 to $211.00. On average, they predict the company's stock price to reach $190.18 in the next year. This suggests a possible upside of 6.5% from the stock's current price.
View analysts price targets for CBOE
or view top-rated stocks among Wall Street analysts.

How have CBOE shares performed in 2024?

Cboe Global Markets' stock was trading at $178.56 at the beginning of 2024. Since then, CBOE stock has decreased by 0.0% and is now trading at $178.50.
View the best growth stocks for 2024 here
.

When is Cboe Global Markets' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 3rd 2024.
View our CBOE earnings forecast
.

How were Cboe Global Markets' earnings last quarter?

Cboe Global Markets, Inc. (BATS:CBOE) issued its quarterly earnings results on Friday, February, 2nd. The company reported $2.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.04 by $0.02. The firm had revenue of $499 million for the quarter, compared to the consensus estimate of $510.65 million. Cboe Global Markets had a net margin of 5.77% and a trailing twelve-month return on equity of 20.05%. The business's revenue for the quarter was up 9.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.80 EPS.

How often does Cboe Global Markets pay dividends? What is the dividend yield for Cboe Global Markets?

Cboe Global Markets declared a quarterly dividend on Friday, February 9th. Investors of record on Thursday, February 29th will be given a dividend of $0.55 per share on Friday, March 15th. This represents a $2.20 dividend on an annualized basis and a yield of 1.23%. The ex-dividend date of this dividend is Wednesday, February 28th.
Read our dividend analysis for CBOE
.

Is Cboe Global Markets a good dividend stock?

Cboe Global Markets (BATS:CBOE) pays an annual dividend of $1.92 per share and currently has a dividend yield of 1.60%. The dividend payout ratio is 98.97%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, CBOE will have a dividend payout ratio of 28.96% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CBOE.

How will Cboe Global Markets' stock buyback program work?

Cboe Global Markets announced that its board has initiated a share buyback plan on Thursday, October 26th 2023, which allows the company to repurchase $250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 1.4% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's board believes its shares are undervalued.

Who are Cboe Global Markets' major shareholders?

Cboe Global Markets' stock is owned by a number of retail and institutional investors. Top institutional investors include Perpetual Ltd (0.38%), Allspring Global Investments Holdings LLC (0.36%), Los Angeles Capital Management LLC (0.35%), Sumitomo Mitsui Trust Holdings Inc. (0.29%), Global Assets Advisory LLC (0.08%) and Rheos Capital Works Inc. (0.08%). Insiders that own company stock include Brian N Schell, Bryan Harkins, Catherine R Clay, Christopher A Isaacson, Dave Howson, Edward T Tilly, Edward T Tilly, Janet P Froetscher, Jill Griebenow, Jill R Goodman, John P Sexton and Joseph P Ratterman.
View institutional ownership trends
.

How do I buy shares of Cboe Global Markets?

Shares of CBOE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (BATS:CBOE) was last updated on 4/23/2024 by MarketBeat.com Staff

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