Interactive Brokers Group (IBKR) Stock Price, News & Analysis

$113.12
+1.57 (+1.41%)
(As of 04/22/2024 ET)
Today's Range
$111.85
$113.77
50-Day Range
$100.97
$114.76
52-Week Range
$70.83
$116.92
Volume
934,621 shs
Average Volume
1.19 million shs
Market Capitalization
$47.63 billion
P/E Ratio
19.34
Dividend Yield
0.35%
Price Target
$124.00

Interactive Brokers Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
9.6% Upside
$124.00 Price Target
Short Interest
Healthy
0.64% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.44
Upright™ Environmental Score
News Sentiment
0.84mentions of Interactive Brokers Group in the last 14 days
Based on 43 Articles This Week
Insider Trading
Selling Shares
$40.40 M Sold Last Quarter
Proj. Earnings Growth
-0.15%
From $6.46 to $6.45 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.

4.00 out of 5 stars

Finance Sector

312th out of 852 stocks

Security Brokers & Dealers Industry

13th out of 27 stocks

IBKR stock logo

About Interactive Brokers Group Stock (NASDAQ:IBKR)

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. It also custodies and services accounts for hedge and mutual funds, ETFs, registered investment advisors, proprietary trading groups, introducing brokers, and individual investors. In addition, the company offers custody, prime brokerage, securities, and margin lending services. It serves institutional and individual customers through electronic exchanges and market centers. The company was founded in 1977 and is headquartered in Greenwich, Connecticut.

IBKR Stock Price History

IBKR Stock News Headlines

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Interactive Brokers Group Announces 1Q2024 Results
See More Headlines
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Company Calendar

Last Earnings
1/16/2024
Ex-Dividend for 3/14 Dividend
2/29/2024
Dividend Payable
3/14/2024
Today
4/22/2024
Ex-Dividend for 6/14 Dividend
5/31/2024
Dividend Payable
6/14/2024
Next Earnings (Estimated)
7/16/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Security brokers & dealers
Sub-Industry
Specialized Finance
Current Symbol
NASDAQ:IBKR
CUSIP
45841N10
Employees
2,932
Year Founded
1977

Price Target and Rating

Average Stock Price Target
$124.00
High Stock Price Target
$152.00
Low Stock Price Target
$100.00
Potential Upside/Downside
+9.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
8 Analysts

Profitability

Net Income
$600 million
Pretax Margin
38.58%

Debt

Sales & Book Value

Annual Sales
$7.78 billion
Cash Flow
$1.69 per share
Book Value
$33.41 per share

Miscellaneous

Free Float
407,511,000
Market Cap
$47.69 billion
Optionable
Optionable
Beta
0.83

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Should I Buy Interactive Brokers Group Stock? IBKR Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Interactive Brokers Group, Inc.:

  • Interactive Brokers Group, Inc. has a strong market capitalization of $47.03 billion, indicating stability and potential for growth.
  • The company offers a diverse range of services including execution, clearance, and settlement of trades in various financial instruments like stocks, options, futures, and cryptocurrencies, catering to a wide customer base.
  • Interactive Brokers Group reported a revenue increase of 16.7% on a year-over-year basis, showcasing positive growth and financial performance.
  • The company's price-to-earnings ratio of 19.74 suggests that the stock may be undervalued compared to its earnings potential, making it an attractive investment opportunity.
  • Interactive Brokers Group's quarterly dividend payment of $0.10 per share provides investors with a steady income stream, enhancing the overall return on investment.

Cons

Investors should be bearish about investing in Interactive Brokers Group, Inc. for these reasons:

  • Interactive Brokers Group's beta of 0.83 indicates that the stock may be less volatile compared to the market average, potentially limiting short-term trading opportunities for investors seeking high volatility.
  • While the company's revenue growth is positive, the net margin of 7.72% and return on equity of 4.66% suggest lower profitability and efficiency compared to some competitors in the industry.
  • The stock's 52-week high of $112.50 may indicate a potential resistance level, posing a challenge for further price appreciation in the near term.
  • Equities analysts predicting earnings per share of 6.07 for the current year may imply a moderate growth outlook, which could impact investor sentiment and stock performance.
  • Interactive Brokers Group's 200-day moving average price of $90.54 may signal a potential support level, but investors should consider the risk of price fluctuations around this average.
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 Friday, April 12, 2024. Please send any questions or comments about these Interactive Brokers Group pros and cons to contact@marketbeat.com.

IBKR Stock Analysis - Frequently Asked Questions

Should I buy or sell Interactive Brokers Group stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Interactive Brokers Group in the last year. There are currently 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" IBKR shares.
View IBKR analyst ratings
or view top-rated stocks.

What is Interactive Brokers Group's stock price target for 2024?

8 analysts have issued twelve-month price objectives for Interactive Brokers Group's shares. Their IBKR share price targets range from $100.00 to $152.00. On average, they expect the company's share price to reach $124.00 in the next year. This suggests a possible upside of 9.6% from the stock's current price.
View analysts price targets for IBKR
or view top-rated stocks among Wall Street analysts.

How have IBKR shares performed in 2024?

Interactive Brokers Group's stock was trading at $82.90 on January 1st, 2024. Since then, IBKR shares have increased by 36.5% and is now trading at $113.12.
View the best growth stocks for 2024 here
.

Are investors shorting Interactive Brokers Group?

Interactive Brokers Group saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 2,690,000 shares, a decrease of 6.6% from the March 15th total of 2,880,000 shares. Based on an average daily volume of 1,140,000 shares, the short-interest ratio is presently 2.4 days.
View Interactive Brokers Group's Short Interest
.

When is Interactive Brokers Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 16th 2024.
View our IBKR earnings forecast
.

How were Interactive Brokers Group's earnings last quarter?

Interactive Brokers Group, Inc. (NASDAQ:IBKR) announced its quarterly earnings data on Tuesday, January, 16th. The financial services provider reported $1.52 earnings per share for the quarter, missing analysts' consensus estimates of $1.53 by $0.01. The financial services provider earned $1.14 billion during the quarter, compared to analyst estimates of $1.14 billion. Interactive Brokers Group had a trailing twelve-month return on equity of 4.72% and a net margin of 7.62%. The company's revenue for the quarter was up 16.7% compared to the same quarter last year. During the same period last year, the firm earned $1.30 earnings per share.

How often does Interactive Brokers Group pay dividends? What is the dividend yield for Interactive Brokers Group?

Interactive Brokers Group announced a quarterly dividend on Tuesday, April 16th. Shareholders of record on Friday, May 31st will be given a dividend of $0.25 per share on Friday, June 14th. This represents a $1.00 annualized dividend and a dividend yield of 0.88%. The ex-dividend date is Friday, May 31st. This is a positive change from the stock's previous quarterly dividend of $0.10.
Read our dividend analysis for IBKR
.

Is Interactive Brokers Group a good dividend stock?

Interactive Brokers Group (NASDAQ:IBKR) pays an annual dividend of $0.40 per share and currently has a dividend yield of 0.36%. The dividend payout ratio is 6.84%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IBKR will have a dividend payout ratio of 6.20% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for IBKR.

What is Thomas Peterffy's approval rating as Interactive Brokers Group's CEO?

114 employees have rated Interactive Brokers Group Chief Executive Officer Thomas Peterffy on Glassdoor.com. Thomas Peterffy has an approval rating of 59% among the company's employees. This puts Thomas Peterffy in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Interactive Brokers Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Interactive Brokers Group investors own include NVIDIA (NVDA), Netflix (NFLX), JPMorgan Chase & Co. (JPM), Rite Aid (RAD), Mastercard (MA), Tesla (TSLA), Micron Technology (MU), Alibaba Group (BABA), Activision Blizzard (ATVI) and Johnson & Johnson (JNJ).

Who are Interactive Brokers Group's major shareholders?

Interactive Brokers Group's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Raymond James & Associates (0.10%), Norden Group LLC (0.02%), Allspring Global Investments Holdings LLC (0.02%), Factory Mutual Insurance Co. (0.01%), State of Michigan Retirement System (0.01%) and Insight Wealth Strategies LLC (0.00%). Insiders that own company stock include Arne Alexander Wilhelmsen, Denis Mendonca, Earl H Nemser, Hongming Chen, Paul Jonathan Brody, Philip Uhde, Shelby J Butterfield, Thomas Aj Frank, Thomas Peterffy and Tracy Austin Stevenson.
View institutional ownership trends
.

How do I buy shares of Interactive Brokers Group?

Shares of IBKR 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 (NASDAQ:IBKR) was last updated on 4/23/2024 by MarketBeat.com Staff

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