Nasdaq - NDAQ Stock Forecast, Price & News

Nasdaq, Inc. operates as a technology company that serves capital markets and other industries worldwide. The Market Technology segment includes anti financial crime technology business, which offers Nasdaq Trade Surveillance, a SaaS solution for brokers and other market participants to assist them in complying with market rules, regulations, and internal market surveillance policies; Nasdaq Automated Investigator, a cloud-deployed anti-money laundering tool; and Verafin, a SaaS technology provider of anti-financial crime management solutions. This segment also handles assets, such as cash equities, equity derivatives, currencies, interest-bearing securities, commodities, energy products, and digital currencies. The Investment Intelligence segment sells and distributes historical and real-time market data; develops and licenses Nasdaq-branded indexes and financial products; and provides investment insights and workflow solutions. The Corporate Platforms segment operates listing platforms; and offers investor relations intelligence and governance solutions. As of December 31, 2021, it had 4,178 companies listed securities on The Nasdaq Stock Market, including 1,632 listings on The Nasdaq Global Select Market; 1,169 on The Nasdaq Global Market; and 1,377 on The Nasdaq Capital Market. The Market Services segment includes equity derivative trading and clearing, cash equity trading, fixed income and commodities trading and clearing, and trade management service businesses. This segment operates various exchanges and other marketplace facilities across various asset classes, which include derivatives, commodities, cash equity, debt, structured products, and exchange traded products; and provides broker, clearing, settlement, and central depository services. The company was formerly known as The NASDAQ OMX Group, Inc. and changed its name to Nasdaq, Inc. in September 2015. Nasdaq, Inc. was founded in 1971 and is headquartered in New York, New York.

Nasdaq Trading Down 0.0 %

Shares of NDAQ Stock opened at $186.57 on Friday. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.94 and a quick ratio of 0.94. The company has a market cap of $30.72 billion, a price-to-earnings ratio of 27.56, a PEG ratio of 2.87 and a beta of 0.95. The stock has a 50 day simple moving average of $162.35 and a 200-day simple moving average of $166.10. Nasdaq has a 1-year low of $140.31 and a 1-year high of $214.96.

Nasdaq's stock is scheduled to split on Monday, August 29th. The 3-1 split was announced on Wednesday, July 20th. The newly issued shares will be issued to shareholders after the market closes on Friday, August 26th.

Nasdaq (NASDAQ:NDAQ - Get Rating) last posted its quarterly earnings data on Wednesday, July 20th. The financial services provider reported $2.07 EPS for the quarter, beating the consensus estimate of $1.91 by $0.16. Nasdaq had a return on equity of 21.14% and a net margin of 19.25%. The firm had revenue of $893.00 million during the quarter, compared to the consensus estimate of $881.86 million. During the same period in the prior year, the company earned $1.90 EPS. The firm's revenue was up 5.6% compared to the same quarter last year. On average, equities research analysts expect that Nasdaq will post 7.98 EPS for the current fiscal year.

Nasdaq Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 30th. Investors of record on Friday, September 16th will be paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 0.43%. The ex-dividend date of this dividend is Thursday, September 15th. Nasdaq's dividend payout ratio is currently 35.45%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. StockNews.com upgraded Nasdaq from a "sell" rating to a "hold" rating in a report on Thursday, July 21st. Deutsche Bank Aktiengesellschaft upped their target price on Nasdaq from $175.00 to $188.00 in a research report on Thursday, July 21st. Rosenblatt Securities upped their price objective on Nasdaq from $199.00 to $204.00 and gave the stock a "neutral" rating in a research report on Thursday, April 21st. Jefferies Financial Group lowered their price objective on Nasdaq from $182.00 to $174.00 in a research report on Monday, June 27th. Finally, Morgan Stanley lowered their price objective on Nasdaq from $239.00 to $197.00 and set an "overweight" rating on the stock in a research report on Tuesday, July 19th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $205.27.

Insider Activity at Nasdaq

In related news, EVP Roland Chai sold 2,832 shares of the stock in a transaction on Thursday, July 21st. The stock was sold at an average price of $170.89, for a total value of $483,960.48. Following the completion of the transaction, the executive vice president now directly owns 7,657 shares of the company's stock, valued at approximately $1,308,504.73. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other Nasdaq news, EVP Roland Chai sold 2,832 shares of the company's stock in a transaction on Thursday, July 21st. The stock was sold at an average price of $170.89, for a total value of $483,960.48. Following the completion of the sale, the executive vice president now directly owns 7,657 shares in the company, valued at approximately $1,308,504.73. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Jeremy Skule sold 1,400 shares of the company's stock in a transaction on Friday, June 24th. The shares were sold at an average price of $160.00, for a total value of $224,000.00. Following the completion of the sale, the executive vice president now owns 21,504 shares of the company's stock, valued at $3,440,640. The disclosure for this sale can be found here. In the last ninety days, insiders sold 5,311 shares of company stock valued at $893,290. 0.68% of the stock is owned by insiders.