CME Group Inc (CME) Declares Quarterly Dividend of $0.47
CME Group (NYSE:CME) declared a quarterly dividend on Tuesday, May 20th, American Banking & Market News reports. Shareholders of record on Tuesday, June 10th will be given a dividend of 0.47 per share on Wednesday, June 25th. This represents a $1.88 dividend on an annualized basis and a yield of 2.74%.
A number of research firms have recently commented on CME. Analysts at Jefferies Group reiterated a “buy” rating on shares of CME Group in a research note on Friday, May 9th. They now have a $84.00 price target on the stock, down previously from $89.00. On a related note, analysts at JPMorgan Chase & Co. reiterated a “hold” rating on shares of CME Group in a research note on Tuesday, May 6th. They now have a $69.50 price target on the stock, down previously from $76.50. Finally, analysts at Barclays reiterated an “equal weight” rating on shares of CME Group in a research note on Friday, May 2nd. They now have a $78.00 price target on the stock. Nine analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. CME Group currently has a consensus rating of “Hold” and a consensus target price of $72.41.
CME Group (NYSE:CME) traded down 2.60% on Tuesday, hitting $68.52. The stock had a trading volume of 1,689,645 shares. CME Group has a 52 week low of $62.44 and a 52 week high of $84.71. The stock’s 50-day moving average is $69.9 and its 200-day moving average is $75.41. The company has a market cap of $23.009 billion and a P/E ratio of 23.45.
CME Group (NYSE:CME) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.83 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.83. The company had revenue of $777.00 million for the quarter, compared to the consensus estimate of $368.13 million. During the same quarter in the previous year, the company posted $0.73 earnings per share. The company’s revenue for the quarter was up 8.1% on a year-over-year basis. On average, analysts predict that CME Group will post $3.39 earnings per share for the current fiscal year.
CME Group Inc (NYSE:CME) offer a range of global products across all asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate.
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