Share on StockTwits

Shares of CME Group (NYSE:CME) have earned a consensus recommendation of “Hold” from the sixteen analysts that are covering the stock, American Banking & Market News reports. Eight investment analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $78.11.

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. Separately, 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.

In other CME Group news, CEO Phupinder Gill sold 49,000 shares of the stock in a transaction dated Monday, June 2nd. The stock was sold at an average price of $71.66, for a total value of $3,511,340.00. The transaction was disclosed in a filing with the SEC, which is available at this link.

CME Group (NYSE:CME) traded up 0.03% on Friday, hitting $69.53. 225,087 shares of the company’s stock traded hands. CME Group has a 52-week low of $66.44 and a 52-week high of $84.71. The stock has a 50-day moving average of $70.40 and a 200-day moving average of $74.93. The company has a market cap of $23.348 billion and a P/E ratio of 23.17.

CME Group (NYSE:CME) last released its earnings data on Thursday, May 1st. The company reported $0.83 EPS for the quarter, meeting the Thomson Reuters 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 prior year, the company posted $0.73 earnings per share. The company’s quarterly revenue was up 8.1% on a year-over-year basis. Analysts expect that CME Group will post $3.33 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Wednesday, June 25th. Shareholders of record on Tuesday, June 10th will be given a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a yield of 2.70%. The ex-dividend date of this dividend is Friday, June 6th.

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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.