Wall Street analysts expect CBOE Holdings, Inc. (NASDAQ:CBOE) to report sales of $267.10 million for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for CBOE’s earnings, with estimates ranging from $266.58 million to $268.02 million. CBOE posted sales of $163.24 million during the same quarter last year, which would indicate a positive year over year growth rate of 63.6%. The company is scheduled to announce its next quarterly earnings report on Monday, February 5th.

According to Zacks, analysts expect that CBOE will report full-year sales of $267.10 million for the current year, with estimates ranging from $996.80 million to $998.02 million. For the next year, analysts forecast that the firm will report sales of $1.14 billion per share, with estimates ranging from $1.12 billion to $1.16 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of research firms that follow CBOE.

CBOE (NASDAQ:CBOE) last issued its earnings results on Tuesday, November 7th. The financial services provider reported $0.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.88 by $0.01. The business had revenue of $269.70 million for the quarter, compared to analyst estimates of $270.14 million. CBOE had a net margin of 10.55% and a return on equity of 14.70%. The company’s revenue for the quarter was up 98.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.72 EPS.

Several equities research analysts recently weighed in on CBOE shares. Bank of America increased their price objective on shares of CBOE from $113.00 to $120.00 and gave the stock a “buy” rating in a research note on Monday, October 9th. Zacks Investment Research upgraded shares of CBOE from a “hold” rating to a “buy” rating and set a $121.00 price objective on the stock in a research note on Monday, October 9th. Deutsche Bank increased their price objective on shares of CBOE from $88.00 to $89.00 and gave the stock a “hold” rating in a research note on Monday, August 7th. BidaskClub upgraded shares of CBOE from a “buy” rating to a “strong-buy” rating in a research note on Thursday, August 10th. Finally, Jefferies Group reiterated a “hold” rating and set a $92.00 price objective on shares of CBOE in a research note on Tuesday, October 3rd. Eight analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. CBOE has an average rating of “Buy” and an average target price of $105.36.

Shares of CBOE (NASDAQ:CBOE) opened at $124.25 on Friday. The firm has a market cap of $14,010.00, a PE ratio of 38.94, a P/E/G ratio of 2.07 and a beta of 0.49. CBOE has a 12 month low of $69.95 and a 12 month high of $125.04. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.57 and a current ratio of 1.57.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be given a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 0.87%. The ex-dividend date is Thursday, November 30th. CBOE’s dividend payout ratio (DPR) is 58.38%.

In other CBOE news, Director Christopher Mitchell sold 670 shares of the company’s stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $120.89, for a total value of $80,996.30. Following the completion of the transaction, the director now owns 8,808 shares in the company, valued at approximately $1,064,799.12. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Chairman Edward T. Tilly sold 5,000 shares of the company’s stock in a transaction dated Monday, September 11th. The stock was sold at an average price of $105.52, for a total transaction of $527,600.00. Following the completion of the transaction, the chairman now owns 75,611 shares of the company’s stock, valued at approximately $7,978,472.72. The disclosure for this sale can be found here. In the last 90 days, insiders sold 9,670 shares of company stock valued at $1,045,076. 1.86% of the stock is owned by insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. FMR LLC grew its position in CBOE by 16.1% in the 2nd quarter. FMR LLC now owns 10,979,841 shares of the financial services provider’s stock worth $1,003,557,000 after purchasing an additional 1,519,882 shares during the last quarter. Vanguard Group Inc. grew its position in CBOE by 23.8% in the 2nd quarter. Vanguard Group Inc. now owns 9,823,514 shares of the financial services provider’s stock worth $897,869,000 after purchasing an additional 1,886,113 shares during the last quarter. BlackRock Inc. grew its position in CBOE by 30.7% in the 2nd quarter. BlackRock Inc. now owns 6,411,674 shares of the financial services provider’s stock worth $586,026,000 after purchasing an additional 1,507,072 shares during the last quarter. State Street Corp grew its position in CBOE by 17.2% in the 2nd quarter. State Street Corp now owns 4,114,972 shares of the financial services provider’s stock worth $376,120,000 after purchasing an additional 604,328 shares during the last quarter. Finally, Artisan Partners Limited Partnership boosted its holdings in shares of CBOE by 2.2% in the third quarter. Artisan Partners Limited Partnership now owns 2,318,655 shares of the financial services provider’s stock valued at $249,557,000 after acquiring an additional 50,004 shares in the last quarter. Hedge funds and other institutional investors own 84.08% of the company’s stock.

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CBOE Company Profile

Cboe Global Markets, Inc, formerly CBOE Holdings, Inc, is a holding company. The Company provides trading and investment solutions to investors around the world. It offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, United States and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the Cboe Volatility Index (VIX Index).

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Earnings History and Estimates for CBOE (NASDAQ:CBOE)

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