What is William Blair’s Forecast for CBOE FY2024 Earnings?

Cboe Global Markets, Inc. (NASDAQ:CBOE) – Equities researchers at William Blair issued their FY2024 earnings per share estimates for Cboe Global Markets in a report released on Thursday, January 9th. William Blair analyst J. Schmitt anticipates that the company will earn $8.63 per share for the year. William Blair has a “Market Perform” rating on the stock. The consensus estimate for Cboe Global Markets’ current full-year earnings is $8.66 per share. William Blair also issued estimates for Cboe Global Markets’ Q4 2024 earnings at $2.12 EPS, FY2025 earnings at $9.05 EPS and FY2026 earnings at $9.65 EPS.

Other research analysts also recently issued research reports about the stock. The Goldman Sachs Group downgraded shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 target price on the stock. in a report on Monday, January 6th. Oppenheimer dropped their price objective on Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating on the stock in a research note on Monday. StockNews.com downgraded Cboe Global Markets from a “hold” rating to a “sell” rating in a research note on Friday. Keefe, Bruyette & Woods dropped their price target on Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating on the stock in a research report on Monday. Finally, Jefferies Financial Group dropped their target price on shares of Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a research report on Thursday, January 9th. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, Cboe Global Markets presently has an average rating of “Hold” and a consensus target price of $198.83.

Cboe Global Markets Trading Up 0.9 %

Shares of Cboe Global Markets stock opened at $192.72 on Monday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.39 and a quick ratio of 1.39. The business has a fifty day moving average price of $201.78. The firm has a market capitalization of $20.18 billion, a PE ratio of 26.26, a price-to-earnings-growth ratio of 1.71 and a beta of 0.68. Cboe Global Markets has a 1-year low of $166.13 and a 1-year high of $221.66.

Cboe Global Markets Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 29th were issued a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.31%. The ex-dividend date was Friday, November 29th. Cboe Global Markets’s payout ratio is 34.33%.

Institutional Trading of Cboe Global Markets

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CBOE. Rehmann Capital Advisory Group lifted its holdings in shares of Cboe Global Markets by 5.3% during the third quarter. Rehmann Capital Advisory Group now owns 1,253 shares of the company’s stock valued at $257,000 after acquiring an additional 63 shares during the period. Coldstream Capital Management Inc. increased its stake in shares of Cboe Global Markets by 5.3% in the third quarter. Coldstream Capital Management Inc. now owns 1,318 shares of the company’s stock valued at $269,000 after buying an additional 66 shares in the last quarter. Sunbelt Securities Inc. raised its holdings in shares of Cboe Global Markets by 3.4% in the third quarter. Sunbelt Securities Inc. now owns 2,152 shares of the company’s stock valued at $441,000 after buying an additional 71 shares during the last quarter. Fortem Financial Group LLC raised its holdings in shares of Cboe Global Markets by 1.6% in the fourth quarter. Fortem Financial Group LLC now owns 6,119 shares of the company’s stock valued at $1,196,000 after buying an additional 99 shares during the last quarter. Finally, Harbor Capital Advisors Inc. lifted its position in Cboe Global Markets by 5.7% during the 4th quarter. Harbor Capital Advisors Inc. now owns 3,134 shares of the company’s stock worth $612,000 after buying an additional 170 shares in the last quarter. Institutional investors own 82.67% of the company’s stock.

About Cboe Global Markets

Cboe Global Markets, Inc is one of the largest stock exchange operators by volume in the United States and a leading market globally for ETP trading. Cboe offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, U.S. and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the VIX Index.