BMO Capital Markets Forecasts Strong Price Appreciation for Interactive Brokers Group (NASDAQ:IBKR) Stock

Interactive Brokers Group (NASDAQ:IBKRGet Free Report) had its target price lifted by research analysts at BMO Capital Markets from $80.00 to $82.00 in a research note issued on Wednesday, Marketbeat.com reports. The brokerage currently has an “outperform” rating on the financial services provider’s stock. BMO Capital Markets’ target price suggests a potential upside of 6.46% from the stock’s previous close.

IBKR has been the topic of several other research reports. CICC Research initiated coverage on Interactive Brokers Group in a report on Monday, October 27th. They set an “outperform” rating and a $78.00 price target on the stock. Zacks Research downgraded shares of Interactive Brokers Group from a “strong-buy” rating to a “hold” rating in a report on Friday, December 26th. Weiss Ratings reissued a “hold (c)” rating on shares of Interactive Brokers Group in a research report on Monday, December 29th. Barclays set a $83.00 price target on Interactive Brokers Group and gave the company an “overweight” rating in a research report on Wednesday. Finally, Piper Sandler set a $80.00 price objective on Interactive Brokers Group and gave the stock an “overweight” rating in a research report on Tuesday, October 14th. Eight research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $75.13.

Get Our Latest Report on IBKR

Interactive Brokers Group Price Performance

Shares of NASDAQ:IBKR opened at $77.02 on Wednesday. The stock has a market capitalization of $130.64 billion, a P/E ratio of 34.77, a P/E/G ratio of 2.06 and a beta of 1.24. The business has a 50-day moving average of $66.70 and a two-hundred day moving average of $65.81. Interactive Brokers Group has a fifty-two week low of $32.82 and a fifty-two week high of $77.77.

Interactive Brokers Group (NASDAQ:IBKRGet Free Report) last issued its quarterly earnings data on Tuesday, January 20th. The financial services provider reported $0.65 EPS for the quarter, beating analysts’ consensus estimates of $0.50 by $0.15. Interactive Brokers Group had a return on equity of 5.12% and a net margin of 9.44%.The business had revenue of $1.67 billion for the quarter, compared to analyst estimates of $1.58 billion. During the same quarter in the prior year, the firm posted $0.51 EPS. The firm’s revenue for the quarter was up 18.5% on a year-over-year basis. As a group, research analysts expect that Interactive Brokers Group will post 7.46 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Lawrence E. Harris sold 10,645 shares of the business’s stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $69.00, for a total transaction of $734,505.00. Following the transaction, the director directly owned 198,704 shares in the company, valued at $13,710,576. The trade was a 5.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders sold 25,000 shares of company stock worth $1,731,503 over the last 90 days. 2.97% of the stock is owned by company insiders.

Institutional Trading of Interactive Brokers Group

Institutional investors have recently modified their holdings of the company. Vanguard Group Inc. lifted its position in Interactive Brokers Group by 26.4% in the third quarter. Vanguard Group Inc. now owns 52,859,085 shares of the financial services provider’s stock worth $3,637,234,000 after purchasing an additional 11,048,679 shares during the period. State Street Corp raised its stake in shares of Interactive Brokers Group by 23.2% in the 3rd quarter. State Street Corp now owns 18,648,758 shares of the financial services provider’s stock valued at $1,283,221,000 after buying an additional 3,517,729 shares in the last quarter. Cantillon Capital Management LLC raised its stake in shares of Interactive Brokers Group by 288.7% in the 2nd quarter. Cantillon Capital Management LLC now owns 12,803,631 shares of the financial services provider’s stock valued at $709,449,000 after buying an additional 9,509,805 shares in the last quarter. Wellington Management Group LLP lifted its holdings in shares of Interactive Brokers Group by 17.6% during the 3rd quarter. Wellington Management Group LLP now owns 10,901,171 shares of the financial services provider’s stock worth $750,110,000 after acquiring an additional 1,630,620 shares during the period. Finally, Greenwich Wealth Management LLC boosted its position in shares of Interactive Brokers Group by 301.6% during the 2nd quarter. Greenwich Wealth Management LLC now owns 10,864,532 shares of the financial services provider’s stock valued at $602,004,000 after acquiring an additional 8,159,175 shares in the last quarter. Institutional investors and hedge funds own 23.80% of the company’s stock.

Trending Headlines about Interactive Brokers Group

Here are the key news stories impacting Interactive Brokers Group this week:

  • Positive Sentiment: Q4 earnings described as a “blowout” and an upgrade to the stock’s price target helped push shares toward record levels. Interactive Brokers soars to all-time high
  • Positive Sentiment: Report notes roughly 1 million new accounts and sharply higher client activity, supporting revenue growth and DA/DRT metrics that drive recurring fees and commissions. 1M new accounts pour in
  • Positive Sentiment: Company beat Q4 EPS and revenue expectations, with year-over-year revenue growth and expense declines boosting profitability and daily average revenue trades. Zacks: Q4 earnings beat
  • Positive Sentiment: Several sell-side analysts raised forecasts and price targets after the quarter, citing stronger-than-expected results and account growth. Analysts boost forecasts
  • Positive Sentiment: BMO Capital Markets moved its price target higher and kept an outperform rating, adding institutional momentum to the bullish story. BMO raises PT
  • Positive Sentiment: Management commentary from the earnings call reinforced strength in client flows, revenue drivers, and cost control — supporting forward expectations. Earnings call transcript
  • Neutral Sentiment: The company declared a small quarterly dividend (0.08 per share; ~0.4% yield), a modest shareholder-friendly move but not material to total return.
  • Neutral Sentiment: Coverage pieces note Wall Street optimism and a “moderate buy” consensus; these help sentiment but are incremental versus the earnings print. Wall Street bulls: should you buy?
  • Negative Sentiment: Some market coverage noted investors “shrugged off” the beat in certain sessions, and there was intraday selling pressure at points despite the strong fundamentals. Markets shrug off quarterly beat
  • Neutral Sentiment: Media summaries and highlights from Yahoo/Seeking Alpha amplify the results and call out “record growth” metrics, reinforcing the same signals to investors. Earnings highlights

Interactive Brokers Group Company Profile

(Get Free Report)

Interactive Brokers Group, Inc (NASDAQ: IBKR) is a global electronic brokerage holding company that provides trading, clearing and custody services to retail traders, institutional investors, proprietary trading groups and financial advisors. The firm offers direct access to a wide range of asset classes, including equities, options, futures, foreign exchange, bonds and exchange-traded funds across many international markets. Interactive Brokers emphasizes electronic order execution, automated trading and low transaction costs as core differentiators for its clients.

Its product suite centers on advanced trading platforms and infrastructure.

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