Interactive Brokers Group Inc. (IBKR) Shares Gap Up to $35.31
Interactive Brokers Group Inc. (NASDAQ:IBKR) shares gapped up prior to trading on Monday . The stock had previously closed at $35.27, but opened at $35.31. Interactive Brokers Group shares last traded at $35.92, with a volume of 177,760 shares traded.
Several research analysts recently issued reports on IBKR shares. Buckingham Research started coverage on shares of Interactive Brokers Group in a research report on Thursday, May 12th. They issued a “neutral” rating and a $38.00 target price for the company. Zacks Investment Research lowered shares of Interactive Brokers Group from a “hold” rating to a “sell” rating in a research report on Wednesday, July 13th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company’s stock. Interactive Brokers Group has an average rating of “Hold” and an average price target of $40.58.
The firm has a market capitalization of $2.41 billion and a price-to-earnings ratio of 23.78. The firm has a 50 day moving average of $35.43 and a 200-day moving average of $36.93.
Interactive Brokers Group (NASDAQ:IBKR) last posted its quarterly earnings data on Tuesday, July 19th. The company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.35 by $0.01. The firm had revenue of $369 million for the quarter, compared to the consensus estimate of $373.43 million. On average, analysts anticipate that Interactive Brokers Group Inc. will post $1.67 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 14th. Investors of record on Thursday, September 1st will be paid a dividend of $0.10 per share. The ex-dividend date is Tuesday, August 30th. This represents a $0.40 annualized dividend and a dividend yield of 1.11%.
Interactive Brokers Group, Inc (IBG, Inc) is a holding company. The Company is an automated global electronic broker and market maker specializing in routing orders, and executing and processing trades in securities, futures, foreign exchange instruments, bonds and mutual funds on over 100 electronic exchanges and trading venues around the world.