Interactive Brokers Group Inc. (NASDAQ:IBKR) announced a quarterly dividend on Wednesday, October 19th. Investors of record on Thursday, December 1st will be given a dividend of 0.10 per share on Wednesday, December 14th. This represents a $0.40 dividend on an annualized basis and a yield of 1.06%. The ex-dividend date is Tuesday, November 29th.
Shares of Interactive Brokers Group (NASDAQ:IBKR) opened at 37.76 on Monday. The company’s 50-day moving average is $35.42 and its 200-day moving average is $36.04. The firm has a market cap of $2.57 billion, a P/E ratio of 25.88 and a beta of 0.97. Interactive Brokers Group has a 52-week low of $29.50 and a 52-week high of $44.85.
Interactive Brokers Group (NASDAQ:IBKR) last issued its quarterly earnings results on Tuesday, October 18th. The company reported $0.30 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.32 by $0.02. The company earned $345 million during the quarter, compared to analysts’ expectations of $330.70 million. Interactive Brokers Group had a return on equity of 1.72% and a net margin of 6.26%. The company’s revenue for the quarter was down 3.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.35 EPS. Equities research analysts forecast that Interactive Brokers Group will post $1.59 earnings per share for the current fiscal year.
Separately, Zacks Investment Research raised Interactive Brokers Group from a “sell” rating to a “hold” rating in a research note on Monday, November 21st. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the stock. Interactive Brokers Group presently has a consensus rating of “Hold” and a consensus target price of $40.58.
Large investors have recently made changes to their positions in the company. BOKF NA acquired a new stake in shares of Interactive Brokers Group during the second quarter worth approximately $218,000. Summit Securities Group LLC acquired a new stake in shares of Interactive Brokers Group during the second quarter worth approximately $264,000. BlackRock Inc. raised its stake in shares of Interactive Brokers Group by 60.6% in the second quarter. BlackRock Inc. now owns 7,756 shares of the company’s stock worth $274,000 after buying an additional 2,927 shares during the last quarter. Cubist Systematic Strategies LLC acquired a new stake in shares of Interactive Brokers Group during the second quarter worth approximately $296,000. Finally, Menta Capital LLC acquired a new stake in shares of Interactive Brokers Group during the second quarter worth approximately $327,000. Hedge funds and other institutional investors own 86.02% of the company’s stock.
About Interactive Brokers Group