Cboe Global Markets, Inc. (CBOE) to Issue Quarterly Dividend of $0.72 on June 15th

Cboe Global Markets, Inc. (BATS:CBOE) declared a quarterly dividend on Thursday, May 14th. Shareholders of record on Friday, May 29th will be paid a dividend of 0.72 per share on Monday, June 15th. This represents a c) annualized dividend and a yield of 0.8%. The ex-dividend date is Friday, May 29th.

Cboe Global Markets has increased its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 1 consecutive years.

Cboe Global Markets Stock Up 1.2%

Shares of BATS:CBOE opened at $363.02 on Friday. The business’s 50 day simple moving average is $303.68 and its two-hundred day simple moving average is $277.22. The firm has a market cap of $38.50 billion, a P/E ratio of 187.12 and a beta of 0.61. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21. Cboe Global Markets has a 52-week low of $217.85 and a 52-week high of $367.91.

Cboe Global Markets (BATS:CBOE) last announced its quarterly earnings results on Friday, May 1st. The company reported $3.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.37 by $0.33. The business had revenue of $728.90 million for the quarter, compared to analyst estimates of $688.36 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%.The company’s quarterly revenue was up 29.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.50 earnings per share. As a group, research analysts forecast that Cboe Global Markets will post 6.41 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have issued reports on CBOE shares. Zacks Research lowered Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a report on Friday, May 8th. Loop Capital set a $382.00 price target on Cboe Global Markets in a report on Monday, May 4th. Piper Sandler increased their price target on Cboe Global Markets from $295.00 to $321.00 and gave the stock an “overweight” rating in a report on Wednesday, April 15th. Barclays increased their price target on Cboe Global Markets from $351.00 to $382.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Finally, Erste Group Bank started coverage on Cboe Global Markets in a report on Tuesday. They issued a “buy” rating on the stock. Five investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Cboe Global Markets currently has an average rating of “Hold” and a consensus price target of $322.60.

Cboe Global Markets Company Profile

Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange worldwide. It operates through six segments: Options, North American Equities, Europe and Asia Pacific, Futures, Global FX, and Digital. The Options segment trades in listed market indices. The North American Equities segment trades in listed U.S. and Canadian equities. This segment also offers exchange-traded products (ETP) transaction and listing services. The Europe and Asia Pacific segment provides pan-European listed equities and derivatives transaction services, ETPs, exchange-traded commodities, and international depository receipts, as well as ETP listings and clearing services.