Cboe Global Markets, Inc. to Issue Quarterly Dividend of $0.63 (NASDAQ:CBOE)

Cboe Global Markets, Inc. (NASDAQ:CBOE) announced a quarterly dividend on Wednesday, February 12th, RTT News reports. Investors of record on Friday, February 28th will be given a dividend of 0.63 per share on Friday, March 14th. This represents a $2.52 dividend on an annualized basis and a yield of 1.21%. The ex-dividend date is Friday, February 28th.

Cboe Global Markets has increased its dividend payment by an average of 9.5% annually over the last three years.

Cboe Global Markets Trading Down 1.3 %

NASDAQ CBOE opened at $208.06 on Wednesday. Cboe Global Markets has a 12-month low of $166.13 and a 12-month high of $221.66. The business has a fifty day moving average price of $200.47. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $21.78 billion, a price-to-earnings ratio of 28.82, a P/E/G ratio of 1.75 and a beta of 0.68.

Cboe Global Markets (NASDAQ:CBOE) last announced its earnings results on Friday, February 7th. The company reported $2.10 earnings per share for the quarter, missing the consensus estimate of $2.14 by ($0.04). Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%. During the same period in the previous year, the company earned $2.06 EPS. As a group, sell-side analysts predict that Cboe Global Markets will post 8.96 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on CBOE shares. William Blair began coverage on shares of Cboe Global Markets in a research note on Thursday, January 9th. They issued a “market perform” rating for the company. Oppenheimer lowered their price objective on shares of Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating for the company in a research note on Monday, January 13th. Bank of America boosted their price objective on shares of Cboe Global Markets from $245.00 to $251.00 and gave the company a “buy” rating in a report on Monday, February 10th. StockNews.com upgraded Cboe Global Markets from a “sell” rating to a “hold” rating in a research note on Thursday, February 20th. Finally, Jefferies Financial Group dropped their price target on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a research note on Thursday, January 9th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, Cboe Global Markets presently has an average rating of “Hold” and a consensus target price of $206.86.

Insider Activity at Cboe Global Markets

In other news, EVP Dave Howson sold 11,036 shares of the firm’s stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $206.01, for a total transaction of $2,273,526.36. Following the sale, the executive vice president now owns 8,025 shares of the company’s stock, valued at $1,653,230.25. This trade represents a 57.90 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Adam Inzirillo sold 200 shares of Cboe Global Markets stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $209.67, for a total transaction of $41,934.00. Following the transaction, the executive vice president now directly owns 1,993 shares of the company’s stock, valued at approximately $417,872.31. This trade represents a 9.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 11,316 shares of company stock worth $2,332,393 over the last three months. Company insiders own 0.22% of the company’s stock.

Cboe Global Markets Company Profile

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.