Cboe Global Markets, Inc. (CBOE) to Distribute Quarterly Dividend of $0.86 on December 15th

Cboe Global Markets, Inc. (BATS:CBOE) declared a quarterly dividend on Thursday, October 22nd. Investors of record on Monday, November 30th will be paid a dividend of $0.86 per share on Tuesday, December 15th. This represents a $3.44 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Monday, November 30th.

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

Cboe Global Markets Stock Performance

Shares of CBOE stock opened at $340.42 on Friday. The business’s 50 day simple moving average is $291.19 and its 200 day simple moving average is $294.65. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21. Cboe Global Markets has a one year low of $227.15 and a one year high of $371.18. The stock has a market capitalization of $36.11 billion, a PE ratio of 175.48 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last posted its quarterly earnings data on Friday, July 31st. The company reported $3.56 earnings per share for the quarter, topping the consensus estimate of $3.49 by $0.07. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The company had revenue of $731.60 million during the quarter, compared to analysts’ expectations of $716.61 million. During the same period in the prior year, the company posted $2.46 earnings per share. Cboe Global Markets’s revenue for the quarter was up 24.6% compared to the same quarter last year. As a group, research analysts forecast that Cboe Global Markets will post 6.41 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have commented on CBOE shares. Zacks Research cut shares of Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 8th. JPMorgan Chase & Co. lifted their price objective on Cboe Global Markets from $277.00 to $288.00 and gave the stock an “underweight” rating in a research report on Tuesday, July 28th. TD Cowen lifted their price objective on Cboe Global Markets from $334.00 to $342.00 and gave the stock a “buy” rating in a research report on Monday, October 12th. Wells Fargo & Company boosted their price objective on Cboe Global Markets from $301.00 to $309.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 14th. Finally, Morgan Stanley restated an “overweight” rating and set a $450.00 target price on shares of Cboe Global Markets in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $330.27.

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.