Interactive Brokers Group (NASDAQ:IBKR) Price Target Raised to $93.00

Interactive Brokers Group (NASDAQ:IBKR) had its target price boosted by investment analysts at BMO Capital Markets from $80.00 to $93.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm presently has an “outperform” rating on the financial services provider’s stock. BMO Capital Markets’ price target indicates a potential upside of 18.79% from the stock’s current price.

Several other equities analysts have also recently weighed in on IBKR. Keefe, Bruyette & Woods started coverage on Interactive Brokers Group in a report on Wednesday, April 8th. They set a “market perform” rating and a $75.00 price objective on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Interactive Brokers Group in a research note on Monday, December 29th. Barclays raised their target price on shares of Interactive Brokers Group from $85.00 to $93.00 and gave the stock an “overweight” rating in a report on Wednesday. Jefferies Financial Group reduced their price target on shares of Interactive Brokers Group from $91.00 to $81.00 and set a “buy” rating for the company in a report on Monday, April 6th. Finally, Piper Sandler increased their price objective on shares of Interactive Brokers Group from $80.00 to $88.00 and gave the stock an “overweight” rating in a research report on Wednesday. Seven investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $82.38.

Interactive Brokers Group Stock Down 1.7%

Shares of IBKR traded down $1.33 during trading hours on Wednesday, reaching $78.29. The stock had a trading volume of 2,856,528 shares, compared to its average volume of 4,956,085. The company has a market cap of $132.81 billion, a P/E ratio of 35.32, a P/E/G ratio of 2.25 and a beta of 1.25. Interactive Brokers Group has a 52 week low of $40.19 and a 52 week high of $82.88. The firm has a 50-day moving average of $71.04 and a 200 day moving average of $69.57.

Interactive Brokers Group (NASDAQ:IBKR) last posted its earnings results on Tuesday, April 21st. The financial services provider reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.03. Interactive Brokers Group had a return on equity of 5.12% and a net margin of 9.44%.The firm had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.69 billion. During the same period in the previous year, the company posted $1.94 earnings per share. The company’s revenue for the quarter was up 17.0% on a year-over-year basis. As a group, equities analysts expect that Interactive Brokers Group will post 2.45 earnings per share for the current year.

Insider Transactions at Interactive Brokers Group

In other Interactive Brokers Group news, Vice Chairman Earl H. Nemser sold 60,200 shares of Interactive Brokers Group stock in a transaction on Tuesday, January 27th. The shares were sold at an average price of $75.30, for a total value of $4,533,060.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last quarter, insiders sold 400,000 shares of company stock valued at $30,725,122. 2.80% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Interactive Brokers Group

Several hedge funds have recently modified their holdings of the stock. Murphy & Mullick Capital Management Corp bought a new position in shares of Interactive Brokers Group during the 3rd quarter worth approximately $27,000. Reflection Asset Management acquired a new position in shares of Interactive Brokers Group during the 4th quarter worth approximately $26,000. IMA Advisory Services Inc. raised its stake in Interactive Brokers Group by 64.3% in the 4th quarter. IMA Advisory Services Inc. now owns 455 shares of the financial services provider’s stock valued at $29,000 after acquiring an additional 178 shares during the period. Tobam acquired a new stake in Interactive Brokers Group during the 4th quarter valued at $30,000. Finally, Entrust Financial LLC acquired a new stake in Interactive Brokers Group during the 4th quarter valued at $31,000. Institutional investors own 23.80% of the company’s stock.

Key Interactive Brokers Group News

Here are the key news stories impacting Interactive Brokers Group this week:

• Positive Sentiment: Company-reported retail and institutional accounts jumped ~32% year-over-year in Q1 — a meaningful user-growth signal that can drive future commissions, interest income and assets under custody. Individual-investor ranks are burgeoning
• Positive Sentiment: Two brokerages boosted ratings/targets: Barclays raised its price target to $93 (overweight) and Piper Sandler to $88 (overweight), creating conspicuous upside relative to the current stock level and supporting near-term buyer interest. Barclays price-target raise Piper Sandler price-target raise
• Positive Sentiment: Interactive Brokers raised its quarterly dividend ~9.4% to $0.0875 per share, increasing capital return to shareholders and signaling management confidence in cash flow. (Ex-dividend and payment dates set for June.)
• Positive Sentiment: Regulatory change: the SEC’s removal of the $25k PDT rule (replacement with a modern intraday margin framework) should expand day‑trading addressable market and may benefit IBKR’s retail volumes over time. PDT rule is on its way out
• Neutral Sentiment: Small institutional buying reported: Asset Management One added ~8,870 shares — a modest position increase that is supportive but not market-moving. Asset Management One buys shares
• Neutral Sentiment: Full Q1 earnings call transcript and previews are available for investors parsing management commentary on margin drivers and client behavior; investors should scan for guidance on client metrics and interest income. Earnings call transcript
• Negative Sentiment: Q1 revenue missed the Street: IBKR reported $1.68B vs. consensus ~ $1.69B, and commentary/metrics around trading volumes and interest income were read as soft, which prompted an initial negative market reaction. Shares fall after Q1 revenue miss
• Negative Sentiment: Mixed earnings print: EPS was roughly $0.60 (around or slightly above some Street estimates but below others), producing headlines that Q1 earnings and revenues “lagged” expectations — a near-term headwind for the share price until clarity on margin trends and client activity arrives. Earnings and revenues lag estimates

Interactive Brokers Group Company Profile

Interactive Brokers Group, Inc (NASDAQ: IBKR) is a global electronic brokerage holding company that provides trading, clearing and custody services to retail traders, institutional investors, proprietary trading groups and financial advisors. The firm offers direct access to a wide range of asset classes, including equities, options, futures, foreign exchange, bonds and exchange-traded funds across many international markets. Interactive Brokers emphasizes electronic order execution, automated trading and low transaction costs as core differentiators for its clients.

Its product suite centers on advanced trading platforms and infrastructure.