Cboe Global Markets, Inc. (NASDAQ:CBOE) Declares $0.63 Quarterly Dividend

Cboe Global Markets, Inc. (NASDAQ:CBOE) declared a quarterly dividend on Tuesday, February 11th,RTT News reports. Stockholders 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 dividend yield of 1.21%.

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

Cboe Global Markets Stock Down 0.8 %

Shares of CBOE traded down $1.71 during trading hours on Tuesday, reaching $208.00. 1,001,364 shares of the company traded hands, compared to its average volume of 774,043. The company’s fifty day moving average price is $199.48. Cboe Global Markets has a fifty-two week low of $166.13 and a fifty-two week high of $221.66. The company has a market cap of $21.77 billion, a PE ratio of 28.34, a PEG ratio of 2.14 and a beta of 0.68. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.39 and a quick ratio of 1.39.

Cboe Global Markets (NASDAQ:CBOE) last issued its quarterly earnings results on Friday, February 7th. The company reported $2.10 EPS for the quarter, missing analysts’ consensus estimates of $2.14 by ($0.04). Cboe Global Markets had a return on equity of 22.33% and a net margin of 19.65%. During the same quarter in the previous year, the company earned $2.06 EPS. Research analysts predict that Cboe Global Markets will post 8.64 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on CBOE. Keefe, Bruyette & Woods reduced their price target on Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating on the stock in a research note on Monday, January 13th. Oppenheimer dropped their target price on 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. The Goldman Sachs Group lowered Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price target on the stock. in a research note on Monday, January 6th. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $174.00 price objective (down from $203.00) on shares of Cboe Global Markets in a report on Tuesday, January 7th. Finally, William Blair initiated coverage on shares of Cboe Global Markets in a research report on Thursday, January 9th. They issued a “market perform” rating on the stock. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $206.86.

About Cboe Global Markets

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.