Cboe Global Markets, Inc. (CBOE) to Issue Quarterly Dividend of $0.63 on March 14th

Cboe Global Markets, Inc. (NASDAQ:CBOE) announced a quarterly dividend on Tuesday, February 11th,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 1.19%. 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 Stock Up 1.9 %

Shares of NASDAQ CBOE opened at $212.04 on Thursday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.39 and a quick ratio of 1.39. The stock has a market cap of $22.20 billion, a P/E ratio of 24.13, a PEG ratio of 2.14 and a beta of 0.68. The business has a 50 day simple moving average of $199.40. Cboe Global Markets has a twelve month low of $166.13 and a twelve month high of $221.66.

Cboe Global Markets (NASDAQ:CBOE) last released its 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 period in the prior year, the firm earned $2.06 EPS. As a group, research analysts expect that Cboe Global Markets will post 8.64 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

CBOE has been the subject of a number of research reports. The Goldman Sachs Group downgraded shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 target price for the company. in a research report on Monday, January 6th. Oppenheimer decreased their target price on Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating for the company in a research report on Monday, January 13th. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $174.00 price target (down previously from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. William Blair initiated coverage on Cboe Global Markets in a report on Thursday, January 9th. They issued a “market perform” rating for the company. Finally, Bank of America upped 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. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat, Cboe Global Markets currently has an average rating of “Hold” and an average price target of $206.86.

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.