News coverage about Cboe Global Markets (NASDAQ:CBOE) has trended somewhat positive on Saturday, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Cboe Global Markets earned a coverage optimism score of 0.08 on Accern’s scale. Accern also gave news headlines about the financial services provider an impact score of 45.0467591845385 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the headlines that may have impacted Accern Sentiment’s scoring:
- Cboe Global Markets’ (CBOE) “Hold” Rating Reiterated at Keefe, Bruyette & Woods (americanbankingnews.com)
- BRIEF-Cboe Global Markets Says Unit Amended License Agreement With S&P Dow Jones Indices Llc (businessinsider.com)
- Futures Firm Cboe Filed for 6 Bitcoin ETFs This Week (finance.yahoo.com)
- More Issuers Eye Bitcoin ETF Space (finance.yahoo.com)
- Form 8-K Cboe Global Markets, For: Dec 21 (streetinsider.com)
Several equities analysts have recently issued reports on CBOE shares. Bank of America upped their price target on Cboe Global Markets from $113.00 to $120.00 and gave the company a “buy” rating in a research note on Monday, October 9th. Zacks Investment Research raised Cboe Global Markets from a “hold” rating to a “buy” rating and set a $121.00 price target on the stock in a research note on Monday, October 9th. Jefferies Group reaffirmed a “hold” rating and set a $92.00 price target on shares of Cboe Global Markets in a research note on Tuesday, October 3rd. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $130.00 price target on shares of Cboe Global Markets in a research note on Friday. Finally, Royal Bank of Canada set a $100.00 price target on Cboe Global Markets and gave the company a “buy” rating in a research note on Monday, September 11th. Eight investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $109.70.
Cboe Global Markets (NASDAQ:CBOE) last released its earnings results on Tuesday, November 7th. The financial services provider reported $0.89 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.01. Cboe Global Markets had a return on equity of 14.70% and a net margin of 10.55%. The firm had revenue of $269.70 million for the quarter, compared to analyst estimates of $270.14 million. During the same quarter in the prior year, the firm posted $0.72 earnings per share. The company’s quarterly revenue was up 98.0% on a year-over-year basis. sell-side analysts expect that Cboe Global Markets will post 3.41 EPS for the current year.
The business also recently announced a quarterly dividend, which was paid on Friday, December 15th. Shareholders of record on Friday, December 1st were paid a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 0.87%. The ex-dividend date was Thursday, November 30th. Cboe Global Markets’s payout ratio is 58.70%.
In other Cboe Global Markets news, Chairman Edward T. Tilly sold 5,000 shares of the stock in a transaction dated Monday, December 11th. The stock was sold at an average price of $126.28, for a total value of $631,400.00. Following the completion of the sale, the chairman now directly owns 70,611 shares in the company, valued at $8,916,757.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Christopher Mitchell sold 670 shares of the stock in a transaction dated Wednesday, November 29th. The stock was sold at an average price of $120.89, for a total value of $80,996.30. Following the completion of the sale, the director now owns 8,808 shares of the company’s stock, valued at $1,064,799.12. The disclosure for this sale can be found here. Insiders sold 16,989 shares of company stock worth $2,059,320 in the last three months. Insiders own 1.86% of the company’s stock.
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About Cboe Global Markets
Cboe Global Markets, Inc, formerly CBOE Holdings, Inc, is a holding company. The Company provides trading and investment solutions to investors around the world. It offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, United States and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the Cboe Volatility Index (VIX Index).
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