William Blair Issues Optimistic Estimate for CBOE Earnings

Cboe Global Markets, Inc. (NASDAQ:CBOE) – Equities research analysts at William Blair raised their Q1 2025 EPS estimates for shares of Cboe Global Markets in a note issued to investors on Monday, April 14th. William Blair analyst J. Schmitt now forecasts that the company will post earnings of $2.41 per share for the quarter, up from their previous estimate of $2.25. William Blair currently has a “Market Perform” rating on the stock. The consensus estimate for Cboe Global Markets’ current full-year earnings is $8.96 per share. William Blair also issued estimates for Cboe Global Markets’ Q2 2025 earnings at $2.43 EPS, Q3 2025 earnings at $2.33 EPS, Q4 2025 earnings at $2.33 EPS, FY2025 earnings at $9.50 EPS and FY2026 earnings at $10.00 EPS.

A number of other equities research analysts also recently weighed in on CBOE. Oppenheimer raised their price target on shares of Cboe Global Markets from $233.00 to $237.00 and gave the company an “outperform” rating in a research note on Friday, April 11th. Keefe, Bruyette & Woods lowered their price target on shares of Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating for the company in a report on Monday, January 13th. Jefferies Financial Group cut their price objective on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a report on Thursday, January 9th. Loop Capital set a $260.00 price objective on Cboe Global Markets in a research report on Wednesday, April 2nd. Finally, Morgan Stanley raised Cboe Global Markets from an “underweight” rating to an “overweight” rating and set a $235.00 price target on the stock in a research note on Tuesday, April 8th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $218.80.

Cboe Global Markets Stock Performance

Cboe Global Markets stock opened at $217.97 on Tuesday. The stock’s fifty day simple moving average is $213.20. The firm has a market cap of $22.82 billion, a PE ratio of 30.19, a P/E/G ratio of 1.75 and a beta of 0.47. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. Cboe Global Markets has a 52 week low of $166.13 and a 52 week high of $234.37.

Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly earnings data on Friday, February 7th. The company reported $2.10 EPS for the quarter, missing the consensus estimate of $2.14 by ($0.04). Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. During the same quarter last year, the company earned $2.06 EPS.

Cboe Global Markets Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were issued a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 1.16%. The ex-dividend date was Friday, February 28th. Cboe Global Markets’s payout ratio is presently 34.90%.

Insiders Place Their Bets

In other news, CAO Allen Wilkinson sold 228 shares of the stock in a transaction on Monday, February 24th. The shares were sold at an average price of $211.12, for a total transaction of $48,135.36. Following the completion of the sale, the chief accounting officer now directly owns 248 shares in the company, valued at $52,357.76. This represents a 47.90 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Dave Howson sold 11,036 shares of the business’s stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $206.01, for a total transaction of $2,273,526.36. Following the completion of the transaction, the executive vice president now owns 8,025 shares in the company, valued at approximately $1,653,230.25. The trade was a 57.90 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 11,544 shares of company stock worth $2,380,529. 0.22% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Cboe Global Markets

Several large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its holdings in shares of Cboe Global Markets by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 12,628,964 shares of the company’s stock worth $2,467,700,000 after buying an additional 56,233 shares in the last quarter. Alliancebernstein L.P. boosted its stake in Cboe Global Markets by 208.4% during the fourth quarter. Alliancebernstein L.P. now owns 7,685,489 shares of the company’s stock worth $1,501,745,000 after acquiring an additional 5,193,339 shares in the last quarter. T. Rowe Price Investment Management Inc. grew its holdings in Cboe Global Markets by 3.3% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 4,015,179 shares of the company’s stock worth $784,566,000 after purchasing an additional 126,721 shares during the period. Geode Capital Management LLC grew its holdings in Cboe Global Markets by 1.6% in the fourth quarter. Geode Capital Management LLC now owns 2,740,937 shares of the company’s stock worth $535,994,000 after purchasing an additional 44,291 shares during the period. Finally, FMR LLC increased its stake in Cboe Global Markets by 2.5% in the fourth quarter. FMR LLC now owns 1,571,980 shares of the company’s stock valued at $307,165,000 after purchasing an additional 38,587 shares in the last quarter. Institutional investors and hedge funds own 82.67% of the company’s stock.

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.