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

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 paid 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 1.21%.

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

Cboe Global Markets Trading Down 0.8 %

Shares of NASDAQ CBOE traded down $1.71 during trading hours on Tuesday, reaching $208.00. The stock had a trading volume of 1,001,364 shares, compared to its average volume of 774,043. The stock has a market capitalization of $21.77 billion, a price-to-earnings ratio of 28.34, a price-to-earnings-growth ratio of 2.14 and a beta of 0.68. Cboe Global Markets has a fifty-two week low of $166.13 and a fifty-two week high of $221.66. The business’s 50-day simple moving average is $199.48. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.39.

Cboe Global Markets (NASDAQ:CBOE) last released its quarterly earnings results 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 19.65% and a return on equity of 22.33%. During the same quarter in the previous year, the company posted $2.06 earnings per share. On average, equities analysts predict that Cboe Global Markets will post 8.64 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts recently weighed in on CBOE shares. StockNews.com lowered shares of Cboe Global Markets from a “hold” rating to a “sell” rating in a research report on Friday, January 10th. Keefe, Bruyette & Woods lowered their target price on shares of Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating on the stock in a report on Monday, January 13th. Bank of America increased their price target on shares of Cboe Global Markets from $245.00 to $251.00 and gave the stock a “buy” rating in a report on Monday. Jefferies Financial Group lowered 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. Finally, Barclays upped their price objective on Cboe Global Markets from $212.00 to $216.00 and gave the stock an “equal weight” rating in a report on Monday. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently 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.