Interactive Brokers Group (IBKR) Projected to Post Quarterly Earnings on Tuesday

Interactive Brokers Group (NASDAQ:IBKRGet Free Report) is anticipated to issue its quarterly earnings data after the market closes on Tuesday, January 21st. Analysts expect the company to announce earnings of $1.81 per share and revenue of $1,372,590.34 billion for the quarter.

Interactive Brokers Group (NASDAQ:IBKRGet Free Report) last announced its earnings results on Tuesday, October 15th. The financial services provider reported $1.75 EPS for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.03). Interactive Brokers Group had a return on equity of 4.83% and a net margin of 7.89%. The firm had revenue of $2.45 billion during the quarter, compared to the consensus estimate of $1.32 billion. During the same quarter in the prior year, the firm posted $1.55 earnings per share. On average, analysts expect Interactive Brokers Group to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Interactive Brokers Group Trading Up 1.8 %

Shares of NASDAQ:IBKR traded up $3.21 during trading on Wednesday, reaching $185.85. The stock had a trading volume of 1,206,027 shares, compared to its average volume of 1,208,413. The firm’s 50-day simple moving average is $182.48 and its 200 day simple moving average is $149.21. Interactive Brokers Group has a one year low of $83.86 and a one year high of $193.42. The company has a market capitalization of $78.53 billion, a P/E ratio of 28.37, a PEG ratio of 1.41 and a beta of 0.87.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. Jefferies Financial Group raised their target price on shares of Interactive Brokers Group from $152.00 to $165.00 and gave the company a “buy” rating in a research note on Friday, October 4th. UBS Group boosted their target price on Interactive Brokers Group from $155.00 to $170.00 and gave the stock a “buy” rating in a research note on Tuesday, October 8th. Keefe, Bruyette & Woods increased their price target on Interactive Brokers Group from $190.00 to $195.00 and gave the company a “market perform” rating in a research note on Monday. Piper Sandler boosted their price target on Interactive Brokers Group from $163.00 to $200.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 7th. Finally, Barclays upped their price objective on shares of Interactive Brokers Group from $214.00 to $224.00 and gave the company an “overweight” rating in a report on Monday. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, Interactive Brokers Group has a consensus rating of “Moderate Buy” and a consensus price target of $190.13.

Read Our Latest Research Report on IBKR

About Interactive Brokers Group

(Get Free Report)

Interactive Brokers Group, Inc operates as an automated electronic broker worldwide. The company engages in the execution, clearance, and settlement of trades in stocks, options, futures, foreign exchange instruments, bonds, mutual funds, exchange traded funds (ETFs), precious metals, and cryptocurrencies.

See Also

Earnings History for Interactive Brokers Group (NASDAQ:IBKR)

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