Interactive Brokers Group (IBKR) Getting Somewhat Favorable News Coverage, Report Shows
Media coverage about Interactive Brokers Group (NASDAQ:IBKR) has trended somewhat positive recently, Accern reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Interactive Brokers Group earned a news sentiment score of 0.12 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 46.3889292187643 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the headlines that may have effected Accern’s scoring:
- These 3 Stocks Are Up Over 20% in 2017 and They Aren't Done Growing (finance.yahoo.com)
- Centaur Value Fund September 2017 Commentary (seekingalpha.com)
- [$$] Why Interactive Brokers Founder Fears Bitcoin Futures (finance.yahoo.com)
- 4 Reasons Why Interactive Brokers (IBKR) is a Solid Pick Now (finance.yahoo.com)
Interactive Brokers Group (NASDAQ:IBKR) traded up $0.03 during trading on Thursday, hitting $54.08. 334,800 shares of the stock traded hands, compared to its average volume of 538,609. The company has a market capitalization of $22,510.00, a PE ratio of 46.60, a P/E/G ratio of 2.73 and a beta of 1.01. Interactive Brokers Group has a 52-week low of $33.01 and a 52-week high of $55.66.
Interactive Brokers Group (NASDAQ:IBKR) last released its quarterly earnings results on Tuesday, October 17th. The financial services provider reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.05. The firm had revenue of $426.00 million for the quarter, compared to analysts’ expectations of $382.85 million. Interactive Brokers Group had a net margin of 5.29% and a return on equity of 1.35%. The business’s quarterly revenue was up 23.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.30 earnings per share. research analysts expect that Interactive Brokers Group will post 1.47 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 14th. Shareholders of record on Friday, December 1st will be given a dividend of $0.10 per share. The ex-dividend date is Thursday, November 30th. This represents a $0.40 annualized dividend and a yield of 0.74%. Interactive Brokers Group’s payout ratio is 34.48%.
A number of equities analysts have recently weighed in on the company. Zacks Investment Research upgraded Interactive Brokers Group from a “hold” rating to a “buy” rating and set a $47.00 target price on the stock in a research note on Tuesday, September 19th. BidaskClub upgraded Interactive Brokers Group from a “buy” rating to a “strong-buy” rating in a research note on Monday, August 14th. Finally, SunTrust Banks, Inc. boosted their target price on shares of Interactive Brokers Group to $48.00 and gave the company an “average” rating in a report on Wednesday, October 18th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $41.67.
In other news, insider Thomas Aj Frank sold 16,495 shares of the stock in a transaction dated Friday, August 18th. The shares were sold at an average price of $40.77, for a total transaction of $672,501.15. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Paul Jonathan Brody sold 11,103 shares of the stock in a transaction dated Friday, August 18th. The stock was sold at an average price of $40.77, for a total transaction of $452,669.31. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 1,283,467 shares of company stock valued at $59,842,837. Company insiders own 3.41% of the company’s stock.
Interactive Brokers Group Company Profile
Interactive Brokers Group, Inc (IBG, Inc) is a holding company. The Company is an automated global electronic broker and market maker specializing in routing orders, and executing and processing trades in securities, futures, foreign exchange instruments, bonds and mutual funds on over 120 electronic exchanges and market centers around the world and offering custody, prime brokerage, securities and margin lending services to customers.
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