CME Group Inc (CME) To Go Ex-Dividend on December 27th
CME Group Inc (NASDAQ:CME) announced a None dividend on Wednesday, December 6th, Zacks reports. Stockholders of record on Thursday, December 28th will be given a dividend of 3.50 per share by the financial services provider on Monday, January 15th. The ex-dividend date of this dividend is Wednesday, December 27th.
Shares of CME Group (CME) opened at $148.98 on Tuesday. CME Group has a one year low of $113.27 and a one year high of $155.29. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.11. The company has a market cap of $50,521.35, a price-to-earnings ratio of 33.78, a PEG ratio of 3.06 and a beta of 0.73.
CME Group (NASDAQ:CME) last posted its quarterly earnings data on Thursday, October 26th. The financial services provider reported $1.19 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.16 by $0.03. CME Group had a net margin of 40.94% and a return on equity of 7.89%. The business had revenue of $890.80 million during the quarter, compared to the consensus estimate of $890.22 million. During the same period in the previous year, the firm posted $1.05 earnings per share. The business’s revenue for the quarter was up 5.8% compared to the same quarter last year. research analysts predict that CME Group will post 4.77 EPS for the current fiscal year.
In other news, insider Hilda Harris Piell sold 1,350 shares of the business’s stock in a transaction dated Thursday, October 5th. The shares were sold at an average price of $138.00, for a total transaction of $186,300.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Sunil Cutinho sold 2,600 shares of the business’s stock in a transaction dated Friday, November 17th. The stock was sold at an average price of $139.57, for a total transaction of $362,882.00. Following the sale, the insider now directly owns 22,301 shares of the company’s stock, valued at approximately $3,112,550.57. The disclosure for this sale can be found here. Insiders sold 38,953 shares of company stock valued at $5,642,851 in the last ninety days. 0.57% of the stock is owned by corporate insiders.
Several brokerages recently issued reports on CME. BidaskClub cut shares of CME Group from a “buy” rating to a “hold” rating in a report on Tuesday, December 19th. Citigroup raised their target price on shares of CME Group from $138.00 to $155.00 and gave the stock a “buy” rating in a report on Thursday, October 19th. Royal Bank of Canada raised their target price on shares of CME Group from $135.00 to $147.00 and gave the stock an “outperform” rating in a report on Monday, October 16th. Barclays raised their target price on shares of CME Group from $139.00 to $149.00 and gave the stock an “overweight” rating in a report on Tuesday, October 10th. Finally, Wells Fargo & Co raised their target price on shares of CME Group from $130.00 to $145.00 and gave the stock a “market perform” rating in a report on Wednesday, October 4th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $141.75.
WARNING: This news story was originally published by TheOlympiaReport and is owned by of TheOlympiaReport. If you are viewing this news story on another publication, it was illegally copied and republished in violation of U.S. & international copyright and trademark law. The original version of this news story can be read at https://theolympiareport.com/2017/12/26/cme-group-inc-cme-to-go-ex-dividend-on-december-27th.html.
About CME Group
CME Group Inc, through its exchanges, provides products across all asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. The Company’s segment primarily consists of the Chicago Mercantile Exchange Inc (CME), Board of Trade of the City of Chicago, Inc (CBOT), New York Mercantile Exchange, Inc (NYMEX) and Commodity Exchange, Inc (COMEX) exchanges.
Receive News & Ratings for CME Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CME Group and related companies with Analyst Ratings Network's FREE daily email newsletter.