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Sunday, December 3, 2023

The Question Is Whether To Buy Or Not To Buy CME Group Inc (NASDAQ: CME)

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for CME Group Inc (CME) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.08, or 0.04%, to $213.54. The CME Group Inc has recorded 98,401 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted CME Group Expands Suite of Short-Term Options on U.S. Treasury Futures.

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Stocks Info

This NASDAQ-listed company operates within the Financial Data & Stock Exchanges industry segment, falling under the Financial sector. At the end of the last regular session, the stock closed at $213.46 and fluctuated between $213.65 as its day high and $211.05 as its day low. The current market capitalization of CME Group Inc is $76.79B. A total of 1.35 million shares were traded on the day, compared to an average of 1.37M shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, CME has seen 12 BUY and 29 SELL insider trades, representing the acquisition of 62,884 and the disposition of 61,518 shares. Over the last 12 months, there were 51 BUYs and 38 SELLs from insiders. Insiders purchased 138,680 shares during that period but sold 103,500.

In the most recent transaction, Cook Elizabeth A sold 500 shares of CME for 211.43 per share on Oct 30. After the transaction, the Director now owns 19,241 company shares. In a previous transaction on Oct 27, Cook Elizabeth A sold 500 shares at 208.22 per share. CME shares that Director owns now total 19,741.

Among the insiders who sold shares, McCourt Timothy Francis disposed of 1,043 shares on Oct 26 at a per-share price of $216.37. This resulted in the Sr MD Global Head Equity & FX holding 6,352 shares of CME after the transaction. In another insider transaction, GEPSMAN MARTIN J sold 300 shares at $216.33 per share on Oct 26. Company shares held by the Director now total 24,719.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. CME Group Inc pays an annual dividend of $8.84, resulting in a dividend yield of 4.14%, and it has a price to earnings (P/E) ratio of 25.48. CME’s most recent ex-dividend date was 9/7/2023 when it declared a $1.10 quarterly dividend that was paid in cash on 9/27/2023. Previously, the company paid the dividend on 6/27/2023 with an ex-dividend date of 6/8/2023. The CME stock dividend was $1.10 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for CME in the last 3 months, the mean price target is $223.20 with high estimates of $250.00 and low estimates of $157.00. In terms of 52-week highs and lows, CME has a high of $221.76 and a low of $164.68.

As of this writing, CME has an earnings estimate of $Chipotle Mexican Grill, Inc. per share for the current quarter. EPS was calculated based on a consensus of GameStop Corporation estimates, with a high estimate of $Coeur Mining, Inc. per share and a lower estimate of $Callon Petroleum Company.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CME is Buy with a score of 3.92.

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