Interactive Brokers Group Inc (NASDAQ: IBKR) Could Achieve Gains In The Near Future

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Yahoo Finance discussed the stock recently as it posted Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for January 2024, includes Reg.-NMS Execution Statistics.

#1 Small-Cap Uranium Stock for Ultra-Fast Gains in 2024

We've uncovered THE ONE small-cap uranium stock that has unearthed a near-surface, high-grade uranium discovery in the Saudi Arabia of Uranium — Canada's prolific Athabasca Basin. Best of all, this small-cap uranium stock is currently flying just below Wall Street's radar… giving you the early-entry opportunity around US$0.30 per share. But that won't last long. Drills are turning right now with results set to be released to the market very, very soon.

Learn all about it in this brand new FREE online report.
Sponsored

Stocks Info

Interactive Brokers Group Inc is listed on the NASDAQ in the Financial sector while operating in the Capital Markets industry. At the end of the last regular session, the stock closed at $95.06 and fluctuated between $96.78 as its day high and $95.06 as its day low. The current market capitalization of Interactive Brokers Group Inc is $10.17B. A total of 1.21 million shares were traded on the day, compared to an average of 1.35M shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, IBKR has seen 0 BUY and 3 SELL insider trades, representing the acquisition of 0 and the disposition of 11,401 shares. Over the last 12 months, there were 4 BUYs and 153 SELLs from insiders. Insiders purchased 2,070,822 shares during that period but sold 1,530,202.

In the most recent transaction, Frank Thomas AJ sold 47,594 shares of IBKR for 96.19 per share on Feb 02. After the transaction, the Chief Information Officer now owns 116,890 company shares. In a previous transaction on Feb 01, Frank Thomas AJ sold 36,883 shares at 90.64 per share. IBKR shares that Chief Information Officer owns now total 164,484.

Among the insiders who sold shares, Frank Thomas AJ disposed of 8,608 shares on Jan 30 at a per-share price of $90.18. This resulted in the Chief Information Officer holding 201,367 shares of IBKR after the transaction. In another insider transaction, Frank Thomas AJ sold 46,709 shares at $90.58 per share on Jan 29. Company shares held by the Chief Information Officer now total 209,975.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Interactive Brokers Group Inc pays an annual dividend of $0.40, resulting in a dividend yield of 0.42%, and it has a price to earnings (P/E) ratio of 16.80. IBKR’s most recent ex-dividend date was 2/29/2024 when it declared a $0.10 quarterly dividend that was paid in cash on 3/14/2024. Previously, the company paid the dividend on 12/14/2023 with an ex-dividend date of 11/30/2023. The IBKR stock dividend was $0.10 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for IBKR in the last 3 months, the mean price target is $110.11 with high estimates of $139.00 and low estimates of $100.00. In terms of 52-week highs and lows, IBKR has a high of $97.12 and a low of $70.83.

As of this writing, IBKR has an earnings estimate of $1.58 per share for the current quarter. EPS was calculated based on a consensus of 8 estimates, with a high estimate of $1.62 per share and a lower estimate of $1.54. The company reported an EPS of $1.55 in the last quarter, which was 2.60% higher than expectations of $1.51.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. IBKR’s latest balance sheet shows that the firm has $2.40B in Cash & Short Term Investments as of fiscal 2021. There were $11.80B in debt and $86.94B in liabilities at the time. Its Book Value Per Share was $31.68, while its Total Shareholder’s Equity was $10.22B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. 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 IBKR is Buy with a score of 4.88.

Most Popular

Related Posts