CME Group Inc (NASDAQ: CME): Is It A Buying Opportunity Again?

After Hours

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. The stock was recently discussed on Yahoo Finance as it revealed that CME Group Launches Clearing Service for Mexican F-TIIE Overnight Index Swaps.

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Stocks Info

CME belongs to the Financial sector of the NASDAQ while operating in the Financial Data & Stock Exchanges industry. The current market capitalization of CME Group Inc is $75.95B. A total of 1.27 million shares were traded on the day, compared to an average of 1.89M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, CME has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 44 BUYs and 44 SELLs from insiders. Insiders purchased 88,873 shares during that period but sold 88,900.

In the most recent transaction, SHEPARD WILLIAM R bought 1,331 shares of CME for 202.44 per share on Jan 18. After the transaction, the Director now owns 253,060 company shares. In a previous transaction on Jan 18, SHEPARD WILLIAM R bought 59 shares at 202.44 per share. CME shares that Director owns now total 2,322.

Among the insiders who bought shares, SHEPARD WILLIAM R acquired of 266 shares on Dec 28 at a per-share price of $210.79. This resulted in the Director holding 251,729 shares of CME after the transaction. In another insider transaction, SHEPARD WILLIAM R bought 12 shares at $210.79 per share on Dec 28. Company shares held by the Director now total 2,263.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. CME Group Inc pays an annual dividend of $4.40, resulting in a dividend yield of 2.09%, and it has a price to earnings (P/E) ratio of 23.81. CME’s most recent ex-dividend date was 3/7/2024 when it declared a $1.15 quarterly dividend that was paid in cash on 3/26/2024. Previously, the company paid the dividend on 1/18/2024 with an ex-dividend date of 12/27/2023. The CME stock dividend was $5.25 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for CME in the last 3 months, the mean price target is $222.33 with high estimates of $250.00 and low estimates of $170.00. In terms of 52-week highs and lows, CME has a high of $219.09 and a low of $169.76.

As of this writing, CME has an earnings estimate of $2.45 per share for the current quarter. EPS was calculated based on a consensus of 14 estimates, with a high estimate of $2.56 per share and a lower estimate of $2.35. The company reported an EPS of $2.25 in the last quarter, which was 1.40% higher than expectations of $2.22.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. CME’s latest balance sheet shows that the firm has $2.95B in Cash & Short Term Investments as of fiscal 2021. There were $3.45B in debt and $160.40B in liabilities at the time. Its Book Value Per Share was $78.37, while its Total Shareholder’s Equity was $27.40B.

Analysts Opinion

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. 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 3.67.

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