Interactive Brokers Group Inc (NASDAQ: IBKR) Disappoints Wall Street With -4.27% Stock Price Loss

Interactive Brokers Group Inc (NASDAQ:IBKR) has a beta value of 0.80 and has seen 1.3 million shares traded in the recent trading session. The company, currently valued at $15.94B, closed the recent trade at $146.44 per share which meant it lost -$6.54 on the day or -4.27% during that session. The IBKR stock price is -5.67% off its 52-week high price of $154.75 and 50.42% above the 52-week low of $72.60. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.01 million shares traded. The 3-month trading volume is 965.78K shares.

The consensus among analysts is that Interactive Brokers Group Inc (IBKR) is Buy stock at the moment, with a recommendation rating of 1.45. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 8 have rated it as a Hold, with 8 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 1.72.

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Interactive Brokers Group Inc (NASDAQ:IBKR) trade information

Sporting -4.27% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the IBKR stock price touched $146.44 or saw a rise of 5.37%. Year-to-date, Interactive Brokers Group Inc shares have moved 76.65%, while the 5-day performance has seen it change -2.06%. Over the past 30 days, the shares of Interactive Brokers Group Inc (NASDAQ:IBKR) have changed 11.10%. Short interest in the company has seen 1.7 million shares shorted with days to cover at 1.93.

Wall Street analysts have a consensus price target for the stock at $150, which means that the shares’ value could jump 2.37% from the levels at last check today. The projected low price target is $102.0 while the price target rests at a high of $166.0. In that case, then, we find that the latest price level in today’s session is -13.36% off the targeted high while a plunge would see the stock lose 30.35% from the levels at last check today.

Interactive Brokers Group Inc (IBKR) estimates and forecasts

Figures show that Interactive Brokers Group Inc shares have underperformed across the wider relevant industry. The company’s shares have gained 34.07% over the past 6 months, with this year growth rate of 20.17%, compared to 25.00% for the industry. Revenue growth from the last financial year stood is estimated to be 16.40%.

6 analysts offering their estimates for the company have set an average revenue estimate of 1.28B for the current quarter. 6 have an estimated revenue figure of 1.28B for the next ending quarter. Year-ago sales stood 1.15B and 1.22B respectively for this quarter and the next, and analysts expect sales will grow by 11.20% for the current quarter and 16.40% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 20.03% over the past 5 years. Earnings growth for 2024 is a modest 19.38% while over the next 5 years, the company’s earnings are expected to increase by 16.47%.

IBKR Dividends

Interactive Brokers Group Inc is expected to release its next earnings report on 2025-Jan-14 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.70 at a share yield of 0.48%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 0.61%.

Interactive Brokers Group Inc (NASDAQ:IBKR)’s Major holders

Insiders own 3.13% of the company shares, while shares held by institutions stand at 87.25% with a share float percentage of 90.07%. Investors are also buoyed by the number of investors in a company, with Interactive Brokers Group Inc having a total of 721.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 9.92 million shares worth more than $1.22 billion. As of 2024-06-30, VANGUARD GROUP INC held 9.2623% of shares outstanding.

The other major institutional holder is BLACKROCK INC., with the holding of over 9.3 million shares as of 2024-06-30. The firm’s total holdings are worth over $1.14 billion and represent 8.6876% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are iShares Core S&P Midcap ETF and Vanguard Total Stock Market Index Fund. As of Sep 30, 2024, the former fund manager holds about 3.13% shares in the company for having 3.39 shares of worth $496.19 million while later fund manager owns 3.2 shares of worth $468.15 million as of Jun 30, 2024, which makes it owner of about 2.95% of company’s outstanding stock.