Interactive Brokers Group (IBKR) Projected to Post Earnings on Tuesday

Interactive Brokers Group (NASDAQ:IBKR) will likely be announcing its earnings results after the market closes on Tuesday, January 21st. Analysts expect the company to announce earnings of $1.81 per share and revenue of $1,372,590.34 billion for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Interactive Brokers Group Stock Performance

IBKR opened at $190.09 on Monday. The company’s 50 day simple moving average is $183.60 and its 200 day simple moving average is $150.51. Interactive Brokers Group has a 1 year low of $88.22 and a 1 year high of $193.42. The stock has a market capitalization of $80.32 billion, a PE ratio of 29.02, a P/E/G ratio of 1.35 and a beta of 0.87.

Wall Street Analysts Forecast Growth

IBKR has been the topic of several research analyst reports. Citigroup raised their target price on shares of Interactive Brokers Group from $180.00 to $220.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. Piper Sandler raised their price target on shares of Interactive Brokers Group from $163.00 to $200.00 and gave the company an “overweight” rating in a report on Tuesday, January 7th. Keefe, Bruyette & Woods raised their price target on shares of Interactive Brokers Group from $190.00 to $195.00 and gave the company a “market perform” rating in a report on Monday, January 13th. The Goldman Sachs Group raised their price target on shares of Interactive Brokers Group from $171.00 to $195.00 and gave the company a “buy” rating in a report on Tuesday, December 3rd. Finally, Jefferies Financial Group lifted their price objective on shares of Interactive Brokers Group from $152.00 to $165.00 and gave the company a “buy” rating in a research note on Friday, October 4th. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, Interactive Brokers Group presently has a consensus rating of “Moderate Buy” and an average target price of $190.13.

Interactive Brokers Group Company Profile

Interactive Brokers Group, Inc operates as an automated electronic broker worldwide. The company engages in the execution, clearance, and settlement of trades in stocks, options, futures, foreign exchange instruments, bonds, mutual funds, exchange traded funds (ETFs), precious metals, and cryptocurrencies.