In the latest market close, Interactive Brokers Group, Inc. (IBKR) reached $126.32, with a -0.63% movement compared to the previous day. This change lagged the S&P 500's 0.6% loss on the day. Meanwhile, the Dow lost 0.39%, and the Nasdaq, a tech-heavy index, lost 1.12%.The the stock of company has risen by 6.86% in the past month, leading the Finance sector's gain of 2.41% and the S&P 500's gain of 3.15%.Analysts and investors alike will be keeping a close eye on the performance of Interactive Brokers Group ...

Interactive Brokers Group, Inc.’s (IBKR) clients are now allowed to trade stocks on one of the largest stock exchanges in Southeast Asia, Bursa Malaysia. The brokerage firm’s clients will be able to trade Malaysian Ringgit-denominated equities and exchange traded funds (ETFs), along with global stocks, options, futures, currencies, bonds and funds from a single unified platform.By providing access to Malaysia-denominated equity products, IBKR will be able to expand the breadth of global investment products ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Interactive Brokers Group, Inc. (IBKR) .Interactive Brokers currently has ...

In the latest trading session, Interactive Brokers Group, Inc. (IBKR) closed at $124.12, marking a +0.62% move from the previous day. The stock exceeded the S&P 500, which registered a loss of 0.89% for the day. At the same time, the Dow lost 0.44%, and the tech-heavy Nasdaq lost 1.67%.Heading into today, shares of the company had gained 4.43% over the past month, outpacing the Finance sector's gain of 1.92% and the S&P 500's gain of 2.17% in that time.The upcoming earnings release of Interactive Brokers Gr ...

Stock Performance - Interactive Brokers' shares returned +4.4% over the past month, outperforming the Zacks S&P 500 composite's +2.2% and the Zacks Financial - Investment Bank industry's +1.2% [1] Earnings Estimates - Current quarter earnings estimate is $1.71 per share, representing a year-over-year change of +10.3%, with a +0.9% revision over the last 30 days [3] - Current fiscal year earnings estimate is $6.81, indicating a year-over-year change of +18.4%, with a +0.7% revision over the last 30 days [3] - Next fiscal year earnings estimate is $6.94, showing a +2% change from the previous year, with a +1% revision over the past month [3] Revenue Growth - Current quarter consensus sales estimate is $1.25 billion, indicating a year-over-year change of +9.1% [5] - Current fiscal year revenue estimate is $4.98 billion, showing a +14.7% change [5] - Next fiscal year revenue estimate is $5.13 billion, indicating a +3% change [5] Recent Results - Last reported revenues were $1.23 billion, representing a year-over-year change of +23% [6] - Last reported EPS was $1.76, compared to $1.32 a year ago [6] - Reported revenues were -2.7% below the Zacks Consensus Estimate of $1.26 billion, while EPS surprise was +4.14% [7] - The company surpassed consensus EPS estimates three times and revenue estimates three times over the last four quarters [7] Valuation - Interactive Brokers is graded D on the Zacks Value Style Score, indicating it is trading at a premium to its peers [9] Analyst Rating - Interactive Brokers is rated Zacks Rank 2 (Buy), suggesting potential outperformance in the near term [4][10]

Shares of Interactive Brokers Group (IBKR) have surged 41.8% this year. This impressive rise has significantly outpaced the 8.8% rally of the industry it belongs to and the 12.2% growth of the Zacks S&P 500 composite. When compared with its peers in the brokerage space, IBKR's performance is notably stronger. Charles Schwab (SCHW) has lost 9.2% and LPL Financial (LPLA) stock is down 12.4% in the same timeframe. Year-to-Date Price Performance Image Source: Zacks Investment Research The year has been a good o ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Interactive Brokers Group, Inc. (IBKR) .Interactive Brokers currently has an average brokerage ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________ FORM 10-Q _________________________________ (Mark One) þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-33440 INTERACTIVE BROKERS GROUP, INC. (Exa ...

Interactive Brokers Group, Inc. (IBKR) has released the Electronic Brokerage segment’s performance metrics for July 2024. The segment deals with the clearance and settlement of trades for individual and institutional clients globally. It reported a rise in client Daily Average Revenue Trades (DARTs).Total client DARTs for July were 2,756,000, which increased 38.4% from July 2023 and 11.6% from last month.On an annualized basis, the Cleared Average DARTs per customer account was 206 for July 2024. The metric ...

CHICAGO, July 31, 2024 /PRNewswire/ -- ForecastEx LLC ("ForecastEx"), a CFTC registered Designated Contract Market ("DCM") and Derivative Clearing Organization ("DCO"), is pleased to announce the launch of its event contract market effective August 1, 2024. ForecastEx will operate as a fully integrated DCM and DCO, offering Futures Commission Merchants ("FCMs") and their customers the ability to hedge against or express conviction on the outcome of key economic and climate events using Forecast Contracts. F ...