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 March 31, 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. (Ex ...

Last May, I selected the three most undervalued Nasdaq stocks to buy at the time. The three stocks were Sirius XM (NASDAQ:SIRI), LPL Financial (NASDAQ:LPLA), and Carlyle Group (NASDAQ:CG). The average one-year return of the three stocks was 21.5%, 340 basis points less than the S&P 500. Both LPLA and CG delivered better returns than the index, which was dragged down by the satellite radio business. I’ll try to be better.In selecting stocks for last year’s version, I looked for Nasdaq companies with a market ...

Interactive Brokers Group, Inc. (IBKR) has released the Electronic Brokerage segment’s performance metrics for April 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) on a year-over-year basis. However, the metric declined sequentially.Total client DARTs for April were 2,339,000, which increased 32.5% from April 2023 but dipped 3% from the last month.On an annualized basis, ...

Interactive Brokers Group, Inc. (IBKR) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this company, should get reflected in its stock price. After all, empirical research shows a strong correlation betwee ...

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?Let's take a look at what these Wall Street heavyweights have to say about Interactive Brokers Group, Inc. (IBKR) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Interactive Brokers currently has an ave ...

Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Is Interactive Brokers Group, Inc. (IBKR) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.Interactive Brokers Group, Inc. is one of 859 individual stocks in the Finance sector. Collectively, these companies sit at #7 in the Zacks Sector Rank. The Zacks Sector Rank gauges the str ...

Markets have returned to Wall Street and stocks have been taking a beating as uncertainty over rate cuts and geopolitical tensions in the Middle East are denting investors’ confidence.On Apr 19, the Nasdaq and the S&P 500 recorded their sixth straight session of declines. Tech stocks, which have been driving the rally since last year, are the worst sufferers.Inflation has started escalating again after declining sharply in 2023, which had raised hopes that the Federal Reserve would soon start rate cuts. The ...

Several top-rated Zacks stocks are starting to look more attractive after reporting favorable first quarter results on Tuesday.Reconfirming their attractive earnings outlook, these companies were able to surpass Q1 bottom line expectations making now a suitable time to invest.Interactive Brokers (IBKR) Going into its Q1 report, Interactive Brokers stock was bumped up to a Zacks Rank #1 (Strong Buy) and the global electronic market broker was able to deliver. First quarter earnings of $1.64 per share slightl ...

Shares of the online brokerage rose on a solid first-quarter earnings report. Shares of Interactive Brokers (IBKR 1.74%) were climbing today after the discount brokerage platform posted better-than-expected results in its first-quarter earnings report. The company also gave investors a generous dividend hike. As of 1:23 p.m. ET, the stock was up 3.3%. Interactive Brokers delivers solid growth In a competitive environment in the brokerage industry, Interactive Brokers reported solid growth across the board w ...

Interactive Brokers Group’s (IBKR) first-quarter 2024 adjusted earnings per share of $1.64 beat the Zacks Consensus Estimate by a penny. Also, the bottom line reflects a rise of 21.5% from the prior-year quarter.Results were primarily aided by an increase in revenues. The company recorded growth in customer accounts during the quarter, which, along with a rise in daily average revenue trades (DARTs), was another tailwind. However, higher expenses hurt the results to some extent.After considering non-recurri ...