Analysts on Wall Street project that Interactive Brokers Group, Inc. (IBKR) will announce quarterly earnings of $1.78 per share in its forthcoming report, representing an increase of 14.8% year over year. Revenues are projected to reach $1.32 billion, increasing 15.4% from the same quarter last year.The consensus EPS estimate for the quarter has been revised 1.4% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial e ...

In the latest market close, Interactive Brokers Group, Inc. (IBKR) reached $147.59, with a -0.66% movement compared to the previous day. The stock's change was less than the S&P 500's daily gain of 0.97%. Elsewhere, the Dow gained 0.3%, while the tech-heavy Nasdaq added 1.45%.The the stock of company has risen by 19.6% in the past month, leading the Finance sector's loss of 4.16% and the S&P 500's gain of 5.41%.The investment community will be closely monitoring the performance of Interactive Brokers Group, ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Interactive Brokers Group, Inc. (IBKR) . This company, which is in the Zacks Financial - Investment Bank industry, shows potential for another earnings beat.This company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the p ...

Group 1: Zacks Premium and Style Scores - Zacks Premium offers various tools for investors, including daily updates on Zacks Rank and Industry Rank, access to the Zacks 1 Rank List, Equity Research reports, and Premium stock screens to enhance investment confidence [1] - Zacks Style Scores are complementary indicators that help investors select stocks likely to outperform the market in the next 30 days, rated from A to F based on value, growth, and momentum characteristics [2] - The Value Score identifies undervalued stocks using ratios like P/E, PEG, and Price/Sales to find attractive investment opportunities [2] - The Growth Score focuses on a company's future prospects by analyzing projected and historical earnings, sales, and cash flow for sustainable growth [3] - The Momentum Score helps investors capitalize on price trends by assessing short-term price changes and earnings estimate shifts [3] - The VGM Score combines all three Style Scores, providing a comprehensive indicator for selecting stocks with the best value, growth, and momentum [3] Group 2: Zacks Rank and Stock Selection - The Zacks Rank is a proprietary model based on earnings estimate revisions, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [4] - With over 800 top-rated stocks available, investors may find it challenging to select the right stocks aligned with their goals [4] - To maximize returns, investors should focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B, while also considering the direction of earnings estimate revisions [5] Group 3: Company Profile - Interactive Brokers Group, Inc. - Interactive Brokers Group Inc., established in 1977 and based in Greenwich, CT, operates as a global electronic market maker and broker, executing trades across various financial instruments on over 150 electronic exchanges [6] - The company currently holds a Zacks Rank of 3 (Hold) and has a VGM Score of B, indicating potential for growth [6] - IBKR is projected to achieve year-over-year earnings growth of 18.6% for the current fiscal year, with an upward revision in earnings estimates for fiscal 2024 [6] - The Zacks Consensus Estimate for IBKR's earnings has increased by $0.01 to $6.82 per share, with an average earnings surprise of 2.1% [6][7]

Group 1 - ForecastEx LLC has launched Forecast Contracts that allow trading on predictions of political outcomes related to the 2024 elections, enabling customers to hedge against uncertainty or profit from political insights [1][2] - The available election events for trading include predictions on Kamala Harris and Donald Trump winning the presidential election, as well as the Democratic Party's chances of winning majorities in both the Senate and House of Representatives [1] - Contract prices range from $0.02 to $0.99, indicating the market's consensus on the likelihood of each outcome, with a price of $0.35 reflecting a 35% probability [1] Group 2 - The payment obligation for each Forecast Contract is fully secured by cash, and 100% of the income earned is distributed monthly to Members as an Incentive Coupon based on their positions [2] - ForecastEx plans to introduce contracts for individual candidates in state elections soon, with a complete list of available contracts accessible on their website [2] - ForecastEx is a subsidiary of Interactive Brokers Group, Inc, which includes other subsidiaries like Interactive Brokers LLC and IB Global Investments LLC, with IB LLC approved to offer Forecast Contracts to its customers [3]

Interactive Brokers Group, Inc. (IBKR) has released the Electronic Brokerage segment’s performance metrics for September 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).IBKR’s September Performance BreakdownTotal client DARTs in September were 2,634,000, which increased 46.5% from September 2023 but fell 2.9% from the last month.On an annualized basis, the Cleared Average ...

Market Overview - The global e-brokerage market is projected to grow to USD 21 Billion by 2029, with a CAGR of 11.9% from 2024 to 2029, driven by technological advancements such as blockchain, big data analytics, AI, and ML [1] - Increased accessibility through smartphones and high-speed internet is expanding the reach of e-brokerage services globally [1] Impact of Commission-Free Trading - The introduction of commission-free trading models is enhancing market participation and supporting inclusive growth in the industry [2] - E-brokerage firms are facing challenges including cybersecurity threats, regulatory complexities, and the need for continuous technological innovation [2] Technological Innovations - AI and ML algorithms are being utilized to provide tailored investment advice by analyzing real-time market data [3] - E-brokerage platforms are focusing on improving user experience on mobile devices to cater to cost-sensitive investors who prioritize efficiency and convenience [3] Market Segmentation - The market shows diverse consumer needs, with service providers ranging from full-time brokers to discounted brokers targeting price-sensitive investors [4] - The ownership structure of publicly traded e-brokerage firms is accommodating a wider array of stakeholders, enhancing capital raising capabilities [4] Institutional Investment and Regional Dynamics - Institutional investors represent a unique segment with specialized needs for advanced trading features like direct market access and high-frequency trading [5] - The market landscape varies regionally, with developing economies showing growth potential but facing infrastructural and regulatory challenges compared to developed markets [5] Competitive Landscape - Notable companies in the e-brokerage market include Interactive Brokers LLC, The Charles Schwab Corporation, Morgan Stanley, Fidelity Investments, and Robinhood Markets, among others [5]

Interactive Brokers Group (IBKR) stock has been rallying since the Federal Reserve announced a jumbo 50 basis point cut in interest rates on Sept. 18. During yesterday’s trading session, the company’s shares hit an all-time high of $136.56 and closed a tad lower at $136.11, skyrocketing 64.2% year to date.This impressive rise has significantly outpaced the 17% rally of the industry it belongs to and the 19.9% growth of the Zacks S&P 500 composite.When compared with its close peers in the brokerage space, IB ...

Company Performance - Interactive Brokers Group, Inc. (IBKR) closed at $135.19, reflecting a +1.63% change from the previous day, outperforming the S&P 500's gain of 0.28% [1] - The stock has increased by 7.8% over the past month, surpassing the Finance sector's gain of 3.08% and the S&P 500's gain of 2% [1] - The upcoming financial results are anticipated to show an EPS of $1.71, a 10.32% increase year-over-year, and revenue of $1.25 billion, a 9.13% rise from the same quarter last year [1] Full Year Estimates - Analysts expect earnings of $6.81 per share and revenue of $4.98 billion for the full year, indicating changes of +18.43% and +14.74% respectively from the previous year [2] - Recent changes in analyst estimates reflect short-term business trends, with upward revisions indicating positive sentiment towards the company's operations [2] Zacks Rank and Valuation - Interactive Brokers Group, Inc. holds a Zacks Rank of 2 (Buy), with a Forward P/E ratio of 19.55, which is higher than the industry average of 17.06, indicating a premium valuation [3] - The company has a PEG ratio of 1.19, aligning with the Financial - Investment Bank industry's average PEG ratio of 1.19 [3] Industry Overview - The Financial - Investment Bank industry is part of the Finance sector and currently holds a Zacks Industry Rank of 63, placing it in the top 25% of over 250 industries [4] - The top 50% rated industries, as per the Zacks Industry Rank, tend to outperform the bottom half by a factor of 2 to 1 [4]

Interactive Brokers Group, Inc. (IBKR) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. S ...