da-kuk Interactive Brokers' (NASDAQ:IBKR) shares are up about 38% since I initiated coverage in October 2023, compared to a gain of about 22% for the S&P 500 (SP500) over the same period. And as IBKR stock has overshot my previously guided target price of about $98, I think it is time to revisit my thesis. Overall, fueled by a strong Q4 report and a promising monthly metric performance from through the first three months of 2024, outperforming expectations, I remain very bullish on IBKR. While I previou ...

INTERACTIVE BROKERS GROUP ANNOUNCES 1Q2024 RESULTS — — — GAAP DILUTED EPS OF $1.61, ADJUSTED1 EPS OF $1.64 GAAP NET REVENUES OF $1,203 MILLION, ADJUSTED NET REVENUES OF $1,216 MILLION RAISES QUARTERLY DIVIDEND FROM $0.10 TO $0.25 GREENWICH, CT, April 16, 2024 — Interactive Brokers Group, Inc. (Nasdaq: IBKR), an automated global electronic broker, announced results for the quarter ended March 31, 2024. Reported diluted earnings per share were $1.61 for the current quarter and $1.64 as adjusted. For the year- ...

Wall Street analysts forecast that Interactive Brokers Group, Inc. (IBKR) will report quarterly earnings of $1.62 per share in its upcoming release, pointing to a year-over-year increase of 20%. It is anticipated that revenues will amount to $1.19 billion, exhibiting an increase of 12.3% compared to the year-ago quarter.Over the last 30 days, there has been an upward revision of 2.9% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective ...

Interactive Brokers Group, Inc. (IBKR) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on April 16, 2024, might help the stock move higher if these key numbers ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Interactive Brokers Group, Inc. (IBKR) been one of those stocks this year? 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 860 individual stocks in the Finance sector. Collectively, these companies sit at #10 in the Zacks Sector Rank. The Zacks ...

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.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the sy ...

Interactive Brokers Group, Inc. (IBKR) has released the Electronic Brokerage segment’s performance metrics for March 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 but the metric declined sequentially.Total client DARTs for March were 2,412,000, which increased 17% from March 2023 but dipped 1% from the last month.Cleared client DARTs were 2,146, ...

It seems to be a wise idea to invest in Interactive Brokers (IBKR) stock right now. The company’s continuous efforts to develop proprietary software will likely aid financials. Moreover, an increase in emerging market customers is expected to aid the top line.Over the past 30 days, the Zacks Consensus Estimate for the company’s current-year earnings has been unchanged. IBKR currently carries a Zacks Rank #2 (Buy).Looking at its price performance, IBKR shares have gained 19% over the past six months compared ...

Kateryna Onyshchuk/iStock via Getty Images My first coverage of Interactive Brokers (NASDAQ:IBKR) was over half a year ago and I felt that it is prudent to review my investment thesis given the healthy rise in its stock price against a market where "Mag 7" dominates and popular narrative would have you believe that the returns in the market are very concentrated. It could be concentrated but I have no exposure to the Mag 7 (it could be Fab 4 now) and so far I have no complaints with my investments. From ...