Workflow
IBG, Inc.(IBKR)
icon
Search documents
Homerun Resources Inc. Signs Marketing Agreement with Interactive Offers
Newsfile· 2024-11-01 20:00
Vancouver, British Columbia--(Newsfile Corp. - November 1, 2024) - Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) ("Homerun" or the "Company") is pleased to announce that the Company has signed an agreement with Interactive Offers ("Interactive Offers") to provide marketing services to increase public awareness of the Company.Interactive Offers is a full-service financial advertising platform, offering a complete suite of advertising solutions in one place. Interactive Offers uses first-party data and p ...
Interactive Brokers Group, Inc. (IBKR) Crossed Above the 20-Day Moving Average: What That Means for Investors
ZACKS· 2024-10-29 14:35
Interactive Brokers Group, Inc. (IBKR) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, IBKR crossed above the 20-day moving average, suggesting a short-term bullish trend.The 20-day simple moving average is a popular investing tool. Traders like this SMA because it offers a look back at a stock's price over a shorter period and helps smooth out price fluctuations. The 20-day can also show more trend reversal signals than longer-term ...
ForecastEx, LLC Announces New Clearing Member
Prnewswire· 2024-10-28 19:27
CHICAGO, Oct. 28, 2024 /PRNewswire/ -- ForecastEx, LLC ("ForecastEx"), the first and only CFTC Designated Contract Market and Derivative Clearing Organization offering event contracts to Futures Commission Merchants (FCMs) and their customers, is pleased to announce the approval of a new Clearing Member, Robinhood Derivatives, LLC. ForecastEx offers FCMs and their customers the ability to hedge against or express conviction on the outcome of key political, economic and climate events using Forecast Contract ...
Why Interactive Brokers Group, Inc. (IBKR) is a Top Momentum Stock for the Long-Term
ZACKS· 2024-10-23 14:50
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scores?The Z ...
How to Play IBKR Stock Post Q3 Earnings and Amid Presidential Poll?
ZACKS· 2024-10-22 14:00
Shares of Interactive Brokers Group (IBKR) have soared 80.5% this year. This impressive rise has significantly outpaced the 28.1% rally of the industry it belongs to and the 22.9% growth of the Zacks S&P 500 composite.Compared with its peers in the brokerage space, IBKR’s performance is notably stronger. Charles Schwab (SCHW) has gained just 3%, while Tradeweb Markets Inc. (TW) stock is up 47.9% in the same timeframe.Year-to-Date Price Performance Image Source: Zacks Investment ResearchOn Oct. 15, IBKR anno ...
This Unstoppable Stock Is Up 73% in 2024, and It Could Soar Again in 2025
The Motley Fool· 2024-10-21 08:27
Market Performance and Client Growth - The bull market has significantly benefited Interactive Brokers, with its stock up 80% in 2024, outperforming the S&P 500's 23% return [1] - The company serves a record 3 1 million client accounts as of Q3 2024, a 31% increase year-over-year, marking the strongest quarter since the meme stock frenzy in Q1 2021 [2] - Client equity reached $541 billion in Q3 2024, up 46% year-over-year, driven by both market appreciation and new deposits [2] Trading Activity and Revenue Growth - Trading activity surged in Q3 2024, with options, stock, and futures volumes growing 35%, 22%, and 13% year-over-year, respectively [4] - Total revenue for Q3 2024 was $1 36 billion, a 19% increase year-over-year, with commission revenue up 31% to $435 million due to strong trading volumes [5] - Net interest revenue grew 9% to $802 million in Q3 2024, but future growth may be hindered by Federal Reserve rate cuts [6] Financial Position and Valuation - Interactive Brokers had $55 8 billion in outstanding margin loans in Q3 2024, up 28% year-over-year, reflecting bullish investor sentiment [3] - The company's segregated cash (client money) on its balance sheet increased to $35 2 billion in Q3 2024, up from $26 3 billion in the year-ago quarter [6] - Despite a 73% stock price gain in 2024, the company trades at a P/E ratio of 22 3, a 10% discount to the S&P 500's P/E of 24 7 [7] Future Outlook - Falling interest rates may pressure Interactive Brokers' interest revenue, but higher client equity and trading volumes could offset this decline [6][8] - Analysts expect no growth in earnings per share for 2025, but record commission revenue could support further stock price gains [7][8]
Interactive Brokers: Expansion Balanced By Rate Cuts
Seeking Alpha· 2024-10-17 10:25
My articles are written with a mind to owning a stock for years, not trying to predict price movements in a few months. I don't do target prices; I do valuations.I first entered investing in 2020 as an individual value investor, keen to understand the fundamentals of businesses and buy their shares at attractive prices. From May 2022 to May 2023, I worked as an investment advisory representative at Fidelity Investments. I am now self-employed through other ventures.Part of my technique is to write an articl ...
Interactive Brokers Q3 Earnings Increase Y/Y on Higher Revenues
ZACKS· 2024-10-16 17:00
Interactive Brokers Group’s (IBKR) third-quarter 2024 adjusted earnings per share of $1.75 reflects a rise of 12.9% from the prior-year quarter’s actual.  The Zacks Consensus Estimate for the metric was $1.78.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Results were primarily aided by an increase in revenues. The company recorded growth in customer accounts in the quarter, which, along with a rise in daily average revenue trades (DARTs), was another tailwind. However, higher expe ...
Interactive Brokers: Growing Introducing Broker Business; Initiate With 'Buy'
Seeking Alpha· 2024-10-16 02:05
Interactive Brokers (NASDAQ: IBKR ) has been growing their introducing broker business, attracting more brokers to its platform. Interactive Brokers is able to provide competitive pricing to their customers thanks to their business automation. I am initiating with a ‘Buy’ ratingMore than 15 years of professional investment experience in global equities across all sectors. My investment style is fundamental, bottom-up, long-term, and quality growth-oriented. I am seeking companies specializing in niche marke ...
IBG, Inc.(IBKR) - 2024 Q3 - Earnings Call Transcript
2024-10-15 23:32
Interactive Brokers Group, Inc. (NASDAQ:IBKR) Q3 2024 Results Conference Call October 15, 2024 4:30 PM ET Company Participants Nancy Stuebe - Director of Investor Relations Thomas Peterffy - Founder and Chairman Milan Galik - President and Chief Executive Officer Paul Brody - Chief Financial Officer Conference Call Participants Patrick Moley - Piper Sandler James Yaro - Goldman Sachs Dan Fannon - Jefferies LLC Chris Allen - Citi Brennan Hawken - UBS Benjamin Budish - Barclays Macrae Sykes - GAMCO Operator G ...