Interactive Brokers Group (NASDAQ:IBKR) Given New $93.00 Price Target at BMO Capital Markets

Interactive Brokers Group (NASDAQ:IBKR) had its price target lifted by BMO Capital Markets from $80.00 to $93.00 in a research note published on Wednesday,Benzinga reports. The firm currently has an outperform rating on the financial services provider’s stock.

Other research analysts have also issued reports about the stock. Jefferies Financial Group lowered their target price on shares of Interactive Brokers Group from $91.00 to $81.00 and set a “buy” rating on the stock in a research report on Monday, April 6th. Barclays upped their price target on Interactive Brokers Group from $85.00 to $93.00 and gave the stock an “overweight” rating in a report on Wednesday. Zacks Research cut Interactive Brokers Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 24th. Keefe, Bruyette & Woods assumed coverage on Interactive Brokers Group in a report on Wednesday, April 8th. They issued a “market perform” rating and a $75.00 price target on the stock. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Interactive Brokers Group in a report on Monday, December 29th. Seven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $83.25.

Interactive Brokers Group Stock Performance

Shares of Interactive Brokers Group stock opened at $78.11 on Wednesday. The company has a market cap of $132.50 billion, a P/E ratio of 33.67, a PEG ratio of 2.20 and a beta of 1.25. Interactive Brokers Group has a one year low of $40.19 and a one year high of $82.88. The firm has a fifty day moving average of $71.07 and a two-hundred day moving average of $69.63.

Interactive Brokers Group (NASDAQ:IBKR) last announced its quarterly earnings results on Tuesday, April 21st. The financial services provider reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.03. The business had revenue of $1.68 billion during the quarter, compared to the consensus estimate of $1.69 billion. Interactive Brokers Group had a net margin of 9.65% and a return on equity of 5.31%. The business’s revenue was up 17.0% compared to the same quarter last year. During the same quarter last year, the firm posted $1.94 EPS. As a group, equities analysts predict that Interactive Brokers Group will post 2.45 earnings per share for the current year.

Interactive Brokers Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Monday, June 1st will be issued a dividend of $0.0875 per share. This is an increase from Interactive Brokers Group’s previous quarterly dividend of $0.08. The ex-dividend date is Monday, June 1st. This represents a $0.35 annualized dividend and a yield of 0.4%. Interactive Brokers Group’s payout ratio is 14.48%.

Insiders Place Their Bets

In other Interactive Brokers Group news, Vice Chairman Earl H. Nemser sold 145,000 shares of the firm’s stock in a transaction dated Friday, January 23rd. The shares were sold at an average price of $77.85, for a total transaction of $11,288,250.00. Following the completion of the transaction, the insider directly owned 155,000 shares in the company, valued at approximately $12,066,750. This trade represents a 48.33% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In the last ninety days, insiders have sold 300,000 shares of company stock worth $23,044,122. Company insiders own 2.80% of the company’s stock.

Hedge Funds Weigh In On Interactive Brokers Group

Several hedge funds have recently added to or reduced their stakes in IBKR. Reflection Asset Management purchased a new position in Interactive Brokers Group during the 4th quarter valued at about $26,000. Murphy & Mullick Capital Management Corp acquired a new stake in shares of Interactive Brokers Group during the 3rd quarter worth about $27,000. IMA Advisory Services Inc. boosted its stake in shares of Interactive Brokers Group by 64.3% during the 4th quarter. IMA Advisory Services Inc. now owns 455 shares of the financial services provider’s stock worth $29,000 after purchasing an additional 178 shares during the last quarter. Tobam acquired a new stake in shares of Interactive Brokers Group during the 4th quarter worth about $30,000. Finally, Entrust Financial LLC acquired a new stake in shares of Interactive Brokers Group during the 4th quarter worth about $31,000. 23.80% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Interactive Brokers Group

Here are the key news stories impacting Interactive Brokers Group this week:

• Positive Sentiment: Multiple brokerages raised price targets and maintained bullish ratings, signaling analyst conviction and potential upside (Goldman Sachs to $98, BMO to $93, Barclays to $93, Piper Sandler to $88). These upgrades support upside expectations for the shares. Benzinga
• Positive Sentiment: Dividend was increased to $0.0875/share (annualized yield ~0.4%), a ~9.4% hike from the prior quarter — a shareholder-friendly action that can support the stock. (Company announcement)
• Positive Sentiment: Retail and institutional account growth surged ~32% YoY in Q1, and DARTs/accounts strength indicates durable client acquisition and engagement, which supports longer-term revenue potential. MarketWatch
• Positive Sentiment: An institutional buyer (Asset Management One) increased its stake, a modest vote of confidence from a money manager. DefenseWorld
• Neutral Sentiment: Earnings call transcript and analyst previews provide more detail on trends (expenses, client metrics, product evolution) that investors will parse for forward cues. Seeking Alpha
• Negative Sentiment: Q1 results were mixed: revenue slightly missed the Street (~$1.68B vs. ~$1.69B expected) and rising expenses weighed on margins — this headline miss drove initial selling. Benzinga
• Negative Sentiment: Some outlets flagged that EPS/earnings dynamics disappointed on an adjusted basis (Zacks/other reports note higher expenses and Q1 EPS nuances), reinforcing near-term profit-growth concerns. Zacks

About Interactive Brokers Group

Interactive Brokers Group, Inc (NASDAQ: IBKR) is a global electronic brokerage holding company that provides trading, clearing and custody services to retail traders, institutional investors, proprietary trading groups and financial advisors. The firm offers direct access to a wide range of asset classes, including equities, options, futures, foreign exchange, bonds and exchange-traded funds across many international markets. Interactive Brokers emphasizes electronic order execution, automated trading and low transaction costs as core differentiators for its clients.

Its product suite centers on advanced trading platforms and infrastructure.