CME Group Inc (CME) To Go Ex-Dividend on December 7th

CME Group Inc (NASDAQ:CME) announced a quarterly dividend on Wednesday, November 8th, RTT News reports. Stockholders of record on Friday, December 8th will be paid a dividend of 0.66 per share by the financial services provider on Wednesday, December 27th. This represents a $2.64 annualized dividend and a dividend yield of 1.74%. The ex-dividend date of this dividend is Thursday, December 7th.

Shares of CME Group (NASDAQ:CME) opened at $152.11 on Wednesday. The firm has a market cap of $52,023.63, a P/E ratio of 32.09, a PEG ratio of 3.15 and a beta of 0.73. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.11. CME Group has a 12-month low of $113.27 and a 12-month high of $155.29.

CME Group (NASDAQ:CME) last issued its quarterly earnings data on Thursday, October 26th. The financial services provider reported $1.19 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.03. The business had revenue of $890.80 million during the quarter, compared to the consensus estimate of $890.22 million. CME Group had a net margin of 40.94% and a return on equity of 7.89%. The company’s revenue was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.05 EPS. research analysts expect that CME Group will post 4.78 earnings per share for the current fiscal year.

In other CME Group news, insider Sunil Cutinho sold 2,600 shares of the business’s stock in a transaction on Friday, November 17th. The shares were sold at an average price of $139.57, for a total value of $362,882.00. Following the transaction, the insider now directly owns 22,301 shares of the company’s stock, valued at approximately $3,112,550.57. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Dennis Suskind sold 750 shares of the business’s stock in a transaction on Monday, September 11th. The shares were sold at an average price of $129.34, for a total transaction of $97,005.00. Following the completion of the transaction, the director now directly owns 5,059 shares in the company, valued at $654,331.06. The disclosure for this sale can be found here. In the last quarter, insiders sold 34,921 shares of company stock valued at $5,016,248. 0.57% of the stock is owned by insiders.

Several analysts have recently weighed in on the stock. BidaskClub upgraded shares of CME Group from a “hold” rating to a “buy” rating in a research report on Wednesday. Barclays boosted their price objective on shares of CME Group from $139.00 to $149.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 10th. Wells Fargo & Company boosted their price objective on shares of CME Group from $130.00 to $145.00 and gave the stock a “market perform” rating in a research report on Wednesday, October 4th. Royal Bank Of Canada upped their price target on shares of CME Group from $135.00 to $147.00 and gave the company an “outperform” rating in a research report on Monday, October 16th. Finally, Citigroup upped their price target on shares of CME Group from $138.00 to $155.00 and gave the company a “buy” rating in a research report on Thursday, October 19th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and eight have issued a buy rating to the company’s stock. CME Group currently has an average rating of “Buy” and an average price target of $141.75.

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About CME Group

CME Group Inc, through its exchanges, provides products across all asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. The Company’s segment primarily consists of the Chicago Mercantile Exchange Inc (CME), Board of Trade of the City of Chicago, Inc (CBOT), New York Mercantile Exchange, Inc (NYMEX) and Commodity Exchange, Inc (COMEX) exchanges.

Dividend History for CME Group (NASDAQ:CME)

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