Should You Consider Adding Interactive Brokers Group IBKR to Your Portfolio?

ibkr stock price

Interactive Brokers shares fell as much as 5% after hours, fol… Charles Schwab is the largest brokerage business in the U.S., a leading provider for financial advisors, a top ETF asset manager and one of the biggest banks. Interactive Brokers expanded its overnight trading offerings to include more than 10,000 US stocks and ETFs, one of the widest offerings available to investors. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed.

ibkr stock price

Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Most exchanges and data vendors classify clients as either non-professional or professional. By default, organizations such as corporations, limited liability companies, partnerships and any account where the data is used for more than personal investment purposes is deemed to be professional.

Company Summary

Additionally, the launches of IBKR GlobalTrader, IBKR Lite and Impact Dashboard have strengthened its foothold and boosted market share.So far this year, shares of IBKR have jumped 29% against the industry’s fall of 6.8%. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.32% per year. These returns cover a period from January 1, 1988 through July 31, 2023.

July 2024 Options Now Available For Interactive Brokers Group (IBKR) – Nasdaq

July 2024 Options Now Available For Interactive Brokers Group (IBKR).

Posted: Mon, 28 Aug 2023 07:00:00 GMT [source]

GREENWICH, Conn.–(BUSINESS WIRE)–Interactive Brokers announced that clients of Interactive Brokers can trade shares on Nasdaq Copenhagen (CPH) and the Prague Stock Exchange (PSE). Interactive Brokers Group Inc.’s IBKR, +2.95% stock fell more than 4% in extended trading Tuesday after the online banking company reported quarterly results that felt shy of analysts’ estimates. According to 5 analysts, the average rating for IBKR stock is “Strong Buy.” The 12-month stock price forecast is $113.6, which is an increase of 22.55% from the latest price. Recent stocks from this report have soared up to +178.7% in 3 months – this month’s picks could be even better.

Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. IBKR, +1.13% shares fell late Tuesday after the electronic broker missed the Street consensus on earnings.

Increase your allowance of simultaneous quotes windows by purchasing monthly Quote Booster packs at USD 30.00 per pack. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 114 employees have rated Interactive Brokers Group Chief Executive Officer Thomas Peterffy on Thomas Peterffy has an approval rating of 59% among the company’s employees. This puts Thomas Peterffy in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 17th 2023.

This stock brokerage firm just saw its interest income rocket higher by 305%. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score.

Ratings for Interactive Brokers Group, Inc.

Trading on margin is only for experienced investors with high risk tolerance. For additional information about rates on margin loans, please see Margin Loan Rates. Security futures involve a high degree of risk and are not suitable for all investors. The amount you may lose may be greater than your initial investment. Before trading security futures, read the Security Futures Risk Disclosure Statement. Structured products and fixed income products such as bonds are complex products that are more risky and are not suitable for all investors.

Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations.

Clients will be eligible for capping when their snapshot requests equal the price of the streaming quote service. For more information read the Characteristics and Risks of Standardized Options, also known as the options what do you mean by commercial banks disclosure document (ODD). Alternatively, please contact IB Customer Service to receive a copy of the ODD. Before trading, clients must read the relevant risk disclosure statements on our Warnings and Disclosures page.

The consensus among Wall Street research analysts is that investors should “buy” IBKR shares. Baron Funds, an investment management firm, released its “Focused Growth Fund” second quarter 2023 investor letter, a copy of which can be downloaded here. The fund advanced 7.38% (Institutional Shares) in the second quarter. The fund’s primary benchmark rose 6.41% during the same period and the S&P 500 Index, increased 8.74%. The fund’s Core Growth and Disruptive Growth companies led the strong performance of the fund in the quarter.

Interactive Brokers Expands Overnight Trading to Over 10,000 US Stocks and ETFs

In addition, private persons may be considered professional if they are registered as a security or investment advisor, or act in a similar capacity. A trader who is employed by a financial services business may also be considered a professional. Click here for more information about non-professional qualifications. The Snapshot capability allows users to request a singular instance, non-streaming quote of market data for an individual stock. They are an alternative to streaming quotes as users are charged on a per request basis as opposed to a monthly flat fee. U.S. listed equities are USD 0.01 per request and all other instruments are USD 0.03 per request.

Interactive Brokers Group, Inc. (IBKR) leads the Capital Markets industry with an overall score of 82. IBKR is up 32.92% so far this year after the company closed yesterday at $92.7. The overall score measures the company’s performance based-off both short and long term indicators and means that IBKR scores better than 82% of the overall market. The technique has proven to be very useful for finding positive surprises. In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity.

Interactive Brokers Group saw a increase in short interest in August. As of August 31st, there was short interest totaling 2,410,000 shares, an increase of 10.0% from the August 15th total of 2,190,000 shares. Based on an average daily trading volume, of 916,500 shares, the days-to-cover ratio is currently 2.6 days. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. Unlike the rest of the market, these two stocks are starting 2023 on the front foot.

What’s Driving Futu Holdings Ltd’s Surprising 66% Stock Rally?

Our experts picked 7 Zacks Rank #1 Strong Buy stocks with the best chance to skyrocket within the next days. Investors will want to consider buying into this rapidly growing broker stock. Buy these three resilient stocks, regardless of what the economy is doing. Interactive Brokers just reported mixed results for the second quarter of 2023. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Interactive Brokers Group, Inc. operates as an automated electronic broker worldwide. The company specializes in routing, executing, and processing trades in stocks, options, futures, foreign exchange instruments, bonds, mutual funds, exchange traded funds (ETFs), metals, and cryptocurrencies. It also custodies and services accounts for hedge and mutual funds, ETFs, registered investment advisors, proprietary trading groups, introducing brokers, and individual investors. In addition, it offers custody, prime brokerage, securities, and margin lending services. The company serves institutional and individual customers through approximately 150 electronic exchanges and market centers. Interactive Brokers Group, Inc. was founded in 1977 and is headquartered in Greenwich, Connecticut.

To see all exchange delays and terms of use please see Barchart’s disclaimer. Interactive Brokers Group’s stock was trading at $72.35 at the beginning of the year. Since then, IBKR shares have increased by 28.1% and is now trading at $92.70. The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed Income can be substantial.

  • Interactive Brokers Group, Inc. operates as an automated electronic broker worldwide.
  • Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations.
  • In addition, it offers custody, prime brokerage, securities, and margin lending services.

The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Thomas Peterffy, Interactive Brokers founder and chairman, joins ‘Squawk Box’ to discuss the company’s quarterly earnings, which fell short on profit estimates, the state of the retail investor, and m…

One share of IBKR stock can currently be purchased for approximately $92.70. Sign-up to receive the latest news and ratings for Interactive Brokers Group and its competitors with MarketBeat’s FREE daily newsletter.

Should Interactive Brokers Group, Inc. (IBKR) Stock Be in Your Portfolio? – InvestorsObserver

Should Interactive Brokers Group, Inc. (IBKR) Stock Be in Your Portfolio?.

Posted: Mon, 28 Aug 2023 07:00:00 GMT [source]

Interactive Brokers Group’s stock is owned by a variety of retail and institutional investors. Insiders that own company stock include Arne Alexander Wilhelmsen, Denis Mendonca, Earl H Nemser, Hongming Chen, Paul Jonathan Brody, Philip Uhde, Shelby J Butterfield, Thomas Aj Frank, Thomas Peterffy and Tracy Austin Stevenson. Interactive Brokers Group announced a quarterly dividend on Tuesday, July 18th. Stockholders of record on Friday, September 1st will be paid a dividend of $0.10 per share on Thursday, September 14th. This represents a $0.40 annualized dividend and a yield of 0.43%.

Interactive Brokers’ Thomas Peterffy on earnings miss: We were hit by an unexpected large expense

In addition, you can check the top 5 holdings of the fund to know its best picks in 2023. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities. With its low-priced offering and leading range of capabilities, we believe that Interactive Brokers is well positioned to not just continue its rapid pace of account growth from just over 2 million clients today but to accelerate growth. The company’s focus on automation should enable it to continue being the low-cost provider, while earning best-in-class margins, which we believe should lead to double-digit revenue and earnings growth over the long run.”

An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. Please log in to your account or sign up in order to add this asset to your watchlist.

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