29-Nov-2024
Stocks to watch on Friday: MSFT, brokerage firms, retailers and more
Seeking Alpha News (Fri, 29-Nov 9:26 AM ET)
SEC Approves 24X National Exchange for 24-Hour Trading
TipRanks (Thu, 28-Nov 9:03 AM ET)
Trade Around the Clock: SEC approves the 24X National Exchange
Seeking Alpha News (Thu, 28-Nov 5:01 AM ET)
Trade around the clock: SEC approves the 24X National Exchange
Seeking Alpha News (Thu, 28-Nov 5:01 AM ET)
Crypto stocks thrust into trading focus as bitcoin hunts for $100K price, IBKR says
Seeking Alpha News (Wed, 27-Nov 10:00 AM ET)
Business Wire (Fri, 1-Nov 1:12 PM ET)
Bullish On IBKR? You Might Want To Consider This Credit Put Spread Expiring in 13 Days
Market Chameleon (Wed, 30-Oct 7:55 AM ET)
ForecastEx, LLC Announces New Clearing Member
PRNewswire (Mon, 28-Oct 3:27 PM ET)
Interactive Brokers Group Issues Form 8-K/A Disclosing Revised Operating Results for 3Q2024
Business Wire (Tue, 22-Oct 7:44 AM ET)
Interactive Brokers Opens New Office in DIFC Dubai
Business Wire (Wed, 16-Oct 8:00 AM ET)
Interactive Brokers is an online brokerage that generates trading commissions (around 31% of net revenue) from facilitating trading in a wide range of products, including equity, options, futures, foreign exchange, bonds, mutual funds, and exchange-traded funds. Interactive Brokers also generates net interest income (about 64% of net revenue) from idle client cash and earns fees (about 6% of net revenue) from ancillary services. Principal trading and other miscellaneous activities are small (about 5% of net revenue). The firm derives about 70% of its net revenue from the US and 30% from international markets.
Interactive Brokers Group - Class A trades on the NASDAQ stock market under the symbol IBKR.
As of November 29, 2024, IBKR stock price climbed to $191.09 with 525,247 million shares trading.
IBKR has a beta of 0.61, meaning it tends to be less sensitive to market movements. IBKR has a correlation of 0.09 to the broad based SPY ETF.
IBKR has a market cap of $20.80 billion. This is considered a Large Cap stock.
Last quarter Interactive Brokers Group - Class A reported $1 billion in Revenue and $1.75 earnings per share. This beat revenue expectation by $35 million and missed earnings estimates by -$.07.
In the last 3 years, IBKR traded as high as $193.42 and as low as $52.18.
The top ETF exchange traded funds that IBKR belongs to (by Net Assets): IJH, VTI, VO, VXF, MDY.
IBKR has outperformed the market in the last year with a price return of +150.4% while the SPY ETF gained +34.1%. IBKR has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +51.1% and +6.2%, respectively, while the SPY returned +8.2% and +2.9%, respectively.
IBKR support price is $187.63 and resistance is $194.49 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IBKR shares will trade within this expected range on the day.