IBKR Stock Summary and Trading Ideas (Interactive Brokers Group - Class A | NASDAQ:IBKR)

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 ETFs. 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 U.S. and 30% from international markets.

Interactive Brokers Group - Class A trades on the NASDAQ stock market under the symbol IBKR.

As of April 24, 2024, IBKR stock price climbed to $116.21 with 344,161 million shares trading.

IBKR has a beta of 0.18, meaning it tends to be less sensitive to market movements. IBKR has a correlation of 0.01 to the broad based SPY ETF.

IBKR has a market cap of $12.45 billion. This is considered a Large Cap stock.

Last quarter Interactive Brokers Group - Class A reported $1 billion in Revenue and $1.64 earnings per share. This beat revenue expectation by $3 million and exceeded earnings estimates by $.01.

In the last 3 years, IBKR stock traded as high as $116.92 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 +43.7% while the SPY ETF gained +24.4%. IBKR has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +27.2% and +4.6%, respectively, while the SPY returned +4.7% and -2.5%, respectively.

IBKR support price is $112.99 and resistance is $116.39 (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 stock will trade within this expected range on the day.