Company Update: CME Group Inc (NASDAQ:CME) – CME Group Named "Best Futures Exchange" by Markets Media Magazine

[PR Newswire] – CHICAGO, Feb. 25, 2016 /PRNewswire/ — CME Group , the world ’s leading and most diverse derivatives marketplace, today announced the company was named “Best Futures Exchange” at Markets Media’s … Read more on this. CME Group Inc. (CME) , valued at $31.34B, began trading this morning at $92.97. Today’s price range has been between $92.22 and $93.50 per share with the price of the stock fluctuating between $81.87 to $100.87 over the last 52 weeks. Priced at 21.14x this year’s forecasted earnings, CME shares are relatively expensive compared to the industry ’s 13.18x forward p/e ratio. And for those looking to make a return holding the stock, the company pays shareholders $2.40 per share annually in dividends, yielding 2.61%. According to a consensus of 14 analysts, the earnings estimate of $1.12 per share would be $0.14 better than the year-ago quarter and a $0.06 sequential increase. The full-year EPS estimate is $4.35 which would be a $0.49 improvement than last year’s full-year earnings. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $926.88 Million. If realized, that would be a 9.99% increase over the year-ago quarter. Recently, JP Morgan upgraded CME from Neutral to Overweight (Jan 13, 2016). Previously, BofA/Merrill upgraded CME from Neutral to Buy. The average price target for CME shares by the analysts covering it is $99.54, which is 7.07% above where the stock opened. See more in (NASDAQ:CME) Similar Articles: Company Update: CME Group Inc (NASDAQ:CME) – CME Group Announces Measures to Further Enhance Livestock Markets Market Update: CME Group Inc (NASDAQ:CME) – CME Group Announces Successful Launch of Ultra 10-Year Futures Stock Update (NASDAQ:CME): CME Group Named ‘Global Derivatives Exchange of the Year’ and ‘Derivatives Clearing House of the Year’ by GlobalCapital