CME Group downgraded by Citigroup with a new price target
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Citigroup downgraded CME Group from Buy to Neutral and set a new price target of $250.00 from $255.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/6/2025 | $255.00 → $250.00 | Buy → Neutral | Citigroup |
| 10/8/2024 | $244.00 | Buy → Neutral | Redburn Atlantic |
| 9/27/2024 | $235.00 | Sector Perform | RBC Capital Mkts |
| 9/26/2024 | $221.00 | Hold | TD Cowen |
| 9/3/2024 | $212.00 → $177.00 | Neutral → Underperform | BofA Securities |
| 6/21/2024 | $206.00 → $187.00 | Neutral → Underweight | JP Morgan |
| 1/8/2024 | $244.00 → $222.00 | Overweight → Equal Weight | Barclays |
| 1/3/2024 | $195.00 | Neutral → Sell | Goldman |
5 - CME GROUP INC. (0001156375) (Issuer)
4 - CME GROUP INC. (0001156375) (Issuer)
4 - CME GROUP INC. (0001156375) (Issuer)
Record revenue of $6.1 billion for full-year 2024, up 10%CHICAGO, Feb. 12, 2025 /PRNewswire/ -- CME Group Inc. (NASDAQ:CME) today reported financial results for the fourth quarter and full year of 2024. The company reported revenue of $1.5 billion and operating income of $947 million for the fourth quarter of 2024. Net income was $875 million and diluted earnings per common share were $2.40. On an adjusted basis, net income was $919 million and diluted earnings per common share were $2.52. Financial results presented on an adjusted basis for the fourth quarter of 2024 and 2023 exclude certain items, which are detailed in the reconciliation of non-GAAP results.1 Total revenue for full-year 2
CHICAGO, Feb. 10, 2025 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced its new physically-delivered Ethanol futures and options are now available for trading. A total of five futures contracts traded on February 7, 2025. "We are pleased to see industry support for our latest Ethanol contracts, which have enhanced specifications and are complementary to our existing suite of renewable fuel products," said Peter Keavey, Global Head of Energy and Environmental Products at CME Group. "Ethanol is an increasingly important component of the transportation fuel mix, and the physically-delivered futures will allow gasoline blenders and other commercial users t
CHICAGO, Feb. 10, 2025 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that its expanded suite of Weekly agricultural options on grains and oilseed futures, which now include an expiry for every day of the trading week, are available for trading. "With an expiry now available for every day of the week, CME Group will provide market participants with maximum flexibility as we head into the growing season," said John Ricci, Managing Director and Global Head of Agricultural Markets. "Amid continued economic uncertainty, demand for our short-term options continues to increase as clients look for more tools to efficiently manage price risk." "We are very p
4 - CME GROUP INC. (0001156375) (Issuer)
4 - CME GROUP INC. (0001156375) (Issuer)
4 - CME GROUP INC. (0001156375) (Issuer)
SC 13G/A - CME GROUP INC. (0001156375) (Subject)
SC 13G/A - CME GROUP INC. (0001156375) (Subject)
SC 13G/A - CME GROUP INC. (0001156375) (Subject)
Record revenue of $6.1 billion for full-year 2024, up 10%CHICAGO, Feb. 12, 2025 /PRNewswire/ -- CME Group Inc. (NASDAQ:CME) today reported financial results for the fourth quarter and full year of 2024. The company reported revenue of $1.5 billion and operating income of $947 million for the fourth quarter of 2024. Net income was $875 million and diluted earnings per common share were $2.40. On an adjusted basis, net income was $919 million and diluted earnings per common share were $2.52. Financial results presented on an adjusted basis for the fourth quarter of 2024 and 2023 exclude certain items, which are detailed in the reconciliation of non-GAAP results.1 Total revenue for full-year 2
CHICAGO, Feb. 6, 2025 /PRNewswire/ -- CME Group Inc., the world's leading derivatives marketplace, today declared a first-quarter dividend of $1.25 per share, a 9% increase from the prior level of $1.15 per share. The dividend is payable March 26, 2025 to shareholders of record as of March 7, 2025. As the world's leading derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest r
CHICAGO, Jan. 6, 2025 /PRNewswire/ -- CME Group Inc. will announce earnings for the fourth quarter and full year of 2024 before the markets open on Wednesday, February 12, 2025. Written highlights for the quarter will be posted on the company's website at 6:00 a.m. Central Time, the same time it provides its earnings press release. The company will also hold an investor conference call that day at 7:30 a.m. Central Time, at which time company executives will take analysts' questions. A live audio Webcast of the conference call will be available on the Investor Relations section of the company's website. Following the conference call, an archived recording will be available at the same site
Citigroup downgraded CME Group from Buy to Neutral and set a new price target of $250.00 from $255.00 previously
Redburn Atlantic downgraded CME Group from Buy to Neutral and set a new price target of $244.00
RBC Capital Mkts initiated coverage of CME Group with a rating of Sector Perform and set a new price target of $235.00
8-K - CME GROUP INC. (0001156375) (Filer)
8-K - CME GROUP INC. (0001156375) (Filer)
8-K - CME GROUP INC. (0001156375) (Filer)
CHICAGO, July 8, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced the appointment of Mike Dennis as Global Head, Fixed Income. In this position, Dennis will oversee the company's largest, most actively traded global benchmark futures and options contracts on SOFR and U.S. Treasuries, including the 30-year bond, 10-, 5- and 2-year notes that enable investors to manage risk across the entire U.S. yield curve. He will also lead BrokerTec, the world's most liquid electronic cash trading platform for U.S Treasury benchmarks, E.U., U.K. and U.S. Repo trading. Dennis will report to CME Group Chairman and Chief Executive Officer Terry Duffy and serve on th
CHICAGO, June 3, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced the appointment of John Ricci as Managing Director and Global Head of Agricultural Products. Reporting to Derek Sammann, Senior Managing Director and Global Head of Commodities Markets, Ricci will be responsible for leading the development, execution and management of the exchange's agricultural business globally. He will be based in Chicago. "We are pleased to welcome John to CME Group," said Derek Sammann, Senior Managing Director and Global Head of Commodities Markets. "Our benchmark agricultural products play a vital role in the global economy, helping our customers manage risk
CHICAGO, May 9, 2024 /PRNewswire/ -- CME Group Inc. (NASDAQ:CME) today announced the preliminary shareholder voting results from its 2024 annual meeting. At the meeting, shareholders: Elected Terrence A. Duffy, Kathryn Benesh, Timothy S. Bitsberger, Charles P. Carey, Bryan T. Durkin, Harold Ford Jr., Martin J. Gepsman, Larry G. Gerdes, Daniel R. Glickman, Daniel G. Kaye, Phyllis M. Lockett, Deborah J. Lucas, Terry L. Savage, Rahael Seifu, William R. Shepard, Howard J. Siegel and Dennis A. Suskind, each for a one-year term expiring in 2025;Ratified the appointment of Ernst & Young LLP as the company's independent registered public accounting firm for 2024;Approved, on an advisory basis, the