At $176.41, CME Group is down to its lowest value in 2 months

Published: May 26 2023, 21:31 GMT+0

At $176.41, CME Group is down to its lowest value in 2 months

After ending today at $176.67, the financial derivatives exchange dropped 35 cents to $176.41, reaching its lowest point in 2 months. Today's trading volume was 1 million shares which is slightly under the 21-day average of 1 million.

With investors awaiting market open on the NASDAQ in 3 days, today's session was noteworthy in that S&P 500 went up to 4,205.45, making a 1.3% change. While CME Group remained flat today, the Financial Services sector went up by 0.157%.

CME Group disclosed a quarterly dividend of $1.1 per share on Thursday, February 2nd that was paid on Monday, March 27th to all shareholders of record up until Friday, March 10th. Based on current prices, the company's decision thereby provides CME Group investors with an annual dividend yield of 2.49%.

Meanwhile, mixed performances were seen by other financials stocks as American Express traded at $157.24 after closing today's trading day at $151.08 (up 4.08%). Goldman Sachs added 2.51% to its value, and traded at $332. The Blackstone Group Inc. gained 2.6%, as it traded at $85.7.

Pointing downwards for around a month. So far this year, it has been doing worse than the S&P by 4.08%. Currently, the financial derivatives exchange has a market capitalization of $63.55 billion with an average daily trading volume of 1 million shares. CME Group is forecasted to generate revenues of $1.39 billion and EPS of $2.37.

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