William Blair Increases Earnings Estimates for MarketAxess

Key Points

• William Blair updated its earnings per share (EPS) estimates for MarketAxess, projecting Q3 2025 EPS of $1.87, an increase from the previous estimate of $1.81.
• MarketAxess reported Q2 earnings of $2.00 per share, surpassing analysts' expectations of $1.94, and saw an 11% revenue increase year-over-year to $219.46 million.
• The firm recently declared a quarterly dividend of $0.76 per share, with an annualized rate of $3.04, reflecting a dividend yield of 1.6%.

MarketAxess Holdings Inc. (NASDAQ:MKTX - Free Report) - Research analysts at William Blair boosted their Q3 2025 EPS estimates for MarketAxess in a note issued to investors on Thursday, August 7th. William Blair analyst J. Schmitt now forecasts that the financial services provider will post earnings per share of $1.87 for the quarter, up from their previous forecast of $1.81. The consensus estimate for MarketAxess' current full-year earnings is $7.79 per share. William Blair also issued estimates for MarketAxess' Q4 2025 earnings at $1.80 EPS, Q1 2026 earnings at $2.11 EPS, Q3 2026 earnings at $2.16 EPS, Q4 2026 earnings at $2.04 EPS and Q1 2027 earnings at $2.33 EPS.

MarketAxess (NASDAQ:MKTX - Get Free Report) last issued its earnings results on Wednesday, August 6th. The financial services provider reported $2.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.94 by $0.06. MarketAxess had a net margin of 26.62% and a return on equity of 20.41%. The firm had revenue of $219.46 million during the quarter, compared to analysts' expectations of $218.05 million. During the same quarter last year, the company posted $1.72 earnings per share. The firm's revenue was up 11.0% compared to the same quarter last year.

MKTX has been the subject of several other research reports. Piper Sandler restated a "neutral" rating and set a $204.00 price target (up previously from $202.00) on shares of MarketAxess in a research report on Tuesday, July 15th. Morgan Stanley dropped their price target on shares of MarketAxess from $283.00 to $274.00 and set an "overweight" rating on the stock in a research report on Tuesday, July 15th. Jefferies Financial Group dropped their price target on shares of MarketAxess from $217.00 to $208.00 and set a "hold" rating on the stock in a research report on Monday. UBS Group dropped their price target on shares of MarketAxess from $295.00 to $255.00 and set a "buy" rating on the stock in a research report on Thursday, August 7th. Finally, Citigroup raised their price target on shares of MarketAxess from $250.00 to $265.00 and gave the company a "buy" rating in a research report on Thursday, May 8th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $229.70.

MarketAxess Stock Performance

Shares of MarketAxess stock traded up $1.33 during trading on Monday, hitting $189.55. 366,098 shares of the company's stock were exchanged, compared to its average volume of 590,529. The business has a 50-day simple moving average of $214.48 and a 200-day simple moving average of $212.97. MarketAxess has a 52-week low of $182.99 and a 52-week high of $296.68. The stock has a market capitalization of $7.08 billion, a price-to-earnings ratio of 31.90, a PEG ratio of 3.60 and a beta of 0.84.

MarketAxess Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 3rd. Stockholders of record on Wednesday, August 20th will be given a $0.76 dividend. The ex-dividend date is Wednesday, August 20th. This represents a $3.04 annualized dividend and a dividend yield of 1.6%. MarketAxess's dividend payout ratio (DPR) is 51.18%.

Institutional Trading of MarketAxess

Institutional investors have recently modified their holdings of the stock. Geneos Wealth Management Inc. grew its position in shares of MarketAxess by 200.0% in the first quarter. Geneos Wealth Management Inc. now owns 120 shares of the financial services provider's stock valued at $26,000 after purchasing an additional 80 shares during the period. True Wealth Design LLC boosted its position in MarketAxess by 992.9% during the second quarter. True Wealth Design LLC now owns 153 shares of the financial services provider's stock worth $34,000 after acquiring an additional 139 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its position in MarketAxess by 49.1% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 164 shares of the financial services provider's stock worth $35,000 after acquiring an additional 54 shares during the last quarter. Harbor Investment Advisory LLC acquired a new position in MarketAxess during the second quarter worth about $37,000. Finally, UMB Bank n.a. boosted its position in MarketAxess by 57.4% during the first quarter. UMB Bank n.a. now owns 222 shares of the financial services provider's stock worth $48,000 after acquiring an additional 81 shares during the last quarter. Institutional investors and hedge funds own 99.01% of the company's stock.

MarketAxess Company Profile

MarketAxess Holdings Inc, together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer companies worldwide. The company offers trading technology that provides liquidity access in U.S. high-grade bonds, U.S. high-yield bonds, emerging market debt, eurobonds, municipal bonds, U.S.