MarketAxess (MKTX) Stock Price, News & Analysis

Company Overview

MarketAxess Holdings Inc. operates an electronic trading platform for fixed-income securities. Its marketplace connects institutional investors and broker-dealers, enabling them to trade bonds and other debt instruments through electronic tools such as request-for-quote and open trading protocols.

The platform supports trading across a range of fixed-income markets, including U.S. and European corporate bonds, U.S. Treasuries, municipal bonds, emerging-market debt and other securities. MarketAxess also provides market data and trading analytics to help clients assess prices and make trading decisions.

Founded in 2000, MarketAxess serves clients in North America, Europe and Asia. The company is headquartered in New York City.

Key Stats

• Today's Range: $165.16 to $165.16
• 50-Day Range: $162.63 to $165.68
• 52-Week Range: $108.75 to $195.96
• Volume: 201 shs
• Average Volume: 754,939 shs
• Market Capitalization: $5.81 billion
• P/E Ratio: 20.19
• Dividend Yield: 1.89%
• Price Target: $159.44
• Consensus Rating: Hold

MarketAxess Stock Analysis - MarketRank™

MarketAxess scored higher than 38% of companies evaluated by MarketBeat, and ranked 665th out of 834 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.4 / 5
• Analyst Rating: Hold

Consensus Rating

MarketAxess has received a consensus rating of Hold. The company's average rating score is 2.08, and is based on no strong buy ratings, 1 buy rating, 12 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for MarketAxess is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

MarketAxess has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 8.77%

Earnings Growth

Earnings for MarketAxess are expected to grow by 8.77% in the coming year, from $7.98 to $8.68 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of MarketAxess is 21.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.13.

Price to Earnings Ratio vs. Sector

The P/E ratio of MarketAxess is 21.40, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 20.48.

Price to Earnings Growth Ratio

MarketAxess has a PEG Ratio of 2.21. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

MarketAxess has a P/B Ratio of 5.38. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

9.83% of the float of MarketAxess has been sold short.

Short Interest Ratio / Days to Cover

MarketAxess has a short interest ratio ("days to cover") of 5.46.

Change versus previous month

Short interest in MarketAxess has recently increased by 7.13%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

MarketAxess pays a meaningful dividend of 1.88%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

MarketAxess has only been increasing its dividend for 2 years.

Dividend Coverage

The dividend payout ratio of MarketAxess is 38.19%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, MarketAxess will have a dividend payout ratio of 35.94% next year. This indicates that MarketAxess will be able to sustain or increase its dividend.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.12

News Sentiment

MarketAxess has a news sentiment score of 0.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 14 news articles for MarketAxess this week, compared to 5 articles on an average week.

MarketBeat Follows

1 people have added MarketAxess to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, MarketAxess insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,055,022.00 in company stock.

Percentage Held by Insiders

0.72% of the stock of MarketAxess is held by insiders.

Percentage Held by Institutions

99.01% of the stock of MarketAxess is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 9/2 Dividend: 8/19/2026
• Ex-Dividend for 9/2 Dividend: 8/19/2026
• Dividend Payable: 9/02/2026
• Last Earnings: 10/23/2026
• Today: 11/10/2026
• Ex-Dividend for 11/25 Dividend: 11/10/2026
• Record date for 11/25 Dividend: 11/11/2026
• Dividend Payable: 11/25/2026
• Fiscal Year End: 12/31/2026
• Next Earnings (Estimated): 1/28/2027

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Capital Markets
• Sub-Industry: Financial Exchanges & Data
• Current Symbol: NASDAQ:MKTX
• CIK: 1278021
• Web: www.marketaxess.com
• Phone: (212) 831-6000
• Fax: 212-813-6390
• Employees: 868
• Year Founded: 2000

Price Target and Rating

• Average Price Target for MarketAxess: $159.44
• High Price Target: $205.00
• Low Price Target: $128.00
• Potential Upside/Downside: -3.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.08
• Research Coverage: 13 Analysts

Profitability

• EPS (Trailing Twelve Months): $8.17
• Trailing P/E Ratio: 21.40
• Forward P/E Ratio: 19.09
• P/E Growth: 2.21
• Net Income: $246.63 million
• Net Margins: 33.51%
• Pretax Margin: 42.19%
• Return on Equity: 23.15%
• Return on Assets: 12.43%

Debt

• Debt-to-Equity Ratio: 0.09
• Current Ratio: 1.85
• Quick Ratio: 1.85

Sales & Book Value

• Annual Sales: $846.27 million
• Price / Sales: 6.89
• Cash Flow: $9.65 per share
• Price / Cash Flow: 17.17
• Book Value: $30.82 per share
• Price / Book: 5.38

Miscellaneous

• Outstanding Shares: 35,200,000
• Free Float: 34,944,000
• Market Cap: $5.83 billion
• Optionable: Optionable
• Beta: 0.83