MarketAxess (MKTX) Set to Release Quarterly Earnings on Friday

Key Points

• MarketAxess is expected to report Q3 2026 earnings before market open on Friday, November 6. Analysts anticipate earnings of $1.95 per share on revenue of $218.98 million.
• The company’s previous quarter fell short of expectations, with EPS of $1.86 versus the $1.95 consensus and revenue of $210.41 million versus estimates of $218.98 million. Revenue still increased 0.8% year over year.
• MarketAxess declared a quarterly dividend of $0.78 per share, equivalent to a 1.9% annual yield, while Wall Street maintains a consensus “Hold” rating and an average price target of $159.44.

MarketAxess (NASDAQ:MKTX - Get Free Report) is anticipated to release its Q3 2026 results before the market opens on Friday, November 6th. Analysts expect the company to announce earnings of $1.95 per share and revenue of $218.98 million for the quarter. Interested persons may review the information on the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Friday, October 23, 2026 at 7:00 AM ET.

MarketAxess (NASDAQ:MKTX - Get Free Report) last announced its earnings results on Friday, October 23rd. The financial services provider reported $1.86 earnings per share for the quarter, missing analysts' consensus estimates of $1.95 by ($0.09). The business had revenue of $210.41 million during the quarter, compared to analysts' expectations of $218.98 million. MarketAxess had a return on equity of 23.15% and a net margin of 33.51%. MarketAxess's quarterly revenue was up .8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.84 EPS. On average, analysts expect MarketAxess to post $8.02 EPS for the current fiscal year and $8.71 EPS for the next fiscal year.

MarketAxess Stock Performance

MKTX stock opened at $164.92 on Friday. The firm has a market cap of $5.80 billion, a PE ratio of 21.30, a P/E/G ratio of 2.20 and a beta of 0.80. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.09. The business has a 50 day moving average of $163.72 and a 200-day moving average of $155.52. MarketAxess has a 12-month low of $108.75 and a 12-month high of $195.96.

MarketAxess Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 25th. Investors of record on Wednesday, November 11th will be issued a dividend of $0.78 per share. This represents a $3.12 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Tuesday, November 10th. MarketAxess's dividend payout ratio (DPR) is 38.19%.

Insider Activity at MarketAxess

In related news, Director William Cruger, Jr. sold 6,164 shares of the company's stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $163.20, for a total value of $1,005,964.80. Following the transaction, the director owned 4,033 shares in the company, valued at approximately $658,185.60. This represents a 60.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last quarter, insiders have sold 6,464 shares of company stock valued at $1,055,022. Insiders own 0.72% of the company's stock.

Wall Street Analyst Weigh In

MKTX has been the subject of a number of recent analyst reports. Piper Sandler reduced their price objective on MarketAxess from $175.00 to $128.00 and set a "neutral" rating for the company in a research note on Wednesday, July 15th. Weiss Ratings upgraded MarketAxess from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Tuesday, September 22nd. Keefe, Bruyette & Woods downgraded shares of MarketAxess from an "outperform" rating to a "market perform" rating and boosted their price target for the stock from $150.00 to $167.00 in a report on Tuesday, August 11th. William Blair downgraded shares of MarketAxess from an "outperform" rating to a "market perform" rating in a report on Thursday, July 30th. Finally, UBS Group lowered shares of MarketAxess from a "buy" rating to a "neutral" rating and reduced their price target for the company from $200.00 to $167.00 in a research report on Friday, July 31st. One analyst has rated the stock with a Buy rating and twelve have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $159.44.

About MarketAxess

MarketAxess Holdings Inc operates an electronic trading platform for fixed-income securities and related market data services. The company connects institutional investors, broker-dealers and other market participants, enabling them to trade corporate bonds, government bonds, emerging-market debt and other credit products through digital workflows.

Its offerings include electronic request-for-quote trading, all-to-all trading through its Open Trading marketplace, portfolio trading, and tools designed to support pricing, liquidity discovery and trade execution.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.