Zacks Research Forecasts Lower Earnings for MarketAxess

MarketAxess Holdings Inc. (NASDAQ:MKTX - Free Report) - Research analysts at Zacks Research dropped their Q2 2025 EPS estimates for MarketAxess in a research note issued to investors on Wednesday, May 21st. Zacks Research analyst R. Department now anticipates that the financial services provider will post earnings of $1.81 per share for the quarter, down from their prior forecast of $1.86. The consensus estimate for MarketAxess' current full-year earnings is $7.79 per share. Zacks Research also issued estimates for MarketAxess' Q3 2025 earnings at $1.88 EPS, Q4 2025 earnings at $1.90 EPS, FY2025 earnings at $7.46 EPS, Q1 2026 earnings at $2.16 EPS, Q2 2026 earnings at $2.04 EPS, Q3 2026 earnings at $2.10 EPS, FY2026 earnings at $8.42 EPS, Q1 2027 earnings at $2.47 EPS and FY2027 earnings at $9.72 EPS.

MarketAxess (NASDAQ:MKTX - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The financial services provider reported $1.87 earnings per share for the quarter, topping analysts' consensus estimates of $1.82 by $0.05. MarketAxess had a net margin of 33.56% and a return on equity of 20.23%. The company had revenue of $208.58 million during the quarter, compared to analyst estimates of $211.81 million. During the same period in the prior year, the business posted $1.92 EPS. The business's revenue for the quarter was down .8% compared to the same quarter last year.

A number of other equities research analysts also recently commented on the company. William Blair started coverage on MarketAxess in a research report on Friday, April 4th. They set an "outperform" rating for the company. The Goldman Sachs Group decreased their price target on MarketAxess from $235.00 to $210.00 and set a "neutral" rating for the company in a research report on Monday, February 10th. Wall Street Zen upgraded shares of MarketAxess from a "sell" rating to a "hold" rating in a report on Thursday, May 22nd. Piper Sandler reduced their price target on shares of MarketAxess from $213.00 to $202.00 and set a "neutral" rating for the company in a research report on Thursday, May 8th. Finally, Bank of America lifted their price objective on shares of MarketAxess from $189.00 to $191.00 and gave the stock an "underperform" rating in a research report on Wednesday, April 2nd. One research analyst has rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, MarketAxess presently has an average rating of "Hold" and a consensus price target of $241.78.

MarketAxess Stock Down 0.7%

NASDAQ MKTX traded down $1.60 on Friday, reaching $216.28. 191,351 shares of the stock traded hands, compared to its average volume of 501,309. MarketAxess has a 12 month low of $186.84 and a 12 month high of $296.68. The company has a market cap of $8.11 billion, a price-to-earnings ratio of 29.79, a P/E/G ratio of 3.89 and a beta of 0.89. The firm's fifty day simple moving average is $217.97 and its 200 day simple moving average is $222.38.

Institutional Investors Weigh In On MarketAxess

Several institutional investors have recently made changes to their positions in the company. Global X Japan Co. Ltd. raised its position in MarketAxess by 179.5% during the fourth quarter. Global X Japan Co. Ltd. now owns 109 shares of the financial services provider's stock valued at $25,000 after acquiring an additional 70 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of MarketAxess by 200.0% during the 1st 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 in the last quarter. Allianz SE acquired a new stake in shares of MarketAxess in the 4th quarter valued at $27,000. Smartleaf Asset Management LLC boosted its holdings in MarketAxess by 495.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 125 shares of the financial services provider's stock worth $28,000 after purchasing an additional 104 shares in the last quarter. Finally, SRS Capital Advisors Inc. increased its position in MarketAxess by 13,900.0% during the fourth quarter. SRS Capital Advisors Inc. now owns 140 shares of the financial services provider's stock worth $32,000 after buying an additional 139 shares during the last quarter. 99.01% of the stock is currently owned by institutional investors and hedge funds.

MarketAxess Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 4th. Shareholders of record on Wednesday, May 21st will be given a $0.76 dividend. This represents a $3.04 annualized dividend and a yield of 1.41%. The ex-dividend date of this dividend is Wednesday, May 21st. MarketAxess's payout ratio is currently 52.87%.

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.