Zacks Research Lowers Earnings Estimates for MarketAxess

MarketAxess Holdings Inc. (NASDAQ:MKTX - Free Report) - Equities researchers at Zacks Research dropped their Q2 2025 earnings estimates for shares of MarketAxess in a note issued to investors on Wednesday, May 21st. Zacks Research analyst R. Department now expects that the financial services provider will post earnings per share of $1.81 for the quarter, down from their previous 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 released its quarterly earnings data on Wednesday, May 7th. The financial services provider reported $1.87 earnings per share for the quarter, topping the consensus estimate of $1.82 by $0.05. MarketAxess had a net margin of 33.56% and a return on equity of 20.23%. The business had revenue of $208.58 million for the quarter, compared to analyst estimates of $211.81 million. During the same quarter last year, the firm earned $1.92 EPS. MarketAxess's quarterly revenue was down .8% compared to the same quarter last year.

A number of other brokerages have also weighed in on MKTX. The Goldman Sachs Group cut their price target on shares of MarketAxess from $235.00 to $210.00 and set a "neutral" rating on the stock in a research note on Monday, February 10th. Piper Sandler lowered their price objective on shares of MarketAxess from $213.00 to $202.00 and set a "neutral" rating on the stock in a report on Thursday, May 8th. William Blair assumed coverage on shares of MarketAxess in a report on Friday, April 4th. They issued an "outperform" rating on the stock. Morgan Stanley lifted their price objective on shares of MarketAxess from $263.00 to $283.00 and gave the company an "overweight" rating in a report on Thursday, May 8th. Finally, Wall Street Zen upgraded shares of MarketAxess from a "sell" rating to a "hold" rating in a report on Thursday. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the company. According to MarketBeat, MarketAxess presently has a consensus rating of "Hold" and an average price target of $241.78.

MarketAxess Price Performance

MarketAxess stock opened at $216.41 on Friday. The company's 50 day simple moving average is $217.94 and its 200 day simple moving average is $223.95. MarketAxess has a fifty-two week low of $186.84 and a fifty-two week high of $296.68. The firm has a market capitalization of $8.12 billion, a price-to-earnings ratio of 29.77, a PEG ratio of 3.89 and a beta of 0.89.

Hedge Funds Weigh In On MarketAxess

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MKTX. Barclays PLC boosted its position in MarketAxess by 16.5% during the third quarter. Barclays PLC now owns 140,760 shares of the financial services provider's stock worth $36,063,000 after purchasing an additional 19,962 shares during the period. Park Avenue Securities LLC grew its stake in shares of MarketAxess by 47.6% in the fourth quarter. Park Avenue Securities LLC now owns 1,503 shares of the financial services provider's stock valued at $340,000 after acquiring an additional 485 shares in the last quarter. Crossmark Global Holdings Inc. increased its position in MarketAxess by 139.7% during the fourth quarter. Crossmark Global Holdings Inc. now owns 5,560 shares of the financial services provider's stock worth $1,257,000 after acquiring an additional 3,240 shares during the period. Park Place Capital Corp acquired a new stake in MarketAxess in the 4th quarter worth about $44,000. Finally, Exchange Traded Concepts LLC boosted its holdings in MarketAxess by 1,927.3% in the 4th quarter. Exchange Traded Concepts LLC now owns 4,237 shares of the financial services provider's stock valued at $958,000 after purchasing an additional 4,028 shares during the period. 99.01% of the stock is owned by institutional investors.

MarketAxess Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 4th. Shareholders of record on Wednesday, May 21st will be given a dividend of $0.76 per share. The ex-dividend date of this dividend is Wednesday, May 21st. This represents a $3.04 dividend on an annualized basis and a yield of 1.40%. MarketAxess's dividend payout ratio (DPR) is 52.87%.

About MarketAxess

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.

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