MarketAxess Stock Price, Forecast & Analysis (NASDAQ:MKTX)

MarketAxess trades on the NASDAQ under the ticker symbol "MKTX."

MarketAxess announced a quarterly dividend on Tuesday, October 15th. Shareholders of record on Wednesday, November 6th will be paid a dividend of $0.51 per share on Wednesday, November 20th. This represents a $2.04 annualized dividend and a yield of 0.54%. The ex-dividend date is Tuesday, November 5th. This is a positive change from MarketAxess's previous quarterly dividend of $0.20. View MarketAxess' Dividend History.

MarketAxess Holdings Inc. (NASDAQ:MKTX) announced its earnings results on Wednesday, October, 23rd. The financial services provider reported $1.42 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.25 by $0.17. The financial services provider earned $131.60 million during the quarter, compared to analyst estimates of $130 million. MarketAxess had a return on equity of 30.89% and a net margin of 40.58%. The firm's revenue was up 29.8% compared to the same quarter last year. During the same quarter last year, the company earned $1.02 EPS. View MarketAxess' Earnings History.

MarketAxess is scheduled to release their next quarterly earnings announcement on Wednesday, January 29th 2020. View Earnings Estimates for MarketAxess.

6 brokers have issued 1-year price targets for MarketAxess' stock. Their forecasts range from $251.00 to $349.00. On average, they expect MarketAxess' stock price to reach $303.80 in the next year. This suggests that the stock has a possible downside of 20.3%. View Analyst Price Targets for MarketAxess.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MarketAxess in the last year. There are currently 1 sell rating and 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for MarketAxess.

Press coverage about MKTX stock has trended positive recently, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. MarketAxess earned a coverage optimism score of 2.2 on InfoTrie's scale. They also gave press coverage about the financial services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for MarketAxess.

MarketAxess saw a decline in short interest in the month of October. As of October 31st, there was short interest totalling 1,690,000 shares, a decline of 6.1% from the September 30th total of 1,800,000 shares. Based on an average daily trading volume, of 343,000 shares, the days-to-cover ratio is presently 4.9 days. Approximately 4.6% of the company's shares are sold short. View MarketAxess' Current Options Chain.

Some companies that are related to MarketAxess include CME Group (CME), Intercontinental Exchange (ICE), Moody's (MCO), Msci (MSCI), Nasdaq (NDAQ), Cboe Global Markets (CBOE), Marlin Business Services (MRLN), California First National Bancorp (CFNB), Gain Capital (GCAP) and Interactive Brokers Group (IBKR).

Based on aggregate information from My MarketBeat watchlists, some companies that other MarketAxess investors own include AutoZone (AZO), NVIDIA (NVDA), Intuitive Surgical (ISRG), Netflix (NFLX), Paypal (PYPL), Starbucks (SBUX), Alphabet (GOOG), Visa (V), Lam Research (LRCX) and Alibaba Group (BABA).

MarketAxess' stock is owned by a number of of retail and institutional investors. Top institutional investors include Eagle Asset Management Inc. (0.78%), KAMES CAPITAL plc (0.74%), Carillon Tower Advisers Inc. (0.61%), Stephens Investment Management Group LLC (0.60%), GW&K Investment Management LLC (0.40%) and Sumitomo Mitsui Trust Holdings Inc. (0.39%). Company insiders that own MarketAxess stock include Antonio L Delise, David G Gomach, John Steinhardt, Kevin M Mcpherson, Nicholas Themelis, Richard Leon Prager, Richard M Mcvey and Stephen P Casper. View Institutional Ownership Trends for MarketAxess.

MKTX stock was sold by a variety of institutional investors in the last quarter, including CIBC Private Wealth Group LLC, Ardevora Asset Management LLP, KAMES CAPITAL plc, Eagle Asset Management Inc., Carillon Tower Advisers Inc., Public Employees Retirement Association of Colorado, SG Americas Securities LLC and Marathon Asset Management LLP. Company insiders that have sold MarketAxess company stock in the last year include Antonio L Delise, John Steinhardt, Kevin M Mcpherson, Nicholas Themelis, Richard M Mcvey and Stephen P Casper. View Insider Buying and Selling for MarketAxess.

MKTX stock was acquired by a variety of institutional investors in the last quarter, including First Trust Advisors LP, State of New Jersey Common Pension Fund D, Kornitzer Capital Management Inc. KS, California Public Employees Retirement System, Rhumbline Advisers, Retirement Systems of Alabama, Keybank National Association OH and Teacher Retirement System of Texas. View Insider Buying and Selling for MarketAxess.

Shares of MKTX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of MKTX stock can currently be purchased for approximately $381.06.

MarketAxess has a market capitalization of $14.40 billion and generates $435.57 million in revenue each year. The financial services provider earns $172.85 million in net income (profit) each year or $4.57 on an earnings per share basis. MarketAxess employs 476 workers across the globe.View Additional Information About MarketAxess.

The official website for MarketAxess is http://www.marketaxess.com/.

MarketAxess' mailing address is 55 HUDSON YARDS 15TH FLOOR, NEW YORK NY, 10001. The financial services provider can be reached via phone at 212-813-6000 or via email at [email protected]