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DOW   30,946.99
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S&P 500   3,821.55
DOW   30,946.99
QQQ   283.54
S&P 500   3,821.55
DOW   30,946.99
QQQ   283.54
S&P 500   3,821.55
DOW   30,946.99
QQQ   283.54
NASDAQ:MKTX

MarketAxess Stock Forecast, Price & News

$265.63
-6.37 (-2.34%)
(As of 06/28/2022 04:00 PM ET)
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Today's Range
$260.60
$273.93
50-Day Range
$250.18
$287.89
52-Week Range
$249.01
$498.97
Volume
403,400 shs
Average Volume
348,362 shs
Market Capitalization
$9.95 billion
P/E Ratio
41.70
Dividend Yield
1.03%
Price Target
$352.11
30 days | 90 days | 365 days | Advanced Chart

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MKTX Stock Forecast (MarketRank)

Overall MarketRank

3.23 out of 5 stars

Finance Sector

106th out of 1,394 stocks

Security Brokers & Dealers Industry

8th out of 35 stocks

Analyst Opinion: 4.1Community Rank: 3.3Dividend Strength: 4.2Insider Behavior: 3.3Valuation: 1.3 5 -4 -3 -2 -1 -
MarketAxess logo

About MarketAxess (NASDAQ:MKTX)

MarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer companies worldwide. It offers the access to liquidity in the U.S. investment-grade bonds, U.S. high-yield bonds, and U.S. Treasuries, as well as municipal bonds, emerging market debts, Eurobonds, and other fixed income securities. The company, through its Open Trading protocols, executes bond trades between and among institutional investor and broker-dealer clients in an all-to-all anonymous trading environment for corporate bonds. It also offers trading-related products and services, including composite+ pricing and other market data products to assist clients with trading decisions; auto-execution and other execution services for clients requiring specialized workflow solutions; connectivity solutions that facilitate straight-through processing; and technology services to optimize trading environments. In addition, the company provides various pre-and post-trade services, such as trade matching, trade publication, regulatory transaction reporting, and market and reference data across a range of fixed-income and other products. MarketAxess Holdings Inc. was incorporated in 2000 and is headquartered in New York, New York.

MKTX Stock News Headlines

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Industry, Sector and Symbol

Industry
Security brokers & dealers
Sub-Industry
Specialized Finance
Sector
Finance
Current Symbol
NASDAQ:MKTX
CUSIP
57060D10
Employees
676
Year Founded
2000

Company Calendar

Last Earnings
4/20/2022
Ex-Dividend for 5/18 Dividend
5/03/2022
Dividend Payable
5/18/2022
Today
6/28/2022
Next Earnings (Estimated)
7/20/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$352.11
High Stock Price Forecast
$475.00
Low Stock Price Forecast
$270.00
Forecasted Upside/Downside
+32.6%
Consensus Rating
Hold
Rating Score (0-4)
2.11111111111111
Research Coverage
9 Analysts

Profitability

Net Income
$257.89 million
Pretax Margin
46.78%

Debt

Sales & Book Value

Annual Sales
$698.95 million
Cash Flow
$8.00 per share
Book Value
$27.38 per share

Miscellaneous

Free Float
36,724,000
Market Cap
$9.95 billion
Optionable
Optionable
Beta
0.55

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MarketAxess Frequently Asked Questions

Should I buy or sell MarketAxess stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MarketAxess in the last twelve months. There are currently 8 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" MarketAxess stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MKTX, but not buy additional shares or sell existing shares.
View analyst ratings for MarketAxess
or view top-rated stocks.

What is MarketAxess' stock price forecast for 2022?

9 brokers have issued 1-year price targets for MarketAxess' shares. Their MKTX stock forecasts range from $270.00 to $475.00. On average, they anticipate MarketAxess' share price to reach $352.11 in the next twelve months. This suggests a possible upside of 32.6% from the stock's current price.
View analysts' price targets for MarketAxess
or view top-rated stocks among Wall Street analysts.

How has MarketAxess' stock performed in 2022?

MarketAxess' stock was trading at $411.27 at the beginning of the year. Since then, MKTX stock has decreased by 35.4% and is now trading at $265.63.
View the best growth stocks for 2022 here
.

Are investors shorting MarketAxess?

MarketAxess saw a drop in short interest in the month of May. As of May 31st, there was short interest totaling 827,600 shares, a drop of 25.4% from the May 15th total of 1,110,000 shares. Based on an average daily trading volume, of 397,900 shares, the days-to-cover ratio is presently 2.1 days. Currently, 2.3% of the shares of the company are short sold.
View MarketAxess' Short Interest
.

When is MarketAxess' next earnings date?

MarketAxess is scheduled to release its next quarterly earnings announcement on Wednesday, July 20th 2022.
View our earnings forecast for MarketAxess
.

How were MarketAxess' earnings last quarter?

MarketAxess Holdings Inc. (NASDAQ:MKTX) issued its quarterly earnings results on Wednesday, April, 20th. The financial services provider reported $1.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.70 by $0.03. The financial services provider had revenue of $186.10 million for the quarter, compared to the consensus estimate of $186.34 million. MarketAxess had a trailing twelve-month return on equity of 23.46% and a net margin of 35.13%. The firm's quarterly revenue was down 4.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.11 EPS.
View MarketAxess' earnings history
.

How often does MarketAxess pay dividends? What is the dividend yield for MarketAxess?

MarketAxess declared a quarterly dividend on Wednesday, April 20th. Shareholders of record on Wednesday, May 4th will be paid a dividend of $0.70 per share on Wednesday, May 18th. This represents a $2.80 annualized dividend and a yield of 1.05%. The ex-dividend date is Tuesday, May 3rd.
View MarketAxess' dividend history
.

Is MarketAxess a good dividend stock?

MarketAxess(NASDAQ:MKTX) pays an annual dividend of $2.80 per share and currently has a dividend yield of 1.03%. MarketAxess has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of MarketAxess is 43.96%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MarketAxess will have a dividend payout ratio of 34.87% next year. This indicates that MarketAxess will be able to sustain or increase its dividend.
View MarketAxess' dividend history.

Who are MarketAxess' key executives?

MarketAxess' management team includes the following people:
  • Mr. Richard Mitchell McVey, Chairman & CEO (Age 62, Pay $2.31M)
  • Mr. Christopher R. Concannon, Pres, COO & Director (Age 54, Pay $1.71M)
  • Mr. Christopher Neal Gerosa, Chief Financial Officer (Age 46, Pay $656.67k)
  • Mr. Kevin M. McPherson, Global Head of Sales (Age 51, Pay $1.31M) (LinkedIn Profile)
  • Mr. Nicholas Themelis, Advisor (Age 58, Pay $1.31M) (LinkedIn Profile)
  • Mr. Michael Baker, Chief Technology Officer
  • Mr. Naineshkumar Shantilal Panchal, Chief Information Officer (Age 50)
  • Mr. Stephen C. Davidson, Head of Investor Relations
  • Mr. Scott Pintoff, Gen. Counsel & Corp. Sec. (Age 51) (LinkedIn Profile)
  • Ms. Mary Sedarat, Global Head of Marketing & Communications

What is Rick McVey's approval rating as MarketAxess' CEO?

41 employees have rated MarketAxess CEO Rick McVey on Glassdoor.com. Rick McVey has an approval rating of 96% among MarketAxess' employees. This puts Rick McVey in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of MarketAxess own?

Based on aggregate information from My MarketBeat watchlists, some companies that other MarketAxess investors own include NVIDIA (NVDA), PayPal (PYPL), Visa (V), Netflix (NFLX), Advanced Micro Devices (AMD), Broadcom (AVGO), Intel (INTC), Johnson & Johnson (JNJ), Mastercard (MA) and Adobe (ADBE).

What is MarketAxess' stock symbol?

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

Who are MarketAxess' major shareholders?

MarketAxess' stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (11.17%), BlackRock Inc. (9.13%), State Street Corp (4.99%), Baillie Gifford & Co. (3.94%), Ownership Capital B.V. (3.41%) and Royal Bank of Canada (3.23%). Company insiders that own MarketAxess stock include Antonio L Delise, Christophe Pierre Danie Roupie, Kevin M Mcpherson, Kevin M Mcpherson, Nicholas Themelis, Richard Leon Prager, Richard M Mcvey, Richard M Mcvey, Scott Pintoff and Stephen P Casper.
View institutional ownership trends for MarketAxess
.

Which institutional investors are selling MarketAxess stock?

MKTX stock was sold by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., BlackRock Inc., The Manufacturers Life Insurance Company , APG Asset Management N.V., Wellington Management Group LLP, AEGON ASSET MANAGEMENT UK Plc, Renaissance Technologies LLC, and TD Asset Management Inc.. Company insiders that have sold MarketAxess company stock in the last two years include Antonio L Delise, Christophe Pierre Danie Roupie, Kevin M Mcpherson, Nicholas Themelis, Richard M Mcvey, Scott Pintoff, and Stephen P Casper.
View insider buying and selling activity for MarketAxess
or view top insider-selling stocks.

Which institutional investors are buying MarketAxess stock?

MKTX stock was purchased by a variety of institutional investors in the last quarter, including Primecap Management Co. CA, Sei Investments Co., Royal Bank of Canada, Bridgewater Associates LP, Bank of Nova Scotia, Qube Research & Technologies Ltd, Invesco Ltd., and Stephens Investment Management Group LLC.
View insider buying and selling activity for MarketAxess
or or view top insider-buying stocks.

How do I buy shares of MarketAxess?

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

What is MarketAxess' stock price today?

One share of MKTX stock can currently be purchased for approximately $265.63.

How much money does MarketAxess make?

MarketAxess (NASDAQ:MKTX) has a market capitalization of $9.95 billion and generates $698.95 million in revenue each year. The financial services provider earns $257.89 million in net income (profit) each year or $6.369990 on an earnings per share basis.

How many employees does MarketAxess have?

MarketAxess employs 676 workers across the globe.

Does MarketAxess have any subsidiaries?

The following companies are subsidiares of MarketAxess: LiquidityEdge.
Read More

When was MarketAxess founded?

MarketAxess was founded in 2000.

How can I contact MarketAxess?

MarketAxess' mailing address is 55 HUDSON YARDS 15TH FLOOR, NEW YORK NY, 10001. The official website for MarketAxess is www.marketaxess.com. The financial services provider can be reached via phone at (212) 813-6027, via email at [email protected], or via fax at 212-813-6390.

This page (NASDAQ:MKTX) was last updated on 6/29/2022 by MarketBeat.com Staff

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