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S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
Warren Buffett's company dumps another 5 million shares of printer maker HP
Would Buffett Approve of This Growth Strategy? (Ad)
How You Can Beat the Yields on near 5% Treasuries, plus Upside
Low PE Growth Stocks: Unlocking Investment Opportunities
Would Buffett Approve of This Growth Strategy? (Ad)
3 Reliable Growing Dividends Near Rock-Bottom Prices
Why Ralph Lauren Should Be On Your Holiday Wishlist
Would Buffett Approve of This Growth Strategy? (Ad)
Stock market today: Wall Street futures inch higher as bond yields stabilize, oil prices slide
5 Short Squeeze Candidates With Catalysts For Rebounds
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
Warren Buffett's company dumps another 5 million shares of printer maker HP
Would Buffett Approve of This Growth Strategy? (Ad)
How You Can Beat the Yields on near 5% Treasuries, plus Upside
Low PE Growth Stocks: Unlocking Investment Opportunities
Would Buffett Approve of This Growth Strategy? (Ad)
3 Reliable Growing Dividends Near Rock-Bottom Prices
Why Ralph Lauren Should Be On Your Holiday Wishlist
Would Buffett Approve of This Growth Strategy? (Ad)
Stock market today: Wall Street futures inch higher as bond yields stabilize, oil prices slide
5 Short Squeeze Candidates With Catalysts For Rebounds
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
Warren Buffett's company dumps another 5 million shares of printer maker HP
Would Buffett Approve of This Growth Strategy? (Ad)
How You Can Beat the Yields on near 5% Treasuries, plus Upside
Low PE Growth Stocks: Unlocking Investment Opportunities
Would Buffett Approve of This Growth Strategy? (Ad)
3 Reliable Growing Dividends Near Rock-Bottom Prices
Why Ralph Lauren Should Be On Your Holiday Wishlist
Would Buffett Approve of This Growth Strategy? (Ad)
Stock market today: Wall Street futures inch higher as bond yields stabilize, oil prices slide
5 Short Squeeze Candidates With Catalysts For Rebounds
NASDAQ:MKTX

MarketAxess (MKTX) Stock Forecast, Price & News

$204.76
-5.19 (-2.47%)
(As of 10/3/2023 ET)
Compare
Today's Range
$204.09
$211.39
50-Day Range
$201.78
$274.38
52-Week Range
$200.01
$399.78
Volume
297,952 shs
Average Volume
535,522 shs
Market Capitalization
$7.72 billion
P/E Ratio
30.52
Dividend Yield
1.41%
Price Target
$294.20

MarketAxess MarketRank™ Forecast

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
43.7% Upside
$294.20 Price Target
Short Interest
Healthy
5.07% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.44
Upright™ Environmental Score
News Sentiment
0.59mentions of MarketAxess in the last 14 days
Based on 19 Articles This Week
Insider Trading
Acquiring Shares
$1.02 M Bought Last Quarter
Proj. Earnings Growth
14.91%
From $7.11 to $8.17 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.41 out of 5 stars

Finance Sector

16th out of 864 stocks

Security Brokers & Dealers Industry

2nd out of 25 stocks


MKTX stock logo

About MarketAxess (NASDAQ:MKTX) Stock

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 Price History

MKTX Stock News Headlines

Would Buffett Approve of This Growth Strategy?
Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.
MarketAxess Completes Acquisition of Pragma
Would Buffett Approve of This Growth Strategy?
Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.
MarketAxess (NASDAQ:MKTX) Receives Buy Rating from Citigroup
Carlos Hernandez Elected to MarketAxess Board of Directors
See More Headlines
Receive MKTX Stock News and Ratings via Email

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MKTX Company Calendar

Last Earnings
7/20/2023
Ex-Dividend for 8/16 Dividend
8/01/2023
Dividend Payable
8/16/2023
Today
10/04/2023
Next Earnings (Estimated)
10/18/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Security brokers & dealers
Sub-Industry
Specialized Finance
Sector
Finance
Current Symbol
NASDAQ:MKTX
CUSIP
57060D10
Employees
744
Year Founded
2000

Price Target and Rating

Average Stock Price Forecast
$294.20
High Stock Price Forecast
$345.00
Low Stock Price Forecast
$213.00
Forecasted Upside/Downside
+49.2%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
10 Analysts

Profitability

Net Income
$250.22 million
Pretax Margin
45.76%

Debt

Sales & Book Value

Annual Sales
$718.30 million
Cash Flow
$8.10 per share
Book Value
$28.72 per share

Miscellaneous

Free Float
36,923,000
Market Cap
$7.72 billion
Optionable
Optionable
Beta
0.81

Social Links

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MarketBeat's analysts have just released their top five short plays for October 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.

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Key Executives

  • Mr. Richard Mitchell McVey (Age 63)
    Founder & Exec. Chairman
    Comp: $2.38M
  • Mr. Christopher Robert ConcannonMr. Christopher Robert Concannon (Age 56)
    CEO & Director
    Comp: $1.81M
  • Mr. Christopher Neal Gerosa (Age 47)
    Chief Financial Officer
    Comp: $910k
  • Mr. Naineshkumar Shantilal Panchal (Age 51)
    Chief Information Officer
    Comp: $2.73M
  • Mr. Kevin M. McPhersonMr. Kevin M. McPherson (Age 52)
    Chief Revenue Officer
    Comp: $1.21M
  • Mr. Stephen C. Davidson
    Head of Investor Relations
  • Mr. Scott PintoffMr. Scott Pintoff (Age 52)
    Gen. Counsel & Corp. Sec.
  • Ms. Julie Sheffet
    Chief HR Officer
  • Mr. Richard J. Schiffman (Age 57)
    Global Head of Trading Solutions
  • Mr. James Nevil Blair Rucker (Age 67)
    Global Head of Operations Services













MKTX Stock - Frequently Asked Questions

Should I buy or sell MarketAxess stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MarketAxess in the last year. There are currently 1 sell rating, 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" MKTX shares. 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 MKTX analyst ratings
or view top-rated stocks.

What is MarketAxess' stock price forecast for 2023?

10 Wall Street analysts have issued 12-month target prices for MarketAxess' shares. Their MKTX share price forecasts range from $213.00 to $345.00. On average, they expect the company's share price to reach $294.20 in the next year. This suggests a possible upside of 43.7% from the stock's current price.
View analysts price targets for MKTX
or view top-rated stocks among Wall Street analysts.

How have MKTX shares performed in 2023?

MarketAxess' stock was trading at $278.89 at the start of the year. Since then, MKTX shares have decreased by 26.6% and is now trading at $204.76.
View the best growth stocks for 2023 here
.

When is MarketAxess' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 18th 2023.
View our MKTX earnings forecast
.

How were MarketAxess' earnings last quarter?

MarketAxess Holdings Inc. (NASDAQ:MKTX) issued its earnings results on Thursday, July, 20th. The financial services provider reported $1.59 EPS for the quarter, beating the consensus estimate of $1.57 by $0.02. The financial services provider earned $179.90 million during the quarter, compared to analysts' expectations of $179.47 million. MarketAxess had a net margin of 34.38% and a trailing twelve-month return on equity of 23.12%. The firm's revenue was down 1.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.78 earnings per share.
Read the conference call transcript
.

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

MarketAxess declared a quarterly dividend on Thursday, July 20th. Investors of record on Wednesday, August 2nd will be paid a dividend of $0.72 per share on Wednesday, August 16th. This represents a $2.88 annualized dividend and a yield of 1.41%. The ex-dividend date is Tuesday, August 1st.
Read our dividend analysis for MKTX
.

Is MarketAxess a good dividend stock?

MarketAxess (NASDAQ:MKTX) pays an annual dividend of $2.88 per share and currently has a dividend yield of 1.35%. The company 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 is 42.92%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MKTX will have a dividend payout ratio of 35.25% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MKTX.

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

41 employees have rated MarketAxess Chief Executive Officer Rick McVey on Glassdoor.com. Rick McVey has an approval rating of 96% among the company's 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."

How do I buy shares of MarketAxess?

Shares of MKTX stock 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 $204.76.

How much money does MarketAxess make?

MarketAxess (NASDAQ:MKTX) has a market capitalization of $7.72 billion and generates $718.30 million in revenue each year. The financial services provider earns $250.22 million in net income (profit) each year or $6.71 on an earnings per share basis.

How many employees does MarketAxess have?

The company employs 744 workers across the globe.

Does MarketAxess have any subsidiaries?
The following companies are subsidiares of MarketAxess: LiquidityEdge.
Read More
How can I contact MarketAxess?

MarketAxess' mailing address is 55 HUDSON YARDS 15TH FLOOR, NEW YORK NY, 10001. The official website for the company is www.marketaxess.com. The financial services provider can be reached via phone at (212) 813-6000, via email at tdelise@marketaxess.com, or via fax at 212-813-6390.

This page (NASDAQ:MKTX) was last updated on 10/4/2023 by MarketBeat.com Staff

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