MarketAxess Stock Forecast, Price & News

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

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.

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.

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.

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.

Some companies that are related to MarketAxess include CME Group (CME), Intercontinental Exchange (ICE), Moody's (MCO), MSCI (MSCI), Nasdaq (NDAQ), Interactive Brokers Group (IBKR), Arrow Financial (AROW) and California First Leasing (CFNB).
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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).

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

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.

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.

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.

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

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.

MarketAxess employs 676 workers across the globe.

MarketAxess was founded in 2000.

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.