NASDAQ:MKTX

MarketAxess (MKTX) Stock Price, News & Analysis

$204.22
-0.55 (-0.27%)
(As of 05:22 PM ET)
Today's Range
$201.32
$205.23
50-Day Range
$201.93
$226.50
52-Week Range
$199.34
$324.97
Volume
252,997 shs
Average Volume
421,154 shs
Market Capitalization
$7.68 billion
P/E Ratio
29.81
Dividend Yield
1.45%
Price Target
$252.80

MarketAxess MarketRank™ Stock Analysis

Analyst Rating
Hold
2.10 Rating Score
Upside/​Downside
23.8% Upside
$252.80 Price Target
Short Interest
Healthy
3.14% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.44
Upright™ Environmental Score
News Sentiment
0.57mentions of MarketAxess in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$442,520 Sold Last Quarter
Proj. Earnings Growth
11.81%
From $7.28 to $8.14 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.92 out of 5 stars

Finance Sector

15th out of 855 stocks

Security Brokers & Dealers Industry

1st out of 27 stocks

MKTX stock logo

About MarketAxess Stock (NASDAQ:MKTX)

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. government bonds, and other fixed-income securities; and executes bond trades between and among institutional investor and broker-dealer clients in an all-to-all anonymous trading environment for corporate bonds through its Open Trading protocols. It also provides 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 offers 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 Price History

MKTX Stock News Headlines

This 4.8% Dividend Dog Has 31% Upside Potential
MarketAxess (NASDAQ:MKTX) Hits New 1-Year Low at $199.34
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AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
MKTX Apr 2024 210.000 call
MarketAxess Announces First Casada Trade Via RFQ
Marketaxess Holdings Is Oversold
See More Headlines
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Company Calendar

Last Earnings
1/31/2024
Ex-Dividend for 2/28 Dividend
2/13/2024
Dividend Payable
2/28/2024
Today
4/24/2024
Next Earnings (Confirmed)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Security brokers & dealers
Sub-Industry
Specialized Finance
Current Symbol
NASDAQ:MKTX
CUSIP
57060D10
Employees
881
Year Founded
2000

Price Target and Rating

Average Stock Price Target
$252.80
High Stock Price Target
$315.00
Low Stock Price Target
$199.00
Potential Upside/Downside
+23.8%
Consensus Rating
Hold
Rating Score (0-4)
2.10
Research Coverage
10 Analysts

Profitability

Net Income
$258.05 million
Pretax Margin
44.21%

Debt

Sales & Book Value

Annual Sales
$752.55 million
Cash Flow
$8.85 per share
Book Value
$34.11 per share

Miscellaneous

Free Float
36,851,000
Market Cap
$7.68 billion
Optionable
Optionable
Beta
0.98

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Key Executives


MKTX Stock Analysis - Frequently Asked Questions

Should I buy or sell MarketAxess stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MarketAxess in the last twelve months. There are currently 2 sell ratings, 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research 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 target for 2024?

10 brokers have issued 1 year price objectives for MarketAxess' shares. Their MKTX share price targets range from $199.00 to $315.00. On average, they predict the company's stock price to reach $252.80 in the next twelve months. This suggests a possible upside of 23.8% 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 2024?

MarketAxess' stock was trading at $292.85 at the beginning of the year. Since then, MKTX shares have decreased by 30.3% and is now trading at $204.22.
View the best growth stocks for 2024 here
.

Are investors shorting MarketAxess?

MarketAxess saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 1,160,000 shares, a drop of 17.7% from the March 15th total of 1,410,000 shares. Based on an average daily trading volume, of 434,200 shares, the short-interest ratio is presently 2.7 days. Approximately 3.1% of the company's stock are short sold.
View MarketAxess' Short Interest
.

When is MarketAxess' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our MKTX earnings forecast
.

How can I listen to MarketAxess' earnings call?

MarketAxess will be holding an earnings conference call on Tuesday, May 7th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were MarketAxess' earnings last quarter?

MarketAxess Holdings Inc. (NASDAQ:MKTX) issued its quarterly earnings results on Wednesday, January, 31st. The financial services provider reported $1.84 earnings per share for the quarter, topping analysts' consensus estimates of $1.73 by $0.11. The financial services provider earned $197.20 million during the quarter, compared to the consensus estimate of $196.70 million. MarketAxess had a trailing twelve-month return on equity of 21.76% and a net margin of 34.29%. MarketAxess's revenue for the quarter was up 10.8% compared to the same quarter last year. During the same period in the previous year, the business earned $1.58 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, January 18th. Investors of record on Wednesday, February 14th will be given a dividend of $0.74 per share on Wednesday, February 28th. This represents a $2.96 annualized dividend and a dividend yield of 1.45%. The ex-dividend date is Tuesday, February 13th. This is a boost from the stock's previous quarterly dividend of $0.72.
Read our dividend analysis for MKTX
.

Is MarketAxess a good dividend stock?

MarketAxess (NASDAQ:MKTX) pays an annual dividend of $2.96 per share and currently has a dividend yield of 1.45%. The company has been increasing its dividend for 16 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 43.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MKTX will have a dividend payout ratio of 36.36% 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).

Who are MarketAxess' major shareholders?

MarketAxess' stock is owned by many different retail and institutional investors. Top institutional shareholders include Wasatch Advisors LP (1.91%), Raymond James & Associates (0.54%), Sumitomo Mitsui Trust Holdings Inc. (0.24%), Assenagon Asset Management S.A. (0.16%), Norris Perne & French LLP MI (0.09%) and Los Angeles Capital Management LLC (0.04%). Insiders that own company stock include Antonio L Delise, Christophe Pierre Danie Roupie, Christopher R Concannon, Kevin M Mcpherson, Kevin M Mcpherson, Nicholas Themelis, Richard Leon Prager, Richard M Mcvey, Scott Pintoff and Steven L Begleiter.
View institutional ownership trends
.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does MarketAxess have any subsidiaries?
The following companies are subsidiares of MarketAxess: LiquidityEdge.
Read More
This page (NASDAQ:MKTX) was last updated on 4/24/2024 by MarketBeat.com Staff

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