MarketAxess (MKTX) Stock Forecast, Price & News

10 Wall Street research 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 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.

10 Wall Street analysts have issued 12 month price objectives for MarketAxess' shares. Their MKTX share price forecasts range from $213.00 to $345.00. On average, they predict the company's share price to reach $305.50 in the next twelve months. This suggests a possible upside of 49.5% from the stock's current price.
View analysts price targets for MKTX or view top-rated stocks among Wall Street analysts.

MarketAxess' stock was trading at $278.89 at the start of the year. Since then, MKTX stock has decreased by 26.7% and is now trading at $204.39.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 18th 2023.
View our MKTX earnings forecast.

MarketAxess Holdings Inc. (NASDAQ:MKTX) released its quarterly earnings data on Thursday, July, 20th. The financial services provider reported $1.59 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.57 by $0.02. The financial services provider had revenue of $179.90 million for the quarter, compared to analyst estimates of $179.47 million. MarketAxess had a net margin of 34.38% and a trailing twelve-month return on equity of 23.12%. The company's revenue was down 1.3% on a year-over-year basis. During the same period in the prior year, the firm earned $1.78 earnings per share.
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MarketAxess declared a quarterly dividend on Thursday, July 20th. Stockholders of record on Wednesday, August 2nd will be given a dividend of $0.72 per share on Wednesday, August 16th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 1.41%. The ex-dividend date of this dividend is Tuesday, August 1st.
Read our dividend analysis for MKTX.

ETFs with the largest weight of MarketAxess (NASDAQ:MKTX) stock in their portfolio include iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI), Formidable Fortress ETF (KONG), Horizon Kinetics Blockchain Development ETF (BCDF), VanEck Morningstar ESG Moat ETF (MOTE), BlackRock Future Innovators ETF (BFTR), Nuveen ESG Mid-Cap Growth ETF (NUMG), Inspire Tactical Balanced ETF (RISN) and VanEck Morningstar Wide Moat ETF (MOAT).

MarketAxess (NASDAQ:MKTX) pays an annual dividend of $2.88 per share and currently has a dividend yield of 1.36%. 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 35.29% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MKTX.

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.

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 BlackRock Inc. (10.37%), Bank Julius Baer & Co. Ltd Zurich (5.85%), GUARDCAP ASSET MANAGEMENT Ltd (5.27%), State Street Corp (4.45%), Royal Bank of Canada (4.44%) and Baillie Gifford & Co. (3.70%). 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, Richard M Mcvey, Scott Pintoff, Stephen P Casper and Steven L Begleiter.
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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.
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One share of MKTX stock can currently be purchased for approximately $204.39.

MarketAxess (NASDAQ:MKTX) has a market capitalization of $7.70 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.

The company employs 744 workers across the globe.

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.