Free Trial

MarketAxess (MKTX) Stock Price, News & Analysis

$217.56
+2.58 (+1.20%)
(As of 05/21/2024 ET)
Today's Range
$213.41
$218.08
50-Day Range
$200.09
$226.50
52-Week Range
$198.01
$297.97
Volume
302,222 shs
Average Volume
419,676 shs
Market Capitalization
$8.25 billion
P/E Ratio
31.95
Dividend Yield
1.36%
Price Target
$249.73

MarketAxess MarketRank™ Stock Analysis

Analyst Rating
Hold
2.09 Rating Score
Upside/​Downside
14.8% Upside
$249.73 Price Target
Short Interest
Healthy
2.91% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.44
Upright™ Environmental Score
News Sentiment
1.31mentions of MarketAxess in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
11.98%
From $7.18 to $8.04 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.

4.86 out of 5 stars

Finance Sector

38th out of 814 stocks

Security Brokers & Dealers Industry

1st out of 25 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

MarketAxess: Q1 Earnings Snapshot
MarketAxess Holdings Inc. Q1 Income Falls, but beats estimates
See More Headlines
Receive MKTX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for MarketAxess and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 2/28 Dividend
2/13/2024
Dividend Payable
2/28/2024
Last Earnings
5/07/2024
Today
5/21/2024
Ex-Dividend for 6/5 Dividend
5/21/2024
Dividend Payable
6/05/2024
Next Earnings (Estimated)
7/18/2024
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
$249.73
High Stock Price Target
$315.00
Low Stock Price Target
$199.00
Potential Upside/Downside
+15.8%
Consensus Rating
Hold
Rating Score (0-4)
2.09
Research Coverage
11 Analysts

Profitability

Net Income
$258.05 million
Pretax Margin
43.60%

Debt

Sales & Book Value

Annual Sales
$752.55 million
Cash Flow
$8.90 per share
Book Value
$34.11 per share

Miscellaneous

Free Float
36,889,000
Market Cap
$8.17 billion
Optionable
Optionable
Beta
0.98

Social Links

Elon Musk's Next Move Cover

Wondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.

Get This Free Report

MKTX Stock Analysis - Frequently Asked Questions

Should I buy or sell MarketAxess stock right now?

11 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, 6 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?

11 Wall Street analysts have issued 1-year price objectives for MarketAxess' stock. Their MKTX share price targets range from $199.00 to $315.00. On average, they anticipate the company's share price to reach $249.73 in the next year. This suggests a possible upside of 14.8% 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 2024. Since then, MKTX stock has decreased by 25.7% and is now trading at $217.56.
View the best growth stocks for 2024 here
.

When is MarketAxess' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 18th 2024.
View our MKTX earnings forecast
.

How were MarketAxess' earnings last quarter?

MarketAxess Holdings Inc. (NASDAQ:MKTX) posted its quarterly earnings data on Tuesday, May, 7th. The financial services provider reported $1.92 EPS for the quarter, topping the consensus estimate of $1.85 by $0.07. The financial services provider earned $210.30 million during the quarter, compared to analysts' expectations of $212.99 million. MarketAxess had a trailing twelve-month return on equity of 20.82% and a net margin of 33.83%. The firm's quarterly revenue was up 3.5% compared to the same quarter last year. During the same quarter last year, the company posted $1.96 earnings per share.
Read the conference call transcript
.

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

MarketAxess announced a quarterly dividend on Tuesday, May 7th. Investors of record on Wednesday, May 22nd will be paid a dividend of $0.74 per share on Wednesday, June 5th. This represents a $2.96 dividend on an annualized basis and a yield of 1.36%. The ex-dividend date of this dividend is Tuesday, May 21st.
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 1.38%. 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 43.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MKTX will have a dividend payout ratio of 36.82% 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 a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (12.07%), GUARDCAP ASSET MANAGEMENT Ltd (6.40%), Van ECK Associates Corp (4.41%), Wasatch Advisors LP (1.91%), Baillie Gifford & Co. (1.11%) and Jackson Square Partners LLC (0.81%). 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 5/21/2024 by MarketBeat.com Staff

From Our Partners