NASDAQ:MKTX MarketAxess Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding MarketAxess Holdings Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $265.63 -6.37 (-2.34%) (As of 06/28/2022 04:00 PM ET) Add Compare Share Today's Range$260.60▼$273.9350-Day Range$250.18▼$287.8952-Week Range$249.01▼$498.97Volume403,400 shsAverage Volume348,362 shsMarket Capitalization$9.95 billionP/E Ratio41.70Dividend Yield1.03%Price Target$352.11 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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. Email Address MKTX Stock Forecast (MarketRank)Overall MarketRank™3.23 out of 5 starsFinance Sector106th out of 1,394 stocksSecurity Brokers & Dealers Industry8th out of 35 stocksAnalyst Opinion: 4.1Community Rank: 3.3Dividend Strength: 4.2Insider Behavior: 3.3Valuation: 1.3 5 -4 -3 -2 -1 - 4.1 Analyst's Opinion Consensus RatingMarketAxess has received a consensus rating of Hold. The company's average rating score is 2.11, and is based on 1 buy rating, 8 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $352.11, MarketAxess has a forecasted upside of 32.6% from its current price of $265.63.Amount of Analyst CoverageMarketAxess has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.3 Community Rank Outperform VotesMarketAxess has received 325 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMarketAxess has received 315 “underperform” votes. (Add your “underperform” vote.)Community SentimentMarketAxess has received 50.78% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about MarketAxess and other stocks. Vote “Outperform” if you believe MKTX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MKTX will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 4.2 Dividend Strength Dividend YieldMarketAxess pays a meaningful dividend of 1.03%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMarketAxess has been increasing its dividend for 14 years.Dividend CoverageThe dividend payout ratio of MarketAxess is 43.96%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased 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. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, MarketAxess insiders have sold 82.84% more of their company's stock than they have bought. Specifically, they have bought $271,250.00 in company stock and sold $495,952.00 in company stock.Percentage Held by InsidersOnly 1.94% of the stock of MarketAxess is held by insiders.Percentage Held by Institutions96.50% of the stock of MarketAxess is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for MarketAxess are expected to grow by 14.39% in the coming year, from $7.02 to $8.03 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MarketAxess is 41.70, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 22.97.Price to Earnings Ratio vs. SectorThe P/E ratio of MarketAxess is 41.70, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 31.15.Price to Book Value per Share RatioMarketAxess has a P/B Ratio of 9.70. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About MarketAxess (NASDAQ:MKTX)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.Read More MKTX Stock News HeadlinesJune 29, 2022 | americanbankingnews.comJefferies Financial Group Cuts MarketAxess (NASDAQ:MKTX) Price Target to $300.00June 27, 2022 | finance.yahoo.comWeitz Investment Remains Positive in MarketAxess Holdings (MKTX)June 23, 2022 | nasdaq.com3 Valuable Stocks at Bargain-Basement Prices - NasdaqJune 22, 2022 | reuters.comMarketAxess, Tradeweb and Bloomberg plan joint EU bond price feed - ReutersJune 14, 2022 | finance.yahoo.comEuropean govt bond trading volumes rose to record high in Q1 - AFME - Yahoo FinanceJune 13, 2022 | marketwatch.comMarketAxess Holdings Inc. stock falls Monday, still outperforms market - MarketWatchJune 12, 2022 | americanbankingnews.comMarketAxess Holdings Inc. (NASDAQ:MKTX) Insider Sells $495,952.20 in StockJune 12, 2022 | americanbankingnews.comAtlantic Securities Lowers MarketAxess (NASDAQ:MKTX) Price Target to $306.00June 11, 2022 | benzinga.comAnalyst Ratings for MarketAxess Holdings - BenzingaJune 10, 2022 | benzinga.comAtlantic Equities Maintains Neutral on MarketAxess Holdings, Lowers Price Target to $306 - Benzinga - BenzingaJune 8, 2022 | fool.com3 Stocks That Turned $1,000 into $7000 (or More) - The Motley FoolJune 8, 2022 | nasdaq.com3 Stocks That Turned $1,000 into $7000 (or More) - NasdaqJune 3, 2022 | seekingalpha.comMarketAxess reports 45% growth in May total trading average daily volume - Seeking AlphaSee More Headlines Industry, Sector and Symbol Stock ExchangeNASDAQ Industry Security brokers & dealers Sub-IndustrySpecialized Finance SectorFinance Current SymbolNASDAQ:MKTX CUSIP57060D10 CIK1278021 Webwww.marketaxess.com Phone(212) 813-6027Fax212-813-6390Employees676Year Founded2000Company Calendar Last Earnings4/20/2022Ex-Dividend for 5/18 Dividend5/03/2022Dividend Payable5/18/2022Today6/28/2022Next Earnings (Estimated)7/20/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$352.11 High Stock Price Forecast$475.00 Low Stock Price Forecast$270.00 Forecasted Upside/Downside+32.6%Consensus RatingHold Rating Score (0-4)2.11111111111111 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$6.369990 Trailing P/E Ratio41.70 Forward P/E Ratio37.84 P/E GrowthN/ANet Income$257.89 million Net Margins35.13% Pretax Margin46.78% Return on Equity23.46% Return on Assets15.21% Debt Debt-to-Equity RatioN/A Current Ratio2.14 Quick Ratio2.14 Sales & Book Value Annual Sales$698.95 million Price / Sales14.23 Cash Flow$8.00 per share Price / Cash Flow33.19 Book Value$27.38 per share Price / Book9.70Miscellaneous Outstanding Shares37,451,000Free Float36,724,000Market Cap$9.95 billion OptionableOptionable Beta0.55 Social Links MarketAxess Frequently Asked Questions Should I buy or sell MarketAxess stock right now? 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. View analyst ratings for MarketAxess or view top-rated stocks. What is MarketAxess' stock price forecast for 2022? 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. View analysts' price targets for MarketAxess or view top-rated stocks among Wall Street analysts. How has MarketAxess' stock performed in 2022? 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. View the best growth stocks for 2022 here. Are investors shorting MarketAxess? 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. View MarketAxess' Short Interest. When is MarketAxess' next earnings date? MarketAxess is scheduled to release its next quarterly earnings announcement on Wednesday, July 20th 2022. View our earnings forecast for MarketAxess. How were MarketAxess' earnings last quarter? 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. How often does MarketAxess pay dividends? What is the dividend yield for MarketAxess? 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. Is MarketAxess a good dividend stock? 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. Who are MarketAxess' key executives? MarketAxess' management team includes the following people: Mr. Richard Mitchell McVey, Chairman & CEO (Age 62, Pay $2.31M)Mr. Christopher R. Concannon, Pres, COO & Director (Age 54, Pay $1.71M)Mr. Christopher Neal Gerosa, Chief Financial Officer (Age 46, Pay $656.67k)Mr. Kevin M. McPherson, Global Head of Sales (Age 51, Pay $1.31M) (LinkedIn Profile)Mr. Nicholas Themelis, Advisor (Age 58, Pay $1.31M) (LinkedIn Profile)Mr. Michael Baker, Chief Technology OfficerMr. Naineshkumar Shantilal Panchal, Chief Information Officer (Age 50)Mr. Stephen C. Davidson, Head of Investor RelationsMr. Scott Pintoff, Gen. Counsel & Corp. Sec. (Age 51) (LinkedIn Profile)Ms. Mary Sedarat, Global Head of Marketing & Communications What is Rick McVey's approval rating as MarketAxess' CEO? 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. Who are some of MarketAxess' key competitors? 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). View all of MKTX's competitors. 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." Who are MarketAxess' major shareholders? 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. Which institutional investors are selling MarketAxess stock? 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. Which institutional investors are buying MarketAxess stock? 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. How do I buy shares of MarketAxess? 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. Compare Top Brokerages Here. What is MarketAxess' stock price today? One share of MKTX stock can currently be purchased for approximately $265.63. How much money does MarketAxess make? 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. How many employees does MarketAxess have? MarketAxess employs 676 workers across the globe. Does MarketAxess have any subsidiaries? The following companies are subsidiares of MarketAxess: LiquidityEdge.Read More When was MarketAxess founded? MarketAxess was founded in 2000. How can I contact MarketAxess? 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. This page (NASDAQ:MKTX) was last updated on 6/29/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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