MarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform that enables fixed-income market participants to trade corporate bonds and other types of fixed-income instruments worldwide. It offers institutional investor and broker-dealer the access to global liquidity in U.S. high-grade corporate bonds, emerging markets and high-yield bonds, European bonds, U.S. agency bonds, municipal bonds, credit default swaps, and other fixed-income securities. The company, through its Open Trading protocol, executes trades in certain bonds between and among institutional investor and broker-dealer clients in an all-to-all trading environment on a matched principal basis. It also offers trading-related products and services, including market data to assist clients with trading decisions; connectivity solutions that facilitate straight-through processing; technology services to optimize trading environments; and execution services for exchange-traded fund managers and other clients. In addition, the company, through its Trax division, offers a range of pre-and post-trade services, including 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 founded in 2000 and is headquartered in New York, New York.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Security brokers & dealers
Sub-IndustrySpecialized Finance
SectorFinance
SymbolNASDAQ:MKTX
CUSIP57060D10
Phone212-813-6000
Debt
Debt-to-Equity RatioN/A
Current Ratio8.36
Quick Ratio8.36
Price-To-Earnings
Trailing P/E Ratio50.34
Forward P/E Ratio46.09
P/E Growth9.28
Sales & Book Value
Annual Sales$397.47 million
Price / Sales18.56
Cash Flow$4.4421 per share
Price / Cash44.20
Book Value$13.71 per share
Price / Book14.32
Profitability
EPS (Most Recent Fiscal Year)$3.90
Net Income$148.08 million
Net Margins37.33%
Return on Equity29.49%
Return on Assets26.60%
Miscellaneous
Employees429
Outstanding Shares37,570,000
Market Cap$7.42 billion
MarketAxess (NASDAQ:MKTX) Frequently Asked Questions
What is MarketAxess' stock symbol?
MarketAxess trades on the NASDAQ under the ticker symbol "MKTX."
How often does MarketAxess pay dividends? What is the dividend yield for MarketAxess?
MarketAxess declared a quarterly dividend on Thursday, July 26th. Stockholders of record on Thursday, August 9th will be paid a dividend of $0.42 per share on Thursday, August 23rd. This represents a $1.68 dividend on an annualized basis and a dividend yield of 0.86%. The ex-dividend date is Wednesday, August 8th. View MarketAxess' Dividend History.
How will MarketAxess' stock buyback program work?
MarketAxess announced that its Board of Directors has authorized a share buyback program on Wednesday, October 25th 2017, which allows the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board believes its stock is undervalued.
How were MarketAxess' earnings last quarter?
MarketAxess Holdings Inc. (NASDAQ:MKTX) announced its earnings results on Wednesday, July, 25th. The financial services provider reported $1.07 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.05 by $0.02. The financial services provider earned $106.96 million during the quarter, compared to the consensus estimate of $106.41 million. MarketAxess had a return on equity of 29.49% and a net margin of 37.33%. The company's quarterly revenue was up 11.1% on a year-over-year basis. During the same period in the prior year, the firm posted $1.00 earnings per share. View MarketAxess' Earnings History.
When is MarketAxess' next earnings date?
How can I listen to MarketAxess' earnings call?
MarketAxess will be holding an earnings conference call on Wednesday, October 24th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8554254206.
What price target have analysts set for MKTX?
9 brokers have issued 12-month price targets for MarketAxess' stock. Their forecasts range from $190.00 to $219.00. On average, they anticipate MarketAxess' share price to reach $206.7143 in the next twelve months. This suggests a possible upside of 5.3% from the stock's current price. View Analyst Price Targets for MarketAxess.
What is the consensus analysts' recommendation for MarketAxess?
9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MarketAxess in the last year. There are currently 9 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for MarketAxess.
Who are some of MarketAxess' key competitors?
Some companies that are related to MarketAxess include TD Ameritrade (AMTD), Interactive Brokers Group (IBKR), Nomura (NMR), Raymond James (RJF), SEI Investments (SEIC), Virtu Financial (VIRT), Stifel Financial (SF), Navient (NAVI), Waddell & Reed Financial (WDR), Wisdom Tree Investments (WETF), Piper Jaffray Companies (PJC), Investment Technology Group (ITG), Associated Capital Group (AC), Greenhill & Co., Inc. (GHL) and Gamco Investors (GBL).
Who are MarketAxess' key executives?
MarketAxess' management team includes the folowing people:
- Mr. Richard Mitchell McVey, Chairman & CEO (Age 58)
- Mr. Antonio Louis DeLise, Chief Financial Officer (Age 56)
- Mr. Nicholas Themelis, Chief Information Officer (Age 54)
- Mr. Kevin M. McPherson, Global Head of Sales (Age 47)
- Mr. Christophe Roupie, Head of Europe and Asia - Marketaxess Europe Limited & Trax (Age 52)
Who are MarketAxess' major shareholders?
MarketAxess' stock is owned by a number of of institutional and retail investors. Top institutional investors include KAMES CAPITAL plc (0.93%), Forte Capital LLC ADV (0.11%), Texas Permanent School Fund (0.06%), Bank of Montreal Can (0.05%), Aperio Group LLC (0.04%) and Nisa Investment Advisors LLC (0.03%). Company insiders that own MarketAxess stock include Antonio L Delise, David G Gomach, John Steinhardt, Kevin M Mcpherson, Nicholas Themelis, Richard M Mcvey, Ronald M Hersch and Stephen P Casper. View Institutional Ownership Trends for MarketAxess.
Which major investors are selling MarketAxess stock?
MKTX stock was sold by a variety of institutional investors in the last quarter, including KAMES CAPITAL plc, Aperio Group LLC, Bank of Montreal Can and Texas Permanent School Fund. Company insiders that have sold MarketAxess company stock in the last year include Antonio L Delise, David G Gomach, John Steinhardt, Kevin M Mcpherson, Nicholas Themelis, Richard M Mcvey and Stephen P Casper. View Insider Buying and Selling for MarketAxess.
Which major investors are buying MarketAxess stock?
MKTX stock was acquired by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC, Forte Capital LLC ADV, First Hawaiian Bank and Atria Investments LLC. View Insider Buying and Selling for MarketAxess.
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is MarketAxess' stock price today?
One share of MKTX stock can currently be purchased for approximately $196.34.
How big of a company is MarketAxess?
MarketAxess has a market capitalization of $7.42 billion and generates $397.47 million in revenue each year. The financial services provider earns $148.08 million in net income (profit) each year or $3.90 on an earnings per share basis. MarketAxess employs 429 workers across the globe.
What is MarketAxess' official website?
How can I contact MarketAxess?
MarketAxess' mailing address is 299 PARK AVENUE 10TH FLOOR, NEW YORK NY, 10171. The financial services provider can be reached via phone at 212-813-6000 or via email at [email protected]
MarketBeat Community Rating for MarketAxess (NASDAQ MKTX)
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.
