MarketAxess Holdings Company Profile (NASDAQ:MKTX)

About MarketAxess Holdings (NASDAQ:MKTX)

MarketAxess Holdings logoMarketAxess Holdings Inc. operates an electronic trading platform that enables fixed-income market participants to trade corporate bonds and other types of fixed-income instruments using its trading technology. Institutional investor and broker-dealer firms are users of trading platform, accessing global liquidity in the United States corporate bonds, emerging markets and high-yield bonds, European bonds, the United States agency bonds, municipal bonds, credit default swaps and other fixed-income securities. Through Open Trading protocols, it executes trades in certain bonds between and among institutional investor and broker-dealer clients in a trading environment on a matched principal basis. It 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.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Investment Brokerage - National
  • Sub-Industry: Specialized Finance
  • Symbol: NASDAQ:MKTX
  • CUSIP: 57060D10
  • Web:
  • Market Cap: $7.06 billion
  • Outstanding Shares: 37,529,000
Average Prices:
  • 50 Day Moving Avg: $185.76
  • 200 Day Moving Avg: $176.78
  • 52 Week Range: $133.74 - $200.90
  • Trailing P/E Ratio: 51.06
  • Foreward P/E Ratio: 37.30
  • P/E Growth: 2.69
Sales & Book Value:
  • Annual Revenue: $385.24 million
  • Price / Sales: 18.31
  • Book Value: $12.85 per share
  • Price / Book: 14.63
  • Annual Dividend: $1.32
  • Dividend Yield: 0.7%
  • EBIDTA: $219.89 million
  • Net Margins: 34.11%
  • Return on Equity: 28.57%
  • Return on Assets: 25.76%
  • Current Ratio: 7.94%
  • Quick Ratio: 7.94%
  • Average Volume: 163,156 shs.
  • Beta: 0.7
  • Short Ratio: 1.67

Frequently Asked Questions for MarketAxess Holdings (NASDAQ:MKTX)

What is MarketAxess Holdings' stock symbol?

MarketAxess Holdings trades on the NASDAQ under the ticker symbol "MKTX."

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

MarketAxess Holdings declared a quarterly dividend on Wednesday, April 26th. Investors of record on Thursday, May 11th will be paid a dividend of $0.33 per share on Thursday, May 25th. This represents a $1.32 dividend on an annualized basis and a yield of 0.70%. The ex-dividend date of this dividend is Tuesday, May 9th. View MarketAxess Holdings' Dividend History.

How were MarketAxess Holdings' earnings last quarter?

MarketAxess Holdings Inc. (NASDAQ:MKTX) issued its quarterly earnings results on Wednesday, April, 26th. The company reported $1.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.95 by $0.16. The firm earned $103.90 million during the quarter, compared to analysts' expectations of $102.52 million. MarketAxess Holdings had a return on equity of 28.57% and a net margin of 34.11%. The firm's revenue for the quarter was up 17.3% compared to the same quarter last year. During the same period last year, the business earned $0.77 earnings per share. View MarketAxess Holdings' Earnings History.

Where is MarketAxess Holdings' stock going? Where will MarketAxess Holdings' stock price be in 2017?

7 equities research analysts have issued 1-year price objectives for MarketAxess Holdings' shares. Their forecasts range from $170.00 to $190.00. On average, they expect MarketAxess Holdings' share price to reach $179.60 in the next year. View Analyst Ratings for MarketAxess Holdings.

Are investors shorting MarketAxess Holdings?

MarketAxess Holdings saw a increase in short interest during the month of April. As of April 28th, there was short interest totalling 277,017 shares, an increase of 1.4% from the April 13th total of 273,079 shares. Based on an average daily trading volume, of 146,191 shares, the days-to-cover ratio is currently 1.9 days.

Who are some of MarketAxess Holdings' key competitors?

Who owns MarketAxess Holdings stock?

MarketAxess Holdings' stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.14%), Vanguard Group Inc. (7.75%), Baillie Gifford & Co. (7.11%), Wells Fargo & Company MN (3.34%), Neuberger Berman Group LLC (2.78%) and State Street Corp (2.61%). Company insiders that own MarketAxess Holdings stock include Antonio L Delise, David G Gomach, Nicholas Themelis, Richard M Mcvey, Ronald M Hersch and Stephen P Casper. View Institutional Ownership Trends for MarketAxess Holdings.

Who sold MarketAxess Holdings stock? Who is selling MarketAxess Holdings stock?

MarketAxess Holdings' stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Janus Capital Management LLC, Dimensional Fund Advisors LP, Wellington Management Group LLP, Next Century Growth Investors LLC, Granahan Investment Management Inc. MA, Alliancebernstein L.P. and Morgan Stanley. Company insiders that have sold MarketAxess Holdings stock in the last year include Antonio L Delise, David G Gomach, Nicholas Themelis, Richard M Mcvey, Ronald M Hersch and Stephen P Casper. View Insider Buying and Selling for MarketAxess Holdings.

Who bought MarketAxess Holdings stock? Who is buying MarketAxess Holdings stock?

MarketAxess Holdings' stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Columbus Circle Investors, Ownership Capital B.V., FMR LLC, Ameriprise Financial Inc., Kayne Anderson Rudnick Investment Management LLC and AQR Capital Management LLC. View Insider Buying and Selling for MarketAxess Holdings.

How do I buy MarketAxess Holdings stock?

Shares of MarketAxess Holdings can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of MarketAxess Holdings stock cost?

One share of MarketAxess Holdings stock can currently be purchased for approximately $188.00.

Analyst Ratings

Consensus Ratings for MarketAxess Holdings (NASDAQ:MKTX) (?)
Ratings Breakdown: 4 Hold Ratings, 2 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.57)
Consensus Price Target: $179.60 (4.47% downside)

Analysts' Ratings History for MarketAxess Holdings (NASDAQ:MKTX)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/4/2017Keefe, Bruyette & WoodsReiterated RatingBuy$190.00LowView Rating Details
1/31/2017MacquarieUpgradeUnderperform -> Neutral$178.00N/AView Rating Details
1/25/2017Credit Suisse Group AGUpgradeUnderperform -> Neutral$145.00 -> $170.00N/AView Rating Details
1/6/2017Goldman Sachs Group IncInitiated CoverageConviction-Buy$185.00N/AView Rating Details
1/3/2017Raymond James Financial, Inc.UpgradeMarket Perform -> Outperform$175.00N/AView Rating Details
7/15/2016Citigroup IncDowngradeMarket PerformN/AView Rating Details
6/20/2016William BlairInitiated CoverageMarket PerformN/AView Rating Details
(Data available from 5/23/2015 forward)


Earnings History for MarketAxess Holdings (NASDAQ:MKTX)
Earnings by Quarter for MarketAxess Holdings (NASDAQ:MKTX)
Earnings History by Quarter for MarketAxess Holdings (NASDAQ:MKTX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/26/2017Q1 2017$0.95$1.11$102.52 million$103.90 millionViewN/AView Earnings Details
1/25/2017Q416$0.84$0.88$93.74 million$94.40 millionViewN/AView Earnings Details
10/26/2016Q316$0.78$0.82$90.51 million$90.30 millionViewListenView Earnings Details
7/28/2016Q216$0.85$0.88$93.98 million$96.60 millionViewListenView Earnings Details
4/27/2016Q116$0.78$0.77$89.12 million$88.60 millionViewListenView Earnings Details
1/27/2016Q415$0.62$0.65$76.41 million$76.60 millionViewListenView Earnings Details
10/21/2015Q315$0.62$0.60$74.37 million$74.20 millionViewListenView Earnings Details
7/22/2015Q215$0.64$0.64$73.09 million$75.50 millionViewListenView Earnings Details
4/22/2015Q115$0.64$0.65$75.43 million$76.80 millionViewListenView Earnings Details
1/28/2015Q414$0.52$0.57$67.60 million$70.20 millionViewListenView Earnings Details
10/22/2014Q314$0.48$0.46$64.90 million$64.20 millionViewListenView Earnings Details
7/23/2014Q214$0.46$0.48$64.57 million$65.00 millionViewN/AView Earnings Details
4/23/2014Q114$0.46$0.46$65.58 million$63.40 millionViewN/AView Earnings Details
1/29/2014Q413$0.42$0.41$60.54 million$60.40 millionViewN/AView Earnings Details
10/23/2013Q313$0.43$0.48$62.87 million$61.10 millionViewListenView Earnings Details
7/24/2013Q2 2013$0.45$0.51$64.40 million$65.60 millionViewListenView Earnings Details
4/24/2013Q1 2013$0.37$0.41$54.45 million$55.60 millionViewListenView Earnings Details
1/30/2013Q4 2012$0.36$0.36$50.43 million$50.40 millionViewListenView Earnings Details
11/2/2012Q312$0.32$0.36$47.69 million$48.30 millionViewN/AView Earnings Details
7/25/2012$0.32$0.34ViewN/AView Earnings Details
4/25/2012$0.36$0.37ViewN/AView Earnings Details
2/1/2012$0.30$0.29ViewN/AView Earnings Details
10/26/2011$0.29$0.34ViewN/AView Earnings Details
7/27/2011$0.25$0.30ViewN/AView Earnings Details
4/27/2011$0.27$0.30ViewN/AView Earnings Details
2/2/2011$0.20$0.23ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for MarketAxess Holdings (NASDAQ:MKTX)
2017 EPS Consensus Estimate: $4.19
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.95$0.95$0.95
Q2 20171$1.06$1.06$1.06
Q3 20171$1.06$1.06$1.06
Q4 20171$1.12$1.12$1.12
(Data provided by Zacks Investment Research)


Current Dividend Information for MarketAxess Holdings (NASDAQ:MKTX)
Next Dividend:5/25/2017
Annual Dividend:$1.32
Dividend Yield:0.70%
Payout Ratio:39.40% (Trailing 12 Months of Earnings)
31.58% (Based on This Year's Estimates)
26.19% (Based on Next Year's Estimates)
Dividend Payments by Quarter for MarketAxess Holdings (NASDAQ:MKTX)

Dividend History by Quarter for MarketAxess Holdings (NASDAQ:MKTX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for MarketAxess Holdings (NASDAQ:MKTX)
Insider Ownership Percentage: 4.51%
Institutional Ownership Percentage: 89.11%
Insider Trades by Quarter for MarketAxess Holdings (NASDAQ:MKTX)
Institutional Ownership by Quarter for MarketAxess Holdings (NASDAQ:MKTX)
Insider Trades by Quarter for MarketAxess Holdings (NASDAQ:MKTX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/17/2017Stephen P CasperDirectorSell230$184.70$42,481.00View SEC Filing  
5/8/2017Richard M McveyCEOSell20,000$185.70$3,714,000.00View SEC Filing  
5/2/2017Richard M McveyCEOSell27,000$191.20$5,162,400.00View SEC Filing  
2/13/2017Antonio L DeliseCFOSell8,000$189.57$1,516,560.00View SEC Filing  
2/13/2017Ronald M HerschDirectorSell12,000$189.01$2,268,120.00View SEC Filing  
2/9/2017Nicholas ThemelisInsiderSell10,468$188.20$1,970,077.60View SEC Filing  
2/9/2017Richard M McveyCEOSell18,829$188.68$3,552,655.72View SEC Filing  
2/7/2017David G GomachDirectorSell5,370$189.98$1,020,192.60View SEC Filing  
8/23/2016Nicholas ThemelisInsiderSell6,200$165.40$1,025,480.00View SEC Filing  
8/19/2016Antonio L DeliseCFOSell10,000$166.79$1,667,900.00View SEC Filing  
8/8/2016Richard M McveyCEOSell30,000$162.33$4,869,900.00View SEC Filing  
5/24/2016David G GomachDirectorSell4,923$139.03$684,444.69View SEC Filing  
5/11/2016Richard M McveyCEOSell80,000$127.21$10,176,800.00View SEC Filing  
2/16/2016Antonio L. DeliseCFOSell15,505$110.89$1,719,349.45View SEC Filing  
2/8/2016Richard M. McveyCEOSell30,000$104.20$3,126,000.00View SEC Filing  
2/5/2016David G GomachDirectorSell2,500$107.61$269,025.00View SEC Filing  
2/3/2016Nicholas ThemelisinsiderSell10,683$113.76$1,215,298.08View SEC Filing  
12/7/2015Stephen P CasperDirectorSell1,500$112.40$168,600.00View SEC Filing  
11/10/2015Richard M. McveyCEOSell40,000$98.86$3,954,400.00View SEC Filing  
11/9/2015Richard M. McveyCEOSell29,254$99.09$2,898,778.86View SEC Filing  
8/13/2015David G GomachDirectorSell5,000$95.18$475,900.00View SEC Filing  
5/12/2015Richard M McveyCEOSell40,000$85.56$3,422,400.00View SEC Filing  
3/6/2015Ronald M HerschDirectorSell4,375$85.00$371,875.00View SEC Filing  
2/26/2015Antonio L DeliseCFOSell7,000$80.92$566,440.00View SEC Filing  
2/20/2015Richard M McveyCEOSell20,013$80.30$1,607,043.90View SEC Filing  
2/12/2015David G GomachDirectorSell4,000$81.43$325,720.00View SEC Filing  
2/10/2015Nicholas ThemelisInsiderSell9,919$80.56$799,074.64View SEC Filing  
12/8/2014Richard M McveyCEOSell11,589$68.07$788,863.23View SEC Filing  
12/8/2014Stephen P CasperDirectorSell2,000$69.06$138,120.00View SEC Filing  
9/8/2014Stephen P CasperDirectorSell1,500$59.48$89,220.00View SEC Filing  
8/21/2014Nicholas ThemelisInsiderSell11,000$57.58$633,380.00View SEC Filing  
8/12/2014David G GomachDirectorSell5,000$56.52$282,600.00View SEC Filing  
7/30/2014Stephen P CasperDirectorSell1,930$57.05$110,106.50View SEC Filing  
4/29/2014John SteinhardtDirectorSell10,000$54.14$541,400.00View SEC Filing  
11/22/2013Antonio DeliseCFOSell25,000$70.43$1,760,750.00View SEC Filing  
11/20/2013Nicholas ThemelisInsiderSell27,477$68.38$1,878,877.26View SEC Filing  
7/31/2013Ronald M HerschDirectorSell10,000$51.99$519,900.00View SEC Filing  
7/30/2013David G GomachDirectorSell5,000$52.20$261,000.00View SEC Filing  
6/11/2013Richard M McveyCEOSell75,000$45.01$3,375,750.00View SEC Filing  
5/17/2013Antonio L DeliseCFOSell11,864$45.30$537,439.20View SEC Filing  
5/16/2013Nicholas ThemelisInsiderSell17,000$45.89$780,130.00View SEC Filing  
5/10/2013Richard M McveyCEOSell49,692$43.80$2,176,509.60View SEC Filing  
3/11/2013Antonio L DeliseCFOSell12,229$39.51$483,167.79View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for MarketAxess Holdings (NASDAQ:MKTX)
Latest Headlines for MarketAxess Holdings (NASDAQ:MKTX)
DateHeadline logoMarketAxess Holdings Inc. (MKTX) Short Interest Up 1.4% in April - May 22 at 7:18 AM logoInsider Selling: MarketAxess Holdings Inc. (MKTX) Director Sells 230 Shares of Stock - May 18 at 8:32 PM logoGardiner Nancy B Buys JM Smucker Co, Analog Devices Inc, IPG Photonics Corp, Sells Target Corp, ... - May 17 at 9:14 AM logoA Last Hurrah for Bonuses - May 12 at 7:11 PM logoMarketAxess Holdings, Inc. breached its 50 day moving average in a Bullish Manner : MKTX-US : May 11, 2017 - May 11 at 7:03 PM logoMarketAxess Holdings Inc. (MKTX) CEO Sells $3,714,000.00 in Stock - May 9 at 7:20 PM logoMarketAxess Holdings, Inc. : MKTX-US: Dividend Analysis : May 11th, 2017 (record date) : By the numbers : May 9, 2017 - May 9 at 6:16 PM logoMarketAxess Holdings Inc. (MKTX) Receives Average Recommendation of "Buy" from Analysts - May 5 at 8:45 PM logoMarketAxess Holdings (MKTX) Earning Somewhat Positive Press Coverage, Study Finds - May 4 at 7:01 PM logoMarketAxess Holdings Inc. (MKTX) Expected to Announce Earnings of $1.00 Per Share - May 4 at 7:46 AM logoInsider Selling: MarketAxess Holdings Inc. (MKTX) CEO Sells 27,000 Shares of Stock - May 3 at 9:56 PM logoETFs with exposure to MarketAxess Holdings, Inc. : May 2, 2017 - May 3 at 9:38 AM logoMarketAxess Announces Monthly Volume Statistics for April 2017 - May 2 at 6:49 PM logoWhy Are Top Fund Managers Buying This Potential Breakout Stock? - May 2 at 1:49 PM logoMarketAxess Holdings Inc. (MKTX) Upgraded at Zacks Investment Research - May 1 at 10:54 PM logoMarketAxess Holdings (MKTX) Earns Daily News Sentiment Score of -0.12 - May 1 at 3:26 PM logoMarketAxess Holdings, Inc. :MKTX-US: Earnings Analysis: Q1, 2017 By the Numbers : May 1, 2017 - May 1 at 12:37 PM logoWilliam Blair Analysts Raise Earnings Estimates for MarketAxess Holdings Inc. (MKTX) - May 1 at 7:55 AM logoSomewhat Positive News Coverage Likely to Affect MarketAxess Holdings (MKTX) Stock Price - April 28 at 10:34 PM logoMarketAxess Holdings Inc. Earnings Surge on Record Trading Volumes - April 28 at 7:28 PM logoMarketAxess Holdings Inc. (mktx) to Issue $0.33 Quarterly Dividend - April 27 at 2:01 PM logoEdited Transcript of MKTX earnings conference call or presentation 26-Apr-17 2:00pm GMT - April 27 at 9:39 AM logoMarketAxess Holdings, Inc. breached its 50 day moving average in a Bullish Manner : MKTX-US : April 27, 2017 - April 27 at 9:39 AM logoMarketAxess Reports First Quarter 2017 Record Revenues of $103.9 Million, Record Pre-Tax Income of $55.6 Million and Record Diluted EPS of $1.11 - April 26 at 6:44 PM logoMarketAxess posts 1Q profit - April 26 at 6:44 PM logoMarketAxess Holdings Inc. (MKTX) Announces Quarterly Earnings Results, Beats Estimates By $0.15 EPS - April 26 at 6:30 PM logoMarketAxess Holdings (MKTX) Receiving Positive Press Coverage, Analysis Finds - April 25 at 8:10 PM logoMarketAxess Holdings (MKTX) Receiving Positive News Coverage, Report Finds - April 21 at 10:27 PM logoWhy Is MarketAxess (MKTX) Up 8% Since the Last Earnings Report? - April 20 at 10:02 AM logoMarketAxess to Host Conference Call Announcing 2017 First Quarter Results on ... - April 19 at 10:32 AM logoTrax Advances Integration of CME Global Repository Services Into Insight™ Platform - April 19 at 10:32 AM logoMarketAxess to Host Conference Call Announcing 2017 First Quarter Results on Wednesday, April 26, 2017 - April 18 at 10:25 AM logoSomewhat Favorable Media Coverage Very Likely to Affect MarketAxess Holdings (MKTX) Share Price - April 18 at 12:35 AM logoBaron Asset Fund Comments on MarketAxess Holdings - April 14 at 8:37 AM logoMarketAxess (MKTX) Stock Continues to Surge, Here's Why - April 13 at 11:19 PM logoMarketAxess (MKTX) Stock Continues to Surge, Here's Why - April 13 at 6:18 PM logoMarketAxess Holdings Inc. (MKTX) Stock Rating Upgraded by Zacks Investment Research - April 13 at 11:19 AM logoZacks: Brokerages Expect MarketAxess Holdings Inc. (MKTX) Will Post Earnings of $0.98 Per Share - April 13 at 8:44 AM logoMarketAxess Holdings Inc. to Post Q1 2017 Earnings of $0.95 Per Share, William Blair Forecasts (MKTX) - April 13 at 7:50 AM logoMarketAxess Holdings Inc. (MKTX) Given Average Recommendation of "Hold" by Brokerages - April 10 at 8:51 PM logoMarketAxess Holdings Inc. (MKTX) Lowered to Sell at Zacks Investment Research - April 7 at 7:48 PM logoMarketAxess Holdings Inc. (MKTX) Earns "Buy" Rating from Keefe, Bruyette & Woods - April 4 at 1:23 PM logoZacks Investment Research Lowers MarketAxess Holdings Inc. (MKTX) to Hold - April 3 at 12:56 PM logoZacks Investment Research Downgrades MarketAxess Holdings Inc. (MKTX) to Hold - March 28 at 1:48 PM logoIntercontinental Exchange's (ICE) February Volume Declines - March 8 at 9:56 AM logoCBOE Holdings (CBOE) Reports Increase in February Volumes - March 6 at 8:28 AM logo5:03 pm Marketaxess reports Feb trading volume of $117.8 billion - consisting of $64.2 billion in U.S. high-grade volume, $49.4 billion in other credit volume, and $4.3 billion in liquid products volume - March 3 at 3:08 AM logoMarketAxess Announces Monthly Volume Statistics for February 2017 - March 2 at 6:48 PM logoTrax and Droit Partner on EMIR Eligibility and Derivatives Reporting Service - February 27 at 6:05 PM logoMarketAxess Appoints Christophe Roupie as Head of Europe and Asia - February 27 at 6:05 PM



MarketAxess Holdings (MKTX) Chart for Tuesday, May, 23, 2017

This page was last updated on 5/23/2017 by Staff