MarketAxess Stock Price, News & Analysis (NASDAQ:MKTX) $230.99 +0.71 (+0.31%) (As of 11/28/2023 ET) Add Compare Share Share Today's Range$230.00▼$232.8150-Day Range$201.78▼$242.0452-Week Range$200.01▼$399.78Volume243,466 shsAverage Volume385,475 shsMarket Capitalization$8.75 billionP/E Ratio35.05Dividend Yield1.25%Price Target$272.27 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability MarketAxess MarketRank™ Stock AnalysisAnalyst RatingHold2.30 Rating ScoreUpside/Downside17.9% Upside$272.27 Price TargetShort InterestHealthy3.03% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.44Upright™ Environmental ScoreNews Sentiment0.47Based on 5 Articles This WeekInsider TradingSelling Shares$235,569 Sold Last QuarterProj. Earnings Growth11.56%From $6.66 to $7.43 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.87 out of 5 starsFinance Sector111th out of 860 stocksSecurity Brokers & Dealers Industry7th out of 27 stocks 3.2 Analyst's Opinion Consensus RatingMarketAxess has received a consensus rating of Hold. The company's average rating score is 2.30, and is based on 4 buy ratings, 5 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $272.27, MarketAxess has a forecasted upside of 17.9% from its current price of $230.99.Amount of Analyst CoverageMarketAxess has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.03% of the float of MarketAxess has been sold short.Short Interest Ratio / Days to CoverMarketAxess has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in MarketAxess has recently increased by 4.67%, indicating that investor sentiment is decreasing. Previous Next 4.2 Dividend Strength Dividend YieldMarketAxess pays a meaningful dividend of 1.24%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMarketAxess has been increasing its dividend for 15 years.Dividend CoverageThe dividend payout ratio of MarketAxess is 43.70%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, MarketAxess will have a dividend payout ratio of 38.76% next year. This indicates that MarketAxess will be able to sustain or increase its dividend. Previous Next 3.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreMarketAxess has received a 32.41% net impact score from Upright. Marketaxess seems to create the most significant positive value in categories "Taxes", "Distributing knowledge", and "Societal infrastructure". The positive contribution in the "Distributing knowledge" impact category is mostly driven by its "Electronic trading platforms", "Market intelligence data provision", and "Transaction data analysis software" products. See details.Environmental SustainabilityThe Environmental Impact score for MarketAxess is -0.44. Previous Next 1.4 News and Social Media Coverage News SentimentMarketAxess has a news sentiment score of 0.47. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.71 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for MarketAxess this week, compared to 5 articles on an average week.MarketBeat FollowsOnly 2 people have added MarketAxess to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, MarketAxess insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $235,569.00 in company stock.Percentage Held by InsidersOnly 2.00% of the stock of MarketAxess is held by insiders.Percentage Held by Institutions99.01% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for MarketAxess are expected to grow by 11.56% in the coming year, from $6.66 to $7.43 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MarketAxess is 35.05, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.20.Price to Earnings Ratio vs. SectorThe P/E ratio of MarketAxess is 35.05, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.13.Price to Earnings Growth RatioMarketAxess has a PEG Ratio of 4.49. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioMarketAxess has a P/B Ratio of 8.04. 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 Stock (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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MKTX Stock News HeadlinesNovember 24, 2023 | finance.yahoo.comWhy Is MarketAxess (MKTX) Up 10.2% Since Last Earnings Report?November 24, 2023 | forbes.comDown 7% In The Last Three Month, Can MarketAxess Stock Turn Into A Winner?November 29, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 24, 2023 | americanbankingnews.comMarketAxess (NASDAQ:MKTX) & Cathedra Bitcoin (OTC:CBTTF) Head-To-Head AnalysisNovember 19, 2023 | finance.yahoo.comShould You Now Sell Your MarketAxess (MKTX) Shares Before it’s Too Late?November 9, 2023 | msn.comMarketAxess CFO Gerosa to step down in 2024November 9, 2023 | finance.yahoo.comMarketAxess Announces CFO TransitionNovember 8, 2023 | finance.yahoo.comMKTX Nov 2023 195.000 callNovember 29, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 6, 2023 | finance.yahoo.comMarketAxess Holdings Inc's Dividend AnalysisNovember 3, 2023 | businesswire.com(7.5November 3, 2023 | msn.comMarketAxess credit ADV rises 7.6% in October, helped by U.S. high-yieldNovember 3, 2023 | finance.yahoo.comMarketAxess Announces Monthly Volume Statistics for October 2023November 2, 2023 | finance.yahoo.comWhy You Might Be Interested In MarketAxess Holdings Inc. (NASDAQ:MKTX) For Its Upcoming DividendOctober 30, 2023 | benzinga.comMarketAxess Announces Trading for Turkeys Initiative to Support City HarvestOctober 27, 2023 | msn.comCitigroup Maintains MarketAxess Holdings (MKTX) Buy RecommendationOctober 27, 2023 | finance.yahoo.comMarketAxess (MKTX) Q3 Earnings: How Key Metrics Compare to Wall Street EstimatesOctober 26, 2023 | finance.yahoo.comMarketAxess Holdings Inc. (NASDAQ:MKTX) Q3 2023 Earnings Call TranscriptOctober 25, 2023 | finance.yahoo.comMarketAxess Holdings Inc (MWI.MU)October 25, 2023 | finance.yahoo.comMarketAxess (MKTX) Q3 Earnings Miss on Higher ExpensesOctober 25, 2023 | sfgate.comMarketAxess: Q3 Earnings SnapshotOctober 25, 2023 | businesswire.com(9.0October 25, 2023 | finance.yahoo.comMarketAxess Reports Third Quarter 2023 ResultsOctober 25, 2023 | finance.yahoo.comMarketAxess Holdings Inc (MKTX) Reports Steady Revenues Amid Low Credit Spread VolatilityOctober 23, 2023 | msn.comWill High Expenses Hurt MarketAxess (MKTX) in Q3 Earnings?October 19, 2023 | finance.yahoo.comEMpower Welcomes MarketAxess as First Global Leadership Council PartnerOctober 18, 2023 | finance.yahoo.comEarnings Preview: MarketAxess (MKTX) Q3 Earnings Expected to DeclineSee 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. Email Address Company Calendar Last Earnings10/25/2023Ex-Dividend for 11/22 Dividend11/07/2023Dividend Payable11/22/2023Today11/28/2023Fiscal Year End12/31/2023Next Earnings (Estimated)1/24/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Security brokers & dealers Sub-IndustrySpecialized Finance SectorFinance Current SymbolNASDAQ:MKTX CUSIP57060D10 CIK1278021 Webwww.marketaxess.com Phone(212) 813-6000Fax212-813-6390Employees744Year Founded2000Price Target and Rating Average Stock Price Target$272.27 High Stock Price Target$345.00 Low Stock Price Target$203.00 Potential Upside/Downside+17.9%Consensus RatingHold Rating Score (0-4)2.30 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$6.59 Trailing P/E Ratio35.05 Forward P/E Ratio34.68 P/E Growth4.49Net Income$250.22 million Net Margins33.78% Pretax Margin44.78% Return on Equity21.86% Return on Assets15.12% Debt Debt-to-Equity RatioN/A Current Ratio2.85 Quick Ratio2.85 Sales & Book Value Annual Sales$718.30 million Price / Sales12.19 Cash Flow$8.44 per share Price / Cash Flow27.38 Book Value$28.72 per share Price / Book8.04Miscellaneous Outstanding Shares37,900,000Free Float37,147,000Market Cap$8.75 billion OptionableOptionable Beta0.91 Social Links (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Richard Mitchell McVey (Age 64)Founder & Executive Chairman Comp: $2.38MMr. Christopher Robert Concannon (Age 56)CEO & Director Comp: $1.81MMr. Christopher Neal Gerosa (Age 47)Chief Financial Officer Comp: $910kMr. Naineshkumar Shantilal Panchal (Age 51)Chief Information Officer Comp: $2.73MMr. Kevin M. McPherson (Age 52)Chief Revenue Officer Comp: $1.21MMr. Stephen C. DavidsonHead of Investor RelationsMr. Scott Pintoff (Age 52)General Counsel & Corporate Secretary Ms. Julie SheffetChief Human Resources OfficerMr. Richard J. Schiffman (Age 57)Global Head of Trading Solutions Mr. James Nevil Blair Rucker (Age 67)Global Head of Operations Services Comp: $682kMore ExecutivesKey CompetitorsInteractive Brokers GroupNASDAQ:IBKRSEI InvestmentsNASDAQ:SEICRobinhood MarketsNASDAQ:HOODJefferies Financial GroupNYSE:JEFStifel FinancialNYSE:SFView All CompetitorsInsiders & InstitutionsKevin M McphersonSold 1,020 sharesTotal: $235,569.00 ($230.95/share)2Xideas AGBought 18,420 shares on 11/27/2023Ownership: 0.127%Banque Pictet & Cie SABought 741 shares on 11/27/2023Ownership: 0.007%Deutsche Bank AGBought 709 shares on 11/24/2023Ownership: 0.340%Public Sector Pension Investment BoardBought 440 shares on 11/22/2023Ownership: 0.023%View All Insider TransactionsView All Institutional Transactions MKTX Stock Analysis - Frequently Asked Questions Should I buy or sell MarketAxess stock right now? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MarketAxess in the last twelve months. There are currently 1 sell rating, 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street 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? 10 analysts have issued 12-month price targets for MarketAxess' shares. Their MKTX share price targets range from $203.00 to $345.00. On average, they expect the company's share price to reach $272.27 in the next year. This suggests a possible upside of 17.9% 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 2023? MarketAxess' stock was trading at $278.89 on January 1st, 2023. Since then, MKTX shares have decreased by 17.2% and is now trading at $230.99. View the best growth stocks for 2023 here. When is MarketAxess' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 24th 2024. View our MKTX earnings forecast. How were MarketAxess' earnings last quarter? MarketAxess Holdings Inc. (NASDAQ:MKTX) posted its quarterly earnings data on Wednesday, October, 25th. The financial services provider reported $1.46 earnings per share for the quarter, meeting the consensus estimate of $1.46. The financial services provider earned $172.30 million during the quarter, compared to the consensus estimate of $172.32 million. MarketAxess had a trailing twelve-month return on equity of 21.86% and a net margin of 33.78%. The company's quarterly revenue was up .1% compared to the same quarter last year. During the same period last year, the company earned $1.58 EPS. Read the conference call transcript. How often does MarketAxess pay dividends? What is the dividend yield for MarketAxess? MarketAxess declared a quarterly dividend on Wednesday, October 25th. Investors of record on Wednesday, November 8th will be given a dividend of $0.72 per share on Wednesday, November 22nd. This represents a $2.88 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date of this dividend is Tuesday, November 7th. Read our dividend analysis for MKTX. Is MarketAxess a good dividend stock? MarketAxess (NASDAQ:MKTX) pays an annual dividend of $2.88 per share and currently has a dividend yield of 1.24%. The company has been increasing its dividend for 15 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 43.70%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MKTX will have a dividend payout ratio of 38.76% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MKTX. What ETFs hold MarketAxess' stock? 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). 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 retail and institutional investors. Top institutional investors include Royal Bank of Canada (4.50%), Van ECK Associates Corp (3.34%), Primecap Management Co. CA (2.95%), Ownership Capital B.V. (2.10%), Kayne Anderson Rudnick Investment Management LLC (1.80%) and Baillie Gifford & Co. (1.62%). 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. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. 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 11/29/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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