MarketAxess Stock Price, News & Analysis (NASDAQ:MKTX)

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.

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.
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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.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 24th 2024.
View our MKTX earnings forecast.

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.
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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.

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.

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).

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.

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).

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.
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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.
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