NASDAQ:MKTX - MarketAxess Stock Price, News, Headlines & Rumors

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$186.44 +0.48 (+0.26 %)
(As of 08/15/2018 02:57 AM ET)
Previous Close$185.96
Today's Range$185.85 - $187.31
52-Week Range$171.45 - $229.84
Volume134,800 shs
Average Volume222,227 shs
Market Capitalization$7.01 billion
P/E Ratio47.83
Dividend Yield0.90%
Beta0.54
MarketAxess logoMarketAxess 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.

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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 Ratio47.83
Forward P/E Ratio42.57
P/E Growth8.52

Sales & Book Value

Annual Sales$397.47 million
Price / Sales17.62
Cash Flow$4.4656 per share
Price / Cash41.75
Book Value$13.71 per share
Price / Book13.60

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$7.01 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. Shareholders of record on Thursday, August 9th will be given a dividend of $0.42 per share on Thursday, August 23rd. This represents a $1.68 dividend on an annualized basis and a yield of 0.90%. The ex-dividend date of this dividend 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 stock repurchase plan on Wednesday, October 25th 2017, which allows the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board of directors believes its stock is undervalued.

How were MarketAxess' earnings last quarter?

MarketAxess Holdings Inc. (NASDAQ:MKTX) announced its quarterly earnings data on Wednesday, July, 25th. The financial services provider reported $1.07 EPS for the quarter, beating the Zacks' consensus estimate of $1.05 by $0.02. The financial services provider had revenue of $106.96 million for the quarter, compared to analysts' expectations 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 quarter in the previous year, the business posted $1.00 earnings per share. View MarketAxess' Earnings History.

When is MarketAxess' next earnings date?

MarketAxess is scheduled to release their next quarterly earnings announcement on Wednesday, October, 24th 2018. View Earnings Estimates for MarketAxess.

What price target have analysts set for MKTX?

8 equities research analysts have issued 12 month price objectives for MarketAxess' stock. Their forecasts range from $190.00 to $219.00. On average, they anticipate MarketAxess' share price to reach $208.1667 in the next twelve months. This suggests a possible upside of 11.7% from the stock's current price. View Analyst Price Targets for MarketAxess.

What is the consensus analysts' recommendation for MarketAxess?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MarketAxess in the last year. There are currently 8 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for MarketAxess.

Who are some of MarketAxess' key competitors?

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)

Has MarketAxess been receiving favorable news coverage?

Headlines about MKTX stock have been trending somewhat positive this week, Accern reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. MarketAxess earned a news impact score of 0.13 on Accern's scale. They also assigned headlines about the financial services provider an impact score of 45.69 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term. View Recent Headlines for MarketAxess.

Who are MarketAxess' major shareholders?

MarketAxess' stock is owned by many different of institutional and retail investors. Top institutional investors include BAILLIE GIFFORD & COMPANY (10.01%), Baillie Gifford & Co. (9.89%), BlackRock Inc. (9.08%), Wells Fargo & Company MN (3.01%), American Century Companies Inc. (1.98%) and Janus Henderson Group PLC (1.81%). 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 institutional investors are selling MarketAxess stock?

MKTX stock was sold by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., Fred Alger Management Inc., Frontier Capital Management Co. LLC, Victory Capital Management Inc., Russell Investments Group Ltd., Burgundy Asset Management Ltd., Robeco Institutional Asset Management B.V. and Scout Investments Inc.. 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 institutional investors are buying MarketAxess stock?

MKTX stock was purchased by a variety of institutional investors in the last quarter, including Artisan Partners Limited Partnership, BlackRock Inc., Eagle Asset Management Inc., Sei Investments Co., Baird Financial Group Inc., FMR LLC, Carillon Tower Advisers Inc. and Baillie Gifford & Co.. 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 $186.44.

How big of a company is MarketAxess?

MarketAxess has a market capitalization of $7.01 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.

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)

Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  183 (Vote Outperform)
Underperform Votes:  370 (Vote Underperform)
Total Votes:  553
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.
This page was last updated on 8/15/2018 by MarketBeat.com Staff

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