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
Current SymbolNASDAQ:MKTX
Previous Symbol
CUSIP57060D10
Phone212-813-6000
Debt
Debt-to-Equity RatioN/A
Current Ratio7.80
Quick Ratio7.80
Price-To-Earnings
Trailing P/E Ratio54.71
Forward P/E Ratio47.31
P/E Growth10.06
Sales & Book Value
Annual Sales$397.47 million
Price / Sales20.18
Cash Flow$4.2077 per share
Price / Cash Flow50.71
Book Value$13.71 per share
Price / Book15.56
Profitability
EPS (Most Recent Fiscal Year)$3.90
Net Income$148.08 million
Net Margins37.97%
Return on Equity29.40%
Return on Assets26.42%
Miscellaneous
Employees429
Outstanding Shares37,590,000
Market Cap$8.51 billion
OptionableOptionable
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 announced a quarterly dividend on Thursday, October 25th. Investors of record on Wednesday, November 7th will be given a dividend of $0.42 per share on Wednesday, November 21st. This represents a $1.68 dividend on an annualized basis and a yield of 0.79%. The ex-dividend date is Tuesday, November 6th. View MarketAxess' Dividend History.
How will MarketAxess' stock buyback program work?
MarketAxess announced that its board has authorized a share repurchase plan on Wednesday, October 25th 2017, which allows the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback plans are often a sign that the company's leadership believes its shares are undervalued.
How were MarketAxess' earnings last quarter?
MarketAxess Holdings Inc. (NASDAQ:MKTX) issued its quarterly earnings data on Wednesday, October, 24th. The financial services provider reported $1.02 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.93 by $0.09. The financial services provider earned $101.44 million during the quarter, compared to analysts' expectations of $101.19 million. MarketAxess had a net margin of 37.97% and a return on equity of 29.40%. The company's quarterly revenue was up 6.1% on a year-over-year basis. During the same period last year, the firm earned $0.90 earnings per share. View MarketAxess' Earnings History.
When is MarketAxess' next earnings date?
What price target have analysts set for MKTX?
8 Wall Street analysts have issued 12-month price targets for MarketAxess' stock. Their predictions range from $198.00 to $219.00. On average, they anticipate MarketAxess' stock price to reach $209.50 in the next year. This suggests that the stock has a possible downside of 1.8%. 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 1 sell rating and 7 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for MarketAxess.
Has MarketAxess been receiving favorable news coverage?
Media headlines about MKTX stock have been trending somewhat positive on Wednesday, according to InfoTrie Sentiment. The research firm rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. MarketAxess earned a coverage optimism score of 1.3 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days.
Who are some of MarketAxess' key competitors?
Some companies that are related to MarketAxess include Credit Suisse Group (CS), TD Ameritrade (AMTD), Nomura (NMR), Raymond James (RJF), SEI Investments (SEIC), Virtu Financial (VIRT), Stifel Financial (SF), Navient (NAVI), Waddell & Reed Financial (WDR), Wisdom Tree Investments (WETF), Investment Technology Group (ITG), Piper Jaffray Companies (PJC), Associated Capital Group (AC), Gamco Investors (GBL) and Freedom (FRHC).
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 P. D. Roupie, Head of Europe and Asia - Marketaxess Europe Limited & Trax (Age 52)
Who are MarketAxess' major shareholders?
MarketAxess' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Baillie Gifford & Co. (9.80%), BlackRock Inc. (9.25%), Vanguard Group Inc. (8.45%), Vanguard Group Inc (8.45%), Capital World Investors (4.99%) and Wells Fargo & Company MN (3.34%). 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 Franklin Resources Inc., FMR LLC, Blair William & Co. IL, Artemis Investment Management LLP, Bahl & Gaynor Inc., Neuberger Berman Group LLC, KAMES CAPITAL plc and Burgundy Asset Management Ltd.. Company insiders that have sold MarketAxess company stock in the last year include Antonio L Delise, David G Gomach, Kevin M Mcpherson, Nicholas Themelis and Richard M Mcvey. 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 Capital International Investors, Capital World Investors, Alliancebernstein L.P., Wells Fargo & Company MN, Marathon Asset Management LLP, BlackRock Inc., Vanguard Group Inc and Vanguard Group Inc.. 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 $213.37.
How big of a company is MarketAxess?
MarketAxess has a market capitalization of $8.51 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.
