NASDAQ:MKTX MarketAxess (MKTX) Stock Forecast, Price & News $279.28 +4.64 (+1.69%) (As of 05/26/2023 04:00 PM ET) Add Compare Share Share Today's Range$273.63▼$279.4450-Day Range$274.64▼$392.2952-Week Range$217.44▼$399.78Volume234,300 shsAverage Volume274,269 shsMarket Capitalization$10.52 billionP/E Ratio40.48Dividend Yield1.03%Price Target$334.10 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability MarketAxess MarketRank™ ForecastAnalyst RatingHold2.10 Rating ScoreUpside/Downside19.6% Upside$334.10 Price TargetShort InterestHealthy3.24% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.44Upright™ Environmental ScoreNews Sentiment0.90Based on 8 Articles This WeekInsider TradingSelling Shares$311,114 Sold Last QuarterProj. Earnings Growth13.23%From $7.56 to $8.56 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.2.67 out of 5 starsFinance Sector326th out of 905 stocksSecurity Brokers & Dealers Industry10th out of 25 stocks 2.1 Analyst's Opinion Consensus RatingMarketAxess has received a consensus rating of Hold. The company's average rating score is 2.10, and is based on 2 buy ratings, 7 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $334.10, MarketAxess has a forecasted upside of 19.6% from its current price of $279.28.Amount of Analyst CoverageMarketAxess has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.24% of the float of MarketAxess has been sold short.Short Interest Ratio / Days to CoverMarketAxess has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in MarketAxess has recently increased by 3.48%, indicating that investor sentiment is decreasing. Previous Next 4.2 Dividend Strength Dividend YieldMarketAxess pays a meaningful dividend of 1.03%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMarketAxess has been increasing its dividend for 14 years.Dividend CoverageThe dividend payout ratio of MarketAxess is 41.74%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, MarketAxess will have a dividend payout ratio of 33.64% 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 2.7 News and Social Media Coverage News SentimentMarketAxess has a news sentiment score of 0.90. 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 higher news sentiment than the 0.68 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 8 news articles for MarketAxess this week, compared to 5 articles on an average week.Search InterestOnly 4 people have searched for MKTX on MarketBeat in the last 30 days. This is a decrease of 0% 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 $311,114.00 in company stock.Percentage Held by InsidersOnly 2.00% of the stock of MarketAxess is held by insiders.Percentage Held by Institutions96.78% 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 13.23% in the coming year, from $7.56 to $8.56 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MarketAxess is 40.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.48.Price to Earnings Ratio vs. SectorThe P/E ratio of MarketAxess is 40.48, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 154.26.Price to Book Value per Share RatioMarketAxess has a P/B Ratio of 9.72. 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 (NASDAQ:MKTX) StockMarketAxess Holdings, Inc. engages in an electronic trading platform that allows investment industry professionals to trade corporate bonds and other types of fixed-income instruments. It operates through the Americas, Europe, and Asia geographical segments. The company was founded by Richard Mitchell Mcvey on April 11, 2000, and is headquartered in New York, NY.Read More 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 MKTX Stock News HeadlinesMay 29, 2023 | americanbankingnews.comMarketAxess Holdings Inc. (NASDAQ:MKTX) Receives $334.10 Average PT from BrokeragesMay 26, 2023 | finance.yahoo.comWhy Is MarketAxess (MKTX) Down 12.3% Since Last Earnings Report?May 30, 2023 | Edge On The Street (Ad)Is Graphite the New Lithium?Did you know that graphite (NOT lithium) is the largest component of lithium batteries used for EV's? Unfortunately, there are no graphite-producing mines in North America today. This leaves the U.S. at the mercy of China for our vital graphite supply.May 23, 2023 | bloomberg.comBloomberg, MarketAxess and Tradeweb Sign Joint Venture Agreement Neil Ryan to Lead Joint CTP InitiativeMay 19, 2023 | finance.yahoo.comShould You Consider Adding MarketAxess Holdings (MKTX) to Your Portfolio?May 18, 2023 | americanbankingnews.comMarketAxess (NASDAQ:MKTX) Earns Hold Rating from Analysts at StockNews.comMay 17, 2023 | finance.yahoo.comHere’s Why MarketAxess Holdings (MKTX) Outperformed in Q1May 13, 2023 | americanbankingnews.comQ2 2023 EPS Estimates for MarketAxess Holdings Inc. Reduced by Analyst (NASDAQ:MKTX)May 30, 2023 | Edge On The Street (Ad)Is Graphite the New Lithium?Did you know that graphite (NOT lithium) is the largest component of lithium batteries used for EV's? Unfortunately, there are no graphite-producing mines in North America today. This leaves the U.S. at the mercy of China for our vital graphite supply.May 10, 2023 | marketwatch.comMarketAxess Holdings Inc. stock falls Monday, underperforms marketMay 7, 2023 | marketwatch.comMarketAxess Holdings Inc. stock rises Friday, still underperforms marketMay 5, 2023 | americanbankingnews.comMarketAxess (NASDAQ:MKTX) Shares Down 4.8% May 4, 2023 | finance.yahoo.comMarketAxess Holdings (NASDAQ:MKTX) Could Be A Buy For Its Upcoming DividendMay 4, 2023 | americanbankingnews.comMarketAxess Holdings Inc. (NASDAQ:MKTX) Receives $334.10 Consensus Target Price from BrokeragesMay 3, 2023 | finance.yahoo.comMarketAxess Announces Volume Statistics for April 2023May 2, 2023 | finance.yahoo.comMarketAxess Holdings Inc. (NASDAQ:MKTX) Q1 2023 Earnings Call TranscriptMay 2, 2023 | finance.yahoo.comWhy MarketAxess Holdings Stock Fell 18.6% in AprilMay 2, 2023 | finance.yahoo.comDo You Believe in the Accelerated Growth Potential of MarketAxess Holdings (MKTX)?April 30, 2023 | americanbankingnews.comMarketAxess (NASDAQ:MKTX) Price Target Raised to $308.00April 30, 2023 | marketwatch.comMarketAxess Holdings Inc. stock outperforms market on strong trading dayApril 28, 2023 | americanbankingnews.comMarketAxess Holdings Inc. (MKTX) To Go Ex-Dividend on May 9thApril 26, 2023 | finance.yahoo.comMarketAxess (MKTX) Q1 Earnings Beat on Growing Trading VolumesApril 26, 2023 | finance.yahoo.comMarketAxess (MKTX) Tops Q1 Earnings and Revenue EstimatesApril 26, 2023 | finance.yahoo.comMarketAxess (MKTX) Reports Q1 Earnings: What Key Metrics Have to SayApril 26, 2023 | seekingalpha.comMarketAxess Holdings Inc. 2023 Q1 - Results - Earnings Call PresentationApril 26, 2023 | finance.yahoo.comMarketAxess Reports Record Revenues of $203.2 Million in First Quarter 2023April 25, 2023 | americanbankingnews.comMarketAxess (MKTX) Scheduled to Post Quarterly Earnings on WednesdaySee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 MKTX Company Calendar Last Earnings4/26/2023Ex-Dividend for 5/24 Dividend5/09/2023Dividend Payable5/24/2023Today5/30/2023Next Earnings (Estimated)7/19/2023Fiscal Year End12/31/2023Get 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) 813-6000Fax212-813-6390Employees676Year Founded2000Price Target and Rating Average Stock Price Forecast$334.10 High Stock Price Forecast$415.00 Low Stock Price Forecast$270.00 Forecasted Upside/Downside+19.6%Consensus RatingHold Rating Score (0-4)2.10 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$6.90 Trailing P/E Ratio40.48 Forward P/E Ratio36.94 P/E GrowthN/ANet Income$250.22 million Net Margins35.23% Pretax Margin47.06% Return on Equity24.55% Return on Assets16.28% Debt Debt-to-Equity RatioN/A Current Ratio2.86 Quick Ratio2.86 Sales & Book Value Annual Sales$718.30 million Price / Sales14.65 Cash Flow$8.45 per share Price / Cash Flow33.04 Book Value$28.72 per share Price / Book9.72Miscellaneous Outstanding Shares37,670,000Free Float36,916,000Market Cap$10.52 billion OptionableOptionable Beta0.79 Social Links Key ExecutivesChristopher R. ConcannonChief Executive Officer & DirectorChristopher N. GerosaChief Financial & Accounting OfficerNash PanchalChief Information OfficerRichard J. SchiffmanHead-Open Trading Product ManagerMary SedaratChief Experience OfficerKey CompetitorsInteractive Brokers GroupNASDAQ:IBKRNomuraNYSE:NMRRobinhood MarketsNASDAQ:HOODSEI InvestmentsNASDAQ:SEICJefferies Financial GroupNYSE:JEFView All CompetitorsInsiders & InstitutionsProShare Advisors LLCBought 998 shares on 5/26/2023Ownership: 0.022%Toroso Investments LLCSold 923 shares on 5/23/2023Ownership: 0.005%Royce & Associates LPSold 158 shares on 5/23/2023Ownership: 0.004%Ameriprise Financial Inc.Bought 49,939 shares on 5/22/2023Ownership: 0.179%Centaurus Financial Inc.Sold 56 shares on 5/18/2023Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions MKTX Stock - Frequently Asked Questions Should I buy or sell MarketAxess stock right now? 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MarketAxess in the last twelve months. There are currently 1 sell rating, 7 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research 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 forecast for 2023? 10 equities research analysts have issued 1 year price objectives for MarketAxess' stock. Their MKTX share price forecasts range from $270.00 to $415.00. On average, they anticipate the company's share price to reach $334.10 in the next year. This suggests a possible upside of 19.6% 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 at the beginning of the year. Since then, MKTX shares have increased by 0.1% and is now trading at $279.28. 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, July 19th 2023. View our MKTX earnings forecast. How were MarketAxess' earnings last quarter? MarketAxess Holdings Inc. (NASDAQ:MKTX) announced its quarterly earnings data on Wednesday, April, 26th. The financial services provider reported $1.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.90 by $0.06. The financial services provider had revenue of $203.20 million for the quarter, compared to analysts' expectations of $200.36 million. MarketAxess had a trailing twelve-month return on equity of 24.55% and a net margin of 35.23%. The company's revenue for the quarter was up 9.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.73 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, April 26th. Investors of record on Wednesday, May 10th will be given a dividend of $0.72 per share on Wednesday, May 24th. This represents a $2.88 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date is Tuesday, May 9th. 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 Amplify Digital & Online Trading ETF (BIDS), iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI), Horizon Kinetics Blockchain Development ETF (BCDF), Guru Favorite Stocks ETF (GFGF), BlackRock Future Innovators ETF (BFTR), Corbett Road Tactical Opportunity ETF (OPPX), SPDR S&P Capital Markets ETF (KCE) and VanEck Morningstar ESG Moat ETF (MOTE). 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 1.03%. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 41.74%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MKTX will have a dividend payout ratio of 33.64% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MKTX. 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). What is MarketAxess' stock symbol? MarketAxess trades on the NASDAQ under the ticker symbol "MKTX." Who are MarketAxess' major shareholders? MarketAxess' stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.43%), State Street Corp (4.35%), Baillie Gifford & Co. (3.83%), Ownership Capital B.V. (3.00%), Macquarie Group Ltd. (2.58%) and Geode Capital Management LLC (2.28%). Insiders that own company stock include Antonio L Delise, Christophe Pierre Danie Roupie, 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. What is MarketAxess' stock price today? One share of MKTX stock can currently be purchased for approximately $279.28. How much money does MarketAxess make? MarketAxess (NASDAQ:MKTX) has a market capitalization of $10.52 billion and generates $718.30 million in revenue each year. The financial services provider earns $250.22 million in net income (profit) each year or $6.90 on an earnings per share basis. How many employees does MarketAxess have? The company employs 676 workers across the globe. Does MarketAxess have any subsidiaries? The following companies are subsidiares of MarketAxess: LiquidityEdge.Read More How can I contact MarketAxess? MarketAxess' mailing address is 55 HUDSON YARDS 15TH FLOOR, NEW YORK NY, 10001. The official website for the company is www.marketaxess.com. The financial services provider can be reached via phone at (212) 813-6000, via email at tdelise@marketaxess.com, or via fax at 212-813-6390. This page (NASDAQ:MKTX) was last updated on 5/30/2023 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. 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