MarketAxess - MKTX Stock Forecast, Price & News

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MarketAxess in the last twelve months. There are currently 1 sell rating, 10 hold ratings and 1 buy rating 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.

12 Wall Street research analysts have issued 1-year price targets for MarketAxess' shares. Their MKTX share price forecasts range from $270.00 to $415.00. On average, they predict the company's share price to reach $321.09 in the next twelve months. This suggests that the stock has a possible downside of 13.8%.
View analysts price targets for MKTX or view top-rated stocks among Wall Street analysts.

MarketAxess' stock was trading at $278.89 on January 1st, 2023. Since then, MKTX shares have increased by 33.5% and is now trading at $372.37.
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MarketAxess saw a increase in short interest in January. As of January 15th, there was short interest totaling 847,900 shares, an increase of 20.6% from the December 31st total of 703,300 shares. Based on an average daily trading volume, of 357,400 shares, the days-to-cover ratio is presently 2.4 days. Approximately 2.3% of the shares of the stock are sold short.
View MarketAxess' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 19th 2023.
View our MKTX earnings forecast.

MarketAxess Holdings Inc. (NASDAQ:MKTX) released its earnings results on Wednesday, January, 25th. The financial services provider reported $1.58 earnings per share for the quarter, topping analysts' consensus estimates of $1.53 by $0.05. The financial services provider earned $177.90 million during the quarter, compared to analyst estimates of $176.92 million. MarketAxess had a trailing twelve-month return on equity of 24.34% and a net margin of 34.84%. MarketAxess's revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.37 earnings per share.
Read the conference call transcript.

MarketAxess announced a quarterly dividend on Wednesday, January 25th. Investors of record on Wednesday, February 8th will be paid a dividend of $0.72 per share on Wednesday, February 22nd. This represents a $2.88 dividend on an annualized basis and a yield of 0.77%. The ex-dividend date is Tuesday, February 7th. This is a positive change from the stock's previous quarterly dividend of $0.70.
Read our dividend analysis for MKTX.

MarketAxess (NASDAQ:MKTX) pays an annual dividend of $2.80 per share and currently has a dividend yield of 0.76%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 42.11%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MKTX will have a dividend payout ratio of 32.22% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MKTX.

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 trades on the NASDAQ under the ticker symbol "MKTX."

MarketAxess' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Baillie Gifford & Co. (3.79%), Allspring Global Investments Holdings LLC (1.58%), Stephens Investment Management Group LLC (0.60%), Peregrine Capital Management LLC (0.21%), New York State Teachers Retirement System (0.11%) and Comerica Bank (0.08%). 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 and Stephen P Casper.
View institutional ownership trends.

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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One share of MKTX stock can currently be purchased for approximately $372.37.

MarketAxess (NASDAQ:MKTX) has a market capitalization of $14.02 billion and generates $718.30 million in revenue each year. The financial services provider earns $257.89 million in net income (profit) each year or $6.65 on an earnings per share basis.

The company employs 676 workers across the globe.

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) 813-6313, via email at tdelise@marketaxess.com, or via fax at 212-813-6390.