MarketAxess - MKTX Stock Forecast, Price & News

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MarketAxess in the last year. There are currently 1 sell rating and 8 hold ratings for the stock. The consensus among Wall Street equities 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.

9 analysts have issued 1 year target prices for MarketAxess' shares. Their MKTX share price forecasts range from $231.00 to $471.00. On average, they predict the company's stock price to reach $306.33 in the next year. This suggests a possible upside of 34.7% from the stock's current price.
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MarketAxess' stock was trading at $411.27 at the beginning of the year. Since then, MKTX stock has decreased by 44.7% and is now trading at $227.48.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 19th 2022.
View our MKTX earnings forecast.

MarketAxess Holdings Inc. (NASDAQ:MKTX) released its quarterly earnings data on Wednesday, July, 20th. The financial services provider reported $1.78 EPS for the quarter, topping the consensus estimate of $1.71 by $0.07. The financial services provider had revenue of $182.20 million for the quarter, compared to the consensus estimate of $185.24 million. MarketAxess had a net margin of 34.77% and a trailing twelve-month return on equity of 23.55%. The firm's quarterly revenue was up 3.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.77 earnings per share.
Read the conference call transcript.

MarketAxess declared a quarterly dividend on Wednesday, July 20th. Stockholders of record on Wednesday, August 3rd will be paid a dividend of $0.70 per share on Wednesday, August 17th. This represents a $2.80 dividend on an annualized basis and a yield of 1.23%. The ex-dividend date is Tuesday, August 2nd.
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 1.23%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 43.89%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MKTX will have a dividend payout ratio of 36.75% 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 number of institutional and retail investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (7.92%), GUARDCAP ASSET MANAGEMENT Ltd (5.21%), State Street Corp (4.71%), Baillie Gifford & Co. (3.90%), Allspring Global Investments Holdings LLC (2.17%) and Primecap Management Co. CA (2.14%). 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 $227.48.

MarketAxess (NASDAQ:MKTX) has a market capitalization of $8.56 billion and generates $698.95 million in revenue each year. The financial services provider earns $257.89 million in net income (profit) each year or $6.38 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) 813-6027, via email at tdelise@marketaxess.com, or via fax at 212-813-6390.