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 firms the access to global liquidity in U.S. high-grade corporate bonds, emerging markets and high-yield bonds, European bonds, U.S.
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Industry, Sector and Symbol
Industry Security brokers & dealers
Sub-IndustrySpecialized Finance
SectorFinance
Phone212-813-6000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$435.57 million
Profitability
Miscellaneous
Employees476
Next Earnings Date7/24/2019 (Estimated)
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, April 25th. Shareholders of record on Wednesday, May 8th will be given a dividend of $0.51 per share on Wednesday, May 22nd. This represents a $2.04 annualized dividend and a yield of 0.64%. The ex-dividend date of this dividend is Tuesday, May 7th. View MarketAxess' Dividend History.
How will MarketAxess' stock buyback program work?
MarketAxess declared that its Board of Directors has authorized a stock repurchase plan on Wednesday, October 25th 2017, which authorizes the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company's board believes its stock is undervalued.
How were MarketAxess' earnings last quarter?
MarketAxess Holdings Inc. (NASDAQ:MKTX) posted its quarterly earnings data on Wednesday, April, 24th. The financial services provider reported $1.39 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.37 by $0.02. The financial services provider earned $124.49 million during the quarter, compared to analyst estimates of $125.43 million. MarketAxess had a return on equity of 29.88% and a net margin of 39.84%. MarketAxess's revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.27 EPS. View MarketAxess' Earnings History.
When is MarketAxess' next earnings date?
What price target have analysts set for MKTX?
7 brokerages have issued 1 year target prices for MarketAxess' stock. Their predictions range from $205.00 to $255.00. On average, they anticipate MarketAxess' stock price to reach $229.6667 in the next year. This suggests that the stock has a possible downside of 28.0%. View Analyst Price Targets for MarketAxess.
What is the consensus analysts' recommendation for MarketAxess?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MarketAxess in the last year. There are currently 2 sell ratings and 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for MarketAxess.
Has MarketAxess been receiving favorable news coverage?
Headlines about MKTX stock have trended neutral on Tuesday, according to InfoTrie. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand news and blog sources. 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 news sentiment score of 0.1 on InfoTrie's scale. They also gave news coverage about the financial services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the near term. View News Stories for MarketAxess.
Are investors shorting MarketAxess?
MarketAxess saw a decrease in short interest during the month of May. As of May 15th, there was short interest totalling 2,047,800 shares, a decrease of 14.4% from the April 15th total of 2,392,200 shares. Based on an average daily trading volume, of 286,000 shares, the short-interest ratio is presently 7.2 days. Approximately 5.6% of the company's stock are sold short. View MarketAxess' Current Options Chain.
Who are some of MarketAxess' key competitors?
Some companies that are related to MarketAxess include Credit Suisse Group (CS), TD Ameritrade (AMTD), Raymond James (RJF), Nomura (NMR), SEI Investments (SEIC), Jefferies Financial Group (JEF), Virtu Financial (VIRT), Stifel Financial (SF), Navient (NAVI), Waddell & Reed Financial (WDR), Futu (FHL), Piper Jaffray Companies (PJC), Wisdom Tree Investments (WETF), Associated Capital Group (AC) and Freedom (FRHC).
What other stocks do shareholders of MarketAxess own?
Who are MarketAxess' key executives?
MarketAxess' management team includes the folowing people:
- Mr. Richard Mitchell McVey, Chairman & CEO (Age 59)
- Mr. Antonio Louis DeLise, Chief Financial Officer (Age 57)
- Mr. Nicholas Themelis, Chief Information Officer (Age 55)
- Mr. Kevin M. McPherson, Global Head of Sales (Age 48)
- Mr. Christophe P. D. Roupie, Head of Europe and Asia - Marketaxess Europe Limited & Trax (Age 53)
Who are MarketAxess' major shareholders?
MarketAxess' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Baillie Gifford & Co. (10.71%), BlackRock Inc. (9.35%), Kayne Anderson Rudnick Investment Management LLC (4.67%), Kayne Anderson Rudnick Investment Management LLC (4.08%), Wells Fargo & Company MN (3.75%) and Neuberger Berman Group LLC (2.38%). Company insiders that own MarketAxess stock include Antonio L Delise, David G Gomach, John Steinhardt, Kevin M Mcpherson, Nicholas Themelis, Richard M Mcvey 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 Kayne Anderson Rudnick Investment Management LLC, Carillon Tower Advisers Inc., Victory Capital Management Inc., Primecap Management Co. CA, Neuberger Berman Group LLC, Janus Henderson Group PLC, Bank of Montreal Can and SG Americas Securities LLC. Company insiders that have sold MarketAxess company stock in the last year include Antonio L Delise, John Steinhardt, Kevin M Mcpherson, Nicholas Themelis, Richard M Mcvey and Stephen P Casper. View Insider Buying and Selling for MarketAxess.
Which major investors are buying MarketAxess stock?
MKTX stock was purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Ardevora Asset Management LLP, AJO LP, Wells Fargo & Company MN, FMR LLC, Raymond James & Associates, First Trust Advisors LP and BlackRock 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 $319.01.
How big of a company is MarketAxess?
MarketAxess has a market capitalization of $12.03 billion and generates $435.57 million in revenue each year. The financial services provider earns $172.85 million in net income (profit) each year or $4.57 on an earnings per share basis. MarketAxess employs 476 workers across the globe.View Additional Information About MarketAxess.
What is MarketAxess' official website?
How can I contact MarketAxess?
MarketAxess' mailing address is 55 HUDSON YARDS 15TH FLOOR, NEW YORK NY, 10001. 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.
