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
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
Employees429
Next Earnings Date4/24/2019 (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 declared a quarterly dividend on Thursday, January 31st. Shareholders of record on Wednesday, February 13th will be given a dividend of $0.51 per share on Wednesday, February 27th. This represents a $2.04 annualized dividend and a yield of 0.85%. The ex-dividend date is Tuesday, February 12th. This is a boost from MarketAxess's previous quarterly dividend of $0.42. View MarketAxess' Dividend History.
How will MarketAxess' stock buyback program work?
MarketAxess announced that its board has approved a stock repurchase plan on Wednesday, October 25th 2017, which permits the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company's board of directors believes its stock is undervalued.
How were MarketAxess' earnings last quarter?
MarketAxess Holdings Inc. (NASDAQ:MKTX) released its quarterly earnings results on Wednesday, January, 30th. The financial services provider reported $1.21 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.15 by $0.06. The financial services provider earned $112.44 million during the quarter, compared to analyst estimates of $112.37 million. MarketAxess had a return on equity of 30.31% and a net margin of 39.69%. The business's revenue was up 14.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.88 EPS. View MarketAxess' Earnings History.
When is MarketAxess' next earnings date?
What price target have analysts set for MKTX?
7 brokerages have issued 12 month price objectives for MarketAxess' shares. Their predictions range from $198.00 to $219.00. On average, they expect MarketAxess' stock price to reach $209.40 in the next year. This suggests that the stock has a possible downside of 12.4%. 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 1 sell rating and 6 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 negative on Saturday, according to InfoTrie. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. MarketAxess earned a news sentiment score of -2.1 on InfoTrie's scale. They also gave press coverage about the financial services provider a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future.
Who are some of MarketAxess' key competitors?
Some companies that are related to MarketAxess include TD Ameritrade (AMTD), Credit Suisse Group (CS), Nomura (NMR), Raymond James (RJF), SEI Investments (SEIC), Virtu Financial (VIRT), Stifel Financial (SF), Navient (NAVI), Waddell & Reed Financial (WDR), Wisdom Tree Investments (WETF), Piper Jaffray Companies (PJC), Investment Technology Group (ITG), Associated Capital Group (AC), Gamco Investors (GBL) 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 many different of retail and institutional investors. Top institutional shareholders include Baillie Gifford & Co. (10.69%), BlackRock Inc. (9.26%), Kayne Anderson Rudnick Investment Management LLC (4.67%), Ownership Capital B.V. (1.14%), Geode Capital Management LLC (1.09%) and Bank of New York Mellon Corp (1.08%). 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 Public Employees Retirement Association of Colorado, Kayne Anderson Rudnick Investment Management LLC, New York State Common Retirement Fund, Bank of America Corp DE, Victory Capital Management Inc., Rothschild & Co. Asset Management US Inc., Bank of New York Mellon Corp and California Public Employees Retirement System. Company insiders that have sold MarketAxess company stock in the last year include Antonio L Delise, David G Gomach, John Steinhardt, 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 bought by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., Eagle Asset Management Inc., Ownership Capital B.V., Scout Investments Inc., KAMES CAPITAL plc, Bahl & Gaynor Inc., Millennium Management LLC and Rhumbline Advisers. 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 $238.97.
How big of a company is MarketAxess?
MarketAxess has a market capitalization of $9.70 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 429 workers across the globe.
What is MarketAxess' official website?
How can I contact MarketAxess?
MarketAxess' mailing address is 55 HUDSON YARDS, 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.
