NASDAQ:MKTX

MarketAxess Stock Forecast, Price & News

$510.29

-7.08 (-1.37 %)

(As of 01/21/2021 12:19 PM ET)

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Today's Range

$510.02

Now: $510.29▼

$518.61

50-Day Range

$512.08

MA: $554.75▼

$590.32

52-Week Range

$275.49

Now: $510.29▼

$606.45

Volume2,531 shs

Average Volume291,951 shs

Market Capitalization$19.37 billion

P/E Ratio70.29

Dividend Yield0.47%

Beta0.41

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. investment-grade corporate bonds, emerging markets and high-yield bonds, Eurobonds, U.S. agency bonds, municipal bonds, leveraged loans, and other fixed-income securities. The company, through its Open Trading protocols, executes bond trades between and among institutional investor and broker-dealer clients in an all-to-all anonymous trading environment for corporate bonds. It also offers trading-related products and services, including Composite+ pricing and other market data products to assist clients with trading decisions; auto-execution and other execution services for clients requiring specialized workflow solutions; connectivity solutions that facilitate straight-through processing; and technology services to optimize trading environments. In addition, the company offers a range of pre-and post-trade services, such as 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.

MarketRank^™

Overall MarketRank^™

1.72 out of 5 stars

Finance Sector

472nd out of 1,942 stocks

Security Brokers & Dealers Industry

14th out of 48 stocks

2.2 Analyst's Opinion

Consensus Rating
MarketAxess has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 4 buy ratings, 6 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $501.80, MarketAxess has a forecasted downside of 2.5% from its current price of $514.48.
Amount of Analyst Coverage
MarketAxess has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.8 Community Rank

Outperform Votes
MarketAxess has received 306 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
MarketAxess has received 550 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
MarketAxess has received 64.25% “underperform” votes from our community.

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.

1.7 Dividend Strength

Dividend Yield
MarketAxess has a dividend yield of 0.47%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
MarketAxess does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of MarketAxess is 44.44%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, MarketAxess will have a dividend payout ratio of 28.40% next year. This indicates that MarketAxess will be able to sustain or increase its dividend.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In 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 $38,841,565.00 in company stock.
Percentage Held by Insiders
Only 3.05% of the stock of MarketAxess is held by insiders.
Percentage Held by Institutions
90.76% of the stock of MarketAxess is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for MarketAxess are expected to grow by 9.03% in the coming year, from $7.75 to $8.45 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of MarketAxess is 70.87, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.89.
Price to Earnings Ratio vs. Sector
The P/E ratio of MarketAxess is 70.87, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 22.00.
Price to Book Value per Share Ratio
MarketAxess has a P/B Ratio of 25.23. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Security brokers & dealers

Sub-IndustrySpecialized Finance

SectorFinance

Current SymbolNASDAQ:MKTX

Previous Symbol

CUSIP57060D10

CIK1278021

Webwww.marketaxess.com

Phone212-813-6000

Employees599

Debt

Debt-to-Equity RatioN/A

Current Ratio3.46

Quick Ratio3.46

Price-To-Earnings

Trailing P/E Ratio70.29

Forward P/E Ratio65.84

P/E GrowthN/A

Sales & Book Value

Annual Sales$511.35 million

Price / Sales37.88

Cash Flow$5.98 per share

Price / Cash Flow85.29

Book Value$20.39 per share

Price / Book25.03

Profitability

EPS (Most Recent Fiscal Year)$5.40

Net Income$204.90 million

Net Margins42.73%

Return on Equity33.35%

Return on Assets26.26%

Miscellaneous

Outstanding Shares37,963,000

Market Cap$19.37 billion

Next Earnings Date1/27/2021 (Confirmed)

OptionableOptionable

$510.29

-7.08 (-1.37 %)

(As of 01/21/2021 12:19 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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MarketAxess (NASDAQ:MKTX) Frequently Asked Questions

How has MarketAxess' stock been impacted by Coronavirus (COVID-19)?

MarketAxess' stock was trading at $333.65 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MKTX shares have increased by 52.9% and is now trading at $510.29.
View which stocks have been most impacted by COVID-19.

Is MarketAxess a buy right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MarketAxess in the last year. There are currently 6 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" MarketAxess stock. 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 analyst ratings for MarketAxess or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than MarketAxess?

Wall Street analysts have given MarketAxess a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but MarketAxess wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Doug Parker's approval rating as MarketAxess' CEO?

1,428 employees have rated MarketAxess CEO Doug Parker on Glassdoor.com. Doug Parker has an approval rating of 59% among MarketAxess' employees. This puts Doug Parker in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

When is MarketAxess' next earnings date?

MarketAxess is scheduled to release its next quarterly earnings announcement on Wednesday, January 27th 2021.
View our earnings forecast for MarketAxess.

How can I listen to MarketAxess' earnings call?

MarketAxess will be holding an earnings conference call on Wednesday, January 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were MarketAxess' earnings last quarter?

MarketAxess Holdings Inc. (NASDAQ:MKTX) issued its quarterly earnings data on Tuesday, October, 27th. The financial services provider reported $1.78 EPS for the quarter, beating the Zacks' consensus estimate of $1.74 by $0.04. The financial services provider earned $164 million during the quarter, compared to the consensus estimate of $138.13 million. MarketAxess had a net margin of 42.73% and a return on equity of 33.35%. The company's revenue was up 24.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.42 earnings per share.
View MarketAxess' earnings history.

How often does MarketAxess pay dividends? What is the dividend yield for MarketAxess?

MarketAxess announced a quarterly dividend on Wednesday, October 28th. Shareholders of record on Wednesday, November 11th will be given a dividend of $0.60 per share on Wednesday, November 25th. This represents a $2.40 annualized dividend and a dividend yield of 0.47%. The ex-dividend date of this dividend is Monday, November 9th.
View MarketAxess' dividend history.

Is MarketAxess a good dividend stock?

MarketAxess pays an annual dividend of $2.40 per share and currently has a dividend yield of 0.47%. The dividend payout ratio of MarketAxess is 44.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MarketAxess will have a dividend payout ratio of 28.40% next year. This indicates that MarketAxess will be able to sustain or increase its dividend.
View MarketAxess' dividend history.

What price target have analysts set for MKTX?

10 analysts have issued 1 year price objectives for MarketAxess' shares. Their forecasts range from $315.00 to $631.00. On average, they expect MarketAxess' share price to reach $501.80 in the next twelve months. This suggests that the stock has a possible downside of 1.7%.
View analysts' price targets for MarketAxess or view Wall Street analyst' top-rated stocks.

Who are some of MarketAxess' key competitors?

Some companies that are related to MarketAxess include CME Group (CME), Intercontinental Exchange (ICE), Moody's (MCO), MSCI (MSCI), Interactive Brokers Group (IBKR), Nasdaq (NDAQ), Cboe Global Markets (CBOE), Arrow Financial (AROW), California First National Bancorp (CFNB) and Marlin Business Services (MRLN).
View all of MKTX's competitors.

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).

Who are MarketAxess' key executives?

MarketAxess' management team includes the following people:

Mr. Richard Mitchell McVey, Chairman & CEO (Age 60, Pay $507k)
Mr. Christopher R. Concannon, Pres, COO & Director (Age 52, Pay $2.01M)
Mr. Antonio Louis DeLise, Chief Financial Officer (Age 58, Pay $1.18M)
Mr. Nicholas Themelis, Chief Information Officer (Age 56, Pay $1.51M)
Mr. Kevin M. McPherson, Global Head of Sales (Age 49, Pay $1.41M)
Mr. Michael Baker, Chief Technology Officer
Mr. David Cresci, Investor Relations Mang.
Mr. Scott Pintoff, Gen. Counsel & Corp. Sec. (Age 49)
Ms. Mary Sedarat, Global Head of Marketing & Communications
Ms. Cordelia M. Boise, Head of HR (Age 54)

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 institutional and retail investors. Top institutional shareholders include Ardevora Asset Management LLP (0.27%), Peregrine Capital Management LLC (0.19%), Forte Capital LLC ADV (0.11%), State of Alaska Department of Revenue (0.07%), Scout Investments Inc. (0.05%) and Crossmark Global Holdings Inc. (0.02%). Company insiders that own MarketAxess stock include Antonio L Delise, Christophe Pierre Danie Roupie, John Steinhardt, Kevin M Mcpherson, Nicholas Themelis, Richard Leon Prager, Richard M Mcvey, Scott Pintoff and Stephen P Casper.
View institutional ownership trends for MarketAxess.

Which institutional investors are selling MarketAxess stock?

MKTX stock was sold by a variety of institutional investors in the last quarter, including TrimTabs Asset Management LLC, State of Alaska Department of Revenue, Scout Investments Inc., Kovack Advisors Inc., OLD National Bancorp IN, Pacer Advisors Inc., and Exchange Traded Concepts LLC. Company insiders that have sold MarketAxess company stock in the last year include Antonio L Delise, Christophe Pierre Danie Roupie, Kevin M Mcpherson, Nicholas Themelis, Richard M Mcvey, Scott Pintoff, and Stephen P Casper.
View insider buying and selling activity for MarketAxess or view top insider-selling stocks.

Which institutional investors are buying MarketAxess stock?

MKTX stock was purchased by a variety of institutional investors in the last quarter, including Ardevora Asset Management LLP, Peregrine Capital Management LLC, First Citizens Bank & Trust Co., Crossmark Global Holdings Inc., First Hawaiian Bank, Strategic Investment Advisors MI, Forte Capital LLC ADV, and IFM Investors Pty Ltd.
View insider buying and selling activity for MarketAxess or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is MarketAxess' stock price today?

One share of MKTX stock can currently be purchased for approximately $510.29.

How big of a company is MarketAxess?

MarketAxess has a market capitalization of $19.37 billion and generates $511.35 million in revenue each year. The financial services provider earns $204.90 million in net income (profit) each year or $5.40 on an earnings per share basis. MarketAxess employs 599 workers across the globe.

What is MarketAxess' official website?

The official website for MarketAxess is www.marketaxess.com.

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]

This page was last updated on 1/21/2021 by MarketBeat.com Staff

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