NASDAQ:MKTX - MarketAxess Stock Price, News, & Analysis

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$229.51 +2.75 (+1.21 %)
(As of 02/18/2019 01:10 PM ET)
Previous Close$226.76
Today's Range$224.87 - $229.8950
52-Week Range$172.09 - $231.33
Volume382,850 shs
Average Volume256,370 shs
Market Capitalization$8.63 billion
P/E Ratio50.22
Dividend Yield0.90%
Beta0.11
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.

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Industry, Sector and Symbol

Industry Security brokers & dealers
Sub-IndustrySpecialized Finance
SectorFinance
Current SymbolNASDAQ:MKTX
CUSIP57060D10
Phone212-813-6000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$435.57 million
Cash Flow$5.2412 per share
Book Value$16.17 per share

Profitability

Net Income$172.85 million

Miscellaneous

Employees429
Market Cap$8.63 billion
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 0.89%. The ex-dividend date of this dividend is Tuesday, February 12th. This is an increase 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 of Directors has approved a stock repurchase program on Wednesday, October 25th 2017, which allows the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company's board believes its shares are undervalued.

How were MarketAxess' earnings last quarter?

MarketAxess Holdings Inc. (NASDAQ:MKTX) released its earnings results on Wednesday, January, 30th. The financial services provider reported $1.21 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.15 by $0.06. The financial services provider earned $112.44 million during the quarter, compared to the consensus estimate of $112.37 million. MarketAxess had a net margin of 39.69% and a return on equity of 30.31%. MarketAxess's revenue for the quarter was up 14.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.88 EPS. View MarketAxess' Earnings History.

When is MarketAxess' next earnings date?

MarketAxess is scheduled to release their next quarterly earnings announcement on Wednesday, April 24th 2019. View Earnings Estimates for MarketAxess.

What price target have analysts set for MKTX?

7 Wall Street analysts have issued 12 month price targets for MarketAxess' stock. 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 8.8%. 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?

Headlines about MKTX stock have been trending somewhat positive this week, according to InfoTrie. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. MarketAxess earned a coverage optimism score of 1.6 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near term.

Who are some of MarketAxess' key competitors?

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 investors 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 purchased 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 $229.51.

How big of a company is MarketAxess?

MarketAxess has a market capitalization of $8.63 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?

The official website for MarketAxess is http://www.marketaxess.com.

How can I contact MarketAxess?

MarketAxess' mailing address is 299 PARK AVENUE 10TH FLOOR, NEW YORK NY, 10171. 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)

Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  224 (Vote Outperform)
Underperform Votes:  420 (Vote Underperform)
Total Votes:  644
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.
This page was last updated on 2/18/2019 by MarketBeat.com Staff

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