NASDAQ:MKTXMarketAxess Stock Price, Forecast & News

MarketAxess' stock was trading at $333.65 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MKTX shares have increased by 56.2% and is now trading at $521.11. View which stocks have been most impacted by Coronavirus.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MarketAxess in the last year. There are currently 1 sell rating, 7 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for MarketAxess.

MarketAxess is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for MarketAxess.

MarketAxess Holdings Inc. (NASDAQ:MKTX) posted its quarterly earnings data on Wednesday, April, 29th. The financial services provider reported $1.96 EPS for the quarter, beating the consensus estimate of $1.90 by $0.06. The financial services provider earned $169 million during the quarter, compared to analysts' expectations of $139.03 million. MarketAxess had a return on equity of 31.08% and a net margin of 40.87%. The company's revenue for the quarter was up 35.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.39 EPS. View MarketAxess' earnings history.

MarketAxess announced a quarterly dividend on Wednesday, April 29th. Investors of record on Wednesday, May 13th will be paid a dividend of $0.60 per share on Wednesday, May 27th. This represents a $2.40 annualized dividend and a dividend yield of 0.46%. The ex-dividend date of this dividend is Tuesday, May 12th. View MarketAxess' dividend history.

10 brokerages have issued 1-year price objectives for MarketAxess' stock. Their forecasts range from $249.00 to $503.00. On average, they expect MarketAxess' share price to reach $370.29 in the next year. This suggests that the stock has a possible downside of 28.9%. View analysts' price targets for MarketAxess.

News articles about MKTX stock have trended very positive this week, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. MarketAxess earned a media sentiment score of 3.4 on InfoTrie's scale. They also assigned headlines 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 company's share price in the near future. View the latest news aboutMarketAxess.

MarketAxess saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 834,800 shares, a decrease of 10.4% from the April 30th total of 932,000 shares. Based on an average trading volume of 340,400 shares, the days-to-cover ratio is presently 2.5 days. Approximately 2.3% of the shares of the company are sold short. View MarketAxess' Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other MarketAxess investors own include Netflix (NFLX), NVIDIA (NVDA), Alibaba Group (BABA), Advanced Micro Devices (AMD), Adobe (ADBE), Vertex Pharmaceuticals (VRTX), Paypal (PYPL), Verizon Communications (VZ), JPMorgan Chase & Co. (JPM) and Walt Disney (DIS).

MarketAxess trades on the NASDAQ under the ticker symbol "MKTX."

MarketAxess' stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (8.84%), Baillie Gifford & Co. (5.56%), State Street Corp (4.54%), JPMorgan Chase & Co. (4.11%), Wells Fargo & Company MN (2.47%) and Geode Capital Management LLC (2.12%). 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.

MKTX stock was sold by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., Capital World Investors, Janus Henderson Group PLC, Primecap Management Co. CA, Invesco Ltd., Mitsubishi UFJ Trust & Banking Corp, Wellington Management Group LLP, and Geode Capital Management 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.

MKTX stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Wells Fargo & Company MN, Banco Santander S.A., The Manufacturers Life Insurance Company , Sumitomo Mitsui Trust Holdings Inc., BlackRock Inc., GUARDCAP ASSET MANAGEMENT Ltd, and Baird Financial Group Inc.. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of MKTX stock can currently be purchased for approximately $521.11.

MarketAxess has a market capitalization of $19.76 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 476 workers across the globe.

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

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]