NASDAQ:MKTXMarketAxess Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding MarketAxess Holdings Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $387.27 +39.98 (+11.51 %) (As of 04/3/2020 04:00 PM ET) Add Compare Share Today's Range$343.35Now: $387.27▼$389.1450-Day Range$281.31MA: $337.86▼$377.5352-Week Range$241.12Now: $387.27▼$421.45Volume441,106 shsAverage Volume409,621 shsMarket Capitalization$14.69 billionP/E Ratio71.72Dividend Yield0.69%Beta0.26 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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. agency bonds, municipal bonds, leveraged loans, credit default swaps, 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 in which it acts as the matched principal counterparty. 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, through its Trax division, 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.Read More Beat the Market (BTM) Rank™ 2.1 Analyst's Opinion Consensus RatingMarketAxess has received a consensus rating of Hold. The company's average rating score is 2.10, and is based on 2 buy ratings, 7 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $338.43, MarketAxess has a potential downside of 12.6% from its current price of $387.27.Amount of Analyst CoverageMarketAxess has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.8 Community Rank Outperform VotesMarketAxess has received 295 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMarketAxess has received 521 “underperform” votes. (Add your “underperform” vote.)Community SentimentMarketAxess has received 63.85% “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. Previous Next 4.2 Dividend Strength Dividend LeadershipMarketAxess is a leading dividend payer. It pays a dividend yield of 0.69%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthMarketAxess has been increasing its dividend for 9 years.Dividend CoverageThe dividend payout ratio of MarketAxess is 44.44 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, MarketAxess will have a dividend payout ratio of 34.88 % next year. This indicates that MarketAxess will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn 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 $1,027,260.00 in company stock.Percentage Held by InsidersOnly 3.28% of the stock of MarketAxess is held by insiders.Percentage Held by Institutions96.46% of the stock of MarketAxess is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for MarketAxess are expected to grow by 12.23% in the coming year, from $6.13 to $6.88 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MarketAxess is 71.72, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 11.15.Price to Earnings Ratio vs. SectorThe P/E ratio of MarketAxess is 71.72, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 11.43.Price to Book Value per Share RatioMarketAxess has a P/B Ratio of 18.99. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.1Community Rank: 1.8Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.93 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Security brokers & dealers Sub-IndustrySpecialized Finance SectorFinance Current SymbolNASDAQ:MKTX Previous Symbol CUSIP57060D10 CIK1278021 Webhttp://www.marketaxess.com/ Phone212-813-6000Debt Debt-to-Equity Ratio0.13 Current Ratio6.83 Quick Ratio6.83Price-To-Earnings Trailing P/E Ratio71.72 Forward P/E Ratio63.18 P/E GrowthN/A Sales & Book Value Annual Sales$511.35 million Price / Sales28.72 Cash Flow$7.01 per share Price / Cash Flow55.23 Book Value$20.39 per share Price / Book18.99Profitability EPS (Most Recent Fiscal Year)$5.40 Net Income$204.90 million Net Margins40.07% Return on Equity29.72% Return on Assets24.13%Miscellaneous Employees476 Outstanding Shares37,920,000Market Cap$14.69 billion Next Earnings Date4/29/2020 (Confirmed) OptionableOptionable Receive MKTX News and Ratings via Email Sign-up to receive the latest news and ratings for MKTX and its competitors with MarketBeat's FREE daily newsletter. NASDAQ:MKTX Rates by TradingView MarketAxess (NASDAQ:MKTX) Frequently Asked Questions How has MarketAxess' stock been impacted by COVID-19 (Coronavirus)? MarketAxess' stock was trading at $333.65 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MKTX stock has increased by 16.1% and is now trading at $387.27. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of MarketAxess? 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. When is MarketAxess' next earnings date? MarketAxess is scheduled to release its next quarterly earnings announcement on Wednesday, April 29th 2020. View our earnings forecast for MarketAxess. How were MarketAxess' earnings last quarter? MarketAxess Holdings Inc. (NASDAQ:MKTX) posted its quarterly earnings results on Wednesday, January, 29th. The financial services provider reported $1.32 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.30 by $0.02. The financial services provider earned $129.80 million during the quarter, compared to analyst estimates of $127.67 million. MarketAxess had a net margin of 40.07% and a return on equity of 29.72%. The firm's revenue for the quarter was up 15.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.21 earnings per share. View MarketAxess' earnings history. How often does MarketAxess pay dividends? What is the dividend yield for MarketAxess? MarketAxess declared a quarterly dividend on Thursday, January 30th. Shareholders of record on Wednesday, February 12th will be given a dividend of $0.60 per share on Wednesday, February 26th. This represents a $2.40 annualized dividend and a yield of 0.62%. The ex-dividend date is Tuesday, February 11th. This is a positive change from MarketAxess's previous quarterly dividend of $0.51. View MarketAxess' dividend history. What price target have analysts set for MKTX? 10 brokers have issued 1 year price targets for MarketAxess' stock. Their forecasts range from $249.00 to $382.00. On average, they expect MarketAxess' share price to reach $338.43 in the next year. This suggests that the stock has a possible downside of 12.6%. View analysts' price targets for MarketAxess. Has MarketAxess been receiving favorable news coverage? Press coverage about MKTX stock has trended very negative recently, InfoTrie Sentiment reports. The research firm rates the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. 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 news impact score of -3.3 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutMarketAxess. Are investors shorting MarketAxess? MarketAxess saw a decrease in short interest in the month of March. As of March 13th, there was short interest totaling 1,026,600 shares, a decrease of 20.4% from the February 27th total of 1,290,000 shares. Based on an average daily volume of 379,300 shares, the days-to-cover ratio is presently 2.7 days. Approximately 2.8% of the company's shares are short sold. View MarketAxess' Current Options Chain. 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), Gain Capital (GCAP), California First National Bancorp (CFNB) and Marlin Business Services (MRLN). 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), Alibaba Group (BABA), Walt Disney (DIS), Intuitive Surgical (ISRG), Netflix (NFLX), Paypal (PYPL), Mastercard (MA), Visa (V), AutoZone (AZO) and UnitedHealth Group (UNH). Who are MarketAxess' key executives? MarketAxess' management team includes the following 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) What is MarketAxess' stock symbol? MarketAxess trades on the NASDAQ under the ticker symbol "MKTX." 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, Robinhood, Fidelity, and Charles Schwab. What is MarketAxess' stock price today? One share of MKTX stock can currently be purchased for approximately $387.27. How big of a company is MarketAxess? MarketAxess has a market capitalization of $14.69 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. View additional information about MarketAxess. What is MarketAxess' official website? The official website for MarketAxess is http://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 4/4/2020 by MarketBeat.com StaffFeatured Article: What is the price-sales ratio?
