MarketAxess Stock Price, News & Analysis (NASDAQ:MKTX)

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

MarketAxess announced a quarterly dividend on Tuesday, July 16th. Shareholders of record on Wednesday, August 7th will be given a dividend of $0.51 per share on Wednesday, August 21st. This represents a $2.04 annualized dividend and a yield of 0.60%. The ex-dividend date is Tuesday, August 6th. View MarketAxess' Dividend History.

MarketAxess declared that its Board of Directors has initiated a share repurchase plan on Wednesday, October 25th 2017, which authorizes the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board of directors believes its stock is undervalued.

MarketAxess Holdings Inc. (NASDAQ:MKTX) announced its earnings results on Wednesday, July, 24th. The financial services provider reported $1.27 earnings per share for the quarter, missing the consensus estimate of $1.30 by $0.03. The financial services provider had revenue of $125.50 million for the quarter, compared to the consensus estimate of $126.06 million. MarketAxess had a net margin of 39.89% and a return on equity of 29.85%. The business's revenue for the quarter was up 17.4% on a year-over-year basis. During the same period last year, the business earned $1.07 earnings per share. View MarketAxess' Earnings History.

MarketAxess is scheduled to release their next quarterly earnings announcement on Wednesday, October 23rd 2019. View Earnings Estimates for MarketAxess.

MarketAxess will be holding an earnings conference call on Wednesday, October 23rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

7 analysts have issued 12-month price objectives for MarketAxess' shares. Their predictions range from $249.00 to $339.00. On average, they anticipate MarketAxess' share price to reach $300.80 in the next year. This suggests that the stock has a possible downside of 12.1%. View Analyst Price Targets for MarketAxess.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MarketAxess in the last year. There are currently 2 sell ratings and 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for MarketAxess.

Media stories about MKTX stock have been trending very negative recently, InfoTrie reports. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. MarketAxess earned a news sentiment score of -3.2 on InfoTrie's scale. They also gave news articles 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 effect on the company's share price in the near future. View News Stories for MarketAxess.

MarketAxess saw a drop in short interest in September. As of September 15th, there was short interest totalling 1,870,000 shares, a drop of 6.0% from the August 15th total of 1,990,000 shares. Based on an average daily volume of 497,000 shares, the days-to-cover ratio is presently 3.8 days. Currently, 5.1% of the company's shares are short sold. View MarketAxess' Current Options Chain.

Some companies that are related to MarketAxess include Charles Schwab (SCHW), Credit Suisse Group (CS), TD Ameritrade (AMTD), Nomura (NMR), Raymond James (RJF), SEI Investments (SEIC), Jefferies Financial Group (JEF), Stifel Financial (SF), Virtu Financial (VIRT), Navient (NAVI), Futu (FHL), Waddell & Reed Financial (WDR), Piper Jaffray Companies (PJC), Associated Capital Group (AC) and Freedom (FRHC).

Based on aggregate information from My MarketBeat watchlists, some companies that other MarketAxess investors own include AutoZone (AZO), Intuitive Surgical (ISRG), Paypal (PYPL), Starbucks (SBUX), Netflix (NFLX), NVIDIA (NVDA), Alphabet (GOOG), Alibaba Group (BABA), Johnson & Johnson (JNJ) and Visa (V).

MarketAxess' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Peregrine Capital Management LLC (0.15%), Forte Capital LLC ADV (0.11%), Gateway Investment Advisers LLC (0.07%), CIBC Private Wealth Group LLC (0.04%), Decatur Capital Management Inc. (0.04%) and State of Alaska Department of Revenue (0.03%). Company insiders that own MarketAxess stock include Antonio L Delise, David G Gomach, John Steinhardt, Kevin M Mcpherson, Nicholas Themelis, Richard Leon Prager, Richard M Mcvey 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 CIBC Private Wealth Group LLC, Pacer Advisors Inc., Peregrine Capital Management LLC, Decatur Capital Management Inc., Crossmark Global Holdings Inc., First Hawaiian Bank and Gulf International Bank UK Ltd. Company insiders that have sold MarketAxess company stock in the last year include Antonio L Delise, John Steinhardt, Kevin M Mcpherson, Nicholas Themelis, Richard M Mcvey and Stephen P Casper. View Insider Buying and Selling for MarketAxess.

MKTX stock was purchased by a variety of institutional investors in the last quarter, including Gateway Investment Advisers LLC, State of Alaska Department of Revenue, Campbell Capital Management Inc., Forte Capital LLC ADV, Polianta Ltd, Wealthfront Advisers LLC, Contravisory Investment Management Inc. and Strategic Blueprint LLC. View Insider Buying and Selling 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 $342.36.

MarketAxess has a market capitalization of $12.93 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 476 workers across the globe.View Additional Information About MarketAxess.

The official website for MarketAxess is http://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]