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

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$235.62 -2.02 (-0.85 %)
(As of 03/20/2019 03:39 AM ET)
Previous Close$237.64
Today's Range$234.98 - $238.47
52-Week Range$172.09 - $246.14
Volume137,866 shs
Average Volume259,748 shs
Market Capitalization$9.56 billion
P/E Ratio51.56
Dividend Yield0.86%
Beta0.2
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.

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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$5.2605 per share
Book Value$16.17 per share

Profitability

Net Income$172.85 million

Miscellaneous

EmployeesN/A
Market Cap$9.56 billion
Next Earnings Date4/24/2019 (Estimated)
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. Investors of record on Wednesday, February 13th will be paid a dividend of $0.51 per share on Wednesday, February 27th. This represents a $2.04 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date of this dividend is Tuesday, February 12th. This is a boost 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 share buyback program on Wednesday, October 25th 2017, which permits the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company's leadership believes its shares are undervalued.

How were MarketAxess' earnings last quarter?

MarketAxess Holdings Inc. (NASDAQ:MKTX) released its quarterly earnings data on Wednesday, January, 30th. The financial services provider reported $1.21 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.15 by $0.06. The financial services provider had revenue of $112.44 million for the quarter, compared to analysts' expectations of $112.37 million. MarketAxess had a return on equity of 30.31% and a net margin of 39.69%. The business's quarterly revenue was up 14.1% compared to the same quarter last year. During the same period in the previous year, the company 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 twelve-month price targets for MarketAxess' stock. Their forecasts range from $198.00 to $219.00. On average, they expect MarketAxess' share price to reach $209.40 in the next twelve months. This suggests that the stock has a possible downside of 11.1%. 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?

News articles about MKTX stock have trended negative recently, InfoTrie reports. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. MarketAxess earned a news impact score of -2.0 on InfoTrie's scale. They also gave 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 next few days.

Who are some of MarketAxess' key 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 AutoZone (AZO), Starbucks (SBUX), Intuitive Surgical (ISRG), NVIDIA (NVDA), Paypal (PYPL), Alphabet (GOOG), Micron Technology (MU), Netflix (NFLX), Alibaba Group (BABA) and Visa (V).

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%), American Century Companies Inc. (1.90%), Ownership Capital B.V. (1.14%) and Geode Capital Management LLC (1.09%). 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, FMR LLC, Bank of America Corp DE, Victory Capital Management Inc., Rothschild & Co. Asset Management US Inc. and Bank of New York Mellon Corp. 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 acquired by a variety of institutional investors in the last quarter, including Norges Bank, Baillie Gifford & Co., Eagle Asset Management Inc., Ownership Capital B.V., Scout Investments Inc., KAMES CAPITAL plc, Bahl & Gaynor Inc. and American Century Companies Inc.. 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 $235.62.

How big of a company is MarketAxess?

MarketAxess has a market capitalization of $9.56 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.

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, NEW YORK NY, 10001. 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:  1.8 out of 5 (star)
Outperform Votes:  231 (Vote Outperform)
Underperform Votes:  422 (Vote Underperform)
Total Votes:  653
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 3/20/2019 by MarketBeat.com Staff

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