NASDAQ:MKTX

MarketAxess Stock Forecast, Price & News

$523.25
-5.87 (-1.11 %)
(As of 04/21/2021 03:59 PM ET)
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Today's Range
$519.71
Now: $523.25
$534.17
50-Day Range
$484.93
MA: $521.50
$579.07
52-Week Range
$407.97
Now: $523.25
$606.45
Volume6,815 shs
Average Volume277,488 shs
Market Capitalization$19.88 billion
P/E Ratio72.07
Dividend Yield0.49%
Beta0.41
MarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer firms worldwide. It offers the access to global liquidity in U.S. investment-grade bonds, U.S. high-yield bonds, U.S. Treasuries, municipal bonds, emerging market debt, Eurobonds, 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 for corporate bonds. 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 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 incorporated in 2000 and is headquartered in New York, New York.
MarketAxess logo

Industry, Sector and Symbol

Industry Security brokers & dealers
Sub-IndustrySpecialized Finance
SectorFinance
Current SymbolNASDAQ:MKTX
CUSIP57060D10
Phone212-813-6000
Employees606
Year Founded2000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$511.35 million
Cash Flow$6.13 per share
Book Value$20.39 per share

Profitability

Net Income$204.90 million

Miscellaneous

Market Cap$19.88 billion
Next Earnings Date4/22/2021 (Confirmed)
OptionableOptionable

Headlines

MarketAxess Q1 2021 Earnings Preview - Seeking Alpha
April 21, 2021 |  seekingalpha.com
MarketAxess (NASDAQ:MKTX) PT Lowered to $545.00
April 13, 2021 |  americanbankingnews.com
MarketAxess (NASDAQ:MKTX) PT Lowered to $595.00
April 13, 2021 |  americanbankingnews.com
MarketAxess Completes Acquisition of MuniBrokers
April 12, 2021 |  finance.yahoo.com
Is MKTX Stock A Buy or Sell?
April 7, 2021 |  finance.yahoo.com
See More Headlines

MarketRank

Overall MarketRank

1.71 out of 5 stars

Finance Sector

438th out of 1,951 stocks

Security Brokers & Dealers Industry

13th out of 47 stocks

Analyst Opinion: 2.2Community Rank: 1.8Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
$523.25
-5.87 (-1.11 %)
(As of 04/21/2021 03:59 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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MarketAxess (NASDAQ:MKTX) Frequently Asked Questions

Is MarketAxess a buy right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MarketAxess in the last twelve months. There are currently 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" MarketAxess stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MKTX, but not buy additional shares or sell existing shares.
View analyst ratings for MarketAxess
or view top-rated stocks.

What stocks does MarketBeat like better than MarketAxess?

Wall Street analysts have given MarketAxess a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but MarketAxess wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is MarketAxess' next earnings date?

MarketAxess is scheduled to release its next quarterly earnings announcement on Thursday, April 22nd 2021.
View our earnings forecast for MarketAxess
.

How can I listen to MarketAxess' earnings call?

MarketAxess will be holding an earnings conference call on Wednesday, April 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were MarketAxess' earnings last quarter?

MarketAxess Holdings Inc. (NASDAQ:MKTX) released its quarterly earnings data on Wednesday, January, 27th. The financial services provider reported $1.91 earnings per share for the quarter, beating the consensus estimate of $1.84 by $0.07. The financial services provider earned $171.35 million during the quarter, compared to the consensus estimate of $141.27 million. MarketAxess had a trailing twelve-month return on equity of 33.35% and a net margin of 42.73%. The firm's revenue was up 32.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.32 EPS.
View MarketAxess' earnings history
.

How has MarketAxess' stock price been impacted by COVID-19?

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 $521.12.
View which stocks have been most impacted by COVID-19
.

How often does MarketAxess pay dividends? What is the dividend yield for MarketAxess?

MarketAxess declared a quarterly dividend on Wednesday, January 27th. Investors of record on Wednesday, February 10th will be given a dividend of $0.66 per share on Wednesday, February 24th. This represents a $2.64 annualized dividend and a dividend yield of 0.51%. The ex-dividend date is Tuesday, February 9th. This is an increase from MarketAxess's previous quarterly dividend of $0.60.
View MarketAxess' dividend history
.

Is MarketAxess a good dividend stock?

MarketAxess pays an annual dividend of $2.64 per share and currently has a dividend yield of 0.49%. MarketAxess does not yet have a strock track record of dividend growth. The dividend payout ratio of MarketAxess is 48.89%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MarketAxess will have a dividend payout ratio of 31.24% next year. This indicates that MarketAxess will be able to sustain or increase its dividend.
View MarketAxess' dividend history.

What price target have analysts set for MKTX?

9 brokerages have issued twelve-month price objectives for MarketAxess' stock. Their forecasts range from $492.00 to $631.00. On average, they expect MarketAxess' stock price to reach $572.00 in the next year. This suggests a possible upside of 9.8% from the stock's current price.
View analysts' price targets for MarketAxess
or view top-rated stocks among Wall Street analysts.

Who are MarketAxess' key executives?

MarketAxess' management team includes the following people:
  • Mr. Richard Mitchell McVey, Chairman & CEO (Age 61, Pay $507k)
  • Mr. Christopher R. Concannon, Pres, COO & Director (Age 53, Pay $2.01M)
  • Mr. Antonio Louis DeLise, Chief Financial Officer (Age 59, Pay $1.18M)
  • Mr. Nicholas Themelis, Chief Information Officer (Age 57, Pay $1.51M)
  • Mr. Kevin M. McPherson, Global Head of Sales (Age 50, Pay $1.41M)
  • Mr. Michael Baker, Chief Technology Officer
  • Mr. David Cresci, Investor Relations Mang.
  • Mr. Scott Pintoff, Gen. Counsel & Corp. Sec. (Age 50)
  • Ms. Mary Sedarat, Global Head of Marketing & Communications
  • Ms. Cordelia M. Boise, Head of HR (Age 55)

What is Rick McVey's approval rating as MarketAxess' CEO?

41 employees have rated MarketAxess CEO Rick McVey on Glassdoor.com. Rick McVey has an approval rating of 96% among MarketAxess' employees. This puts Rick McVey in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

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 NVIDIA (NVDA), PayPal (PYPL), Visa (V), Netflix (NFLX), Advanced Micro Devices (AMD), Broadcom (AVGO), Intel (INTC), Johnson & Johnson (JNJ), Mastercard (MA) and Adobe (ADBE).

What is MarketAxess' stock symbol?

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

Who are MarketAxess' major shareholders?

MarketAxess' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Retirement Systems of Alabama (0.07%), State of Alaska Department of Revenue (0.06%), Scout Investments Inc. (0.04%), Royal London Asset Management Ltd. (0.04%), Oregon Public Employees Retirement Fund (0.03%) and EFG Asset Management Americas Corp. (0.02%). Company insiders that own MarketAxess stock include Antonio L Delise, Christophe Pierre Danie Roupie, Kevin M Mcpherson, Nicholas Themelis, Richard Leon Prager, Richard M Mcvey, Scott Pintoff and Stephen P Casper.
View institutional ownership trends for MarketAxess
.

Which institutional investors are selling MarketAxess stock?

MKTX stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc., State of Alaska Department of Revenue, Retirement Systems of Alabama, Crossmark Global Holdings Inc., NEXT Financial Group Inc, HMS Capital Management LLC, Pacer Advisors Inc., and Pinnacle Financial Partners Inc.. 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
or view top insider-selling stocks.

Which institutional investors are buying MarketAxess stock?

MKTX stock was purchased by a variety of institutional investors in the last quarter, including Central Bank & Trust Co., Systematic Alpha Investments LLC, Everence Capital Management Inc., New England Research & Management Inc., Signature Estate & Investment Advisors LLC, EFG Asset Management Americas Corp., Royal London Asset Management Ltd., and Oregon Public Employees Retirement Fund.
View insider buying and selling activity for MarketAxess
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is MarketAxess' stock price today?

One share of MKTX stock can currently be purchased for approximately $521.12.

How much money does MarketAxess make?

MarketAxess has a market capitalization of $19.80 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.

How many employees does MarketAxess have?

MarketAxess employs 606 workers across the globe.

When was MarketAxess founded?

MarketAxess was founded in 2000.

What is MarketAxess' official website?

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

Where are MarketAxess' headquarters?

MarketAxess is headquartered at 55 HUDSON YARDS 15TH FLOOR, NEW YORK NY, 10001.

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 4/21/2021 by MarketBeat.com Staff
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