NASDAQ:MKTX - MarketAxess Stock Price, Price Target & More

Sign in or create an account to add this stock to your watchlist.
$211.59 -0.10 (-0.05 %)
(As of 06/22/2018 03:31 PM ET)
Previous Close$212.85
Today's Range$210.28 - $213.27
52-Week Range$171.45 - $229.84
Volume2,229 shs
Average Volume159,188 shs
Market Capitalization$7.93 billion
P/E Ratio54.00
Dividend Yield0.79%
Beta0.58
MarketAxess logoMarketAxess 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 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, credit default swaps, and other fixed-income securities. The company, through its Open Trading protocol, executes trades in certain bonds between and among institutional investor and broker-dealer clients in an all-to-all trading environment on a matched principal basis. It also offers trading-related products and services, including market data to assist clients with trading decisions; connectivity solutions that facilitate straight-through processing; technology services to optimize trading environments; and execution services for exchange-traded fund managers and other clients. In addition, the company, through its Trax division, offers a range of pre-and post-trade services, including 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.

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.

Industry, Sector and Symbol

Industry Security brokers & dealers
Sub-IndustrySpecialized Finance
SectorFinance
SymbolNASDAQ:MKTX
CUSIP57060D10
Phone212-831-6000

Debt

Debt-to-Equity RatioN/A
Current Ratio9.33
Quick Ratio9.33

Price-To-Earnings

Trailing P/E Ratio54.00
Forward P/E Ratio47.12
P/E GrowthN/A

Sales & Book Value

Annual Sales$397.47 million
Price / Sales19.82
Cash Flow$4.4358 per share
Price / Cash47.70
Book Value$13.71 per share
Price / Book15.43

Profitability

EPS (Most Recent Fiscal Year)$3.90
Net Income$148.08 million
Net Margins37.61%
Return on Equity29.82%
Return on Assets27.00%

Miscellaneous

Employees429
Outstanding Shares37,240,000

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, April 26th. Shareholders of record on Wednesday, May 9th will be paid a dividend of $0.42 per share on Wednesday, May 23rd. This represents a $1.68 annualized dividend and a yield of 0.79%. The ex-dividend date of this dividend is Tuesday, May 8th. View MarketAxess' Dividend History.

How will MarketAxess' stock buyback program work?

MarketAxess announced that its board has approved a stock repurchase program on Wednesday, October 25th 2017, which permits the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board of directors believes its shares are undervalued.

How were MarketAxess' earnings last quarter?

MarketAxess Holdings Inc. (NASDAQ:MKTX) announced its quarterly earnings data on Wednesday, April, 25th. The financial services provider reported $1.27 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.22 by $0.05. The financial services provider had revenue of $114.71 million for the quarter, compared to analyst estimates of $114.45 million. MarketAxess had a net margin of 37.61% and a return on equity of 29.82%. MarketAxess's quarterly revenue was up 11.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.11 EPS. View MarketAxess' Earnings History.

When is MarketAxess' next earnings date?

MarketAxess is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for MarketAxess.

What price target have analysts set for MKTX?

6 brokers have issued twelve-month price targets for MarketAxess' stock. Their predictions range from $190.00 to $219.00. On average, they expect MarketAxess' stock price to reach $209.80 in the next twelve months. View Analyst Ratings for MarketAxess.

Who are some of MarketAxess' key competitors?

Who are MarketAxess' key executives?

MarketAxess' management team includes the folowing people:
  • Mr. Richard Mitchell McVey, Chairman & CEO (Age 58)
  • Mr. Antonio Louis DeLise, CFO & Principal Accounting Officer (Age 56)
  • Mr. Nicholas Themelis, Chief Information Officer (Age 54)
  • Ms. Hue-Kan Tran, Global Head of Operations
  • Mr. David Krein, Head of Research

Has MarketAxess been receiving favorable news coverage?

News coverage about MKTX stock has trended somewhat positive recently, according to Accern. The research firm ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. MarketAxess earned a news impact score of 0.07 on Accern's scale. They also assigned news headlines about the financial services provider an impact score of 47.03 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Who are MarketAxess' major shareholders?

MarketAxess' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BAILLIE GIFFORD & COMPANY (10.01%), Baillie Gifford & Co. (9.83%), BlackRock Inc. (8.84%), Wells Fargo & Company MN (3.04%), Kayne Anderson Rudnick Investment Management LLC (3.01%) and Neuberger Berman Group LLC (2.76%). Company insiders that own MarketAxess stock include Antonio L Delise, David G Gomach, John Steinhardt, Kevin M Mcpherson, Nicholas Themelis, Richard M Mcvey, Ronald M Hersch 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 Allianz Asset Management GmbH, Allianz Asset Management GmbH, Franklin Resources Inc., Atlantic Trust Group LLC, KAMES CAPITAL plc, Wells Fargo & Company MN, Reynders McVeigh Capital Management LLC and JPMorgan Chase & Co.. 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, Richard M Mcvey and Stephen P Casper. 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 Baillie Gifford & Co., American Century Companies Inc., BlackRock Inc., Ownership Capital B.V., Lord Abbett & CO. LLC, Royal Bank of Canada, Frontier Capital Management Co. LLC and Kayne Anderson Rudnick Investment Management LLC. 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 $211.41.

How big of a company is MarketAxess?

MarketAxess has a market capitalization of $7.93 billion and generates $397.47 million in revenue each year. The financial services provider earns $148.08 million in net income (profit) each year or $3.90 on an earnings per share basis. MarketAxess employs 429 workers across the globe.

How can I contact MarketAxess?

MarketAxess' mailing address is 299 PARK AVENUE 10TH FLOOR, NEW YORK NY, 10171. The financial services provider can be reached via phone at 212-831-6000 or via email at [email protected]


MarketBeat Community Rating for MarketAxess (MKTX)

Community Ranking:  1.6 out of 5 (star)
Outperform Votes:  163 (Vote Outperform)
Underperform Votes:  346 (Vote Underperform)
Total Votes:  509
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 6/22/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.