MarketAxess Stock Forecast, Price & News

MarketAxess' stock was trading at $333.65 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, MKTX shares have increased by 60.0% and is now trading at $533.89.
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9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MarketAxess in the last year. There are currently 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for MarketAxess or view MarketBeat's top 5 stock picks.

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MarketAxess is scheduled to release its next quarterly earnings announcement on Wednesday, February 3rd 2021.
View our earnings forecast for MarketAxess.

MarketAxess Holdings Inc. (NASDAQ:MKTX) issued its quarterly earnings data on Tuesday, October, 27th. The financial services provider reported $1.78 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.74 by $0.04. The financial services provider earned $164 million during the quarter, compared to analysts' expectations of $138.13 million. MarketAxess had a net margin of 42.73% and a return on equity of 33.35%. The company's revenue for the quarter was up 24.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.42 EPS.
View MarketAxess' earnings history.

MarketAxess declared a quarterly dividend on Wednesday, October 28th. Shareholders of record on Wednesday, November 11th will be paid a dividend of $0.60 per share on Wednesday, November 25th. This represents a $2.40 annualized dividend and a dividend yield of 0.45%. The ex-dividend date is Monday, November 9th.
View MarketAxess' dividend history.

9 brokerages have issued twelve-month target prices for MarketAxess' stock. Their forecasts range from $315.00 to $631.00. On average, they anticipate MarketAxess' stock price to reach $478.88 in the next twelve months. This suggests that the stock has a possible downside of 10.3%.
View analysts' price targets for MarketAxess.

MarketAxess saw a increase in short interest during the month of October. As of October 15th, there was short interest totaling 566,700 shares, an increase of 16.8% from the September 30th total of 485,100 shares. Based on an average trading volume of 191,200 shares, the days-to-cover ratio is presently 3.0 days. Currently, 1.5% of the company's stock are short sold.
View MarketAxess' Short Interest.

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), California First National Bancorp (CFNB) and Marlin Business Services (MRLN).
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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).

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

MarketAxess' stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (9.61%), State Street Corp (4.48%), JPMorgan Chase & Co. (4.33%), Great West Life Assurance Co. Can (3.19%), Wells Fargo & Company MN (2.58%) and Neuberger Berman Group LLC (1.89%). Company insiders that own MarketAxess stock include Antonio L Delise, Christophe Pierre Danie Roupie, John Steinhardt, Kevin M Mcpherson, Nicholas Themelis, Richard Leon Prager, Richard M Mcvey, Scott Pintoff 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 Assenagon Asset Management S.A., State Street Corp, BNP Paribas Arbitrage SA, Neuberger Berman Group LLC, AXA S.A., Raymond James & Associates, Royce & Associates LP, and Squarepoint Ops LLC. 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.

MKTX stock was bought by a variety of institutional investors in the last quarter, including Great West Life Assurance Co. Can, Wells Fargo & Company MN, BlackRock Inc., Arrowstreet Capital Limited Partnership, JPMorgan Chase & Co., Teacher Retirement System of Texas, Victory Capital Management Inc., and Nisa Investment Advisors LLC.
View insider buying and selling activity 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 $533.89.

MarketAxess has a market capitalization of $20.27 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 599 workers across the globe.

The official website for MarketAxess is 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]