NASDAQ:MKTX - MarketAxess Stock Price, Forecast & News

MarketAxess' stock was trading at $333.65 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MKTX stock has increased by 2.7% and is now trading at $342.78. View which stocks have been mosted impacted by Coronavirus.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MarketAxess in the last year. There are currently 1 sell rating, 7 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for MarketAxess.

MarketAxess is scheduled to release its next quarterly earnings announcement on Wednesday, April 22nd 2020. View our earnings forecast for MarketAxess.

MarketAxess Holdings Inc. (NASDAQ:MKTX) released its quarterly earnings results on Wednesday, January, 29th. The financial services provider reported $1.32 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.30 by $0.02. The financial services provider earned $129.80 million during the quarter, compared to analyst estimates of $127.67 million. MarketAxess had a net margin of 40.07% and a return on equity of 29.72%. The firm's revenue was up 15.5% compared to the same quarter last year. During the same period last year, the business earned $1.21 EPS. View MarketAxess' earnings history.

MarketAxess announced a quarterly dividend on Thursday, January 30th. Investors of record on Wednesday, February 12th will be paid a dividend of $0.60 per share on Wednesday, February 26th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 0.70%. The ex-dividend date of this dividend is Tuesday, February 11th. This is an increase from MarketAxess's previous quarterly dividend of $0.51. View MarketAxess' dividend history.

10 Wall Street analysts have issued 12 month price targets for MarketAxess' shares. Their forecasts range from $249.00 to $380.00. On average, they expect MarketAxess' share price to reach $335.29 in the next twelve months. This suggests that the stock has a possible downside of 2.2%. View analysts' price targets for MarketAxess.

News stories about MKTX stock have trended extremely negative this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. MarketAxess earned a news sentiment score of -4.0 on InfoTrie's scale. They also gave media coverage about the financial services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the near term. View the latest news aboutMarketAxess.

MarketAxess saw a drop in short interest in the month of March. As of March 13th, there was short interest totaling 1,026,600 shares, a drop of 20.4% from the February 27th total of 1,290,000 shares. Based on an average daily trading volume, of 379,300 shares, the days-to-cover ratio is currently 2.7 days. Approximately 2.8% of the company's shares are sold short. View MarketAxess' Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other MarketAxess investors own include NVIDIA (NVDA), Alibaba Group (BABA), Paypal (PYPL), Walt Disney (DIS), Netflix (NFLX), Visa (V), Intuitive Surgical (ISRG), Mastercard (MA), UnitedHealth Group (UNH) and Advanced Micro Devices (AMD).

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

MarketAxess' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Baillie Gifford & Co. (8.00%), State Street Corp (4.57%), Kayne Anderson Rudnick Investment Management LLC (4.24%), Renaissance Technologies LLC (2.53%), Geode Capital Management LLC (2.27%) and Capital World Investors (2.01%). 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 Baillie Gifford & Co., Janus Henderson Group PLC, Capital World Investors, KAMES CAPITAL plc, Mitsubishi UFJ Trust & Banking Corp, Standard Life Aberdeen plc, GUARDCAP ASSET MANAGEMENT Ltd, and Lord Abbett & CO. LLC. Company insiders that have sold MarketAxess company stock in the last year include Antonio L Delise, Kevin M Mcpherson, Nicholas Themelis, Richard M Mcvey, and Stephen P Casper. View insider buying and selling activity for MarketAxess.

MKTX stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Renaissance Technologies LLC, Goldman Sachs Group Inc., Assetmark Inc., Schroder Investment Management Group, National Pension Service, State Street Corp, and Banco Santander S.A.. 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 $342.78.

MarketAxess has a market capitalization of $13.00 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 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]