MarketAxess - MKTX Stock Forecast, Price & News

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MarketAxess in the last twelve months. There are currently 1 sell rating, 9 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" MKTX shares. 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 MKTX analyst ratings or view top-rated stocks.

12 brokerages have issued 12-month price targets for MarketAxess' shares. Their MKTX share price forecasts range from $270.00 to $415.00. On average, they expect the company's share price to reach $331.36 in the next year. This suggests that the stock has a possible downside of 12.2%.
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MarketAxess' stock was trading at $278.89 at the start of the year. Since then, MKTX shares have increased by 35.3% and is now trading at $377.46.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 19th 2023.
View our MKTX earnings forecast.

MarketAxess Holdings Inc. (NASDAQ:MKTX) released its quarterly earnings data on Wednesday, January, 25th. The financial services provider reported $1.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.53 by $0.05. The financial services provider earned $177.90 million during the quarter, compared to analyst estimates of $176.92 million. MarketAxess had a net margin of 34.84% and a trailing twelve-month return on equity of 24.34%. The firm's revenue was up 7.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.37 EPS.
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MarketAxess announced a quarterly dividend on Wednesday, January 25th. Investors of record on Wednesday, February 8th will be paid a dividend of $0.72 per share on Wednesday, February 22nd. This represents a $2.88 dividend on an annualized basis and a dividend yield of 0.76%. The ex-dividend date of this dividend is Tuesday, February 7th. This is a boost from the stock's previous quarterly dividend of $0.70.
Read our dividend analysis for MKTX.

ETFs with the largest weight of MarketAxess (NASDAQ:MKTX) stock in their portfolio include Amplify Digital & Online Trading ETF (BIDS), iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI), Horizon Kinetics Blockchain Development ETF (BCDF), Guru Favorite Stocks ETF (GFGF), Invesco S&P 500 Equal Weight Financials ETF (RYF), BlackRock Future Innovators ETF (BFTR), SPDR S&P Capital Markets ETF (KCE) and Formidable Fortress ETF (KONG).

MarketAxess (NASDAQ:MKTX) pays an annual dividend of $2.88 per share and currently has a dividend yield of 0.74%. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 43.31%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MKTX will have a dividend payout ratio of 33.14% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MKTX.

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

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 a variety of institutional and retail investors. Top institutional shareholders include T. Rowe Price Investment Management Inc. (5.50%), Baillie Gifford & Co. (3.80%), Ownership Capital B.V. (3.30%), American Century Companies Inc. (2.48%), Geode Capital Management LLC (2.24%) and Macquarie Group Ltd. (2.14%). Insiders that own company stock include Antonio L Delise, Christophe Pierre Danie Roupie, Kevin M Mcpherson, Kevin M Mcpherson, Nicholas Themelis, Richard Leon Prager, Richard M Mcvey, Richard M Mcvey, Scott Pintoff, Stephen P Casper and Steven L Begleiter.
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Shares of MKTX stock 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.
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One share of MKTX stock can currently be purchased for approximately $377.46.

MarketAxess (NASDAQ:MKTX) has a market capitalization of $14.20 billion and generates $718.30 million in revenue each year. The financial services provider earns $250.22 million in net income (profit) each year or $6.65 on an earnings per share basis.

The company employs 676 workers across the globe.

MarketAxess' mailing address is 55 HUDSON YARDS 15TH FLOOR, NEW YORK NY, 10001. The official website for the company is www.marketaxess.com. The financial services provider can be reached via phone at (212) 813-6000, via email at tdelise@marketaxess.com, or via fax at 212-813-6390.