NASDAQ:MKTXMarketAxess Stock Price, Forecast & News

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 56.5% and is now trading at $522.22. View which stocks have been most 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, July 22nd 2020. View our earnings forecast for MarketAxess.

MarketAxess will be holding an earnings conference call on Wednesday, July 22nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

MarketAxess Holdings Inc. (NASDAQ:MKTX) released its earnings results on Wednesday, April, 29th. The financial services provider reported $1.96 EPS for the quarter, topping the Zacks' consensus estimate of $1.90 by $0.06. The financial services provider had revenue of $169 million for the quarter, compared to analysts' expectations of $139.03 million. MarketAxess had a return on equity of 31.08% and a net margin of 40.87%. MarketAxess's quarterly revenue was up 35.7% compared to the same quarter last year. During the same period in the prior year, the company earned $1.39 earnings per share. View MarketAxess' earnings history.

MarketAxess declared a quarterly dividend on Wednesday, April 29th. Stockholders of record on Wednesday, May 13th will be given a dividend of $0.60 per share on Wednesday, May 27th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 0.46%. The ex-dividend date is Tuesday, May 12th. View MarketAxess' dividend history.

10 brokers have issued 1-year price targets for MarketAxess' stock. Their forecasts range from $249.00 to $555.00. On average, they anticipate MarketAxess' stock price to reach $386.50 in the next twelve months. This suggests that the stock has a possible downside of 26.0%. View analysts' price targets for MarketAxess.

Media stories about MKTX stock have been trending somewhat negative recently, InfoTrie reports. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. MarketAxess earned a media sentiment score of -1.5 on InfoTrie's scale. They also gave media coverage about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news about MarketAxess.

MarketAxess saw a drop in short interest during the month of June. As of June 30th, there was short interest totaling 552,200 shares, a drop of 9.6% from the June 15th total of 610,600 shares. Based on an average daily volume of 301,400 shares, the short-interest ratio is presently 1.8 days. Approximately 1.5% of the shares of the stock are short sold. View MarketAxess' Current Options Chain.

Some companies that are related to MarketAxess include CME Group (CME), Moody's (MCO), Intercontinental Exchange (ICE), 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). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other MarketAxess investors own include Netflix (NFLX), NVIDIA (NVDA), Alibaba Group (BABA), Advanced Micro Devices (AMD), Adobe (ADBE), Vertex Pharmaceuticals (VRTX), Paypal (PYPL), Verizon Communications (VZ), JPMorgan Chase & Co. (JPM) and Walt Disney (DIS).

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

MarketAxess' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.14%), Forte Capital LLC ADV (0.11%), State of Alaska Department of Revenue (0.07%), MERIAN GLOBAL INVESTORS UK Ltd (0.06%), Scout Investments Inc. (0.05%) and Paragon Advisors LLC (0.01%). 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 6 Meridian, IFM Investors Pty Ltd, Forte Capital LLC ADV, Wesbanco Bank Inc., Scout Investments Inc., MERIAN GLOBAL INVESTORS UK Ltd, and TrimTabs Asset Management 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 acquired by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., State of Alaska Department of Revenue, Engrave Wealth Partners LLC, Canandaigua National Corp, CENTRAL TRUST Co, Paragon Advisors LLC, HNP Capital LLC, and Veracity Capital 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 $522.22.

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. MarketAxess employs 476 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]