NASDAQ:MKTX - MarketAxess Stock Price, News, & Analysis

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$238.34 -1.82 (-0.76 %)
(As of 03/24/2019 04:46 AM ET)
Previous Close$238.34
Today's Range$237.18 - $240.8950
52-Week Range$172.09 - $246.14
Volume180,080 shs
Average Volume270,671 shs
Market Capitalization$8.98 billion
P/E Ratio52.15
Dividend Yield0.85%
Beta0.2
MarketAxess 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 firms 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, leveraged loans, credit default swaps, and other fixed-income securities. The company, through its Open Trading protocols, executes bond trades between and among institutional investor and broker-dealer clients in an all-to-all anonymous trading environment in which it acts as the matched principal counterparty. It also offers trading-related products and services, including Composite+ pricing and other market data products to assist clients with trading decisions; auto-execution and other execution services for clients requiring specialized workflow solutions; connectivity solutions that facilitate straight-through processing; and technology services to optimize trading environments. In addition, the company, through its Trax division, offers a range of pre-and post-trade services, such as 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.

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Industry, Sector and Symbol

Industry Security brokers & dealers
Sub-IndustrySpecialized Finance
SectorFinance
Current SymbolNASDAQ:MKTX
CUSIP57060D10
Phone212-813-6000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$435.57 million
Cash Flow$5.1723 per share
Book Value$16.17 per share

Profitability

Net Income$172.85 million

Miscellaneous

EmployeesN/A
Market Cap$8.98 billion
Next Earnings Date4/24/2019 (Estimated)
OptionableOptionable

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, January 31st. Investors of record on Wednesday, February 13th will be paid a dividend of $0.51 per share on Wednesday, February 27th. This represents a $2.04 dividend on an annualized basis and a yield of 0.86%. The ex-dividend date is Tuesday, February 12th. This is a boost from MarketAxess's previous quarterly dividend of $0.42. View MarketAxess' Dividend History.

How will MarketAxess' stock buyback program work?

MarketAxess declared that its Board of Directors has initiated a stock buyback 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 repurchase shares of its stock through open market purchases. Stock buyback programs are often a sign that the company's board believes its shares are undervalued.

How were MarketAxess' earnings last quarter?

MarketAxess Holdings Inc. (NASDAQ:MKTX) issued its quarterly earnings data on Wednesday, January, 30th. The financial services provider reported $1.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.15 by $0.06. The financial services provider had revenue of $112.44 million for the quarter, compared to the consensus estimate of $112.37 million. MarketAxess had a net margin of 39.69% and a return on equity of 30.31%. MarketAxess's quarterly revenue was up 14.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.88 EPS. View MarketAxess' Earnings History.

When is MarketAxess' next earnings date?

MarketAxess is scheduled to release their next quarterly earnings announcement on Wednesday, April 24th 2019. View Earnings Estimates for MarketAxess.

What price target have analysts set for MKTX?

7 analysts have issued 1 year target prices for MarketAxess' shares. Their predictions range from $198.00 to $219.00. On average, they expect MarketAxess' stock price to reach $209.40 in the next year. This suggests that the stock has a possible downside of 12.1%. View Analyst Price Targets for MarketAxess.

What is the consensus analysts' recommendation for MarketAxess?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MarketAxess in the last year. There are currently 1 sell rating and 6 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for MarketAxess.

Has MarketAxess been receiving favorable news coverage?

Media coverage about MKTX stock has trended somewhat negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. MarketAxess earned a news impact score of -1.4 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term.

Who are some of MarketAxess' key competitors?

What other stocks do shareholders of MarketAxess own?

Based on aggregate information from My MarketBeat watchlists, some companies that other MarketAxess investors own include AutoZone (AZO), Starbucks (SBUX), Intuitive Surgical (ISRG), Micron Technology (MU), NVIDIA (NVDA), Paypal (PYPL), Alphabet (GOOG), Netflix (NFLX), Alibaba Group (BABA) and Visa (V).

Who are MarketAxess' key executives?

MarketAxess' management team includes the folowing people:
  • Mr. Richard Mitchell McVey, Chairman & CEO (Age 59)
  • Mr. Antonio Louis DeLise, Chief Financial Officer (Age 57)
  • Mr. Nicholas Themelis, Chief Information Officer (Age 55)
  • Mr. Kevin M. McPherson, Global Head of Sales (Age 48)
  • Mr. Christophe P. D. Roupie, Head of Europe and Asia - Marketaxess Europe Limited & Trax (Age 53)

Who are MarketAxess' major shareholders?

MarketAxess' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Baillie Gifford & Co. (10.69%), BlackRock Inc. (9.26%), Kayne Anderson Rudnick Investment Management LLC (4.67%), American Century Companies Inc. (1.90%), Ownership Capital B.V. (1.14%) and Geode Capital Management LLC (1.09%). Company insiders that own MarketAxess stock include Antonio L Delise, David G Gomach, John Steinhardt, Kevin M Mcpherson, Nicholas Themelis, Richard M Mcvey and Stephen P Casper. View Institutional Ownership Trends for MarketAxess.

Which institutional investors are selling MarketAxess stock?

MKTX stock was sold by a variety of institutional investors in the last quarter, including Public Employees Retirement Association of Colorado, Kayne Anderson Rudnick Investment Management LLC, New York State Common Retirement Fund, FMR LLC, Bank of America Corp DE, Victory Capital Management Inc., Rothschild & Co. Asset Management US Inc. and Bank of New York Mellon Corp. 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 and Richard M Mcvey. View Insider Buying and Selling for MarketAxess.

Which institutional investors are buying MarketAxess stock?

MKTX stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Baillie Gifford & Co., Eagle Asset Management Inc., Ownership Capital B.V., Scout Investments Inc., KAMES CAPITAL plc, Bahl & Gaynor Inc. and American Century Companies Inc.. 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 $238.34.

How big of a company is MarketAxess?

MarketAxess has a market capitalization of $8.98 billion and generates $435.57 million in revenue each year. The financial services provider earns $172.85 million in net income (profit) each year or $4.57 on an earnings per share basis.

What is MarketAxess' official website?

The official website for MarketAxess is http://www.marketaxess.com.

How can I contact MarketAxess?

MarketAxess' mailing address is 55 HUDSON YARDS, NEW YORK NY, 10001. The financial services provider can be reached via phone at 212-813-6000 or via email at [email protected]


MarketBeat Community Rating for MarketAxess (NASDAQ MKTX)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  233 (Vote Outperform)
Underperform Votes:  422 (Vote Underperform)
Total Votes:  655
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 3/24/2019 by MarketBeat.com Staff

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