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NASDAQ:MKTX - MarketAxess Stock Price, Forecast & News

$342.78
-10.01 (-2.84 %)
(As of 03/29/2020 04:00 PM ET)
Today's Range
$332.27
Now: $342.78
$354.56
50-Day Range
$281.31
MA: $338.08
$377.53
52-Week Range
$241.12
Now: $342.78
$421.45
Volume288,941 shs
Average Volume444,656 shs
Market Capitalization$13.00 billion
P/E Ratio63.48
Dividend Yield0.68%
Beta0.31
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$511.35 million
Cash Flow$6.11 per share
Book Value$20.39 per share

Profitability

Net Income$204.90 million

Miscellaneous

Employees476
Market Cap$13.00 billion
Next Earnings Date4/22/2020 (Estimated)
OptionableOptionable

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MarketAxess (NASDAQ:MKTX) Frequently Asked Questions

How has MarketAxess' stock been impacted by COVID-19 (Coronavirus)?

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.

Do Wall Street analysts recommend investors buy shares of MarketAxess?

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.

When is MarketAxess' next earnings date?

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

How were MarketAxess' earnings last quarter?

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.

How often does MarketAxess pay dividends? What is the dividend yield for MarketAxess?

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.

What price target have analysts set for MKTX?

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.

Has MarketAxess been receiving favorable news coverage?

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.

Are investors shorting MarketAxess?

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.

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 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).

Who are MarketAxess' key executives?

MarketAxess' management team includes the following 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)

What is MarketAxess' stock symbol?

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

Who are MarketAxess' major shareholders?

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.

Which institutional investors are selling MarketAxess stock?

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.

Which institutional investors are buying MarketAxess stock?

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.

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, Robinhood, Fidelity, and Charles Schwab.

What is MarketAxess' stock price today?

One share of MKTX stock can currently be purchased for approximately $342.78.

How big of a company is MarketAxess?

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.

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 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]


MarketBeat Community Rating for MarketAxess (NASDAQ MKTX)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  294 (Vote Outperform)
Underperform Votes:  518 (Vote Underperform)
Total Votes:  812
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 3/29/2020 by MarketBeat.com Staff

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