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Here is a Simple 4 Stock Portfolio that Can Outperform the Market
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Saudi Aramco's profits already $88B as oil prices stay high
Inflation Emergency to Disrupt Your Financial Future? (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
US Dollar Replaced By "Biden Bucks"? (Ad)
Is AMC Entertainment Pulling a Fast One on the APEs?
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
Here is a Simple 4 Stock Portfolio that Can Outperform the Market
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Saudi Aramco's profits already $88B as oil prices stay high
Inflation Emergency to Disrupt Your Financial Future? (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
US Dollar Replaced By "Biden Bucks"? (Ad)
Is AMC Entertainment Pulling a Fast One on the APEs?
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
Here is a Simple 4 Stock Portfolio that Can Outperform the Market
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Saudi Aramco's profits already $88B as oil prices stay high
Inflation Emergency to Disrupt Your Financial Future? (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
US Dollar Replaced By "Biden Bucks"? (Ad)
Is AMC Entertainment Pulling a Fast One on the APEs?
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
Here is a Simple 4 Stock Portfolio that Can Outperform the Market
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Saudi Aramco's profits already $88B as oil prices stay high
Inflation Emergency to Disrupt Your Financial Future? (Ad)pixel
NASDAQ:MKTX

MarketAxess - MKTX Stock Forecast, Price & News

$270.86
+4.87 (+1.83%)
(As of 08/12/2022 09:15 PM ET)
Add
Compare
Today's Range
$266.46
$271.17
50-Day Range
$256.01
$284.49
52-Week Range
$249.01
$487.79
Volume
161,900 shs
Average Volume
343,850 shs
Market Capitalization
$10.20 billion
P/E Ratio
42.45
Dividend Yield
1.03%
Price Target
$328.22

MarketAxess MarketRank™ Forecast

Analyst Rating
Hold
2.11 Rating Score
Upside/​Downside
21.2% Upside
$328.22 Price Target
Short Interest
Healthy
1.64% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.27
Upright™ Environmental Score
News Sentiment
0.54mentions of MarketAxess in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$495,952 Sold Last Quarter
Proj. Earnings Growth
14.73%
From $6.72 to $7.71 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.00 out of 5 stars

Finance Sector

73rd out of 926 stocks

Security Brokers & Dealers Industry

5th out of 25 stocks

MKTX stock logo

About MarketAxess (NASDAQ:MKTX) Stock

MarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer companies worldwide. It offers the access to liquidity in the U.S. investment-grade bonds, U.S. high-yield bonds, and U.S. Treasuries, as well as municipal bonds, emerging market debts, Eurobonds, 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 for corporate bonds. 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 provides various 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 incorporated in 2000 and is headquartered in New York, New York.

MarketAxess Trading Up 1.8 %

MKTX Stock opened at $270.86 on Friday. The business's 50-day moving average price is $267.33 and its two-hundred day moving average price is $299.91. The firm has a market cap of $10.20 billion, a PE ratio of 42.45 and a beta of 0.59. MarketAxess has a 1-year low of $249.01 and a 1-year high of $487.79.

MarketAxess (NASDAQ:MKTX - Get Rating) last issued its quarterly earnings results on Wednesday, July 20th. The financial services provider reported $1.78 EPS for the quarter, beating analysts' consensus estimates of $1.71 by $0.07. The company had revenue of $182.20 million for the quarter, compared to analyst estimates of $185.24 million. MarketAxess had a return on equity of 23.55% and a net margin of 34.77%. The company's quarterly revenue was up 3.3% compared to the same quarter last year. During the same period in the previous year, the company posted $1.77 earnings per share. On average, analysts forecast that MarketAxess will post 6.72 earnings per share for the current year.

MarketAxess Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 17th. Stockholders of record on Wednesday, August 3rd will be issued a $0.70 dividend. The ex-dividend date is Tuesday, August 2nd. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.03%. MarketAxess's dividend payout ratio (DPR) is 43.89%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on MKTX shares. Piper Sandler lowered their target price on MarketAxess from $300.00 to $285.00 and set a "neutral" rating for the company in a research note on Friday, July 1st. Credit Suisse Group lowered their target price on MarketAxess from $316.00 to $305.00 and set a "neutral" rating for the company in a research note on Thursday, July 7th. Compass Point raised MarketAxess from a "sell" rating to a "neutral" rating and set a $275.00 target price for the company in a research note on Thursday, April 21st. Deutsche Bank Aktiengesellschaft lifted their target price on MarketAxess from $286.00 to $292.00 and gave the company a "hold" rating in a research note on Friday. Finally, Atlantic Securities decreased their price objective on MarketAxess from $340.00 to $306.00 and set a "neutral" rating for the company in a research note on Friday, June 10th. Nine equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, MarketAxess currently has a consensus rating of "Hold" and an average target price of $328.22.

Insider Activity

In other news, insider Christophe Pierre Danie Roupie sold 1,740 shares of the business's stock in a transaction dated Tuesday, June 7th. The stock was sold at an average price of $285.03, for a total value of $495,952.20. Following the sale, the insider now directly owns 5,318 shares in the company, valued at $1,515,789.54. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 1.94% of the company's stock.

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MKTX Stock News Headlines

Expert Ratings for MarketAxess Holdings
MarketAxess (MKTX) Q2 Earnings Top Estimates
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MKTX Company Calendar

Ex-Dividend for 5/18 Dividend
5/03/2022
Dividend Payable
5/18/2022
Last Earnings
7/20/2022
Ex-Dividend for 8/17 Dividend
8/02/2022
Today
8/14/2022
Dividend Payable
8/17/2022
Next Earnings (Estimated)
10/19/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Security brokers & dealers
Sub-Industry
Specialized Finance
Sector
Finance
Current Symbol
NASDAQ:MKTX
CUSIP
57060D10
Employees
676
Year Founded
2000

Price Target and Rating

Average Stock Price Forecast
$328.22
High Stock Price Forecast
$471.00
Low Stock Price Forecast
$275.00
Forecasted Upside/Downside
+21.2%
Consensus Rating
Hold
Rating Score (0-4)
2.11
Research Coverage
9 Analysts

Profitability

Net Income
$257.89 million
Pretax Margin
46.89%

Debt

Sales & Book Value

Annual Sales
$698.95 million
Cash Flow
$8.37 per share
Book Value
$26.59 per share

Miscellaneous

Free Float
36,910,000
Market Cap
$10.20 billion
Optionable
Optionable
Beta
0.59

Social Links















MKTX Stock - Frequently Asked Questions

Should I buy or sell MarketAxess stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MarketAxess in the last year. There are currently 8 hold ratings and 1 buy rating 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.

What is MarketAxess' stock price forecast for 2022?

9 Wall Street analysts have issued 1-year price targets for MarketAxess' shares. Their MKTX share price forecasts range from $275.00 to $471.00. On average, they expect the company's share price to reach $328.22 in the next twelve months. This suggests a possible upside of 21.2% from the stock's current price.
View analysts price targets for MKTX
or view top-rated stocks among Wall Street analysts.

How have MKTX shares performed in 2022?

MarketAxess' stock was trading at $411.27 at the start of the year. Since then, MKTX stock has decreased by 34.1% and is now trading at $270.86.
View the best growth stocks for 2022 here
.

When is MarketAxess' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 19th 2022.
View our MKTX earnings forecast
.

How were MarketAxess' earnings last quarter?

MarketAxess Holdings Inc. (NASDAQ:MKTX) released its quarterly earnings data on Wednesday, July, 20th. The financial services provider reported $1.78 EPS for the quarter, topping analysts' consensus estimates of $1.71 by $0.07. The financial services provider had revenue of $182.20 million for the quarter, compared to analysts' expectations of $185.24 million. MarketAxess had a net margin of 34.77% and a trailing twelve-month return on equity of 23.55%. The business's revenue for the quarter was up 3.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.77 earnings per share.
Read the conference call transcript
.

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

MarketAxess announced a quarterly dividend on Wednesday, July 20th. Shareholders of record on Wednesday, August 3rd will be given a dividend of $0.70 per share on Wednesday, August 17th. This represents a $2.80 annualized dividend and a yield of 1.03%. The ex-dividend date is Tuesday, August 2nd.
Read our dividend analysis for MKTX
.

Is MarketAxess a good dividend stock?

MarketAxess (NASDAQ:MKTX) pays an annual dividend of $2.80 per share and currently has a dividend yield of 1.03%. 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 43.89%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MKTX will have a dividend payout ratio of 36.32% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MKTX.

What is Rick McVey's approval rating as MarketAxess' CEO?

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.

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), PayPal (PYPL), Visa (V), Netflix (NFLX), Advanced Micro Devices (AMD), Broadcom (AVGO), Intel (INTC), Johnson & Johnson (JNJ), Mastercard (MA) and Adobe (ADBE).

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 retail and institutional investors. Top institutional shareholders include GUARDCAP ASSET MANAGEMENT Ltd (5.21%), Baillie Gifford & Co. (3.90%), Allspring Global Investments Holdings LLC (2.17%), Primecap Management Co. CA (2.14%), Kayne Anderson Rudnick Investment Management LLC (1.52%) and Allianz Asset Management GmbH (1.05%). 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 and Stephen P Casper.
View institutional ownership trends
.

How do I buy shares of MarketAxess?

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.
Compare Top Brokerages Here.

What is MarketAxess' stock price today?

One share of MKTX stock can currently be purchased for approximately $270.86.

How much money does MarketAxess make?

MarketAxess (NASDAQ:MKTX) has a market capitalization of $10.20 billion and generates $698.95 million in revenue each year. The financial services provider earns $257.89 million in net income (profit) each year or $6.38 on an earnings per share basis.

How many employees does MarketAxess have?

The company employs 676 workers across the globe.

Does MarketAxess have any subsidiaries?

The following companies are subsidiares of MarketAxess: LiquidityEdge.
Read More

When was MarketAxess founded?

MarketAxess was founded in 2000.

How can I contact MarketAxess?

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) 813-6027, via email at tdelise@marketaxess.com, or via fax at 212-813-6390.

This page (NASDAQ:MKTX) was last updated on 8/15/2022 by MarketBeat.com Staff

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