MarketAxess Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MarketAxess in the last twelve months. There are currently 8 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" MarketAxess stock. 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 analyst ratings for MarketAxess or view top-rated stocks.

9 Wall Street research analysts have issued 12-month price objectives for MarketAxess' shares. Their MKTX stock forecasts range from $270.00 to $471.00. On average, they anticipate MarketAxess' stock price to reach $328.44 in the next year. This suggests a possible upside of 26.5% from the stock's current price.
View analysts' price targets for MarketAxess or view top-rated stocks among Wall Street analysts.

MarketAxess' stock was trading at $411.27 on January 1st, 2022. Since then, MKTX shares have decreased by 36.9% and is now trading at $259.63.
View the best growth stocks for 2022 here.

MarketAxess is scheduled to release its next quarterly earnings announcement on Wednesday, July 20th 2022.
View our earnings forecast for MarketAxess.

MarketAxess Holdings Inc. (NASDAQ:MKTX) announced its earnings results on Wednesday, April, 20th. The financial services provider reported $1.73 earnings per share for the quarter, topping the consensus estimate of $1.70 by $0.03. The financial services provider earned $186.10 million during the quarter, compared to analysts' expectations of $186.34 million. MarketAxess had a trailing twelve-month return on equity of 23.46% and a net margin of 35.13%. The firm's quarterly revenue was down 4.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.11 earnings per share.
View MarketAxess' earnings history.

MarketAxess announced a quarterly dividend on Wednesday, April 20th. Investors of record on Wednesday, May 4th will be given a dividend of $0.70 per share on Wednesday, May 18th. This represents a $2.80 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date is Tuesday, May 3rd.
View MarketAxess' dividend history.

MarketAxess(NASDAQ:MKTX) pays an annual dividend of $2.80 per share and currently has a dividend yield of 1.06%. MarketAxess 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 of MarketAxess is 43.96%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MarketAxess will have a dividend payout ratio of 34.87% next year. This indicates that MarketAxess will be able to sustain or increase its dividend.
View MarketAxess' dividend history.

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

Some companies that are related to MarketAxess include CME Group (CME), Intercontinental Exchange (ICE), Moody's (MCO), MSCI (MSCI), Nasdaq (NDAQ), Interactive Brokers Group (IBKR), Arrow Financial (AROW) and California First Leasing (CFNB).
View all of MKTX's competitors.

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."

Shares of MKTX 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.

One share of MKTX stock can currently be purchased for approximately $259.63.

MarketAxess (NASDAQ:MKTX) has a market capitalization of $9.72 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 $6.37 on an earnings per share basis.

MarketAxess employs 676 workers across the globe.

MarketAxess was founded in 2000.

MarketAxess' mailing address is 55 HUDSON YARDS 15TH FLOOR, NEW YORK NY, 10001. The official website for MarketAxess 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.