NASDAQ:MKTX MarketAxess Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding MarketAxess Holdings Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $438.66 -8.83 (-1.97 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$437.89Now: $438.66▼$449.4050-Day Range$447.49MA: $485.83▼$516.7052-Week Range$275.49Now: $438.66▼$561.68Volume381,864 shsAverage Volume279,229 shsMarket Capitalization$16.66 billionP/E Ratio63.57Dividend Yield0.54%Beta0.5 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 2.1 Analyst's Opinion Consensus RatingMarketAxess has received a consensus rating of Hold. The company's average rating score is 2.18, and is based on 3 buy ratings, 7 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $407.89, MarketAxess has a forecasted downside of 7.0% from its current price of $438.66.Amount of Analyst CoverageMarketAxess has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.8 Community Rank Outperform VotesMarketAxess has received 299 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMarketAxess has received 535 “underperform” votes. (Add your “underperform” vote.)Community SentimentMarketAxess has received 64.15% “underperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend YieldMarketAxess has a dividend yield of 0.54%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthMarketAxess has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of MarketAxess is 44.44%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, MarketAxess will have a dividend payout ratio of 30.61% next year. This indicates that MarketAxess will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, MarketAxess insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $29,924,704.00 in company stock.Percentage Held by InsidersOnly 3.05% of the stock of MarketAxess is held by insiders.Percentage Held by Institutions91.72% of the stock of MarketAxess is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for MarketAxess are expected to grow by 4.95% in the coming year, from $7.47 to $7.84 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MarketAxess is 63.57, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.84.Price to Earnings Ratio vs. SectorThe P/E ratio of MarketAxess is 63.57, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 17.42.Price to Book Value per Share RatioMarketAxess has a P/B Ratio of 21.51. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.1Community Rank: 1.8Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.44 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Security brokers & dealers Sub-IndustrySpecialized Finance SectorFinance Current SymbolNASDAQ:MKTX Previous Symbol CUSIP57060D10 CIK1278021 Webwww.marketaxess.com Phone212-813-6000Debt Debt-to-Equity RatioN/A Current Ratio7.42 Quick Ratio7.42Price-To-Earnings Trailing P/E Ratio63.57 Forward P/E Ratio58.72 P/E GrowthN/A Sales & Book Value Annual Sales$511.35 million Price / Sales32.57 Cash Flow$6.09 per share Price / Cash Flow72.05 Book Value$20.39 per share Price / Book21.51Profitability EPS (Most Recent Fiscal Year)$5.40 Net Income$204.90 million Net Margins42.74% Return on Equity33.75% Return on Assets27.50%Miscellaneous Employees476 Outstanding Shares37,972,000Market Cap$16.66 billion Next Earnings Date10/28/2020 (Estimated) OptionableOptionable $438.66 -8.83 (-1.97 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive MKTX News and Ratings via Email Sign-up to receive the latest news and ratings for MKTX and its competitors with MarketBeat's FREE daily newsletter. MarketAxess (NASDAQ:MKTX) Frequently Asked Questions How has MarketAxess' stock price been impacted by Coronavirus (COVID-19)? MarketAxess' stock was trading at $333.65 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MKTX shares have increased by 31.5% and is now trading at $438.66. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of MarketAxess? 11 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 3 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, October 28th 2020. View our earnings forecast for MarketAxess. How were MarketAxess' earnings last quarter? MarketAxess Holdings Inc. (NASDAQ:MKTX) posted its quarterly earnings data on Wednesday, July, 22nd. The financial services provider reported $2.20 EPS for the quarter, beating analysts' consensus estimates of $2.12 by $0.08. The financial services provider had revenue of $184.80 million for the quarter, compared to analyst estimates of $185.16 million. MarketAxess had a return on equity of 33.75% and a net margin of 42.74%. During the same quarter in the previous year, the business earned $1.27 earnings per share. View MarketAxess' earnings history. How often does MarketAxess pay dividends? What is the dividend yield for MarketAxess? MarketAxess declared a quarterly dividend on Wednesday, July 22nd. Shareholders of record on Wednesday, August 5th will be given a dividend of $0.60 per share on Wednesday, August 19th. This represents a $2.40 annualized dividend and a dividend yield of 0.55%. The ex-dividend date is Tuesday, August 4th. View MarketAxess' dividend history. What price target have analysts set for MKTX? 11 brokers have issued 1-year target prices for MarketAxess' shares. Their forecasts range from $249.00 to $555.00. On average, they anticipate MarketAxess' share price to reach $407.89 in the next year. This suggests that the stock has a possible downside of 7.0%. View analysts' price targets for MarketAxess. Are investors shorting MarketAxess? MarketAxess saw a increase in short interest in August. As of August 31st, there was short interest totaling 560,700 shares, an increase of 16.0% from the August 15th total of 483,400 shares. Based on an average daily volume of 206,400 shares, the days-to-cover ratio is presently 2.7 days. Approximately 1.5% of the company's stock are short sold. View MarketAxess' Short Interest. Who are some of MarketAxess' key competitors? 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), Cboe Global Markets (CBOE), Arrow Financial (AROW), Gain Capital (GCAP), California First National Bancorp (CFNB) and Marlin Business Services (MRLN). View all 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), Paypal (PYPL), Visa (V), Netflix (NFLX), Adobe (ADBE), Advanced Micro Devices (AMD), Alibaba Group (BABA), Mastercard (MA), Intel (INTC) and Broadcom (AVGO). 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 retail and institutional investors. Top institutional investors include Vanguard Group Inc. (11.44%), Kayne Anderson Rudnick Investment Management LLC (3.39%), Neuberger Berman Group LLC (1.93%), Bank of New York Mellon Corp (0.85%), Bamco Inc. NY (0.82%) and FMR LLC (0.60%). 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. Which institutional investors are selling MarketAxess stock? MKTX stock was sold by a variety of institutional investors in the last quarter, including Kayne Anderson Rudnick Investment Management LLC, Sumitomo Mitsui Trust Holdings Inc., Mitsubishi UFJ Trust & Banking Corp, GW&K Investment Management LLC, Baird Financial Group Inc., KAMES CAPITAL plc, Neuberger Berman Group LLC, and Raymond James & Associates. 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. Which institutional investors are buying MarketAxess stock? MKTX stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc., FMR LLC, Victory Capital Management Inc., Assenagon Asset Management S.A., Man Group plc, Federated Hermes Inc., Healthcare of Ontario Pension Plan Trust Fund, and Mn Services Vermogensbeheer B.V.. 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 $438.66. How big of a company is MarketAxess? MarketAxess has a market capitalization of $16.66 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. What is MarketAxess' official website? The official website for MarketAxess is 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] This page was last updated on 9/20/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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