MarketAxess (MKTX) Stock Price, News & Analysis

Company Overview

MarketAxess Holdings Inc. operates a leading global electronic trading platform specializing in fixed-income securities and related products. The company’s network enables institutional investors and broker-dealers to trade corporate bonds, municipal securities, emerging markets debt, U.S. Treasuries and credit default swaps in an automated, multi-dealer environment. MarketAxess also offers portfolio trading, data analytics, best-execution tools and post-trade services to streamline workflows and enhance price discovery across its marketplace.

In addition to core voice-like trading protocols, MarketAxess provides Open Trading®, an anonymous, all-to-all trading protocol designed to improve liquidity and transaction efficiency. The firm’s suite of data and analytics solutions, including MarketAxess Data Services, delivers real-time and historical trading insights, transaction cost analysis and market intelligence to support informed decision-making. MarketAxess further extends its offerings with composite pricing benchmarks and regulatory reporting tools that help clients meet compliance requirements.

Founded in 2000 by Richard M. “Rick” McVey, MarketAxess is headquartered in New York City and has established regional offices in London, Singapore and Hong Kong to serve clients worldwide. McVey has guided the firm’s growth from an innovative start-up into a publicly traded company listed on the NASDAQ under the ticker MKTX, and he currently serves as Executive Chairman. The company’s leadership team includes experienced professionals with backgrounds in capital markets, technology and operations.

Serving a broad client base of institutional investors, asset managers and dealer counterparties, MarketAxess continues to expand its global footprint and product capabilities. By leveraging advanced technology and a deep pool of liquidity providers, the firm aims to drive greater transparency, efficiency and resiliency in the fixed-income markets it supports.

Key Stats

• Today's Range: $115.55 to $122.27
• 50-Day Range: $116.93 to $176.85
• 52-Week Range: $115.55 to $228.16
• Volume: 1.09 million shs
• Average Volume: 632,695 shs
• Market Capitalization: $4.16 billion
• P/E Ratio: 13.82
• Dividend Yield: 2.67%
• Price Target: $190.88
• Consensus Rating: Hold

MarketAxess Stock Analysis - MarketRank™

MarketAxess scored higher than 89% of companies evaluated by MarketBeat, and ranked 177th out of 884 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.1 / 5
• Analyst Rating: Hold

Consensus Rating

MarketAxess has received a consensus rating of Hold. The company's average rating score is 2.11, and is based on no strong buy ratings, 2 buy ratings, 6 hold ratings, and 1 sell rating.

Upside Potential

MarketAxess has a consensus price target of $190.88, representing about 63.2% upside from its current price of $116.93.

Amount of Analyst Coverage

MarketAxess has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 9.20%

Earnings Growth

Earnings for MarketAxess are expected to grow by 9.20% in the coming year, from $8.04 to $8.78 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of MarketAxess is 13.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.77.

Price to Earnings Ratio vs. Sector

The P/E ratio of MarketAxess is 13.82, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.92.

Price to Earnings Growth Ratio

MarketAxess has a PEG Ratio of 2.72. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

MarketAxess has a P/B Ratio of 3.79. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

6.76% of the float of MarketAxess has been sold short.

Short Interest Ratio / Days to Cover

MarketAxess has a short interest ratio ("days to cover") of 3.97, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in MarketAxess has recently increased by 1.99%, indicating that investor sentiment is decreasing.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

MarketAxess pays a meaningful dividend of 2.59%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

MarketAxess has only been increasing its dividend for 2 years.

Dividend Coverage

The dividend payout ratio of MarketAxess is 36.88%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, MarketAxess will have a dividend payout ratio of 35.54% next year. This indicates that MarketAxess will be able to sustain or increase its dividend.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.26

News Sentiment

MarketAxess has a news sentiment score of 0.26. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.71 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for MarketAxess this week, compared to 5 articles on an average week.

Search Interest

9 people have searched for MKTX on MarketBeat in the last 30 days. This is an increase of 350% compared to the previous 30 days.

Company Ownership

• Score: 1.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In 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 $31,895.00 in company stock.

Percentage Held by Insiders

0.72% of the stock of MarketAxess is held by insiders.

Percentage Held by Institutions

99.01% of the stock of MarketAxess is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 5/07/2026
• Record date for 6/3 Dividend: 5/20/2026
• Ex-Dividend for 6/3 Dividend: 5/20/2026
• Dividend Payable: 6/03/2026
• Today: 6/06/2026
• Morgan Stanley US Financials Conference 2026: 6/09/2026
• AGM 2026: 6/10/2026
• Next Earnings (Estimated): 8/05/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: FIN - INVEST BKRS
• Sub-Industry: Specialized Finance
• Current Symbol: NASDAQ:MKTX
• CIK: 1278021
• Web: www.marketaxess.com
• Phone: (212) 813-6000
• Fax: 212-813-6390
• Employees: 740
• Year Founded: 2000

Price Target and Rating

• Average Price Target for MarketAxess: $190.88
• High Price Target: $215.00
• Low Price Target: $164.00
• Potential Upside/Downside: +63.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.11
• Research Coverage: 9 Analysts

Profitability

• EPS (Trailing Twelve Months): $8.46
• Trailing P/E Ratio: 13.82
• Forward P/E Ratio: 14.54
• P/E Growth: 2.72
• Net Income: $246.63 million
• Net Margins: 35.53%
• Pretax Margin: 43.02%
• Return on Equity: 22.28%
• Return on Assets: 13.82%

Debt

• Debt-to-Equity Ratio: 0.19
• Current Ratio: 2.17
• Quick Ratio: 2.17

Sales & Book Value

• Annual Sales: $846.27 million
• Price / Sales: 4.91
• Cash Flow: $9.35 per share
• Price / Cash Flow: 12.50
• Book Value: $30.82 per share
• Price / Book: 3.79

Miscellaneous

• Outstanding Shares: 35,540,000
• Free Float: 35,283,000
• Market Cap: $4.16 billion
• Optionable: Optionable
• Beta: 0.86