MarketAxess (MKTX) Stock Price, News & Analysis

Company Overview

MarketAxess Holdings Inc. operates an electronic trading platform for fixed-income securities and related market data services. The company connects institutional investors, broker-dealers and other market participants, enabling them to trade corporate bonds, government bonds, emerging-market debt and other credit products through digital workflows.

Its offerings include electronic request-for-quote trading, all-to-all trading through its Open Trading marketplace, portfolio trading, and tools designed to support pricing, liquidity discovery and trade execution. MarketAxess also provides fixed-income market data, analytics and post-trade services intended to help clients manage and automate their trading activities.

Founded in 2000, MarketAxess serves institutional fixed-income markets across North America, Europe, Latin America and the Asia-Pacific region. The company is headquartered in New York City and trades on the Nasdaq Global Select Market under the symbol MKTX. Richard McVey, the company’s founder, serves as executive chairman, while Chris Concannon is chief executive officer.

Key Stats

• Today's Range: $164.61 to $164.82
• 50-Day Range: $161.74 to $164.67
• 52-Week Range: $108.75 to $195.96
• Volume: 982,285 shs
• Average Volume: 803,831 shs
• Market Capitalization: $5.79 billion
• P/E Ratio: 19.42
• Dividend Yield: 1.89%
• Price Target: $159.44
• Consensus Rating: Hold

MarketAxess Stock Analysis - MarketRank™

MarketAxess scored higher than 52% of companies evaluated by MarketBeat, and ranked 598th out of 847 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: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

MarketAxess has received a consensus rating of Hold. The company's average rating score is 2.08, and is based on no strong buy ratings, 1 buy rating, 12 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for MarketAxess is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

MarketAxess has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 8.66%

Earnings Growth

Earnings for MarketAxess are expected to grow by 8.66% in the coming year, from $8.08 to $8.78 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of MarketAxess is 19.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.78.

Price to Earnings Ratio vs. Sector

The P/E ratio of MarketAxess is 19.42, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 25.35.

Price to Earnings Growth Ratio

MarketAxess has a PEG Ratio of 2.16. 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 5.34. 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

9.17% 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 3.39, 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 36.56%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

MarketAxess pays a meaningful dividend of 1.89%, 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 36.79%. 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: 1.1 / 5
• News Sentiment: -0.20

News Sentiment

MarketAxess has a news sentiment score of -0.20. 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 0.60 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for MarketAxess this week, compared to 5 articles on an average week.

MarketBeat Follows

Only 1 people have added MarketAxess to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 $1,055,022.00 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

• Record date for 9/2 Dividend: 8/19/2026
• Ex-Dividend for 9/2 Dividend: 8/19/2026
• Dividend Payable: 9/02/2026
• Last Earnings: 10/23/2026
• Today: 10/24/2026
• Next Earnings (Estimated): 11/06/2026
• Ex-Dividend for 11/25 Dividend: 11/10/2026
• Record date for 11/25 Dividend: 11/11/2026
• Dividend Payable: 11/25/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Capital Markets
• Sub-Industry: Financial Exchanges & Data
• Current Symbol: NASDAQ:MKTX
• CIK: 1278021
• Web: www.marketaxess.com
• Phone: (212) 831-6000
• Fax: 212-813-6390
• Employees: 868
• Year Founded: 2000

Price Target and Rating

• Average Price Target for MarketAxess: $159.44
• High Price Target: $205.00
• Low Price Target: $128.00
• Potential Upside/Downside: -3.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.08
• Research Coverage: 13 Analysts

Profitability

• EPS (Trailing Twelve Months): $8.48
• Trailing P/E Ratio: 19.42
• Forward P/E Ratio: 20.38
• P/E Growth: 2.16
• Net Income: $246.63 million
• Net Margins: 35.22%
• Pretax Margin: 42.19%
• Return on Equity: 22.48%
• Return on Assets: 12.84%

Debt

• Debt-to-Equity Ratio: 0.09
• Current Ratio: 1.85
• Quick Ratio: 1.85

Sales & Book Value

• Annual Sales: $846.27 million
• Price / Sales: 6.85
• Cash Flow: $9.65 per share
• Price / Cash Flow: 17.07
• Book Value: $30.82 per share
• Price / Book: 5.34

Miscellaneous

• Outstanding Shares: 35,190,000
• Free Float: 34,940,000
• Market Cap: $5.79 billion
• Optionable: Optionable
• Beta: 0.80