MarketAxess (MKTX) Stock Price, News & Analysis

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MarketAxess in the last twelve months. There are currently 2 sell ratings, 5 hold ratings and 3 buy ratings 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.

10 Wall Street research analysts have issued 1-year price objectives for MarketAxess' shares. Their MKTX share price targets range from $199.00 to $315.00. On average, they anticipate the company's stock price to reach $252.80 in the next year. This suggests a possible upside of 24.7% from the stock's current price.
View analysts price targets for MKTX or view top-rated stocks among Wall Street analysts.

MarketAxess' stock was trading at $292.85 on January 1st, 2024. Since then, MKTX shares have decreased by 30.8% and is now trading at $202.77.
View the best growth stocks for 2024 here.

MarketAxess saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 1,160,000 shares, a drop of 17.7% from the March 15th total of 1,410,000 shares. Based on an average trading volume of 434,200 shares, the days-to-cover ratio is currently 2.7 days. Currently, 3.1% of the company's stock are sold short.
View MarketAxess' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our MKTX earnings forecast.

MarketAxess Holdings Inc. (NASDAQ:MKTX) posted its earnings results on Wednesday, January, 31st. The financial services provider reported $1.84 EPS for the quarter, beating the consensus estimate of $1.73 by $0.11. The financial services provider had revenue of $197.20 million for the quarter, compared to the consensus estimate of $196.70 million. MarketAxess had a net margin of 34.29% and a trailing twelve-month return on equity of 21.76%. MarketAxess's quarterly revenue was up 10.8% on a year-over-year basis. During the same period in the prior year, the business earned $1.58 EPS.
Read the conference call transcript.

MarketAxess declared a quarterly dividend on Thursday, January 18th. Stockholders of record on Wednesday, February 14th will be paid a dividend of $0.74 per share on Wednesday, February 28th. This represents a $2.96 annualized dividend and a yield of 1.46%. The ex-dividend date is Tuesday, February 13th. This is a positive change from the stock's previous quarterly dividend of $0.72.
Read our dividend analysis for MKTX.

MarketAxess (NASDAQ:MKTX) pays an annual dividend of $2.96 per share and currently has a dividend yield of 1.39%. The company has been increasing its dividend for 16 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 43.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MKTX will have a dividend payout ratio of 36.36% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MKTX.

ETFs with the largest weight of MarketAxess (NASDAQ:MKTX) stock in their portfolio include Horizon Kinetics Blockchain Development ETF (BCDF), Formidable Fortress ETF (KONG), VanEck Morningstar Wide Moat ETF (MOAT), VanEck Morningstar ESG Moat ETF (MOTE), Fundamentals First ETF (KNOW), ALPS O'Shares U.S. Small-Cap Quality Dividend ETF (OUSM), SPDR S&P Capital Markets ETF (KCE) and BlackRock Future Innovators ETF (BFTR).

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.

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' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Norris Perne & French LLP MI (0.09%), Los Angeles Capital Management LLC (0.04%), Bangor Savings Bank (0.02%), Mather Group LLC. (0.00%), Riverview Trust Co (0.00%) and GAMMA Investing LLC (0.00%). Insiders that own company stock include Antonio L Delise, Christophe Pierre Danie Roupie, Christopher R Concannon, Kevin M Mcpherson, Kevin M Mcpherson, Nicholas Themelis, Richard Leon Prager, Richard M Mcvey, Scott Pintoff and Steven L Begleiter.
View institutional ownership trends.

Shares of MKTX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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