Q4 EPS Estimates for MarketAxess Lowered by Zacks Research

MarketAxess Holdings Inc. (NASDAQ:MKTX) – Equities researchers at Zacks Research decreased their Q4 2026 earnings per share (EPS) estimates for MarketAxess in a note issued to investors on Wednesday, May 21st. Zacks Research analyst R. Department now forecasts that the financial services provider will earn $2.12 per share for the quarter, down from their prior estimate of $2.24. The consensus estimate for MarketAxess’ current full-year earnings is $7.79 per share.

MarketAxess (NASDAQ:MKTX) last released its quarterly earnings data on Wednesday, May 7th. The financial services provider reported $1.87 EPS for the quarter, beating analysts’ consensus estimates of $1.82 by $0.05. MarketAxess had a return on equity of 20.23% and a net margin of 33.56%. The firm had revenue of $208.58 million for the quarter, compared to analysts’ expectations of $211.81 million. During the same period in the prior year, the firm posted $1.92 earnings per share. The firm’s quarterly revenue was down .8% on a year-over-year basis.

A number of other analysts have also issued reports on the company. Bank of America boosted their target price on MarketAxess from $189.00 to $191.00 and gave the company an “underperform” rating in a research report on Wednesday, April 2nd. Piper Sandler cut their target price on MarketAxess from $213.00 to $202.00 and set a “neutral” rating on the stock in a research report on Thursday, May 8th. Morgan Stanley boosted their target price on MarketAxess from $263.00 to $283.00 and gave the company an “overweight” rating in a research report on Thursday, May 8th. Barclays boosted their target price on MarketAxess from $232.00 to $240.00 and gave the company an “equal weight” rating in a research report on Thursday, May 8th. Finally, The Goldman Sachs Group cut their target price on MarketAxess from $235.00 to $210.00 and set a “neutral” rating on the stock in a research report on Monday, February 10th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $241.78.

MarketAxess Stock Performance

MKTX opened at $217.85 on Monday. MarketAxess has a one year low of $186.84 and a one year high of $296.68. The stock has a market capitalization of $8.17 billion, a PE ratio of 29.97, a P/E/G ratio of 3.89 and a beta of 0.89. The business’s 50 day moving average price is $217.95 and its 200 day moving average price is $222.81.

Institutional Trading of MarketAxess

Large investors have recently modified their holdings of the stock. Global X Japan Co. Ltd. increased its position in shares of MarketAxess by 179.5% during the fourth quarter. Global X Japan Co. Ltd. now owns 109 shares of the financial services provider’s stock worth $25,000 after acquiring an additional 70 shares during the period. Allianz SE purchased a new stake in shares of MarketAxess during the fourth quarter worth $27,000. Geneos Wealth Management Inc. increased its position in shares of MarketAxess by 200.0% during the first quarter. Geneos Wealth Management Inc. now owns 120 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 80 shares during the period. Smartleaf Asset Management LLC increased its position in shares of MarketAxess by 495.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 125 shares of the financial services provider’s stock worth $28,000 after acquiring an additional 104 shares during the period. Finally, SRS Capital Advisors Inc. grew its stake in shares of MarketAxess by 13,900.0% during the fourth quarter. SRS Capital Advisors Inc. now owns 140 shares of the financial services provider’s stock worth $32,000 after purchasing an additional 139 shares in the last quarter. Hedge funds and other institutional investors own 99.01% of the company’s stock.

MarketAxess Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 4th. Stockholders of record on Wednesday, May 21st will be given a dividend of $0.76 per share. This represents a $3.04 dividend on an annualized basis and a dividend yield of 1.40%. The ex-dividend date of this dividend is Wednesday, May 21st. MarketAxess’s dividend payout ratio is currently 52.87%.

MarketAxess Company Profile

MarketAxess Holdings Inc, together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer companies worldwide. The company offers trading technology that provides liquidity access in U.S. high-grade bonds, U.S. high-yield bonds, emerging market debt, eurobonds, municipal bonds, U.S.