FY2025 EPS Estimates for MarketAxess Increased by Analyst

MarketAxess Holdings Inc. (NASDAQ:MKTX) – Stock analysts at William Blair boosted their FY2025 earnings per share (EPS) estimates for shares of MarketAxess in a note issued to investors on Thursday, August 7th. William Blair analyst J. Schmitt now anticipates that the financial services provider will post earnings per share of $7.54 for the year, up from their prior estimate of $7.35. The consensus estimate for MarketAxess’ current full-year earnings is $7.79 per share. William Blair also issued estimates for MarketAxess’ Q2 2026 earnings at $2.04 EPS, FY2026 earnings at $8.35 EPS, Q2 2027 earnings at $2.37 EPS and FY2027 earnings at $9.45 EPS.

Several other analysts also recently commented on the company. Piper Sandler restated a “neutral” rating and issued a $204.00 target price (up from $202.00) on shares of MarketAxess in a research note on Tuesday, July 15th. Morgan Stanley dropped their price target on shares of MarketAxess from $283.00 to $274.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 15th. Barclays dropped their price target on shares of MarketAxess from $237.00 to $200.00 and set an “equal weight” rating on the stock in a research report on Thursday. UBS Group dropped their price target on shares of MarketAxess from $295.00 to $255.00 and set a “buy” rating on the stock in a research report on Thursday. Finally, Wall Street Zen raised shares of MarketAxess from a “sell” rating to a “hold” rating in a research report on Saturday. One investment analyst has rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, MarketAxess presently has an average rating of “Hold” and a consensus target price of $232.11.

MarketAxess Price Performance

Shares of MKTX opened at $187.01 on Friday. The stock has a 50-day moving average of $215.61 and a 200-day moving average of $213.56. The company has a market cap of $6.99 billion, a PE ratio of 31.48, a P/E/G ratio of 2.42 and a beta of 0.84. MarketAxess has a one year low of $182.99 and a one year high of $296.68.

MarketAxess (NASDAQ:MKTX) last issued its earnings results on Wednesday, August 6th. The financial services provider reported $2.00 EPS for the quarter, beating the consensus estimate of $1.94 by $0.06. The company had revenue of $219.46 million during the quarter, compared to the consensus estimate of $218.05 million. MarketAxess had a return on equity of 20.41% and a net margin of 26.62%. The firm’s revenue for the quarter was up 11.0% compared to the same quarter last year. During the same period last year, the business posted $1.72 EPS.

MarketAxess Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 3rd. Shareholders of record on Wednesday, August 20th will be given a dividend of $0.76 per share. The ex-dividend date of this dividend is Wednesday, August 20th. This represents a $3.04 annualized dividend and a dividend yield of 1.6%. MarketAxess’s dividend payout ratio (DPR) is currently 51.18%.

Hedge Funds Weigh In On MarketAxess

Several hedge funds have recently modified their holdings of the company. Comerica Bank raised its holdings in shares of MarketAxess by 0.9% in the 1st quarter. Comerica Bank now owns 5,181 shares of the financial services provider’s stock worth $1,121,000 after purchasing an additional 48 shares during the period. DekaBank Deutsche Girozentrale raised its holdings in shares of MarketAxess by 1.0% in the 2nd quarter. DekaBank Deutsche Girozentrale now owns 5,080 shares of the financial services provider’s stock worth $1,105,000 after purchasing an additional 51 shares during the period. MassMutual Private Wealth & Trust FSB raised its holdings in shares of MarketAxess by 49.1% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 164 shares of the financial services provider’s stock worth $35,000 after purchasing an additional 54 shares during the period. State of Wyoming raised its holdings in shares of MarketAxess by 13.6% in the 4th quarter. State of Wyoming now owns 483 shares of the financial services provider’s stock worth $109,000 after purchasing an additional 58 shares during the period. Finally, Federated Hermes Inc. raised its holdings in shares of MarketAxess by 13.0% in the 1st quarter. Federated Hermes Inc. now owns 522 shares of the financial services provider’s stock worth $113,000 after purchasing an additional 60 shares during the period. Institutional investors own 99.01% of the company’s stock.

About MarketAxess

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.