Q1 Earnings Forecast for MarketAxess Issued By William Blair

MarketAxess Holdings Inc. (NASDAQ:MKTX - Free Report) - William Blair issued their Q1 2025 earnings per share estimates for shares of MarketAxess in a research report issued on Tuesday, November 5th. William Blair analyst J. Schmitt forecasts that the financial services provider will earn $2.03 per share for the quarter. The consensus estimate for MarketAxess' current full-year earnings is $7.26 per share. William Blair also issued estimates for MarketAxess' Q2 2025 earnings at $2.09 EPS, Q3 2025 earnings at $2.05 EPS, Q4 2025 earnings at $2.03 EPS, Q1 2026 earnings at $2.28 EPS, Q2 2026 earnings at $2.34 EPS and Q3 2026 earnings at $2.30 EPS.

MarketAxess (NASDAQ:MKTX - Get Free Report) last announced its earnings results on Wednesday, November 6th. The financial services provider reported $1.90 EPS for the quarter, topping the consensus estimate of $1.82 by $0.08. MarketAxess had a return on equity of 20.43% and a net margin of 33.71%. The business had revenue of $206.70 million for the quarter, compared to the consensus estimate of $207.17 million. During the same period in the previous year, the business earned $1.46 EPS. MarketAxess's revenue was up 20.0% compared to the same quarter last year.

A number of other equities research analysts have also commented on the stock. StockNews.com raised shares of MarketAxess from a "sell" rating to a "hold" rating in a report on Wednesday, August 7th. The Goldman Sachs Group raised their price target on shares of MarketAxess from $204.00 to $233.00 and gave the company a "neutral" rating in a report on Monday, September 30th. Keefe, Bruyette & Woods upped their price objective on MarketAxess from $270.00 to $276.00 and gave the stock a "market perform" rating in a report on Thursday. UBS Group lifted their target price on MarketAxess from $330.00 to $335.00 and gave the company a "buy" rating in a research note on Thursday. Finally, Barclays upped their price target on MarketAxess from $237.00 to $268.00 and gave the company an "equal weight" rating in a research note on Monday, October 7th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $263.40.

MarketAxess Price Performance

Shares of MKTX stock traded down $0.46 during trading hours on Thursday, hitting $274.41. 407,932 shares of the company's stock were exchanged, compared to its average volume of 408,917. The stock's 50-day moving average is $269.85 and its 200-day moving average is $232.80. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.91 and a quick ratio of 2.91. MarketAxess has a 52 week low of $192.42 and a 52 week high of $297.97. The stock has a market cap of $10.36 billion, a price-to-earnings ratio of 39.54, a price-to-earnings-growth ratio of 9.04 and a beta of 1.05.

MarketAxess announced that its Board of Directors has approved a stock repurchase program on Tuesday, August 6th that authorizes the company to buyback $250.00 million in outstanding shares. This buyback authorization authorizes the financial services provider to repurchase up to 2.8% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board believes its stock is undervalued.

MarketAxess Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 4th. Stockholders of record on Wednesday, November 20th will be paid a $0.74 dividend. The ex-dividend date is Wednesday, November 20th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.08%. MarketAxess's dividend payout ratio (DPR) is presently 42.65%.

Institutional Investors Weigh In On MarketAxess

Large investors have recently bought and sold shares of the company. Accent Capital Management LLC bought a new stake in shares of MarketAxess in the 3rd quarter valued at $25,000. Goodman Advisory Group LLC bought a new stake in shares of MarketAxess in the second quarter worth about $27,000. Larson Financial Group LLC raised its position in shares of MarketAxess by 2,428.6% during the first quarter. Larson Financial Group LLC now owns 177 shares of the financial services provider's stock worth $39,000 after purchasing an additional 170 shares during the period. Blue Trust Inc. lifted its holdings in shares of MarketAxess by 405.1% during the 2nd quarter. Blue Trust Inc. now owns 197 shares of the financial services provider's stock valued at $43,000 after purchasing an additional 158 shares in the last quarter. Finally, CVA Family Office LLC grew its position in shares of MarketAxess by 47.4% in the 2nd quarter. CVA Family Office LLC now owns 252 shares of the financial services provider's stock valued at $51,000 after purchasing an additional 81 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.