Q1 Earnings Estimate for MarketAxess Issued By William Blair

MarketAxess Holdings Inc. (NASDAQ:MKTX - Free Report) - Investment analysts at William Blair lowered their Q1 2025 earnings per share (EPS) estimates for MarketAxess in a research report issued to clients and investors on Monday, April 14th. William Blair analyst J. Schmitt now anticipates that the financial services provider will earn $1.80 per share for the quarter, down from their prior estimate of $1.97. William Blair has a "Outperform" rating on the stock. The consensus estimate for MarketAxess' current full-year earnings is $7.79 per share. William Blair also issued estimates for MarketAxess' Q2 2025 earnings at $1.96 EPS, Q3 2025 earnings at $1.91 EPS, Q4 2025 earnings at $1.78 EPS, FY2025 earnings at $7.45 EPS and FY2026 earnings at $8.20 EPS.

MarketAxess (NASDAQ:MKTX - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The financial services provider reported $1.73 EPS for the quarter, topping the consensus estimate of $1.70 by $0.03. MarketAxess had a net margin of 33.56% and a return on equity of 20.23%.

Other equities analysts also recently issued research reports about the company. UBS Group decreased their target price on MarketAxess from $305.00 to $295.00 and set a "buy" rating on the stock in a research report on Monday, April 7th. Bank of America boosted their price objective on shares of MarketAxess from $189.00 to $191.00 and gave the company an "underperform" rating in a report on Wednesday, April 2nd. Keefe, Bruyette & Woods dropped their target price on shares of MarketAxess from $251.00 to $225.00 and set a "market perform" rating for the company in a report on Friday, February 7th. Piper Sandler cut their price target on shares of MarketAxess from $220.00 to $213.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 8th. Finally, The Goldman Sachs Group decreased their target price on MarketAxess from $235.00 to $210.00 and set a "neutral" rating for the company in a report on Monday, February 10th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, MarketAxess has an average rating of "Hold" and an average target price of $252.11.

MarketAxess Stock Performance

Shares of MKTX traded up $2.43 during mid-day trading on Tuesday, hitting $225.16. 351,905 shares of the company were exchanged, compared to its average volume of 486,822. MarketAxess has a 1-year low of $186.84 and a 1-year high of $296.68. The stock has a market cap of $8.49 billion, a price-to-earnings ratio of 30.97, a price-to-earnings-growth ratio of 3.89 and a beta of 1.12. The company has a 50 day moving average of $206.94 and a 200-day moving average of $234.55.

MarketAxess Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 5th. Investors of record on Wednesday, February 19th were paid a dividend of $0.76 per share. This represents a $3.04 dividend on an annualized basis and a yield of 1.35%. The ex-dividend date of this dividend was Wednesday, February 19th. This is an increase from MarketAxess's previous quarterly dividend of $0.74. MarketAxess's dividend payout ratio (DPR) is currently 41.82%.

Institutional Investors Weigh In On MarketAxess

Several hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. raised its stake in MarketAxess by 2.1% during the 4th quarter. Vanguard Group Inc. now owns 4,434,946 shares of the financial services provider's stock valued at $1,002,475,000 after acquiring an additional 90,805 shares during the last quarter. FMR LLC raised its stake in shares of MarketAxess by 17.4% during the fourth quarter. FMR LLC now owns 2,300,536 shares of the financial services provider's stock worth $520,013,000 after purchasing an additional 341,493 shares during the last quarter. T. Rowe Price Investment Management Inc. raised its stake in shares of MarketAxess by 11.4% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,298,409 shares of the financial services provider's stock worth $519,533,000 after purchasing an additional 236,118 shares during the last quarter. Van ECK Associates Corp lifted its holdings in shares of MarketAxess by 13.4% during the fourth quarter. Van ECK Associates Corp now owns 2,000,736 shares of the financial services provider's stock worth $452,246,000 after purchasing an additional 236,497 shares during the period. Finally, Primecap Management Co. CA grew its position in MarketAxess by 2.3% in the 4th quarter. Primecap Management Co. CA now owns 1,369,102 shares of the financial services provider's stock valued at $309,472,000 after buying an additional 30,180 shares during the last quarter. Institutional investors and hedge funds own 99.01% of the company's stock.

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.