MarketAxess Holdings Inc. (NASDAQ:MKTX - Free Report) - Research analysts at William Blair lowered their Q2 2025 EPS estimates for MarketAxess in a report released on Wednesday, November 6th. William Blair analyst J. Schmitt now expects that the financial services provider will post earnings of $2.08 per share for the quarter, down from their previous estimate of $2.09. The consensus estimate for MarketAxess' current full-year earnings is $7.33 per share. William Blair also issued estimates for MarketAxess' Q1 2026 earnings at $2.27 EPS and Q2 2026 earnings at $2.32 EPS.
Other equities analysts also recently issued research reports about the stock. Keefe, Bruyette & Woods lifted their target price on shares of MarketAxess from $270.00 to $276.00 and gave the stock a "market perform" rating in a research note on Thursday. Barclays boosted their target price on shares of MarketAxess from $237.00 to $268.00 and gave the company an "equal weight" rating in a report on Monday, October 7th. Morgan Stanley raised their price target on MarketAxess from $262.00 to $314.00 and gave the stock an "equal weight" rating in a report on Thursday, October 17th. The Goldman Sachs Group boosted their price objective on MarketAxess from $204.00 to $233.00 and gave the company a "neutral" rating in a research note on Monday, September 30th. Finally, StockNews.com upgraded MarketAxess from a "sell" rating to a "hold" rating in a research note on Wednesday, August 7th. Two 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's stock. Based on data from MarketBeat.com, MarketAxess has a consensus rating of "Hold" and an average price target of $267.50.
View Our Latest Report on MarketAxess
MarketAxess Trading Up 0.6 %
Shares of MKTX stock traded up $1.60 on Monday, hitting $276.28. 64,997 shares of the stock were exchanged, compared to its average volume of 407,193. MarketAxess has a one year low of $192.42 and a one year high of $297.97. The firm's 50 day moving average is $270.50 and its two-hundred day moving average is $233.69. The firm has a market capitalization of $10.42 billion, a PE ratio of 37.57, a P/E/G ratio of 8.55 and a beta of 1.05.
MarketAxess (NASDAQ:MKTX - Get Free Report) last announced its quarterly earnings data on Wednesday, November 6th. The financial services provider reported $1.90 earnings per share for the quarter, beating the consensus estimate of $1.85 by $0.05. The business had revenue of $206.70 million during the quarter, compared to analyst estimates of $207.17 million. MarketAxess had a return on equity of 20.93% and a net margin of 34.32%. MarketAxess's revenue was up 20.0% compared to the same quarter last year. During the same period in the prior year, the company earned $1.46 earnings per share.
MarketAxess declared that its Board of Directors has approved a share repurchase program on Tuesday, August 6th that allows the company to repurchase $250.00 million in outstanding shares. This repurchase authorization allows the financial services provider to reacquire up to 2.8% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's leadership believes its shares are undervalued.
MarketAxess Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 4th. Stockholders of record on Wednesday, November 20th will be given a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a dividend yield of 1.07%. The ex-dividend date is Wednesday, November 20th. MarketAxess's dividend payout ratio (DPR) is currently 40.11%.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently added to or reduced their stakes in MKTX. Accent Capital Management LLC purchased a new position in shares of MarketAxess in the 3rd quarter worth about $25,000. Goodman Advisory Group LLC purchased a new stake in MarketAxess in the second quarter worth approximately $27,000. Blue Trust Inc. grew its position in MarketAxess by 405.1% during the second quarter. Blue Trust Inc. now owns 197 shares of the financial services provider's stock valued at $43,000 after acquiring an additional 158 shares during the last quarter. CVA Family Office LLC raised its stake in shares of MarketAxess by 47.4% during the second quarter. CVA Family Office LLC now owns 252 shares of the financial services provider's stock worth $51,000 after acquiring an additional 81 shares in the last quarter. Finally, Exchange Traded Concepts LLC bought a new stake in shares of MarketAxess in the 3rd quarter worth approximately $54,000. 99.01% of the stock is currently owned by hedge funds and other institutional investors.
About MarketAxess
(
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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.
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