NASDAQ:MKTX MarketAxess (MKTX) Stock Price, News & Analysis $273.65 -0.29 (-0.11%) (As of 10/4/2024 08:50 PM ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About MarketAxess Stock (NASDAQ:MKTX) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Key Stats Today's Range$271.13▼$276.2750-Day Range$221.22▼$273.9452-Week Range$192.42▼$297.97Volume482,300 shsAverage Volume417,127 shsMarket Capitalization$10.37 billionP/E Ratio40.18Dividend Yield1.08%Price Target$240.50Consensus RatingHold Company OverviewMarketAxess 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. government bonds, and other fixed-income securities; and executes bond trades between and among institutional investor and broker-dealer clients in an all-to-all anonymous trading environment for corporate bonds through its Open Trading protocols. It also provides trading-related products and services, including composite+ pricing and other market data products to assist clients with trading decisions; auto-execution and other execution services for clients requiring specialized workflow solutions; connectivity solutions that facilitate straight-through processing; and technology services to optimize trading environments. In addition, the company offers various pre-and post-trade services, such as trade matching, trade publication, regulatory transaction reporting, and market and reference data across a range of fixed-income and other products. MarketAxess Holdings Inc. was incorporated in 2000 and is headquartered in New York, New York.Read More… 25-Yr Wall St Legend: Get Out of Cash before Nov 6 (Ad)Our No. 1 stock for the rare "millionaire window" opening NOW According to Wall Street legend Whitney Tilson, an extremely rare window in the markets is about to open. It's an often-misunderstood market setup we've only seen 13 times since 1920. The last time this happened, it minted a million brand-new millionaires – in a single year. But Tilson says this unique window in the markets could close much sooner than anyone realizes, leaving most investors in the dust, while making a select few incredibly rich.Get our No. 1 stock (with 500%-plus upside potential) for this rare market event now. MarketAxess Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks95th Percentile Overall ScoreMKTX MarketRank™: MarketAxess scored higher than 95% of companies evaluated by MarketBeat, and ranked 144th out of 946 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.0 / 5Analyst RatingHold Consensus RatingMarketAxess has received a consensus rating of Hold. The company's average rating score is 2.09, and is based on 3 buy ratings, 6 hold ratings, and 2 sell ratings.Amount of Analyst CoverageMarketAxess has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about MarketAxess' stock forecast and price target. Earnings and Valuation2.5 / 5Proj. Earnings Growth12.75% Earnings GrowthEarnings for MarketAxess are expected to grow by 12.75% in the coming year, from $7.06 to $7.96 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MarketAxess is 40.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.83.Price to Earnings Ratio vs. SectorThe P/E ratio of MarketAxess is 40.18, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.27.Price to Earnings Growth RatioMarketAxess has a PEG Ratio of 6.04. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioMarketAxess has a P/B Ratio of 8.02. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about MarketAxess' valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted2.20% of the float of MarketAxess has been sold short.Short Interest Ratio / Days to CoverMarketAxess has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in MarketAxess has recently increased by 11.36%, indicating that investor sentiment is decreasing significantly. Dividend4.2 / 5Dividend StrengthStrong Dividend YieldMarketAxess pays a meaningful dividend of 1.08%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMarketAxess has been increasing its dividend for 16 years.Dividend CoverageThe dividend payout ratio of MarketAxess is 43.47%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, MarketAxess will have a dividend payout ratio of 37.19% next year. This indicates that MarketAxess will be able to sustain or increase its dividend.Read more about MarketAxess' dividend. Sustainability and ESG3.2 / 5Environmental Score-0.44 Percentage of Shares Shorted2.20% of the float of MarketAxess has been sold short.Short Interest Ratio / Days to CoverMarketAxess has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in MarketAxess has recently increased by 11.36%, indicating that investor sentiment is decreasing significantly. News and Social Media2.6 / 5News Sentiment0.67 News SentimentMarketAxess has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 26 news articles for MarketAxess this week, compared to 7 articles on an average week.Search Interest5 people have searched for MKTX on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added MarketAxess to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, MarketAxess insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $142,916.00 in company stock.Percentage Held by InsidersOnly 2.66% of the stock of MarketAxess is held by insiders.Percentage Held by Institutions99.01% of the stock of MarketAxess is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about MarketAxess' insider trading history. MKTX Stock News HeadlinesMarketAxess (NASDAQ:MKTX) Given New $325.00 Price Target at CitigroupOctober 5 at 10:46 AM | americanbankingnews.comQ1 2026 Earnings Forecast for MarketAxess Holdings Inc. Issued By William Blair (NASDAQ:MKTX)October 5 at 3:06 AM | americanbankingnews.com25-Yr Wall St Legend: Get Out of Cash before Nov 6Our No. 1 stock for the rare "millionaire window" opening NOW According to Wall Street legend Whitney Tilson, an extremely rare window in the markets is about to open. It's an often-misunderstood market setup we've only seen 13 times since 1920. The last time this happened, it minted a million brand-new millionaires – in a single year. But Tilson says this unique window in the markets could close much sooner than anyone realizes, leaving most investors in the dust, while making a select few incredibly rich.October 7, 2024 | Stansberry Research (Ad)MarketAxess Holdings: Strong Growth Amidst High Yield Market Share Concerns Justifies Hold RatingOctober 4 at 3:27 PM | markets.businessinsider.comWhy Investors Are Eyeing MarketAxess Holdings Inc (MKTX): The Key Drivers of MarketOctober 4 at 11:02 AM | gurufocus.comWhat to Expect From MarketAxess' Q3 2024 Earnings ReportOctober 4 at 8:55 AM | msn.comMarketAxess (NASDAQ:MKTX) Given New $185.00 Price Target at Bank of AmericaOctober 4 at 8:09 AM | americanbankingnews.comMarketAxess (NASDAQ:MKTX) Trading Up 4%October 3, 2024 | americanbankingnews.comSee More Headlines MKTX Stock Analysis - Frequently Asked Questions How have MKTX shares performed this year? MarketAxess' stock was trading at $292.85 at the beginning of 2024. Since then, MKTX shares have decreased by 6.6% and is now trading at $273.65. View the best growth stocks for 2024 here. How were MarketAxess' earnings last quarter? MarketAxess Holdings Inc. (NASDAQ:MKTX) issued its earnings results on Tuesday, August, 6th. The financial services provider reported $1.72 earnings per share for the quarter, beating analysts' consensus estimates of $1.68 by $0.04. MarketAxess's revenue for the quarter was up 9.9% compared to the same quarter last year. Read the conference call transcript. How will MarketAxess' stock buyback program work? MarketAxess' board initiated a share buyback plan on Tuesday, August 6th 2024, which allows the company to buy back $250,000,000 in outstanding shares, according to EventVestor. This means that the company could buy up to 2.8% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's leadership believes its shares are undervalued. Does MarketAxess have any subsidiaries? MarketAxess subsidiaries include LiquidityEdge. Who are MarketAxess' major shareholders? MarketAxess' top institutional shareholders include SG Americas Securities LLC (0.06%), Handelsbanken Fonder AB (0.02%), Czech National Bank (0.02%) and Park Avenue Securities LLC. Insiders that own company stock include Kevin M Mcpherson, Christopher R Concannon, Stephen P Casper, Steven L Begleiter, Christophe Pierre Danie Roupie, Scott Pintoff, Richard Leon Prager and Nicholas Themelis. View institutional ownership trends. How do I buy shares of MarketAxess? Shares of MKTX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of MarketAxess own? Based on aggregate information from My MarketBeat watchlists, some other companies that MarketAxess investors own include NVIDIA (NVDA), PayPal (PYPL), Visa (V), Netflix (NFLX), Advanced Micro Devices (AMD), Broadcom (AVGO) and Intel (INTC). Company Calendar Last Earnings8/06/2024Ex-Dividend for 9/4 Dividend8/21/2024Dividend Payable9/04/2024Today10/06/2024Next Earnings (Estimated)10/23/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Security brokers & dealers Sub-IndustrySpecialized Finance Current SymbolNASDAQ:MKTX CUSIP57060D10 CIK1278021 Webwww.marketaxess.com Phone(212) 813-6000Fax212-813-6390Employees740Year Founded2000Price Target and Rating Average Stock Price Target$240.50 High Stock Price Target$325.00 Low Stock Price Target$185.00 Potential Upside/Downside-12.1%Consensus RatingHold Rating Score (0-4)2.09 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$6.81 Trailing P/E Ratio40.18 Forward P/E Ratio38.76 P/E Growth6.04Net Income$258.05 million Net Margins33.71% Pretax Margin43.55% Return on Equity20.43% Return on Assets13.86% Debt Debt-to-Equity Ratio0.01 Current Ratio2.91 Quick Ratio2.91 Sales & Book Value Annual Sales$777.51 million Price / Sales13.34 Cash Flow$9.42 per share Price / Cash Flow29.05 Book Value$34.11 per share Price / Book8.02Miscellaneous Outstanding Shares37,897,000Free Float36,889,000Market Cap$10.37 billion OptionableOptionable Beta1.08 Social Links This page (NASDAQ:MKTX) was last updated on 10/7/2024 by MarketBeat.com Staff From Our PartnersCRUSHED: How Biden's Replacement Will Devastate Your 401(k)!Kamala Harris isn't just playing politics; she's a serious threat to your financial security. 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