MarketAxess Holdings Inc. (MKTX)

NASDAQ: MKTX · Real-Time Price · USD
230.15
+1.64 (0.72%)
Dec 20, 2024, 4:00 PM EST - Market closed
0.72%
Market Cap 8.68B
Revenue (ttm) 811.94M
Net Income (ttm) 278.67M
Shares Out 37.70M
EPS (ttm) 7.39
PE Ratio 31.15
Forward PE 29.35
Dividend $2.96 (1.29%)
Ex-Dividend Date Nov 20, 2024
Volume 677,566
Open 228.26
Previous Close 228.51
Day's Range 227.09 - 230.81
52-Week Range 192.42 - 297.97
Beta 1.01
Analysts Hold
Price Target 265.50 (+15.36%)
Earnings Date Jan 29, 2025

About MKTX

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. 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 ... [Read more]

Industry Capital Markets
Sector Financials
IPO Date Nov 5, 2004
Employees 881
Stock Exchange NASDAQ
Ticker Symbol MKTX
Full Company Profile

Financial Performance

In 2023, MarketAxess Holdings's revenue was $752.55 million, an increase of 4.77% compared to the previous year's $718.30 million. Earnings were $258.06 million, an increase of 3.13%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for MKTX stock is "Hold." The 12-month stock price forecast is $265.5, which is an increase of 15.36% from the latest price.

Price Target
$265.5
(15.36% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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13 days ago - Seeking Alpha

MarketAxess: A Forgotten Stock Worth Buying On The Dip

MarketAxess reported strong Q3'24 results with revenue of $207 million, driven by increased market volumes and impressive operating leverage, leading to a 30% EPS growth. The company's global strategy...

15 days ago - Seeking Alpha

MarketAxess Expands AI-Powered Pricing Engine to Cover Municipal Bonds

NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced that CP+, the AI-powered, algori...

16 days ago - Business Wire

MarketAxess Announces Trading Volume Statistics for November 2024

NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced trading volume and preliminary v...

17 days ago - Business Wire

MarketAxess to Participate in the Goldman Sachs Financial Services Conference

NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced that Chris Concannon, Chief Exec...

17 days ago - Business Wire

Powell's ‘Revenge' On Trump Could Mean 239% Upside For This Stock

Six summers ago, Donald Trump lamented privately to Republican donors that he expected Jay Powell to be a “cheap money” Fed chair. To the President's chagrin, Powell had recently raised interest rates...

4 weeks ago - Forbes

MarketAxess: Operating Leverage Returns In Q3 2024, Reiterate Hold On Market Share Trends

MarketAxess demonstrated strong operating leverage in 3Q24, with 20% Y/Y revenue growth and a 330bps increase in operating margin. Market share trends remain soft, with declines in U.S. High Grade and...

6 weeks ago - Seeking Alpha

MarketAxess Holdings Inc. (MKTX) Q3 2024 Earnings Conference Call Transcript

MarketAxess Holdings Inc. (NASDAQ:MKTX) Q3 2024 Earnings Conference Call November 6, 2024 10:00 AM ET Company Participants Steve Davidson - Head, IR Chris Concannon - CEO Rich Schiffman - Global Head...

6 weeks ago - Seeking Alpha

MarketAxess beats quarterly profit estimates on robust bond trading

Bond trading platform MarketAxess Holdings beat third-quarter profit estimates on Wednesday, helped by strong activity in the bond market.

6 weeks ago - Reuters

MarketAxess Reports Third Quarter 2024 Financial Results

NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced financial results for the third ...

6 weeks ago - Business Wire

Rick McVey to Retire from MarketAxess

NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced that Founder and Executive Chair...

6 weeks ago - Business Wire

MarketAxess Announces Trading Volume Statistics for October

NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced trading volume and preliminary v...

6 weeks ago - Business Wire

S&P Global Market Intelligence and MarketAxess Announce Strategic Fixed-Income Data Partnership

NEW YORK , Oct. 31, 2024 /PRNewswire/ -- S&P Global Market Intelligence (SPGMI), a leading provider of information services and solutions to the global markets, and MarketAxess Holdings Inc. (Nasdaq: ...

Other symbols: SPGI
7 weeks ago - PRNewsWire

MarketAxess: Expectation Of Breakthrough Earnings Growth

MarketAxess leads in fixed income trading, offering diverse liquidity and cost-saving solutions, with 86.9% of revenue from commissions on its main trading platforms. Despite strong financials and pro...

2 months ago - Seeking Alpha

MarketAxess to Host Conference Call Announcing Third Quarter 2024 Financial Results on Wednesday, November 6, 2024

NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX) the operator of a leading electronic trading platform for fixed-income securities, will issue a press release announcing its third q...

2 months ago - Business Wire

Are Tradeweb and MarketAxess stocks rare hidden gems?

Tradeweb (TW) and MarketAxess (MKTX) stocks have done well in the past few months, helped by the rising demand for fixed income solutions. MKTX has soared to $280, up by over 45% from its lowest point...

Other symbols: TW
2 months ago - Invezz

Why Investors Are Eyeing MarketAxess Holdings Inc (MKTX): The Key Drivers of Market

MarketAxess Holdings Inc (MKTX, Financial) has recently captured the attention of investors and financial analysts alike, thanks to its strong financial performance and promising growth trajectory. Wi...

2 months ago - GuruFocus

MarketAxess Announces Trading Volume Statistics for September and Third Quarter 2024

NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced trading volume and preliminary v...

2 months ago - Business Wire

Top 50 High Quality Dividend Stocks - September 2024 Results

I track 50 high-quality dividend stocks, updating their valuations daily to identify Strong Buy, Buy, Hold, and Trim opportunities based on historical free cash flow trends. September's performance: S...

2 months ago - Seeking Alpha

MarketAxess Announces Expanded Partnership with BlackRock to Deliver Enhanced Connectivity and Efficiency to Global Credit Markets

NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced an expansion of its decade-long ...

3 months ago - Business Wire

MarketAxess: August Volume Report Shows Strong YOY Growth, But Market Share Continues To Decline

Reiterating HOLD rating on MKTX due to recent market share decline in U.S. High Grade and High Yield credit, despite strong ADNV growth. August 2024 metrics show significant Y/Y growth in ADNV across ...

3 months ago - Seeking Alpha

MarketAxess Announces Monthly Volume Statistics for August 2024

NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced trading volume and preliminary v...

3 months ago - Business Wire

MarketAxess to Participate in the Barclays Global Financial Services Conference

NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced that Chris Concannon, Chief Exec...

3 months ago - Business Wire

50 High Quality Dividend Stocks To Own For The Long Term

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4 months ago - Seeking Alpha

13 stocks to consider if you're able to brave recession fears

Now that stock investors are beginning to realize that a recession isn't on the way, the U.S. market will get back to doing what is up to before the August swoon: showing strength beyond the Magnifice...

4 months ago - Market Watch