Marex Group plc (MRX)

Market Cap	2.20B
Revenue (ttm)	1.54B
Net Income (ttm)	186.55M
Shares Out	72.78M
EPS (ttm)	2.51
PE Ratio	12.01
Forward PE	10.54
Dividend	$0.28 (0.93%)
Ex-Dividend Date	Nov 25, 2024

Volume	352,220
Open	28.83
Previous Close	28.80
Day's Range	28.82 - 30.47
52-Week Range	18.13 - 32.45
Beta	n/a
Analysts	Strong Buy
Price Target	31.75 (+5.2%)
Earnings Date	Nov 7, 2024

About MRX

Marex Group plc, a financial services platform, provides liquidity, market access, and infrastructure services to clients in the energy, commodities, and financial markets. It operates through four segments: Market Making, Clearing, Agency and Execution, and Hedging and Investment Solutions. The company offers execution and clearing services in metals, agricultural products, and financial futures and options; liquidity and execution services for financial securities through trading desks that cover products, including foreign exchange, equities...

• Industry: Capital Markets
• Sector: Financials
• IPO Date: Apr 25, 2024
• Employees: 2,167
• Stock Exchange: NASDAQ
• Ticker Symbol: MRX
• Website: https://www.marex.com

Financial Performance

In 2023, Marex Group's revenue was $1.88 billion, an increase of 86.29% compared to the previous year's $1.01 billion. Earnings were $141.30 million, an increase of 43.89%.

Financial numbers in USD

Analyst Forecast

According to 8 analysts, the average rating for MRX stock is "Strong Buy." The 12-month stock price forecast is $31.75, which is an increase of 5.20% from the latest price.

Price Target

$31.75

(5.20% upside)

Analyst Consensus: Strong Buy