Marex Group plc (MRX)

NASDAQ: MRX · Real-Time Price · USD
33.75
+0.45 (1.35%)
Jan 17, 2025, 4:00 PM EST - Market closed
1.35%
Market Cap 2.46B
Revenue (ttm) 1.54B
Net Income (ttm) 186.55M
Shares Out 72.78M
EPS (ttm) 2.51
PE Ratio 13.43
Forward PE 11.68
Dividend $0.28 (0.83%)
Ex-Dividend Date Nov 25, 2024
Volume 227,230
Open 33.46
Previous Close 33.30
Day's Range 32.81 - 33.76
52-Week Range 18.13 - 34.19
Beta n/a
Analysts Strong Buy
Price Target 33.25 (-1.48%)
Earnings Date Feb 25, 2025

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... [Read more]

Industry Capital Markets
Sector Financials
IPO Date Apr 25, 2024
Employees 2,167
Stock Exchange NASDAQ
Ticker Symbol MRX
Full Company Profile

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 Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for MRX stock is "Strong Buy." The 12-month stock price forecast is $33.25, which is a decrease of -1.48% from the latest price.

Price Target
$33.25
(-1.48% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

7 Dividend Stocks That Just Started Paying Shareholders

Ready for the inaugurations? Yes, with a plural.

Other symbols: ALITGIBLBMTCHOSPNSOBO
1 day ago - Forbes

Marex Group plc Announces Third Quarter 2024 Results

NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Marex Group plc (‘Marex' or the 'Group'; Nasdaq: MRX), a diversified global financial services platform, announces strong results for the third quarter (Q3)...

2 months ago - GlobeNewsWire

Marex Group plc Announces Pricing of the Public Offering

NEW YORK, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Marex Group plc (“Marex”) (Nasdaq: MRX), the diversified global financial services platform, today announces the pricing of the public offering (the “Offeri...

3 months ago - GlobeNewsWire

Marex Group Plc to Announce Third Quarter 2024 Earnings on November 7, 2024

NEW YORK, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Marex Group plc (NASDAQ: MRX) today announced that it will release its fiscal 2024 third quarter results before market open on Thursday, November 7, 2024. T...

3 months ago - GlobeNewsWire

Marex Group plc Announces Launch of a Public Offering

NEW YORK, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Marex Group plc (Nasdaq: MRX) (“Marex”), the diversified global financial services platform, today announces the launch of a public offering of its ordinary...

3 months ago - GlobeNewsWire

Marex Agrees Terms to Acquire UK FX Specialist Hamilton Court Group

LONDON, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Marex Group plc (‘Marex' or the ‘Group'; NASDAQ: MRX), the diversified global financial services platform, today announces that it has agreed terms to acquire...

3 months ago - GlobeNewsWire

Marex Expands in the Middle East with the Acquisition of Aarna Capital

LONDON, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Marex Group plc, the diversified global financial services platform, today announces that it has agreed to acquire Aarna Capital Limited (“Aarna Capital”) to ...

3 months ago - GlobeNewsWire

Marex Acquires Biofuels Company Dropet

LONDON, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Marex Group Plc (NASDAQ: MRX), the diversified global financial services platform, today announces the completion of its acquisition of Dropet, a Spanish biof...

3 months ago - GlobeNewsWire

Key Carbon & Marex Group Announce Carbon Financing and Investment

VANCOUVER, British Columbia and LONDON, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Key Carbon and Marex Group Plc (“Marex”) today announce a partnership whereby Marex will take a minority stake in Key Carbon ...

4 months ago - GlobeNewsWire

Marex Group plc to participate in upcoming Barclays Global Financial Services Conference

NEW YORK, Sept. 06, 2024 (GLOBE NEWSWIRE) -- Marex Group plc (‘Marex' or the ‘Group'), the diversified global financial services platform, today announces that Ian Lowitt, Group Chief Executive Office...

4 months ago - GlobeNewsWire

Commodities broker Marex plans more acquisitions; shares surge after results

British-based commodities broker Marex Group is planning more acquisitions to diversify the company following a U.S. listing, its CEO told Reuters, in the wake of strong interim results that sent shar...

5 months ago - Reuters

Marex Group plc announces 2024 Interim Results

NEW YORK, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Marex Group plc (‘Marex' or the 'Group'; Nasdaq: MRX), a diversified global financial services platform, announces strong results for the six months ended 3...

5 months ago - GlobeNewsWire

Marex Group plc Provides Notice of H1 2024 Results and Conference Call

NEW YORK, July 19, 2024 (GLOBE NEWSWIRE) -- Marex Group Plc (NASDAQ: MRX), the diversified global financial services platform, will announce its first half 2024 results on 14 August 2024 before the ma...

6 months ago - GlobeNewsWire

Marex Opens New Zealand Office

AUCKLAND, New Zealand, July 16, 2024 (GLOBE NEWSWIRE) -- Marex Group Plc (NASDAQ: MRX), the diversified global financial services platform, has opened a new office in Auckland, New Zealand, as it expa...

6 months ago - GlobeNewsWire

Marex Appoints Liz Barrett as Group Head of HR

LONDON, June 18, 2024 (GLOBE NEWSWIRE) -- Marex Group Plc (NASDAQ: MRX), the diversified global financial services platform, has appointed Liz Barrett as Group Head of HR. Liz joins on June 24, and br...

7 months ago - GlobeNewsWire

Marex to offer client clearing of interest rate swaps

Marex will become the first non-bank FCM clearing member to offer client clearing services for interest rate swaps on LCH's SwapClear service. Marex's comprehensive clearing and execution services are...

7 months ago - GlobeNewsWire

Marex Group plc to Participate in Upcoming Piper Sandler Global Exchange & FinTech Conference

NEW YORK, May 31, 2024 (GLOBE NEWSWIRE) -- Marex Group plc (‘Marex' or the ‘Group'), a diversified global financial services platform, today announces that it will be hosting a fireside chat at Piper ...

8 months ago - GlobeNewsWire

Marex Group plc Announces Full Year 2023 Results and Q1 2024 Update

NEW YORK, May 16, 2024 (GLOBE NEWSWIRE) -- Marex Group plc (‘Marex' or the 'Group'), a diversified global financial services platform, announces strong results for the twelve months ended December 31,...

8 months ago - GlobeNewsWire

Marex Group plc to Report FY 2023 Results and Q1 2024 Update on May 16, 2024

NEW YORK, May 13, 2024 (GLOBE NEWSWIRE) -- Marex Group (“Marex”), the diversified global financial services platform, will announce its full year 2023 results and first quarter 2024 update on May 16, ...

9 months ago - GlobeNewsWire

British commodities broker Marex's Nasdaq debut gets lukewarm response

Shares of British commodities broker Marex Group rose 2.6% on Thursday in their market debut on the Nasdaq, notching a valuation of $1.38 billion.

9 months ago - Reuters

British commodities platform Marex prices US IPO at $1.35 bln valuation

British commodities platform Marex Group set the pricing of its U.S. initial public offering at $19 per share on Wednesday, aiming to raise around $292 million.

9 months ago - Reuters

Marex Group plc Announces Pricing of Initial Public Offering

NEW YORK, April 24, 2024 (GLOBE NEWSWIRE) -- Marex Group plc (“Marex”), the diversified global financial services platform, today announces the pricing of its initial public offering (the “IPO”), at $...

9 months ago - GlobeNewsWire

Marex Group plc Announces Launch of Initial Public Offering

NEW YORK, April 15, 2024 (GLOBE NEWSWIRE) -- Marex Group plc (“Marex”), the diversified global financial services platform, today announces that it has launched the initial public offering (the “IPO”)...

10 months ago - GlobeNewsWire

Marex Seeks U.S. IPO As It Produces Growth And Profits

Marex Group plc has filed for a $100 million IPO, seeking public capital market investment for its working capital needs. The company has experienced significant growth in revenue and profit, with a s...

10 months ago - Seeking Alpha

UK trading services provider Marex Group files for an estimated $500 million US IPO

Marex Group, a UK commodities broker and trading services firm, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering.

10 months ago - Renaissance Capital