Marex Group plc (MRX)
Market Cap | 1.36B |
Revenue (ttm) | 1,245 |
Net Income (ttm) | 128 |
Shares Out | 70.82M |
EPS (ttm) | 1.09 |
PE Ratio | 17.62 |
Forward PE | 7.75 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 44,848 |
Open | 19.51 |
Previous Close | 19.43 |
Day's Range | 19.14 - 19.51 |
52-Week Range | 18.13 - 23.45 |
Beta | n/a |
Analysts | Strong Buy |
Price Target | 26.29 (+36.86%) |
Earnings Date | Aug 25, 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... [Read more]
Financial Performance
In 2023, Marex Group's revenue was $1,245, an increase of 75.11% compared to the previous year's $711. Earnings were $128, an increase of 39.13%.
Financial numbers in USD Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for MRX stock is "Strong Buy." The 12-month stock price forecast is $26.29, which is an increase of 36.86% from the latest price.
News
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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...
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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...
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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 ...
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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,...
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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, ...
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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.
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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.
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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 $...
![](https://cdn.snapi.dev/images/v1/g/k/press14-2371520.jpg)
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”)...
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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.
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Britain's Marex Group reports 75% surge in annual revenue in US IPO filing
British commodities broker Marex Group reported a 75% jump in annual revenue in a filing on Tuesday, three months after it confidentially filed to list in the United States.
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Marex Group plc Announces Filing of Registration Statement
Marex Group, the diversified global financial services platform, today announces that it has publicly filed a registration statement...
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Marex Group IPO Registration Document (F-1)
Marex Group has filed to go public with an IPO on the NASDAQ.