
MarketAxess Holdings Inc. (NASDAQ:MKTX – Free Report) – Research analysts at Zacks Research cut their FY2026 earnings estimates for MarketAxess in a research report issued to clients and investors on Thursday, November 5th. Zacks Research analyst Team now anticipates that the financial services provider will earn $7.89 per share for the year, down from their previous estimate of $7.98. The consensus estimate for MarketAxess’ current full-year earnings is $7.98 per share. Zacks Research also issued estimates for MarketAxess’ Q4 2026 earnings at $1.83 EPS, Q2 2027 earnings at $2.14 EPS, Q3 2027 earnings at $2.15 EPS, Q4 2027 earnings at $2.00 EPS, FY2027 earnings at $8.60 EPS, Q1 2028 earnings at $2.27 EPS, Q2 2028 earnings at $2.17 EPS, Q3 2028 earnings at $2.10 EPS and FY2028 earnings at $8.66 EPS.
MarketAxess (NASDAQ:MKTX – Get Free Report) last released its quarterly earnings data on Friday, October 23rd. The financial services provider reported $1.86 earnings per share for the quarter, missing analysts’ consensus estimates of $1.95 by ($0.09). The firm had revenue of $210.41 million during the quarter, compared to analyst estimates of $218.98 million. MarketAxess had a return on equity of 22.75% and a net margin of 33.51%. The firm’s revenue was up .8% on a year-over-year basis. During the same period last year, the business earned $1.84 EPS.
MKTX has been the topic of several other research reports. Weiss Ratings upgraded shares of MarketAxess from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, October 29th. Barclays lifted their price target on MarketAxess from $132.00 to $167.00 and gave the company an “equal weight” rating in a report on Monday, August 10th. Piper Sandler decreased their price objective on MarketAxess from $175.00 to $128.00 and set a “neutral” rating for the company in a report on Wednesday, July 15th. William Blair cut MarketAxess from an “outperform” rating to a “market perform” rating in a research report on Thursday, July 30th. Finally, UBS Group cut MarketAxess from a “buy” rating to a “neutral” rating and lowered their target price for the company from $200.00 to $167.00 in a research report on Friday, July 31st. One investment analyst has rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $159.44.
Check Out Our Latest Analysis on MKTX
MarketAxess Trading Down 0.4%
MarketAxess stock opened at $165.08 on Monday. The company has a quick ratio of 1.85, a current ratio of 2.01 and a debt-to-equity ratio of 0.07. The firm has a 50-day moving average price of $164.21 and a two-hundred day moving average price of $155.24. The firm has a market capitalization of $5.81 billion, a price-to-earnings ratio of 21.40, a PEG ratio of 2.22 and a beta of 0.83. MarketAxess has a 52-week low of $108.75 and a 52-week high of $195.96.
MarketAxess Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Wednesday, November 11th will be paid a $0.78 dividend. The ex-dividend date of this dividend is Tuesday, November 10th. This represents a $3.12 annualized dividend and a dividend yield of 1.9%. MarketAxess’s payout ratio is currently 38.19%.
Insider Activity
In related news, Director William Cruger, Jr. sold 6,164 shares of the business’s stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $163.20, for a total value of $1,005,964.80. Following the sale, the director directly owned 4,033 shares in the company, valued at $658,185.60. The trade was a 60.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last 90 days, insiders have sold 6,464 shares of company stock valued at $1,055,242. Insiders own 0.72% of the company’s stock.
Institutional Trading of MarketAxess
Large investors have recently added to or reduced their stakes in the business. BlackRock Inc. bought a new position in shares of MarketAxess in the second quarter valued at $453,941,000. Primecap Management Co. CA bought a new stake in shares of MarketAxess during the 2nd quarter worth $397,772,000. North Reef Capital Management LP boosted its stake in shares of MarketAxess by 16.5% during the 1st quarter. North Reef Capital Management LP now owns 1,875,000 shares of the financial services provider’s stock worth $309,338,000 after acquiring an additional 265,670 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of MarketAxess by 10.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 581,484 shares of the financial services provider’s stock worth $95,933,000 after acquiring an additional 54,503 shares in the last quarter. Finally, Azora Capital LP acquired a new position in shares of MarketAxess in the 2nd quarter worth $58,230,000. 99.01% of the stock is currently owned by institutional investors.
MarketAxess Company Profile
MarketAxess Holdings Inc. operates an electronic trading platform for fixed-income securities. Its marketplace connects institutional investors and broker-dealers, enabling them to trade bonds and other debt instruments through electronic tools such as request-for-quote and open trading protocols. The platform supports trading across a range of fixed-income markets, including U.S. and European corporate bonds, U.S. Treasuries, municipal bonds, emerging-market debt and other securities. MarketAxess also provides market data and trading analytics to help clients assess prices and make trading decisions.
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