Zacks Research Forecasts Lower Earnings for MarketAxess

MarketAxess Holdings Inc. (NASDAQ:MKTX) – Analysts at Zacks Research lowered their Q1 2025 earnings per share (EPS) estimates for MarketAxess in a note issued to investors on Thursday, February 20th. Zacks Research analyst R. Department now expects that the financial services provider will earn $1.86 per share for the quarter, down from their previous estimate of $2.09. The consensus estimate for MarketAxess’ current full-year earnings is $7.79 per share. Zacks Research also issued estimates for MarketAxess’ Q2 2025 earnings at $1.86 EPS, Q3 2025 earnings at $1.94 EPS, FY2025 earnings at $7.66 EPS, Q2 2026 earnings at $2.12 EPS, Q3 2026 earnings at $2.14 EPS, Q4 2026 earnings at $2.24 EPS and FY2026 earnings at $8.67 EPS.

MKTX has been the subject of a number of other reports. Keefe, Bruyette & Woods cut their target price on MarketAxess from $251.00 to $225.00 and set a “market perform” rating for the company in a research note on Friday, February 7th. Barclays cut their target price on MarketAxess from $256.00 to $225.00 and set an “equal weight” rating for the company in a research note on Friday, February 7th. UBS Group cut their target price on MarketAxess from $330.00 to $305.00 and set a “buy” rating for the company in a research note on Friday, February 7th. The Goldman Sachs Group cut their target price on MarketAxess from $235.00 to $210.00 and set a “neutral” rating for the company in a research note on Monday, February 10th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on MarketAxess from $258.00 to $264.00 and gave the company a “hold” rating in a research note on Monday, November 11th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $254.78.

MarketAxess Trading Up 2.2 %

MKTX opened at $193.96 on Monday. MarketAxess has a 1-year low of $186.84 and a 1-year high of $296.68. The stock has a market capitalization of $7.31 billion, a price-to-earnings ratio of 26.68, a P/E/G ratio of 3.89 and a beta of 1.02. The business has a 50 day moving average of $216.37 and a 200-day moving average of $244.91.

MarketAxess (NASDAQ:MKTX) last posted its quarterly earnings data on Thursday, February 6th. The financial services provider reported $1.73 earnings per share for the quarter, beating the consensus estimate of $1.70 by $0.03. MarketAxess had a return on equity of 20.23% and a net margin of 33.56%.

Institutional Trading of MarketAxess

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Mackenzie Financial Corp increased its stake in shares of MarketAxess by 20.8% in the fourth quarter. Mackenzie Financial Corp now owns 1,424 shares of the financial services provider’s stock valued at $322,000 after buying an additional 245 shares in the last quarter. Toronto Dominion Bank increased its stake in shares of MarketAxess by 4.0% in the fourth quarter. Toronto Dominion Bank now owns 25,721 shares of the financial services provider’s stock valued at $5,813,000 after buying an additional 984 shares in the last quarter. Public Employees Retirement System of Ohio increased its stake in shares of MarketAxess by 4.2% in the fourth quarter. Public Employees Retirement System of Ohio now owns 14,937 shares of the financial services provider’s stock valued at $3,376,000 after buying an additional 598 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of MarketAxess by 17.3% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 294,650 shares of the financial services provider’s stock valued at $66,603,000 after buying an additional 43,455 shares in the last quarter. Finally, Woodline Partners LP acquired a new stake in shares of MarketAxess in the fourth quarter valued at $512,000. 99.01% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, General Counsel Scott Pintoff sold 300 shares of the firm’s stock in a transaction on Monday, December 9th. The stock was sold at an average price of $240.57, for a total value of $72,171.00. Following the completion of the sale, the general counsel now directly owns 8,302 shares in the company, valued at approximately $1,997,212.14. This trade represents a 3.49 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 2.66% of the company’s stock.

MarketAxess Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 5th. Shareholders of record on Wednesday, February 19th will be paid a dividend of $0.76 per share. This is a positive change from MarketAxess’s previous quarterly dividend of $0.74. This represents a $3.04 annualized dividend and a yield of 1.57%. The ex-dividend date of this dividend is Wednesday, February 19th. MarketAxess’s dividend payout ratio is currently 41.82%.

MarketAxess Company Profile

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.