Q1 EPS Estimates for MarketAxess Decreased by Zacks Research

MarketAxess Holdings Inc. (NASDAQ:MKTX) – Zacks Research lowered their Q1 2025 EPS estimates for MarketAxess in a report issued on Thursday, February 20th. Zacks Research analyst R. Department now expects that the financial services provider will post earnings of $1.86 per share for the quarter, down from their previous forecast 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.

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

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

MarketAxess Stock Up 1.2 %

Shares of NASDAQ MKTX opened at $196.60 on Monday. The firm’s fifty day moving average is $214.83 and its 200 day moving average is $244.37. The company has a market cap of $7.41 billion, a price-to-earnings ratio of 27.04, a PEG ratio of 3.89 and a beta of 1.02. MarketAxess has a 52 week low of $186.84 and a 52 week high of $296.68.

MarketAxess Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 5th. Investors of record on Wednesday, February 19th will be paid a $0.76 dividend. This is a boost from MarketAxess’s previous quarterly dividend of $0.74. The ex-dividend date of this dividend is Wednesday, February 19th. This represents a $3.04 dividend on an annualized basis and a yield of 1.55%. MarketAxess’s payout ratio is presently 41.82%.

Insider Buying and Selling

In related news, General Counsel Scott Pintoff sold 300 shares of the company’s stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $240.57, for a total value of $72,171.00. Following the transaction, the general counsel now owns 8,302 shares in the company, valued at $1,997,212.14. The trade was a 3.49 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.66% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On MarketAxess

A number of hedge funds have recently bought and sold shares of MKTX. Creative Planning boosted its stake in MarketAxess by 8.6% in the 3rd quarter. Creative Planning now owns 1,777 shares of the financial services provider’s stock worth $455,000 after purchasing an additional 141 shares in the last quarter. International Assets Investment Management LLC boosted its stake in MarketAxess by 25,593.2% in the 3rd quarter. International Assets Investment Management LLC now owns 22,610 shares of the financial services provider’s stock worth $5,793,000 after purchasing an additional 22,522 shares in the last quarter. Hennion & Walsh Asset Management Inc. raised its position in MarketAxess by 99.1% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 2,411 shares of the financial services provider’s stock worth $618,000 after buying an additional 1,200 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in MarketAxess by 42.6% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,429 shares of the financial services provider’s stock worth $874,000 after buying an additional 1,024 shares during the last quarter. Finally, Forsta AP Fonden purchased a new position in MarketAxess in the 3rd quarter worth about $1,947,000. Institutional investors own 99.01% of the company’s stock.

About MarketAxess

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.