Q4 Earnings Estimate for MarketAxess Issued By William Blair

MarketAxess Holdings Inc. (NASDAQ:MKTX) – Investment analysts at William Blair dropped their Q4 2025 earnings estimates for shares of MarketAxess in a research note issued to investors on Monday, November 10th. William Blair analyst J. Schmitt now anticipates that the financial services provider will post earnings per share of $1.69 for the quarter, down from their previous forecast of $1.72. The consensus estimate for MarketAxess’ current full-year earnings is $7.79 per share. William Blair also issued estimates for MarketAxess’ Q1 2026 earnings at $2.03 EPS, Q4 2026 earnings at $1.97 EPS and Q2 2027 earnings at $2.23 EPS.

A number of other analysts have also recently commented on the company. UBS Group lowered their price target on MarketAxess from $255.00 to $240.00 and set a “buy” rating for the company in a research report on Tuesday, October 7th. Argus upgraded MarketAxess from a “hold” rating to a “buy” rating and set a $212.00 price objective for the company in a research note on Monday, August 25th. Weiss Ratings lowered MarketAxess from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday. Jefferies Financial Group cut their price target on shares of MarketAxess from $217.00 to $208.00 and set a “hold” rating on the stock in a report on Monday, August 11th. Finally, Loop Capital set a $164.00 price objective on shares of MarketAxess in a research note on Tuesday, October 14th. Five analysts have rated the stock with a Buy rating, five have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $209.91.

MarketAxess Price Performance

Shares of MKTX opened at $169.19 on Tuesday. The company’s fifty day moving average price is $173.87 and its 200-day moving average price is $198.54. MarketAxess has a 1-year low of $156.17 and a 1-year high of $277.84. The firm has a market capitalization of $6.32 billion, a PE ratio of 28.48, a price-to-earnings-growth ratio of 6.44 and a beta of 0.94.

MarketAxess (NASDAQ:MKTX) last issued its quarterly earnings results on Friday, November 7th. The financial services provider reported $1.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.69 by $0.15. The business had revenue of $208.82 million for the quarter, compared to analyst estimates of $212.59 million. MarketAxess had a net margin of 26.62% and a return on equity of 20.41%. MarketAxess’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.90 EPS.

MarketAxess Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 3rd. Stockholders of record on Wednesday, November 19th will be paid a dividend of $0.76 per share. The ex-dividend date of this dividend is Wednesday, November 19th. This represents a $3.04 dividend on an annualized basis and a dividend yield of 1.8%. MarketAxess’s dividend payout ratio (DPR) is presently 51.70%.

Insider Buying and Selling

In related news, Director Stephen P. Casper sold 1,600 shares of the firm’s stock in a transaction on Monday, September 8th. The shares were sold at an average price of $186.59, for a total transaction of $298,544.00. Following the sale, the director owned 43,208 shares in the company, valued at approximately $8,062,180.72. This trade represents a 3.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CRO Kevin M. Mcpherson sold 1,494 shares of the company’s stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $185.32, for a total transaction of $276,868.08. Following the completion of the transaction, the executive owned 67,681 shares of the company’s stock, valued at approximately $12,542,642.92. This trade represents a 2.16% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.65% of the stock is owned by company insiders.

Hedge Funds Weigh In On MarketAxess

A number of large investors have recently bought and sold shares of MKTX. T. Rowe Price Investment Management Inc. grew its holdings in MarketAxess by 1.1% in the first quarter. T. Rowe Price Investment Management Inc. now owns 2,323,015 shares of the financial services provider’s stock valued at $502,585,000 after purchasing an additional 24,606 shares during the period. State Street Corp lifted its position in shares of MarketAxess by 4.6% during the 2nd quarter. State Street Corp now owns 1,532,696 shares of the financial services provider’s stock valued at $342,312,000 after buying an additional 67,290 shares in the last quarter. Geode Capital Management LLC grew its stake in MarketAxess by 0.6% in the 2nd quarter. Geode Capital Management LLC now owns 1,141,198 shares of the financial services provider’s stock valued at $254,460,000 after acquiring an additional 6,448 shares during the period. AQR Capital Management LLC increased its holdings in MarketAxess by 485.6% in the 2nd quarter. AQR Capital Management LLC now owns 758,462 shares of the financial services provider’s stock worth $167,195,000 after acquiring an additional 628,954 shares in the last quarter. Finally, Findlay Park Partners LLP raised its position in MarketAxess by 1.4% during the first quarter. Findlay Park Partners LLP now owns 680,000 shares of the financial services provider’s stock worth $147,118,000 after acquiring an additional 9,100 shares during the period. Institutional investors and hedge funds 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.