Q1 EPS Estimates for MarketAxess Decreased by William Blair

MarketAxess Holdings Inc. (NASDAQ:MKTX) – Analysts at William Blair dropped their Q1 2025 earnings per share estimates for MarketAxess in a research note issued to investors on Monday, April 14th. William Blair analyst J. Schmitt now anticipates that the financial services provider will post earnings of $1.80 per share for the quarter, down from their previous estimate of $1.97. William Blair has a “Outperform” rating on the stock. The consensus estimate for MarketAxess’ current full-year earnings is $7.79 per share. William Blair also issued estimates for MarketAxess’ Q2 2025 earnings at $1.96 EPS, Q3 2025 earnings at $1.91 EPS, Q4 2025 earnings at $1.78 EPS, FY2025 earnings at $7.45 EPS and FY2026 earnings at $8.20 EPS.

MarketAxess (NASDAQ:MKTX) last announced its quarterly earnings results 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 net margin of 33.56% and a return on equity of 20.23%.

Other equities research analysts have also recently issued research reports about the company. Bank of America increased their price objective on MarketAxess from $189.00 to $191.00 and gave the stock an “underperform” rating in a report on Wednesday, April 2nd. UBS Group cut their price target on shares of MarketAxess from $305.00 to $295.00 and set a “buy” rating on the stock in a report on Monday, April 7th. Morgan Stanley upgraded shares of MarketAxess from an “equal weight” rating to an “overweight” rating in a report on Tuesday, April 8th. Piper Sandler cut their target price on shares of MarketAxess from $220.00 to $213.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 8th. Finally, Keefe, Bruyette & Woods lowered their price objective on shares of MarketAxess from $251.00 to $225.00 and set a “market perform” rating for the company in a report on Friday, February 7th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $252.11.

MarketAxess Trading Up 0.7 %

MarketAxess stock opened at $223.98 on Tuesday. The firm has a market cap of $8.44 billion, a P/E ratio of 30.81, a P/E/G ratio of 3.89 and a beta of 1.12. MarketAxess has a 1-year low of $186.84 and a 1-year high of $296.68. The firm has a 50-day moving average of $205.93 and a 200-day moving average of $234.85.

Institutional Trading of MarketAxess

Institutional investors have recently bought and sold shares of the company. Global X Japan Co. Ltd. grew its holdings in shares of MarketAxess by 179.5% during the fourth quarter. Global X Japan Co. Ltd. now owns 109 shares of the financial services provider’s stock valued at $25,000 after buying an additional 70 shares during the last quarter. Allianz SE bought a new position in shares of MarketAxess during the fourth quarter valued at $27,000. Smartleaf Asset Management LLC boosted its position in shares of MarketAxess by 495.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 125 shares of the financial services provider’s stock valued at $28,000 after buying an additional 104 shares during the last quarter. SRS Capital Advisors Inc. increased its holdings in MarketAxess by 13,900.0% in the 4th quarter. SRS Capital Advisors Inc. now owns 140 shares of the financial services provider’s stock worth $32,000 after buying an additional 139 shares in the last quarter. Finally, Huntington National Bank raised its position in MarketAxess by 185.7% in the 4th quarter. Huntington National Bank now owns 160 shares of the financial services provider’s stock worth $36,000 after buying an additional 104 shares during the last quarter. 99.01% of the stock is owned by hedge funds and other institutional investors.

MarketAxess Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 5th. Shareholders of record on Wednesday, February 19th were issued a $0.76 dividend. This represents a $3.04 annualized dividend and a yield of 1.36%. This is an increase from MarketAxess’s previous quarterly dividend of $0.74. The ex-dividend date was Wednesday, February 19th. MarketAxess’s payout ratio is 41.82%.

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.