MarketAxess (MKTX - Free Report) came out with quarterly earnings of $1.86 per share, missing the Zacks Consensus Estimate of $1.95 per share. This compares to earnings of $1.84 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -4.62%. A quarter ago, it was expected that this operator of bond trading platforms would post earnings of $1.88 per share when it actually produced earnings of $1.95, delivering a surprise of +3.72%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
MarketAxess, which belongs to the Zacks Financial - Investment Bank industry, posted revenues of $210.41 million for the quarter ended September 2026, missing the Zacks Consensus Estimate by 4.88%. This compares to year-ago revenues of $208.82 million. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
MarketAxess shares have lost about 9.2% since the beginning of the year versus the S&P 500's gain of 12%.
What's Next for MarketAxess?While MarketAxess has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for MarketAxess was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.85 on $222.3 million in revenues for the coming quarter and $8.08 on $896.39 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial - Investment Bank is currently in the top 27% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Robinhood Markets, Inc. (HOOD - Free Report) , is yet to report results for the quarter ended September 2026. The results are expected to be released on October 27.
This company is expected to post quarterly earnings of $0.56 per share in its upcoming report, which represents a year-over-year change of -8.2%. The consensus EPS estimate for the quarter has been revised 1% higher over the last 30 days to the current level.
Robinhood Markets, Inc.'s revenues are expected to be $1.44 billion, up 13.1% from the year-ago quarter.
For the quarter ended September 2026, MarketAxess (MKTX - Free Report) reported revenue of $210.41 million, up 0.8% over the same period last year. EPS came in at $1.86, compared to $1.84 in the year-ago quarter.
The reported revenue represents a surprise of -4.88% over the Zacks Consensus Estimate of $221.2 million. With the consensus EPS estimate being $1.95, the EPS surprise was -4.62%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how MarketAxess performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Average Daily Volume - Total credit trading - Emerging markets: $3.99 billion compared to the $4.47 billion average estimate based on four analysts.Average Variable Transaction Fee Per Million - Credit: $127.00 versus the four-analyst average estimate of $131.81.Average Daily Volume - Total credit trading - High-grade (excl. SD PT): $7.12 billion compared to the $7.53 billion average estimate based on four analysts.Average Daily Volume - Total (excl. SD PT): $43.76 billion versus $44.11 billion estimated by four analysts on average.Revenues- Information services: $15.17 million versus the five-analyst average estimate of $15.26 million. The reported number represents a year-over-year change of +10.1%.Revenues- Post-trade services: $11.44 million versus $11.83 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +1.3% change.Revenues- Technology services: $3.87 million versus the five-analyst average estimate of $3.73 million. The reported number represents a year-over-year change of +8.3%.Revenues- Commissions: $179.92 million compared to the $192.53 million average estimate based on five analysts. The reported number represents a change of -0.1% year over year.Revenues- Commissions- Total variable transaction fees- Other: $9.82 million versus the four-analyst average estimate of $10.02 million. The reported number represents a year-over-year change of +14.3%.Revenues- Commissions- Total variable transaction fees: $145.03 million versus $157.22 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -0.6% change.Revenues- Commissions- Total variable transaction fees- Credit: $126.39 million versus $139.66 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -3.4% change.Revenues- Commissions- Total fixed distribution fees: $34.89 million versus $34.42 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +2% change.View all Key Company Metrics for MarketAxess here>>>
Shares of MarketAxess have returned +0.5% over the past month versus the Zacks S&P 500 composite's -1.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced financial results for the third quarter ended September 30, 2026. 3Q26 Select Financial and Operational Highlights (All comparisons vs 3Q25) Total revenues of $210.4 million increased 1%. Total commission revenue of $179.9 million was flat compared to the prior year. 6% growth in services revenue2 to $30.5 million. 6% growth in r.
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering MarketAxess (MKTX - Free Report) , which belongs to the Zacks Financial - Investment Bank industry.
This operator of bond trading platforms has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 4.19%.
For the last reported quarter, MarketAxess came out with earnings of $1.95 per share versus the Zacks Consensus Estimate of $1.88 per share, representing a surprise of 3.72%. For the previous quarter, the company was expected to post earnings of $2.15 per share and it actually produced earnings of $2.25 per share, delivering a surprise of 4.65%.
Price and EPS Surprise
Thanks in part to this history, there has been a favorable change in earnings estimates for MarketAxess lately. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the stock is positive, which is a great indicator of an earnings beat, particularly when combined with its solid Zacks Rank.
Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
MarketAxess currently has an Earnings ESP of +8.08%, which suggests that analysts have recently become bullish on the company's earnings prospects. This positive Earnings ESP when combined with the stock's Zacks Rank #3 (Hold) indicates that another beat is possibly around the corner.
Investors should note, however, that a negative Earnings ESP reading is not indicative of an earnings miss, but a negative value does reduce the predictive power of this metric.
Many companies end up beating the consensus EPS estimate, but that may not be the sole basis for their stocks moving higher. On the other hand, some stocks may hold their ground even if they end up missing the consensus estimate.
Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
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Bentley Systems, a newly initiated position during the quarter, is an example of a stock getting heavily discounted by a negative top-down industry narrative, with defensible and compelling long-term prospects. Watsco announced the acquisition of two separate family-run businesses. These acquisitions should increase revenue and cash flow by roughly 10%. We remained committed to MarketAxess stock for several reasons, including the fact that the company was exiting a heavy investment cycle, setting up strong operating leverage.
Key Takeaways MKTX's datasets provide pricing, liquidity and transaction insights across more than 42,000 instruments.The expanded Arcesium relationship builds on Repo Match integration, which handles over $700 billion daily.MKTX strengthens its data business by embedding proprietary market intelligence into institutional workflows. MarketAxess Holdings Inc. (MKTX - Free Report) is expanding the reach of its fixed income data and analytics through a new integration with Arcesium. The agreement brings MarketAxess’ CP+ and TraX datasets into Arcesium’s Aquata and Opterra platforms, allowing hedge funds, institutional asset managers and capital markets firms to access pricing, liquidity and transaction data within their existing workflows.
The integration combines CP+, MKTX’s AI-powered algorithmic pricing engine for global credit and rates markets, with TraX providing daily trade volumes and transaction data for more than 42,000 fixed income instruments. Embedding these datasets into Arcesium’s platforms can support price discovery, liquidity analysis, relative-value assessment and risk analytics while reducing the need for separate data connections.
The latest agreement also builds on MarketAxess’ existing relationship with Arcesium. Since June 2024, Arcesium has integrated MKTX’s Repo Match service into its Opterra platform, enabling automated matching of repo trades against counterparty confirmations. Repo Match connects 127 buy-side and sell-side firms and handles more than $700 billion in average daily matched volume, highlighting the potential reach of MarketAxess’ institutional post-trade solutions.
The expanded relationship could strengthen MKTX’s data and analytics business by placing its proprietary market intelligence deeper within institutional investment workflows. This might increase the utility of the company’s data beyond electronic trading and create additional opportunities to monetize pricing and transaction information across a broader client base. The integration also complements MarketAxess’ focus on expanding higher-value services around its trading network.
The broader opportunity for MKTX lies in extending its role beyond execution and into the day-to-day infrastructure used by institutional market participants. As fixed income markets become increasingly electronic and data-intensive, integrations like this could make the company’s proprietary information more accessible at critical points in the investment process.
MKTX’s Price PerformanceIn the year-to-date period, MKTX’s shares have fallen 9.3% against the industry’s growth of 0.9%.
Image Source: Zacks Investment Research
MKTX’s Zacks Rank & Key PicksMKTX currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the broader finance space are Virtu Financial, Inc. (VIRT - Free Report) , Robinhood Markets, Inc. (HOOD - Free Report) and Marex Group Limited (MRX - Free Report) , each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Virtu Financial’s current-year earnings is pinned at $7.22 per share and has witnessed one upward revision in the past seven days against one movement in the opposite direction. VIRT beat earnings estimates in each of the trailing four quarters, with the average surprise being 24%. The consensus estimate for current-year revenues is pegged at $2.7 billion, implying 26.8% year-over-year growth.
The Zacks Consensus Estimate for Robinhood Markets’ current-year earnings is pinned at $2.14 per share and has witnessed four upward revisions in the past seven days against no movement in the opposite direction. HOOD beat earnings estimates in three of the trailing four quarters and missed once, with the average surprise being 15.1%. The consensus estimate for current-year revenues is pegged at $5.3 billion, implying 18.5% year-over-year growth.
The Zacks Consensus Estimate for Marex Group’s current-year earnings is pinned at $6.11 per share and has witnessed two upward revisions in the past seven days against no movement in the opposite direction. MRX beat earnings estimates in each of the trailing four quarters, with the average surprise being 10.4%. The consensus estimate for current-year revenues is pegged at $2.7 billion, implying 33.9% year-over-year growth.
Newest integration designed to streamline fixed income workflows for hedge funds, institutional asset managers and capital markets firms
NEW YORK--(BUSINESS WIRE)--Arcesium, a leading global financial technology provider to the investment industry, today announced an integration with MarketAxess Holdings Inc. (Nasdaq: MKTX), a leading electronic trading platform for fixed income securities, to provide investment firms with seamless data solutions across the fixed income trade lifecycle. With the integration of MarketAxess CP+™ and TraX® market data into Arcesium’s Aquata® and Opterra® platforms, hedge funds, institutional asset managers and capital markets firms can now connect front-to-back workflows and improve data accuracy across investment and operational processes.
The integration with Arcesium’s platforms enables mutual clients to embed MarketAxess’ pricing, liquidity and transaction data directly into their fixed income operational workflows. MarketAxess CP+ is an AI-powered algorithmic pricing engine for global credit and rates markets. MarketAxess TraX, provides daily trade volumes and transactional data for more than 42,000 global fixed income instruments. Together, these datasets provide the market context needed for more efficient liquidity analysis, price discovery, relative value assessment and risk analytics, without custom integration efforts.
Alex Dobson, SVP and Head of Product at Arcesium, added, “Fixed income markets can be dynamic, one market movement can have a ripple effect across portfolios. Having more data is only valuable if firms can lean on market intelligence and operational context across one view in order to make better decisions. Our integration with MarketAxess provides fixed income teams rich market data and clean operational data in one place, allowing firms to act on pricing and liquidity signals within their core operating environment."
Ena Gordon, Head of Data & Analytics Product, at MarketAxess, said: “As fixed income markets grow more complex, investors need trusted data and purpose-built tools to operate at scale. By integrating our proprietary data with Arcesium’s platforms, clients can gain a reliable source of truth for fixed income trading and operations.”
Arcesium has also integrated with MarketAxess Repo Match since June 2024. Through the integration, Arcesium submits Opterra clients’ repo trades directly to Repo Match for trade-date matching against counterparty confirmations, including lifecycle events such as re-rates and close-outs. This enhances efficiency in the repo market by supporting straight through processing, earlier exception resolution and automated books and records updates. Repo Match connects 127 buy-side and sell-side firms, with over US$700 billion in matched average daily volume.
Opterra is a full cloud-native operating platform designed to connect front-, middle-, and back-office capabilities within a single architecture, bringing precision to all workflows across the entire investment lifecycle – from position management and reporting to accounting to treasury and reconciliation. It is tailored to fit the unique operating environments of hedge funds, asset managers, private market funds, and capital markets firms.
Aquata is a self-service data platform purpose-built for the investment industry, featuring pre-configured connectivity with data providers, as well as industry-specific data models, lineage, quality, transformation, and reporting tools. Arcesium Intelligence, embedded in Opterra and Aquata, is designed to empower firms to deploy agentic AI across investment operations and data management workflows.
Today, Arcesium services over $6.7T in gross AUM and over $1.2T in sell-side capital balances and has modelled over 178 million investments to date. Arcesium was built from a platform developed and tested by investment and technology development firm, the D. E. Shaw group, and launched as a joint venture with Blackstone Multi-Asset Investing. J.P. Morgan, another large client, later made a strategic investment in the company, helping Arcesium further its mission: to power the entire investment lifecycle. Arcesium currently has a staff of over 2,600 software engineering, accounting, operations, and treasury professionals.
For more information about Arcesium and its capabilities, visit www.arcesium.com and follow the firm on LinkedIn.
About MarketAxess
MarketAxess (Nasdaq: MKTX) operates a leading electronic trading platform that delivers greater trading efficiency, a diversified pool of liquidity and significant cost savings to institutional investors and broker-dealers across the global fixed-income markets. Approximately 2,100 firms leverage MarketAxess’ patented technology to efficiently trade fixed-income securities. Our automated and algorithmic trading solutions, combined with our integrated and actionable data offerings, help our clients make faster, better-informed decisions on when and how to trade on our platform. MarketAxess’ award-winning Open Trading® marketplace is widely regarded as the preferred all-to-all trading solution in the global credit markets. Founded in 2000, MarketAxess connects a robust network of market participants through an advanced full trading lifecycle solution that includes automated trading solutions, intelligent data and index products and a range of post-trade services. Learn more at www.marketaxess.com.
This press release may contain forward-looking statements, including statements about the outlook and prospects for MarketAxess Holdings Inc. (the "Company" or "MarketAxess"), market conditions and industry growth, as well as statements about the Company's future financial and operating performance. These and other statements that relate to future results and events are based on MarketAxess' current expectations. The Company's actual results in future periods may differ materially from those currently expected or desired because of a number of risks and uncertainties, including: global economic, political and market factors; the level of trading volume transacted on the MarketAxess platform; the rapidly evolving nature of the electronic financial services industry; the level and intensity of competition in the fixed-income electronic trading industry and the pricing pressures that may result; the variability of our growth rate; our ability to introduce new fee plans and our clients' response; our ability to attract clients or adapt our technology and marketing strategy to new markets; risks related to our growing international operations; our dependence on our broker-dealer clients; the loss of any of our significant institutional investor clients; our exposure to risks resulting from non-performance by counterparties to transactions executed between our clients in which we act as an intermediary in matched principal trades; risks related to self-clearing; our dependence on third-party suppliers for key products and services; our ability to enter into strategic alliances and to acquire other businesses and successfully integrate them with our business; our dependence on our management team and our ability to attract and retain talent; risks related to sanctions levied against states or individuals that could expose us to operational or regulatory risks; the effects of climate change or other sustainability risks that could affect our operations or reputation; the effect of rapid market or technological changes on us and the users of our technology; issues related to the development and use of artificial intelligence; our ability to successfully maintain the integrity of our trading platform and our response to system failures, capacity constraints and business interruptions; the occurrence of design defects, errors, failures or delays with our platforms, products or services; our vulnerability to malicious cyber-attacks and attempted cybersecurity breaches; our actual or perceived failure to comply with privacy and data protection laws; our ability to protect our intellectual property rights or technology and defend against intellectual property infringement or other claims; our use of open-source software; limitations on our flexibility because we operate in a highly regulated industry; the increasing government regulation of us and our clients; our exposure to costs and penalties related to our extensive regulation; our risks of litigation and securities laws liability; our tax filing positions; our future capital needs and our ability to obtain capital when needed; limitations on our operating flexibility contained in our credit agreement; our exposure to financial institutions by holding cash in excess of federally insured limits; and other factors. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. More information about these and other factors affecting MarketAxess' business and prospects is contained in MarketAxess' periodic filings with the Securities and Exchange Commission and can be accessed at www.marketaxess.com.
Investors with an interest in Financial - Investment Bank stocks have likely encountered both BGC Group (BGC) and MarketAxess (MKTX). But which of these two companies is the best option for those looking for undervalued stocks?
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of MarketAxess Holdings Inc. (NasdaqGS: MKTX) to Intercontinental Exchange, Inc. (NYSE: ICE). Under the terms of the proposed transaction, shareholders of MarketAxess will receive $167.00 in cash for each share of MarketAxess that they own. KSF is seeking to determine whether this consideration and the.
BALA CYNWYD, Pa., Sept. 24, 2026 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky ([email protected]) or Marc Ackerman ([email protected]) at 855-576-4847. There is no cost or financial obligation to you.
As of Sept. 21, 2026, three stocks in the financial sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Tidal Investments LLC increased its holdings in shares of MarketAxess Holdings Inc. (NASDAQ:MKTX – Free Report) by 34.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 19,749 shares of the financial services provider’s stock after buying an additional 5,107 shares during the quarter. Tidal Investments LLC owned 0.06% of MarketAxess worth $2,241,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in MKTX. BlackRock Inc. acquired a new position in shares of MarketAxess in the 2nd quarter valued at approximately $453,941,000. Primecap Management Co. CA acquired a new stake in MarketAxess during the 2nd quarter worth approximately $397,772,000. North Reef Capital Management LP raised its holdings in 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 buying an additional 265,670 shares during the period. Dimensional Fund Advisors LP lifted its stake in MarketAxess by 10.3% in the first quarter. Dimensional Fund Advisors LP now owns 581,484 shares of the financial services provider’s stock valued at $95,933,000 after buying an additional 54,503 shares in the last quarter. Finally, Azora Capital LP acquired a new position in shares of MarketAxess in the second quarter valued at approximately $58,230,000. 99.01% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades A number of equities analysts recently weighed in on the stock. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and issued a $167.00 target price (up from $150.00) on shares of MarketAxess in a research note on Tuesday, August 11th. Weiss Ratings restated a “sell (d+)” rating on shares of MarketAxess in a report on Monday, August 3rd. Wall Street Zen cut MarketAxess from a “hold” rating to a “sell” rating in a research report on Saturday, August 1st. Barclays increased their price objective on MarketAxess from $132.00 to $167.00 and gave the stock an “equal weight” rating in a report on Monday, August 10th. Finally, William Blair lowered MarketAxess from an “outperform” rating to a “market perform” rating in a research report on Thursday, July 30th. One equities research analyst has rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $156.10.
Read Our Latest Research Report on MKTX MarketAxess Price Performance NASDAQ:MKTX opened at $163.35 on Thursday. MarketAxess Holdings Inc. has a 52-week low of $108.75 and a 52-week high of $195.96. The company has a market cap of $5.75 billion, a P/E ratio of 19.26, a P/E/G ratio of 2.08 and a beta of 0.83. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.85 and a current ratio of 1.85. The stock’s 50-day simple moving average is $148.68 and its 200 day simple moving average is $149.16.
MarketAxess (NASDAQ:MKTX – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The financial services provider reported $1.95 EPS for the quarter, beating the consensus estimate of $1.85 by $0.10. The firm had revenue of $218.41 million during the quarter, compared to analysts’ expectations of $216.70 million. MarketAxess had a return on equity of 22.48% and a net margin of 35.22%.The business’s quarterly revenue was down .5% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.00 earnings per share. As a group, sell-side analysts forecast that MarketAxess Holdings Inc. will post 8.06 EPS for the current fiscal year.
MarketAxess Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 2nd. Stockholders of record on Wednesday, August 19th were issued a $0.78 dividend. This represents a $3.12 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend was Wednesday, August 19th. MarketAxess’s dividend payout ratio is presently 36.79%.
Insider Activity at MarketAxess In related news, Director William Cruger, Jr. sold 6,164 shares of the firm’s stock in a transaction 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 completion of the transaction, the director directly owned 4,033 shares of the company’s stock, valued at approximately $658,185.60. This trade represents a 60.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last three months, insiders sold 6,464 shares of company stock valued at $1,050,069. Corporate insiders own 0.72% of the company’s stock.
MarketAxess Company Profile (Free Report)
MarketAxess Holdings Inc operates an electronic trading platform for institutional fixed-income markets. Through its technology, investors and dealers can trade corporate bonds, government securities, emerging-market debt and other credit products in an electronic environment designed to improve access, execution and transparency.
The company’s offerings include its Open Trading marketplace, which connects a broad network of institutional participants, as well as a range of trading protocols that support different liquidity and execution needs.
See Also Five stocks we like better than MarketAxess 3 Luxury Consumer Brands to Watch in a Beaten-Down Sector Jackson’s Record Quarter Powers the Bull Case Holiday Shopping Is Almost Here—And Target May Be Ready to Win Big AI Panic Hit Tech Stocks—But NVIDIA’s Growth Engine Is Intact Want to see what other hedge funds are holding MKTX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MarketAxess Holdings Inc. (NASDAQ:MKTX – Free Report).
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California State Teachers Retirement System grew its holdings in MarketAxess Holdings Inc. (NASDAQ:MKTX – Free Report) by 10,925.6% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,816,856 shares of the financial services provider’s stock after acquiring an additional 4,773,168 shares during the period. California State Teachers Retirement System owned 13.69% of MarketAxess worth $546,665,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of MKTX. Krilogy Financial LLC lifted its stake in shares of MarketAxess by 1.0% in the first quarter. Krilogy Financial LLC now owns 7,884 shares of the financial services provider’s stock worth $1,368,000 after buying an additional 77 shares during the last quarter. Citizens Financial Group Inc. RI lifted its position in MarketAxess by 6.3% during the 1st quarter. Citizens Financial Group Inc. RI now owns 2,592 shares of the financial services provider’s stock worth $428,000 after acquiring an additional 153 shares during the last quarter. X Square Capital LLC lifted its position in MarketAxess by 8.2% during the 4th quarter. X Square Capital LLC now owns 2,027 shares of the financial services provider’s stock worth $367,000 after acquiring an additional 154 shares during the last quarter. Covestor Ltd boosted its holdings in MarketAxess by 24.2% during the fourth quarter. Covestor Ltd now owns 811 shares of the financial services provider’s stock valued at $147,000 after acquiring an additional 158 shares during the period. Finally, Argos Wealth Advisors LLC boosted its holdings in MarketAxess by 11.6% during the first quarter. Argos Wealth Advisors LLC now owns 1,561 shares of the financial services provider’s stock valued at $258,000 after acquiring an additional 162 shares during the period. Institutional investors and hedge funds own 99.01% of the company’s stock.
MarketAxess Stock Up 0.1% NASDAQ:MKTX opened at $163.10 on Tuesday. MarketAxess Holdings Inc. has a 1 year low of $108.75 and a 1 year high of $195.96. The stock has a 50-day moving average price of $146.86 and a two-hundred day moving average price of $149.43. The stock has a market cap of $5.74 billion, a price-to-earnings ratio of 19.23, a PEG ratio of 2.08 and a beta of 0.83. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.09.
MarketAxess (NASDAQ:MKTX – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The financial services provider reported $1.95 EPS for the quarter, topping analysts’ consensus estimates of $1.85 by $0.10. The business had revenue of $218.41 million for the quarter, compared to analyst estimates of $216.70 million. MarketAxess had a net margin of 35.22% and a return on equity of 22.48%. The firm’s quarterly revenue was down .5% on a year-over-year basis. During the same period last year, the business posted $2.00 earnings per share. As a group, equities analysts expect that MarketAxess Holdings Inc. will post 8.06 earnings per share for the current year. MarketAxess Announces Dividend The company also recently declared a quarterly dividend, which was paid on Wednesday, September 2nd. Shareholders of record on Wednesday, August 19th were paid a $0.78 dividend. The ex-dividend date was Wednesday, August 19th. This represents a $3.12 dividend on an annualized basis and a yield of 1.9%. MarketAxess’s dividend payout ratio (DPR) is currently 36.79%.
Insider Buying and Selling In other MarketAxess news, Director William Cruger, Jr. sold 6,164 shares of the business’s stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $163.20, for a total transaction of $1,005,964.80. Following the transaction, the director owned 4,033 shares of the company’s stock, valued at $658,185.60. The trade was a 60.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have sold a total of 6,464 shares of company stock valued at $1,050,069 in the last ninety days. Company insiders own 0.72% of the company’s stock.
Analysts Set New Price Targets A number of analysts have issued reports on MKTX shares. William Blair lowered MarketAxess from an “outperform” rating to a “market perform” rating in a report on Thursday, July 30th. Bank of America raised MarketAxess from an “underperform” rating to a “neutral” rating and set a $170.00 price objective for the company in a research report on Friday, June 12th. UBS Group downgraded shares of MarketAxess from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $200.00 to $167.00 in a research note on Friday, July 31st. Piper Sandler dropped their target price on shares of MarketAxess from $175.00 to $128.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 15th. Finally, Wall Street Zen lowered shares of MarketAxess from a “hold” rating to a “sell” rating in a research report on Saturday, August 1st. One analyst has rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, MarketAxess presently has an average rating of “Hold” and an average price target of $156.10.
Get Our Latest Report on MarketAxess
About MarketAxess (Free Report)
MarketAxess Holdings Inc operates an electronic trading platform for institutional fixed-income markets. Through its technology, investors and dealers can trade corporate bonds, government securities, emerging-market debt and other credit products in an electronic environment designed to improve access, execution and transparency.
The company’s offerings include its Open Trading marketplace, which connects a broad network of institutional participants, as well as a range of trading protocols that support different liquidity and execution needs.
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Hsbc Holdings PLC lifted its stake in MarketAxess Holdings Inc. (NASDAQ:MKTX – Free Report) by 59.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 33,576 shares of the financial services provider’s stock after purchasing an additional 12,567 shares during the period. Hsbc Holdings PLC owned about 0.10% of MarketAxess worth $3,814,000 at the end of the most recent quarter.
Several other institutional investors also recently added to or reduced their stakes in the stock. Ancora Advisors LLC increased its position in MarketAxess by 1.9% during the 3rd quarter. Ancora Advisors LLC now owns 3,522 shares of the financial services provider’s stock valued at $614,000 after purchasing an additional 67 shares during the period. Orion Porfolio Solutions LLC boosted its stake in shares of MarketAxess by 1.7% during the second quarter. Orion Porfolio Solutions LLC now owns 4,203 shares of the financial services provider’s stock valued at $939,000 after purchasing an additional 69 shares in the last quarter. Krilogy Financial LLC increased its holdings in MarketAxess by 1.0% during the first quarter. Krilogy Financial LLC now owns 7,884 shares of the financial services provider’s stock valued at $1,368,000 after buying an additional 77 shares during the period. Geneos Wealth Management Inc. increased its holdings in MarketAxess by 200.0% during the first quarter. Geneos Wealth Management Inc. now owns 120 shares of the financial services provider’s stock valued at $26,000 after buying an additional 80 shares during the period. Finally, Maryland State Retirement & Pension System raised its stake in MarketAxess by 1.1% in the fourth quarter. Maryland State Retirement & Pension System now owns 7,181 shares of the financial services provider’s stock worth $1,302,000 after buying an additional 81 shares in the last quarter. Hedge funds and other institutional investors own 99.01% of the company’s stock.
Analyst Upgrades and Downgrades Several analysts have commented on MKTX shares. Rothschild & Co Redburn reissued a “neutral” rating and set a $134.00 price target (down from $189.00) on shares of MarketAxess in a research report on Thursday, June 11th. Wall Street Zen downgraded shares of MarketAxess from a “hold” rating to a “sell” rating in a research report on Saturday, August 1st. William Blair cut shares of MarketAxess from an “outperform” rating to a “market perform” rating in a research report on Thursday, July 30th. UBS Group downgraded shares of 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 note on Friday, July 31st. Finally, Barclays lifted their price target on shares of MarketAxess from $132.00 to $167.00 and gave the stock an “equal weight” rating in a report on Monday, August 10th. One research analyst has rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, MarketAxess currently has a consensus rating of “Hold” and a consensus price target of $156.10.
Read Our Latest Research Report on MKTX MarketAxess Stock Down 0.1% NASDAQ:MKTX opened at $163.09 on Friday. The firm has a market capitalization of $5.74 billion, a P/E ratio of 19.23, a PEG ratio of 2.08 and a beta of 0.83. MarketAxess Holdings Inc. has a 1-year low of $108.75 and a 1-year high of $195.96. The company’s fifty day moving average price is $145.00 and its 200-day moving average price is $149.70. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.85 and a quick ratio of 1.85.
MarketAxess (NASDAQ:MKTX – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The financial services provider reported $1.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.85 by $0.10. The firm had revenue of $218.41 million for the quarter, compared to the consensus estimate of $216.70 million. MarketAxess had a net margin of 35.22% and a return on equity of 22.48%. The firm’s quarterly revenue was down .5% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.00 earnings per share. As a group, equities research analysts anticipate that MarketAxess Holdings Inc. will post 8.06 EPS for the current year.
MarketAxess Announces Dividend The business also recently announced a quarterly dividend, which was paid on Wednesday, September 2nd. Shareholders of record on Wednesday, August 19th were paid a $0.78 dividend. The ex-dividend date of this dividend was Wednesday, August 19th. This represents a $3.12 dividend on an annualized basis and a dividend yield of 1.9%. MarketAxess’s dividend payout ratio (DPR) is 36.79%.
MarketAxess Company Profile (Free Report)
MarketAxess Holdings Inc operates an electronic trading platform for institutional fixed-income markets. Through its technology, investors and dealers can trade corporate bonds, government securities, emerging-market debt and other credit products in an electronic environment designed to improve access, execution and transparency.
The company’s offerings include its Open Trading marketplace, which connects a broad network of institutional participants, as well as a range of trading protocols that support different liquidity and execution needs.
Recommended Stories Five stocks we like better than MarketAxess AeroVironment’s Record Backlog and Earnings Beat Fuel Recovery Case Corning Just Locked In a Massive Verizon Fiber Deal as AI Infrastructure Expands 3 Under-$20 Stocks Tied to the Future of U.S. Energy and Materials Uncle Sam’s Quantum Leap: Feds Fund a $300M Quantum Supercycle Want to see what other hedge funds are holding MKTX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MarketAxess Holdings Inc. (NASDAQ:MKTX – Free Report).
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Are MKTX, HOWL, PSNL Obtaining Fair Deals for their Shareholders? PR Newswire
NEW YORK, Sept. 9, 2026
Insiders may stand to receive substantial financial benefits not available to ordinary shareholders.
The proposed transactions may contain terms that could limit superior competing offers.
Shareholders are encouraged to contact the firm to discuss their rights and options at no cost or obligation. We would handle any matter on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.
, /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
MarketAxess Holdings Inc. (NASDAQ: MKTX)'s sale to Intercontinental Exchange, Inc. for $167.00 per share in cash. If you are a MarketAxess shareholder, click here to learn more about your legal rights and options.
Werewolf Therapeutics, Inc. (NASDAQ: HOWL)'s merger with Ambros Therapeutics, Inc. Upon closing of the proposed transaction, Werewolf shareholders are expected to own approximately 6.8% of the combined company. If you are a Werewolf shareholder, click here to learn more about your legal rights and options.
Personalis, Inc. (NASDAQ: PSNL)'s sale to Tempus AI, Inc. for $16.25 per share. If you are a Personalis shareholder, click here to learn more about your legal rights and options.
On behalf of shareholders, Halper Sadeh LLC may seek increased consideration, additional disclosures and information, or other relief and benefits.
Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
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BALA CYNWYD, Pa., Sept. 09, 2026 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky ([email protected]) or Marc Ackerman ([email protected]) at 855-576-4847. There is no cost or financial obligation to you.
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating the sale of MarketAxess Holdings Inc. (NASDAQ: MKTX) to Intercontinental Exchange, Inc. for $167.00 per share in cash.Halper Sadeh encourages MarketAxess shareholders to click here to learn more about their rights and options or contact Daniel Sadeh or Zachary Halper free of charge at (212) 763-0060 or [email protected] or [email protected] investigation concerns whether MarketAxess and its b.
Halper Sadeh LLC, an investor rights law firm, is investigating the sale of MarketAxess Holdings Inc. (NASDAQ: MKTX) to Intercontinental Exchange, Inc. for $167.00 per share in cash.
Halper Sadeh encourages MarketAxess shareholders to click here to learn more about their rights and optionsor contact Daniel Sadeh or Zachary Halper free of charge at (212) 763-0060 or [email protected] or [email protected].
The investigation concerns whether MarketAxess and its board of directors violated the federal securities laws and/or breached their fiduciary duties by failing to: (1) obtain the best possible price for MarketAxess shareholders; (2) conduct a fair sales process free of any conflicts of interests; and (3) disclose all material information for MarketAxess shareholders to evaluate the transaction.
On behalf of shareholders, Halper Sadeh LLC may seek increased consideration, additional disclosures, or other relief and benefits.
Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260905786839/en/
Jupiter Topco LLC bought a new position in MarketAxess Holdings Inc. (NASDAQ:MKTX – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 16,600 shares of the financial services provider’s stock, valued at approximately $1,884,000.
Other large investors have also recently added to or reduced their stakes in the company. MUFG Securities EMEA plc bought a new position in shares of MarketAxess in the second quarter valued at approximately $25,000. Geneos Wealth Management Inc. boosted its holdings in shares of MarketAxess by 200.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 120 shares of the financial services provider’s stock worth $26,000 after buying an additional 80 shares during the period. Pacer Advisors Inc. boosted its holdings in shares of MarketAxess by 300.0% during the 4th quarter. Pacer Advisors Inc. now owns 280 shares of the financial services provider’s stock worth $51,000 after buying an additional 210 shares during the period. Westpac Banking Corp acquired a new position in MarketAxess in the 1st quarter valued at $56,000. Finally, Versant Capital Management Inc grew its stake in MarketAxess by 215.3% in the 2nd quarter. Versant Capital Management Inc now owns 391 shares of the financial services provider’s stock valued at $44,000 after buying an additional 267 shares during the last quarter. Institutional investors own 99.01% of the company’s stock.
MarketAxess Price Performance NASDAQ:MKTX opened at $163.34 on Friday. The stock has a market cap of $5.75 billion, a P/E ratio of 19.26, a PEG ratio of 2.08 and a beta of 0.83. MarketAxess Holdings Inc. has a one year low of $108.75 and a one year high of $195.96. The company has a fifty day moving average price of $140.01 and a 200 day moving average price of $150.25. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.85 and a quick ratio of 1.85.
MarketAxess (NASDAQ:MKTX – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The financial services provider reported $1.95 earnings per share for the quarter, beating analysts’ consensus estimates of $1.85 by $0.10. The firm had revenue of $218.41 million during the quarter, compared to the consensus estimate of $216.70 million. MarketAxess had a net margin of 35.22% and a return on equity of 22.48%. The business’s revenue was down .5% on a year-over-year basis. During the same period in the prior year, the firm earned $2.00 EPS. Analysts anticipate that MarketAxess Holdings Inc. will post 8.06 earnings per share for the current year. MarketAxess Announces Dividend The business also recently announced a quarterly dividend, which was paid on Wednesday, September 2nd. Investors of record on Wednesday, August 19th were paid a $0.78 dividend. This represents a $3.12 annualized dividend and a dividend yield of 1.9%. The ex-dividend date was Wednesday, August 19th. MarketAxess’s dividend payout ratio (DPR) is presently 36.79%.
Analyst Upgrades and Downgrades A number of research firms have issued reports on MKTX. Rothschild & Co Redburn restated a “neutral” rating and set a $134.00 price target (down from $189.00) on shares of MarketAxess in a report on Thursday, June 11th. Morgan Stanley dropped their price objective on MarketAxess from $195.00 to $129.00 and set an “equal weight” rating on the stock in a research note on Friday, July 10th. UBS Group cut MarketAxess from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $200.00 to $167.00 in a research report on Friday, July 31st. Piper Sandler decreased their target price on MarketAxess from $175.00 to $128.00 and set a “neutral” rating for the company in a research note on Wednesday, July 15th. Finally, William Blair lowered MarketAxess from an “outperform” rating to a “market perform” rating in a report on Thursday, July 30th. One equities research analyst has rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $156.10.
Check Out Our Latest Analysis on MarketAxess
MarketAxess Profile (Free Report)
MarketAxess Holdings Inc operates a leading global electronic trading platform specializing in fixed-income securities and related products. The company’s network enables institutional investors and broker-dealers to trade corporate bonds, municipal securities, emerging markets debt, U.S. Treasuries and credit default swaps in an automated, multi-dealer environment. MarketAxess also offers portfolio trading, data analytics, best-execution tools and post-trade services to streamline workflows and enhance price discovery across its marketplace.
In addition to core voice-like trading protocols, MarketAxess provides Open Trading®, an anonymous, all-to-all trading protocol designed to improve liquidity and transaction efficiency.
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Key Takeaways MarketAxess is diversifying beyond U.S. credit as international markets and new trading protocols expand.MKTX's revenues outside U.S. credit rose 9%, offsetting a 9% decline in U.S. credit commission revenues.MarketAxess faces risks from trading volumes, investment costs and a forward P/E above the industry average. MarketAxess Holdings Inc. (MKTX - Free Report) is a leading multi-dealer electronic trading platform that provides institutional investors with access to global liquidity across products including U.S. high-grade and high-yield corporate bonds, emerging markets, Eurobonds and other fixed-income securities.
MarketAxess’ growth is driven by strong trading volumes, international expansion, new trading protocols, strategic acquisitions and partnerships, and robust cash generation that support continued investment and shareholder returns. Over the past three months, shares of MKTX have gained 35%, outperforming the industry’s 7.1% growth. MKTX currently carries a Zacks Rank #3 (Hold).
Where Do Estimates for MKTX Stand?The Zacks Consensus Estimate for MKTX’s 2026 earnings is pegged at $8.06 per share, indicating a 9.1% year-over-year rise, which has remained stable over the past seven days. The consensus mark for revenues is pegged at $896.57 million for 2026, implying a 5.9% year-over-year increase. MKTX beat earnings estimates in each of the past four quarters, with an average surprise of 4.6%.
MarketAxess Holdings Inc. Price, Consensus and EPS SurpriseMKTX’s Growth DriversMarketAxess’ continued expansion beyond its core U.S. credit business represents an important growth factor, as international markets and newer electronic trading protocols are helping diversify revenue growth. In the second quarter of 2026, revenues outside U.S. credit increased 9%, while strong activity in emerging markets and alternative trading channels supported continued expansion. However, overall revenues remained relatively flat year over year and U.S. credit commission revenues declined 9%, highlighting the importance of diversification in offsetting weakness in the company’s traditional U.S. credit business.
MarketAxess’ continued investment in platform innovation, proprietary data and AI is an important growth factor because it can improve trading efficiency, execution quality and client experience. The enhanced X-Pro front end and ongoing technology modernization support a more scalable platform, while MarketAxess’ proprietary data provides a strong foundation for AI-driven analytics. Its global network generated more than $5 trillion of notional inquiry information and $34 trillion of notional response information in 2025, giving the company a differentiated data asset that can support further development of analytics and trading solutions.
MarketAxess is also expanding its platform capabilities into new electronic trading and connectivity opportunities, creating additional avenues for future growth. The RFQ Hub acquisition strengthens its technology and connectivity capabilities, while the DirectBooks partnership supports the development of an integrated new-issue trading solution. These initiatives broaden the functionality of the platform and allow MarketAxess to capture trading activity beyond its established markets.
MKTX maintains a strong financial position, supported by substantial cash reserves and healthy profitability. It concluded second-quarter 2026 with $245.8 million in cash and cash equivalents, coupled with minimal operating lease liabilities of $63 million. Profitability also remains healthy. Its trailing 12-month return on equity (ROE) is 22.5%, well above the industry average of 14.1%. This reflects efficient use of shareholder capital.
MKTX’s Key RisksThere are some factors, however, which investors should keep an eye on.
MarketAxess’ performance remains sensitive to institutional fixed-income trading activity. Lower volatility, tighter spreads or subdued market volumes could reduce transaction-based revenues. The company continues investing in technology, automation and platform development, which could increase costs and pressure margins. Though second-quarter 2026 showed expense discipline, with total expenses rising only 1% year over year, sustained investment requirements could continue to weigh on profitability.
The company’s valuation also remains relatively elevated. MarketAxess currently has a forward 12-month P/E of 19.08X, above the industry average of 13.81X, leaving less room for disappointment if growth or profitability falls short of expectations.
Key PicksSome better-ranked stocks in the broader Finance space are Morgan Stanley (MS - Free Report) and The Goldman Sachs Group, Inc. (GS - Free Report) , both sporting a Zacks Rank #1 (Strong Buy) at present, and JPMorgan Chase & Co. (JPM - Free Report) , carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Morgan Stanley’s 2026 earnings is pegged at $12.79 per share, which has witnessed eight upward revisions in the past 60 days, with no movement in the opposite direction. MS beat earnings estimates in each of the trailing four quarters, with the average surprise being 19.4%. The consensus estimate for 2026 revenues is pinned at $81.87 billion, implying 15.9% year-over-year growth.
The Zacks Consensus Estimate for Goldman Sachs’s 2026 earnings is pegged at $68.89 per share, which has witnessed seven upward revisions in the past 60 days, with no movement in the opposite direction. GS beat earnings estimates in each of the trailing four quarters, with the average surprise being 20.4%. The consensus estimate for 2026 revenues is pinned at $70.58 billion, implying 21.1% year-over-year growth.
The Zacks Consensus Estimate for JPMorgan’s 2026 earnings is pegged at $24.93 per share, which has witnessed six upward revisions in the past 60 days, with no movement in the opposite direction. JPM beat earnings estimates in each of the trailing four quarters, with the average surprise being 7.3%. The consensus estimate for 2026 revenues is pinned at $206.63 billion, implying 13.3% year-over-year growth.
BlackRock Inc. purchased a new position in MarketAxess Holdings Inc. (NASDAQ:MKTX – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 3,999,836 shares of the financial services provider’s stock, valued at approximately $453,941,000. BlackRock Inc. owned 11.25% of MarketAxess at the end of the most recent reporting period.
Several other institutional investors also recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp increased its position in shares of MarketAxess by 151.0% during the first quarter. Jones Financial Companies Lllp now owns 2,683 shares of the financial services provider’s stock worth $580,000 after acquiring an additional 1,614 shares during the period. Empowered Funds LLC boosted its holdings in shares of MarketAxess by 8.4% in the first quarter. Empowered Funds LLC now owns 1,716 shares of the financial services provider’s stock valued at $371,000 after purchasing an additional 133 shares during the period. Woodline Partners LP grew its stake in MarketAxess by 40.7% in the first quarter. Woodline Partners LP now owns 3,185 shares of the financial services provider’s stock worth $689,000 after purchasing an additional 921 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in MarketAxess by 200.0% in the first quarter. Geneos Wealth Management Inc. now owns 120 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 80 shares in the last quarter. Finally, Sivia Capital Partners LLC purchased a new position in MarketAxess during the 2nd quarter worth $406,000. Hedge funds and other institutional investors own 99.01% of the company’s stock.
MarketAxess Price Performance Shares of MKTX opened at $162.46 on Tuesday. The company has a 50 day moving average of $132.84 and a two-hundred day moving average of $150.74. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.09. MarketAxess Holdings Inc. has a twelve month low of $108.75 and a twelve month high of $195.96. The company has a market cap of $5.72 billion, a price-to-earnings ratio of 19.16, a price-to-earnings-growth ratio of 2.07 and a beta of 0.83.
MarketAxess (NASDAQ:MKTX – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The financial services provider reported $1.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.85 by $0.10. MarketAxess had a return on equity of 22.48% and a net margin of 35.22%.The business had revenue of $218.41 million for the quarter, compared to the consensus estimate of $216.70 million. During the same period in the prior year, the firm posted $2.00 earnings per share. The business’s quarterly revenue was down .5% on a year-over-year basis. As a group, analysts predict that MarketAxess Holdings Inc. will post 8.06 earnings per share for the current fiscal year. MarketAxess Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Wednesday, August 19th will be given a dividend of $0.78 per share. This represents a $3.12 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Wednesday, August 19th. MarketAxess’s dividend payout ratio is currently 36.79%.
Wall Street Analysts Forecast Growth MKTX has been the subject of a number of research analyst reports. UBS Group lowered MarketAxess from a “buy” rating to a “neutral” rating and decreased their target price for the company from $200.00 to $167.00 in a research report on Friday, July 31st. William Blair lowered MarketAxess from an “outperform” rating to a “market perform” rating in a research note on Thursday, July 30th. Morgan Stanley dropped their target price on shares of MarketAxess from $195.00 to $129.00 and set an “equal weight” rating on the stock in a report on Friday, July 10th. Barclays raised their target price on shares of MarketAxess from $132.00 to $167.00 and gave the company an “equal weight” rating in a research report on Monday, August 10th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of MarketAxess in a research report on Monday, August 3rd. One investment analyst has rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $156.10.
View Our Latest Stock Report on MarketAxess
About MarketAxess (Free Report)
MarketAxess Holdings Inc operates a leading global electronic trading platform specializing in fixed-income securities and related products. The company’s network enables institutional investors and broker-dealers to trade corporate bonds, municipal securities, emerging markets debt, U.S. Treasuries and credit default swaps in an automated, multi-dealer environment. MarketAxess also offers portfolio trading, data analytics, best-execution tools and post-trade services to streamline workflows and enhance price discovery across its marketplace.
In addition to core voice-like trading protocols, MarketAxess provides Open Trading®, an anonymous, all-to-all trading protocol designed to improve liquidity and transaction efficiency.
Further Reading Five stocks we like better than MarketAxess Visa Just Put Hims & Hers in the Penalty Box—Here’s Why It Matters Treasury Yields Are Surging Again: 3 Stocks That Could Feel the Pain Snowflake Could Be Headed for New Highs Despite Insider Selling MongoDB Is Surging—And the Next Catalyst Is Almost Here
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Caisse de depot et placement du Quebec bought a new position in MarketAxess Holdings Inc. (NASDAQ:MKTX – Free Report) in the second quarter, according to its most recent filing with the SEC. The firm bought 23,004 shares of the financial services provider’s stock, valued at approximately $2,611,000. Caisse de depot et placement du Quebec owned approximately 0.07% of MarketAxess as of its most recent SEC filing.
Other large investors also recently bought and sold shares of the company. BlackRock Inc. purchased a new position in MarketAxess in the 2nd quarter worth $453,941,000. Primecap Management Co. CA purchased a new stake in MarketAxess during the 2nd quarter valued at about $397,772,000. AQR Capital Management LLC grew its stake in MarketAxess by 169.0% during the 4th quarter. AQR Capital Management LLC now owns 2,558,097 shares of the financial services provider’s stock valued at $463,655,000 after purchasing an additional 1,607,009 shares during the last quarter. North Reef Capital Management LP increased its holdings in shares of MarketAxess by 16.5% in the first quarter. North Reef Capital Management LP now owns 1,875,000 shares of the financial services provider’s stock valued at $309,338,000 after purchasing an additional 265,670 shares during the period. Finally, State Street Corp increased its holdings in shares of MarketAxess by 4.6% in the second quarter. State Street Corp now owns 1,532,696 shares of the financial services provider’s stock valued at $342,312,000 after purchasing an additional 67,290 shares during the period. Hedge funds and other institutional investors own 99.01% of the company’s stock.
MarketAxess Stock Performance MKTX opened at $162.72 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.85 and a quick ratio of 1.85. The firm has a fifty day moving average price of $136.14 and a 200 day moving average price of $150.83. MarketAxess Holdings Inc. has a 1 year low of $108.75 and a 1 year high of $195.96. The stock has a market cap of $5.73 billion, a P/E ratio of 19.19, a P/E/G ratio of 2.07 and a beta of 0.83.
MarketAxess (NASDAQ:MKTX – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The financial services provider reported $1.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.85 by $0.10. MarketAxess had a net margin of 35.22% and a return on equity of 22.48%. The firm had revenue of $218.41 million for the quarter, compared to the consensus estimate of $216.70 million. During the same period in the prior year, the firm posted $2.00 earnings per share. The firm’s quarterly revenue was down .5% compared to the same quarter last year. Equities research analysts anticipate that MarketAxess Holdings Inc. will post 8.06 earnings per share for the current year. MarketAxess Announces Dividend The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Wednesday, August 19th will be paid a dividend of $0.78 per share. This represents a $3.12 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Wednesday, August 19th. MarketAxess’s dividend payout ratio is presently 36.79%.
Wall Street Analysts Forecast Growth Several brokerages recently weighed in on MKTX. Piper Sandler cut their price target on shares of MarketAxess from $175.00 to $128.00 and set a “neutral” rating on the stock in a report on Wednesday, July 15th. Rothschild & Co Redburn restated a “neutral” rating and set a $134.00 price objective (down from $189.00) on shares of MarketAxess in a research note on Thursday, June 11th. Morgan Stanley dropped their price objective on shares of MarketAxess from $195.00 to $129.00 and set an “equal weight” rating on the stock in a report on Friday, July 10th. Weiss Ratings reiterated a “sell (d+)” rating on shares of MarketAxess in a research note on Monday, August 3rd. Finally, Benchmark reissued a “buy” rating on shares of MarketAxess in a report on Wednesday, July 8th. One equities research analyst has rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, MarketAxess has a consensus rating of “Hold” and a consensus target price of $156.10.
Check Out Our Latest Stock Report on MKTX
About MarketAxess (Free Report)
MarketAxess Holdings Inc operates a leading global electronic trading platform specializing in fixed-income securities and related products. The company’s network enables institutional investors and broker-dealers to trade corporate bonds, municipal securities, emerging markets debt, U.S. Treasuries and credit default swaps in an automated, multi-dealer environment. MarketAxess also offers portfolio trading, data analytics, best-execution tools and post-trade services to streamline workflows and enhance price discovery across its marketplace.
In addition to core voice-like trading protocols, MarketAxess provides Open Trading®, an anonymous, all-to-all trading protocol designed to improve liquidity and transaction efficiency.
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BALA CYNWYD, Pa., Aug. 13, 2026 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky ([email protected]) or Marc Ackerman ([email protected]) at 855-576-4847. There is no cost or financial obligation to you.
Bank of America Corp DE lifted its stake in shares of MarketAxess Holdings Inc. (NASDAQ:MKTX – Free Report) by 32.4% in the first quarter, according to its most recent filing with the SEC. The fund owned 263,858 shares of the financial services provider’s stock after acquiring an additional 64,627 shares during the period. Bank of America Corp DE owned approximately 0.74% of MarketAxess worth $43,531,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MKTX. Ancora Advisors LLC boosted its holdings in shares of MarketAxess by 1.9% in the 3rd quarter. Ancora Advisors LLC now owns 3,522 shares of the financial services provider’s stock worth $614,000 after purchasing an additional 67 shares in the last quarter. Orion Porfolio Solutions LLC increased its position in shares of MarketAxess by 1.7% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 4,203 shares of the financial services provider’s stock valued at $939,000 after purchasing an additional 69 shares during the last quarter. Krilogy Financial LLC raised its holdings in shares of MarketAxess by 1.0% during the 1st quarter. Krilogy Financial LLC now owns 7,884 shares of the financial services provider’s stock valued at $1,368,000 after buying an additional 77 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of MarketAxess by 200.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 120 shares of the financial services provider’s stock valued at $26,000 after buying an additional 80 shares in the last quarter. Finally, Maryland State Retirement & Pension System lifted its position in MarketAxess by 1.1% in the 4th quarter. Maryland State Retirement & Pension System now owns 7,181 shares of the financial services provider’s stock worth $1,302,000 after buying an additional 81 shares during the last quarter. 99.01% of the stock is currently owned by hedge funds and other institutional investors.
MarketAxess Stock Performance Shares of MKTX stock opened at $162.60 on Thursday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.17 and a current ratio of 2.17. MarketAxess Holdings Inc. has a fifty-two week low of $108.75 and a fifty-two week high of $195.96. The stock has a 50 day moving average price of $125.76 and a two-hundred day moving average price of $151.07. The company has a market capitalization of $5.72 billion, a P/E ratio of 19.17, a PEG ratio of 4.12 and a beta of 0.83.
MarketAxess (NASDAQ:MKTX – Get Free Report) last issued its earnings results on Thursday, July 30th. The financial services provider reported $1.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.85 by $0.10. The firm had revenue of $218.41 million for the quarter, compared to analysts’ expectations of $216.70 million. MarketAxess had a net margin of 35.22% and a return on equity of 22.48%. The business’s revenue was down .5% on a year-over-year basis. During the same quarter last year, the business earned $2.00 earnings per share. Analysts expect that MarketAxess Holdings Inc. will post 8.05 earnings per share for the current year.
MarketAxess Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Wednesday, August 19th will be paid a dividend of $0.78 per share. This represents a $3.12 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Wednesday, August 19th. MarketAxess’s dividend payout ratio is 36.79%.
Wall Street Analyst Weigh In Several analysts have issued reports on the company. Wall Street Zen lowered MarketAxess from a “hold” rating to a “sell” rating in a research note on Saturday, August 1st. Morgan Stanley cut their price objective on shares of MarketAxess from $195.00 to $129.00 and set an “equal weight” rating for the company in a research note on Friday, July 10th. Rothschild & Co Redburn reaffirmed a “neutral” rating and set a $134.00 target price (down from $189.00) on shares of MarketAxess in a report on Thursday, June 11th. Benchmark reiterated a “buy” rating on shares of MarketAxess in a research report on Wednesday, July 8th. Finally, UBS Group cut shares of MarketAxess from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $200.00 to $167.00 in a research report on Friday, July 31st. One analyst has rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, MarketAxess currently has a consensus rating of “Hold” and an average target price of $156.10.
Read Our Latest Research Report on MarketAxess
MarketAxess Company Profile (Free Report)
MarketAxess Holdings Inc operates a leading global electronic trading platform specializing in fixed-income securities and related products. The company’s network enables institutional investors and broker-dealers to trade corporate bonds, municipal securities, emerging markets debt, U.S. Treasuries and credit default swaps in an automated, multi-dealer environment. MarketAxess also offers portfolio trading, data analytics, best-execution tools and post-trade services to streamline workflows and enhance price discovery across its marketplace.
In addition to core voice-like trading protocols, MarketAxess provides Open Trading®, an anonymous, all-to-all trading protocol designed to improve liquidity and transaction efficiency.
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Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2025 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating
Forte Biosciences, Inc. (NASDAQ: FBRX) related to its sale to argenx BV. Under the terms of the proposed transaction, Forte Biosciences shareholders are expected to receive $77.00 per share in cash. ACT NOW. The Tender Offer expires on August 26, 2026.
Click here for more info https://monteverdelaw.com/case/forte-biosciences-inc/. It is free and there is no cost or obligation to you.
Luxfer Holdings PLC (NYSE: LXFR) related to its sale to affiliates of Wynnchurch Capital L.P. Under the terms of the proposed transaction, Luxfer shareholders are expected to receive $17.37 per share in cash. Click here for more information https://monteverdelaw.com/case/luxfer-holdings-plc/. It is free and there is no cost or obligation to you.
Sanara MedTech Inc. (NASDAQ: SMTI) related to its sale to MiMedx Group, Inc. Under the terms of the proposed transaction, Sanara shareholders are expected to receive $33.00 in cash and 0.4735 shares of MiMedx common stock for each share of Sanara common stock. Click here for more information https://monteverdelaw.com/case/sanara-medtech-inc/. It is free and there is no cost or obligation to you.
MarketAxess Holdings Inc. (NASDAQ: MKTX) related to its sale to Intercontinental Exchange, Inc. Under the terms of the proposed transaction, MarketAxess shareholders are expected to receive $167.00 per share in cash. Click here for more info https://monteverdelaw.com/case/marketaxess-holdings-inc/. It is free and there is no cost or obligation to you.
NOT ALL LAW FIRMS ARE THE SAME. Before you hire a law firm, you should talk to a lawyer and ask:
Do you file class actions and go to Court?When was the last time you recovered money for shareholders?What cases did you recover money in and how much? About Monteverde & Associates PC
Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court.
No company, director or officer is above the law. If you own common stock in the above listed company and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at [email protected] or by telephone at (212) 971-1341.
Contact:
Juan Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4740
New York, NY 10118
United States of America [email protected]
Tel: (212) 971-1341
Attorney Advertising. (C) 2026 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.
MONSEY, N.Y., Aug. 06, 2026 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of MarketAxess Holdings Inc. (Nasdaq: MKTX) (“MarketAxess”) to Intercontinental Exchange, Inc. (“ICE”), pursuant to which MarketAxess shareholders will receive $167.00 per share in cash.
Notably, the $167.00 per share sale price sits well below MarketAxess’ 52-week high of $200.90 per share, which may indicate an opportunistic purchase. Indeed, on July 8, 2026, UBS analyst Alex Kramm announced a price target of $200.00 per share for MarketAxess.
Additionally, on Seeking Alpha, several shareholders have expressed concerns about the price. One shareholder asserted that “accepting ICE’s low ball bid is indefensible.” A different shareholder complained that “management is stealing from shareholders by selling the company down in the hole.” Yet another claimed, “Selling it for a song.”
If you remain a MarketAxess shareholder and have concerns about the fairness of the proposed sale, you may contact our firm at the following link to discuss your legal rights at no charge:
https://wohlfruchter.com/cases/marketaxess/
Alternatively, you may contact us by phone at 866-833-6245, or via email at [email protected].
“We are investigating whether the MarketAxess Board of Directors acted in the best interests of MarketAxess shareholders in approving the sale,” explained Joshua Fruchter, a founding partner of Wohl & Fruchter. “This includes whether the cash consideration agreed upon is fair to MarketAxess shareholders in light of the stock's recent trading history, and whether all material information regarding the transaction has been fully disclosed. We encourage MarketAxess stockholders to contact us if they have any concerns.”
About Wohl & Fruchter
Wohl & Fruchter LLP has for over a decade been representing investors in litigation arising from fraud and other corporate misconduct, and recovered hundreds of millions of dollars in damages for investors. Please visit our website, www.wohlfruchter.com, to learn more about our Firm, or contact one of our partners.
Contact:
Wohl & Fruchter LLP
Joshua E. Fruchter
Toll Free 866.833.6245 [email protected]
www.wohlfruchter.com
NEW YORK, Aug. 04, 2026 (GLOBE NEWSWIRE) -- Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2025 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating
Forte Biosciences, Inc. (NASDAQ: FBRX) related to its sale to argenx BV. Under the terms of the proposed transaction, Forte Biosciences shareholders are expected to receive $77.00 per share in cash. Click here for more info https://monteverdelaw.com/case/forte-biosciences-inc/. It is free and there is no cost or obligation to you.
Luxfer Holdings PLC (NYSE: LXFR) related to its sale to affiliates of Wynnchurch Capital L.P. Under the terms of the proposed transaction, Luxfer shareholders are expected to receive $17.37 per share in cash. Click here for more information https://monteverdelaw.com/case/luxfer-holdings-plc/. It is free and there is no cost or obligation to you.
Sanara MedTech Inc. (NASDAQ: SMTI) related to its sale to MiMedx Group, Inc. Under the terms of the proposed transaction, Sanara shareholders are expected to receive $33.00 in cash and 0.4735 shares of MiMedx common stock for each share of Sanara common stock. Click here for more information https://monteverdelaw.com/case/sanara-medtech-inc/. It is free and there is no cost or obligation to you.
MarketAxess Holdings Inc. (NASDAQ: MKTX) related to its sale to Intercontinental Exchange, Inc. Under the terms of the proposed transaction, MarketAxess shareholders are expected to receive $167.00 per share in cash. Click here for more info https://monteverdelaw.com/case/marketaxess-holdings-inc/. It is free and there is no cost or obligation to you.
NOT ALL LAW FIRMS ARE THE SAME. Before you hire a law firm, you should talk to a lawyer and ask:
Do you file class actions and go to Court?When was the last time you recovered money for shareholders?What cases did you recover money in and how much? About Monteverde & Associates PC
Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court.
No company, director or officer is above the law. If you own common stock in the above listed company and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at [email protected] or by telephone at (212) 971-1341.
Contact:
Juan Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4740
New York, NY 10118
United States of America [email protected]
Tel: (212) 971-1341
Attorney Advertising. (C) 2026 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.
Insiders may stand to receive substantial financial benefits not available to ordinary shareholders.
The proposed transactions may contain terms that could limit superior competing offers.
Shareholders are encouraged to contact the firm to discuss their rights and options at no cost or obligation. We would handle any matter on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.
, /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
MarketAxess Holdings Inc. (NASDAQ: MKTX)'s sale to Intercontinental Exchange, Inc. for $167.00 per share in cash. If you are a MarketAxess shareholder, click here to learn more about your legal rights and options.
Sanara MedTech Inc. (NASDAQ: SMTI)'s sale to MiMedx Group, Inc. for $33.00 in cash and 0.4735 shares of MiMedx common stock for each share of Sanara common stock. If you are a Sanara shareholder, click here to learn more about your legal rights and options.
LivePerson, Inc. (NASDAQ: LPSN)'s sale to SoundHound AI, Inc. for an equity value of $43 million. If you are a LivePerson shareholder, click here to learn more about your rights and options.
On behalf of shareholders, Halper Sadeh LLC may seek increased consideration, additional disclosures and information, or other relief and benefits.
Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Halper Sadeh LLC
Daniel Sadeh, Esq.
Zachary Halper, Esq.
One World Trade Center
85th Floor
New York, NY 10007
(212) 763-0060
[email protected]
[email protected]
https://www.halpersadeh.com
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of MarketAxess Holdings Inc. (NasdaqGS: MKTX) to Intercontinental Exchange, Inc. (NYSE: ICE). Under the terms of the proposed transaction, shareholders of MarketAxess will receive $167.00 in cash for each share of MarketAxess that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ([email protected]) toll free at any time at (833) 538-3612, or visit https://www.ksfcounsel.com/cases/nasdaqgs-mktx/ to learn more.
To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.
Key Takeaways MKTX beat Q2 earnings estimates despite lower revenues and a year-over-year decline in adjusted EPS.MarketAxess saw emerging markets trading volume rise 12%, while Eurobonds trading volume also increased.MKTX faced weaker high-grade and high-yield trading volumes, higher expenses and lower commission revenues. MarketAxess Holdings Inc. (MKTX - Free Report) reported second-quarter 2026 adjusted earnings per share of $1.95, which beat the Zacks Consensus Estimate by 3.7%. However, the bottom line decreased 2.5% year over year.
Total revenues were $218.4 million, which fell 0.5% year over year. However, the top line beat the consensus mark by 0.5%.
The quarterly results were aided by solid growth in emerging markets and Eurobonds trading volumes. Increased information services, technology services and post-trade services revenues also contributed to the upside. The gains were partly offset by higher expenses and lower commission revenues, along with weaker high-grade and high-yield trading volumes.
MarketAxess’ Quarterly Operational UpdateCommission revenues declined 3% year over year to $186.9 million. The metric missed the Zacks Consensus Estimate of $188.9 million and our estimate of $196.2 million. Information services revenues of $16.1 million grew 23% year over year. The metric beat the consensus mark of $14.1 million and our estimate of $13.2 million. Post-trade services revenues increased 5% year over year to $11.6 million, while technology services revenues rose 8% to $3.8 million.
Total expenses were $128.5 million, which rose 1% year over year in the quarter due to higher technology and communications costs, professional and consulting fees, and marketing and advertising. The metric was lower than our estimate of $138.3 million.
MarketAxess’ net income fell 4% year over year to $68.3 million but came in higher than our estimate of $67.1 million. The net income margin of 31.3% deteriorated 110 basis points year over year.
MarketAxess’ Trading VolumesThe high-grade trading volume of MarketAxess was $461.1 billion in the second quarter, which declined 4% year over year and lagged the Zacks Consensus Estimate of $473.4 billion. The ADV of the same product category totaled $7.4 million, which fell 4% year over year and missed the Zacks Consensus Estimate of $7.6 million.
High-yield trading volume of $96.7 billion fell 8% year over year, while ADV declined 8% to $1.6 billion. Other credit trading volume rose 2% year over year to $40.7 billion, whereas ADV for the same product category increased 2% to $657 million.
Trading volume and ADV of emerging markets rose 12% each on a year-over-year basis to $279 billion and $4.5 billion, respectively. The Eurobonds’ trading volume rose 2% and ADV improved 1% on a year-over-year basis.
The total credit trading volume of $1 trillion rose 1% year over year. Total credit ADV inched up 0.3% to $16.9 billion. Total rates’ trading volume and ADV of this product category each declined 19% on a year-over-year basis.
MarketAxess’ Balance Sheet (As of June 30, 2026)MarketAxess exited the second quarter with cash and cash equivalents of $245.8 million, which fell from the 2025-end level of $519.7 million. Total assets of $2.4 billion rose 25.2% from the figure at 2025-end.
The company had $112 million in outstanding borrowings under its credit facility at the end of the second quarter. Total stockholders’ equity of $1.2 billion rose 8.1% from the 2025-end level.
MarketAxess’ Cash FlowsNet cash provided by operating activities was $26.8 million in the second quarter of 2026 compared with $103.7 million in the prior-year quarter. The free cash flow declined 21.3% year over year to $88.9 million in the second quarter of 2026.
MarketAxess’ Capital Deployment UpdateAs of July 29, 2026, $205 million remained available under the board-authorized share repurchase program.
The board declared a quarterly cash dividend of 78 cents per share, which will be paid out on Sept. 2, 2026, to its shareholders of record as of Aug. 19.
MKTX has entered into a definitive agreement to be acquired by Intercontinental Exchange, Inc.
MKTX’s Zacks RankMKTX currently has a Zacks Rank #4 (Sell).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
How Did Peers Perform?Here are some stocks from the broader finance space that have also reported their quarterly results: RenaissanceRe Holdings Ltd. (RNR - Free Report) , Aon plc (AON - Free Report) and The Hartford Insurance Group, Inc. (HIG - Free Report) . Here's how they have performed:
RenaissanceRe reported second-quarter 2026 operating income of $12.92 per share, which surpassed the Zacks Consensus Estimate by 12.9%. The bottom line also improved 5.1% year over year. Total operating revenues declined 6.7% year over year to $2.64 billion. The quarterly earnings benefited from lower expenses, higher net investment income and an improved total combined ratio. However, RNR’s upside was partly offset by lower net premiums earned, weaker underwriting results in the Casualty & Specialty segment and lower fee income.
Aon reported second-quarter 2026 adjusted earnings of $3.81 per share, which surpassed the Zacks Consensus Estimate by 1.1%. The bottom line advanced 9% year over year. Total revenues of $4.2 billion grew 2% year over year. AON’s quarterly results were supported by strong organic revenue growth, healthy client retention, operating margin expansion and disciplined execution. Solid performance across the Commercial Risk, Reinsurance and Health Solutions businesses was partly offset by weakness in Wealth Solutions.
Hartford delivered second-quarter fiscal 2026 earnings per share of $3.42, up 6% year over year and above the Zacks Consensus Estimate of $3.12 by 9.6%. Revenues came in at $5.23 billion, which improved 6.8% year over year. HIG’s quarterly results benefited from higher investment income, premium growth in Business Insurance and improving Personal Insurance profitability. Strong new business expansion in Small Business and favorable pricing trends supported results. However, the upside was partly offset by an increased expense level, higher catastrophe losses and weaker Employee Benefits profitability.
NYSE issues a pre-market daily advisory direct from the trading floor. NEW YORK, Aug. 3, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor.
Key Takeaways MKTX stock soared after it agreed to a roughly $6 billion all-cash acquisition by ICE at $167 per share.ICE aims to expand fixed-income trading through MarketAxess' electronic bond platform.ICE and MKTX both reported second-quarter earnings that exceeded the consensus estimate. MarketAxess Holdings Inc. (MKTX - Free Report) emerged as one of Wall Street's biggest winners on July 30 after announcing that it has agreed to be acquired by Intercontinental Exchange, Inc. (ICE - Free Report) in an all-cash transaction valued at approximately $6 billion. The deal, which offers MarketAxess shareholders $167 per share in cash, represents a premium of roughly 33% over the company's previous closing price. Investors welcomed the acquisition, sending MarketAxess’ shares soaring 29.5% in the session as the offer significantly exceeded the stock's pre-announcement trading level.
The acquisition strengthens Intercontinental Exchange's presence in the fixed-income trading market, expanding beyond its established businesses in exchanges, clearing houses and financial data services. MarketAxess operates one of the world's leading electronic trading platforms for corporate bonds and other fixed-income securities, making it a strategic addition to ICE's portfolio. The combination is expected to enhance ICE's capabilities in electronic bond trading while broadening its reach across global capital markets. The transaction is subject to customary regulatory approvals and is expected to close later this year.
Intercontinental Exchange’s shares also advanced 1.3% following the announcement, as investors looked beyond the acquisition cost and focused on the company's broader capital allocation strategy and financial performance. Alongside the deal, both ICE and MKTX reported quarterly earnings before markets opened on July 30.
MKTX & ICE Deliver Better-Than-Expected Q2 ResultsICE reported second-quarter 2026 adjusted earnings of $1.90 per share, which rose 5% year over year and beat the Zacks Consensus Estimate by 3.26%. Net revenues of $2.67 billion increased 4.8% and beat the consensus mark by 1.51%. MKTX also came out with quarterly earnings of $1.95 per share for the same quarter, beating the Zacks Consensus Estimate of $1.88 per share. This compares to earnings of $2 per share a year ago. It posted revenues of $218.4 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.5%. This compares to year-ago revenues of $219.5 million.
Comparison With Peers
MKTX, which currently carries a Zacks Rank #3 (Hold), is part of the Zacks Financial - Investment Bank industry. Its shares have fallen 10.2% year to date against a 7.1% advance for the industry. The PNC Financial Services Group, Inc. (PNC - Free Report) and Nomura Holdings, Inc. (NMR - Free Report) , two of MKTX’s peers from the same industry, have gained 19.2% and 13.9% in the same period, respectively. While PNC also carries a Zacks Rank #3, NMR boasts a Rank #1 (Strong Buy). ICE, which carries a Rank #4 (Sell), has lost 3.4% of its value year to date. You can see the complete list of today’s Zacks #1 Rank stocks here.
Bottom LineThe acquisition marks one of the largest exchange-industry deals in recent years and underscores the growing importance of technology-driven trading platforms in global financial markets. For investors, the sharp rally in MarketAxess and the positive reaction in ICE reflected confidence that the transaction could create long-term value while strengthening ICE's competitive position in the evolving market infrastructure landscape.
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating the sale of MarketAxess Holdings Inc. (NASDAQ: MKTX) to Intercontinental Exchange, Inc. for $167.00 per share in cash.Halper Sadeh encourages MarketAxess shareholders to click here to learn more about their rights and options or contact Daniel Sadeh or Zachary Halper free of charge at (212) 763-0060 or [email protected] or [email protected] investigation concerns whether MarketAxess and its b.
Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- Ademi LLP is investigating MarketAxess (Nasdaq: MKTX) for possible breaches of fiduciary duty and other violations of law in its recently announced transaction with Intercontinental Exchange, Inc.
Click here to learn how to join our investigation and obtain additional information or contact us at [email protected] or toll-free: 866-264-3995. There is no cost or obligation to you.
MarketAxess shareholders will receive $167 per share in cash, valuing MarketAxess at an equity value of approximately $6.0 billion and a total enterprise value of approximately $5.7 billion. MarketAxess insiders will receive substantial benefits as part of change of control arrangements.
The transaction agreement unreasonably limits competing transactions for MarketAxess by imposing a significant penalty if MarketAxess accepts a competing bid. We are investigating the conduct of the MarketAxess board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2025 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating MarketAxess Holdings Inc. (NASDAQ: MKTX) related to its sale to Intercontinental Exchange, Inc. Under the terms of the proposed transaction, MarketAxess shareholders are expected to receive $167.00 per share in cash. Is it a fair deal?
Click here for more info https://monteverdelaw.com/case/marketaxess-holdings-inc/. It is free and there is no cost or obligation to you.
NOT ALL LAW FIRMS ARE EQUAL. Before you hire a law firm, you should talk to a lawyer and ask:
Do you file class actions and go to Court? When was the last time you recovered money for shareholders? What cases did you recover money in and how much? About Monteverde & Associates PC
Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court.
No one is above the law. If you own common stock in the above listed company and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at [email protected] or by telephone at (212) 971-1341.
Contact:
Juan Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4740
New York, NY 10118
United States of America
[email protected]
Tel: (212) 971-1341
Attorney Advertising. (C) 2026 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.
, /PRNewswire/ -- Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2025 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating MarketAxess Holdings Inc. (NASDAQ: MKTX) related to its sale to Intercontinental Exchange, Inc. Under the terms of the proposed transaction, MarketAxess shareholders are expected to receive $167.00 per share in cash. Is it a fair deal?
Click here for more info https://monteverdelaw.com/case/marketaxess-holdings-inc/. It is free and there is no cost or obligation to you.
NOT ALL LAW FIRMS ARE EQUAL. Before you hire a law firm, you should talk to a lawyer and ask:
Do you file class actions and go to Court? When was the last time you recovered money for shareholders? What cases did you recover money in and how much? About Monteverde & Associates PC
Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court.
No one is above the law. If you own common stock in the above listed company and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at [email protected] or by telephone at (212) 971-1341.
Contact:
Juan Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4740
New York, NY 10118
United States of America
[email protected]
Tel: (212) 971-1341
Attorney Advertising. (C) 2026 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.
Intercontinental Exchange, Inc. (NYSE: ICE), one of the world's leading providers of financial market technology and data powering global capital markets, today
MarketAxess (MKTX - Free Report) came out with quarterly earnings of $1.95 per share, beating the Zacks Consensus Estimate of $1.88 per share. This compares to earnings of $2 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +3.72%. A quarter ago, it was expected that this operator of bond trading platforms would post earnings of $2.15 per share when it actually produced earnings of $2.25, delivering a surprise of +4.65%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
MarketAxess, which belongs to the Zacks Financial - Investment Bank industry, posted revenues of $218.42 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.49%. This compares to year-ago revenues of $219.46 million. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
MarketAxess shares have lost about 30.6% since the beginning of the year versus the S&P 500's gain of 6.9%.
What's Next for MarketAxess?While MarketAxess has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for MarketAxess was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.95 on $221.04 million in revenues for the coming quarter and $8.01 on $897.45 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial - Investment Bank is currently in the top 9% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the broader Zacks Finance sector, Federal Realty Investment Trust (FRT - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on July 31.
This real estate investment trust is expected to post quarterly earnings of $1.85 per share in its upcoming report, which represents a year-over-year change of -3.1%. The consensus EPS estimate for the quarter has been revised 0.2% lower over the last 30 days to the current level.
Federal Realty Investment Trust's revenues are expected to be $333.5 million, up 7.1% from the year-ago quarter.
For the quarter ended June 2026, MarketAxess (MKTX - Free Report) reported revenue of $218.42 million, down 0.5% over the same period last year. EPS came in at $1.95, compared to $2.00 in the year-ago quarter.
The reported revenue represents a surprise of +0.49% over the Zacks Consensus Estimate of $217.34 million. With the consensus EPS estimate being $1.88, the EPS surprise was +3.72%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how MarketAxess performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Average Variable Transaction Fee Per Million - Credit: $129.00 versus $129.43 estimated by five analysts on average.Average Daily Volume - Total: $43.07 billion versus the five-analyst average estimate of $45.87 billion.Average Daily Volume - Total credit trading: $16.85 billion versus $17.05 billion estimated by five analysts on average.Average Daily Volume - Total rates trading: $26.22 billion versus the five-analyst average estimate of $28.82 billion.Revenues- Information services: $16.09 million versus the five-analyst average estimate of $14.07 million. The reported number represents a year-over-year change of +23%.Revenues- Post-trade services: $11.6 million versus $11.55 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +4.7% change.Revenues- Technology services: $3.83 million versus the five-analyst average estimate of $3.71 million. The reported number represents a year-over-year change of +8.5%.Revenues- Commissions: $186.9 million versus the five-analyst average estimate of $188.92 million. The reported number represents a year-over-year change of -2.5%.Revenues- Commissions- Total variable transaction fees- Other: $10.31 million versus $10.17 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +46% change.Revenues- Commissions- Total variable transaction fees: $152.7 million versus $155.19 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -3.4% change.Revenues- Commissions- Total variable transaction fees- Credit: $134.34 million compared to the $136.63 million average estimate based on four analysts. The reported number represents a change of -6% year over year.Revenues- Commissions- Total fixed distribution fees: $34.2 million compared to the $33.91 million average estimate based on four analysts. The reported number represents a change of +1.5% year over year.View all Key Company Metrics for MarketAxess here>>>
Shares of MarketAxess have returned +9.8% over the past month versus the Zacks S&P 500 composite's -1.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), one of the world's leading providers of financial market technology and data powering global capital markets, today announced a definitive agreement to acquire MarketAxess Holdings Inc. (Nasdaq: MKTX), a preeminent electronic trading platform for global institutional fixed income markets. The combination will bring together two highly complementary businesses to form a more complete and connected fixed income plat.
NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced financial results for the second quarter ended June 30, 2026. 2Q26 Select Financial and Operational Highlights* Total revenues of $218.4 million were relatively flat compared to the prior year, which benefited from elevated levels of event-driven market volatility. 3% decline in total commission revenue to $186.9 million, drive.
Chair and CEO of Intercontinental Exchange Jeff Sprecher speaks during the FIA Global Cleared Markets Conference Boca 2026, in Boca Raton, Florida, U.S., March 11, 2026. REUTERS/Marco Bello Purchase Licensing Rights, opens new tab
CompaniesJuly 30 (Reuters) - Intercontinental Exchange (ICE.N), opens new tab said on Thursday it will acquire bond trading platform MarketAxess Holdings (MKTX.O), opens new tab in a deal valued at $5.7 billion to expand fixed-income offerings.
ICE shares were up 1.7% before the bell, after it also reported higher quarterly profit, boosted by trading activity.
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Under the terms of the acquisition, ICE will buy all outstanding shares of the trading platform for $167 each in cash, the exchange operator said, which is a 33% premium to its previous closing price.
MarketAxess shares jumped 28% premarket, after having lost nearly 31% this year.
ICE said the combined entity will offer a single platform for fixed-income traders, combining pre-trade price analytics, electronic execution and post-trade compliance tools.
"Together, we will build the fixed-income ecosystem that investors have always deserved - one that is transparent, efficient, fully connected, and accessible to all," ICE CEO Jeff Sprecher said in a statement.
ROBUST RESULTSICE's results were boosted by volatility from the U.S.-Iran war and shifting interest rate and AI expectations, as investors hedged.
Prolonged conflicts in Ukraine and the Middle East also drove oil-market volatility, fueling growth in ICE's energy segment, though the second quarter saw a 13% revenue drop in the segment.
That hedging pushed interest rates average daily volume up 24% year over year, while agriculture and metals volumes rose 36%.
In the quarter, revenue in its exchanges segment, its biggest revenue generator, rose 3% to $1.46 billion.
The fixed-income and data services segment, through which it sells subscription-based pricing data for certain debt assets, posted an 8% jump in revenue. Mortgage technology revenue was up 5%.
"Against a backdrop of rapid change in global markets, our customers continued to turn to ICE's regulated markets, trusted data and mission-critical technology to transfer risk," Sprecher said.
Net income attributable to ICE came in at $958 million, or $1.69 per share, in the three months ended June 30, compared with $851 million, or $1.48 per share, in the year earlier.
Reporting by Pritam Biswas in Bengaluru; Editing by Joyjeet Das and Vijay Kishore
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Intercontinental Exchange, the owner of the New York Stock Exchange, agreed to buy MarketAxess for $6 billion. (Courtesy NYSE)
Intercontinental Exchange, the owner of the New York Stock Exchange, is getting even bigger with its $6 billion purchase of MarketAxess, an electronic platform for fixed-income markets.
MarketAxess stock has been in a steep decline this year and is now hovering near its lowest level in more than a decade. Shares were trading at $114.24 on Monday, down 81% from their all-time high, wiping out much of the company's value as its market capitalization plunged from more than $21 billion to about $4 billion.
Investors looking for stocks in the Financial - Investment Bank sector might want to consider either Nomura Holdings (NMR - Free Report) or MarketAxess (MKTX - Free Report) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.
We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits.
Right now, Nomura Holdings is sporting a Zacks Rank of #2 (Buy), while MarketAxess has a Zacks Rank of #3 (Hold). Investors should feel comfortable knowing that NMR likely has seen a stronger improvement to its earnings outlook than MKTX has recently. However, value investors will care about much more than just this.
Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels.
The Value category of the Style Scores system identifies undervalued companies by looking at a number of key metrics. These include the long-favored P/E ratio, P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that help us determine a company's fair value.
NMR currently has a forward P/E ratio of 12.19, while MKTX has a forward P/E of 14.31. We also note that NMR has a PEG ratio of 2.80. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. MKTX currently has a PEG ratio of 3.08.
Another notable valuation metric for NMR is its P/B ratio of 1.12. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. By comparison, MKTX has a P/B of 3.39.
These are just a few of the metrics contributing to NMR's Value grade of A and MKTX's Value grade of C.
NMR has seen stronger estimate revision activity and sports more attractive valuation metrics than MKTX, so it seems like value investors will conclude that NMR is the superior option right now.
NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX) the operator of a leading electronic trading platform for fixed-income securities, will issue a press release announcing its second quarter 2026 financial results on Friday, August 7, 2026, before the market opens. Chris Concannon, Chief Executive Officer, and Ilene Fiszel Bieler, Chief Financial Officer, will host a conference call to provide a strategic update and discuss the Company's financial results and outlook on Friday,.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in MKTX over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
