William Blair Reduces Earnings Estimates for MarketAxess

MarketAxess Holdings Inc. (NASDAQ:MKTX) – Investment analysts at William Blair decreased their Q2 2025 earnings per share (EPS) estimates for MarketAxess in a research report issued on Wednesday, May 7th. William Blair analyst J. Schmitt now anticipates that the financial services provider will post earnings per share of $1.89 for the quarter, down from their prior forecast of $1.96. William Blair currently has a “Outperform” rating on the stock. The consensus estimate for MarketAxess’ current full-year earnings is $7.79 per share. William Blair also issued estimates for MarketAxess’ Q1 2026 earnings at $2.02 EPS, Q2 2026 earnings at $2.05 EPS, Q3 2026 earnings at $2.08 EPS and Q4 2026 earnings at $1.96 EPS.

MKTX has been the topic of several other reports. Barclays lifted their price objective on MarketAxess from $232.00 to $240.00 and gave the company an “equal weight” rating in a research note on Thursday. Piper Sandler reduced their price objective on MarketAxess from $213.00 to $202.00 and set a “neutral” rating on the stock in a research note on Thursday. The Goldman Sachs Group reduced their price objective on MarketAxess from $235.00 to $210.00 and set a “neutral” rating on the stock in a research note on Monday, February 10th. Citigroup lifted their price objective on MarketAxess from $250.00 to $265.00 and gave the company a “buy” rating in a research note on Thursday. Finally, UBS Group dropped their target price on MarketAxess from $305.00 to $295.00 and set a “buy” rating on the stock in a report on Monday, April 7th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, MarketAxess has an average rating of “Hold” and a consensus price target of $241.78.

MarketAxess Trading Up 2.1%

Shares of NASDAQ:MKTX opened at $230.97 on Monday. The stock’s 50-day moving average price is $216.59 and its two-hundred day moving average price is $227.61. MarketAxess has a 12-month low of $186.84 and a 12-month high of $296.68. The firm has a market cap of $8.59 billion, a price-to-earnings ratio of 31.77, a PEG ratio of 3.89 and a beta of 0.89.

MarketAxess (NASDAQ:MKTX) last issued its quarterly earnings results on Wednesday, May 7th. The financial services provider reported $1.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.82 by $0.05. MarketAxess had a return on equity of 20.23% and a net margin of 33.56%. The firm had revenue of $208.58 million for the quarter, compared to analyst estimates of $211.81 million. During the same period last year, the company earned $1.92 EPS. The firm’s quarterly revenue was down .8% on a year-over-year basis.

Institutional Inflows and Outflows

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

MarketAxess Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 4th. Investors of record on Wednesday, May 21st will be given a dividend of $0.76 per share. This represents a $3.04 annualized dividend and a yield of 1.32%. The ex-dividend date of this dividend is Wednesday, May 21st. MarketAxess’s payout ratio is 52.87%.

MarketAxess Company Profile

MarketAxess Holdings Inc, together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer companies worldwide. The company offers trading technology that provides liquidity access in U.S. high-grade bonds, U.S. high-yield bonds, emerging market debt, eurobonds, municipal bonds, U.S.