MRX
Marex Group
About: Marex Group PLC is a company that offers a diversified global financial services platform providing essential liquidity, market access and infrastructure services to clients across energy, commodities and financial markets. It provides critical services to the clients by connecting them to global exchanges and providing a range of execution and hedging services across a range of its asset and products. They operate in a large and fragmented market with significant infrastructure requirements and regulatory and technological complexity, resulting in high barriers to entry.
Employees: 2,074
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
73% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 15
33% more capital invested
Capital invested by funds: $298M [Q2] → $397M (+$99.5M) [Q3]
16% more funds holding
Funds holding: 61 [Q2] → 71 (+10) [Q3]
2.67% more ownership
Funds ownership: 21.03% [Q2] → 23.7% (+2.67%) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
0% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 19
38% less call options, than puts
Call options by funds: $255K | Put options by funds: $408K
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$33
5%
downside
Avg. target
$36
5%
upside
High target
$40
15%
upside
5 analyst ratings
5 positive
100%
0 neutral
0%
0 negative
0%
Barclays Benjamin Budish 78% 1-year accuracy 90 / 115 met price target | 12%upside $39 | Overweight Maintained | 13 Jan 2025 |
Piper Sandler Patrick Moley 82% 1-year accuracy 36 / 44 met price target | 15%upside $40 | Overweight Maintained | 7 Jan 2025 |
Keefe, Bruyette & Woods Kyle Voigt 81% 1-year accuracy 22 / 27 met price target | 4%upside $36 | Outperform Maintained | 20 Dec 2024 |
HSBC Carlos Gomez-Lopez 100% 1-year accuracy 3 / 3 met price target | 5%downside $33 | Buy Initiated | 21 Nov 2024 |
Citigroup Chris Allen 100% 1-year accuracy 4 / 4 met price target | 2%downside $34 | Buy Reinstated | 6 Nov 2024 |
Financial journalist opinion
Positive
Forbes
2 days ago
7 Dividend Stocks That Just Started Paying Shareholders
Ready for the inaugurations? Yes, with a plural.
Positive
Zacks Investment Research
1 month ago
New Strong Buy Stocks for December 3rd
RSI, BOW, ZION, PCB and MRX have been added to the Zacks Rank #1 (Strong Buy) List on December 3, 2024.
Positive
Zacks Investment Research
1 month ago
Best Income Stocks to Buy for December 3rd
PCB, ZION and MRX made it to the Zacks Rank #1 (Strong Buy) income stocks list on December 3, 2024.
Positive
Zacks Investment Research
1 month ago
Best Value Stocks to Buy for December 3rd
MRX, PCB and ZION made it to the Zacks Rank #1 (Strong Buy) value stocks list on December 3, 2024.
Positive
Zacks Investment Research
1 month ago
All You Need to Know About Marex Group PLC (MRX) Rating Upgrade to Strong Buy
Marex Group PLC (MRX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Positive
Zacks Investment Research
1 month ago
Best Income Stocks to Buy for November 26th
WASH, MRX and ZIM made it to the Zacks Rank #1 (Strong Buy) income stocks list on November 26, 2024.
Positive
Zacks Investment Research
1 month ago
Best Value Stocks to Buy for November 26th
DFH, MRX and FUTU made it to the Zacks Rank #1 (Strong Buy) value stocks list on November 26, 2024.
Positive
Zacks Investment Research
2 months ago
Best Value Stocks to Buy for November 11th
PBI, KGC and MRX made it to the Zacks Rank #1 (Strong Buy) value stocks list on November 11, 2024.
Neutral
GlobeNewsWire
2 months ago
Marex Group plc Announces Third Quarter 2024 Results
NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Marex Group plc (‘Marex' or the 'Group'; Nasdaq: MRX), a diversified global financial services platform, announces strong results for the third quarter (Q3) and nine months (9M) ended 30 September 2024, and upgraded outlook for the full year. Financial Highlights Financial Highlights: ($m) 3 months ended 30 September 2024 3 months ended 30 September 2023 Change1 9 months ended 30 September 2024 9 months ended 30 September 2023 Change1 Reported Revenue 391.2 296.6 32% 1,179.1 919.0 28% Profit Before Tax 79.0 47.6 66% 218.0 157.1 39% Profit Before Tax Margin (%) 20% 16% 400 bps 18% 17% 100 bps Profit After Tax 58.4 32.4 80% 161.3 113.2 42% Profit After Tax Margin (%) 15% 11% 400 bps 14% 12% 200 bps Return on Equity (%) 25% 18% 700 bps 25% 21% 400 bps Basic Earnings per Share ($)2 0.78 0.44 77% 2.20 1.57 40% Diluted Earnings per Share ($)2 0.73 0.41 78% 2.05 1.47 39% Adjusted 3 Operating Profit3 80.5 52.9 52% 239.7 177.4 35% Operating Profit Margin (%)3 21% 18% 300 bps 20% 19% 100 bps Operating Profit after Tax Attributable to Common Equity3 57.5 34.6 66% 173.2 124.7 39% Return on Operating Profit after Tax Attributable to Common Equity (%)3 28% 22% 600 bps 31% 27% 400 bps Adjusted Earnings per Share($)2,3 0.82 0.53 55% 2.51 1.90 32% Adjusted Diluted Earnings per Share ($)2,3 0.76 0.49 55% 2.35 1.78 32% % Change is calculated on numbers presented to the nearest tenth of a million.
Neutral
GlobeNewsWire
2 months ago
Marex Group plc Announces Pricing of the Public Offering
NEW YORK, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Marex Group plc (“Marex”) (Nasdaq: MRX), the diversified global financial services platform, today announces the pricing of the public offering (the “Offering”) of 8,472,333 ordinary shares by certain selling shareholders (the “Selling Shareholders”) at $24.00 per share. In connection with the Offering, the Selling Shareholders have granted the underwriters a 30-day option to purchase up to an additional 1,270,849 ordinary shares.
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