MRX Stock - Marex Group plc Ordinary Shares
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $2.89B | $2.35B | $1.18B | $851.70M | $757.53M |
| Gross Profit | $1.29B | $1.69B | $862.30M | $825.30M | $757.53M |
| Gross Margin | 44.5% | 72.0% | 73.4% | 96.9% | 100.0% |
| Operating Income | $836.30M | $683.50M | $270.50M | $68.60M | $56.58M |
| Net Income | $218.00M | $128.00M | $91.60M | $56.50M | $43.82M |
| Net Margin | 7.5% | 5.4% | 7.8% | 6.6% | 5.8% |
| EPS | $2.96 | $1.94 | $1.29 | $0.80 | $0.72 |
Marex Group plc, a financial services platform provider company, provides liquidity, market access, and infrastructure services to clients in the energy, commodities, and financial markets in the United Kingdom, the United States, and internationally. It operates through Clearing, Agency and Execution, Market Making, and Hedging and Investment Solutions segments. The company offers execution and clearing services in metals, agricultural products, energy and financial futures and options; liquidity and execution services for financial securities through trading desks that cover products, including foreign exchange, equities, fixed income, and others. It also operates as an agent to trade in OTC energy products using knowledge of the energy sector and relationships with clients for oil, power and gas, and shipping and freight products; and provides market-making services across commodities markets, such as metals, agricultural products, and energy markets. In addition, the company offers OTC traded hedging and customized OTC derivatives solutions; and risk management solutions across commodity markets comprising agriculture, metals, energy, and currency markets for trading houses, producers and consumers, and banks and distributors. Further, it engages in the structured notes business, which allows investors to build structured notes across asset classes, including commodities, equities, foreign exchange, and fixed-income products for private banks, independent asset managers, pension funds, and corporates. Additionally, the company offers technology platforms, including Neon, a trading, risk, and data platform; and Agile, a commodity broking platform. Marex Group plc was incorporated in 2005 and is headquartered in London, the United Kingdom.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| July 14th 2025 | TD Cowen | Initiation | Buy | $54 |
| March 10th 2025 | HSBC Securities | Downgrade | Hold | $36← $33 |
| November 21st 2024 | HSBC Securities | Initiation | Buy | $33 |
| November 6th 2024 | Citigroup | Resumed | Buy | $34 |
| May 20th 2024 | Goldman | Initiation | Buy | $33 |
| May 20th 2024 | Barclays | Initiation | Overweight | $25 |
| May 20th 2024 | Piper Sandler | Initiation | Overweight | $27 |
| May 20th 2024 | UBS | Initiation | Buy | $27 |
| May 20th 2024 | Jefferies | Initiation | Buy | $24 |
| May 20th 2024 | Keefe Bruyette | Initiation | Outperform | $24 |
| May 20th 2024 | Citigroup | Initiation | Buy | $24 |
Earnings History & Surprises
MRXEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q1 2026 | Mar 5, 2026 | $0.99 | — | — | — |
Q4 2025 | Nov 6, 2025 | $0.92 | $0.96 | +4.3% | ✓ BEAT |
Q2 2025 | May 15, 2025 | $0.89 | $0.91 | +1.9% | ✓ BEAT |
Q4 2024 | Nov 7, 2024 | $0.68 | $0.76 | +11.8% | ✓ BEAT |
Q2 2024 | Apr 26, 2024 | — | $0.71 | — | — |
Q2 2023 | Jun 30, 2023 | — | $1.28 | — | — |
Q4 2022 | Dec 31, 2022 | — | $0.90 | — | — |
Q4 2021 | Dec 31, 2021 | — | $0.40 | — | — |
Q2 2021 | Jun 30, 2021 | — | $0.40 | — | — |
Q4 2020 | Dec 31, 2020 | — | $0.36 | — | — |
Q2 2020 | Jun 30, 2020 | — | $0.36 | — | — |
Q4 2019 | Dec 31, 2019 | — | $0.30 | — | — |
Q2 2019 | Jun 30, 2019 | — | $0.30 | — | — |
Latest News
Marex Launches An Online Marketplace To Connect Clients Seeking To Transfer Clean Energy Tax Credits
📈 PositiveBarclays Maintains Overweight on Marex Group, Raises Price Target to $50
📈 PositiveMarex Group Launches Structured Products Business In US To Serve Demand From Rias, Broker-Dealers, And Private Banks Seeking Greater Issuer And Credit Diversification
📈 PositiveGoldman Sachs Maintains Buy on Marex Group, Raises Price Target to $52
📈 PositiveBarclays Maintains Overweight on Marex Group, Raises Price Target to $43
📈 PositiveMarex Group Q3 Adj. EPS $0.96 Beats $0.93 Estimate, Sales $484.600M Beat $476.872M Estimate
📈 PositiveMarex Group Agrees To Acquire Valcourt For Undisclosed Terms; Deal Expected To Close In H1 2026
➖ NeutralMarex CEO Ian Lowitt Buys 32,465 Shares, Boosting Total Stake to Over 2.6M
📈 PositiveBarclays Maintains Overweight on Marex Group, Lowers Price Target to $40
📈 PositiveMarex stock rises on higher Q3 revenue estimate
📈 PositiveMarex Reports $475–$485 Million in Q3 Preliminary Revenue, Preliminary Adj EPS Of $0.92-$0.97
📈 PositiveMarex Reports $475–$485 Million in Q3 Preliminary Revenue And Adjusted EPS Of $0.92-0.97
📈 PositiveMarex Group Q2 Profit Rises 16 Percent
📈 PositiveMarex Group drops after NINGI Research short call
📉 NegativeKey deals this week: Sanofi, SentinelOne, Marex Group, Synovus Financial, Union Pacific and more
📈 PositiveMarex announces pricing of secondary share sale
➖ NeutralFrequently Asked Questions about MRX
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