Should I buy or sell TMX Group stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TMX Group in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" TMXXF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TMXXF, but not buy additional shares or sell existing shares. View TMXXF analyst ratings or view top-rated stocks .

What is TMX Group's stock price target for 2024?

2 equities research analysts have issued 1 year price objectives for TMX Group's shares. Their TMXXF share price targets range from $29.00 to $31.60. On average, they predict the company's stock price to reach $30.47 in the next twelve months. This suggests a possible upside of 15.8% from the stock's current price. View analysts price targets for TMXXF or view top-rated stocks among Wall Street analysts .

How have TMXXF shares performed in 2024?

TMX Group's stock was trading at $23.94 on January 1st, 2024. Since then, TMXXF stock has increased by 9.9% and is now trading at $26.30. View the best growth stocks for 2024 here .

Are investors shorting TMX Group?

TMX Group saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 2,162,500 shares, an increase of 73.5% from the March 15th total of 1,246,700 shares. Based on an average trading volume of 17,100 shares, the days-to-cover ratio is currently 126.5 days. View TMX Group's Short Interest .

When is TMX Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, April 29th 2024. View our TMXXF earnings forecast .

Is TMX Group a good dividend stock?

TMX Group (OTCMKTS:TMXXF) pays an annual dividend of $1.60 per share and currently has a dividend yield of 3.23%. The dividend payout ratio is 86.15%. Payout ratios above 75% are not desirable because they may not be sustainable.

When did TMX Group's stock split?

Shares of TMX Group split on the morning of Wednesday, June 14th 2023. The 5-1 split was announced on Wednesday, June 14th 2023. The newly minted shares were issued to shareholders after the market closes on Wednesday, June 14th 2023. An investor that had 100 shares of stock prior to the split would have 500 shares after the split.

How do I buy shares of TMX Group?

Shares of TMXXF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

OTCMKTS:TMXXF

TMX Group (TMXXF) Stock Price, News & Analysis

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$26.30

0.00 (0.00%)

(As of 04/15/2024 ET)

Compare

Today's Range: $26.30
▼
$26.30
50-Day Range: $24.83
▼
$27.17
52-Week Range: $19.97
▼
$27.17

Volume: 102 shs
Average Volume: 23,871 shs
Market Capitalization: N/A

P/E Ratio: 14.16
Dividend Yield: 6.08%
Price Target: $30.47

Stock Analysis Analyst Forecasts Chart Headlines Short Interest

Get TMX Group alerts:

TMX Group MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 15.8% Upside
$30.47 Price Target
Short Interest: Bearish
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.16
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.29 out of 5 stars

2.0

Analyst's Opinion

Consensus Rating
TMX Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
TMX Group has received no research coverage in the past 90 days.

0.0

Short Interest

Percentage of Shares Shorted
Short Interest Ratio / Days to Cover
TMX Group has a short interest ratio ("days to cover") of 126.5, which indicates bearish sentiment.
Change versus previous month
Short interest in TMX Group has recently increased by 73.46%, indicating that investor sentiment is decreasing significantly.

0.8

Dividend Strength

Dividend Yield
TMX Group pays a meaningful dividend of 3.23%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
TMX Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of TMX Group is 86.15%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TMXXF.

1.0

News and Social Media Coverage

News Sentiment
TMX Group has a news sentiment score of -0.16. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.80 average news sentiment score of Financial Services companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for TMX Group this week, compared to 1 article on an average week.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, TMX Group insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 7.15% of the stock of TMX Group is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of TMX Group is 14.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.25.
Price to Earnings Ratio vs. Sector
The P/E ratio of TMX Group is 14.16, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 454.26.

See Top Rated MarketRank™ Stocks Here

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About TMX Group Stock (OTCMKTS:TMXXF)

TMX Group Limited operates exchanges, markets, and clearinghouses primarily for capital markets in Canada, the United States, the United Kingdom, Germany, and internationally. It operates through four segments: Global Solutions, Insights & Analytics; Capital Formation; Derivatives Trading & Clearing; and Equities and Fixed Income Trading & Clearing. The Global Solutions, Insights & Analytics segment delivers equities and index data, as well as integrated data sets for the proprietary and third party analytics to help clients in making trading and investment decisions; and provides solutions to European and global wholesale energy markets for price discovery, trade execution, post-trade transparency, and straight through processing. The Capital Formation segment operates Toronto Stock Exchange, a national stock exchange for the senior equities market; TSX Venture Exchange, a national stock exchange for the public venture equity market; and TSX Trust that provides corporate trust, registrar, transfer agency, and related services to reporting issuers and private companies. The Derivatives Trading & Clearing segment operates Montreal Exchange, a national derivatives exchange; Canadian Derivatives Clearing Corporation, a clearinghouse for options and futures contracts; BOX, a US equity operations market; and various over-the-counter products and fixed income repurchase agreements. The Equities and Fixed Income Trading & Clearing segment engages in the trading operations of Toronto Stock Exchange, TSX Venture Exchange, and TSX Alpha Exchange; CDS Clearing, an automated facility for the clearing and settlement of equities and fixed income transactions, and custody of securities; and provision of fixed income inter-dealer brokerage services. The company was formerly known as Maple Group Acquisition Corporation and changed its name to TMX Group Limited in August 2012. TMX Group Limited was incorporated in 2011 and is headquartered in Toronto, Canada.

TMXXF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

TMXXF Stock News Headlines

April 14, 2024 | americanbankingnews.com

TMX Group Limited (OTCMKTS:TMXXF) Sees Significant Increase in Short Interest

April 3, 2024 | finance.yahoo.com

TMX Group Consolidated Trading Statistics - March 2024

April 16, 2024 | Paradigm Press (Ad)

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March 29, 2024 | finance.yahoo.com

With 50% ownership in TMX Group Limited (TSE:X), institutional investors have a lot riding on the business

March 28, 2024 | finance.yahoo.com

TMX Group Limited to announce Q1 2024 financial results on Thursday, May 2, 2024

March 24, 2024 | seekingalpha.com

X:CA TMX Group Limited

March 24, 2024 | markets.businessinsider.com

TMX Group (TMXXF) was upgraded to a Buy Rating at BMO Capital

March 6, 2024 | finance.yahoo.com

TMX Group Consolidated Trading Statistics - February 2024

April 16, 2024 | Paradigm Press (Ad)

Bitcoin Rockets To Record High But Buy THIS Instead

Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

February 29, 2024 | finance.yahoo.com

TMX Group Welcomes International Mining Community to PDAC 2024

February 21, 2024 | finance.yahoo.com

Mining Sector Surges and Technology Issuers Bounce Back in TSX Venture Exchange's 2024 Venture 50 Ranking

February 16, 2024 | finance.yahoo.com

TMX Group Closes C$1.1 Billion Private Placement Debenture Offering

February 12, 2024 | finance.yahoo.com

TMX Group Prices $1.1 Billion Private Placement Debenture Offering

February 7, 2024 | finance.yahoo.com

TMX Group Consolidated Trading Statistics - January 2024

January 31, 2024 | realmoney.thestreet.com

TMX Group price target raised by C$1 at Scotiabank

January 9, 2024 | finance.yahoo.com

TMX Group Limited announces release date for Q4 2023 financial results and analyst conference call

January 5, 2024 | finance.yahoo.com

TMX Group Consolidated Trading Statistics - December 2023

December 25, 2023 | seekingalpha.com

TMX Group: Wait For A Pullback Before Buying This High Quality Business

December 18, 2023 | markets.businessinsider.com

Analysts Have Conflicting Sentiments on These Financial Companies: Huntington Bancshares (HBAN) and TMX Group (OtherTMXXF)

December 18, 2023 | realmoney.thestreet.com

TMX Group price target raised by C$1 at RBC Capital

December 14, 2023 | msn.com

TMX Group to buy 78% of VettaFi for $848M

December 13, 2023 | morningstar.com

TMX Group Ltd TMXXF

December 11, 2023 | finance.yahoo.com

TMX Group Equity Financing Statistics - November 2023

November 11, 2023 | finance.yahoo.com

Is It Smart To Buy TMX Group Limited (TSE:X) Before It Goes Ex-Dividend?

November 8, 2023 | finance.yahoo.com

TMX Group Equity Financing Statistics - October 2023

November 5, 2023 | ca.finance.yahoo.com

Mortgages, markets and banks cutting staff: FP's top videos this week

November 3, 2023 | finance.yahoo.com

TMX Group Consolidated Trading Statistics - October 2023

See More Headlines

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Company Calendar

Today: 4/16/2024
Next Earnings (Estimated): 4/29/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Financial Services
Industry: Financial Data & Stock Exchanges
Sub-Industry: N/A
Current Symbol: OTCMKTS:TMXXF
CUSIP: N/A
CIK: N/A
Web: www.tmx.com
Phone: (416) 947-4277
Fax: N/A
Employees: 1,803
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $30.47
High Stock Price Target: $31.60
Low Stock Price Target: $29.00
Potential Upside/Downside: +15.8%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 14.16
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

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Key Executives

Mr. David Arnold
Chief Financial Officer
Mr. Jayakumar Rajarathinam
Chief Operating Officer
Mr. Luc Fortin
President, CEO of the Montréal Exchange (MX) & Global Head of Trading
Mr. Peter Alexander Conroy
Chief Executive Officer of Trayport
Amin Mousavian
Vice President of Investor Relations, Treasury & Administration
Ms. Cheryl Graden
Chief Legal & Enterprise Corporate Affairs Officer and Corporate Secretary
Shane Quinn
Head of Communications & Public Affairs
Ms. Cindy Bush
Chief Human Resources Officer
Mr. Loui Anastasopoulos
CEO of Toronto Stock Exchange & Global Head of Capital Formation

Key Competitors

View All Competitors

TMXXF Stock Analysis - Frequently Asked Questions

Should I buy or sell TMX Group stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TMX Group in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" TMXXF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TMXXF, but not buy additional shares or sell existing shares.
View TMXXF analyst ratings or view top-rated stocks.
What is TMX Group's stock price target for 2024?: 2 equities research analysts have issued 1 year price objectives for TMX Group's shares. Their TMXXF share price targets range from $29.00 to $31.60. On average, they predict the company's stock price to reach $30.47 in the next twelve months. This suggests a possible upside of 15.8% from the stock's current price.
View analysts price targets for TMXXF or view top-rated stocks among Wall Street analysts.
How have TMXXF shares performed in 2024?: TMX Group's stock was trading at $23.94 on January 1st, 2024. Since then, TMXXF stock has increased by 9.9% and is now trading at $26.30.
View the best growth stocks for 2024 here.
Are investors shorting TMX Group?: TMX Group saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 2,162,500 shares, an increase of 73.5% from the March 15th total of 1,246,700 shares. Based on an average trading volume of 17,100 shares, the days-to-cover ratio is currently 126.5 days.
View TMX Group's Short Interest.

When is TMX Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, April 29th 2024.
View our TMXXF earnings forecast.
Is TMX Group a good dividend stock?: TMX Group (OTCMKTS:TMXXF) pays an annual dividend of $1.60 per share and currently has a dividend yield of 3.23%. The dividend payout ratio is 86.15%. Payout ratios above 75% are not desirable because they may not be sustainable.
When did TMX Group's stock split?: Shares of TMX Group split on the morning of Wednesday, June 14th 2023. The 5-1 split was announced on Wednesday, June 14th 2023. The newly minted shares were issued to shareholders after the market closes on Wednesday, June 14th 2023. An investor that had 100 shares of stock prior to the split would have 500 shares after the split.
How do I buy shares of TMX Group?: Shares of TMXXF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:TMXXF) was last updated on 4/16/2024 by MarketBeat.com Staff

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