Should I buy or sell TMX Group stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TMX Group in the last twelve months. There are currently 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" X shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in X, but not buy additional shares or sell existing shares. View X analyst ratings or view top-rated stocks .

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

7 brokerages have issued twelve-month target prices for TMX Group's shares. Their X share price targets range from C$35.00 to C$41.00. On average, they anticipate the company's stock price to reach C$37.14 in the next year. This suggests a possible upside of 1.9% from the stock's current price. View analysts price targets for X or view top-rated stocks among Wall Street analysts .

How have X shares performed in 2024?

TMX Group's stock was trading at C$32.05 on January 1st, 2024. Since then, X stock has increased by 13.7% and is now trading at C$36.44. View the best growth stocks for 2024 here .

When is TMX Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024. View our X earnings forecast .

How were TMX Group's earnings last quarter?

TMX Group Limited (TSE:X) posted its quarterly earnings data on Monday, February, 5th. The company reported $0.37 earnings per share for the quarter, meeting analysts' consensus estimates of $0.37. The business had revenue of $301.50 million for the quarter, compared to the consensus estimate of $300.05 million. TMX Group had a trailing twelve-month return on equity of 9.10% and a net margin of 12.28%.

How often does TMX Group pay dividends? What is the dividend yield for TMX Group?

TMX Group declared a quarterly dividend on Thursday, February 22nd. Investors of record on Friday, March 8th will be paid a dividend of 0.18 per share on Friday, March 8th. This represents a $0.72 annualized dividend and a yield of 1.98%. The ex-dividend date of this dividend is Thursday, February 22nd. Read our dividend analysis for X .

Is TMX Group a good dividend stock?

TMX Group (TSE:X) pays an annual dividend of C$0.71 per share and currently has a dividend yield of 1.96%. The dividend payout ratio is 55.47%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for X .

What other stocks do shareholders of TMX Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other TMX Group investors own include Intact Financial (IFC) , Constellation Software (CSU) , AutoCanada (ACQ) , Alimentation Couche-Tard (ATD.B) , AbbVie (ABBV) , Vermilion Energy (VET) , Wheaton Precious Metals (WPM) , Open Text (OTEX) , Rogers Communications (RCI) and Valeant Pharmaceuticals International (VRX) .

How do I buy shares of TMX Group?

Shares of X stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:X

TMX Group (X) Stock Price, News & Analysis

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C$36.44

+0.44 (+1.22%)

(As of 04/18/2024 ET)

Compare

Today's Range: C$35.87
▼
C$36.46
50-Day Range: C$33.70
▼
C$36.69
52-Week Range: C$26.82
▼
C$37.01

Volume: 210,998 shs
Average Volume: 362,447 shs
Market Capitalization: C$10.08 billion

P/E Ratio: 28.47
Dividend Yield: 1.95%
Price Target: C$37.14

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

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TMX Group MarketRank™ Stock Analysis

Analyst Rating: Hold
2.14 Rating Score
Upside/Downside: 1.9% Upside
C$37.14 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.26
Based on 7 Articles This Week
Insider Trading: Selling Shares
C$3.77 M Sold Last Quarter
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.

1.19 out of 5 stars

2.1

Analyst's Opinion

Consensus Rating
TMX Group has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on 1 buy rating, 6 hold ratings, and no sell ratings.
Amount of Analyst Coverage
TMX Group has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for X.

1.7

Dividend Strength

Dividend Yield
TMX Group pays a meaningful dividend of 1.96%, 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 55.47%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

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

2.1

News and Social Media Coverage

News Sentiment
TMX Group has a news sentiment score of -0.26. 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 0.48 average news sentiment score of Financial Services companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for TMX Group this week, compared to 3 articles on an average week.
Search Interest
59 people have searched for X on MarketBeat in the last 30 days. This is an increase of 2% compared to the previous 30 days.
MarketBeat Follows
1 people have added TMX Group to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, TMX Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$3,769,381.00 in company stock.
Percentage Held by Insiders
Only 5.57% of the stock of TMX Group is held by insiders.
Percentage Held by Institutions
54.49% of the stock of TMX Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of TMX Group is 28.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.94.
Price to Earnings Ratio vs. Sector
The P/E ratio of TMX Group is 28.47, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 448.89.
Price to Earnings Growth Ratio
TMX Group has a PEG Ratio of 12.65. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
TMX Group has a P/B Ratio of 2.45. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About TMX Group Stock (TSE:X)

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.

X Stock Price History

30 days | 90 days | 365 days | Advanced Chart

X Stock News Headlines

April 18, 2024 | morningstar.com

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TMX Group Limited (TSE:X) Given Consensus Rating of "Hold" by Brokerages

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TMX Group (TSE:X) Sets New 52-Week High at $36.96

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TMX Group (TSE:X) Price Target Increased to C$38.00 by Analysts at Barclays

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See More Headlines

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Company Calendar

Last Earnings: 2/05/2024
Ex-Dividend for 3/8 Dividend: 2/22/2024
Dividend Payable: 3/08/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/06/2024

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Financial Services
Industry: Financial Data & Stock Exchanges
Sub-Industry: N/A
Current Symbol: TSE:X
CUSIP: N/A
CIK: N/A
Web: www.tmx.com
Phone: 416-947-4670
Fax: N/A
Employees: 1,803
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$37.14
High Stock Price Target: C$41.00
Low Stock Price Target: C$35.00
Potential Upside/Downside: +3.2%
Consensus Rating: Hold
Rating Score (0-4): 2.14
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$1.28
Trailing P/E Ratio: 28.13
Forward P/E Ratio: 22.23
P/E Growth: 12.65
Net Income: C$356 million
Net Margins: 12.28%
Pretax Margin: N/A
Return on Equity: 9.10%
Return on Assets: 2.34%

Debt

Debt-to-Equity Ratio: 26.67
Current Ratio: 1.00
Quick Ratio: 0.01

Sales & Book Value

Annual Sales: C$2.90 billion
Price / Sales: 3.43
Cash Flow: C$2.25 per share
Price / Cash Flow: 15.97
Book Value: C$14.85 per share
Price / Book: 2.42

Miscellaneous

Outstanding Shares: 276,630,000
Free Float: N/A
Market Cap: C$9.96 billion
Optionable: Not Optionable
Beta: 0.39

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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

Insiders

View All Insider Transactions

X Stock Analysis - Frequently Asked Questions

Should I buy or sell TMX Group stock right now?: 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TMX Group in the last twelve months. There are currently 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" X shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in X, but not buy additional shares or sell existing shares.
View X analyst ratings or view top-rated stocks.
What is TMX Group's stock price target for 2024?: 7 brokerages have issued twelve-month target prices for TMX Group's shares. Their X share price targets range from C$35.00 to C$41.00. On average, they anticipate the company's stock price to reach C$37.14 in the next year. This suggests a possible upside of 1.9% from the stock's current price.
View analysts price targets for X or view top-rated stocks among Wall Street analysts.
How have X shares performed in 2024?: TMX Group's stock was trading at C$32.05 on January 1st, 2024. Since then, X stock has increased by 13.7% and is now trading at C$36.44.
View the best growth stocks for 2024 here.
When is TMX Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024.
View our X earnings forecast.
How were TMX Group's earnings last quarter?: TMX Group Limited (TSE:X) posted its quarterly earnings data on Monday, February, 5th. The company reported $0.37 earnings per share for the quarter, meeting analysts' consensus estimates of $0.37. The business had revenue of $301.50 million for the quarter, compared to the consensus estimate of $300.05 million. TMX Group had a trailing twelve-month return on equity of 9.10% and a net margin of 12.28%.

How often does TMX Group pay dividends? What is the dividend yield for TMX Group?: TMX Group declared a quarterly dividend on Thursday, February 22nd. Investors of record on Friday, March 8th will be paid a dividend of 0.18 per share on Friday, March 8th. This represents a $0.72 annualized dividend and a yield of 1.98%. The ex-dividend date of this dividend is Thursday, February 22nd.
Read our dividend analysis for X.
Is TMX Group a good dividend stock?: TMX Group (TSE:X) pays an annual dividend of C$0.71 per share and currently has a dividend yield of 1.96%. The dividend payout ratio is 55.47%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for X.
What other stocks do shareholders of TMX Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other TMX Group investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Wheaton Precious Metals (WPM), Open Text (OTEX), Rogers Communications (RCI) and Valeant Pharmaceuticals International (VRX).
How do I buy shares of TMX Group?: Shares of X stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:X) was last updated on 4/18/2024 by MarketBeat.com Staff

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TMX Group (X) Stock Price, News & Analysis

TMX Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About TMX Group Stock (TSE:X)

X Stock Price History

X Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

X Stock Analysis - Frequently Asked Questions

Overall MarketRank^™