National Bank Financial Forecasts TMX Group Q2 Earnings

TMX Group Limited (TSE:X - Free Report) - Stock analysts at National Bank Financial issued their Q2 2025 earnings per share (EPS) estimates for shares of TMX Group in a research report issued to clients and investors on Monday, May 5th. National Bank Financial analyst J. Gloyn expects that the company will post earnings of $0.48 per share for the quarter. The consensus estimate for TMX Group's current full-year earnings is $1.77 per share. National Bank Financial also issued estimates for TMX Group's Q3 2025 earnings at $0.47 EPS, Q4 2025 earnings at $0.51 EPS, FY2025 earnings at $1.94 EPS and FY2026 earnings at $2.12 EPS.

Several other equities research analysts also recently commented on the company. TD Securities upped their target price on TMX Group from C$49.00 to C$54.00 and gave the company a "hold" rating in a report on Wednesday, April 30th. National Bankshares increased their price objective on TMX Group from C$50.00 to C$55.00 and gave the stock a "sector perform" rating in a research note on Wednesday, April 30th. Canaccord Genuity Group increased their price objective on TMX Group from C$52.00 to C$58.00 and gave the stock a "buy" rating in a research note on Wednesday, May 7th. BMO Capital Markets increased their price objective on TMX Group from C$55.00 to C$57.00 in a research note on Tuesday, April 15th. Finally, Scotiabank increased their price objective on TMX Group from C$56.00 to C$58.00 and gave the stock a "sector perform" rating in a research note on Wednesday, May 7th. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of C$55.13.

TMX Group Stock Down 1.9%

Shares of X traded down C$1.05 during trading on Wednesday, reaching C$55.28. The company's stock had a trading volume of 172,535 shares, compared to its average volume of 507,856. The company has a market cap of C$15.37 billion, a price-to-earnings ratio of 31.91, a P/E/G ratio of 12.65 and a beta of 0.43. The company has a fifty day moving average of C$51.94 and a two-hundred day moving average of C$47.79. The company has a quick ratio of 0.01, a current ratio of 1.01 and a debt-to-equity ratio of 47.49. TMX Group has a twelve month low of C$35.65 and a twelve month high of C$56.89.

TMX Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 7th. Stockholders of record on Friday, March 7th were paid a $0.20 dividend. This is a positive change from TMX Group's previous quarterly dividend of $0.19. The ex-dividend date was Friday, February 21st. This represents a $0.80 annualized dividend and a dividend yield of 1.45%. TMX Group's dividend payout ratio (DPR) is presently 42.72%.

TMX Group Company Profile

TMX Group Ltd is a company that operates several global markets to provide investment opportunities for its clients. TMX Group's key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montreal Exchange, Canadian Derivatives Clearing Corporation, and Trayport, which provides listing markets, trading markets, clearing facilities, depository services, technology solutions, data products, and other services to the global financial community.