National Bank Financial Estimates TMX Group FY2025 Earnings

Key Points

• Analysts at National Bank Financial have raised their FY2025 earnings estimate for TMX Group from $1.99 to $2.01 per share, while the consensus estimate is $1.77 per share.
• Several research firms have increased their price targets for TMX Group, with BMO Capital raising theirs from C$57.00 to C$61.00 and Raymond James from C$59.00 to C$62.50.
• TMX Group recently announced a quarterly dividend of $0.20 per share, reflecting an annualized yield of 1.4%.

TMX Group Limited (TSE:X - Free Report) - Equities researchers at National Bank Financial boosted their FY2025 earnings per share (EPS) estimates for TMX Group in a research report issued to clients and investors on Thursday, July 31st. National Bank Financial analyst J. Gloyn now forecasts that the company will post earnings per share of $2.01 for the year, up from their previous forecast of $1.99. 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 Q4 2025 earnings at $0.53 EPS and FY2026 earnings at $2.21 EPS.

A number of other equities research analysts also recently weighed in on X. Raymond James Financial lifted their target price on TMX Group from C$59.00 to C$62.50 and gave the stock an "outperform" rating in a research report on Friday. TD Securities lifted their price objective on TMX Group from C$57.00 to C$58.00 and gave the company a "hold" rating in a report on Tuesday. Barclays lifted their price objective on TMX Group from C$56.00 to C$58.00 in a report on Thursday, July 10th. National Bankshares boosted their target price on TMX Group from C$58.00 to C$59.00 and gave the stock a "sector perform" rating in a report on Monday. Finally, Scotiabank boosted their target price on TMX Group from C$63.00 to C$65.00 and gave the stock a "sector perform" rating in a report on Friday. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, TMX Group presently has an average rating of "Hold" and a consensus price target of C$59.81.

TMX Group Stock Up 3.9%

TSE X traded up C$2.15 during trading on Monday, hitting C$57.98. 719,500 shares of the company traded hands, compared to its average volume of 486,342. The company has a current ratio of 1.01, a quick ratio of 0.01 and a debt-to-equity ratio of 47.49. The business has a fifty day simple moving average of C$56.12 and a 200 day simple moving average of C$52.89. The company has a market capitalization of C$16.13 billion, a P/E ratio of 33.47, a PEG ratio of 12.65 and a beta of 0.43. TMX Group has a 12 month low of C$39.70 and a 12 month high of C$57.98.

TMX Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 29th. Stockholders of record on Friday, August 29th will be issued a dividend of $0.22 per share. This is a boost from TMX Group's previous quarterly dividend of $0.20. This represents a $0.88 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Friday, August 15th. TMX Group's payout ratio is 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.