Q2 EPS Estimates for TMX Group Increased by Analyst

Key Points

• National Bank Financial raised its Q2 2025 earnings per share (EPS) estimate for TMX Group from $0.48 to $0.51, with a full-year EPS estimate of $1.77.
• Several analysts have increased their target prices for TMX Group's stock, with the consensus target price now at C$57.25, reflecting a "Hold" rating.
• TMX Group recently announced a quarterly dividend of $0.20, translating to an annual yield of 1.41% and a payout ratio of 42.72%.

TMX Group Limited (TSE:X - Free Report) - Investment analysts at National Bank Financial lifted their Q2 2025 earnings estimates for TMX Group in a report issued on Monday, July 28th. National Bank Financial analyst J. Gloyn now forecasts that the company will post earnings of $0.51 per share for the quarter, up from their previous estimate of $0.48. 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 $0.48 EPS, Q4 2025 earnings at $0.52 EPS, FY2025 earnings at $1.99 EPS and FY2026 earnings at $2.18 EPS.

Other equities analysts also recently issued research reports about the stock. Scotiabank upped their price objective on shares of TMX Group from C$63.00 to C$65.00 and gave the company a "sector perform" rating in a report on Friday. Raymond James Financial boosted their price objective on TMX Group from C$59.00 to C$62.50 and gave the company an "outperform" rating in a report on Friday. TD Securities boosted their price objective on TMX Group from C$54.00 to C$57.00 and gave the company a "hold" rating in a report on Wednesday, July 16th. CIBC increased their price target on shares of TMX Group from C$55.00 to C$57.00 and gave the stock a "neutral" rating in a report on Monday, April 28th. Finally, Canaccord Genuity Group increased their price target on shares of TMX Group from C$52.00 to C$58.00 and gave the stock a "buy" rating in a report on Wednesday, May 7th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, TMX Group currently has an average rating of "Hold" and a consensus target price of C$59.56.

TMX Group Stock Down 0.9%

TSE:X traded down C$0.51 during mid-day trading on Wednesday, reaching C$55.83. The company's stock had a trading volume of 249,262 shares, compared to its average volume of 484,767. TMX Group has a 1 year low of C$39.70 and a 1 year high of C$57.77. The stock has a fifty day moving average of C$56.10 and a 200-day moving average of C$52.75. The firm has a market capitalization of C$15.53 billion, a PE ratio of 32.23, a price-to-earnings-growth ratio of 12.65 and a beta of 0.43. 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 Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Shareholders of record on Friday, June 6th were paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Friday, May 23rd. TMX Group's dividend payout ratio is currently 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.