TMX Group Limited (TSE:X - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$57.36 and last traded at C$57.32, with a volume of 117183 shares traded. The stock had previously closed at C$56.64.
Wall Street Analyst Weigh In
Several equities research analysts have recently weighed in on the company. BMO Capital Markets boosted their target price on shares of TMX Group from C$55.00 to C$57.00 in a research report on Tuesday, April 15th. National Bankshares boosted their price objective on shares of TMX Group from C$50.00 to C$55.00 and gave the stock a "sector perform" rating in a report on Wednesday, April 30th. TD Securities upped their price objective on shares of TMX Group from C$49.00 to C$54.00 and gave the company a "hold" rating in a research report on Wednesday, April 30th. Scotiabank lifted their target price on TMX Group from C$56.00 to C$58.00 and gave the stock a "sector perform" rating in a research report on Wednesday, May 7th. Finally, Barclays boosted their price target on TMX Group from C$55.00 to C$56.00 in a research note on Wednesday, May 7th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, TMX Group currently has an average rating of "Hold" and a consensus target price of C$55.13.
Check Out Our Latest Research Report on X
TMX Group Stock Up 1.6%
The company has a quick ratio of 0.01, a current ratio of 1.01 and a debt-to-equity ratio of 47.49. The firm's 50-day moving average price is C$55.33 and its 200 day moving average price is C$50.69. The firm has a market cap of C$16.01 billion, a P/E ratio of 33.22, a price-to-earnings-growth ratio of 12.65 and a beta of 0.43.
TMX Group Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Stockholders of record on Friday, June 6th were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Friday, May 23rd. This represents a $0.80 annualized dividend and a dividend yield of 1.39%. TMX Group's dividend payout ratio is presently 42.72%.
About TMX Group
(
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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.
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