TSE:X TMX Group (X) Stock Forecast, Price & News C$29.16 +0.11 (+0.38%) (As of 09/25/2023 ET) Add Compare Share Share Today's RangeC$28.88▼C$29.2750-Day RangeC$28.98▼C$30.4852-Week RangeC$24.61▼C$30.70Volume371,634 shsAverage Volume560,275 shsMarket CapitalizationC$8.13 billionP/E Ratio21.92Dividend Yield2.47%Price TargetC$154.57 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsHeadlinesOptions ChainSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsHeadlinesOptions ChainSocial Media TMX Group MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside430.1% UpsideC$154.57 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment-0.15Based on 4 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.88 out of 5 stars 3.0 Analyst's Opinion Consensus RatingTMX Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$154.57, TMX Group has a forecasted upside of 430.1% from its current price of C$29.16.Amount of Analyst CoverageTMX Group has only been the subject of 1 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for X. Previous Next 1.7 Dividend Strength Dividend YieldTMX Group pays a meaningful dividend of 2.43%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthTMX Group does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of TMX Group is 54.14%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for X. Previous Next 1.0 News and Social Media Coverage News SentimentTMX Group has a news sentiment score of -0.15. 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 0.50 average news sentiment score of Financial Services companies.News Coverage This WeekMarketBeat has tracked 4 news articles for TMX Group this week, compared to 2 articles on an average week.Search InterestOnly 55 people have searched for X on MarketBeat in the last 30 days. This is a decrease of -34% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added TMX Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TMX Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.52% of the stock of TMX Group is held by insiders.Percentage Held by Institutions53.47% of the stock of TMX Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of TMX Group is 21.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.48.Price to Earnings Ratio vs. SectorThe P/E ratio of TMX Group is 21.92, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 244.09.Price to Earnings Growth RatioTMX 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 RatioTMX Group has a P/B Ratio of 1.99. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About TMX Group (TSE:X) StockTMX Group Limited operates exchanges, markets, and clearinghouses primarily for capital markets in Canada 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 foreign exchange services. 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; and 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.Read More X Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart X Stock News HeadlinesSeptember 20, 2023 | forbes.comHow Mo News And TMX Are Disrupting The Digital News LandscapeSeptember 19, 2023 | theglobeandmail.comClosing Bell: Tmx Group Limited 4.461 Pct Debs down on Tuesday (X-DB)September 25, 2023 | Chaikin Analytics (Ad)His system isolated NVIDIA - Here's His Next Buy.Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.September 19, 2023 | finance.yahoo.comPrinceton TMX taps industry veteran Mark McEntire as CEOSeptember 19, 2023 | benzinga.comToronto Stock Exchange, RF Capital Group Inc., The View From The C-SuiteSeptember 18, 2023 | msn.comCanada's Trans Mountain oil pipeline faces hearing on route change disputeSeptember 18, 2023 | msn.comCanada's Trans Mountain oil pipeline's faces hearing on route change disputeSeptember 18, 2023 | theglobeandmail.comMonday’s TSX breakouts: This company has reported seven consecutive earnings beats and raised its dividend twice in 2023September 25, 2023 | Chaikin Analytics (Ad)His system isolated NVIDIA - Here's His Next Buy.Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.September 14, 2023 | msn.comTFSA Investors: 3 Safe and Rewarding Picks for 2023September 14, 2023 | theglobeandmail.comCanadian stock market operator TMX says IPO window shrinkingSeptember 12, 2023 | theglobeandmail.comBanking sector says Ottawa is ‘picking on’ financial services firms with new taxesSeptember 12, 2023 | finance.yahoo.comToronto Stock Exchange Announces the 2023 TSX30®, Celebrating Excellence in GrowthSeptember 11, 2023 | finance.yahoo.comTMX Group Equity Financing Statistics - August 2023September 8, 2023 | msn.comTanzanian farmers reap big from online trading platformAugust 30, 2023 | finance.yahoo.comThe Terry Fox Foundation Closes the MarketAugust 29, 2023 | theglobeandmail.comGroup pulls out of Ottawa’s plan to sell Trans Mountain pipeline stakes to Indigenous ownersAugust 24, 2023 | theglobeandmail.comClosing Bell: Tmx Group Limited 4.461 Pct Debs flat on Tuesday (X-DB)August 21, 2023 | theglobeandmail.comClosing Bell: Tmx Group Ltd down on Monday (X)August 21, 2023 | finance.yahoo.comTSX Venture Exchange, Satellos Bioscience Inc., View From The C-SuiteAugust 18, 2023 | theglobeandmail.comClosing Bell: Tmx Group Ltd down on Thursday (X)August 10, 2023 | tmcnet.comCanDeal Benchmark Solutions Announces Launch of Term CORRA Reference Rates on September 5thAugust 4, 2023 | theglobeandmail.comClosing Bell: Tmx Group Limited 4.461 Pct Debs up on Wednesday (X-DB)August 1, 2023 | markets.businessinsider.comAnalysts Conflicted on These Financial Names: S&P Global (SPGI), TMX Group (OtherTMXXF) and Renaissancere Holdings (RNR)July 31, 2023 | benzinga.comIvey Business School Opens the MarketJuly 31, 2023 | msn.comSUV drives into group of migrant workersJuly 29, 2023 | seekingalpha.comTMX Group Limited raises quarterly dividend by 3.4% to CAD 0.18 dividendSee More Headlines Receive X Stock News and Ratings via Email Sign-up to receive the latest news and ratings for TMX Group and its competitors with MarketBeat's FREE daily newsletter. Email Address X Company Calendar Last Earnings7/27/2023Ex-Dividend for 8/25 Dividend8/10/2023Dividend Payable8/25/2023Today9/25/2023Next Earnings (Estimated)10/25/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Financial Data & Stock Exchanges Sub-IndustryN/A SectorFinancial Services Current SymbolTSE:X CUSIPN/A CIKN/A Webwww.tmx.com Phone416-947-4670FaxN/AEmployees1,802Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$154.57 High Stock Price ForecastC$168.00 Low Stock Price ForecastC$143.00 Forecasted Upside/Downside+430.1%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)C$1.33 Trailing P/E Ratio21.92 Forward P/E Ratio17.72 P/E Growth12.65Net IncomeC$369.50 million Net Margins14.44% Pretax MarginN/A Return on Equity9.71% Return on Assets2.16% Debt Debt-to-Equity Ratio29.04 Current Ratio1.00 Quick Ratio0.01 Sales & Book Value Annual SalesC$2.56 billion Price / Sales3.17 Cash FlowC$1.83 per share Price / Cash Flow15.97 Book ValueC$14.69 per share Price / Book1.99Miscellaneous Outstanding Shares278,660,000Free FloatN/AMarket CapC$8.13 billion OptionableOptionable Beta0.49 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. John D. McKenzie B.B.A. (Age 50)C.M.A., CPA, M.B.A., CEO & Director Comp: $1.52MMr. David ArnoldChief Financial OfficerMr. Jayakumar RajarathinamChief Operating OfficerMr. Luc FortinPres, CEO of the Montréal Exchange (MX) & Global Head of TradingMr. Peter Alexander ConroyChief Exec. Officer of TrayportAmin MousavianVP of Investor Relations, Treasury & Admin.Ms. Cheryl GradenChief Legal & Enterprise Corp. Affairs Officer and Corp. Sec.Shane QuinnHead of Communications & Public AffairsMs. Cindy BushChief HR OfficerMr. Loui AnastasopoulosCEO of Toronto Stock Exchange & Global Head of Capital FormationMore ExecutivesKey CompetitorsIGM FinancialTSE:IGMiA FinancialTSE:IAGOnexTSE:ONEXDefinity FinancialTSE:DFYE-L FinancialTSE:ELFView All Competitors X Stock - Frequently Asked Questions Should I buy or sell TMX Group stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TMX Group in the last twelve months. There are currently 3 hold ratings 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 forecast for 2023? 3 analysts have issued 1 year target prices for TMX Group's shares. Their X share price forecasts range from C$143.00 to C$168.00. On average, they predict the company's stock price to reach C$154.57 in the next twelve months. This suggests a possible upside of 430.1% 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 2023? TMX Group's stock was trading at C$135.52 on January 1st, 2023. Since then, X shares have decreased by 78.5% and is now trading at C$29.16. View the best growth stocks for 2023 here. When is TMX Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023. View our X earnings forecast. How were TMX Group's earnings last quarter? TMX Group Limited (TSE:X) announced its quarterly earnings results on Thursday, July, 27th. The company reported $0.38 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.36 by $0.02. The company had revenue of $306.20 million for the quarter, compared to the consensus estimate of $297.99 million. TMX Group had a trailing twelve-month return on equity of 9.71% and a net margin of 14.44%. How often does TMX Group pay dividends? What is the dividend yield for TMX Group? TMX Group announced a quarterly dividend on Thursday, July 27th. Stockholders of record on Friday, August 11th will be given a dividend of 0.18 per share on Friday, August 25th. This represents a $0.72 annualized dividend and a dividend yield of 2.47%. The ex-dividend date is Thursday, August 10th. Read our dividend analysis for X. Is TMX Group a good dividend stock? TMX Group (TSE:X) pays an annual dividend of C$0.72 per share and currently has a dividend yield of 2.43%. The dividend payout ratio is 54.14%. 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), Open Text (OTEX), Rogers Communications (RCI) and Valeant Pharmaceuticals International (VRX). What is TMX Group's stock symbol? TMX Group trades on the Toronto Stock Exchange (TSX) under the ticker symbol "X." 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. What is TMX Group's stock price today? One share of X stock can currently be purchased for approximately C$29.16. How much money does TMX Group make? TMX Group (TSE:X) has a market capitalization of C$8.13 billion and generates C$2.56 billion in revenue each year. The company earns C$369.50 million in net income (profit) each year or C$1.33 on an earnings per share basis. How many employees does TMX Group have? The company employs 1,802 workers across the globe. How can I contact TMX Group? TMX Group's mailing address is 600 Grant St Room 1500, Pittsburgh, Pennsylvania 15219-2800. The official website for the company is www.tmx.com. The company can be reached via phone at 416-947-4670. This page (TSE:X) was last updated on 9/25/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding TMX Group Limited Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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