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TSE:X

TMX Group (X) Stock Forecast, Price & News

C$29.16
+0.11 (+0.38%)
(As of 09/25/2023 ET)
Compare
Today's Range
C$28.88
▼
C$29.27
50-Day Range
C$28.98
▼
C$30.48
52-Week Range
C$24.61
▼
C$30.70
Volume
371,634 shs
Average Volume
560,275 shs
Market Capitalization
C$8.13 billion
P/E Ratio
21.92
Dividend Yield
2.47%
Price Target
C$154.57
ProfileAnalyst RatingsChartCompetitorsDividendEarningsHeadlinesOptions ChainSocial Media

TMX Group MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
430.1% Upside
C$154.57 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.15mentions of TMX Group in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

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

See Top Rated MarketRank™ Stocks Here

X stock logo

About TMX Group (TSE:X) Stock

TMX 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.

X Price History

X Stock News Headlines

September 20, 2023 | forbes.com
How Mo News And TMX Are Disrupting The Digital News Landscape
September 19, 2023 | theglobeandmail.com
Closing 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.
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September 19, 2023 | finance.yahoo.com
Princeton TMX taps industry veteran Mark McEntire as CEO
September 19, 2023 | benzinga.com
Toronto Stock Exchange, RF Capital Group Inc., The View From The C-Suite
September 18, 2023 | msn.com
Canada's Trans Mountain oil pipeline faces hearing on route change dispute
September 18, 2023 | msn.com
Canada's Trans Mountain oil pipeline's faces hearing on route change dispute
September 18, 2023 | theglobeandmail.com
Monday’s TSX breakouts: This company has reported seven consecutive earnings beats and raised its dividend twice in 2023
September 25, 2023 | Chaikin Analytics (Ad)
His system isolated NVIDIA - Here's His Next Buy.
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September 14, 2023 | msn.com
TFSA Investors: 3 Safe and Rewarding Picks for 2023
September 14, 2023 | theglobeandmail.com
Canadian stock market operator TMX says IPO window shrinking
September 12, 2023 | theglobeandmail.com
Banking sector says Ottawa is ‘picking on’ financial services firms with new taxes
September 12, 2023 | finance.yahoo.com
Toronto Stock Exchange Announces the 2023 TSX30®, Celebrating Excellence in Growth
September 11, 2023 | finance.yahoo.com
TMX Group Equity Financing Statistics - August 2023
September 8, 2023 | msn.com
Tanzanian farmers reap big from online trading platform
August 30, 2023 | finance.yahoo.com
The Terry Fox Foundation Closes the Market
August 29, 2023 | theglobeandmail.com
Group pulls out of Ottawa’s plan to sell Trans Mountain pipeline stakes to Indigenous owners
August 24, 2023 | theglobeandmail.com
Closing Bell: Tmx Group Limited 4.461 Pct Debs flat on Tuesday (X-DB)
August 21, 2023 | theglobeandmail.com
Closing Bell: Tmx Group Ltd down on Monday (X)
August 21, 2023 | finance.yahoo.com
TSX Venture Exchange, Satellos Bioscience Inc., View From The C-Suite
August 18, 2023 | theglobeandmail.com
Closing Bell: Tmx Group Ltd down on Thursday (X)
August 10, 2023 | tmcnet.com
CanDeal Benchmark Solutions Announces Launch of Term CORRA Reference Rates on September 5th
August 4, 2023 | theglobeandmail.com
Closing Bell: Tmx Group Limited 4.461 Pct Debs up on Wednesday (X-DB)
August 1, 2023 | markets.businessinsider.com
Analysts Conflicted on These Financial Names: S&P Global (SPGI), TMX Group (OtherTMXXF) and Renaissancere Holdings (RNR)
July 31, 2023 | benzinga.com
Ivey Business School Opens the Market
July 31, 2023 | msn.com
SUV drives into group of migrant workers
July 29, 2023 | seekingalpha.com
TMX Group Limited raises quarterly dividend by 3.4% to CAD 0.18 dividend
See More Headlines
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X Company Calendar

Last Earnings
7/27/2023
Ex-Dividend for 8/25 Dividend
8/10/2023
Dividend Payable
8/25/2023
Today
9/25/2023
Next Earnings (Estimated)
10/25/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
TSE
Industry
Financial Data & Stock Exchanges
Sub-Industry
N/A
Sector
Financial Services
Current Symbol
TSE:X
CUSIP
N/A
CIK
N/A
Web
www.tmx.com
Phone
416-947-4670
Fax
N/A
Employees
1,802
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$154.57
High Stock Price Forecast
C$168.00
Low Stock Price Forecast
C$143.00
Forecasted Upside/Downside
+430.1%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

EPS (Most Recent Fiscal Year)
C$1.33
Trailing P/E Ratio
21.92
Forward P/E Ratio
17.72
P/E Growth
12.65
Net Income
C$369.50 million
Net Margins
14.44%
Pretax Margin
N/A
Return on Equity
9.71%
Return on Assets
2.16%

Debt

Debt-to-Equity Ratio
29.04
Current Ratio
1.00
Quick Ratio
0.01

Sales & Book Value

Annual Sales
C$2.56 billion
Price / Sales
3.17
Cash Flow
C$1.83 per share
Price / Cash Flow
15.97
Book Value
C$14.69 per share
Price / Book
1.99

Miscellaneous

Outstanding Shares
278,660,000
Free Float
N/A
Market Cap
C$8.13 billion
Optionable
Optionable
Beta
0.49
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Key Executives

  • Mr. John D. McKenzie B.B.A. (Age 50)
    C.M.A., CPA, M.B.A., CEO & Director
    Comp: $1.52M
  • Mr. David Arnold
    Chief Financial Officer
  • Mr. Jayakumar Rajarathinam
    Chief Operating Officer
  • Mr. Luc Fortin
    Pres, CEO of the Montréal Exchange (MX) & Global Head of Trading
  • Mr. Peter Alexander Conroy
    Chief Exec. Officer of Trayport
  • Amin Mousavian
    VP of Investor Relations, Treasury & Admin.
  • Ms. Cheryl Graden
    Chief Legal & Enterprise Corp. Affairs Officer and Corp. Sec.
  • Shane Quinn
    Head of Communications & Public Affairs
  • Ms. Cindy Bush
    Chief HR Officer
  • Mr. Loui Anastasopoulos
    CEO of Toronto Stock Exchange & Global Head of Capital Formation

Key Competitors

View 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

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