Should I buy or sell TMX Group stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TMX Group in the last year. There are currently 5 hold ratings for the stock. The consensus among Wall Street equities research 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 target for 2024?

5 brokers have issued twelve-month price objectives for TMX Group's shares. Their X share price targets range from C$31.00 to C$168.00. On average, they expect the company's stock price to reach C$124.38 in the next twelve months. This suggests a possible upside of 312.4% 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 at the start of the year. Since then, X stock has decreased by 77.7% and is now trading at C$30.16. 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 Monday, February 5th 2024. View our X earnings forecast .

How were TMX Group's earnings last quarter?

TMX Group Limited (TSE:X) released its quarterly earnings results on Monday, October, 30th. The company reported $0.35 earnings per share for the quarter, hitting analysts' consensus estimates of $0.35. TMX Group had a trailing twelve-month return on equity of 9.61% and a net margin of 13.60%.

How often does TMX Group pay dividends? What is the dividend yield for TMX Group?

TMX Group announced a quarterly dividend on Thursday, November 16th. Investors of record on Friday, December 1st will be paid a dividend of 0.18 per share on Friday, December 1st. This represents a $0.72 annualized dividend and a yield of 2.39%. The ex-dividend date of this dividend is Thursday, November 16th. 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 2.42%. The dividend payout ratio is 53.73%. 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) .

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 .

TMX Group Stock Price, News & Analysis (TSE:X)

C$30.16

+0.41 (+1.38%)

(As of 12/8/2023 ET)

Compare

Today's Range: C$29.79
▼
C$30.32
50-Day Range: C$28.64
▼
C$30.55
52-Week Range: C$25.87
▼
C$30.93

Volume: 319,907 shs
Average Volume: 527,105 shs
Market Capitalization: C$8.37 billion

P/E Ratio: 22.51
Dividend Yield: 2.39%
Price Target: C$124.38

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

TMX Group MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 312.4% Upside
C$124.38 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.20
Based on 5 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.

1.87 out of 5 stars

3.0

Analyst's Opinion

Consensus Rating
TMX Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$124.38, TMX Group has a forecasted upside of 312.4% from its current price of C$30.16.
Amount of Analyst Coverage
TMX Group has only been the subject of 2 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for X.

1.7

Dividend Strength

Dividend Yield
TMX Group pays a meaningful dividend of 2.42%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
TMX Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of TMX Group is 53.73%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for X.

1.0

News and Social Media Coverage

News Sentiment
TMX Group has a news sentiment score of -0.20. 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 0.49 average news sentiment score of Financial Services companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for TMX Group this week, compared to 2 articles on an average week.
Search Interest
Only 53 people have searched for X on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, TMX Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 5.52% of the stock of TMX Group is held by insiders.
Percentage Held by Institutions
53.47% of the stock of TMX Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of TMX Group is 22.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.83.
Price to Earnings Ratio vs. Sector
The P/E ratio of TMX Group is 22.51, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 348.48.
Price to Earnings Growth Ratio
TMX 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 Ratio
TMX Group has a P/B Ratio of 2.05. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About TMX Group Stock (TSE:X)

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 Stock Price History

30 days | 90 days | 365 days | Advanced Chart

X Stock News Headlines

December 8, 2023 | finance.yahoo.com

Those who invested in TMX Group (TSE:X) five years ago are up 124%

December 7, 2023 | msn.com

WebXtra: Caldwell Zoo keeper says ‘independent’ 6-month-old cheetahs are already training

December 9, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

December 6, 2023 | msn.com

TMX Group announces November trading statistics

December 6, 2023 | finance.yahoo.com

TMX Group Consolidated Trading Statistics - November 2023

December 5, 2023 | reuters.com

Canada regulator denies Trans Mountain expansion project variance request

November 30, 2023 | finance.yahoo.com

Casey House Opens the Market

November 27, 2023 | msn.com

“Late Show” host Colbert recovering from ruptured appendix

December 9, 2023 | Autonomix (Ad)

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November 21, 2023 | theglobeandmail.com

‘A true seat at the table’: Why an Indigenous group wants an ownership stake in the TMX pipeline

November 15, 2023 | ca.news.yahoo.com

Secwépemc matriarch and hereditary chief head to jail for opposition of TMX construction on unceded land

November 7, 2023 | markets.businessinsider.com

TMX Group Opens the Market

November 7, 2023 | finance.yahoo.com

TMX Group Launches New Canadian Trading Platform

November 5, 2023 | msn.com

How TMX plans to bring Canadian markets to the world

November 2, 2023 | money.usnews.com

Canada Regulator Issues Stop Work Order to TMX Over Non-Compliance Discovery

November 2, 2023 | fool.ca

Here’s My #1 Canadian Growth Stock Pick to Buy for November 2023

October 31, 2023 | theglobeandmail.com

TMX plans U.S. expansion as equity financing deals continue to slump

October 31, 2023 | msn.com

TMX Group Non-GAAP EPS of $0.35, revenue of $287.3M beats by $70.01M

October 31, 2023 | msn.com

TMX Group declares CAD 0.18 dividend

October 30, 2023 | finance.yahoo.com

TMX Group Limited Declares Dividend of $0.18 per Common Share

October 30, 2023 | finance.yahoo.com

Morning News Call - Canada, October 30

October 27, 2023 | yahoo.com

Travis Kelce Busts a Move and Shows Off His Signature Twerk at Charity Dance Event in Kansas City

October 25, 2023 | msn.com

Poll shows 68% of Canadians oppose government writedown on Trans Mountain pipeline

October 12, 2023 | msn.com

Small-cap companies not ready for climate disclosure rules: TMX Group CEO

October 4, 2023 | finance.yahoo.com

TMX Group Consolidated Trading Statistics - September 2023

October 4, 2023 | msn.com

Build stronger with TMX rebars

October 2, 2023 | ca.finance.yahoo.com

Canadian Investment Regulatory Organization Trading Halt - X.DB

See More Headlines

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Company Calendar

Last Earnings: 10/30/2023
Ex-Dividend for 12/1 Dividend: 11/16/2023
Dividend Payable: 12/01/2023
Today: 12/09/2023
Next Earnings (Estimated): 2/05/2024

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: 1,785
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$124.38
High Stock Price Target: C$168.00
Low Stock Price Target: C$31.00
Potential Upside/Downside: +312.4%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$1.34
Trailing P/E Ratio: 22.51
Forward P/E Ratio: 18.78
P/E Growth: 12.65
Net Income: C$373.80 million
Net Margins: 13.60%
Pretax Margin: N/A
Return on Equity: 9.61%
Return on Assets: 2.19%

Debt

Debt-to-Equity Ratio: 32.21
Current Ratio: 1.00
Quick Ratio: 0.01

Sales & Book Value

Annual Sales: C$2.75 billion
Price / Sales: 3.04
Cash Flow: C$1.89 per share
Price / Cash Flow: 15.97
Book Value: C$14.74 per share
Price / Book: 2.05

Miscellaneous

Outstanding Shares: 277,580,000
Free Float: N/A
Market Cap: C$8.37 billion
Optionable: Not Optionable
Beta: 0.47

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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
President, CEO of the Montréal Exchange (MX) & Global Head of Trading
Mr. Peter Alexander Conroy
Chief Executive Officer of Trayport
Amin Mousavian
Vice President of Investor Relations, Treasury & Administration
Ms. Cheryl Graden
Chief Legal & Enterprise Corporate Affairs Officer and Corporate Secretary
Shane Quinn
Head of Communications & Public Affairs
Ms. Cindy Bush
Chief Human Resources Officer
Mr. Loui Anastasopoulos
CEO of Toronto Stock Exchange & Global Head of Capital Formation

Key Competitors

View All Competitors

X Stock Analysis - Frequently Asked Questions

Should I buy or sell TMX Group stock right now?: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TMX Group in the last year. There are currently 5 hold ratings for the stock. The consensus among Wall Street equities research 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 target for 2024?: 5 brokers have issued twelve-month price objectives for TMX Group's shares. Their X share price targets range from C$31.00 to C$168.00. On average, they expect the company's stock price to reach C$124.38 in the next twelve months. This suggests a possible upside of 312.4% 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 at the start of the year. Since then, X stock has decreased by 77.7% and is now trading at C$30.16.
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 Monday, February 5th 2024.
View our X earnings forecast.
How were TMX Group's earnings last quarter?: TMX Group Limited (TSE:X) released its quarterly earnings results on Monday, October, 30th. The company reported $0.35 earnings per share for the quarter, hitting analysts' consensus estimates of $0.35. TMX Group had a trailing twelve-month return on equity of 9.61% and a net margin of 13.60%.

How often does TMX Group pay dividends? What is the dividend yield for TMX Group?: TMX Group announced a quarterly dividend on Thursday, November 16th. Investors of record on Friday, December 1st will be paid a dividend of 0.18 per share on Friday, December 1st. This represents a $0.72 annualized dividend and a yield of 2.39%. The ex-dividend date of this dividend is Thursday, November 16th.
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 2.42%. The dividend payout ratio is 53.73%. 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).
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.

This page (TSE:X) was last updated on 12/9/2023 by MarketBeat.com Staff

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TMX Group Stock Price, News & Analysis (TSE:X)

TMX Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About TMX Group Stock (TSE:X)

X Stock Price History

X Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

X Stock Analysis - Frequently Asked Questions

Overall MarketRank^™