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Buffett's company owns nearly 24% of Occidental Petroleum
S&P 500   3,971.27
DOW   32,394.25
QQQ   307.12
Walgreens Boots Alliance: Blue Chip, High-Yield Turnaround Story
A 100% Win Rate In 2022… (Ad)pixel
Here’s Why Viking Therapeutics Rose Over 50% on Obesity Drug Data
Roku And The 20% Rally That’s About To Start 
A 100% Win Rate In 2022… (Ad)pixel
3 Undervalued Dividend Payers For Volatile Market Conditions
The Bottom Is In For McCormick & Company
"Prepare for Five Years of Famine" (Ad)
3 More Downgrades To Put On Your Buy List 
Buffett's company owns nearly 24% of Occidental Petroleum
S&P 500   3,971.27
DOW   32,394.25
QQQ   307.12
Walgreens Boots Alliance: Blue Chip, High-Yield Turnaround Story
A 100% Win Rate In 2022… (Ad)pixel
Here’s Why Viking Therapeutics Rose Over 50% on Obesity Drug Data
Roku And The 20% Rally That’s About To Start 
A 100% Win Rate In 2022… (Ad)pixel
3 Undervalued Dividend Payers For Volatile Market Conditions
The Bottom Is In For McCormick & Company
"Prepare for Five Years of Famine" (Ad)
3 More Downgrades To Put On Your Buy List 
Buffett's company owns nearly 24% of Occidental Petroleum
S&P 500   3,971.27
DOW   32,394.25
QQQ   307.12
Walgreens Boots Alliance: Blue Chip, High-Yield Turnaround Story
A 100% Win Rate In 2022… (Ad)pixel
Here’s Why Viking Therapeutics Rose Over 50% on Obesity Drug Data
Roku And The 20% Rally That’s About To Start 
A 100% Win Rate In 2022… (Ad)pixel
3 Undervalued Dividend Payers For Volatile Market Conditions
The Bottom Is In For McCormick & Company
"Prepare for Five Years of Famine" (Ad)
3 More Downgrades To Put On Your Buy List 
Buffett's company owns nearly 24% of Occidental Petroleum
TSE:X

TMX Group - X Stock Forecast, Price & News

C$134.27
-0.10 (-0.07%)
(As of 03/28/2023 12:00 AM ET)
Add
Compare
Today's Range
C$132.91
▼
C$134.47
50-Day Range
C$131.14
▼
C$138.12
52-Week Range
C$123.03
▼
C$142.92
Volume
66,964 shs
Average Volume
118,500 shs
Market Capitalization
C$7.48 billion
P/E Ratio
13.93
Dividend Yield
2.59%
Price Target
C$150.14

TMX Group MarketRank™ Forecast

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
11.8% Upside
C$150.14 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.26mentions of TMX Group in the last 14 days
Based on 2 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.

1.58 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. The company operates through four segments: Global Solutions, Insights & Analytics; Capital Formation; Derivatives Trading and 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; 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.

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X Stock News Headlines

March 28, 2023 | benzinga.com
CPC Founders Open the Market
March 26, 2023 | americanbankingnews.com
TMX Group (TSE:X) Shares Pass Above Two Hundred Day Moving Average of $133.85
March 29, 2023 | Weiss Ratings (Ad)
Bank Accounts: Frozen!
In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!
March 20, 2023 | baystreet.ca
TMX Group Names New Board Chair
March 17, 2023 | theglobeandmail.com
Luc Bertrand to helm board of TMX Group
March 9, 2023 | finance.yahoo.com
RBC Dominion Securities Opens the Market
March 7, 2023 | benzinga.com
Canadian Mining Sector Opens the Market
March 6, 2023 | finance.yahoo.com
TMX Group Consolidated Trading Statistics - February 2023
March 29, 2023 | Weiss Ratings (Ad)
Bank Accounts: Frozen!
In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!
March 6, 2023 | theglobeandmail.com
Nasdaq of the north? Inside NEO’s quest to topple the TSX monopoly
March 3, 2023 | finance.yahoo.com
TMX Group Welcomes International Mining Community to PDAC 2023
March 3, 2023 | finance.yahoo.com
Canadian Security Traders Association Closes the Market
March 1, 2023 | finance.yahoo.com
Women in ETFs Closes The Market
February 24, 2023 | msn.com
TMX Group to buy back up to 1% of outstanding stock via NCIB
February 16, 2023 | finance.yahoo.com
TMX Group Completes Acquisition of SigmaLogic, owner of LOGICLY
February 9, 2023 | finance.yahoo.com
TMX Group CEO John McKenzie to present at the Credit Suisse 24th Annual Financial Services Forum
February 8, 2023 | finance.yahoo.com
TMX Group Equity Financing Statistics - January 2023
February 7, 2023 | msn.com
Retail investors taking risk off table amid move into high-quality stocks: TMX CEO
February 7, 2023 | benzinga.com
Canada 360° Economic Summit Opens the Market
February 7, 2023 | baystreet.ca
TMX Group Reports 16% Rise In Net Income And Hikes Dividend 5%
February 7, 2023 | baystreet.ca
Futures Don’t Move Tuesday
February 6, 2023 | ca.finance.yahoo.com
TMX Group Limited Reports Results for Fourth Quarter of 2022
February 6, 2023 | ca.finance.yahoo.com
TMX Group sees revenue, earnings rise in fourth quarter of 2022, full year
February 3, 2023 | finance.yahoo.com
TSX Venture Exchange, TRU Precious Metals Corp., The View From The C-Suite
January 31, 2023 | msn.com
Land defenders build tipi along TMX construction route in ‘Burnaby’
January 27, 2023 | msn.com
Two B.C. women sentenced to more than 20 days in jail for protesting pipeline
January 26, 2023 | finance.yahoo.com
Princeton TMX Follows Recent Strategic Transaction with Key Additions to Leadership
See More Headlines
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X Company Calendar

Ex-Dividend for 3/10 Dividend
2/23/2023
Dividend Payable
3/10/2023
Today
3/29/2023
Next Earnings (Estimated)
5/01/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
TSE
Industry
Asset Management
Sub-Industry
N/A
Sector
Finance
Current Symbol
TSE:X
CUSIP
N/A
CIK
N/A
Web
www.tmx.com
Phone
416-947-4670
Fax
N/A
Employees
1,576
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$150.14
High Stock Price Forecast
C$168.00
Low Stock Price Forecast
C$138.00
Forecasted Upside/Downside
+11.8%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

EPS (Most Recent Fiscal Year)
C$9.64
Trailing P/E Ratio
13.93
Forward P/E Ratio
18.13
P/E Growth
12.65
Net Income
C$542.70 million
Net Margins
29.11%
Pretax Margin
N/A
Return on Equity
14.70%
Return on Assets
1.34%

Debt

Debt-to-Equity Ratio
26.38
Current Ratio
1.00
Quick Ratio
0.01

Sales & Book Value

Annual Sales
C$1.86 billion
Price / Sales
4.02
Cash Flow
C$8.41 per share
Price / Cash Flow
15.97
Book Value
C$71.61 per share
Price / Book
1.88

Miscellaneous

Outstanding Shares
55,740,000
Free Float
N/A
Market Cap
C$7.48 billion
Optionable
Optionable
Beta
0.55

Key Executives

  • Mr. John D. McKenzie B.B.A. (Age 50)
    C.M.A., CPA, M.B.A., CEO & Director
    Comp: $2.79M
  • Mr. David Arnold
    Chief Financial Officer
  • Mr. Jayakumar Rajarathinam
    Chief Operating Officer
  • Ms. Cheryl Graden
    Chief Legal and Enterprise Corp. Affairs Officer & Corp. Sec.
  • Mr. Luc Fortin
    Pres, CEO of the Montréal Exchange (MX) & Global Head of Trading
  • Mr. Paul Malcolmson
    VP of Enterprise Sustainability & Investor Relations
  • Shane Quinn
    Head of Communications & Public Affairs
  • Sanjay Kulkarni
    Chief Marketing Officer & Head of Digital Solutions
  • Ms. Cindy Bush
    Chief HR Officer
  • Mr. Loui Anastasopoulos
    CEO of Toronto Stock Exchange & Global Head of Capital Formation

Key Competitors

View All Competitors

Insiders

View All Insider Transactions













X Stock - Frequently Asked Questions

Should I buy or sell TMX Group stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TMX Group in the last twelve months. There are currently 3 hold ratings and 1 buy rating 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 forecast for 2023?

4 brokers have issued 12-month price objectives for TMX Group's shares. Their X share price forecasts range from C$138.00 to C$168.00. On average, they anticipate the company's share price to reach C$150.14 in the next year. This suggests a possible upside of 11.8% 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 beginning of the year. Since then, X shares have decreased by 0.9% and is now trading at C$134.27.
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, May 1st 2023.
View our X earnings forecast.

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

TMX Group announced a quarterly dividend on Thursday, February 23rd. Shareholders of record on Friday, March 10th will be paid a dividend of 0.87 per share on Friday, March 10th. This represents a $3.48 annualized dividend and a dividend yield of 2.59%. The ex-dividend date is Thursday, February 23rd. This is an increase from the stock's previous quarterly dividend of C$0.83.
Read our dividend analysis for X.

Is TMX Group a good dividend stock?

TMX Group (TSE:X) pays an annual dividend of C$3.48 per share and currently has a dividend yield of 2.59%. The dividend payout ratio is 36.10%. 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), Wheaton Precious Metals (WPM), 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$134.27.

How much money does TMX Group make?

TMX Group (TSE:X) has a market capitalization of C$7.48 billion and generates C$1.86 billion in revenue each year. The company earns C$542.70 million in net income (profit) each year or C$9.64 on an earnings per share basis.

How many employees does TMX Group have?

The company employs 1,576 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 3/29/2023 by MarketBeat.com Staff