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Two Appealing Biotech Stocks for Two Distinct investors
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Pfizer buying spree continues with $5.4B hematology deal
Is Apple Pointing to a Massive Recession in the U.S.? (Ad)
Nuclear plant in Ukraine is shelled; Rising dangers feared
Is DoorDash Ready To Sprint Higher? 
Closing prices for crude oil, gold and other commodities
A Full Year Of Recommended Stock Picks Now 60% Off (Ad)
S&P 500   4,140.06
DOW   32,832.54
QQQ   320.71
How to Use the MarketBeat Dividend Calculator
MUST WATCH: Unusual 3-second financial maneuver (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
Is Apple Pointing to a Massive Recession in the U.S.? (Ad)
Nuclear plant in Ukraine is shelled; Rising dangers feared
Is DoorDash Ready To Sprint Higher? 
Closing prices for crude oil, gold and other commodities
A Full Year Of Recommended Stock Picks Now 60% Off (Ad)
S&P 500   4,140.06
DOW   32,832.54
QQQ   320.71
How to Use the MarketBeat Dividend Calculator
MUST WATCH: Unusual 3-second financial maneuver (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
Is Apple Pointing to a Massive Recession in the U.S.? (Ad)
Nuclear plant in Ukraine is shelled; Rising dangers feared
Is DoorDash Ready To Sprint Higher? 
Closing prices for crude oil, gold and other commodities
A Full Year Of Recommended Stock Picks Now 60% Off (Ad)
TSE:X

TMX Group - X Stock Forecast, Price & News

C$129.92
+0.28 (+0.22%)
(As of 08/8/2022 12:00 AM ET)
Add
Compare
Today's Range
C$129.61
C$130.43
50-Day Range
C$125.70
C$139.61
52-Week Range
C$121.42
C$141.82
Volume
157,021 shs
Average Volume
137,788 shs
Market Capitalization
C$7.22 billion
P/E Ratio
13.92
Dividend Yield
2.56%
Price Target
C$147.78
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.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on X shares. Royal Bank of Canada increased their price target on shares of TMX Group from C$159.00 to C$160.00 and gave the company an "outperform" rating in a report on Friday, July 29th. BMO Capital Markets cut their price target on shares of TMX Group from C$151.00 to C$147.00 in a report on Tuesday, July 19th. Deutsche Bank Aktiengesellschaft cut their price target on shares of TMX Group from C$150.00 to C$148.00 in a report on Wednesday, July 13th. Haywood Securities cut their price target on shares of TMX Group to C$138.00 and set a "sector perform" rating for the company in a report on Friday, July 22nd. Finally, National Bankshares increased their price target on shares of TMX Group from C$138.00 to C$143.00 and gave the company a "sector perform" rating in a report on Friday, July 29th. Four investment analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of C$147.78.

TMX Group Price Performance

TSE:X traded up C$0.28 during trading hours on Monday, reaching C$129.92. The company's stock had a trading volume of 158,121 shares, compared to its average volume of 137,788. The stock has a market cap of C$7.22 billion and a PE ratio of 13.92. TMX Group has a fifty-two week low of C$121.42 and a fifty-two week high of C$141.82. The company's 50-day moving average is C$131.61 and its two-hundred day moving average is C$130.93. The company has a debt-to-equity ratio of 27.67, a quick ratio of 0.01 and a current ratio of 1.01.

TMX Group (TSE:X - Get Rating) last released its quarterly earnings results on Thursday, July 28th. The company reported C$1.88 earnings per share (EPS) for the quarter, topping the consensus estimate of C$1.73 by C$0.15. The firm had revenue of C$286.10 million for the quarter, compared to analyst estimates of C$279.39 million. Analysts forecast that TMX Group will post 7.6199991 EPS for the current year.

TMX Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, August 26th. Shareholders of record on Friday, August 26th will be paid a dividend of $0.83 per share. The ex-dividend date is Thursday, August 11th. This represents a $3.32 annualized dividend and a dividend yield of 2.56%. TMX Group's dividend payout ratio is currently 34.30%.

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X Stock News Headlines

TMX Group Consolidated Trading Statistics - July 2022
27 U.S. Cities Where Stocks Yield 26% a Year
What’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%! When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate. pixel
Scotiabank Raises TMX Group (TSE:X) Price Target to C$155.00
TMX Group (TSE:X) PT Raised to C$160.00
Will This Be the Worst U.S. Crisis Ever?
Wealthy 73-year-old U.S. entrepreneur retreats to one of his three European properties to issue serious warning (and 4 recommendations) for Americans. "It falls on someone like me to warn you clearly. I'm too rich to care about money—and too old to care what anyone thinks."
BUY ALERT: 3 Cheap Stocks to Snag Now
TMX Group Equity Financing Statistics - June 2022
Tmx Group Ltd stock raised on Tuesday.
Australian PDAC Delegation Opens the Market
Women in Governance Opens the Market
Franco-Mine PDAC Delegation Closes the Market
See More Headlines
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X Company Calendar

Ex-Dividend for 6/3 Dividend
5/19/2022
Dividend Payable
6/03/2022
Last Earnings
7/28/2022
Today
8/09/2022
Ex-Dividend for 8/26 Dividend
8/11/2022
Dividend Payable
8/26/2022
Next Earnings (Estimated)
11/14/2022

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
Sector
Finance
CIK
N/A
Fax
N/A
Employees
1,576
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$147.78
High Stock Price Forecast
C$160.00
Low Stock Price Forecast
C$138.00
Forecasted Upside/Downside
+13.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$1.22 billion
Cash Flow
C$7.68 per share
Book Value
C$69.15 per share

Miscellaneous

Free Float
N/A
Market Cap
C$7.22 billion
Optionable
Optionable
Beta
N/A

Key Executives

  • Mr. John D. McKenzie B.B.A. (Age 49)
    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
  • Ms. Alison Simpson
    Sr. VP of Marketing and Branding
  • Sanjay Kulkarni
    Chief Marketing Officer & Head of Digital Solutions
  • Ms. Cindy Bush
    Chief HR Officer













X Stock - Frequently Asked Questions

Should I buy or sell TMX Group stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TMX Group in the last year. There are currently 4 hold ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" X shares.
View X analyst ratings
or view top-rated stocks.

What is TMX Group's stock price forecast for 2022?

7 brokerages have issued 1 year price targets for TMX Group's shares. Their X share price forecasts range from C$138.00 to C$160.00. On average, they anticipate the company's stock price to reach C$147.78 in the next year. This suggests a possible upside of 13.7% from the stock's current price.
View analysts price targets for X
or view top-rated stocks among Wall Street analysts.

How has TMX Group's stock price performed in 2022?

TMX Group's stock was trading at C$128.25 at the beginning of 2022. Since then, X shares have increased by 1.3% and is now trading at C$129.92.
View the best growth stocks for 2022 here
.

When is TMX Group's next earnings date?

TMX Group is scheduled to release its next quarterly earnings announcement on Monday, November 14th 2022.
View our X earnings forecast
.

How were TMX Group's earnings last quarter?

TMX Group Limited (TSE:X) issued its earnings results on Thursday, July, 28th. The company reported $1.88 EPS for the quarter, beating analysts' consensus estimates of $1.73 by $0.15. The company had revenue of $286.10 million for the quarter, compared to the consensus estimate of $279.39 million.

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

TMX Group announced a quarterly dividend on Thursday, August 11th. Investors of record on Friday, August 26th will be given a dividend of 0.83 per share on Friday, August 26th. This represents a $3.32 annualized dividend and a yield of 2.56%. The ex-dividend date of this dividend is Thursday, August 11th.
Read our dividend analysis for X
.

Is TMX Group a good dividend stock?

TMX Group (TSE:X) pays an annual dividend of C$3.20 per share and currently has a dividend yield of 2.56%. The dividend payout ratio is 34.30%. 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?

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$129.92.

How much money does TMX Group make?

TMX Group (TSE:X) has a market capitalization of C$7.22 billion and generates C$1.22 billion in revenue each year.

How many employees does TMX Group have?

TMX Group 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 8/9/2022 by MarketBeat.com Staff

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