FY2025 EPS Estimate for TMX Group Increased by Analyst

TMX Group Limited (TSE:XFree Report) – Research analysts at National Bank Financial upped their FY2025 earnings estimates for shares of TMX Group in a research report issued on Tuesday, October 29th. National Bank Financial analyst J. Gloyn now anticipates that the company will post earnings of $1.83 per share for the year, up from their prior estimate of $1.82. The consensus estimate for TMX Group’s current full-year earnings is $1.77 per share.

Several other research firms also recently issued reports on X. TD Securities lifted their price target on shares of TMX Group from C$42.00 to C$43.00 and gave the company a “hold” rating in a research report on Monday. Barclays lifted their price objective on shares of TMX Group from C$40.00 to C$42.00 in a report on Friday, August 2nd. CIBC upped their target price on shares of TMX Group from C$40.00 to C$43.00 in a report on Friday, July 19th. BMO Capital Markets lifted their price target on TMX Group from C$44.00 to C$46.00 in a research note on Thursday, October 10th. Finally, National Bankshares boosted their price objective on TMX Group from C$43.00 to C$44.00 and gave the stock a “sector perform” rating in a report on Wednesday. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of C$43.94.

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TMX Group Price Performance

Shares of TSE X opened at C$43.90 on Thursday. The firm has a market capitalization of C$12.19 billion, a P/E ratio of 29.86, a P/E/G ratio of 12.65 and a beta of 0.43. The firm’s 50-day moving average price is C$43.01 and its 200-day moving average price is C$40.00. The company has a current ratio of 1.00, a quick ratio of 0.01 and a debt-to-equity ratio of 51.71. TMX Group has a 1-year low of C$28.52 and a 1-year high of C$44.28.

TMX Group (TSE:XGet Free Report) last posted its quarterly earnings results on Wednesday, October 30th. The company reported C$0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.40 by C$0.01. The firm had revenue of C$353.80 million for the quarter, compared to analysts’ expectations of C$356.24 million. TMX Group had a return on equity of 10.08% and a net margin of 13.39%.

Insider Activity

In other TMX Group news, Senior Officer Jayakumar Rajarathinam sold 38,125 shares of the stock in a transaction on Thursday, August 8th. The stock was sold at an average price of C$41.44, for a total transaction of C$1,579,766.56. In other news, Senior Officer Jayakumar Rajarathinam sold 38,125 shares of the stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of C$41.44, for a total value of C$1,579,766.56. Also, Director Elias Anastasopoulos sold 20,850 shares of the firm’s stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of C$42.50, for a total transaction of C$886,125.00. Insiders own 1.15% of the company’s stock.

TMX Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Friday, August 30th were given a dividend of $0.19 per share. The ex-dividend date was Friday, August 16th. This represents a $0.76 dividend on an annualized basis and a yield of 1.73%. TMX Group’s dividend payout ratio is presently 50.34%.

About TMX Group

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TMX Group Limited operates exchanges, markets, and clearinghouses primarily for capital markets in Canada, the United States, the United Kingdom, Germany, and internationally. It operates through four segments: Global Solutions, Insights & Analytics; Capital Formation; Derivatives Trading & Clearing; and Equities and Fixed Income Trading & Clearing.

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Earnings History and Estimates for TMX Group (TSE:X)

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