TMX Group FY2025 EPS Increased by National Bank Financial

TMX Group Limited (TSE:X - Free Report) - National Bank Financial upped their FY2025 earnings estimates for shares of TMX Group in a research report issued to clients and investors on Tuesday, October 29th. National Bank Financial analyst J. Gloyn now expects that the company will earn $1.83 per share for the year, up from their prior forecast of $1.82. The consensus estimate for TMX Group's current full-year earnings is $1.77 per share.

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

X has been the topic of several other research reports. Scotiabank raised their target price on shares of TMX Group from C$39.00 to C$43.50 in a research note on Wednesday, July 24th. CIBC lifted their price objective on shares of TMX Group from C$43.00 to C$46.00 in a research note on Thursday. Barclays lifted their price objective on shares of TMX Group from C$40.00 to C$42.00 in a research note on Friday, August 2nd. BMO Capital Markets lifted their price objective on shares of TMX Group from C$44.00 to C$46.00 in a research note on Thursday, October 10th. Finally, National Bankshares lifted their price objective on shares of TMX Group from C$43.00 to C$44.00 and gave the stock a "sector perform" rating in a research note on Wednesday. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, TMX Group presently has an average rating of "Hold" and an average target price of C$44.31.

TMX Group Price Performance

TMX Group stock traded down C$0.41 during trading hours on Thursday, hitting C$43.49. 604,124 shares of the company traded hands, compared to its average volume of 355,565. The firm has a market cap of C$12.07 billion, a P/E ratio of 29.59, a P/E/G ratio of 12.65 and a beta of 0.43. The company has a quick ratio of 0.01, a current ratio of 1.00 and a debt-to-equity ratio of 51.71. The firm's 50-day simple moving average is C$43.01 and its two-hundred day simple moving average is C$40.00. TMX Group has a 1-year low of C$28.52 and a 1-year high of C$45.92.

Insider Buying and Selling

In other TMX Group news, Senior Officer Jayakumar Rajarathinam sold 38,125 shares of TMX Group stock in a transaction that occurred on 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. In other TMX Group news, Director Elias Anastasopoulos sold 20,850 shares of TMX Group 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 value of C$886,125.00. Also, Senior Officer Jayakumar Rajarathinam sold 38,125 shares of TMX Group stock in a transaction that occurred on Thursday, August 8th. The shares were sold at an average price of C$41.44, for a total transaction of C$1,579,766.56. 1.15% of the stock is currently owned by corporate insiders.

TMX Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Friday, August 30th were issued a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 1.75%. The ex-dividend date was Friday, August 16th. TMX Group's dividend payout ratio is currently 50.34%.

TMX Group Company Profile

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.