TMX Group Limited (TSE:X) Given Average Rating of “Moderate Buy” by Analysts

TMX Group Limited (TSE:X) has been given an average rating of “Moderate Buy” by the nine ratings firms that are presently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is C$65.28.

X has been the topic of several recent research reports. National Bank Financial raised shares of TMX Group from a “hold” rating to an “outperform” rating and reduced their price target for the company from C$65.00 to C$63.00 in a report on Monday, July 27th. Scotia raised their price objective on shares of TMX Group from C$70.00 to C$71.00 and gave the stock a “sector outperform” rating in a research note on Wednesday, May 6th. Raymond James Financial cut their price objective on TMX Group from C$65.25 to C$64.50 and set a “strong-buy” rating for the company in a research report on Friday. Barclays upped their target price on TMX Group from C$58.00 to C$59.00 in a research note on Thursday, July 9th. Finally, Canaccord Genuity Group increased their target price on TMX Group from C$63.00 to C$64.00 and gave the company a “buy” rating in a report on Monday, June 15th.

Insider Activity at TMX Group

In related news, insider John Mckenzie acquired 35,860 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The shares were acquired at an average price of C$55.84 per share, with a total value of C$2,002,422.40. Following the completion of the purchase, the insider directly owned 136,634 shares in the company, valued at approximately C$7,629,642.56. The trade was a 35.58% increase in their ownership of the stock. 1.15% of the stock is currently owned by insiders.

TMX Group Stock Performance

TSE:X opened at C$51.24 on Monday. The company has a market capitalization of C$14.15 billion, a PE ratio of 23.61, a price-to-earnings-growth ratio of 12.65 and a beta of -0.16. The company has a quick ratio of 0.01, a current ratio of 2.76 and a debt-to-equity ratio of 41.81. TMX Group has a 52-week low of C$44.10 and a 52-week high of C$57.98. The stock has a fifty day simple moving average of C$49.45 and a 200-day simple moving average of C$49.90.

TMX Group (TSE:X) last released its quarterly earnings data on Thursday, July 30th. The company reported C$0.62 EPS for the quarter. The business had revenue of C$487.50 million for the quarter. TMX Group had a net margin of 16.84% and a return on equity of 3.81%. On average, equities research analysts expect that TMX Group will post 1.7708421 earnings per share for the current fiscal year.

TMX Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, June 5th were given a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 1.9%. The ex-dividend date was Friday, May 22nd. TMX Group’s dividend payout ratio is currently 42.40%.

More TMX Group News

Here are the key news stories impacting TMX Group this week:

• Positive Sentiment: Strong second-quarter results: TMX Group reported C$0.62 in EPS and C$487.5 million in revenue, providing evidence of continued operating momentum across its exchange and market-data businesses. TMX Group Limited Reports Results for the Second Quarter of 2026
• Positive Sentiment: Dividend increased: The company raised its quarterly dividend by 8% to C$0.26 per common share, improving shareholder income and signaling confidence in cash-flow generation. TMX Group Limited Increases Dividend by 8%
• Positive Sentiment: U.S. market expansion: TMX Group and MEMX plan to combine MEMX and BOX into a roughly US$2.3 billion MEMX Group. The transaction would give TMX greater exposure to U.S. equities and options trading and diversify its revenue base. TMX Group and MEMX Announce Strategic Combination
• Positive Sentiment: Analyst remains bullish: Raymond James maintained a “strong-buy” rating and still sees substantial upside, despite reducing its price target to C$64.50 from C$65.25. Raymond James analyst rating
• Neutral Sentiment: Data-services partnership: TMX Datalinx is collaborating with Trading Central on a corporate-events calendar for brokerages, potentially supporting longer-term growth in market-data services. Trading Central and TMX Datalinx partnership
• Negative Sentiment: Target reduction and execution risk: The lower Raymond James target may weigh on sentiment at the margin, while the MEMX/BOX combination introduces transaction, integration and capital-allocation risks before the expected strategic benefits are realized.

TMX Group Company Profile

TMX Group Ltd is a company that operates several global markets to provide investment opportunities for its clients. TMX Group’s key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montreal Exchange, Canadian Derivatives Clearing Corporation, and Trayport, which provides listing markets, trading markets, clearing facilities, depository services, technology solutions, data products, and other services to the global financial community.