TMX Group (TSE:X) Releases Earnings Results

TMX Group (TSE:X) posted its quarterly earnings results on Thursday. The company reported C$0.62 EPS for the quarter, FiscalAI reports. The business had revenue of C$487.50 million during the quarter. TMX Group had a return on equity of 3.40% and a net margin of 16.47%.

TMX Group Stock Down 0.9%

X opened at C$51.24 on Friday. The business’s fifty day moving average is C$49.45 and its two-hundred day moving average is C$49.90. The company has a debt-to-equity ratio of 44.08, a quick ratio of 0.01 and a current ratio of 2.35. The company has a market cap of C$14.15 billion, a price-to-earnings ratio of 26.83, a PEG ratio of 12.65 and a beta of -0.16. TMX Group has a one year low of C$44.10 and a one year high of C$57.98.

TMX Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, June 5th were issued a dividend of $0.24 per share. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $0.96 annualized dividend and a yield of 1.9%. TMX Group’s payout ratio is currently 46.07%.

Insider Buying and Selling at TMX Group

In other news, insider John Mckenzie sold 69,970 shares of the firm’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of C$54.71, for a total value of C$3,828,058.70. Following the completion of the transaction, the insider owned 100,774 shares in the company, valued at C$5,513,345.54. This trade represents a 40.98% decrease in their ownership of the stock. 1.15% of the stock is currently owned by corporate insiders.

TMX Group News Summary

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.

Analysts Set New Price Targets

X has been the topic of a number of recent analyst reports. BMO Capital Markets upped their price objective on TMX Group from C$62.00 to C$65.00 and gave the stock an “outperform” rating in a report on Wednesday, May 6th. Scotia raised their target price on TMX Group from C$70.00 to C$71.00 and gave the company a “sector outperform” rating in a report on Wednesday, May 6th. Canaccord Genuity Group boosted their target price on shares of TMX Group from C$63.00 to C$64.00 and gave the stock a “buy” rating in a research report on Monday, June 15th. Raymond James Financial reduced their price objective on shares of TMX Group from C$65.25 to C$64.50 and set a “strong-buy” rating for the company in a research note on Friday. Finally, Barclays boosted their price objective on shares of TMX Group from C$58.00 to C$59.00 in a report on Thursday, July 9th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of C$65.28.

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.