National Bank Financial Estimates TMX Group Q2 Earnings

TMX Group Limited (TSE:X) – Equities researchers at National Bank Financial raised their Q2 2025 earnings estimates for TMX Group in a research note issued on Monday, July 28th. National Bank Financial analyst J. Gloyn now expects that the company will post earnings per share of $0.51 for the quarter, up from their prior forecast of $0.48. The consensus estimate for TMX Group’s current full-year earnings is $1.77 per share. National Bank Financial also issued estimates for TMX Group’s Q3 2025 earnings at $0.48 EPS, Q4 2025 earnings at $0.52 EPS, FY2025 earnings at $1.99 EPS and FY2026 earnings at $2.18 EPS.

Several other research analysts have also recently weighed in on X. TD Securities upped their price objective on TMX Group from C$54.00 to C$57.00 and gave the stock a “hold” rating in a research report on Wednesday, July 16th. CIBC boosted their target price on TMX Group from C$55.00 to C$57.00 and gave the company a “neutral” rating in a research note on Monday, April 28th. National Bankshares raised their price target on shares of TMX Group from C$55.00 to C$58.00 and gave the stock a “sector perform” rating in a research note on Tuesday. Scotiabank lifted their price objective on shares of TMX Group from C$57.00 to C$63.00 in a report on Wednesday, July 23rd. Finally, Raymond James Financial raised shares of TMX Group to a “moderate buy” rating in a research report on Wednesday, May 28th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of C$57.25.

TMX Group Price Performance

X stock opened at C$56.23 on Wednesday. The stock has a 50-day moving average price of C$56.06 and a two-hundred day moving average price of C$52.50. TMX Group has a 1 year low of C$39.70 and a 1 year high of C$57.77. The stock has a market cap of C$15.64 billion, a PE ratio of 32.46, a price-to-earnings-growth ratio of 12.65 and a beta of 0.43. The company has a current ratio of 1.01, a quick ratio of 0.01 and a debt-to-equity ratio of 47.49.

TMX Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Stockholders of record on Friday, June 6th were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 1.42%. The ex-dividend date was Friday, May 23rd. TMX Group’s payout ratio is presently 42.72%.

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.