TMX Group (TSE:X) Releases Earnings Results

TMX Group (TSE:X) issued its earnings results on Thursday. The company reported C$0.63 earnings per share (EPS) for the quarter, FiscalAI reports. TMX Group had a return on equity of 3.81% and a net margin of 32.55%. The company had revenue of C$491.10 million for the quarter.

TMX Group Stock Performance

Shares of X stock opened at C$60.07 on Friday. The firm has a 50-day moving average of C$54.15 and a 200-day moving average of C$51.19. The company has a market cap of C$16.54 billion, a P/E ratio of 27.68, a P/E/G ratio of 12.65 and a beta of -0.17. The company has a debt-to-equity ratio of 41.81, a current ratio of 2.76 and a quick ratio of 0.01. TMX Group has a one year low of C$44.10 and a one year high of C$62.57.

TMX Group Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 28th were issued a $0.26 dividend. This is an increase from TMX Group’s previous quarterly dividend of $0.24. This represents a $1.04 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Friday, August 14th. TMX Group’s dividend payout ratio is currently 42.40%.

Analysts Set New Price Targets

X has been the subject of a number of recent research reports. Canaccord Genuity Group boosted their price target on shares of TMX Group from C$64.00 to C$65.00 and gave the company a “buy” rating in a research note on Wednesday, October 14th. Raymond James Financial raised their price objective on shares of TMX Group from C$64.50 to C$69.00 and gave the company a “strong-buy” rating in a research note on Friday. Barclays lifted their price objective on shares of TMX Group from C$58.00 to C$59.00 in a report on Thursday, July 9th. National Bank Financial boosted their target price on shares of TMX Group from C$64.00 to C$67.00 and gave the stock an “outperform” rating in a research report on Wednesday. Finally, RBC Dominion Securities lowered their target price on shares of TMX Group from C$69.00 to C$67.00 and set an “outperform” rating on the stock in a report on Thursday, October 15th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of C$66.75.

TMX Group News Roundup

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

• Positive Sentiment: Raymond James raised its price target to C$69.00 from C$64.50 and upgraded TMX to “strong buy,” implying approximately 14% upside from the referenced price. The target increase signals stronger confidence in TMX’s earnings outlook and diversification strategy. Raymond James stock recommendations
• Positive Sentiment: TMX reported third-quarter revenue of C$491.1 million and earnings of C$0.63 per share. The results provide evidence of continued revenue generation across its exchange, clearing, data, and other businesses. TMX Group Limited reports third-quarter 2026 results
• Positive Sentiment: The company plans to introduce extended trading hours for TSX Alpha in spring 2027, potentially increasing trading volumes and market-access revenue. Management expects leverage to peak at approximately 3.1x–3.2x, suggesting debt levels remain guided and manageable. TMX plans TSX Alpha extended hours
• Positive Sentiment: TMX declared a C$0.26-per-share dividend, payable November 27, supporting the stock’s income appeal and signaling continued shareholder distributions. TMX dividend payable November 27, 2026
• Neutral Sentiment: Management described its diversification efforts as providing a “nice balancing point,” highlighting the company’s attempt to reduce reliance on any single market or business line. TMX CEO discusses diversification efforts
• Negative Sentiment: Third-quarter profit declined, creating a counterpoint to the strong revenue figure and potentially limiting near-term earnings momentum. TMX Group profit retreats in Q3

Insider Buying and Selling at TMX Group

In related news, insider Cheryl Graden sold 17,000 shares of the business’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of C$54.14, for a total transaction of C$920,380.00. Insiders have sold 41,735 shares of company stock worth $2,268,124 over the last 90 days. 1.15% of the stock is owned by company insiders.

TMX Group Company Profile

TMX Group operates global markets, and builds digital communities and analytic solutions that facilitate the funding, growth and success of businesses, traders and investors. TMX Group’s key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, TSX Trust, TMX Trayport, TMX Datalinx, TMX VettaFi and TMX Newsfile, which provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community.