TMX Group (X.TO) Stock Price
TMX Group Price
Over the last 19 years TMX Group grew revenue by 11.8% annually, reaching 2.92 B CAD. Earnings per share have grown at 7.4% per year over the last 19 years. For TMX Group, the net margin of 14.2% is down versus 34.5% a few years ago. At today's price the dividend yield works out to roughly 1.60%. The payout ratio is around 56% of earnings. The dividend has grown at 6.3% per year over the past 19 years. The consensus 12-month price target for TMX Group is 62.22 CAD, about 18.4% above where the stock trades today. Of 14 analysts, 11 rate the stock a buy — an overall Buy consensus.
TMX Group stock price
TMX Group business model & stock analysis
Frequently asked questions about TMX Group
The business model of TMX Group Ltd is centered around operating global markets and providing innovative trading solutions for various asset classes. TMX Group operates multiple exchanges, such as the Toronto Stock Exchange (TSX) and the TSX Venture Exchange, facilitating the listing and trading of equities, fixed income, derivatives, and commodities. The company also offers data and analytics services, clearing and settlement services, and technology solutions to support efficient and secure trading. TMX Group's business model focuses on promoting market integrity, liquidity, and transparency, while connecting market participants to drive growth and investment opportunities.
TMX Group Ltd is primarily active in the financial services industry.
Some of the main competitors of TMX Group Ltd in the market include Nasdaq, Intercontinental Exchange (ICE), Chicago Mercantile Exchange (CME), and London Stock Exchange Group (LSEG).
TMX Group Ltd, a leading financial services provider, has a rich history and a strong background. Founded in 2008, TMX Group is based in Canada and operates global exchanges for equities, fixed income, and energy markets. As a diversified company, it also offers clearing and data services. With a vision to drive growth and innovation in the capital markets, TMX Group has established itself as a trusted partner for investors and businesses worldwide. It is renowned for its commitment to integrity, transparency, and operational excellence. TMX Group continues to play a vital role in shaping the future of the financial industry, delivering efficient and secure marketplaces for trading various asset classes.
TMX Group Ltd, a leading Canadian financial services company, has achieved several significant milestones throughout its history. Notably, the company successfully merged with the Montreal Exchange in 2008, creating a pivotal platform for trading derivatives in Canada. In 2012, TMX Group launched the groundbreaking Alpha Exchange, providing a unique marketplace for trading and accessing Canadian and U.S. securities. TMX Group also formed strategic partnerships, such as the joint venture with the Shanghai Stock Exchange in 2012, facilitating cross-border investment opportunities between China and Canada. These milestones solidify TMX Group Ltd's position as a key player in the global financial industry, offering innovative solutions for market participants and investors.
TMX Group Ltd is primarily present in Canada. As a leading integrated exchange group, TMX operates multiple marketplaces for listing and trading securities. Its subsidiaries include the Toronto Stock Exchange (TSX), the TSX Venture Exchange, and the Canadian Depository for Securities. TMX Group also offers a wide range of services, including clearing, settlement, data, and analytics. With its headquarters in Toronto, TMX Group has a strong presence in the Canadian financial market, serving companies, investors, and trading participants across the country.
TMX Group Ltd represents a strong set of values and a distinctive corporate philosophy. With a commitment to integrity, excellence, and innovation, TMX Group Ltd aims to provide trusted and efficient marketplaces for capital formation and trading activities. The company is focused on facilitating the growth and development of businesses while fostering fair and transparent markets. TMX Group Ltd is dedicated to working collaboratively with stakeholders to deliver cutting-edge solutions and support the success of its clients. Their corporate philosophy emphasizes accountability, diversity, and a customer-centric approach, making TMX Group Ltd a trusted and leading player in the global financial industry.
Analysts currently set an average price target of 63.88 CAD for the TMX Group stock (median: 62.22 CAD), implying +21.5 % versus the latest price. The consensus is based on 14 analyst ratings.
14 analysts currently rate the TMX Group stock: 11 recommend buying, 3 holding and 0 selling. For 2026, analysts expect TMX Group to generate revenue of 1.96 B CAD and earnings per share of 2.46 CAD.
Converted at the current exchange rate, the TMX Group share trades at 32.95 EUR (52.56 CAD).
The TMX Group share (X.TO) is listed on 3 stock exchanges, including: Toronto (X.TO), Frankfurt (9TX.F).
TMX Group Ltd. is a Canadian operator of stock exchanges and financial services. The company was founded in 2008 and is headquartered in Toronto, Canada. TMX Group offers a wide range of products and services to promote and facilitate trading and capital raising. One of TMX Group's key divisions is the Toronto Stock Exchange (TSX), the largest and most well-known stock exchange in Canada. TSX offers trading of stocks, bonds, investment funds, exchange-traded funds (ETFs), as well as commodities such as gold and silver. Additionally, TSX also provides a variety of market indices reflecting the value of the Canadian market. Another important division of TMX Group is the Montreal Exchange (MX), specialized in trading derivatives such as futures and options. MX is the largest derivatives exchange in Canada and also offers innovative financial products such as index options and exchange-traded notes (ETNs). TMX Group also provides trading platforms for trading private companies, including the TSX Venture Exchange (TSXV). TSXV is an exchange for smaller companies and start-ups seeking capital for their business. TSXV offers a variety of instruments such as stocks, warrants, and options rights to facilitate trading with young companies. TMX Group also offers over-the-counter trading for buying and selling securities, including stocks and bonds. Additionally, the company provides a wide range of data products for exchanges, trading, and market data to help companies make decisions and manage their risks more effectively. To continue growing, TMX Group has also invested in new technologies to facilitate trading and capital raising. The company has launched a blockchain project called "Shorcan DCN" to facilitate trading of Canadian treasury bills and provide its users with faster and more efficient settlement of transactions. Overall, TMX Group's business model is focused on facilitating capital raising and trading, and assisting companies in achieving growth and expansion. The company has a wide range of products and services serving a variety of clients, from large institutions to small businesses and start-ups. By investing in new technologies and innovative products, TMX Group remains competitive in an ever-changing economic environment and solidifies its position as a leading provider of stock exchanges and financial services in Canada and beyond.
The expected revenue of TMX Group is 1.96 B CAD. This figure is based on current financial data and reflects the company's business performance.
The expected profit of TMX Group is 684.48 M CAD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of TMX Group is currently 21.36. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the TMX Group stock.
The price-to-sales ratio (P/S) of TMX Group is currently 7.48. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the TMX Group stock.
The Eulerpool Quality Score for TMX Group is 8/10.
The ISIN of TMX Group is CA87262K1057. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of TMX Group is A1J4GR. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of TMX Group is X.TO. The ticker symbol is used to trade TMX Group shares on the stock exchange.
TMX Group stock
All fundamentals and in-depth analysis of TMX Group
Our stock analysis for TMX Group stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of TMX Group. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.