TMX Group Limited (TSE:X – Get Free Report) shares reached a new 52-week high during trading on Thursday following a better than expected earnings announcement. The stock traded as high as C$45.92 and last traded at C$44.60, with a volume of 2000 shares trading hands. The stock had previously closed at C$43.90.
The company reported C$0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.40 by C$0.01. TMX Group had a net margin of 13.39% and a return on equity of 10.08%. The firm had revenue of C$353.80 million for the quarter, compared to the consensus estimate of C$356.24 million.
TMX Group Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be given a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 1.75%. The ex-dividend date is Friday, November 15th. TMX Group’s dividend payout ratio (DPR) is presently 50.34%.
Analyst Upgrades and Downgrades
Read Our Latest Research Report on TMX Group
Insider Buying and Selling at TMX Group
In other TMX Group news, Director Elias Anastasopoulos sold 20,850 shares of TMX Group stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of C$42.50, for a total transaction of C$886,125.00. In other news, Senior Officer Jayakumar Rajarathinam sold 38,125 shares of the company’s stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of C$41.44, for a total value of C$1,579,766.56. Also, Director Elias Anastasopoulos sold 20,850 shares of the firm’s stock in a transaction on Thursday, August 29th. The shares were sold at an average price of C$42.50, for a total value of C$886,125.00. 1.15% of the stock is currently owned by company insiders.
TMX Group Price Performance
The business has a 50-day moving average price of C$43.06 and a 200 day moving average price of C$40.10. The stock has a market cap of C$12.08 billion, a PE ratio of 29.61, a PEG ratio of 12.65 and a beta of 0.43. The company has a current ratio of 1.00, a quick ratio of 0.01 and a debt-to-equity ratio of 51.71.
About TMX Group
TMX Group Limited operates exchanges, markets, and clearinghouses primarily for capital markets in Canada, the United States, the United Kingdom, Germany, and internationally. It operates through four segments: Global Solutions, Insights & Analytics; Capital Formation; Derivatives Trading & Clearing; and Equities and Fixed Income Trading & Clearing.
See Also
- Five stocks we like better than TMX Group
- Transportation Stocks Investing
- Energy Vault Soars 100%: CEO Shares Why in MarketBeat Exclusive
- Investing In Automotive Stocks
- Meta’s Q3 Earnings Beat—Is This Dip a Golden Entry Opportunity?
- The How and Why of Investing in Gold Stocks
- Top Nuclear Stocks Thriving on Soaring Energy Demand
Receive News & Ratings for TMX Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TMX Group and related companies with MarketBeat.com's FREE daily email newsletter.