TMX Group Limited (X) To Go Ex-Dividend on May 22nd

TMX Group Limited (TSE:X) declared a quarterly dividend on Friday, May 22nd, TickerTech Dividends reports. Investors of record on Friday, June 5th will be paid a dividend of 0.24 per share on Friday, June 5th. This represents a c) annualized dividend and a yield of 1.8%. The ex-dividend date is Friday, May 22nd.

TMX Group Price Performance

Shares of TSE X opened at C$53.71 on Wednesday. TMX Group has a fifty-two week low of C$44.10 and a fifty-two week high of C$57.98. The stock has a market cap of C$14.83 billion, a price-to-earnings ratio of 28.12, a PEG ratio of 12.65 and a beta of -0.34. 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 firm’s 50-day simple moving average is C$51.52 and its 200 day simple moving average is C$50.56.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Scotia upped their price target on TMX Group from C$70.00 to C$71.00 and gave the stock a “sector outperform” rating in a report on Wednesday, May 6th. BMO Capital Markets upped their price target 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. National Bank Financial upped their price target on TMX Group from C$63.00 to C$64.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 5th. Barclays raised their price target on shares of TMX Group from C$52.00 to C$59.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 8th. Finally, Raymond James Financial raised their price target on shares of TMX Group from C$61.00 to C$61.50 and gave the company a “strong-buy” rating in a research report on Friday, April 17th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, TMX Group currently has an average rating of “Moderate Buy” and an average target price of C$64.50.

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.