Thomson Reuters Corporation (TRI)

NYSE: TRI · Real-Time Price · USD
162.20
-0.58 (-0.36%)
Dec 20, 2024, 4:00 PM EST - Market closed
-0.36%
Market Cap 72.99B
Revenue (ttm) 7.16B
Net Income (ttm) 2.30B
Shares Out 449.91M
EPS (ttm) 5.07
PE Ratio 31.79
Forward PE 41.91
Dividend $2.16 (1.33%)
Ex-Dividend Date Nov 21, 2024
Volume 142,223
Open 162.20
Previous Close 162.78
Day's Range 161.81 - 164.11
52-Week Range 142.72 - 176.03
Beta 0.39
Analysts Buy
Price Target 178.38 (+9.98%)
Earnings Date Feb 6, 2025

About TRI

Thomson Reuters Corporation engages in the provision of business information services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. The Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics to law firms and governments. The Corporates segment provides a suite of content-driv... [Read more]

Sector Industrials
Founded 1851
Employees 25,200
Stock Exchange NYSE
Ticker Symbol TRI
Full Company Profile

Financial Performance

In 2023, Thomson Reuters's revenue was $6.79 billion, an increase of 2.52% compared to the previous year's $6.63 billion. Earnings were $2.69 billion, an increase of 101.50%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for TRI stock is "Buy." The 12-month stock price forecast is $178.38, which is an increase of 9.98% from the latest price.

Price Target
$178.38
(9.98% upside)
Analyst Consensus: Buy
Stock Forecasts

News

DEADLINE EXTENDED: Current and Former California Residents Now Have Until December 27, 2024 to File Claim for Money Payments in $27.5 Million Settlement Against Thomson Reuters

OAKLAND, Calif.--(BUSINESS WIRE)--Californians and former California residents now have until Friday, December 27 to file claims for an estimated $19 to $48 in a class action settlement. This groundbr...

10 days ago - Business Wire

Thomson Reuters named a Leader in 2024 IDC MarketScape for Worldwide SaaS and Cloud-enabled Sales and Use Tax Automation Software for Enterprise

TORONTO , Dec. 6, 2024 /PRNewswire/ -- Thomson Reuters (NYSE/TSX: TRI), a global content and technology company, today announced that it has been positioned as a Leader in two IDC MarketScape reports ...

14 days ago - PRNewsWire

Thomson Reuters CoCounsel Tests Custom LLM from OpenAI, Broadening its Multi-Model Product Strategy

Global pioneer in professional-grade GenAI first to employ custom model built on OpenAI o1-mini. Custom model just the latest to be tested on the CoCounsel platform as part of company's multi-model ap...

25 days ago - PRNewsWire

Thomson Reuters' CoCounsel redefines legal AI with OpenAI's o1-mini model

Thomson Reuters integrates OpenAI's o1-mini model into CoCounsel legal assistant, pioneering a multi-AI approach with Google and Anthropic models for enhanced legal workflows.

25 days ago - VentureBeat

December 6, 2024 Deadline for Californians to File Claim for Money Payments: Gibbs Law Group and Cohen Milstein Achieve $27.5 Million Settlement Against Thomson Reuters

OAKLAND, Calif.--(BUSINESS WIRE)--Californians and former California residents now have less than one month to file claims for an estimated $19 to $48 in a class action settlement—the deadline is Dece...

5 weeks ago - Business Wire

Thomson Reuters to Present at JP Morgan Ultimate Services Investor Conference

TORONTO , Nov. 7, 2024 /PRNewswire/ -- Steve Hasker, president and chief executive officer and Mike Eastwood, chief financial officer of Thomson Reuters (TSX/NYSE: TRI) will both present at the JP Mor...

6 weeks ago - PRNewsWire

Thomson Reuters: High Single Digits Organic Growth Remains In Sight

I recommend a buy rating for Thomson Reuters stock due to its strong organic growth, driven by GenAI investments and price increases. TRI reported 8.2% y/y revenue growth in 3Q24, with 7.2% organic gr...

6 weeks ago - Seeking Alpha

Thomson Reuters: A Buy As Earnings And Outlook Exceed Expectations

Thomson Reuters achieved a +4% bottom line beat for Q3 2024, as its major business segments performed well. TRI's outlook is favorable, as the company revised its 2024 organic revenue growth guidance ...

6 weeks ago - Seeking Alpha

Thomson Reuters Corporation (TRI) Q3 2024 Earnings Call Transcript

Thomson Reuters Corporation (NYSE:TRI) Q3 2024 Earnings Conference Call November 5, 2024 8:30 AM ET Company Participants Gary Bisbee - Head of Investor Relations Steve Hasker - Chief Executive Office...

6 weeks ago - Seeking Alpha

Thomson Reuters Reports Third-Quarter 2024 Results

TORONTO , Nov. 5, 2024 /PRNewswire/ -- Thomson Reuters (TSX/NYSE: TRI) today reported results for the third quarter ended September 30, 2024: Good revenue momentum continued in the third quarter Total...

6 weeks ago - PRNewsWire

Spellbook Integrates Content From Thomson Reuters Practical Law to Enhance Contract Drafting

TORONTO--(BUSINESS WIRE)--Spellbook, the AI copilot for lawyers, announced today its integration of content from Thomson Reuters Practical Law, letting customers leverage the capabilities of both plat...

7 weeks ago - Business Wire

Closing the Justice Gap: Thomson Reuters Launches Programs to Empower Legal Aid and Support the Judiciary

AI for Justice Legal Aid - Thomson Reuters announces first Legal Innovators Incubator class and subsidized CoCounsel pricing for legal aid organizations (LSOs). AI Policy Consortium - New initiatives ...

2 months ago - PRNewsWire

Thomson Reuters Acquires Materia - a specialist in agentic AI for the tax, audit and accounting profession

TORONTO , Oct. 22, 2024 /PRNewswire/ -- Thomson Reuters Corporation ("Thomson Reuters") (TSX/NYSE: TRI), a global content and technology company, today announced it has acquired Materia, a US-based st...

2 months ago - PRNewsWire

Thomson Reuters to sell FindLaw business to Internet Brands

Thomson Reuters , said on Thursday that it was selling its FindLaw business to Internet Brands.

2 months ago - Reuters

Thomson Reuters enters into definitive agreement to sell FindLaw business to Internet Brands pending regulatory approvals

TORONTO , Oct. 3, 2024 /PRNewswire/ -- Thomson Reuters (TSX/NYSE: TRI), a global content and technology company, today announced it has entered into a definitive agreement to sell its FindLaw business...

2 months ago - PRNewsWire

Reuters introduces digital subscriptions for $1 a week

Reuters News announced on Tuesday that it would roll out digital subscriptions starting this month, joining a crowded market of news organizations that charge for online content.

2 months ago - Reuters

Thomson Reuters Third-Quarter 2024 Earnings Announcement and Webcast Scheduled for November 5, 2024

Conference call and webcast scheduled for 8:30 a.m. EST TORONTO, ON , Oct. 1, 2024 /PRNewswire/ -- Thomson Reuters (TSX/NYSE: TRI) announced today its third-quarter 2024 earnings will be issued via ne...

2 months ago - PRNewsWire

Pagero named a Leader in the 2024 IDC MarketScape: European Compliant e-Invoicing

GOTHENBURG, Sweden , Sept. 25, 2024 /PRNewswire/ -- Pagero, a provider of e-invoicing and continuous transaction controls compliance solutions for the global market and part of Thomson Reuters, has be...

3 months ago - PRNewsWire

Thomson Reuters Unveils CoCounsel 2.0; Supercharged GenAI Assistant Combines the Power of Google Cloud AI, OpenAI, and Thomson Reuters

Next-gen CoCounsel AI assistant marks significant milestone in company's vision for a single GenAI assistant enabling professionals across industries to accelerate and streamline entire workflows. CoC...

4 months ago - PRNewsWire

Thomson Reuters: Organic Growth Outlook Remains Positive

Strong organic growth trend continues for Thomson Reuters. The big 3 segments continue to be the main driver of organic growth. Investment in GenAI products and new innovative products should continue...

4 months ago - Seeking Alpha

Thomson Reuters Corporation (TRI) Q2 2024 Earnings Call Transcript

Thomson Reuters Corporation (NYSE:TRI) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Gary Bisbee – Head of Investor Relations Steve Hasker – Chief Executive Officer ...

5 months ago - Seeking Alpha

Thomson Reuters raises sales forecast as earnings top estimates

Thomson Reuters reported second-quarter earnings that topped Wall Street expectations on Thursday as revenue rose 6% and it continued to aggressively deploy artificial intelligence technology for its ...

5 months ago - Reuters

Thomson Reuters Reports Second-Quarter 2024 Results

TORONTO , Aug. 1, 2024 /PRNewswire/ -- Thomson Reuters (TSX/NYSE: TRI) today reported results for the second quarter ended June 30, 2024: Good revenue momentum continued in the second quarter Total co...

5 months ago - PRNewsWire

QuickFee Launches Thomson Reuters Practice CS Integration with QuickFee Connect

PLANO, Texas , July 31, 2024 /PRNewswire/ -- QuickFee (ASX: QFE), a market-leading payments, financing, and accounts receivable automation provider for professional service firms, including 40% of the...

5 months ago - PRNewsWire

AI set to save professionals 12 hours per week by 2029

The Thomson Reuters Future of Professionals report shows knowledge workers are optimistic about significant boosts to productivity, with AI poised to redefine workflows, drive innovation, and unlock n...

5 months ago - PRNewsWire