T. Rowe Price Group, Inc. (TROW)
| Market Cap | 25.63B |
| Revenue (ttm) | 6.67B |
| Net Income (ttm) | 1.94B |
| Shares Out | 223.30M |
| EPS (ttm) | 8.42 |
| PE Ratio | 13.63 |
| Forward PE | 12.75 |
| Dividend | $4.96 (4.32%) |
| Ex-Dividend Date | Jun 14, 2024 |
| Volume | 820,644 |
| Open | 116.76 |
| Previous Close | 116.66 |
| Day's Range | 114.60 - 116.84 |
| 52-Week Range | 87.43 - 132.76 |
| Beta | 1.43 |
| Analysts | Sell |
| Price Target | 109.42 (-4.68%) |
| Earnings Date | Jul 26, 2024 |
About TROW
T. Rowe Price Group, Inc. is a publicly owned investment manager. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. It launches and manages equity and fixed income mutual funds. The firm invests in the public equity and fixed income markets across the globe. It employs fundamental and quantitative analysis with a bottom-up approach. The firm utilizes in-house and external research to make its investments. It employs socially responsible investing with a focus on... [Read more]
Financial Performance
In 2023, TROW's revenue was $6.46 billion, a decrease of -0.43% compared to the previous year's $6.49 billion. Earnings were $1.79 billion, an increase of 14.81%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for TROW stock is "Sell." The 12-month stock price forecast is $109.42, which is a decrease of -4.68% from the latest price.
News
OHA and OneIM Launch a Partnership to Invest in European Private Credit
New York, New York, July 16, 2024 (GLOBE NEWSWIRE) -- Oak Hill Advisors (“OHA”), a leading global credit-focused alternative asset manager, and One Investment Management (“OneIM”), a global alternativ...
T. ROWE PRICE LAUNCHES ITS FIRST ACTIVE TAX-FREE BOND EXCHANGE-TRADED FUND
Intermediate Municipal Income ETF began trading on NASDAQ today BALTIMORE , July 10, 2024 /PRNewswire/ -- T. Rowe Price (NASDAQ-GS: TROW), a global investment management firm, announced today the addi...
OHA is Administrative Agent & Lead Left Arranger for Private Refinancing of MedVet
New York, New York, June 25, 2024 (GLOBE NEWSWIRE) -- Oak Hill Advisors (“OHA”) served as Administrative Agent and Lead Left Arranger for a private unitranche facility to support a recapitalization of...
MedVet Receives Financing to Support Continued Growth in Specialty Healthcare for Pets
MedVet, the largest independent network of veterinarian owned and led hospitals, receives financing supporting growth in specialty healthcare for pets.
MIDYEAR 2024 INVESTMENT OUTLOOK: EQUITY AND FIXED INCOME MARKETS ADJUSTING TO ACCOMMODATE CENTRAL BANK POLICY EXPECTATIONS
Active Investing Appears Primed to Favor Shifting Market Conditions and Identify Pockets of Opportunity for Investors BALTIMORE , June 20, 2024 /PRNewswire/ -- T. Rowe Price, a global investment manag...
T. ROWE PRICE LAUNCHES INNOVATIVE FRAMEWORK TO AID EVALUATION OF RETIREMENT INCOME SOLUTIONS
Five-dimensional framework offers retirement plan sponsors the ability to identify 'best-fit' retirement income solutions for their defined contribution (DC) plan participants BALTIMORE , June 18, 202...
OHA is Administrative Agent & Lead Left Arranger for Private Refinancing of National Carwash Solutions
New York, New York, June 11, 2024 (GLOBE NEWSWIRE) -- Oak Hill Advisors (“OHA”) served as Administrative Agent and Lead Left Arranger for a unitranche facility supporting National Carwash Solutions (“...
24 Dividend Aristocrats in the stock market with the fastest-growing payouts
At a time when investors expect interest rates to remain high as the Federal Reserve seeks to keep the lid on inflation, dividend stocks may not be dominating the attention of income-seeking investors...
T. ROWE PRICE GROUP REPORTS FIRST QUARTER 2024 RESULTS
BALTIMORE , April 26, 2024 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported its financial results for the first quarter of 2024.
OHA is Administrative Agent & Lead Left Arranger for Acentra Health's Private Refinancing
New York, New York, April 15, 2024 (GLOBE NEWSWIRE) -- Oak Hill Advisors (“OHA”) served as Administrative Agent and Lead Left Arranger for a unitranche facility supporting the refinancing of Acentra H...
T. ROWE PRICE: 401(K) ACCOUNT BALANCES SOARED IN 2023, ESPECIALLY AMONG YOUNGER RETIREMENT SAVERS
2023 report features the latest trends in 401(k) plan design and participant behavior BALTIMORE , April 8, 2024 /PRNewswire/ -- T. Rowe Price, a global investment management firm and a leader in retir...
OHA is a Joint Lead Arranger of the Private Unitranche Financing for HGGC's Acquisition of Rimkus Consulting Group
New York, New York, April 02, 2024 (GLOBE NEWSWIRE) -- Oak Hill Advisors (“OHA”) served as a Joint Lead Arranger for the private financing supporting the acquisition of Rimkus Consulting Group (“Rimku...
OHA is the Left Lead Arranger of STV's Private Unitranche Financing
New York, New York, March 21, 2024 (GLOBE NEWSWIRE) -- Oak Hill Advisors (“OHA”) served as the Left Lead Arranger for the private financing of STV Group, Inc. (“STV”), which is partnered with The Prit...
T. ROWE PRICE CHAIR WILLIAM J. STROMBERG AND DR.
BALTIMORE , Feb. 20, 2024 /PRNewswire/ -- The Board of Directors of T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), announced today that William J.
OHA is a Joint Lead Arranger of Private Unitranche Financing for Clarience Technologies' Acquisition of Safe Fleet
New York, New York, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Oak Hill Advisors (“OHA”) served as a Joint Lead Arranger to support the acquisition of Safe Fleet by Genstar-backed Clarience Technologies (“Clar...
T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR JANUARY 2024
BALTIMORE, Feb. 12, 2024 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.45 trillion as of January 31, 2024.
T. ROWE PRICE GROUP REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS
BALTIMORE , Feb. 8, 2024 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported its financial results for the fourth quarter and full year 2023.
T. ROWE PRICE APPOINTS COMPANY VETERANS TO LEAD U.S. INTERMEDIARIES AND RETIREMENT PLAN SERVICES BUSINESS UNITS
Kevin Collins and Francisco Negr ó n tapped to lead execution of each unit's strategic growth initiatives BALTIMORE , Feb. 7, 2024 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ – GS: TROW), announ...
T. ROWE PRICE GROUP DECLARES QUARTERLY DIVIDEND
38th Consecutive Annual Dividend Increase BALTIMORE , Jan. 30, 2024 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), announced today that its Board of Directors has declared a quarterly di...
OHA is the Lead Left Arranger of Greenway Health's Private Unitranche Financing
New York, New York, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Oak Hill Advisors (“OHA”) served as the Lead Left Arranger of a private unitranche financing for Greenway Health, a provider of electronic health ...
T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR DECEMBER 2023
BALTIMORE , Jan. 11, 2024 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.45 trillion as of December 31, 2023.
T. ROWE PRICE ESTABLISHES NEW TEAM TO AMPLIFY FOCUS ON RETIREMENT
Firm reinforces commitment to supporting the needs of retirement clients BALTIMORE , Jan. 9, 2024 /PRNewswire/ -- T. Rowe Price, a global investment management firm and a leader in retirement, has an...
T. ROWE PRICE CAPITAL APPRECIATION FUND TIES RECORD FOR LONG-TERM PERFORMANCE
David Giroux's fund has beaten its Morningstar peer group average for 16 consecutive years BALTIMORE , Jan. 8, 2024 /PRNewswire/ -- T. Rowe Price (NASDAQ-GS: TROW), a global investment management firm...
T. Rowe Price (TROW) stock: staying on the sidelines in 2024
T. Rowe Price (NASDAQ: TROW) stock price continued to underperform in 2023 as concerns about its business continued. The shares were barely moved even as the S&P 500 index jumped by more than 25% and ...