T. Rowe Price Group, Inc. (TROW)

NASDAQ: TROW · Real-Time Price · USD
117.52
-0.43 (-0.36%)
At close: Nov 20, 2024, 4:00 PM
117.51
-0.01 (-0.01%)
After-hours: Nov 20, 2024, 6:58 PM EST
-0.36%
Market Cap 26.11B
Revenue (ttm) 6.91B
Net Income (ttm) 2.04B
Shares Out 222.16M
EPS (ttm) 9.13
PE Ratio 12.87
Forward PE 12.51
Dividend $4.96 (4.22%)
Ex-Dividend Date Sep 13, 2024
Volume 1,015,824
Open 117.74
Previous Close 117.95
Day's Range 116.09 - 117.85
52-Week Range 96.48 - 122.27
Beta 1.42
Analysts Sell
Price Target 114.92 (-2.21%)
Earnings Date Nov 1, 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]

Sector Financials
Founded 1937
Employees 7,906
Stock Exchange NASDAQ
Ticker Symbol TROW
Full Company Profile

Financial Performance

In 2023, T. Rowe Price Group's revenue was $6.46 billion, a decrease of -0.43% compared to the previous year's $6.49 billion. Earnings were $1.74 billion, an increase of 14.62%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for TROW stock is "Sell." The 12-month stock price forecast is $114.92, which is a decrease of -2.21% from the latest price.

Price Target
$114.92
(-2.21% downside)
Analyst Consensus: Sell
Stock Forecasts

News

T. ROWE PRICE EXPERTS SHARE 2025 OUTLOOK FOR GLOBAL FINANCIAL MARKETS

Though inflation remains sticky, market conditions appear favorable for a growing U.S. economy and constructive for stock selection BALTIMORE , Nov. 19, 2024 /PRNewswire/ -- T. Rowe Price held its 42n...

1 day ago - PRNewsWire

Josh's breakout stocks: Old Dominion, T. Rowe Price and Amazon

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67 Aristocrats November Dividend Cornucopia Has 39 'Safer' And 2 Ideal Dogs

November's top-yielding Aristocrats include Franklin Resources, Amcor, Hormel, and Kenvue, meeting the dogcatcher ideal of dividends from $1K invested exceeding single share prices. Analysts forecast ...

11 days ago - Seeking Alpha

T. Rowe Price: Net Outflows Are Becoming A Problem

T. Rowe Price's performance has been disappointing, with a -4.20% return over 5 years despite a strong bull market. Despite solid financials and a long history of dividend growth, the current dividend...

16 days ago - Seeking Alpha

T. Rowe Price Group, Inc. (TROW) Q3 2024 Earnings Call Transcript

T. Rowe Price Group, Inc. (NASDAQ:TROW) Q3 2024 Earnings Conference Call November 1, 2024 8:00 AM ET Company Participants Linsley Carruth - Director of IR Rob Sharps - CEO and President Jen Dardis - ...

19 days ago - Seeking Alpha

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20 days ago - Seeking Alpha

T. Rowe Price: Safety And Growth, Moderating Outflows In Q3

T. Rowe Price Group, Inc. has a long history of innovation and success, with a strong brand and business model providing 38 consecutive years of dividend growth. A pristine balance sheet, large net ca...

21 days ago - Seeking Alpha

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7 weeks ago - GlobeNewsWire

T. Rowe Price: Be Patient Before Buying It

T. Rowe Price is a global asset manager with a strong franchise in retirement and target date funds, currently trading at a low valuation. Despite recent poor performance and net outflows, fund perfor...

7 weeks ago - Seeking Alpha

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7 weeks ago - Seeking Alpha

T. Rowe Price: Upgrading To Strong Buy Amid Rising AUM

T. Rowe Price Group Inc. has delivered a 14% return since my Buy recommendation, but has trailed the S&P 500's 32% return. AUM has risen due to strong equity market performance and improving long-term...

2 months ago - Seeking Alpha

Buy 4 September Dividend Aristocrats And Watch 6

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3 Reasons T. Rowe Price Is An Ideal Long-Term Holding

T. Rowe Price is a Dividend Aristocrat, consistently increasing its dividend annually for over 25 years, offering a yield of 4.76%. The firm boasts a robust profit margin of around 28%, significantly ...

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2 months ago - GlobeNewsWire

My Best Dividend Aristocrats For September 2024

The ProShares S&P 500 Dividend Aristocrats ETF kicks off the second half of 2024 with a bang, posting a gain of 5.15% in July. I present 3 strategies that can theoretically beat the dividend aristocra...

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3 months ago - Seeking Alpha

T. ROWE PRICE ANNOUNCES ADDITION OF TAYLOR PIDGEON TO EXPAND CANADIAN RETIREMENT DISTRIBUTION BUSINESS

Pidgeon to serve as Vice President, Defined Contribution, focused on sales, client service, and consultant relations BALTIMORE , Aug. 21, 2024 /PRNewswire/ -- T. Rowe Price (Canada), Inc., announced t...

3 months ago - PRNewsWire

My Best Dividend Aristocrats For August 2024

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Europe's Markets Are Cheap. 4 Stocks to Play.

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