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T. Rowe Price Group, Inc. (TROW)

Stock Price: $144.27 USD -2.76 (-1.88%)
Updated Oct 19, 2020 4:00 PM EDT - Market closed
After-hours: $143.60 -0.67 (-0.46%) Oct 19, 5:53 PM

Stock Price Chart

Key Info

Market Cap 32.75B
Revenue (ttm) 5.77B
Net Income (ttm) 2.04B
Shares Out 226.99M
EPS (ttm) 8.43
PE Ratio 17.11
Forward PE 15.70
Dividend $3.60
Dividend Yield 2.50%

Stock Quote

Trading Day Oct 19, 2020
Last Price $144.27
Previous Close $147.03
Change ($) -2.76
Change (%) -1.88%
Day's Open 147.91
Day's Range 143.98 - 148.88
Day's Volume 1,490,690
52-Week Range 82.51 - 148.88

More Stats

Market Cap 32.75B
Enterprise Value 30.86B
Earnings Date (est) Oct 29, 2020
Ex-Dividend Date Sep 14, 2020
Shares Outstanding 226.99M
Float 223.87M
EPS (basic) 8.54
EPS (diluted) 8.43
FCF / Share 8.79
Dividend $3.60
Dividend Yield 2.50%
Earnings Yield 5.84%
FCF Yield 6.10%
Payout Ratio 38.90%
Shares Short 5.45M
Short Ratio 4.66
Short % of Float 2.44%
Beta 1.16
PE Ratio 17.11
Forward PE 15.70
P/FCF Ratio 16.38
PS Ratio 5.67
PB Ratio 4.94
Revenue 5.77B
Operating Income 2.50B
Net Income 2.04B
Free Cash Flow 2.00B
Net Cash 1.89B
Net Cash / Share 8.33
Gross Margin 56.00%
Operating Margin 43.31%
Profit Margin 35.30%
FCF Margin 34.63%
ROA 17.00%
ROE 26.36%
ROIC 38.70%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (17)

Buy 6
Overweight 0
Hold 7
Underweight 1
Sell 3

Analyst Consensus: Overweight

Price Target

$147.00*
(1.89% upside)
Low
120
Current: $144.27
High
170
Target: 147.00
*Average 12-month price target from 15 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue5,6185,3734,8554,2854,2013,9823,4843,0232,7472,367
Revenue Growth4.57%10.66%13.31%2%5.49%14.29%15.28%10.03%16.05%-
Gross Profit5,6185,3734,8554,2854,2013,9823,4843,0232,7472,367
Operating Income2,3872,3612,1091,7331,8991,8911,7001,4351,2511,070
Net Income2,1311,8381,4981,2151,2231,2301,048884773672
Shares Outstanding234241242243251259261255253256
Earnings Per Share8.707.275.974.754.634.553.903.362.922.53
EPS Growth19.67%21.78%25.68%2.59%1.76%16.67%16.07%15.07%15.42%-
Dividend Per Share3.042.802.282.164.081.761.522.361.241.08
Dividend Growth8.57%22.81%5.56%-47.06%131.82%15.79%-35.59%90.32%14.81%-
Operating Cash Flow1,5231,6202301711,5311,3441,233903948733
Capital Expenditures-205-169-186-148-151-126-106-76.90-82.30-118
Free Cash Flow1,3181,45143.4022.201,3791,2181,127826866615
Cash & Equivalents1,7821,4251,9031,2051,1721,5061,398879898813
Total Debt146---------
Net Cash / Debt1,6361,4251,9031,2051,1721,5061,398879898813
Assets9,3307,6897,5356,2255,1075,6445,0334,2033,7703,642
Liabilities1,107825718529345249215357350346
Book Value7,1026,1245,8245,0094,7625,3954,8183,8463,4213,297
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name T. Rowe Price Group, Inc.
Country United States
Employees 7,527
CEO William Joseph Stromberg

Stock Information

Ticker Symbol TROW
Stock Exchange NASDAQ
Sector Financial Services
Industry Asset Management
Unique Identifier NASDAQ: TROW

Description

T. Rowe Price Group 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 environmental, social, and governance issues. It makes investment in late-stage venture capital transactions and usually invests between $3 million and $5 million. The firm was previously known as T. Rowe Group, Inc. and T. Rowe Price Associates, Inc. T. Rowe Price Group, Inc. was founded in 1937 and is based in Baltimore, Maryland, with additional offices in Colorado Springs, Colorado; Owings Mills, Maryland; San Francisco, California; Tampa, Florida; Toronto, Ontario; Hellerup, Denmark; Amsterdam, The Netherlands; Luxembourg, Grand Duchy of Luxembourg; Zurich, Switzerland; Dubai, United Arab Emirates; London, United Kingdom; Sydney, New South Wales; Hong Kong; Tokyo, Japan; Singapore; Frankfurt, Germany, Madrid, Spain, Milan, Italy, Stockholm, Sweden, Melbourne, Australia, and Amsterdam, Netherlands.