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T. Rowe Price Group, Inc. (TROW)

Stock Price: $140.19 USD 2.03 (1.47%)
Updated Aug 7, 2020 11:11 AM EDT - Market open

Stock Price Chart

Key Info

Market Cap 31.82B
Revenue (ttm) 5.77B
Net Income (ttm) 2.04B
Shares Out 227.55M
EPS (ttm) 8.43
PE Ratio 16.63
Forward PE 17.04
Dividend $3.60
Dividend Yield 2.57%

Stock Quote

Trading Day Aug 7, 2020
Last Price $140.19
Previous Close $138.16
Change ($) 2.03
Change (%) 1.47%
Day's Open 138.54
Day's Range 137.88 - 140.25
Day's Volume 208,093
52-Week Range 82.51 - 140.25

More Stats

Market Cap 31.82B
Enterprise Value 29.93B
Earnings Date (est) Oct 22, 2020
Ex-Dividend Date Jun 12, 2020
Shares Outstanding 227.55M
Float 219.68M
EPS (basic) 8.54
EPS (diluted) 8.43
FCF / Share 8.79
Dividend $3.60
Dividend Yield 2.57%
Earnings Yield 6.01%
FCF Yield 6.28%
Payout Ratio 38.90%
Shares Short 4.42M
Short Ratio 4.04
Short % of Float 2.25%
Beta 1.18
PE Ratio 16.63
Forward PE 17.04
P/FCF Ratio 15.92
PS Ratio 5.51
PB Ratio 4.67
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

$144.64*
(3.17% upside)
Low
125
Current: $140.19
High
160
Target: 144.64
*Average 12-month price target from 14 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, 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 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.