T. Rowe Price Group, Inc. (TROW)

NASDAQ: TROW · IEX Real-Time Price · USD
129.51
-0.36 (-0.28%)
At close: Aug 11, 2022 4:00 PM
130.70
+1.19 (0.92%)
Pre-market: Aug 12, 2022 7:10 AM EDT
-0.28%
Market Cap 29.23B
Revenue (ttm) 7.29B
Net Income (ttm) 2.43B
Shares Out 225.69M
EPS (ttm) 10.37
PE Ratio 12.49
Forward PE 14.58
Dividend $4.56 (3.52%)
Ex-Dividend Date Sep 14, 2022
Volume 1,418,470
Open 130.72
Previous Close 129.87
Day's Range 128.98 - 132.71
52-Week Range 104.72 - 224.56
Beta 1.31
Analysts Sell
Price Target 110.95 (-14.3%)
Earnings Date Jul 28, 2022

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...]

Industry Capital Markets
Founded 1937
CEO William Stromberg
Employees 7,771
Stock Exchange NASDAQ
Ticker Symbol TROW
Full Company Profile

Financial Performance

In 2021, TROW's revenue was $7.67 billion, an increase of 23.61% compared to the previous year's $6.21 billion. Earnings were $3.08 billion, an increase of 29.93%.

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for TROW stock is "Sell." The 12-month stock price forecast is 110.95, which is a decrease of -14.33% from the latest price.

Price Target
$110.95
(-14.33% downside)
Analyst Consensus: Sell
Stock Forecasts

News

Want $1,000 in Monthly Dividend Income? This Ultra-High-Yield Stock Duo Can Make It Happen

Equally splitting $286,000 in capital between these two stocks would generate about $3,000 in dividend income each quarter.

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T. Rowe Price's (TROW) July AUM Up 6.1% Sequentially to $1.39T

T. Rowe Price (TROW) witnesses an improvement in July AUM on the back of favorable market performance.

Personal Taxes Vanished From Inflation Reduction Bill

The Inflation Reduction Act, which awaits a House vote, has few if any of the taxes on individuals that Democrats originally called for. The post Personal Taxes Vanished From Inflation Reduction Bill ap...

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T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR JULY 2022

BALTIMORE , Aug. 10, 2022 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.39 trillion as of July 31, 2022.

7 Deep Value Stocks for Income and High Total Returns

Investors have fewer deep value stocks to pick from after the latest rally. Retail investors had enough of the bear market by late June when the S&P 500 bottomed at below 3700.

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Got $5000? 3 Top Financial Stocks to Buy for the Long Term

The financial sector offers plenty of compelling places to put some capital to work.

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Chantico Global CEO Gina Sanchez offers 3 buys and a bail

Gina Sanchez, Chantico Global CEO, joins ‘The Exchange' to discuss her three investment picks for rate sensitivity against a hawkish Fed.

Other symbols: BACMS

T. ROWE PRICE GROUP DECLARES QUARTERLY DIVIDEND

BALTIMORE , Aug. 1, 2022 /PRNewswire/ -- News T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) announced today that its Board of Directors has declared a quarterly dividend of $1.20 per share payable on Sept...

T. ROWE PRICE NAMED TO FORBES' "BEST EMPLOYERS FOR WOMEN 2022" LIST

BALTIMORE , Aug. 1, 2022 /PRNewswire/ -- T. Rowe Price (NASDAQ-GS: TROW) proudly announced that it was named to Forbes' Best Employers for Women 2022.

3 Beaten-Down Dividend Growers for Income Investors

The bear market in 2022 has provided opportunities to buy solid companies at a discount. Fears about a recession and rising interest rates have punished equities.

Other symbols: WBAWHR

Earn $300 in Quarterly Retirement Dividends With 3 Easy Steps

With the market down close to 20% this year, passive income has become more important.

Other symbols: ABBV

2 Asset Management Stocks That Are Passive Income All-Stars

Bear markets are tough on asset managers, but these two Dividend Aristocrats have proven they can navigate market downturns.

Other symbols: BEN

T. Rowe Price (TROW) Q2 Earnings Miss Estimates, AUM Down Y/Y

Decline in net revenues affects T. Rowe Price's (TROW) Q2 earnings.

T. Rowe Price (TROW) Lags Q2 Earnings and Revenue Estimates

T. Rowe (TROW) delivered earnings and revenue surprises of -20.09% and 11.66%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

T. ROWE PRICE GROUP REPORTS SECOND QUARTER 2022 RESULTS

BALTIMORE , July 28, 2022 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported its financial results for the second quarter of 2022.

T Rowe Price Equity Income Fund Enters Meta Position in 2nd Quarter

T Rowe Price Equity Income Fund (Trades, Portfolio), part of Baltimore-based T. Rowe Price Group Inc. ( TROW , Financial), disclosed that its top five trades during the second quarter included a new pos...

Other symbols: ELVMETMETANWSAUNH

What's in Store for T. Rowe Price (TROW) in Q2 Earnings?

T. Rowe Price (TROW) is expected to have witnessed an AUM decline in the second quarter of 2022 due to equity and fixed-income markets' decline.

Cleerly raises nearly $200 million in fundraise led by T. Rowe Price, Fidelity

Cleerly, a New York-based health tech startup, has raised $192 million in a funding round led by investment firms T. Rowe Price and Fidelity Management & Research Company LLC.

Down Big in 2022, Are These 2 Leading Asset Managers Now Buys?

Here's why T. Rowe Price and BlackRock could be nice additions to your portfolio.

Other symbols: BLK

Here's Why I Just Bought T. Rowe Price Stock

This best-in-class investment manager is a great way to invest in a stock market recovery.

T. ROWE PRICE ANNOUNCES ADDITION OF TWO SENIOR EXECUTIVES TO INSTITUTIONAL DEFINED CONTRIBUTION BUSINESS IN U.S.

Meenu Annamalai, Jessica Sclafani to bring expertise and experience to clients BALTIMORE , July 19, 2022 /PRNewswire/ -- T. Rowe Price announced that it has hired Meenu Annamalai and Jessica Sclafani, C...

T. ROWE PRICE FINDS FINANCIAL STRESS IS A PREDICTOR OF FINANCIAL WELLNESS

Adoption of financial wellness programs can reduce stress, lead to better retirement outcomes BALTIMORE , July 19, 2022 /PRNewswire/ -- T. Rowe Price, a global investment management firm and a leader in...

3 S&P 500 Stocks That Pay Generous Dividends

Plug into these top stocks if you just want to collect good income right now.

Other symbols: PMVZ

NOAH vs. TROW: Which Stock Should Value Investors Buy Now?

NOAH vs. TROW: Which Stock Is the Better Value Option?

Other symbols: NOAH

T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR JUNE 2022

BALTIMORE , July 13, 2022 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.31 trillion as of June 30, 2022.