T. Rowe Price Group, Inc. (TROW)

NASDAQ: TROW · IEX Real-Time Price · USD
108.73
+0.01 (0.01%)
At close: Apr 19, 2024, 4:00 PM
109.66
+0.93 (0.86%)
After-hours: Apr 19, 2024, 6:39 PM EDT
0.01%
Market Cap 24.32B
Revenue (ttm) 6.46B
Net Income (ttm) 1.79B
Shares Out 223.64M
EPS (ttm) 7.76
PE Ratio 14.01
Forward PE 13.21
Dividend $4.96 (4.56%)
Ex-Dividend Date Mar 14, 2024
Volume 1,703,439
Open 108.93
Previous Close 108.72
Day's Range 108.21 - 109.95
52-Week Range 87.43 - 132.76
Beta 1.40
Analysts Sell
Price Target 107.23 (-1.38%)
Earnings Date Apr 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]

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

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 Statements

Analyst Forecast

According to 13 analysts, the average rating for TROW stock is "Sell." The 12-month stock price forecast is $107.23, which is a decrease of -1.38% from the latest price.

Price Target
$107.23
(-1.38% downside)
Analyst Consensus: Sell
Stock Forecasts

News

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...

4 days ago - GlobeNewsWire

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...

11 days ago - PRNewsWire

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...

17 days ago - GlobeNewsWire

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...

4 weeks ago - GlobeNewsWire

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.

2 months ago - PRNewsWire

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...

2 months ago - GlobeNewsWire

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.

2 months ago - PRNewsWire

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.

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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 ...

3 months ago - GlobeNewsWire

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.

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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 ...

4 months ago - Invezz

ADVANCING FINANCIAL ADVISOR ACCESS TO OHA'S PRIVATE LENDING CAPABILITIES: T. ROWE PRICE OHA SELECT PRIVATE CREDIT FUND NOW AVAILABLE ON ICAPITAL MARKETPLACE

BALTIMORE , Dec. 20, 2023 /PRNewswire/ -- T. Rowe Price and Oak Hill Advisors ("OHA") are pleased to announce the launch of the T.

4 months ago - PRNewsWire

T. ROWE PRICE ANNOUNCES ADDITION OF VICE PRESIDENT TO INSTITUTIONAL BUSINESS IN CANADA

Jean-Sebastien Garant responsible for sales, service, and consultant relations BALTIMORE , Dec. 18, 2023 /PRNewswire/ -- T. Rowe Price (Canada), Inc., announced that it has hired Jean-Sebastien Garant...

4 months ago - PRNewsWire

T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR NOVEMBER 2023

BALTIMORE , Dec. 12, 2023 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.39 trillion as of November 30, 2023.

4 months ago - PRNewsWire

T. ROWE PRICE LAUNCHES CAPITAL APPRECIATION AND INCOME FUND

New mutual fund adds to the T. Rowe Price Capital Appreciation suite and is led by award-winning portfolio manager David Giroux and Farris Shuggi BALTIMORE , Nov. 29, 2023 /PRNewswire/ -- T.

5 months ago - PRNewsWire

T. ROWE PRICE LAUNCHES THIRD SEASON OF THE AWARD-WINNING PODCAST, 'CONFIDENT CONVERSATIONS® ON RETIREMENT'

Third season will continue to focus on providing listeners with tangible strategies to help reach their best retirement outcomes BALTIMORE , Nov. 28, 2023 /PRNewswire/ -- T. Rowe Price, a global inves...

5 months ago - PRNewsWire

T. ROWE PRICE GROUP NAMES ERIC VEIEL HEAD OF GLOBAL INVESTMENTS EFFECTIVE JANUARY 1, 2024

BALTIMORE , Nov. 27, 2023 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), announced today that Eric Veiel, a chief investment officer and head of Global Equity, has been named head of Glo...

5 months ago - PRNewsWire

IFC, T. Rowe Price to Create First Blue Bond Strategy to Support the Sustainable Blue Economy across Emerging Markets

WASHINGTON , Nov. 20, 2023 /PRNewswire/ -- IFC, a member of the World Bank Group, and T. Rowe Price today announced plans to create a pioneering global blue bond strategy to increase access to finance...

5 months ago - PRNewsWire

Why is this mutual fund giant cautious about markets in 2024? T. Rowe Price shares its outlook.

Every year around this time, the giant Baltimore-based investment shop T. Rowe Price Group TROW sends investment managers and strategists to New York City to offer a year-ahead outlook on stocks, bond...

Other symbols: CRBGSTLD
5 months ago - Market Watch

T. ROWE PRICE EXPERTS SHARE 2024 U.S. RETIREMENT MARKET OUTLOOK

Experts discuss the growing demand for innovative retirement income solutions, how personalized experiences can help improve retirement outcomes, the role of public policy, and a sharpened focus on di...

5 months ago - PRNewsWire

T. ROWE PRICE EXPERTS SHARE 2024 OUTLOOK FOR GLOBAL FINANCIAL MARKETS

New regime of "higher for longer" inflation, elevated interest rates, and slower economic growth are setting the context for stock and bond markets BALTIMORE , Nov. 14, 2023 /PRNewswire/ -- T. Rowe Pr...

5 months ago - PRNewsWire