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T Rowe Price (TROW)
NASDAQ:TROW
T Rowe Price (TROW) Stock Price & Analysis
1,912 Followers
TROW Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$85.49 - $128.35
Previous Close$116.76
Volume1.09M
Average Volume (3M)1.39M
Market Cap
$26.07B
Enterprise Value$25.10B
Total Cash (Recent Filing)$2.07B
Total Debt (Recent Filing)$308.50M
Price to Earnings (P/E)13.9
Beta1.72
Next Earnings
Jul 25, 2024EPS Estimate
$2.19Next Dividend Ex-Date
Jun 14, 2024Dividend Yield4.2%
Share Statistics
EPS (TTM)8.42
Shares Outstanding223,299,903
10 Day Avg. Volume1,203,143
30 Day Avg. Volume1,387,724
Standard Deviation0.09
R-Squared0.72
Alpha-0.00726
Financial Highlights & Ratios
Price to Book (P/B)4.02
Price to Sales (P/S)15.78
Price to Cash Flow (P/CF)-27.70
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.09
Enterprise Value/Gross Profit3.89
Enterprise Value/Ebitda8.45
Forecast
1Y Price Target
$115.56Price Target Upside-1.03% Downside
Rating ConsensusHold
Number of Analyst Covering9
T Rowe Price News
PremiumPress Releases
T. ROWE PRICE GROUP DECLARES QUARTERLY DIVIDEND
PremiumCompany Announcements
T Rowe Price Q1 Financial Performance Review Call
Bulls Say, Bears Say
Bulls Say
EarningsTROW reacted positively following a strong quarterly report highlighted by higher performance fees and solid expense controls.
Financial PerformanceAssets under management for TROW have increased, signaling robust equity market appreciation and improved financial health.
Product PerformanceTROW's target retirement products are exceeding expectations, demonstrating the strength and appeal of the company's product offerings.
Bears Say
Client ActivityMgmt. noted there were outflows in April due to client rebalancing.
Company PerformanceThere has been a leveling off in performance after a major improvement, indicating potential challenges ahead.
Future ExpectationsManagement continues to expect net outflows in 2024.
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Ownership Overview
10.02% Insiders
20.36% Mutual Funds
44.50% Other Institutional Investors
25.12% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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TROW FAQ
What was T Rowe Price’s price range in the past 12 months?
T Rowe Price lowest stock price was $85.48 and its highest was $128.35 in the past 12 months.
What is T Rowe Price’s market cap?
Currently, no data Available
When is T Rowe Price’s upcoming earnings report date?
T Rowe Price’s upcoming earnings report date is Jul 25, 2024 which is in 68 days.
How were T Rowe Price’s earnings last quarter?
T Rowe Price released its earnings results on Apr 26, 2024. The company reported $2.38 earnings per share for the quarter, beating the consensus estimate of $2.043 by $0.337.
Is T Rowe Price overvalued?
According to Wall Street analysts T Rowe Price’s price is currently Overvalued.
Does T Rowe Price pay dividends?
T Rowe Price pays a Quarterly dividend of $1.24 which represents an annual dividend yield of 4.2%. See more information on T Rowe Price dividends here
What is T Rowe Price’s EPS estimate?
T Rowe Price’s EPS estimate is $2.19.
How many shares outstanding does T Rowe Price have?
T Rowe Price has 223,299,900 shares outstanding.
What happened to T Rowe Price’s price movement after its last earnings report?
T Rowe Price reported an EPS of $2.38 in its last earnings report, beating expectations of $2.043. Following the earnings report the stock price went up 4.769%.
Which hedge fund is a major shareholder of T Rowe Price?
Among the largest hedge funds holding T Rowe Price’s share is Provident Trust Co. It holds T Rowe Price’s shares valued at 291M.
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T Rowe Price Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$115.56 (-1.03% Downside)
$115.56 (-1.03% Downside)
Blogger Sentiment
Bullish
TROW Sentiment 81%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 223.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days <0.1%
Last 30 Days ▲ 0.3%
Last 30 Days ▲ 0.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
15.80%
12-Months-Change
Fundamentals
Return on Equity
20.09%
Trailing 12-Months
Asset Growth
5.74%
Trailing 12-Months
Company Description
T Rowe Price
Maryland-based T. Rowe Price Group, Inc. is a global investment management company that provides funds, advisory services, account management, and retirement plans and services. The company offers its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions.
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TROW Company Deck
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TROW Earnings Call
Q1 2024
0:00 / 0:00
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TROW Net revenue Breakdown
88.97% Investment advisory fees
8.53% Administrative, distribution, and servicing fees
2.51% Capital allocation-based income
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TROW Stock 12 Month Forecast
Average Price Target
$115.56
▼(-1.03% Downside)
Technical Analysis
Best Analysts Covering TROW
1 Year
1 Year Success Rate
14/23 ratings generated profit
1 Year Average Return
+13.27%
reiterated a sell rating 3 months ago
Copying Craig Siegenthaler's trades and holding each position for 1 Year would result in 60.87% of your transactions generating a profit, with an average return of +13.27% per trade.
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