T. Rowe Price Group Inc (TROW)

NASDAQ
Currency in USD
114.21
+0.83(+0.73%)
Closed
After Hours
115.50+1.29(+1.13%)
TROW Scorecard
Full Analysis
Trading at a low P/E ratio relative to near-term earnings growth
Earnings results expected in 11 days
Fair Value
Day's Range
113.01114.75
52 wk Range
100.49125.81
Key Statistics
Edit
Prev. Close
113.38
Open
113.07
Day's Range
113.01-114.75
52 wk Range
100.49-125.81
Volume
1.1M
Average Volume (3m)
1.38M
1-Year Change
2.54%
Book Value / Share
46.04
Fair Value
unlockUnlock
Fair Value Upside
unlockUnlock
TROW Scorecardpro icon
Company’s Health
pro lockUnlock
Fair Value
pro lockUnlock Price
Fair Pricepro lock
Upsidepro lock
Price Target
113.36
Downside
-0.75%
Members' Sentiments
Bearish
Bullish
ProTips
Has maintained dividend payments for 39 consecutive years
Show more

T. Rowe Price Group Inc Company Profile

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; New York, New York; Philadelphia, Pennsylvania; 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, Shanghai, China; Germany, Madrid, Spain, Milan, Italy, Stockholm, Sweden, Melbourne, Australia, Amsterdam, Netherlands and Washington, DC.

T. Rowe Price Group Inc SWOT Analysis


Flow Challenges
T. Rowe Price grapples with fund outflows while maintaining resilient AUM, showcasing operational adaptability in a competitive landscape
Financial Resilience
Despite outflow pressures, TROW surpasses EPS expectations through effective cost management and favorable tax conditions
Analyst Perspectives
Price targets range from $110 to $120, reflecting mixed views on TROW's ability to reverse outflows and achieve positive organic growth
Strategic Outlook
Explore TROW's potential for flow profile improvements and its capacity to leverage strong AUM performance for future growth
Read full SWOT analysis

T. Rowe Price Group Inc Earnings Call Summary for Q3/2024

  • AUM reached $1.63T, up 3.9% from Q2; adjusted EPS rose 18% YoY to $2.57 despite $12.2B net outflows
  • Focus on active ETF growth and retirement solutions; target date franchise saw $3.6B inflows
  • Company expects to halve 2024 outflows vs 2023, excluding a significant sub-advised variable annuity termination
  • Strategic investments planned for 2025, targeting 6-8% expense growth aligned with revenue
  • Over $1.1B returned to shareholders in first 9 months of 2024; $71M in shares repurchased in Q3
Last Updated: 03/11/2024, 12:16
Read Full Transcript

Compare TROW to Peers and Sector

Metrics to compare
TROW
Peers
Sector
Relationship
P/E Ratio
12.4x13.9x8.9x
PEG Ratio
0.410.560.03
Price/Book
2.5x1.5x1.0x
Price / LTM Sales
3.7x2.1x2.8x
Upside (Analyst Target)
0.3%1.1%13.5%
Fair Value Upside
Unlock12.7%3.0%Unlock

Analyst Ratings

0 Buy
10 Hold
5 Sell
Ratings:
15 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 113.36
(-0.75% Downside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 9.15
Dividend Yield
4.34%
Industry Median 2.70%
Annualised payout
4.9600
Paid quarterly
5-Years Growth
+10.64%
Growth Streak

Earnings

Latest Release
Nov 01, 2024
EPS / Forecast
2.57 / 2.32
Revenue / Forecast
1.80B / 1.84B
EPS Revisions
Last 90 days

People Also Watch

91.20
SWKS
-1.43%
150.71
HSY
+0.55%
496.96
LMT
-0.06%
146.82
JNJ
+0.12%
170.30
ABBV
-0.22%

FAQ

What Is the T Rowe (TROW) Premarket Price Today?

The T Rowe (TROW) premarket price is . Premarket price change units: . Premarket percentage change: . Premarket volume: . Current date: 25 Jan 2025. Previous close: 113.38

What Stock Exchange Does T Rowe Trade On?

T Rowe is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for T Rowe?

The stock symbol for T Rowe is "TROW."

What Is the T Rowe (TROW) Afterhours Price Today? (Afterhours variable test: ) Current Date: 25 Jan 2025

After hours price: . After hours price change (units): . Price change percentage:

What Is the T Rowe Market Cap?

As of today, T Rowe market cap is 25.37B.

What is T Rowe Earnings Per Share?

The T Rowe EPS is 9.15.

What Is the Next T Rowe Earnings Date?

T Rowe will release its next earnings report on 04 Feb 2025.

From a Technical Analysis Perspective, Is TROW a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.