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T. Rowe Price Group (TROW) Stock Price, News & Analysis

T. Rowe Price Group logo
$114.33 -0.36 (-0.31%)
As of 01/6/2025 04:00 PM Eastern

About T. Rowe Price Group Stock (NASDAQ:TROW)

Key Stats

Today's Range
$114.17
$116.12
50-Day Range
$109.86
$124.69
52-Week Range
$100.49
$125.81
Volume
1.11 million shs
Average Volume
997,245 shs
Market Capitalization
$25.40 billion
P/E Ratio
12.51
Dividend Yield
4.34%
Price Target
$117.00
Consensus Rating
Reduce

Company Overview

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 Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
87th Percentile Overall Score

TROW MarketRank™: 

T. Rowe Price Group scored higher than 87% of companies evaluated by MarketBeat, and ranked 192nd out of 942 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    T. Rowe Price Group has received a consensus rating of Reduce. The company's average rating score is 1.64, and is based on no buy ratings, 7 hold ratings, and 4 sell ratings.

  • Amount of Analyst Coverage

    T. Rowe Price Group has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about T. Rowe Price Group's stock forecast and price target.
  • Earnings Growth

    Earnings for T. Rowe Price Group are expected to grow by 0.43% in the coming year, from $9.39 to $9.43 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of T. Rowe Price Group is 12.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.99.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of T. Rowe Price Group is 12.51, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 24.99.

  • Price to Earnings Growth Ratio

    T. Rowe Price Group has a PEG Ratio of 1.73. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    T. Rowe Price Group has a P/B Ratio of 2.63. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    5.51% of the float of T. Rowe Price Group has been sold short.
  • Short Interest Ratio / Days to Cover

    T. Rowe Price Group has a short interest ratio ("days to cover") of 9.1.
  • Change versus previous month

    Short interest in T. Rowe Price Group has recently increased by 14.01%, indicating that investor sentiment is decreasing significantly.
  • Dividend Leadership

    T. Rowe Price Group is a leading dividend payer. It pays a dividend yield of 4.37%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    T. Rowe Price Group has been increasing its dividend for 38 years.

  • Dividend Coverage

    The dividend payout ratio of T. Rowe Price Group is 54.27%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, T. Rowe Price Group will have a dividend payout ratio of 52.60% next year. This indicates that T. Rowe Price Group will be able to sustain or increase its dividend.

  • Read more about T. Rowe Price Group's dividend.
  • Percentage of Shares Shorted

    5.51% of the float of T. Rowe Price Group has been sold short.
  • Short Interest Ratio / Days to Cover

    T. Rowe Price Group has a short interest ratio ("days to cover") of 9.1.
  • Change versus previous month

    Short interest in T. Rowe Price Group has recently increased by 14.01%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    T. Rowe Price Group has a news sentiment score of 0.97. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.71 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for T. Rowe Price Group this week, compared to 11 articles on an average week.
  • Search Interest

    Only 8 people have searched for TROW on MarketBeat in the last 30 days. This is a decrease of -71% compared to the previous 30 days.
  • MarketBeat Follows

    16 people have added T. Rowe Price Group to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, T. Rowe Price Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $499,197.00 in company stock.

  • Percentage Held by Insiders

    Only 2.00% of the stock of T. Rowe Price Group is held by insiders.

  • Percentage Held by Institutions

    73.39% of the stock of T. Rowe Price Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about T. Rowe Price Group's insider trading history.
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TROW Stock News Headlines

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TROW Stock Analysis - Frequently Asked Questions

T. Rowe Price Group's stock was trading at $113.09 at the start of the year. Since then, TROW stock has increased by 1.1% and is now trading at $114.33.
View the best growth stocks for 2025 here
.

T. Rowe Price Group, Inc. (NASDAQ:TROW) issued its earnings results on Friday, November, 1st. The asset manager reported $2.57 EPS for the quarter, topping the consensus estimate of $2.36 by $0.21. T. Rowe Price Group's revenue was up 6.9% on a year-over-year basis.
Read the conference call transcript
.

T. Rowe Price Group subsidiaries include these companies: Oak Hill Advisors, Oak Hill Advisors (Australia) Pty Ltd, Oak Hill Advisors (Europe) LLP, Oak Hill Advisors (Hong Kong) Limited, Oak Hill Advisors L.P., Oak Hill Advisors Sarl Luxembourg, Oak Hill Advisors (U.K. Services) Limited, and more.

Top institutional investors of T. Rowe Price Group include Confluence Investment Management LLC (0.44%), CWA Asset Management Group LLC (0.02%), Nordea Investment Management AB (0.01%) and Everence Capital Management Inc.. Insiders that own company stock include Andrew Justin Mackenzi Thomson, Andrew C Mccormick, William J Stromberg, Dorothy C Sawyer, Robert F Maclellan, Robert CT Higginbotham, Freeman A Hrabowski III and Jessica M Hiebler.
View institutional ownership trends
.

Shares of TROW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that T. Rowe Price Group investors own include NVIDIA (NVDA), Meta Platforms (META), Exxon Mobil (XOM), AbbVie (ABBV), Broadcom (AVGO), Advanced Micro Devices (AMD) and Chevron (CVX).

Company Calendar

Last Earnings
11/01/2024
Ex-Dividend for 12/27 Dividend
12/13/2024
Dividend Payable
12/27/2024
Today
1/07/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Sector
Finance
Industry
Security & commodity brokers, dealers, exchanges & services
Sub-Industry
Asset Management & Custody Banks
Current Symbol
NASDAQ:TROW
CUSIP
74144T10
Employees
7,870
Year Founded
1937

Price Target and Rating

Average Stock Price Target
$117.00
High Stock Price Target
$132.00
Low Stock Price Target
$102.00
Potential Upside/Downside
+2.3%
Consensus Rating
Reduce
Rating Score (0-4)
1.64
Research Coverage
11 Analysts

Profitability

Net Income
$1.79 billion
Pretax Margin
41.87%

Debt

Sales & Book Value

Annual Sales
$6.91 billion
Cash Flow
$9.57 per share
Book Value
$43.46 per share

Miscellaneous

Free Float
217,716,000
Market Cap
$25.40 billion
Optionable
Optionable
Beta
1.43

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This page (NASDAQ:TROW) was last updated on 1/7/2025 by MarketBeat.com Staff
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