Thomson Reuters Co. (TSE:TRI - Get Free Report) NYSE: TRI announced a quarterly dividend on Thursday, February 6th,RTT News reports. Stockholders of record on Thursday, February 20th will be given a dividend of 0.595 per share on Monday, March 10th. This represents a $2.38 annualized dividend and a dividend yield of 0.93%.
Thomson Reuters Stock Up 1.5 %
Shares of TSE TRI traded up C$3.87 during mid-day trading on Monday, reaching C$256.18. 219,474 shares of the company's stock traded hands, compared to its average volume of 299,577. The company has a debt-to-equity ratio of 29.05, a current ratio of 0.88 and a quick ratio of 0.52. Thomson Reuters has a 1-year low of C$204.21 and a 1-year high of C$256.48. The stock has a market cap of C$115.21 billion, a P/E ratio of 36.13, a PEG ratio of 3.64 and a beta of 0.40. The business has a 50-day simple moving average of C$235.30 and a 200 day simple moving average of C$230.71.
Thomson Reuters (TSE:TRI - Get Free Report) NYSE: TRI last issued its quarterly earnings data on Thursday, February 6th. The company reported C$1.01 EPS for the quarter, topping analysts' consensus estimates of C$0.97 by C$0.04. Thomson Reuters had a return on equity of 20.41% and a net margin of 33.65%. During the same quarter last year, the company posted $0.98 earnings per share. On average, analysts expect that Thomson Reuters will post 5.6395803 EPS for the current fiscal year.
Analyst Ratings Changes
TRI has been the subject of several analyst reports. TD Securities increased their target price on shares of Thomson Reuters from C$250.00 to C$260.00 and gave the company a "hold" rating in a report on Friday. BMO Capital Markets lifted their target price on shares of Thomson Reuters from C$260.00 to C$265.00 and gave the stock an "outperform" rating in a research report on Friday. National Bankshares increased their price target on Thomson Reuters from C$260.00 to C$286.00 and gave the company an "outperform" rating in a research report on Friday. Finally, Wells Fargo & Company upgraded Thomson Reuters to a "hold" rating in a report on Tuesday, November 26th. Two equities research analysts have rated the stock with a hold rating, two have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of C$270.33.
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Thomson Reuters Company Profile
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Thomson Reuters Corporation engages in the provision of business information services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. The Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics to law firms and governments.
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