Thomson Reuters (NYSE:TRI - Get Free Report) TSE: TRI announced its quarterly earnings data on Thursday. The business services provider reported $1.01 EPS for the quarter, beating the consensus estimate of $0.97 by $0.04, Zacks reports. Thomson Reuters had a net margin of 30.45% and a return on equity of 14.78%. Thomson Reuters updated its FY 2025 guidance to EPS.
Thomson Reuters Price Performance
Shares of Thomson Reuters stock traded up $2.38 on Monday, hitting $179.02. 365,016 shares of the company were exchanged, compared to its average volume of 354,673. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.16. The company has a 50-day moving average price of $164.26 and a 200 day moving average price of $165.50. The stock has a market capitalization of $80.56 billion, a price-to-earnings ratio of 36.61, a price-to-earnings-growth ratio of 5.59 and a beta of 0.73. Thomson Reuters has a 1-year low of $149.50 and a 1-year high of $179.21.
Thomson Reuters Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Thursday, February 20th will be given a $0.595 dividend. This represents a $2.38 dividend on an annualized basis and a dividend yield of 1.33%. This is a boost from Thomson Reuters's previous quarterly dividend of $0.54. The ex-dividend date of this dividend is Thursday, February 20th. Thomson Reuters's dividend payout ratio is 48.67%.
Wall Street Analyst Weigh In
Several analysts recently commented on TRI shares. JPMorgan Chase & Co. raised their target price on Thomson Reuters from $175.00 to $177.00 and gave the stock a "neutral" rating in a report on Friday. StockNews.com raised shares of Thomson Reuters from a "sell" rating to a "hold" rating in a report on Wednesday, January 8th. Royal Bank of Canada increased their price target on shares of Thomson Reuters from $171.00 to $173.00 and gave the stock a "sector perform" rating in a report on Wednesday, November 6th. CIBC raised their price target on shares of Thomson Reuters from $165.00 to $174.00 in a research report on Friday. Finally, The Goldman Sachs Group increased their target price on shares of Thomson Reuters from $168.00 to $188.00 and gave the stock a "neutral" rating in a research note on Friday. Nine research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Thomson Reuters currently has an average rating of "Hold" and a consensus target price of $182.09.
View Our Latest Report on Thomson Reuters
About Thomson Reuters
(
Get Free Report)
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.
See Also
Before you consider Thomson Reuters, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Thomson Reuters wasn't on the list.
While Thomson Reuters currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
