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T. Rowe Price Group (TROW) Competitors

T. Rowe Price Group logo
$116.12 +3.15 (+2.79%)
(As of 12/20/2024 05:51 PM ET)

TROW vs. BK, AMP, STT, NTRS, ARCC, BEN, SEIC, IVZ, AMG, and CNS

Should you be buying T. Rowe Price Group stock or one of its competitors? The main competitors of T. Rowe Price Group include Bank of New York Mellon (BK), Ameriprise Financial (AMP), State Street (STT), Northern Trust (NTRS), Ares Capital (ARCC), Franklin Resources (BEN), SEI Investments (SEIC), Invesco (IVZ), Affiliated Managers Group (AMG), and Cohen & Steers (CNS). These companies are all part of the "asset management & custody banks" industry.

T. Rowe Price Group vs.

Bank of New York Mellon (NYSE:BK) and T. Rowe Price Group (NASDAQ:TROW) are both large-cap finance companies, but which is the superior business? We will compare the two companies based on the strength of their profitability, community ranking, earnings, analyst recommendations, risk, valuation, dividends, media sentiment and institutional ownership.

Bank of New York Mellon pays an annual dividend of $1.88 per share and has a dividend yield of 2.4%. T. Rowe Price Group pays an annual dividend of $4.96 per share and has a dividend yield of 4.3%. Bank of New York Mellon pays out 40.9% of its earnings in the form of a dividend. T. Rowe Price Group pays out 54.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Bank of New York Mellon has raised its dividend for 14 consecutive years and T. Rowe Price Group has raised its dividend for 38 consecutive years. T. Rowe Price Group is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Bank of New York Mellon has higher revenue and earnings than T. Rowe Price Group. T. Rowe Price Group is trading at a lower price-to-earnings ratio than Bank of New York Mellon, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bank of New York Mellon$17.72B3.19$3.29B$4.6016.87
T. Rowe Price Group$6.91B3.73$1.79B$9.1412.70

Bank of New York Mellon received 299 more outperform votes than T. Rowe Price Group when rated by MarketBeat users. Likewise, 66.69% of users gave Bank of New York Mellon an outperform vote while only 51.38% of users gave T. Rowe Price Group an outperform vote.

CompanyUnderperformOutperform
Bank of New York MellonOutperform Votes
895
66.69%
Underperform Votes
447
33.31%
T. Rowe Price GroupOutperform Votes
596
51.38%
Underperform Votes
564
48.62%

85.3% of Bank of New York Mellon shares are owned by institutional investors. Comparatively, 73.4% of T. Rowe Price Group shares are owned by institutional investors. 0.1% of Bank of New York Mellon shares are owned by company insiders. Comparatively, 2.0% of T. Rowe Price Group shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Bank of New York Mellon has a beta of 1.07, meaning that its share price is 7% more volatile than the S&P 500. Comparatively, T. Rowe Price Group has a beta of 1.42, meaning that its share price is 42% more volatile than the S&P 500.

T. Rowe Price Group has a net margin of 30.35% compared to Bank of New York Mellon's net margin of 9.44%. T. Rowe Price Group's return on equity of 20.35% beat Bank of New York Mellon's return on equity.

Company Net Margins Return on Equity Return on Assets
Bank of New York Mellon9.44% 12.06% 1.05%
T. Rowe Price Group 30.35%20.35%15.79%

Bank of New York Mellon currently has a consensus target price of $81.00, indicating a potential upside of 4.35%. T. Rowe Price Group has a consensus target price of $117.00, indicating a potential upside of 0.76%. Given Bank of New York Mellon's stronger consensus rating and higher probable upside, equities research analysts clearly believe Bank of New York Mellon is more favorable than T. Rowe Price Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bank of New York Mellon
0 Sell rating(s)
4 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.69
T. Rowe Price Group
4 Sell rating(s)
7 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.64

In the previous week, T. Rowe Price Group had 4 more articles in the media than Bank of New York Mellon. MarketBeat recorded 11 mentions for T. Rowe Price Group and 7 mentions for Bank of New York Mellon. T. Rowe Price Group's average media sentiment score of 0.93 beat Bank of New York Mellon's score of 0.68 indicating that T. Rowe Price Group is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Bank of New York Mellon
1 Very Positive mention(s)
0 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
T. Rowe Price Group
3 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

T. Rowe Price Group beats Bank of New York Mellon on 11 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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TROW vs. The Competition

MetricT. Rowe Price GroupSecurity & commodity brokers IndustryFinance SectorNASDAQ Exchange
Market Cap$25.80B$26.49B$10.99B$9.07B
Dividend Yield4.40%1.40%9.85%4.22%
P/E Ratio12.7020.3728.5417.19
Price / Sales3.736.2748.61116.80
Price / Cash11.9522.7630.3437.86
Price / Book2.674.932.734.78
Net Income$1.79B$909.38M$1.03B$225.60M
7 Day Performance-2.86%-3.22%-2.89%-1.24%
1 Month Performance-1.91%-4.52%-2.86%3.36%
1 Year Performance8.64%5.31%11.28%16.58%

T. Rowe Price Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TROW
T. Rowe Price Group
4.4754 of 5 stars
$116.12
+2.8%
$117.00
+0.8%
+9.6%$25.80B$6.91B12.707,906Analyst Upgrade
High Trading Volume
BK
Bank of New York Mellon
4.7821 of 5 stars
$79.22
+0.5%
$81.00
+2.2%
+52.5%$57.60B$33.81B17.1453,400
AMP
Ameriprise Financial
4.8365 of 5 stars
$550.48
+0.1%
$487.67
-11.4%
+42.8%$53.40B$16.76B21.1013,800
STT
State Street
4.7528 of 5 stars
$101.29
+0.8%
$97.32
-3.9%
+29.1%$29.69B$18.37B15.8746,000Dividend Announcement
Analyst Upgrade
Analyst Revision
News Coverage
NTRS
Northern Trust
3.4481 of 5 stars
$105.66
+0.6%
$105.00
-0.6%
+23.3%$20.94B$7.88B13.0623,100Positive News
ARCC
Ares Capital
1.2588 of 5 stars
$21.57
-0.6%
$22.29
+3.3%
+9.4%$13.94B$1.76B8.342,550Positive News
BEN
Franklin Resources
4.4872 of 5 stars
$21.99
+0.1%
$20.66
-6.1%
-29.9%$11.52B$8.48B25.5510,200Analyst Forecast
Analyst Revision
SEIC
SEI Investments
4.6061 of 5 stars
$86.03
+0.2%
$77.50
-9.9%
+30.1%$11.09B$2.05B20.735,089Analyst Forecast
Insider Trade
IVZ
Invesco
4.3946 of 5 stars
$18.19
+0.8%
$18.63
+2.4%
+1.5%$8.18B$5.89B-19.618,500Analyst Forecast
AMG
Affiliated Managers Group
4.3526 of 5 stars
$188.22
+0.9%
$196.50
+4.4%
+22.4%$5.69B$2.02B12.174,000Positive News
CNS
Cohen & Steers
3.7204 of 5 stars
$100.19
+1.2%
$106.50
+6.3%
+27.2%$5.07B$515.43M36.96390

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This page (NASDAQ:TROW) was last updated on 12/21/2024 by MarketBeat.com Staff
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