Thomson Reuters (TRI) Stock Price, News & Analysis

Company Overview

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. The Corporates segment provides a suite of content-driven technologies, including generative AI, integrated workflow solutions to small businesses to multinational organizations. The Tax & Accounting Professionals segment offers research and workflow products focusing on tax offerings and automating tax workflows to tax, accounting, and audit professionals in accounting firms. The Reuters News segment provides business, financial, and international news to media organizations, professional, and news consumers through Reuters News Agency, Reuters.com, Reuters Events, Thomson Reuters products, and to financial market professionals. The Global Print segment offers legal and tax information primarily in print format. The company was formerly known as The Thomson Corporation and changed its name to Thomson Reuters Corporation in April 2008. The company was founded in 1851 and is based in Toronto, Canada. Thomson Reuters Corporation operates as a subsidiary of The Woodbridge Company Limited.

Key Stats

• Today's Range: $165.68 to $167.41
• 50-Day Range: $163.58 to $173.78
• 52-Week Range: $117.46 to $176.03
• Volume: 135,787 shs
• Average Volume: 356,066 shs
• Market Capitalization: $74.83 billion
• P/E Ratio: 31.95
• Dividend Yield: 1.30%
• Price Target: $173.73
• Consensus Rating: Hold

Thomson Reuters Stock Analysis - MarketRank™

Thomson Reuters scored higher than 82% of companies evaluated by MarketBeat, and ranked 72nd out of 336 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

Thomson Reuters has received a consensus rating of Hold. The company's average rating score is 2.42, and is based on 5 buy ratings, 7 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Thomson Reuters has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 11.32%

Earnings Growth

Earnings for Thomson Reuters are expected to grow by 11.32% in the coming year, from $3.71 to $4.13 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Thomson Reuters is 31.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.15.

Price to Earnings Ratio vs. Sector

The P/E ratio of Thomson Reuters is 31.89, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 39.76.

Price to Earnings Growth Ratio

Thomson Reuters has a PEG Ratio of 5.61. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Thomson Reuters has a P/B Ratio of 6.80. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.57% of the float of Thomson Reuters has been sold short.

Short Interest Ratio / Days to Cover

Thomson Reuters has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Thomson Reuters has recently decreased by 31.67%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Thomson Reuters pays a meaningful dividend of 1.30%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Thomson Reuters does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Thomson Reuters is 41.14%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Thomson Reuters will have a dividend payout ratio of 52.30% next year. This indicates that Thomson Reuters will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.9 / 5
• Environmental Score: -0.33

Percentage of Shares Shorted

0.57% of the float of Thomson Reuters has been sold short.

Short Interest Ratio / Days to Cover

Thomson Reuters has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Thomson Reuters has recently decreased by 31.67%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: 0.19

News Sentiment

Thomson Reuters has a news sentiment score of 0.19. 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 lower news sentiment than the 0.39 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 13 news articles for Thomson Reuters this week, compared to 6 articles on an average week.

Search Interest

Only 7 people have searched for TRI on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Thomson Reuters to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Thomson Reuters insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 17.31% of the stock of Thomson Reuters is held by institutions.

TRI Stock Analysis - Frequently Asked Questions

How have TRI shares performed this year?

Thomson Reuters' stock was trading at $146.22 at the start of the year. Since then, TRI shares have increased by 13.6% and is now trading at $166.13.
View the best growth stocks for 2024 here.

How were Thomson Reuters' earnings last quarter?

Thomson Reuters Co. (NYSE:TRI) posted its earnings results on Thursday, August, 1st. The business services provider reported $0.85 earnings per share for the quarter, beating analysts' consensus estimates of $0.82 by $0.03. Thomson Reuters's quarterly revenue was up 5.6% compared to the same quarter last year.

Does Thomson Reuters have any subsidiaries?

The following companies are subsidiaries of Thomson Reuters: CaseLines, Pondera Solutions, FC Business Intelligence, HighQ Diligence, Confirmation, Integration Point, Avox Ltd, and others.

Who are Thomson Reuters' major shareholders?

Top institutional investors of Thomson Reuters include Dixon Mitchell Investment Counsel Inc. (0.05%), International Assets Investment Management LLC (0.04%), Argent Capital Management LLC (0.02%) and Sapient Capital LLC (0.02%).

How do I buy shares of Thomson Reuters?

Shares of TRI 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.

What other stocks do shareholders of Thomson Reuters own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Thomson Reuters investors own include Meta Platforms (META), NVIDIA (NVDA), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), Intuit (INTU) and Tesla (TSLA).

Company Calendar

• Last Earnings: 8/01/2024
• Ex-Dividend for 9/10 Dividend: 8/15/2024
• Dividend Payable: 9/10/2024
• Today: 10/24/2024
• Next Earnings (Confirmed): 11/05/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Business Services
• Industry: Miscellaneous publishing
• Sub-Industry: Publishing
• Current Symbol: NYSE:TRI
• CUSIP: 88490310
• CIK: 1075124
• Web: www.thomsonreuters.com
• Phone: (647) 480-7000
• Fax: 416-360-8812
• Employees: 25,600
• Year Founded: 2008

Price Target and Rating

• Average Stock Price Target: $173.73
• High Stock Price Target: $225.00
• Low Stock Price Target: $130.00
• Potential Upside/Downside: +4.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.42
• Research Coverage: 12 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $5.25
• Trailing P/E Ratio: 31.95
• Forward P/E Ratio: 44.86
• P/E Growth: 5.61
• Net Income: $2.70 billion
• Net Margins: 33.65%
• Pretax Margin: 26.39%
• Return on Equity: 15.22%
• Return on Assets: 9.09%

Debt

• Debt-to-Equity Ratio: 0.16
• Current Ratio: 0.88
• Quick Ratio: 0.88

Sales & Book Value

• Annual Sales: $7.03 billion
• Price / Sales: 10.64
• Cash Flow: $5.19 per share
• Price / Cash Flow: 32.08
• Book Value: $24.43 per share
• Price / Book: 6.81

Miscellaneous

• Outstanding Shares: 449,618,000
• Free Float: N/A
• Market Cap: $74.83 billion
• Optionable: Optionable
• Beta: 0.73