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: C$222.44 to C$224.98
• 50-Day Range: C$224.48 to C$236.87
• 52-Week Range: C$185.73 to C$242.92
• Volume: 287,470 shs
• Average Volume: 311,333 shs
• Market Capitalization: C$101.00 billion
• P/E Ratio: 31.68
• Dividend Yield: 1.30%
• Price Target: C$197.50
• Consensus Rating: Moderate Buy

Thomson Reuters Stock Analysis - MarketRank™

Thomson Reuters scored higher than 37% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Thomson Reuters has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 1 buy rating, 5 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Thomson Reuters has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Thomson Reuters is 31.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.38.

Price to Earnings Ratio vs. Sector

The P/E ratio of Thomson Reuters is 31.68, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 528.82.

Price to Earnings Growth Ratio

Thomson Reuters has a PEG Ratio of 3.64. 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 8.69. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for TRI.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Thomson Reuters pays a meaningful dividend of 1.26%, 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 41.33%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for TRI.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: N/A

News Sentiment

Thomson Reuters has a news sentiment score of 1.47. 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 0.42 average news sentiment score of Industrials companies.

Search Interest

Only 6 people have searched for TRI on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

3 people have added Thomson Reuters to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Thomson Reuters insiders have sold 17,048.17% more of their company's stock than they have bought. Specifically, they have bought C$18,403.00 in company stock and sold C$3,155,777.00 in company stock.

Percentage Held by Insiders

69.76% of the stock of Thomson Reuters is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 20.74% 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 C$193.73 at the beginning of the year. Since then, TRI shares have increased by 15.9% and is now trading at C$224.58.
View the best growth stocks for 2024 here.

How do I buy shares of Thomson Reuters?

Shares of TRI stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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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 Royal Bank of Canada (RY), Toronto-Dominion Bank (TD), TELUS (T), BCE (BCE), Bank of Nova Scotia (BNS), Enbridge (ENB) and Bank of Montreal (BMO).

Company Calendar

• Ex-Dividend for 9/10 Dividend: 8/15/2024
• Dividend Payable: 9/10/2024
• Today: 11/20/2024
• Ex-Dividend for 12/10 Dividend: 11/21/2024
• Dividend Payable: 12/10/2024
• Next Earnings (Estimated): 2/13/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Industrials
• Industry: Specialty Business Services
• Sub-Industry: Printing And Publishing
• Current Symbol: TSE:TRI
• Previous Symbol: TSE:TOC
• CUSIP: N/A
• CIK: N/A
• Web: www.thomsonreuters.com
• Phone: +1-646-2234000
• Fax: N/A
• Employees: 24,400
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$197.50
• High Stock Price Target: C$256.00
• Low Stock Price Target: C$146.00
• Potential Upside/Downside: -12.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.63
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$7.09
• Trailing P/E Ratio: 31.68
• Forward P/E Ratio: 39.82
• P/E Growth: 3.64
• Net Income: C$2.33 billion
• Net Margins: 33.65%
• Pretax Margin: N/A
• Return on Equity: 20.41%
• Return on Assets: 6.15%

Debt

• Debt-to-Equity Ratio: 29.05
• Current Ratio: 0.88
• Quick Ratio: 0.52

Sales & Book Value

• Annual Sales: C$7.03 billion
• Price / Sales: 14.37
• Cash Flow: C$2.49 per share
• Price / Cash Flow: 90.25
• Book Value: C$25.83 per share
• Price / Book: 8.69

Miscellaneous

• Outstanding Shares: 449,710,000
• Free Float: N/A
• Market Cap: C$101.00 billion
• Optionable: Not Optionable
• Beta: 0.40