T. Rowe Price/TROW

$108.73

0%
-
1D1W1MYTD1YMAX

About T. Rowe Price

T. Rowe Price Group, Inc. is a global asset management company. The Company provides a broad range of investment solutions across equity, fixed income, multi-asset, and alternative capabilities for clients around the world - from individuals to advisors to institutions to retirement plan sponsors. It also provides certain investment advisory clients with related administrative services, including distribution, mutual fund transfer agent, accounting and shareholder services; participant recordkeeping and transfer agent services for defined contribution retirement plans; brokerage; trust services, and non-discretionary advisory services through model delivery. The Company distributes its active investment solutions through a diverse set of distribution channels and vehicles to meet the needs of its clients globally. These vehicles include an array of United States mutual funds, collective investment trusts, subadvised funds, separately managed accounts, and other sponsored products.

Ticker

TROW

Sector

Financials

Trading on

NASDAQ

Industry

Investment Services

CEO

Robert Sharps

Employees

7,906

Headquarters

Baltimore, United States

T. Rowe Price Metrics

BasicAdvanced
$24.91B
Market cap
14.35
P/E ratio
$7.76
EPS
1.41
Beta
$4.88
Dividend rate
4.45%
Dividend yield
$24.91B
1.40921
$132.76
$87.43
1.34M
$4.88
0.941
64.32%
29.833
15.35%
19.02%
18.13%
14.354
3.856
2.624
3.92
2.85%
4.38%
4.45%
-0.43%
16.05%
1.34%
-8.05%
10.67%

What the Analysts think about T. Rowe Price

Analyst Ratings

Majority rating from 13 analysts.
Hold

Price Targets

Average projection from 10 analysts.
5.58% upside
High $125.00
Low $101.00
$108.73
Current price
$114.80
Average price target

T. Rowe Price Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
26.65% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$1.64B
-1.72%
Net income
$437.6M
-3.44%
Profit margin
26.65%
-1.73%

T. Rowe Price Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 7.3%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$1.69
$2.02
$2.17
$1.72
-
Expected
$1.64
$1.73
$1.78
$1.60
$2.04
Surprise
3.21%
16.84%
22.08%
7.3%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for T. Rowe Price stock?

T. Rowe Price (TROW) has a market cap of $24.91B as of April 20, 2024.

What is the P/E ratio for T. Rowe Price stock?

The price to earnings (P/E) ratio for T. Rowe Price (TROW) stock is 14.35 as of April 20, 2024.

Does T. Rowe Price stock pay dividends?

Yes, the T. Rowe Price (TROW) stock pays dividends to shareholders. As of April 20, 2024, the dividend rate is $4.88 and the yield is 4.45%. T. Rowe Price has a payout ratio of 64.32% on a trailing twelve-month basis.

When is the next T. Rowe Price dividend payment date?

The next T. Rowe Price (TROW) dividend payment date is unconfirmed.

What is the beta indicator for T. Rowe Price?

T. Rowe Price (TROW) has a beta rating of 1.41. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the T. Rowe Price stock price target?

The target price for T. Rowe Price (TROW) stock is $114.8, which is 5.58% above the current price of $108.73. This is an average based on projections from 10 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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