Market closedNon-fractional
T. Rowe Price/TROW
13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1YMAX
About T. Rowe Price
T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load us and international stock, hybrid, bond, and money market funds. At the end of April 2024, the firm had $1.485 trillion in managed assets, composed of equity (51%), balanced (34%), fixed-income and money market (12%), and alternative (3%) offerings. Approximately two thirds of managed assets are held in retirement-based accounts, which provides T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a us-based asset manager, deriving just under 9% of its AUM from overseas.
Ticker
TROW
Sector
Financials
Trading on
NASDAQ
Industry
Capital Markets
Headquarters
Baltimore, United States
Employees
7,878
Website
www.troweprice.com
T. Rowe Price Metrics
BasicAdvanced
$26B
Market cap
13.72
P/E ratio
$8.42
EPS
1.40
Beta
$4.90
Dividend rate
4.24%
Dividend yield
Price and volume
Market cap
$26B
Beta
1.4
Dividend rate
$4.90
Financial strength
Current ratio
1.846
Quick ratio
1.846
Long term debt to equity
2.963
Total debt to equity
3.565
Dividend payout ratio (TTM)
58.01%
Management effectiveness
Return on assets (TTM)
10.27%
Return on equity (TTM)
19.16%
Valuation
Price to earnings (TTM)
13.717
Price to revenue (TTM)
3.875
Price to book
2.64
Price to tangible book (TTM)
3.88
Price to free cash flow (TTM)
25.988
Dividend yield (TTM)
4.24%
Growth
Revenue change (TTM)
8.28%
Earnings per share change (TTM)
37.87%
3-year revenue growth (CAGR)
0.52%
3-year earnings per share growth (CAGR)
-10.58%
3-year dividend per share growth (CAGR)
9.04%
What the Analysts think about T. Rowe Price
Analyst Ratings
Majority rating from 13 analysts.
T. Rowe Price Financial Performance
Income StatementBalance sheetCash Flow
Income Statement
Revenues and expenses
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$1.8B
6.59%
Net income
$574M
31.12%
Profit margin
32.78%
23.00%
T. Rowe Price Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$2.02
$2.17
$1.72
$2.38
-
Expected
$1.73
$1.78
$1.60
$2.04
$2.21
Surprise
16.84%
22.08%
7.30%
16.46%
-
T. Rowe Price News
AllArticlesVideos
5 High-Yield Dividend Aristocrats Offer Investors a Passive Income Grand Slam
24/7 Wall Street·7 hours ago
T. ROWE PRICE, IFC VENTURE AWARDED ESG INVESTMENT INITIATIVE OF THE YEAR, AMERICAS, BY ENVIRONMENTAL FINANCE
PRNewsWire·1 day ago
OHA and OneIM Launch a Partnership to Invest in European Private Credit
GlobeNewsWire·1 week ago
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
Market closedNon-fractional
Upcoming events
No upcoming events
FAQs
What’s the current market cap for T. Rowe Price stock?
T. Rowe Price (TROW) has a market cap of $26B as of July 27, 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 13.72 as of July 27, 2024.
Does T. Rowe Price stock pay dividends?
Yes, the T. Rowe Price (TROW) stock pays dividends to shareholders. As of July 27, 2024, the dividend rate is $4.9 and the yield is 4.24%. T. Rowe Price has a payout ratio of 58.01% 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 1.4. 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.
Buy or sell T. Rowe Price stock
Stocks, funds and up to 4.50% interest earned on uninvested cash. When you invest, your capital is at risk.