T. Rowe Price Group Company Profile (NASDAQ:TROW)

About T. Rowe Price Group

T. Rowe Price Group logoT. Rowe Price Group, Inc. is a financial services holding company. The Company provides global investment management services to individual and institutional investors in the sponsored T. Rowe Price mutual funds distributed in the United States and other investment portfolios. It operates through investment advisory business segment. Its assets under management are accumulated from a client base across over four primary distribution channels, including third-party financial intermediaries that distribute its managed investment portfolios in the United States and other countries; individual the United States investors on a direct basis; the United States defined contribution retirement plans, and institutional investors across the globe. It manages assets, including the United States and international stock, blended asset, bond and money market mutual funds, and other investment portfolios. The Company offers advisory services, distribution management and administrative services.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Asset Management
  • Sub-Industry: Asset Management & Custody Banks
  • Exchange: NASDAQ
  • Symbol: TROW
  • CUSIP: 74144T10
Key Metrics:
  • Previous Close: $63.83
  • 50 Day Moving Average: $66.44
  • 200 Day Moving Average: $71.25
  • 52-Week Range: $63.14 - $79.00
  • Trailing P/E Ratio: 15.56
  • Foreward P/E Ratio: 13.06
  • P/E Growth: 2.01
  • Market Cap: $16.05B
  • Outstanding Shares: 248,552,000
  • Beta: 1.17
  • Net Margins: 25.77%
  • Return on Equity: 22.25%
  • Return on Assets: 20.17%
  • Current Ratio: 3.20%
  • Quick Ratio: 3.20%
Additional Links:
Companies Related to T. Rowe Price Group:

Analyst Ratings

Consensus Ratings for T. Rowe Price Group (NASDAQ:TROW) (?)
Ratings Breakdown: 2 Sell Ratings, 7 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.15)
Consensus Price Target: $74.46 (16.35% upside)

Analysts' Ratings History for T. Rowe Price Group (NASDAQ:TROW)
DateFirmActionRatingPrice TargetDetails
10/15/2016Keefe, Bruyette & WoodsSet Price TargetHold$72.00View Rating Details
10/13/2016Barclays PLCLower Price TargetEqual Weight$72.00 -> $68.00View Rating Details
10/11/2016Jefferies GroupLower Price TargetBuy$83.00 -> $80.00View Rating Details
9/9/2016Deutsche Bank AGBoost Price TargetHold$71.00 -> $74.00View Rating Details
7/28/2016Morgan StanleyLower Price TargetEqual Weight$74.00 -> $71.00View Rating Details
7/27/2016JPMorgan Chase & Co.Lower Price TargetUnderweight$75.00 -> $65.00View Rating Details
7/27/2016Citigroup Inc.Lower Price TargetNeutral$78.00 -> $72.00View Rating Details
5/26/2016Bank of America Corp.Reiterated RatingHoldView Rating Details
4/27/2016Royal Bank Of CanadaBoost Price TargetSector Perform$74.00 -> $78.00View Rating Details
4/12/2016Sandler O'NeillBoost Price Target$75.00 -> $76.00View Rating Details
1/31/2016William BlairReiterated RatingBuyView Rating Details
1/29/2016ArgusLower Price TargetBuy$88.00 -> $82.00View Rating Details
1/15/2016JP Morgan CazenoveReiterated RatingUnderweight$74.00 -> $68.00View Rating Details
1/7/2016SusquehannaLower Price TargetPositive$85.00 -> $80.00View Rating Details
1/7/2016Sanford C. BernsteinLower Price Target$87.00 -> $82.00View Rating Details
10/8/2015Credit Suisse Group AGLower Price Target$66.00View Rating Details
6/8/2015Goldman Sachs Group Inc.Initiated CoverageNeutral$84.00View Rating Details
6/3/2015Piper Jaffray Cos.Initiated CoverageNeutral$92.00View Rating Details
(Data available from 10/28/2014 forward)


Earnings History for T. Rowe Price Group (NASDAQ:TROW)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/27/2016Q316$1.18$1.17$1.08 billion$1.10 billionViewN/AView Earnings Details
7/26/2016Q216$0.72$0.76$1.03 billion$1,000.00 millionViewN/AView Earnings Details
4/26/2016Q116$1.03$1.15$1.01 billion$1,000.00 millionViewN/AView Earnings Details
1/28/2016Q415$1.11$1.17$1.02 billion$1.05 billionViewN/AView Earnings Details
10/22/2015Q315$1.14$1.06$1.04 billion$1.05 billionViewN/AView Earnings Details
7/23/2015Q2$1.20$1.24$1.06 billion$1.07 billionViewN/AView Earnings Details
4/22/2015Q115$1.14$1.13$1.03 billion$1.03 billionViewN/AView Earnings Details
1/28/2015Q414$1.14$1.18$1.02 billion$1,000.00 millionViewN/AView Earnings Details
10/23/2014Q314$1.15$1.12$1.02 billion$1,000.00 millionViewN/AView Earnings Details
7/24/2014Q214$1.12$1.13$991.60 million$984.30 millionViewN/AView Earnings Details
4/24/2014Q114$1.03$1.05$948.36 million$954.60 millionViewN/AView Earnings Details
1/27/2014Q413$0.95$1.06$863.28 million$929.80 millionViewN/AView Earnings Details
10/24/2013Q313$0.97$1.00$870.26 million$884.40 millionViewN/AView Earnings Details
7/24/2013Q2 2013$0.95$0.92$855.76 million$854.30 millionViewN/AView Earnings Details
4/24/2013Q1 2013$0.89$0.91$816.93 million$815.70 millionViewN/AView Earnings Details
1/29/2013Q4 2012$0.89$0.88$799.41 million$787.30 millionViewN/AView Earnings Details
10/24/2012$0.83$0.94ViewN/AView Earnings Details
7/25/2012$0.81$0.79ViewN/AView Earnings Details
4/24/2012$0.76$0.75ViewN/AView Earnings Details
1/27/2012$0.69$0.73ViewN/AView Earnings Details
10/25/2011$0.74$0.71ViewN/AView Earnings Details
7/26/2011$0.78$0.76ViewN/AView Earnings Details
4/21/2011$0.75$0.72ViewN/AView Earnings Details
1/28/2011$0.69$0.72ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for T. Rowe Price Group (NASDAQ:TROW)
Current Year EPS Consensus Estimate: $4.28 EPS
Next Year EPS Consensus Estimate: $4.90 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$0.97$1.06$1.01
Q2 20163$1.12$1.19$1.15
Q3 20163$1.19$1.21$1.20
Q4 20163$1.17$1.24$1.21
(Data provided by Zacks Investment Research)


Current Dividend Information for T. Rowe Price Group (NASDAQ:TROW)
Annual Dividend:$2.16
Dividend Yield:3.38%
Dividend Growth:15.20% (3 Year Average)
Payout Ratio:52.17% (Based on Trailing 12 Months of Earnings)
50.47% (Based on Current Year Consensus EPS Estimate)
44.08% (Based on Next Year Consensus EPS Estimate)
Track Record:29 Years of Consecutive Dividend Growth

Dividend History for T. Rowe Price Group (NASDAQ:TROW)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for T. Rowe Price Group (NASDAQ:TROW)
Insider Ownership Percentage: 3.60%
Institutional Ownership Percentage: 69.61%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/27/2016James A C KennedyDirectorSell50,000$77.75$3,887,500.00View SEC Filing  
3/30/2016Christopher D AldersonVPSell149,650$74.33$11,123,484.50View SEC Filing  
3/21/2016James A C KennedyVPSell38,992$73.42$2,862,792.64View SEC Filing  
3/4/2016Donald B Hebb JrDirectorSell4,163$72.63$302,358.69View SEC Filing  
2/26/2016Anne M WhittemoreDirectorSell8,326$69.28$576,825.28View SEC Filing  
12/10/2015Christopher D. AldersonVPSell3,384$73.75$249,570.00View SEC Filing  
12/10/2015Jessica M. HieblerinsiderSell1,150$73.13$84,099.50View SEC Filing  
11/17/2015James A. C. KennedyCEOSell101,728$74.70$7,599,081.60View SEC Filing  
12/22/2014Christopher D AldersonVPSell81,250$86.84$7,055,750.00View SEC Filing  
12/4/2014Anne M WhittemoreDirectorSell4,062$82.79$336,292.98View SEC Filing  
11/12/2014James A C KennedyCEOSell98,515$82.59$8,136,353.85View SEC Filing  
11/7/2014Alfred SommerDirectorSell12,186$83.02$1,011,681.72View SEC Filing  
6/24/2014Mark S BartlettDirectorBuy4,500$83.32$374,940.00View SEC Filing  
10/30/2013Alfred SommerDirectorSell9,140$78.06$713,468.40View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for T. Rowe Price Group (NASDAQ:TROW)
streetinsider.com logoT. Rowe Price (TROW) Willing to Support Orcale (ORCL) Bid for Netsuite (N) at $133/Share - StreetInsider.com (NASDAQ:TROW)
www.streetinsider.com - October 28 at 11:55 AM
capitalcube.com logoT. Rowe Price Group, Inc. :TROW-US: Earnings Analysis: Q3, 2016 By the Numbers : October 28, 2016 (NASDAQ:TROW)
www.capitalcube.com - October 28 at 11:55 AM
nasdaq.com logoT. Rowe Price's (TROW) Q3 Earnings Miss, Revenues Rise - Nasdaq (NASDAQ:TROW)
www.nasdaq.com - October 27 at 7:57 PM
News IconRowe Price Group Inc (NASDAQ:TROW)
crcconnection.com - October 27 at 11:55 AM
News IconRowe Price Group Inc. (TROW) Receives Consensus Rating of "Hold" from Analysts (NASDAQ:TROW)
thelakeandeswave.com - October 27 at 11:55 AM
sg.finance.yahoo.com logoT. Rowe misses 3Q profit forecasts (NASDAQ:TROW)
sg.finance.yahoo.com - October 27 at 11:55 AM
wsj.com logo[$$] T. Rowe Price Profit Rises 18% (NASDAQ:TROW)
www.wsj.com - October 27 at 11:55 AM
finance.yahoo.com logoT. Rowe Price (TROW) Lags Q3 Earnings, Revenues Up (NASDAQ:TROW)
finance.yahoo.com - October 27 at 11:55 AM
bizjournals.com logoT. Rowe Price earnings surge 18 percent on boost in assets, advisory fees (NASDAQ:TROW)
www.bizjournals.com - October 27 at 11:55 AM
blogs.barrons.com logoPassive Pressures Crimp T. Rowe Price's Q3 Earnings (NASDAQ:TROW)
blogs.barrons.com - October 27 at 11:55 AM
publicnow.com logoT. Rowe Price Adds Sandra Wijnberg as Independent Director (NASDAQ:TROW)
www.publicnow.com - October 26 at 7:47 PM
nasdaq.com logoCommit To Purchase T Rowe Price Group At $55, Earn 2.8% Annualized Using Options - Nasdaq (NASDAQ:TROW)
www.nasdaq.com - October 26 at 11:31 AM
nasdaq.com logoT. Rowe Price (TROW) Q3 Earnings: What's in the Cards? - Nasdaq (NASDAQ:TROW)
www.nasdaq.com - October 26 at 11:31 AM
finance.yahoo.com logoInvestment Managers' Q3 Earnings on Oct 27: IVZ, PFG & More (NASDAQ:TROW)
finance.yahoo.com - October 26 at 11:31 AM
nasdaq.com logoCommit To Purchase T Rowe Price Group At $55, Earn 2.8% Annualized Using Options (NASDAQ:TROW)
www.nasdaq.com - October 25 at 7:52 PM
finance.yahoo.com logoDividend Aristocrats in Focus Part 15: T. Rowe Price Group (NASDAQ:TROW)
finance.yahoo.com - October 25 at 7:52 PM
News IconRowe Price Group Inc. (TROW) PT Lowered to $80.00 (NASDAQ:TROW)
avauncer.com - October 22 at 7:10 PM
News IconT. Rowe Price Group, Inc. (NASDAQ:TROW) from Asset Management – Todays Top Gains (NASDAQ:TROW)
twincountynews.com - October 22 at 7:10 PM
News IconRowe Price Group Inc. (TROW) Price Target to $68.00 (NASDAQ:TROW)
thelakeandeswave.com - October 22 at 7:10 PM
News IconProvident Trust Co. Sold shares of T. Rowe Price Group Inc. (TROW) - DailyQuint (NASDAQ:TROW)
dailyquint.com - October 22 at 11:46 AM
News IconThe Key Numbers To Watch From T. Rowe Price Group, Inc ... - The Voice Registrar (NASDAQ:TROW)
voiceregistrar.com - October 21 at 7:47 PM
capitalcube.com logoT. Rowe Price Group, Inc. : TROW-US: Dividend Analysis : September 15th, 2016 (record date) : By the numbers : October 21, 2016 (NASDAQ:TROW)
www.capitalcube.com - October 21 at 7:47 PM
News IconInstitutional Move From SEC: As Price T Rowe Group INC (TROW) Stock Value Declined, Cadence Capital ... - Chester News (NASDAQ:TROW)
www.chesterindependent.com - October 21 at 11:22 AM
News IconPay Close Attention To These Analyst Ratings: KLA-Tencor Corporation (NASDAQ:KLAC), T. Rowe Price Group, Inc ... - The Voice Registrar (NASDAQ:TROW)
voiceregistrar.com - October 20 at 8:02 PM
finance.yahoo.com logoGuide to T. Rowe Price Mid-Cap Growth Advisor Fund (PAMCX) (NASDAQ:TROW)
finance.yahoo.com - October 20 at 11:12 AM
zacks.com logoT. Rowe (TROW): Strong Industry, Solid Earnings Estimate Revisions (NASDAQ:TROW)
www.zacks.com - October 18 at 7:36 PM
finance.yahoo.com logoT Rowe Price Equity Income Fund Takes 2, Reduces 2 in 3rd Quarter (NASDAQ:TROW)
finance.yahoo.com - October 18 at 7:36 PM
wsj.com logo[$$] The Dying Business of Picking Stocks (NASDAQ:TROW)
www.wsj.com - October 18 at 9:11 AM
investornewswire.com logoWhat Is Rating Of T. Rowe Price Group, Inc. (NASDAQ:TROW)? - Investor Newswire (NASDAQ:TROW)
www.investornewswire.com - October 16 at 7:31 PM
fool.com logoBuilding a Dividend Portfolio That Can Stand the Test of Time (NASDAQ:TROW)
www.fool.com - October 15 at 7:18 PM
News IconT. Rowe Price Group, Inc. (NASDAQ: TROW) – Is this large market cap stock undervalued? - The Daily Leicester (NASDAQ:TROW)
thedailyleicester.com - October 14 at 11:06 AM
News IconHigh Market Cap Stock of the Day – T. Rowe Price Group, Inc. (NASDAQ:TROW) (NASDAQ:TROW)
twincountynews.com - October 13 at 7:58 PM
News IconIn it for the Long Haul: Update on T. Rowe Price Group, Inc. (NASDAQ:TROW) - CSZ News (NASDAQ:TROW)
cincysportszone.com - October 12 at 7:45 PM
News IconNoteworthy Analyst Ratings of Two Stocks Marsh & McLennan Companies, Inc. (NYSE:MMC), T. Rowe Price Group Inc ... - The Voice Registrar (NASDAQ:TROW)
voiceregistrar.com - October 11 at 9:40 AM
News IconT. Rowe Price Group Inc (NASDAQ:TROW) Analyst Estimates And Rating - The Independent Republic (NASDAQ:TROW)
theindependentrepublic.com - October 11 at 9:40 AM
News IconA look at a High Market Cap Stock: T. Rowe Price Group, Inc., TROW - The Daily Leicester (NASDAQ:TROW)
thedailyleicester.com - October 11 at 9:40 AM
istreetwire.com logo3 Notable Runners: T. Rowe Price Group, Inc. (TROW), Maxim ... - iStreetWire (NASDAQ:TROW)
istreetwire.com - October 9 at 9:17 AM
finance.yahoo.com logoDoes Joel Greenblatt's Magic Formula Have a Solution for Value Investors? (NASDAQ:TROW)
finance.yahoo.com - October 6 at 7:30 PM
thestreet.com logo4 Blue-Chip Stocks With Attractive Dividends and Ugly Charts (NASDAQ:TROW)
www.thestreet.com - October 6 at 9:19 AM
blogs.barrons.com logoJanus-Henderson Deal: Do Growth Forecasts Add Up? (NASDAQ:TROW)
blogs.barrons.com - October 4 at 7:14 PM
News IconFilings Worth Watching: Maryland Capital Management Has Trimmed Its T Rowe Price Group (TROW) Position by ... - Chester News (NASDAQ:TROW)
www.chesterindependent.com - October 3 at 9:52 AM
News Icon2 Stocks Attracting Analyst Attention: T. Rowe Price Group Inc (NASDAQ:TROW), Blackstone Group LP (NYSE:BX) - The Voice Registrar (NASDAQ:TROW)
voiceregistrar.com - September 30 at 7:02 PM
News IconT. Rowe Price Group, Inc. (NASDAQ:TROW) Updated Broker Price Targets - The De Soto Edge (NASDAQ:TROW)
desotoedge.com - September 29 at 7:41 PM
thestreet.com logo5 Ways Millennials Can Silence Their Financial Critics Forever (NASDAQ:TROW)
www.thestreet.com - September 29 at 7:41 PM
News IconEye-Catching Stocks: Fastenal Company (NASDAQ:FAST), T. Rowe Price Group Inc (NASDAQ:TROW) - NYSE Journal (press release) (NASDAQ:TROW)
stockznews.com - September 28 at 9:19 AM
seekingalpha.com logoWhy Fight Severe Headwinds? - Seeking Alpha (NASDAQ:TROW)
seekingalpha.com - September 28 at 9:19 AM
marketnewsvideo.com logoThe New #33 Most Shorted S&P 500 Component: T Rowe Price Group (NASDAQ:TROW)
www.marketnewsvideo.com - September 27 at 7:43 PM
seekingalpha.com logoT. Rowe Price: A Preeminent Financial Services Dividend Firm (NASDAQ:TROW)
seekingalpha.com - September 27 at 7:43 PM
News IconTop Gainers of the Day: T. Rowe Price Group, Inc. (NASDAQ:TROW) from Asset Management (NASDAQ:TROW)
twincountynews.com - September 27 at 11:44 AM
finance.yahoo.com logo4 Zacks Rank #1 T. Rowe Price Mutual Funds to Consider (NASDAQ:TROW)
finance.yahoo.com - September 27 at 11:44 AM


T. Rowe Price Group (NASDAQ:TROW) Chart for Friday, October, 28, 2016

Last Updated on 10/28/2016 by MarketBeat.com Staff