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: $65.92
  • 50 Day Moving Average: $68.46
  • 200 Day Moving Average: $72.36
  • 52-Week Range: $248,552,000.00 - $63.57
  • Trailing P/E Ratio: 15.88
  • Foreward P/E Ratio: 13.65
  • P/E Growth: 2.01
  • Market Cap: $16.38B
  • Outstanding Shares: 248,552,000
  • Beta: 1.18
Profitability:
  • Net Margins: 25.77%
  • Return on Equity: 22.25%
  • Return on Assets: 20.17%
Debt:
  • 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: $74.57 (13.12% upside)

Analysts' Ratings History for T. Rowe Price Group (NASDAQ:TROW)
Show:
DateFirmActionRatingPrice TargetDetails
9/9/2016Deutsche Bank AGBoost Price TargetHold$71.00 -> $74.00View Rating Details
8/24/2016Barclays PLCLower Price TargetEqual Weight$76.00 -> $72.00View Rating Details
7/28/2016Morgan StanleyLower Price TargetEqual Weight$74.00 -> $71.00View Rating Details
7/27/2016Keefe, Bruyette & WoodsLower Price TargetMarket Perform$81.00 -> $75.00View 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
4/12/2016Jefferies GroupBoost Price Target$83.00View 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 9/25/2014 forward)

Earnings

Earnings History for T. Rowe Price Group (NASDAQ:TROW)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/20/2016        
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)

Estimates

Earnings Estimates for T. Rowe Price Group (NASDAQ:TROW)
Current Year EPS Consensus Estimate: $4.62 EPS
Next Year EPS Consensus Estimate: $4.83 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$1.12$1.17$1.15
Q4 20163$1.19$1.22$1.20
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for T. Rowe Price Group (NASDAQ:TROW)
Annual Dividend:$2.16
Dividend Yield:3.28%
Dividend Growth:15.20% (3 Year Average)
Payout Ratio:52.17% (Based on Trailing 12 Months of Earnings)
46.75% (Based on Current Year Consensus EPS Estimate)
44.72% (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
8/24/2016quarterly$0.543.13%9/13/20169/15/20169/29/2016
4/27/2016quarterly$0.542.85%6/13/20166/15/20166/29/2016
2/17/2016quarterly$0.543.11%3/14/20163/16/20163/30/2016
10/21/2015quarterly$0.522.8%12/14/201512/16/201512/30/2015
8/13/2015quarterly$0.522.73%9/11/20159/15/20159/29/2015
4/23/2015quarterly$0.522.52%6/11/20156/15/20156/29/2015
2/20/2015quarterly$0.522.49%3/12/20153/16/20153/30/2015
2/19/2015special$2.002.49%4/7/20154/9/20154/23/2015
10/22/2014quarterly$0.442.28%12/12/201412/16/201412/30/2014
6/19/2014quarterly$0.442.11%9/11/20149/15/20149/29/2014
4/24/2014quarterly$0.442.16%6/11/20146/13/20146/27/2014
2/19/2014quarterly$0.442.2%3/12/20143/14/20143/28/2014
10/23/2013quarterly$0.382.01%12/12/201312/16/201312/27/2013
6/20/2013quarterly$0.382.11%9/11/20139/13/20139/27/2013
4/23/2013quarterly$0.382.09%6/11/20136/13/20136/27/2013
2/21/2013quarterly$0.382.11%3/11/20133/13/20133/27/2013
12/6/2012special$1.0012/17/201212/28/2012
(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: 70.22%
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)

Headlines

Latest Headlines for T. Rowe Price Group (NASDAQ:TROW)
DateHeadline
sg.finance.yahoo.com logoHow to talk to your kids about college costs (NASDAQ:TROW)
sg.finance.yahoo.com - September 25 at 6:34 PM
thestreet.com logoKids, Parents Differ on Paying for College (NASDAQ:TROW)
www.thestreet.com - September 22 at 7:25 PM
News IconToday's Top Gainers in the Market T. Rowe Price Group, Inc. (NASDAQ:TROW) from Financial - The Daily Leicester (NASDAQ:TROW)
thedailyleicester.com - September 22 at 8:55 AM
News IconAnalysts Valuations For Two Stocks: Western Digital Corp (NASDAQ:WDC), T. Rowe Price Group Inc (NASDAQ:TROW) - The Voice Registrar (NASDAQ:TROW)
voiceregistrar.com - September 20 at 4:49 PM
seekingalpha.com logoRecent Stock Purchase II September 2016 - Seeking Alpha (NASDAQ:TROW)
seekingalpha.com - September 19 at 7:40 PM
News IconStock's Trend Analysis Report: Schnitzer Steel Industries, Inc ... - NYSE Journal (press release) (NASDAQ:TROW)
stockznews.com - September 19 at 7:40 PM
News IconT. Rowe Price Group Inc.: Why TROW Stock A Solid Dividend Play (NASDAQ:TROW)
investorsbuz.com - September 18 at 8:53 AM
News Icon2 Sizzling Hot Financial Stocks: Umpqua Holdings Corporation (UMPQ), T. Rowe Price Group, Inc. (TROW) - The Independent Republic (NASDAQ:TROW)
theindependentrepublic.com - September 16 at 7:28 PM
investors.com logoT. Rowe Price Group Inc.: Why TROW Stock Is A Solid Dividend Play - Income Investors (NASDAQ:TROW)
www.incomeinvestors.com - September 16 at 7:28 PM
bizjournals.com logoT. Rowe Chair Brian Rogers would have supported any Republican candidate except Donald Trump (NASDAQ:TROW)
www.bizjournals.com - September 15 at 7:51 PM
News IconIs T. Rowe Price Group, Inc. (NASDAQ:TROW), a large market cap stock a smart buy? (NASDAQ:TROW)
twincountynews.com - September 15 at 11:29 AM
investornewswire.com logoT. Rowe Price Group, Inc. (NASDAQ:TROW) EPS Projection At $1.21 - Investor Newswire (NASDAQ:TROW)
www.investornewswire.com - September 14 at 12:07 PM
nasdaq.com logoT. Rowe Price Group, Inc. (TROW) Ex-Dividend Date Scheduled for September 13, 2016 - Nasdaq (NASDAQ:TROW)
www.nasdaq.com - September 14 at 12:07 PM
News IconAnalysts At Deutsche Bank Reiterated T. Rowe Price Group Inc (NASDAQ:TROW) As Hold (NASDAQ:TROW)
www.nationaldailypress.com - September 10 at 6:51 PM
News IconStock Valuation Recap for T. Rowe Price Group, Inc. (NASDAQ:TROW) - Post News (NASDAQ:TROW)
www.kentuckypostnews.com - September 9 at 7:22 PM
finance.yahoo.com logoGuide to T. Rowe Price Growth & Income Fund (PRGIX) (NASDAQ:TROW)
finance.yahoo.com - September 9 at 7:22 PM
finance.yahoo.com logoHow is T. Rowe Price Personal Strategy Income Fund (PRSIX) Performing? (NASDAQ:TROW)
finance.yahoo.com - September 9 at 7:22 PM
finance.yahoo.com logoT. Rowe Price Well Poised for Growth, Costs Remain a Worry (NASDAQ:TROW)
finance.yahoo.com - September 9 at 7:22 PM
News IconLong Term Growth Stock in Review: T. Rowe Price Group, Inc. (NASDAQ:TROW) - National Daily Press (NASDAQ:TROW)
www.nationaldailypress.com - September 9 at 9:01 AM
4-traders.com logoT Rowe Price : Hunter Associates Investment Management Lowers stake in T. Rowe Price Group Inc (TROW) (NASDAQ:TROW)
www.4-traders.com - September 8 at 11:38 AM
News IconUpdate on T. Rowe Price Group, Inc. (NASDAQ:TROW) for the day (NASDAQ:TROW)
twincountynews.com - September 8 at 11:38 AM
News IconA look at a High Market Cap Stock: T. Rowe Price Group, Inc., TROW ... - The Daily Leicester (NASDAQ:TROW)
thedailyleicester.com - September 2 at 10:40 AM
News IconAnalysts Valuations For Two Stocks: T. Rowe Price Group Inc (NASDAQ:TROW), Kroger Co (NYSE:KR) - The Voice Registrar (NASDAQ:TROW)
voiceregistrar.com - September 2 at 10:40 AM
News IconWhich way T. Rowe Price Group, Inc. (NASDAQ:TROW) earnings may go - The Voice Registrar (NASDAQ:TROW)
voiceregistrar.com - September 2 at 10:40 AM
marketrealist.com logoT. Rowe Price’s Spending Trajectory Could Result in Improvements (NASDAQ:TROW)
marketrealist.com - August 30 at 7:40 PM
marketrealist.com logoT. Rowe Price Rewarding Shareholders despite Lower Cash Flows (NASDAQ:TROW)
marketrealist.com - August 30 at 7:40 PM
marketrealist.com logoWhat’s Driving T. Rowe Price’s Revenues? (NASDAQ:TROW)
marketrealist.com - August 30 at 7:40 PM
News IconStock Focus: T. Rowe Price Group, Inc. (NASDAQ:TROW) Short Term PT Update - Post News (NASDAQ:TROW)
www.kentuckypostnews.com - August 30 at 11:12 AM
News IconAnalysts Valuations For Two Stocks: T. Rowe Price Group Inc (NASDAQ:TROW), Concho Resources Inc (NYSE:CXO) - The Voice Registrar (NASDAQ:TROW)
voiceregistrar.com - August 30 at 11:12 AM
News IconRowe Price Group, Inc. (NASDAQ:TROW) Becomes A Growth Company (NASDAQ:TROW)
magseriesusa.net - August 29 at 7:47 PM
marketrealist.com logoHow an Interest Rate Hike Could Impact Affiliated Managers (NASDAQ:TROW)
marketrealist.com - August 29 at 7:47 PM
News IconAnalysts Valuations For Two Stocks: T. Rowe Price Group Inc (NASDAQ:TROW), CME Group Inc (NASDAQ:CME) - The Voice Registrar (NASDAQ:TROW)
voiceregistrar.com - August 29 at 9:25 AM
finance.yahoo.com logoThe Right Way to Give your Kid an Allowance (NASDAQ:TROW)
finance.yahoo.com - August 26 at 10:47 AM
finance.yahoo.com logoIs T. Rowe Price Personal Strategy Balanced Fund (TRPBX) Worth Another Look? (NASDAQ:TROW)
finance.yahoo.com - August 25 at 9:28 AM
finance.yahoo.com logoGuide to T. Rowe Price MD Tax-Free Bond Fund (MDXBX) (NASDAQ:TROW)
finance.yahoo.com - August 25 at 9:28 AM
finance.yahoo.com logoT. Rowe Price Group Declares Quarterly Dividend (NASDAQ:TROW)
finance.yahoo.com - August 24 at 7:37 PM
News IconT. Rowe Price Group, Inc. (NASDAQ:TROW) from Asset Management – Todays Top Gains (NASDAQ:TROW)
twincountynews.com - August 24 at 7:37 PM
prnewswire.com logoT. Rowe Price Group Declares Quarterly Dividend - PR Newswire (press release) (NASDAQ:TROW)
www.prnewswire.com - August 24 at 10:56 AM
publicnow.com logoT. Rowe Price Launches New Canadian Pooled Investment Vehicle Within Global Focused Growth Equity Strategy (NASDAQ:TROW)
www.publicnow.com - August 24 at 10:56 AM
feeds.reuters.com logoBRIEF-T. Rowe Price Group declares quarterly dividend of $0.54/share (NASDAQ:TROW)
feeds.reuters.com - August 24 at 9:02 AM
News IconT. Rowe Price Group, Inc. (NASDAQ:TROW) To Report September 2016 Results - The Voice Registrar (NASDAQ:TROW)
voiceregistrar.com - August 22 at 7:46 PM
finance.yahoo.com logoGuide to T. Rowe Price QM US Small-Cap Growth Equity Fund (PRDSX) (NASDAQ:TROW)
finance.yahoo.com - August 22 at 7:46 PM
wsj.com logoT. Rowe Price Sues Valeant, Alleging 'Fraudulent Scheme' - Wall Street Journal (NASDAQ:TROW)
www.wsj.com - August 20 at 11:51 AM
investopedia.com logoT. Rowe Price Sues Valeant Pharmaceuticals For Fraud (TROW, VRX) (NASDAQ:TROW)
www.investopedia.com - August 19 at 7:46 PM
finance.yahoo.com logoTROW: Is this Dividend Aristocrat, with No Long-Term Debt, Fairly-Valued or Under-Valued? (NASDAQ:TROW)
finance.yahoo.com - August 19 at 7:46 PM
finance.yahoo.com logoCompany News for August 19, 2016 (NASDAQ:TROW)
finance.yahoo.com - August 19 at 10:49 AM
reuters.com logoT. Rowe Price sues Valeant over 'fraudulent scheme' (NASDAQ:TROW)
ca.reuters.com - August 18 at 8:06 PM
finance.yahoo.com logoMaris: VRX lawsuit is pretty critical (NASDAQ:TROW)
finance.yahoo.com - August 18 at 8:06 PM
finance.yahoo.com logoNew hurdle for Valeant (NASDAQ:TROW)
finance.yahoo.com - August 18 at 8:06 PM
marketwatch.com logoValeant sued by T. Rowe Price, claiming fraud (NASDAQ:TROW)
www.marketwatch.com - August 18 at 8:06 PM

Social

T. Rowe Price Group (NASDAQ:TROW) Chart for Sunday, September, 25, 2016


Last Updated on 9/25/2016 by MarketBeat.com Staff