T. Rowe Price Group Stock Price, News & Analysis (NASDAQ:TROW)

T. Rowe Price Group trades on the NASDAQ under the ticker symbol "TROW."

T. Rowe Price Group declared a quarterly dividend on Tuesday, August 20th. Investors of record on Friday, September 13th will be given a dividend of $0.76 per share on Friday, September 27th. This represents a $3.04 dividend on an annualized basis and a dividend yield of 2.78%. The ex-dividend date of this dividend is Thursday, September 12th. View T. Rowe Price Group's Dividend History.

T. Rowe Price Group declared that its Board of Directors has authorized a share buyback program on Thursday, April 26th 2018, which permits the company to repurchase 10,000,000 shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company's management believes its stock is undervalued.

T. Rowe Price Group Inc (NASDAQ:TROW) released its quarterly earnings results on Wednesday, July, 24th. The asset manager reported $2.03 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.88 by $0.15. The asset manager earned $1.40 billion during the quarter, compared to analyst estimates of $1.39 billion. T. Rowe Price Group had a return on equity of 28.80% and a net margin of 36.17%. The business's revenue was up 3.7% compared to the same quarter last year. During the same period last year, the business posted $1.87 earnings per share. View T. Rowe Price Group's Earnings History.

T. Rowe Price Group is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for T. Rowe Price Group.

13 Wall Street analysts have issued 12-month price objectives for T. Rowe Price Group's stock. Their forecasts range from $93.00 to $135.00. On average, they anticipate T. Rowe Price Group's stock price to reach $110.08 in the next year. This suggests a possible upside of 0.6% from the stock's current price. View Analyst Price Targets for T. Rowe Price Group.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for T. Rowe Price Group in the last year. There are currently 1 sell rating, 7 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for T. Rowe Price Group.

Media coverage about TROW stock has been trending somewhat negative on Saturday, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. T. Rowe Price Group earned a news impact score of -1.5 on InfoTrie's scale. They also gave media coverage about the asset manager a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for T. Rowe Price Group.

T. Rowe Price Group saw a decrease in short interest in the month of September. As of September 30th, there was short interest totalling 5,900,000 shares, a decrease of 12.3% from the August 30th total of 6,730,000 shares. Based on an average trading volume of 1,070,000 shares, the short-interest ratio is presently 5.5 days. Approximately 2.6% of the company's shares are sold short. View T. Rowe Price Group's Current Options Chain.

Some companies that are related to T. Rowe Price Group include CME Group (CME), Intercontinental Exchange (ICE), DEUTSCHE BOERSE/ADR (DBOEY), Nasdaq (NDAQ), Cboe Global Markets (CBOE), LPL Financial (LPLA), BGC Partners (BGCP), INTL Fcstone (INTL), OTC Markets Group (OTCM), Yintech Investment (YIN), National (NHLD), Global Brokerage (GLBR) and Primus Guaranty (PRSG).

Based on aggregate information from My MarketBeat watchlists, some companies that other T. Rowe Price Group investors own include Johnson & Johnson (JNJ), Exxon Mobil (XOM), AT&T (T), PepsiCo (PEP), Mcdonald's (MCD), Procter & Gamble (PG), AbbVie (ABBV), Walt Disney (DIS), Home Depot (HD) and Walmart (WMT).

T. Rowe Price Group's stock is owned by many different of retail and institutional investors. Top institutional shareholders include PGGM Investments (0.23%), Confluence Investment Management LLC (0.09%), Heritage Investors Management Corp (0.09%), Robeco Institutional Asset Management B.V. (0.08%), Envestnet Asset Management Inc. (0.06%) and Zurcher Kantonalbank Zurich Cantonalbank (0.05%). Company insiders that own T. Rowe Price Group stock include Christopher D Alderson, Edward A Wiese, Edward C Bernard, Freeman A Hrabowski III, Kenneth V Moreland, Mary K Bush, Robert CT Higginbotham, Robert F Maclellan, Scott B David, Sebastien Page, W Sharps Robert and William J Stromberg. View Institutional Ownership Trends for T. Rowe Price Group.

TROW stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Assenagon Asset Management S.A., Gateway Investment Advisers LLC, Envestnet Asset Management Inc., Pennsylvania Trust Co, Tuttle Tactical Management, Heritage Investors Management Corp and Cullinan Associates Inc.. Company insiders that have sold T. Rowe Price Group company stock in the last year include Christopher D Alderson, Edward C Bernard, Mary K Bush, Robert CT Higginbotham, Scott B David, Sebastien Page and W Sharps Robert. View Insider Buying and Selling for T. Rowe Price Group.

TROW stock was purchased by a variety of institutional investors in the last quarter, including PGGM Investments, Artemis Investment Management LLP, Zurcher Kantonalbank Zurich Cantonalbank , Winmill & CO. Inc., Robeco Institutional Asset Management B.V., Toth Financial Advisory Corp, Confluence Investment Management LLC and Commerzbank Aktiengesellschaft FI. View Insider Buying and Selling for T. Rowe Price Group.

Shares of TROW can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of TROW stock can currently be purchased for approximately $109.41.

T. Rowe Price Group has a market capitalization of $25.77 billion and generates $5.37 billion in revenue each year. The asset manager earns $1.84 billion in net income (profit) each year or $7.15 on an earnings per share basis. T. Rowe Price Group employs 7,022 workers across the globe.View Additional Information About T. Rowe Price Group.

The official website for T. Rowe Price Group is http://www.troweprice.com/.

T. Rowe Price Group's mailing address is 100 EAST PRATT STREET, BALTIMORE MD, 21202. The asset manager can be reached via phone at 410-345-2000.