NASDAQ:TROW

T. Rowe Price Group Stock Forecast, Price & News

$215.04
-0.07 (-0.03 %)
(As of 09/16/2021 12:21 PM ET)
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Today's Range
$213.35
$215.71
50-Day Range
$197.44
$223.87
52-Week Range
$121.58
$224.55
Volume6,851 shs
Average Volume1.03 million shs
Market Capitalization$48.80 billion
P/E Ratio16.95
Dividend Yield2.03%
Beta1.18
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T. Rowe Price Group logo

About T. Rowe Price Group

T. Rowe Price Group, Inc. is a financial services holding company, which engages in the provision of investment management services through its subsidiaries. It provides an array of company sponsored U.S. mutual funds, other sponsored pooled investment vehicles, sub advisory services, separate account management, recordkeeping, and related services to individuals, advisors, institutions, financial intermediaries, and retirement plan sponsors. The company was founded by Thomas Rowe Price Jr. in 1937 and is headquartered in Baltimore, MD.

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MarketRank

Overall MarketRank

2.27 out of 5 stars

Finance Sector

410th out of 1,329 stocks

Security & Commodity Brokers, Dealers, Exchanges & Services Industry

7th out of 13 stocks

Analyst Opinion: 2.0Community Rank: 3.7Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 0.6 5 -4 -3 -2 -1 -
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T. Rowe Price Group (NASDAQ:TROW) Frequently Asked Questions

Is T. Rowe Price Group a buy right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for T. Rowe Price Group in the last year. There are currently 2 sell ratings, 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" T. Rowe Price Group stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TROW, but not buy additional shares or sell existing shares.
View analyst ratings for T. Rowe Price Group
or view top-rated stocks.

What stocks does MarketBeat like better than T. Rowe Price Group?

Wall Street analysts have given T. Rowe Price Group a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but T. Rowe Price Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting T. Rowe Price Group?

T. Rowe Price Group saw a increase in short interest in the month of July. As of July 30th, there was short interest totaling 6,580,000 shares, an increase of 16.5% from the July 15th total of 5,650,000 shares. Based on an average daily volume of 976,600 shares, the days-to-cover ratio is currently 6.7 days. Approximately 2.9% of the shares of the stock are short sold.
View T. Rowe Price Group's Short Interest
.

When is T. Rowe Price Group's next earnings date?

T. Rowe Price Group is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for T. Rowe Price Group
.

How were T. Rowe Price Group's earnings last quarter?

T. Rowe Price Group, Inc. (NASDAQ:TROW) announced its quarterly earnings results on Thursday, July, 29th. The asset manager reported $3.31 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $3.20 by $0.11. The asset manager earned $1.93 billion during the quarter, compared to analyst estimates of $1.91 billion. T. Rowe Price Group had a net margin of 41.93% and a trailing twelve-month return on equity of 35.82%.
View T. Rowe Price Group's earnings history
.

How has T. Rowe Price Group's stock been impacted by COVID-19?

T. Rowe Price Group's stock was trading at $105.52 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, TROW stock has increased by 103.7% and is now trading at $214.99.
View which stocks have been most impacted by COVID-19
.

How often does T. Rowe Price Group pay dividends? What is the dividend yield for T. Rowe Price Group?

T. Rowe Price Group announced a quarterly dividend on Monday, August 2nd. Stockholders of record on Wednesday, September 15th will be given a dividend of $1.08 per share on Wednesday, September 29th. This represents a $4.32 dividend on an annualized basis and a yield of 2.01%. The ex-dividend date is Tuesday, September 14th.
View T. Rowe Price Group's dividend history
.

Is T. Rowe Price Group a good dividend stock?

T. Rowe Price Group pays an annual dividend of $4.32 per share and currently has a dividend yield of 2.03%. The dividend payout ratio of T. Rowe Price Group is 45.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, T. Rowe Price Group will have a dividend payout ratio of 32.31% next year. This indicates that T. Rowe Price Group will be able to sustain or increase its dividend.
View T. Rowe Price Group's dividend history.

What price target have analysts set for TROW?

10 analysts have issued 1 year target prices for T. Rowe Price Group's stock. Their forecasts range from $145.00 to $245.00. On average, they anticipate T. Rowe Price Group's share price to reach $185.60 in the next twelve months. This suggests that the stock has a possible downside of 13.7%.
View analysts' price targets for T. Rowe Price Group
or view top-rated stocks among Wall Street analysts.

Who are T. Rowe Price Group's key executives?

T. Rowe Price Group's management team includes the following people:
  • Bill Stromberg, Chairman & Chief Executive Officer
  • Rob Sharps, President & Group Chief Investment Officer
  • Robert Charles Trant Higginbotham, Chief Operating Officer
  • Jennifer B. Dardis, Chief Financial Officer & Treasurer
  • Nigel K. Faulkner, Head-Global Technology

What is William J. Stromberg's approval rating as T. Rowe Price Group's CEO?

239 employees have rated T. Rowe Price Group CEO William J. Stromberg on Glassdoor.com. William J. Stromberg has an approval rating of 91% among T. Rowe Price Group's employees. This puts William J. Stromberg in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of T. Rowe Price Group's key competitors?

What other stocks do shareholders of T. Rowe Price Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other T. Rowe Price Group investors own include AT&T (T), Johnson & Johnson (JNJ), AbbVie (ABBV), Intel (INTC), Exxon Mobil (XOM), Cisco Systems (CSCO), PepsiCo (PEP), Verizon Communications (VZ), Walmart (WMT) and The Home Depot (HD).

What is T. Rowe Price Group's stock symbol?

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

Who are T. Rowe Price Group's major shareholders?

T. Rowe Price Group's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.69%), BlackRock Inc. (8.07%), State Street Corp (5.33%), JPMorgan Chase & Co. (3.76%), Geode Capital Management LLC (1.97%) and Charles Schwab Investment Management Inc. (1.35%). Company insiders that own T. Rowe Price Group stock include Andrew C Mccormick, Andrew Justin Mackenzi Thomson, Christopher D Alderson, David Oestreicher, Jessica M Hiebler, Mary K Bush, Robert F Maclellan, Sebastien Page, W Sharps Robert and William J Stromberg.
View institutional ownership trends for T. Rowe Price Group
.

Which institutional investors are selling T. Rowe Price Group stock?

TROW stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, BlackRock Inc., Los Angeles Capital Management LLC, Brandywine Global Investment Management LLC, Bank of Nova Scotia, AQR Capital Management LLC, UBS Asset Management Americas Inc., and Northern Trust Corp. Company insiders that have sold T. Rowe Price Group company stock in the last year include Andrew Justin Mackenzi Thomson, Christopher D Alderson, Jessica M Hiebler, Mary K Bush, Sebastien Page, W Sharps Robert, and William J Stromberg.
View insider buying and selling activity for T. Rowe Price Group
or view top insider-selling stocks.

Which institutional investors are buying T. Rowe Price Group stock?

TROW stock was purchased by a variety of institutional investors in the last quarter, including Amundi, Goldman Sachs Group Inc., Healthcare of Ontario Pension Plan Trust Fund, Charles Schwab Investment Management Inc., Natixis, State Street Corp, Bank of Montreal Can, and Alliancebernstein L.P..
View insider buying and selling activity for T. Rowe Price Group
or or view top insider-buying stocks.

How do I buy shares of 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is T. Rowe Price Group's stock price today?

One share of TROW stock can currently be purchased for approximately $214.99.

How much money does T. Rowe Price Group make?

T. Rowe Price Group has a market capitalization of $48.79 billion and generates $6.21 billion in revenue each year. The asset manager earns $2.37 billion in net income (profit) each year or $9.58 on an earnings per share basis.

How many employees does T. Rowe Price Group have?

T. Rowe Price Group employs 7,678 workers across the globe.

When was T. Rowe Price Group founded?

T. Rowe Price Group was founded in 1937.

What is T. Rowe Price Group's official website?

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

Where are T. Rowe Price Group's headquarters?

T. Rowe Price Group is headquartered at 100 EAST PRATT STREET, BALTIMORE MD, 21202.

How can I contact T. Rowe Price Group?

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.


This page was last updated on 9/16/2021 by MarketBeat.com Staff
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