S&P 500   3,671.47 (+0.07%)
DOW   29,986.22 (+0.34%)
QQQ   304.26 (+0.13%)
AAPL   123.50 (+0.34%)
MSFT   215.17 (-0.09%)
FB   287.22 (-0.10%)
GOOGL   1,824.38 (-0.03%)
AMZN   3,204.92 (+0.04%)
TSLA   589.90 (+3.71%)
NVDA   543.31 (+0.28%)
BABA   264.00 (+1.03%)
CGC   28.25 (+0.25%)
GE   10.46 (+0.29%)
MU   70.42 (+1.90%)
AMD   93.75 (+0.01%)
T   29.02 (-0.24%)
NIO   47.76 (-0.46%)
F   9.25 (+0.54%)
ACB   11.09 (+1.28%)
NFLX   504.10 (+0.14%)
BA   228.50 (+2.08%)
GILD   61.00 (-0.21%)
DIS   153.51 (-0.07%)
S&P 500   3,671.47 (+0.07%)
DOW   29,986.22 (+0.34%)
QQQ   304.26 (+0.13%)
AAPL   123.50 (+0.34%)
MSFT   215.17 (-0.09%)
FB   287.22 (-0.10%)
GOOGL   1,824.38 (-0.03%)
AMZN   3,204.92 (+0.04%)
TSLA   589.90 (+3.71%)
NVDA   543.31 (+0.28%)
BABA   264.00 (+1.03%)
CGC   28.25 (+0.25%)
GE   10.46 (+0.29%)
MU   70.42 (+1.90%)
AMD   93.75 (+0.01%)
T   29.02 (-0.24%)
NIO   47.76 (-0.46%)
F   9.25 (+0.54%)
ACB   11.09 (+1.28%)
NFLX   504.10 (+0.14%)
BA   228.50 (+2.08%)
GILD   61.00 (-0.21%)
DIS   153.51 (-0.07%)
S&P 500   3,671.47 (+0.07%)
DOW   29,986.22 (+0.34%)
QQQ   304.26 (+0.13%)
AAPL   123.50 (+0.34%)
MSFT   215.17 (-0.09%)
FB   287.22 (-0.10%)
GOOGL   1,824.38 (-0.03%)
AMZN   3,204.92 (+0.04%)
TSLA   589.90 (+3.71%)
NVDA   543.31 (+0.28%)
BABA   264.00 (+1.03%)
CGC   28.25 (+0.25%)
GE   10.46 (+0.29%)
MU   70.42 (+1.90%)
AMD   93.75 (+0.01%)
T   29.02 (-0.24%)
NIO   47.76 (-0.46%)
F   9.25 (+0.54%)
ACB   11.09 (+1.28%)
NFLX   504.10 (+0.14%)
BA   228.50 (+2.08%)
GILD   61.00 (-0.21%)
DIS   153.51 (-0.07%)
S&P 500   3,671.47 (+0.07%)
DOW   29,986.22 (+0.34%)
QQQ   304.26 (+0.13%)
AAPL   123.50 (+0.34%)
MSFT   215.17 (-0.09%)
FB   287.22 (-0.10%)
GOOGL   1,824.38 (-0.03%)
AMZN   3,204.92 (+0.04%)
TSLA   589.90 (+3.71%)
NVDA   543.31 (+0.28%)
BABA   264.00 (+1.03%)
CGC   28.25 (+0.25%)
GE   10.46 (+0.29%)
MU   70.42 (+1.90%)
AMD   93.75 (+0.01%)
T   29.02 (-0.24%)
NIO   47.76 (-0.46%)
F   9.25 (+0.54%)
ACB   11.09 (+1.28%)
NFLX   504.10 (+0.14%)
BA   228.50 (+2.08%)
GILD   61.00 (-0.21%)
DIS   153.51 (-0.07%)
Log in
NASDAQ:TROW

T. Rowe Price Group Stock Forecast, Price & News

$146.86
+1.36 (+0.93 %)
(As of 12/3/2020 09:33 AM ET)
Add
Compare
Today's Range
$145.01
Now: $146.86
$146.86
50-Day Range
$126.66
MA: $140.51
$148.10
52-Week Range
$82.51
Now: $146.86
$148.88
Volume246 shs
Average Volume1.34 million shs
Market Capitalization$33.25 billion
P/E Ratio17.42
Dividend Yield2.47%
Beta1.15
T. Rowe Price Group, Inc. is a publicly owned investment manager. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. It launches and manages equity and fixed income mutual funds. The firm invests in the public equity and fixed income markets across the globe. It employs fundamental and quantitative analysis with a bottom-up approach. The firm utilizes in-house and external research to make its investments. It employs socially responsible investing with a focus on environmental, social, and governance issues. It makes investment in late-stage venture capital transactions and usually invests between $3 million and $5 million. The firm was previously known as T. Rowe Group, Inc. and T. Rowe Price Associates, Inc. T. Rowe Price Group, Inc. was founded in 1937 and is based in Baltimore, Maryland, with additional offices in Colorado Springs, Colorado; Owings Mills, Maryland; San Francisco, California; Tampa, Florida; Toronto, Ontario; Hellerup, Denmark; Amsterdam, The Netherlands; Luxembourg, Grand Duchy of Luxembourg; Zurich, Switzerland; Dubai, United Arab Emirates; London, United Kingdom; Sydney, New South Wales; Hong Kong; Tokyo, Japan; Singapore; Frankfurt, Germany, Madrid, Spain, Milan, Italy, Stockholm, Sweden, Melbourne, Australia, and Amsterdam, Netherlands.
T. Rowe Price Group logo

Beat the Market (BTM) Rank

Analyst Opinion: 0.9Community Rank: 2.0Dividend Strength: 4.2Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.25 out of 5 stars


Industry, Sector and Symbol

Industry Security & commodity brokers, dealers, exchanges & services
Sub-IndustryAsset Management & Custody Banks
SectorFinance
Current SymbolNASDAQ:TROW
CUSIP74144T10
Phone410-345-2000
Employees7,527

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$5.62 billion
Cash Flow$9.44 per share
Book Value$30.39 per share

Profitability

Net Income$2.13 billion

Miscellaneous

Market Cap$33.25 billion
Next Earnings Date2/3/2021 (Estimated)
OptionableOptionable
$146.86
+1.36 (+0.93 %)
(As of 12/3/2020 09:33 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive TROW News and Ratings via Email

Sign-up to receive the latest news and ratings for TROW and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











T. Rowe Price Group (NASDAQ:TROW) Frequently Asked Questions

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

T. Rowe Price Group's stock was trading at $105.52 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, TROW stock has increased by 38.8% and is now trading at $146.51.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of T. Rowe Price Group?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for T. Rowe Price Group in the last year. There are currently 3 sell ratings, 6 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for T. Rowe Price Group
or view MarketBeat's top 5 stock picks.

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 short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but T. Rowe Price Group wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

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

T. Rowe Price Group is scheduled to release its next quarterly earnings announcement on Wednesday, February 3rd 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) released its quarterly earnings results on Thursday, October, 29th. The asset manager reported $2.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.53 by $0.02. The asset manager had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.57 billion. T. Rowe Price Group had a return on equity of 29.65% and a net margin of 35.05%. The company's revenue for the quarter was up 11.9% on a year-over-year basis. During the same period in the prior year, the business posted $2.13 EPS.
View T. Rowe Price Group's earnings history
.

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 Wednesday, October 28th. Stockholders of record on Tuesday, December 15th will be given a dividend of $0.90 per share on Wednesday, December 30th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 2.46%. The ex-dividend date of this dividend is Monday, December 14th.
View T. Rowe Price Group's dividend history
.

What price target have analysts set for TROW?

10 brokers have issued twelve-month price targets for T. Rowe Price Group's shares. Their forecasts range from $78.00 to $154.00. On average, they anticipate T. Rowe Price Group's stock price to reach $123.73 in the next twelve months. This suggests that the stock has a possible downside of 15.6%.
View analysts' price targets for T. Rowe Price Group
.

Are investors shorting T. Rowe Price Group?

T. Rowe Price Group saw a drop in short interest during the month of October. As of October 30th, there was short interest totaling 5,230,000 shares, a drop of 13.3% from the October 15th total of 6,030,000 shares. Based on an average daily trading volume, of 1,070,000 shares, the short-interest ratio is currently 4.9 days. Approximately 2.3% of the shares of the company are short sold.
View T. Rowe Price Group's Short Interest
.

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).

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

T. Rowe Price Group's management team includes the following people:
  • Mr. William J. Stromberg C.F.A., CFA, Chairman, CEO & Pres (Age 60, Pay $8.94M)
  • Ms. Céline S. Dufétel, CFO, Treasurer & VP (Age 39, Pay $3.98M)
  • Mr. Robert W. Sharps C.F.A., CPA, CFA, CPA, Head of Investments, Group Chief Investment Officer & VP (Age 49, Pay $9.14M)
  • Mr. Christopher David Alderson, Co-Head of Global Equity & VP (Age 58, Pay $7.54M)
  • Mr. Eric L. Veiel, Co-head of Global Equity, Head of US Equity & VP (Age 48, Pay $7.44M)
  • Ms. Jessica M. Hiebler, Principal Accounting Officer & VP (Age 44)
  • Mr. Nigel K. Faulkner, CTO & Head of Global Technology
  • Ms. Teresa Whitaker, Investor Relations Mang.
  • Mr. David S. Oestreicher Esq., J.D., Chief Legal Counsel, Corp. Sec. & VP (Age 53)
  • Mr. Edward F. Giltenan, Head of Global PR & VP

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 many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.45%), State Street Corp (5.14%), JPMorgan Chase & Co. (3.77%), Massachusetts Financial Services Co. MA (1.47%), Charles Schwab Investment Management Inc. (1.28%) and UBS Asset Management Americas Inc. (1.03%). Company insiders that own T. Rowe Price Group stock include Andrew C Mccormick, Christopher D Alderson, David Oestreicher, Edward C Bernard, Jessica M Hiebler, Mary K Bush, Robert CT Higginbotham, Robert F Maclellan, Scott B David, Sebastien Page and W Sharps Robert.
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 JPMorgan Chase & Co., State Street Corp, Achmea Investment Management B.V., Avalon Investment & Advisory, ProShare Advisors LLC, New York State Common Retirement Fund, Xponance Inc., and BP PLC. Company insiders that have sold T. Rowe Price Group company stock in the last year include Andrew C Mccormick, Christopher D Alderson, David Oestreicher, Jessica M Hiebler, Mary K Bush, Robert F Maclellan, and W Sharps Robert.
View insider buying and selling activity for T. Rowe Price Group
.

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

TROW stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Epoch Investment Partners Inc., Allianz Asset Management GmbH, Robeco Institutional Asset Management B.V., AQR Capital Management LLC, Jupiter Asset Management Ltd., UBS Asset Management Americas Inc., and Morgan Stanley.
View insider buying and selling activity for T. Rowe Price Group
.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

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

One share of TROW stock can currently be purchased for approximately $146.51.

How big of a company is T. Rowe Price Group?

T. Rowe Price Group has a market capitalization of $33.17 billion and generates $5.62 billion in revenue each year. The asset manager earns $2.13 billion in net income (profit) each year or $8.07 on an earnings per share basis. T. Rowe Price Group employs 7,527 workers across the globe.

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

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

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 12/3/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.