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

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$93.92 -1.35 (-1.42 %)
(As of 01/17/2019 11:38 AM ET)
Previous Close$95.27
Today's Range$93.35 - $95.15
52-Week Range$84.59 - $127.43
Volume28,151 shs
Average Volume1.55 million shs
Market Capitalization$22.32 billion
P/E Ratio17.29
Dividend Yield3.02%
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.

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Industry, Sector and Symbol

Industry Security & commodity brokers, dealers, exchanges & services
Sub-IndustryAsset Management & Custody Banks
Current SymbolNASDAQ:TROW


Current Ratio3.18
Quick Ratio3.18


Sales & Book Value

Annual Sales$4.79 billion
Price / Sales4.72
Cash Flow$6.2865 per share
Price / Cash Flow14.94
Book Value$24.04 per share
Price / Book3.91


Net Income$1.50 billion
Net Margins33.98%
Return on Assets22.91%


Market Cap$22.32 billion

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

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

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

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

T. Rowe Price Group declared a quarterly dividend on Wednesday, October 24th. Investors of record on Friday, December 14th will be paid a dividend of $0.70 per share on Friday, December 28th. This represents a $2.80 annualized dividend and a dividend yield of 2.98%. The ex-dividend date of this dividend is Thursday, December 13th. View T. Rowe Price Group's Dividend History.

How will T. Rowe Price Group's stock buyback program work?

T. Rowe Price Group announced that its Board of Directors has initiated a stock repurchase 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 buy shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company's leadership believes its stock is undervalued.

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

T. Rowe Price Group Inc (NASDAQ:TROW) issued its quarterly earnings results on Thursday, October, 25th. The asset manager reported $2.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.93 by $0.37. The asset manager earned $1.39 billion during the quarter, compared to analyst estimates of $1.38 billion. T. Rowe Price Group had a return on equity of 29.52% and a net margin of 33.98%. During the same quarter in the previous year, the company earned $1.56 EPS. View T. Rowe Price Group's Earnings History.

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

T. Rowe Price Group is scheduled to release their next quarterly earnings announcement on Tuesday, January 29th 2019. View Earnings Estimates for T. Rowe Price Group.

What price target have analysts set for TROW?

10 brokers have issued 12-month price targets for T. Rowe Price Group's shares. Their predictions range from $93.00 to $121.00. On average, they expect T. Rowe Price Group's share price to reach $103.5556 in the next twelve months. This suggests a possible upside of 10.3% from the stock's current price. View Analyst Price Targets for T. Rowe Price Group.

What is the consensus analysts' recommendation for 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 1 sell rating, 7 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for T. Rowe Price Group.

Has T. Rowe Price Group been receiving favorable news coverage?

Press coverage about TROW stock has trended positive recently, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. T. Rowe Price Group earned a news impact score of 2.6 on InfoTrie's scale. They also assigned news headlines about the asset manager a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an impact on the stock's share price in the near term.

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

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

T. Rowe Price Group's management team includes the folowing people:
  • Mr. William J. Stromberg CFA, Pres, CEO & Director (Age 59)
  • Mr. Robert W. Sharps CFA, Head of Investments, Group Chief Investment Officer & VP (Age 48)
  • Mr. Christopher David Alderson, Co-Head of Global Equity, Head of International Equity & VP (Age 57)
  • Ms. Céline Dufétel, CFO & Head of CFO Group (Age 37)
  • Ms. Jessica M. Hiebler, Principal Accounting Officer & VP (Age 43)

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

T. Rowe Price Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include Fenimore Asset Management Inc. (0.16%), Confluence Investment Management LLC (0.08%), Sit Investment Associates Inc. (0.07%), KAMES CAPITAL plc (0.04%), Rockland Trust Co. (0.04%) and DNB Asset Management AS (0.04%). Company insiders that own T. Rowe Price Group stock include Anne M Whittemore, Christopher D Alderson, David Oestreicher, Edward A Wiese, Freeman A Hrabowski III, Jessica M Hiebler, Kenneth V Moreland, Robert F Maclellan, 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 KAMES CAPITAL plc, Sit Investment Associates Inc., Gulf International Bank UK Ltd, Moreno Evelyn V, Pennsylvania Trust Co, Louisiana State Employees Retirement System, Cullinan Associates Inc. and Cobiz Wealth LLC. Company insiders that have sold T. Rowe Price Group company stock in the last year include Christopher D Alderson, Edward A Wiese, Freeman A Hrabowski III, Robert F Maclellan, W Sharps Robert and William J Stromberg. View Insider Buying and Selling for T. Rowe Price Group.

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

TROW stock was acquired by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Strategic Wealth Management Group LLC, Bright Rock Capital Management LLC, Confluence Investment Management LLC, Rockland Trust Co., Broadleaf Partners LLC, State of Alaska Department of Revenue and Cape Cod Five Cents Savings Bank. View Insider Buying and Selling 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, Scottrade, 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 $93.92.

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

T. Rowe Price Group has a market capitalization of $22.32 billion and generates $4.79 billion in revenue each year. The asset manager earns $1.50 billion in net income (profit) each year or $5.43 on an earnings per share basis. T. Rowe Price Group employs 6,881 workers across the globe.

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

The official website for T. Rowe Price Group is

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.

MarketBeat Community Rating for T. Rowe Price Group (NASDAQ TROW)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  466 (Vote Outperform)
Underperform Votes:  693 (Vote Underperform)
Total Votes:  1,159
MarketBeat's community ratings are surveys of what our community members think about T. Rowe Price Group and other stocks. Vote "Outperform" if you believe TROW will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TROW will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/17/2019 by Staff

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