S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
Is Gold Really Boring? (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
Is Gold Really Boring? (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Germany says Europe's largest economy is in 'troubled waters' and cuts its growth forecast
S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
Is Gold Really Boring? (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
Is Gold Really Boring? (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Germany says Europe's largest economy is in 'troubled waters' and cuts its growth forecast
S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
Is Gold Really Boring? (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
Is Gold Really Boring? (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Germany says Europe's largest economy is in 'troubled waters' and cuts its growth forecast
S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
Is Gold Really Boring? (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
Is Gold Really Boring? (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Germany says Europe's largest economy is in 'troubled waters' and cuts its growth forecast
NYSE:TRI

Thomson Reuters (TRI) Stock Price, News & Analysis

$156.95
-0.72 (-0.46%)
(As of 02/21/2024 ET)
Today's Range
$155.86
$158.40
50-Day Range
$138.85
$160.29
52-Week Range
$117.46
$161.57
Volume
387,951 shs
Average Volume
320,191 shs
Market Capitalization
$71.09 billion
P/E Ratio
26.88
Dividend Yield
1.38%
Price Target
$149.23

Thomson Reuters MarketRank™ Stock Analysis

Analyst Rating
Hold
2.23 Rating Score
Upside/​Downside
4.9% Downside
$149.23 Price Target
Short Interest
Healthy
1.22% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.33
Upright™ Environmental Score
News Sentiment
0.83mentions of Thomson Reuters in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.50%
From $3.58 to $3.92 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.88 out of 5 stars

Business Services Sector

86th out of 312 stocks

Miscellaneous Publishing Industry

1st out of 1 stocks


TRI stock logo

About Thomson Reuters Stock (NYSE:TRI)

Thomson Reuters Corporation engages in the provision of business information services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. The Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics to law firms and governments. The Corporates segment provides a suite of content-enabled technology solutions for legal, tax, regulatory, compliance, and IT professionals. The Tax & Accounting Professionals segment offers research and workflow products focusing on tax offerings and automating tax workflows to tax, accounting, and audit professionals in accounting firms. The Reuters News segment provides business, financial, and international news to media organizations, professional, and news consumers through Reuters News Agency, Reuters.com, Reuters Events, Thomson Reuters products, and to financial market professionals. The Global Print segment offers legal and tax information primarily in print format to legal and tax professionals, governments, law schools, and corporations. The company was formerly known as The Thomson Corporation and changed its name to Thomson Reuters Corporation in April 2008. The company was founded in 1851 and is based in Toronto, Canada. Thomson Reuters Corporation operates as a subsidiary of The Woodbridge Company Limited.

TRI Stock Price History

TRI Stock News Headlines

Thomson Reuters to host Investor Day in New York
Gold Could Be Heading for Record Highs - But How to Play It?
According to FX Empire, the gold forecast is now bullish, with support for a $3,000 target in 2024. The big question is how to play it. Some investors are discovering a unique gold investment alternative that sidesteps the major issues with gold mining stocks or physical gold.
Gold Could Be Heading for Record Highs - But How to Play It?
According to FX Empire, the gold forecast is now bullish, with support for a $3,000 target in 2024. The big question is how to play it. Some investors are discovering a unique gold investment alternative that sidesteps the major issues with gold mining stocks or physical gold.
Thomson Reuters price target raised by $12 at UBS, here's why
Thomson Reuters (TRI) Q4 Earnings Surpass Estimates
Commodities Wedge Pattern Should Lead to Huge Move
See More Headlines
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Company Calendar

Ex-Dividend for 12/15 Dividend
11/15/2023
Dividend Payable
12/15/2023
Last Earnings
2/08/2024
Ex-Dividend for 3/8 Dividend
2/20/2024
Today
2/22/2024
Dividend Payable
3/08/2024
Next Earnings (Estimated)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Miscellaneous publishing
Sub-Industry
Publishing
CUSIP
88490310
Employees
25,200
Year Founded
2008

Price Target and Rating

Average Stock Price Target
$149.23
High Stock Price Target
$201.00
Low Stock Price Target
$115.00
Potential Upside/Downside
-4.9%
Consensus Rating
Hold
Rating Score (0-4)
2.23
Research Coverage
13 Analysts

Profitability

Net Income
$2.70 billion
Pretax Margin
29.26%

Debt

Sales & Book Value

Annual Sales
$6.79 billion
Cash Flow
$5.17 per share
Book Value
$24.43 per share

Miscellaneous

Free Float
N/A
Market Cap
$71.09 billion
Optionable
Optionable
Beta
0.65

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Key Executives

  • Mr. Stephen John Hasker B.Com.Mr. Stephen John Hasker B.Com. (Age 54)
    M.B.A., President, CEO & Director
    Comp: $4.07M
  • Mr. Michael Eastwood (Age 57)
    Chief Financial Officer
    Comp: $1.88M
  • Ms. Kirsty Roth (Age 48)
    Chief Operations & Technology Officer
    Comp: $1.8M
  • Mr. David Wong (Age 39)
    Chief Product Officer
    Comp: $1.62M
  • Ms. Linda J. Walker
    Chief Accounting Officer, Senior VP & Controller
  • Mr. Gary Elftman Bisbee C.F.A.
    Head of Investor Relations
  • Ms. Norie C. Campbell
    Chief Legal Officer & Company Secretary
  • Mr. Alex Thompson
    Chief Communications Officer
  • Ms. Mary-Alice Vuicic (Age 55)
    Executive VP & Chief People Officer
    Comp: $462.61k
  • Ms. Carla Jones (Age 60)
    Chief of Staff

Should I Buy Thomson Reuters Stock? TRI Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Thomson Reuters was last updated on Thursday, February 15, 2024 at 10:20 AM.

Pros

Here are some ways that investors could benefit from investing in Thomson Reuters Co.:

  • Thomson Reuters Corporation engages in the provision of business information services globally, which can provide investors with valuable insights into various markets and industries.
  • Thomson Reuters Corporation has a long history, being founded in 1851, and is backed by The Woodbridge Company Limited, providing stability and credibility to investors.
  • Thomson Reuters Corporation operates in multiple regions, including the Americas, Europe, the Middle East, Africa, and Asia, allowing investors to diversify their portfolio geographically.
  • Thomson Reuters Corporation offers a wide range of products and services, catering to different industries and sectors, providing investors with opportunities in various markets.
  • Thomson Reuters Corporation has a strong focus on technology and innovation, which can lead to potential growth and competitive advantage in the rapidly evolving business landscape.

Cons

Investors should be bearish about investing in Thomson Reuters Co. for these reasons:

  • Thomson Reuters Corporation faces competition from other information service providers, which may impact its market share and profitability.
  • Thomson Reuters Corporation's stock price is subject to market fluctuations and can be influenced by various external factors, such as economic conditions and investor sentiment.
  • Thomson Reuters Corporation's business model relies heavily on subscriptions and licensing fees, which may be affected by changes in customer preferences or the emergence of alternative business models.
  • Thomson Reuters Corporation operates in multiple regions, making it susceptible to geopolitical risks and regulatory changes in different jurisdictions.
  • Thomson Reuters Corporation's financial performance can be influenced by macroeconomic factors, such as interest rates, inflation, and currency exchange rates.














TRI Stock Analysis - Frequently Asked Questions

Should I buy or sell Thomson Reuters stock right now?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Thomson Reuters in the last twelve months. There are currently 10 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" TRI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TRI, but not buy additional shares or sell existing shares.
View TRI analyst ratings
or view top-rated stocks.

What is Thomson Reuters' stock price target for 2024?

13 Wall Street analysts have issued 1-year price objectives for Thomson Reuters' shares. Their TRI share price targets range from $115.00 to $201.00. On average, they predict the company's stock price to reach $149.23 in the next twelve months. This suggests that the stock has a possible downside of 4.9%.
View analysts price targets for TRI
or view top-rated stocks among Wall Street analysts.

How have TRI shares performed in 2024?

Thomson Reuters' stock was trading at $146.22 at the beginning of the year. Since then, TRI stock has increased by 7.3% and is now trading at $156.95.
View the best growth stocks for 2024 here
.

Are investors shorting Thomson Reuters?

Thomson Reuters saw a decline in short interest in January. As of January 31st, there was short interest totaling 1,860,000 shares, a decline of 15.8% from the January 15th total of 2,210,000 shares. Based on an average trading volume of 340,700 shares, the days-to-cover ratio is presently 5.5 days. Currently, 1.2% of the company's shares are short sold.
View Thomson Reuters' Short Interest
.

When is Thomson Reuters' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our TRI earnings forecast
.

How were Thomson Reuters' earnings last quarter?

Thomson Reuters Co. (NYSE:TRI) released its quarterly earnings data on Thursday, February, 8th. The business services provider reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.92 by $0.06. The business services provider earned $1.82 billion during the quarter, compared to analysts' expectations of $1.82 billion. Thomson Reuters had a trailing twelve-month return on equity of 14.01% and a net margin of 39.67%. The company's revenue was up 2.8% on a year-over-year basis. During the same period last year, the company earned $0.76 EPS.

How often does Thomson Reuters pay dividends? What is the dividend yield for Thomson Reuters?

Thomson Reuters declared a quarterly dividend on Thursday, February 8th. Investors of record on Wednesday, February 21st will be given a dividend of $0.54 per share on Friday, March 8th. This represents a $2.16 annualized dividend and a yield of 1.38%. The ex-dividend date of this dividend is Tuesday, February 20th. This is a boost from the stock's previous quarterly dividend of $0.49.
Read our dividend analysis for TRI
.

Is Thomson Reuters a good dividend stock?

Thomson Reuters (NYSE:TRI) pays an annual dividend of $2.16 per share and currently has a dividend yield of 1.37%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 36.99%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TRI will have a dividend payout ratio of 55.10% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TRI.

What ETF holds Thomson Reuters' stock ?

Global X Future Analytics Tech ETF holds 66,142 shares of TRI stock, representing 1.30% of its portfolio.

What guidance has Thomson Reuters issued on next quarter's earnings?

Thomson Reuters issued an update on its FY 2024 earnings guidance on Thursday, February, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $7.2 billion-$7.2 billion, compared to the consensus revenue estimate of $7.2 billion.

What is Steve Hasker's approval rating as Thomson Reuters' CEO?

113 employees have rated Thomson Reuters Chief Executive Officer Steve Hasker on Glassdoor.com. Steve Hasker has an approval rating of 95% among the company's employees. This puts Steve Hasker in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Thomson Reuters own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Thomson Reuters investors own include Johnson & Johnson (JNJ), Verizon Communications (VZ), Bank of America (BAC), Intel (INTC), Walmart (WMT), Cisco Systems (CSCO), AT&T (T), Target (TGT), AbbVie (ABBV) and Broadcom (AVGO).

Who are Thomson Reuters' major shareholders?

Thomson Reuters' stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (1.26%), FIL Ltd (1.10%), Mackenzie Financial Corp (1.02%), JARISLOWSKY FRASER Ltd (0.95%), TD Asset Management Inc (0.83%) and The Manufacturers Life Insurance Company (0.83%).

How do I buy shares of Thomson Reuters?

Shares of TRI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Thomson Reuters have any subsidiaries?
The following companies are subsidiares of Thomson Reuters: 3276838 Nova Scotia Company, ASSET4, Acritas Limited, Apsmart, Avox Ltd, Bedrijfsbeheer TRA B.V., BizActions, Breakingviews, Business Integrity, CCBN, CaseLines, CaseLogistix, Clarient Global, Complinet, Confirmation, Confirmation.com Limited, Discovery Logic, EyeforPharma Limited, FC Business Intelligence, FC Business Intelligence Limited, FCBI Energy Limited, FX Alliance, Fuel Topco Limited, HighQ Diligence, HighQ Inc., HighQ Solutions Limited, Hugin Group, Indlaw, Information Holdings, Integration Point, International Thomson Reuters B.V, LN Holdings Limited, Liquid Engines, LiveNote, LiveNote Technologies Limited, Manatron, Manatron Intermediate Holdings, MarkMonitor, Mastersaf, Omnesys, Paisley, Pangea3, Planitax, Pondera Solutions, Practical Law, Redi, Reuters (Canvas) Holdings 1 Limited, Reuters Holdings Limited, Reuters Limited, Reuters News & Media Inc., Reuters News & Media Limited, Reuters Transaction Services Limited, Sabrix, Serengeti Law, Softway, Streamlogics, TR (2008) Limited, TR Holdings Limited, TR Organisation Limited, TR Professional Holdings Limited, TR U.S. Inc., TTC (1994) Limited, TTC Holdings Limited, The Thomson Organisation (No. 10), The Thomson Organisation Limited, Thomson Holdings Limited, Thomson Information & Publishing Holdings Limited, Thomson Information & Solutions (Holdings) Limited, Thomson Information & Solutions Limited, Thomson Publishing Group Limited, Thomson Reuters (GRC) Inc., Thomson Reuters (Legal) Inc., Thomson Reuters (Markets) Deutschland GmbH, Thomson Reuters (Markets) LLC, Thomson Reuters (Markets) SA, Thomson Reuters (Professional) UK Ltd., Thomson Reuters (TRI) Inc., Thomson Reuters (Tax & Accounting) Inc., Thomson Reuters America Corporation, Thomson Reuters Brasil Conteudo e Tecnologia Ltda, Thomson Reuters Canada Limited, Thomson Reuters Corporation Pte Limited, Thomson Reuters Deutschland GmbH, Thomson Reuters Enterprise Centre GmbH, Thomson Reuters Finance S.A., Thomson Reuters France, Thomson Reuters Global Resources Unlimited Company, Thomson Reuters Group Limited, Thomson Reuters Holdco LLC, Thomson Reuters Holdings A.G, Thomson Reuters Holdings B.V., Thomson Reuters Holdings Inc., Thomson Reuters Holdings S.A., Thomson Reuters Holdings SARL, Thomson Reuters Hong Kong Limited, Thomson Reuters India Holdings B.V., Thomson Reuters Investment Holdings Limited, Thomson Reuters Markets KK, Thomson Reuters No. 4 Inc., Thomson Reuters No. 5 LLC, Thomson Reuters No. 8 LLC, Thomson Reuters U.S. LLC, Thomson UK Limited, Vhayu Technologies, Visible Markets, Web Builder CS, West Publishing Corporation, Worldscope/Disclosure L.L.C., and m35 Limited.
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This page (NYSE:TRI) was last updated on 2/22/2024 by MarketBeat.com Staff