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NYSE:TRI

Thomson Reuters (TRI) Stock Price, News & Analysis

$161.71
-0.63 (-0.39%)
(As of 07/26/2024 ET)
Today's Range
$161.11
$163.51
50-Day Range
$161.71
$175.79
52-Week Range
$117.46
$176.03
Volume
760,800 shs
Average Volume
373,183 shs
Market Capitalization
$72.72 billion
P/E Ratio
30.80
Dividend Yield
1.32%
Price Target
$170.64

Thomson Reuters MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
5.5% Upside
$170.64 Price Target
Short Interest
Healthy
1.04% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.33
Upright™ Environmental Score
News Sentiment
0.93mentions of Thomson Reuters in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
8.45%
From $3.67 to $3.98 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.

4.12 out of 5 stars

Business Services Sector

43rd out of 317 stocks

Miscellaneous Publishing Industry

1st out of 2 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-driven technologies, including generative AI, integrated workflow solutions to small businesses to multinational organizations. 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. 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

Man who Predicted Trump 2016 Win: “Prepare for Election Meltdown”
Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.
Man who Predicted Trump 2016 Win: “Prepare for Election Meltdown”
Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.
LSEG investors offload shares worth $2 bln
RBC Capital Reaffirms Their Hold Rating on Thomson Reuters (TRI)
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Ex-Dividend for 6/10 Dividend
5/15/2024
Dividend Payable
6/10/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Miscellaneous publishing
Sub-Industry
Publishing
CUSIP
88490310
Employees
25,600
Year Founded
2008

Price Target and Rating

Average Stock Price Target
$170.64
High Stock Price Target
$225.00
Low Stock Price Target
$130.00
Potential Upside/Downside
+5.3%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
12 Analysts

Profitability

Net Income
$2.70 billion
Pretax Margin
31.18%

Debt

Sales & Book Value

Annual Sales
$6.79 billion
Cash Flow
$5.15 per share
Book Value
$24.43 per share

Miscellaneous

Free Float
N/A
Market Cap
$72.87 billion
Optionable
Optionable
Beta
0.72

Social Links

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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 (Age 52)
    Chief Legal Officer & Company Secretary
  • Ms. Mary-Alice Vuicic (Age 56)
    Executive VP & Chief People Officer
    Comp: $462.61k
  • Ms. Carla Jones (Age 60)
    Chief of Staff
  • Ms. Sue Brooks
    Interim Head of Reuters News Agency

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

Pros

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

  • Thomson Reuters Corporation provides business information services globally, offering a wide reach for potential growth and market presence.
  • Recent developments in the Legal Professionals segment have shown promising growth opportunities, indicating a strong market position in the legal industry.
  • The company's focus on Tax & Accounting Professionals segment showcases a commitment to serving a niche market with specialized services, potentially leading to higher profitability.
  • Thomson Reuters Co. has a diverse portfolio of services catering to different industries, reducing dependency on a single market segment and enhancing overall stability.
  • Current stock price of Thomson Reuters Co. is showing positive momentum, indicating potential for capital appreciation in the near future.

Cons

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

  • Thomson Reuters Corporation faces competition in the business information services sector, which could lead to pricing pressures and reduced profit margins.
  • Market volatility and economic uncertainties may impact the demand for Thomson Reuters Co.'s services, affecting revenue growth and profitability.
  • Fluctuations in currency exchange rates could pose a risk to the company's international operations, potentially impacting financial performance.
  • Regulatory changes in key markets where Thomson Reuters Co. operates may require adjustments to business practices, leading to additional costs and operational challenges.
  • While the company has shown growth in certain segments, there may be challenges in sustaining this growth over the long term due to evolving market dynamics.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, July 22, 2024. Please send any questions or comments about these Thomson Reuters pros and cons to contact@marketbeat.com.

TRI Stock Analysis - Frequently Asked Questions

How have TRI shares performed this year?

Thomson Reuters' stock was trading at $146.22 at the beginning of 2024. Since then, TRI shares have increased by 10.6% and is now trading at $161.71.
View the best growth stocks for 2024 here
.

How were Thomson Reuters' earnings last quarter?

Thomson Reuters Co. (NYSE:TRI) announced its earnings results on Thursday, May, 2nd. The business services provider reported $1.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.94 by $0.17. Thomson Reuters's revenue for the quarter was up 8.5% on a year-over-year basis.

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.

Does Thomson Reuters have any subsidiaries?

The following companies are subsidiaries of Thomson Reuters: CaseLines, Pondera Solutions, FC Business Intelligence, HighQ Diligence, Confirmation, Integration Point, Avox Ltd, and others.

Who are Thomson Reuters' major shareholders?

Top institutional shareholders of Thomson Reuters include Bank of New York Mellon Corp (0.05%), Dixon Mitchell Investment Counsel Inc. (0.05%), Sapient Capital LLC (0.03%) and Cidel Asset Management Inc. (0.03%).

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.

What other stocks do shareholders of Thomson Reuters own?

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

This page (NYSE:TRI) was last updated on 7/26/2024 by MarketBeat.com Staff

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