Thomson Reuters Corporation (Thomson Reuters) is a Canada-based provider of news and information for professional markets. The Company is organized in three business units: Financial & Risk, Legal, and Tax & Accounting. The Financial & Risk unit is a provider of critical news, information and analytics, enabling transactions and connecting communities of trading, investment, financial and corporate professionals. The Legal unit is a provider of critical online and print information, decision tools, software and services that support legal, investigation, business and government professionals around the world. The Tax & Accounting unit is a provider of integrated tax compliance and accounting information, software and services for professionals in accounting firms, corporations, law firms and government. The Company also operates Reuters, Global Growth Organization (GGO) and Enterprise Technology & Operations (ET&O). Thomson Reuters operates in over 100 countries.
Industry, Sector and Symbol:
- Sector: Business Services
- Industry: Professional Information Services
- Sub-Industry: Publishing
- Symbol: NYSE:TRI
- CUSIP: 88490310
- Web: www.thomsonreuters.com
- Market Cap: $32.56908 billion
- Outstanding Shares: 714,704,000
- 50 Day Moving Avg: $46.07
- 200 Day Moving Avg: $44.78
- 52 Week Range: $39.23 - $48.57
Sales & Book Value:
- Trailing P/E Ratio: 11.23
- Foreward P/E Ratio: 17.23
- P/E Growth: 1.43
- Annual Revenue: $11.2 billion
- Price / Sales: 2.91
- Book Value: $17.68 per share
- Price / Book: 2.58
- Annual Dividend: $1.38
- Dividend Yield: 3.0%
- EBIDTA: $2.52 billion
- Net Margins: 26.81%
- Return on Equity: 13.64%
- Return on Assets: 6.42%
- Debt-to-Equity Ratio: 0.48%
- Current Ratio: 0.79%
- Quick Ratio: 0.79%
- Average Volume: 1.36 million shs.
- Beta: 0.75
- Short Ratio: 1.5
Frequently Asked Questions for Thomson Reuters Corp (NYSE:TRI)
What is Thomson Reuters Corp's stock symbol?
Thomson Reuters Corp trades on the New York Stock Exchange (NYSE) under the ticker symbol "TRI."
How often does Thomson Reuters Corp pay dividends? What is the dividend yield for Thomson Reuters Corp?
Thomson Reuters Corp announced a quarterly dividend on Tuesday, August 1st. Stockholders of record on Thursday, August 17th will be given a dividend of $0.345 per share on Friday, September 15th. This represents a $1.38 annualized dividend and a dividend yield of 3.02%. The ex-dividend date of this dividend is Tuesday, August 15th. View Thomson Reuters Corp's Dividend History.
How will Thomson Reuters Corp's stock buyback program work?
Thomson Reuters Corp declared that its board has initiated a share buyback plan on Sunday, June 4th 2017, which allows the company to buyback 36,000,000 shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company's management believes its stock is undervalued.
How were Thomson Reuters Corp's earnings last quarter?
Thomson Reuters Corp (NYSE:TRI) released its quarterly earnings data on Tuesday, August, 1st. The company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.09. The firm had revenue of $2.78 billion for the quarter, compared to analyst estimates of $2.78 billion. Thomson Reuters Corp had a return on equity of 13.64% and a net margin of 26.81%. The firm's revenue for the quarter was up .5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.50 earnings per share. View Thomson Reuters Corp's Earnings History.
When will Thomson Reuters Corp make its next earnings announcement?
What guidance has Thomson Reuters Corp issued on next quarter's earnings?
Thomson Reuters Corp issued an update on its FY17 earnings guidance on Tuesday, August, 1st. The company provided EPS guidance of $2.40-2.45 for the period, compared to the Thomson Reuters consensus estimate of $2.35.
Where is Thomson Reuters Corp's stock going? Where will Thomson Reuters Corp's stock price be in 2017?
12 brokerages have issued 1-year price targets for Thomson Reuters Corp's shares. Their forecasts range from $37.00 to $65.00. On average, they anticipate Thomson Reuters Corp's share price to reach $50.30 in the next year. View Analyst Ratings for Thomson Reuters Corp.
What are analysts saying about Thomson Reuters Corp stock?
Here are some recent quotes from research analysts about Thomson Reuters Corp stock:
- 1. According to Zacks Investment Research, "Thomson Corporation is a leading provider of value-added information and technology to users in the fields of law, tax, accounting, financial services, higher education, reference information, corporate training and assessment, scientific research and healthcare. " (9/5/2017)
- 2. Deutsche Bank AG analysts commented, "We expect TRI's 1Q17 investments in expanding its Know Your Customer (KYC) and Risk businesses to drive growth in 2018E as F&R increases its exposure to faster growing end markets and diversifies beyond the headcount dependent Desktop business," (6/19/2017)
Are investors shorting Thomson Reuters Corp?
Thomson Reuters Corp saw a decline in short interest in the month of August. As of August 15th, there was short interest totalling 1,656,377 shares, a decline of 35.1% from the July 31st total of 2,551,805 shares. Based on an average daily volume of 1,286,565 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.6% of the company's shares are sold short.
Who are some of Thomson Reuters Corp's key competitors?
Some companies that are related to Thomson Reuters Corp include S&P Global (SPGI), Relx PLC (REL), Relx Plc (RELX), RELX N.V. (RENX), Equifax (EFX), Broadridge Financial Solutions (BR), TransUnion (TRU), FactSet Research Systems (FDS), CoreLogic (CLGX), Morningstar (MORN), John Wiley & Sons (JW.A), Elevate Credit (ELVT), Ebiquity plc (EBQ), China Finance Online Co. Limited (JRJC), TheStreet (TST), Everyday Health (EVDY), IHS (IHS) and S&P Global (MHP).
Who are Thomson Reuters Corp's key executives?
Thomson Reuters Corp's management team includes the folowing people:
- David Kenneth Roy Thomson, Non-Independent Chairman of the Board
- James Clifton Smith, President, Chief Executive Officer, Non-Independent Director
- David W. Binet, Non-Independent Deputy Chairman of the Board
- Stephane Bello, Chief Financial Officer, Executive Vice President
- David William Ian Craig, President - Financial & Risk
- Susan Taylor Martin, President - Legal
- Brian Peccarelli, President - Tax & Accounting
- Deirdre Stanley, Executive Vice President, General Counsel, Secretary
- Neil T. Masterson, Executive Vice President & Chief Transformation Officer
- Brian Louis Scanlon, Executive Vice President & Chief Strategy Officer
Who owns Thomson Reuters Corp stock?
Thomson Reuters Corp's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Jarislowsky Fraser Ltd (1.28%), TD Asset Management Inc. (0.99%), Vanguard Group Inc. (0.91%), Letko Brosseau & Associates Inc. (0.82%), Beutel Goodman & Co Ltd. (0.67%) and Arrowstreet Capital Limited Partnership (0.58%). View Institutional Ownership Trends for Thomson Reuters Corp.
Who sold Thomson Reuters Corp stock? Who is selling Thomson Reuters Corp stock?
Thomson Reuters Corp's stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Arrowstreet Capital Limited Partnership, TIAA CREF Investment Management LLC, New York State Common Retirement Fund, Vanguard Group Inc., Bank of New York Mellon Corp, Northern Trust Corp and Great West Life Assurance Co. Can. View Insider Buying and Selling for Thomson Reuters Corp.
Who bought Thomson Reuters Corp stock? Who is buying Thomson Reuters Corp stock?
Thomson Reuters Corp's stock was acquired by a variety of institutional investors in the last quarter, including CIBC World Markets Inc., FMR LLC, Goldman Sachs Group Inc., CIBC Asset Management Inc, Canada Pension Plan Investment Board, Renaissance Technologies LLC, LMR Partners LLP and TD Asset Management Inc.. View Insider Buying and Selling for Thomson Reuters Corp.
How do I buy Thomson Reuters Corp stock?
Shares of Thomson Reuters Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Thomson Reuters Corp's stock price today?
MarketBeat Community Rating for Thomson Reuters Corp (NYSE TRI)MarketBeat's community ratings are surveys of what our community members think about Thomson Reuters Corp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Thomson Reuters Corp stock can currently be purchased for approximately $45.67.
Consensus Ratings for Thomson Reuters Corp (NYSE:TRI) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 6 Hold Ratings, 5 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.33)|
|Consensus Price Target: ||$50.30 (10.14% upside)|
Analysts' Ratings History for Thomson Reuters Corp (NYSE:TRI)
(Data available from 9/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/19/2017||Piper Jaffray Companies||Reiterated Rating||Hold||$50.00||Low|
|9/6/2017||TD Securities||Upgrade||Hold -> Buy||High|
|8/2/2017||Scotiabank||Boost Price Target||Sector Perform||$45.00 -> $47.00||Low|
|8/2/2017||Royal Bank Of Canada||Boost Price Target||Sector Perform||$45.00 -> $47.00||Low|
|8/2/2017||Deutsche Bank AG||Boost Price Target||Buy||$50.00 -> $55.00||Low|
|8/1/2017||Canaccord Genuity||Set Price Target||Hold||$47.00||High|
|7/18/2017||Morgan Stanley||Reiterated Rating||Equal Weight||$48.00 -> $49.00||Low|
|6/15/2017||Macquarie||Upgrade||Neutral -> Outperform||High|
|5/2/2017||BMO Capital Markets||Boost Price Target||Outperform||$64.00 -> $65.00||Medium|
|4/20/2017||Berenberg Bank||Initiated Coverage||Sell -> Sell||$37.00||High|
|4/17/2017||National Bank Financial||Upgrade||Sector Perform Market Weight -> Outperform Market Weight||Low|
|11/3/2016||J P Morgan Chase & Co||Reiterated Rating||Neutral||N/A|
|11/3/2016||CIBC||Reiterated Rating||Outperform||$44.00 -> $45.00||N/A|
|8/23/2016||Barclays PLC||Boost Price Target||Equal Weight||$40.00 -> $42.00||N/A|
|7/12/2016||Credit Suisse Group||Reiterated Rating||Buy||N/A|
|2/16/2016||Nomura||Lower Price Target||Neutral||$43.00 -> $42.00||N/A|
|2/14/2016||FBR & Co||Reiterated Rating||Hold||$39.00||N/A|
|1/7/2016||Bank of America Corporation||Downgrade||Buy -> Neutral||$40.00||N/A|
Earnings History for Thomson Reuters Corp (NYSE:TRI)Earnings History by Quarter for Thomson Reuters Corp (NYSE TRI)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/7/2017|| || || || || || || || |
|8/1/2017||6/30/2017||$0.51||$0.60||$2.78 billion||$2.78 billion||View||Listen|
|4/28/2017||3/31/2017||$0.53||$0.63||$2.80 billion||$2.82 billion||View||N/A|
|2/9/2017||Q416||$0.58||$0.60||$2.87 billion||$2.86 billion||View||Listen|
|11/1/2016||Q316||$0.48||$0.54||$2.75 billion||$2.74 billion||View||N/A|
|7/28/2016||Q216||$0.49||$0.50||$2.83 billion||$2.77 billion||View||Listen|
|4/26/2016||Q116||$0.44||$0.48||$2.81 billion||$2.79 billion||View||Listen|
|2/11/2016||Q415||$0.58||$0.65||$3.17 billion||$3.15 billion||View||Listen|
|10/23/2015||Q315||$0.49||$0.52||$3.03 billion||$2.98 billion||View||Listen|
|7/29/2015||Q215||$0.49||$0.52||$3.07 billion||$3.04 billion||View||Listen|
|4/29/2015||Q115||$0.45||$0.44||$3.03 billion||$3.04 million||View||N/A|
|2/11/2015||Q414||$0.47||$0.43||$3.24 billion||$3.21 billion||View||N/A|
|10/30/2014||Q314||$0.45||$0.45||$3.10 billion||$3.10 billion||View||N/A|
|7/30/2014||Q214||$0.46||$0.51||$3.13 billion||$3.20 billion||View||N/A|
|4/30/2014||Q114||$0.38||$0.46||$3.10 billion||$3.13 billion||View||N/A|
|2/11/2014||Q413||$0.53||$0.21||$3.28 billion||$3.28 billion||View||N/A|
|10/29/2013||Q313||$0.46||$0.48||$3.12 billion||$3.10 billion||View||N/A|
|7/30/2013||Q213||$0.45||$0.48||$3.15 billion||$3.16 billion||View||N/A|
|4/30/2013||Q113||$0.32||$0.38||$3.15 billion||$3.18 billion||View||N/A|
|2/13/2013||Q412||$0.55||$0.60||$3.37 billion||$3.40 billion||View||N/A|
|11/2/2012||Q312||$0.48||$0.54||$3.20 billion||$3.22 billion||View||N/A|
Earnings Estimates for Thomson Reuters Corp (NYSE:TRI)
2017 EPS Consensus Estimate: $2.30
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Thomson Reuters Corp (NYSE:TRI)
|Most Recent Dividend:||9/15/2017|
|Dividend Growth:||1.50% (3 Year Average)|
|Payout Ratio:||33.91% (Trailing 12 Months of Earnings) |
56.79% (Based on This Year's Estimates)
52.08% (Based on Next Year's Estimates)
|Track Record:||9 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Thomson Reuters Corp (NYSE TRI)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Thomson Reuters Corp (NYSE:TRI)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Thomson Reuters Corp (NYSE:TRI)
Latest Headlines for Thomson Reuters Corp (NYSE:TRI)
Thomson Reuters Corp (TRI) Chart for Thursday, September, 21, 2017