Thomson Reuters - TRI Stock Forecast, Price & News

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Thomson Reuters in the last year. There are currently 4 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TRI shares.
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11 Wall Street research analysts have issued 1 year price targets for Thomson Reuters' shares. Their TRI stock forecasts range from $108.00 to $165.00. On average, they predict the company's share price to reach $131.14 in the next twelve months. This suggests a possible upside of 15.0% from the stock's current price.
View analysts price targets for TRI or view top-rated stocks among Wall Street analysts.

Thomson Reuters' stock was trading at $119.62 at the beginning of the year. Since then, TRI stock has decreased by 4.6% and is now trading at $114.07.
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Thomson Reuters saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 2,810,000 shares, an increase of 44.8% from the June 15th total of 1,940,000 shares. Based on an average daily trading volume, of 503,300 shares, the short-interest ratio is currently 5.6 days. Approximately 1.8% of the company's shares are short sold.
View Thomson Reuters' Short Interest.

Thomson Reuters is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our TRI earnings forecast.

Thomson Reuters Co. (NYSE:TRI) posted its quarterly earnings results on Tuesday, November, 2nd. The business services provider reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.08. The business services provider earned $1.53 billion during the quarter, compared to analyst estimates of $1.49 billion. Thomson Reuters had a net margin of 7.31% and a trailing twelve-month return on equity of 7.49%. During the same quarter last year, the business posted $0.39 earnings per share.

Thomson Reuters declared a quarterly dividend on Friday, August 5th. Shareholders of record on Thursday, August 18th will be given a dividend of $0.445 per share on Thursday, September 15th. This represents a $1.78 dividend on an annualized basis and a dividend yield of 1.56%. The ex-dividend date is Wednesday, August 17th.
Read our dividend analysis for TRI.

Thomson Reuters (NYSE:TRI) pays an annual dividend of $1.78 per share and currently has a dividend yield of 1.56%. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 183.51%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, TRI will have a dividend payout ratio of 51.90% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TRI.

Thomson Reuters updated its third quarter 2022 earnings guidance on Thursday, August, 4th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.60 billion-$1.61 billion, compared to the consensus revenue estimate of $1.60 billion.

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.

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).

Thomson Reuters trades on the New York Stock Exchange (NYSE) under the ticker symbol "TRI."

Thomson Reuters' stock is owned by a number of institutional and retail investors. Top institutional investors include Jarislowsky Fraser Ltd (1.33%), Connor Clark & Lunn Investment Management Ltd. (0.58%), TD Asset Management Inc. (0.52%), National Bank of Canada FI (0.12%), Sumitomo Mitsui Trust Holdings Inc. (0.11%) and Envestnet Asset Management Inc. (0.10%).

Shares of TRI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of TRI stock can currently be purchased for approximately $114.07.

Thomson Reuters (NYSE:TRI) has a market capitalization of $55.33 billion and generates $6.35 billion in revenue each year. The business services provider earns $5.69 billion in net income (profit) each year or $0.97 on an earnings per share basis.

Thomson Reuters employs 24,400 workers across the globe.

Thomson Reuters was founded in 2008.

Thomson Reuters' mailing address is 333 BAY STREET SUITE 400, TORONTO A6, M5H 2R2. The official website for the company is www.thomsonreuters.com. The business services provider can be reached via phone at (647) 480-7000, via email at investor.relations@thomsonreuters.com, or via fax at 416-360-8812.