NYSE:TRIThomson Reuters Stock Price, Forecast & News

Thomson Reuters' stock was trading at $68.92 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, TRI stock has decreased by 2.1% and is now trading at $67.48. View which stocks have been most impacted by Coronavirus.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Thomson Reuters in the last year. There are currently 7 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Thomson Reuters.

Thomson Reuters is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Thomson Reuters.

Thomson Reuters Corp (NYSE:TRI) issued its quarterly earnings results on Tuesday, May, 5th. The business services provider reported $0.48 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.49 by $0.01. The business services provider earned $1.52 billion during the quarter, compared to analyst estimates of $1.53 billion. Thomson Reuters had a net margin of 27.99% and a return on equity of 7.72%. The business's revenue was up 2.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.36 EPS. View Thomson Reuters' earnings history.

Thomson Reuters announced a quarterly dividend on Tuesday, May 5th. Shareholders of record on Thursday, May 21st will be paid a dividend of $0.38 per share on Monday, June 15th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.25%. The ex-dividend date is Wednesday, May 20th. This is a boost from Thomson Reuters's previous quarterly dividend of $0.29. View Thomson Reuters' dividend history.

Thomson Reuters issued an update on its second quarter 2020 Pre-Market earnings guidance on Tuesday, May, 5th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.395-1.409 billion.

10 brokers have issued 12-month target prices for Thomson Reuters' shares. Their forecasts range from $70.00 to $106.00. On average, they anticipate Thomson Reuters' stock price to reach $83.67 in the next year. This suggests a possible upside of 24.0% from the stock's current price. View analysts' price targets for Thomson Reuters.

News headlines about TRI stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by analyzing 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 nearest to five being the most favorable. Thomson Reuters earned a coverage optimism score of 0.8 on InfoTrie's scale. They also assigned news headlines about the business services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term. View the latest news about Thomson Reuters.

Thomson Reuters saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 1,330,000 shares, an increase of 7.3% from the May 31st total of 1,240,000 shares. Based on an average trading volume of 738,500 shares, the short-interest ratio is presently 1.8 days. Approximately 0.8% of the shares of the stock are short sold. View Thomson Reuters' Current Options Chain.

Some companies that are related to Thomson Reuters include New York Times (NYT), Morningstar (MORN), JOHN WILEY & SONS -CL A (JW.A), Shutterstock (SSTK), Scholastic (SCHL), E. W. Scripps (SSP), Meredith (MDP), Daily Journal (DJCO), Value Line (VALU) and McClatchy (MNI). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Thomson Reuters investors own include Intel (INTC), Bank of America (BAC), Verizon Communications (VZ), Bombardier, Inc. Class B (BBD.B), Encana (ECA), Johnson & Johnson (JNJ), AbbVie (ABBV), Mcdonald's (MCD), AT&T (T) and Walmart (WMT).

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

Shares of TRI 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, Robinhood, Fidelity, and Charles Schwab.

One share of TRI stock can currently be purchased for approximately $67.48.

Thomson Reuters has a market capitalization of $33.45 billion and generates $5.91 billion in revenue each year. The business services provider earns $1.56 billion in net income (profit) each year or $1.29 on an earnings per share basis. Thomson Reuters employs 24,400 workers across the globe.

The official website for Thomson Reuters is www.thomsonreuters.com.

Thomson Reuters' mailing address is 333 BAY STREET SUITE 400, TORONTO A6, M5H 2R2. The business services provider can be reached via phone at 416-687-7500 or via email at [email protected]