Thomson Reuters Corp Company Profile (NYSE:TRI)

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

Thomson Reuters Corp announced a quarterly dividend on Tuesday, August 1st. Investors of record on Thursday, August 17th will be paid a dividend of $0.345 per share on Friday, September 15th. This represents a $1.38 annualized dividend and a yield of 3.01%. The ex-dividend date is Tuesday, August 15th. View Thomson Reuters Corp's Dividend History.

Thomson Reuters Corp declared that its Board of Directors has initiated a stock repurchase program on Sunday, June 4th 2017, which allows the company to repurchase 36,000,000 shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its shares are undervalued.

Thomson Reuters Corp (NYSE:TRI) released its quarterly earnings results on Tuesday, August, 1st. The company reported $0.60 earnings per share for the quarter, beating the Thomson Reuters' 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 net margin of 26.81% and a return on equity of 13.64%. The firm's revenue for the quarter was up .5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.50 earnings per share. View Thomson Reuters Corp's Earnings History.

Thomson Reuters Corp is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for Thomson Reuters Corp.

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 EPS estimate of $2.35.

12 equities research analysts have issued 1-year price objectives for Thomson Reuters Corp's stock. Their forecasts range from $37.00 to $65.00. On average, they expect Thomson Reuters Corp's share price to reach $50.30 in the next year. View Analyst Ratings for Thomson Reuters Corp.

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. " (9/22/2017)
• 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)

Thomson Reuters Corp saw a drop in short interest in the month of August. As of August 15th, there was short interest totalling 1,656,377 shares, a drop 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 currently 1.3 days. Approximately 0.6% of the shares of the stock are sold short.

Some companies that are related to Thomson Reuters Corp include Relx Plc (RELX), Relx N.V. (RENX), S&P Global (SPGI), Relx PLC (REL), 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), TheStreet (TST), China Finance Online Co. Limited (JRJC), Everyday Health (EVDY), IHS (IHS) and S&P Global (MHP).

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

Thomson Reuters Corp's stock is owned by many different of institutional and retail 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.

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.

Thomson Reuters Corp's stock was purchased 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.

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.

One share of Thomson Reuters Corp stock can currently be purchased for approximately $45.92.