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 declared 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 dividend on an annualized basis and a dividend yield of 3.01%. The ex-dividend date is Tuesday, August 15th. View Thomson Reuters Corp's Dividend History.

Thomson Reuters Corp announced that its board has approved a stock buyback program on Sunday, June 4th 2017, which permits the company to buyback 36,000,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its shares are undervalued.

Thomson Reuters Corp (NYSE:TRI) announced its earnings results on Tuesday, August, 1st. The company reported $0.60 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.51 by $0.09. The business had revenue of $2.78 billion for the quarter, compared to the consensus estimate of $2.78 billion. Thomson Reuters Corp had a net margin of 26.81% and a return on equity of 13.64%. Thomson Reuters Corp's revenue for the quarter was up .5% on a year-over-year basis. During the same quarter in the previous 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 earnings per share (EPS) guidance of $2.40-2.45 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.35.

12 analysts have issued 12 month price targets for Thomson Reuters Corp's shares. 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 twelve months. 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. " (9/23/2017)
• 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 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 trading volume of 1,286,565 shares, the short-interest ratio is presently 1.3 days. Approximately 0.6% of the company's stock are short sold.

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).

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 a number 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.

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 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.

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 $45.83.