Thomson Reuters Corporation (Thomson Reuters) is a 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 segment is a provider of critical news, information and analytics, enabling transactions and connecting communities of trading, investment, financial and corporate professionals. The Legal segment 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 segment 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 - NEC
- Sub-Industry: Publishing
- Symbol: NYSE:TRI
- CUSIP: 88490310
- Web: www.thomsonreuters.com
- Market Cap: $33.18 billion
- Outstanding Shares: 721,850,000
- 50 Day Moving Avg: $45.53
- 200 Day Moving Avg: $44.26
- 52 Week Range: $39.23 - $47.04
Sales & Book Value:
- Trailing P/E Ratio: 10.86
- Foreward P/E Ratio: 17.88
- P/E Growth: 1.76
- Annual Revenue: $11.19 billion
- Price / Sales: 2.96
- Book Value: $17.65 per share
- Price / Book: 2.60
- Annual Dividend: $1.38
- Dividend Yield: 3.1%
- EBIDTA: $2.5 billion
- Net Margins: 28.14%
- Return on Equity: 13.37%
- Return on Assets: 6.07%
- Debt-to-Equity Ratio: 0.48%
- Current Ratio: 0.82%
- Quick Ratio: 0.82%
- Average Volume: 1.48 million shs.
- Beta: 0.75
- Short Ratio: 1.7
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 Friday, April 28th. Shareholders of record on Thursday, May 18th will be paid a dividend of $0.345 per share on Thursday, June 15th. This represents a $1.38 dividend on an annualized basis and a yield of 3.00%. The ex-dividend date of this dividend is Tuesday, May 16th. View Thomson Reuters Corp's Dividend History.
How will Thomson Reuters Corp's stock buyback program work?
Thomson Reuters Corp announced that its Board of Directors has initiated a stock repurchase plan on Sunday, June 4th 2017, which authorizes the company to buyback 36,000,000 shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company's board of directors believes its shares are undervalued.
How were Thomson Reuters Corp's earnings last quarter?
Thomson Reuters Corp (NYSE:TRI) announced its quarterly earnings results on Friday, April, 28th. The company reported $0.63 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.53 by $0.10. The firm earned $2.82 billion during the quarter, compared to analyst estimates of $2.80 billion. Thomson Reuters Corp had a return on equity of 13.37% and a net margin of 28.14%. The company's revenue was up .8% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.48 earnings per share. View Thomson Reuters Corp's Earnings History.
What guidance has Thomson Reuters Corp issued on next quarter's earnings?
Thomson Reuters Corp issued an update on its FY17 earnings guidance on Friday, April, 28th. The company provided earnings per share guidance of $2.35 for the period, compared to the Thomson Reuters consensus estimate of $2.34.
Where is Thomson Reuters Corp's stock going? Where will Thomson Reuters Corp's stock price be in 2017?
12 brokerages have issued twelve-month 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 $48.50 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. " (7/4/2017)
- 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 June. As of June 30th, there was short interest totalling 3,581,689 shares, a decline of 52.4% from the June 15th total of 7,521,245 shares. Based on an average trading volume of 3,168,404 shares, the days-to-cover ratio is currently 1.1 days. Approximately 1.2% of the shares of the company are short sold.
Who are some of Thomson Reuters Corp's key competitors?
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), 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 investors include Jarislowsky Fraser Ltd (1.28%), Beutel Goodman & Co Ltd. (0.67%), Nexus Investment Management Inc. (0.06%), APG Asset Management N.V. (0.05%), Capstone Asset Management Co. (0.02%) and First Quadrant L P CA (0.02%). 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 Beutel Goodman & Co Ltd., Jarislowsky Fraser Ltd, First Quadrant L P CA, Douglas Lane & Associates LLC, Nisa Investment Advisors LLC, Capstone Asset Management Co., First American Bank and Nexus Investment Management Inc.. 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 purchased by a variety of institutional investors in the last quarter, including Barometer Capital Management Inc., APG Asset Management N.V., Mn Services Vermogensbeheer B.V., NN Investment Partners Holdings N.V., Fox Run Management L.L.C., Forsta AP Fonden, Capital One National Association and First National Bank of Mount Dora Trust Investment Services. 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 $45.96.
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, 7 Hold Ratings, 4 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.25)|
|Consensus Price Target: ||$48.50 (5.53% upside)|
Analysts' Ratings History for Thomson Reuters Corp (NYSE:TRI)
(Data available from 7/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|7/20/2017||TD Securities||Lower Price Target||Hold||$65.00 -> $61.00||Low|
|7/18/2017||Morgan Stanley||Reiterated Rating||Equal Weight||$48.00 -> $49.00||Low|
|6/19/2017||Deutsche Bank AG||Upgrade||Hold -> Buy||$44.00 -> $50.00||High|
|6/15/2017||Macquarie||Upgrade||Neutral -> Outperform||High|
|5/2/2017||BMO Capital Markets||Boost Price Target||Outperform||$64.00 -> $65.00||Medium|
|5/1/2017||Royal Bank Of Canada||Boost Price Target||Sector Perform||$43.00 -> $44.00||Low|
|5/1/2017||Scotiabank||Boost Price Target||Sector Perform||$43.00 -> $45.00||Low|
|5/1/2017||Canaccord Genuity||Downgrade||Buy -> Hold||$47.00||High|
|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|
|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: $2.34
(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:||6/15/2017|
|Dividend Growth:||1.50% (3 Year Average)|
|Payout Ratio:||32.47% (Trailing 12 Months of Earnings) |
58.47% (Based on This Year's Estimates)
53.70% (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)
|TD Securities Lowers Thomson Reuters Corp (TRI) Price Target to $61.00|
www.americanbankingnews.com - July 20 at 5:22 PM
|Thomson Reuters Corp (NYSE:TRI) Short Interest Update|
www.americanbankingnews.com - July 20 at 7:27 AM
|Morgan Stanley Reiterates Equal Weight Rating for Thomson Reuters Corp (NYSE:TRI)|
www.americanbankingnews.com - July 18 at 3:10 PM
|Thomson Reuters Corp (NYSE:TRI) Given Average Rating of "Hold" by Brokerages|
www.americanbankingnews.com - July 10 at 10:12 AM
|Thomson Reuters Corp (TRI) Lowered to "Sell" at Zacks Investment Research|
www.americanbankingnews.com - July 4 at 9:16 AM
|$2.78 Billion in Sales Expected for Thomson Reuters Corp (TRI) This Quarter|
www.americanbankingnews.com - June 30 at 11:56 AM
|$0.51 EPS Expected for Thomson Reuters Corp (TRI) This Quarter|
www.americanbankingnews.com - June 28 at 8:14 PM
|Thomson Reuters Corp (TRI) Lifted to "Buy" at BidaskClub|
www.americanbankingnews.com - June 24 at 3:38 PM
|Deutsche Bank AG Upgrades Thomson Reuters Corp (TRI) to "Buy"|
www.americanbankingnews.com - June 19 at 12:20 PM
|Thomson Reuters Corp (TRI) vs. RELX N.V. (RENX) Critical Analysis|
www.americanbankingnews.com - June 19 at 8:08 AM
|Broadridge Financial Solutions (BR) versus Thomson Reuters Corp (TRI) Financial Comparison|
www.americanbankingnews.com - June 18 at 8:19 AM
|Thomson Reuters Corp. (TRI) Climbed To A New High For The Year|
www.rttnews.com - June 17 at 6:48 AM
|Thomson Reuters Corp (TRI) Raised to "Outperform" at Macquarie|
www.americanbankingnews.com - June 15 at 10:19 AM
|Thomson Reuters Corp (TRI) Receives Consensus Rating of "Hold" from Brokerages|
www.americanbankingnews.com - June 13 at 10:29 AM
|Thomson Reuters and Symphony Announce Strategic Partnership|
finance.yahoo.com - June 13 at 9:27 AM
|Thomson Reuters is partnering with the 'Slack for Wall Street'|
finance.yahoo.com - June 13 at 9:27 AM
|Thomson Reuters ties up with Wall Street chat service Symphony|
finance.yahoo.com - June 13 at 9:27 AM
|Contrasting Meredith (MDP) and Thomson Reuters Corp (TRI)|
www.americanbankingnews.com - June 6 at 12:04 PM
|Martha Stewart Living Omnimedia (MSO) and Thomson Reuters Corp (TRI) Financial Analysis|
www.americanbankingnews.com - June 5 at 12:12 AM
|Thomson Reuters Corp (TRI) Announces Share Repurchase Program|
www.americanbankingnews.com - June 4 at 12:44 PM
|Thomson Reuters to Present at the 2017 TD Securities Telecom & Media Forum|
finance.yahoo.com - May 31 at 11:54 AM
|Thomson Reuters (TRI) Reports Renewal of Normal Course Issuer Bid for Up to 36M Shares|
www.streetinsider.com - May 25 at 5:27 AM
|Thomson Reuters Announces Annual Renewal of Normal Course Issuer Bid|
finance.yahoo.com - May 25 at 5:27 AM
|Thomson Reuters Corp. : TRI-US: Dividend Analysis : May 18th, 2017 (record date) : By the numbers : May 19, 2017|
finance.yahoo.com - May 19 at 1:17 PM
|Thomson Reuters Corp (TRI) Receives Average Recommendation of "Hold" from Analysts|
www.americanbankingnews.com - May 19 at 10:50 AM
|Thomson Reuters Corp. breached its 50 day moving average in a Bearish Manner : TRI-US : May 18, 2017|
finance.yahoo.com - May 18 at 12:36 PM
|Thomson Reuters Launches Latest Greenhouse Gas Emissions Report|
finance.yahoo.com - May 17 at 12:39 PM
|Post Earnings Coverage as Thomson Reuters' Adjusted EPS Surged 37%|
finance.yahoo.com - May 10 at 10:13 AM
| Analysts Expect Thomson Reuters Corp (TRI) to Announce $0.51 EPS|
www.americanbankingnews.com - May 9 at 8:22 AM
|ETFs with exposure to Thomson Reuters Corp. : May 8, 2017|
finance.yahoo.com - May 8 at 7:50 PM
|Thomson Reuters Corp. :TRI-US: Earnings Analysis: Q1, 2017 By the Numbers : May 5, 2017|
finance.yahoo.com - May 5 at 11:37 PM
|Positive Media Coverage Very Likely to Affect Thomson Reuters Corp (TRI) Stock Price|
www.americanbankingnews.com - May 4 at 2:52 PM
|Why Thomson Reuters Is a Top 25 Dividend Stock (TRI)|
www.nasdaq.com - May 3 at 10:12 AM
|Thomson Reuters to Present at the Barclays Americas Select Franchise Conference 2017|
finance.yahoo.com - May 2 at 6:19 PM
|Thomson Reuters Corp (TRI) Given "Outperform" Rating at BMO Capital Markets|
www.americanbankingnews.com - May 2 at 1:56 PM
|Scotiabank Increases Thomson Reuters Corp (TRI) Price Target to $45.00|
www.americanbankingnews.com - May 1 at 9:54 PM
|Royal Bank of Canada Boosts Thomson Reuters Corp (TRI) Price Target to $44.00|
www.americanbankingnews.com - May 1 at 9:50 PM
|Thomson Reuters Corp Plans Quarterly Dividend of $0.35 (tri)|
www.americanbankingnews.com - May 1 at 12:54 PM
|Thomson Reuters Reports First-Quarter 2017 Results|
finance.yahoo.com - April 28 at 11:07 PM
|Thomson Reuters (TRI) Beats Both Q1 Earnings and Revenues|
finance.yahoo.com - April 28 at 11:07 PM
|Thomson Reuters Corp (TRI) Issues Quarterly Earnings Results, Beats Estimates By $0.10 EPS|
www.americanbankingnews.com - April 28 at 9:04 PM
|Thomson Reuters Corp (TRI) Releases Earnings Results, Beats Estimates By $0.10 EPS|
www.americanbankingnews.com - April 28 at 7:42 PM
|Thomson Reuters Corp (TRI) Getting Somewhat Favorable Media Coverage, Analysis Finds|
www.americanbankingnews.com - April 28 at 3:26 PM
|Thomson Reuters Corp (TRI) Updates FY17 Earnings Guidance|
www.americanbankingnews.com - April 28 at 11:32 AM
|Thomson Reuters Corp (TRI) Receives "Hold" Rating from Royal Bank of Canada|
www.americanbankingnews.com - April 27 at 12:54 AM
|Thomson Reuters (TRI) Q1 Earnings: Stock Likely to Beat?|
finance.yahoo.com - April 26 at 8:44 AM
|Somewhat Positive Press Coverage Likely to Affect Thomson Reuters Corp (TRI) Share Price|
www.americanbankingnews.com - April 25 at 4:38 PM
|Thomson Reuters Corp. – Value Analysis (NYSE:TRI) : April 24, 2017|
finance.yahoo.com - April 24 at 6:41 PM
|Thomson Reuters Corp (TRI) Receives Consensus Recommendation of "Hold" from Brokerages|
www.americanbankingnews.com - April 24 at 1:35 PM
|Thomson Reuters Corp (TRI) Upgraded at National Bank Financial|
www.americanbankingnews.com - April 23 at 1:26 PM
Thomson Reuters Corp (TRI) Chart for Monday, July, 24, 2017