NYSE:TRIThomson Reuters Stock Price, Forecast & News

Thomson Reuters' stock was trading at $68.92 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, TRI shares have decreased by 2.5% and is now trading at $67.20. 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 Wednesday, August 5th 2020. View our earnings forecast for Thomson Reuters.

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

Thomson Reuters declared a quarterly dividend on Tuesday, May 5th. Stockholders 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 annualized dividend and a yield of 2.26%. The ex-dividend date of this dividend is Wednesday, May 20th. This is an increase 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 guidance of for the period. The company issued revenue guidance of $1.395-1.409 billion.

10 Wall Street analysts have issued twelve-month price targets for Thomson Reuters' stock. Their forecasts range from $70.00 to $106.00. On average, they anticipate Thomson Reuters' share price to reach $83.67 in the next twelve months. This suggests a possible upside of 24.5% from the stock's current price. View analysts' price targets for Thomson Reuters.

Media coverage about TRI stock has been trending negative this week, InfoTrie reports. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Thomson Reuters earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave news articles about the business services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news about Thomson Reuters.

Thomson Reuters saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 1,440,000 shares, an increase of 8.3% from the June 15th total of 1,330,000 shares. Based on an average daily volume of 624,500 shares, the days-to-cover ratio is currently 2.3 days. Approximately 0.9% of the company's 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."

Thomson Reuters' stock is owned by a number of retail and institutional investors. Top institutional investors include Envestnet Asset Management Inc. (0.05%).

TRI stock was purchased by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc..

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 $67.20.

Thomson Reuters has a market capitalization of $33.32 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]