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 Friday, April 28th. Investors 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 annualized dividend and a yield of 3.01%. The ex-dividend date is Tuesday, May 16th. View Thomson Reuters Corp's Dividend History.

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

Thomson Reuters Corp (NYSE:TRI) released its quarterly earnings data on Friday, April, 28th. The company reported $0.63 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.53 by $0.10. The company earned $2.82 billion during the quarter, compared to the consensus estimate 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 quarterly revenue was up .8% on a year-over-year basis. During the same period in the previous year, the company earned $0.48 earnings per share. View Thomson Reuters Corp's Earnings History.

Thomson Reuters Corp updated its FY17 earnings guidance on Friday, April, 28th. The company provided EPS guidance of $2.35 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.34.

12 brokers have issued 1 year target prices for Thomson Reuters Corp's stock. Their predictions range from $37.00 to $65.00. On average, they anticipate Thomson Reuters Corp's stock price to reach $48.50 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. " (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)

Thomson Reuters Corp saw a drop in short interest in the month of June. As of June 30th, there was short interest totalling 3,581,689 shares, a drop of 52.4% from the June 15th total of 7,521,245 shares. Based on an average daily trading volume, of 3,168,404 shares, the short-interest ratio is presently 1.1 days. Currently, 1.2% of the shares of the company 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), 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 many different of institutional and retail investors. Top institutional shareholders 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.

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.

Thomson Reuters Corp's stock was acquired 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.

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 $45.91.