Thomson Reuters - TRI Stock Forecast, Price & News

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Thomson Reuters in the last year. There are currently 2 sell ratings, 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" TRI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TRI, but not buy additional shares or sell existing shares.
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11 brokers have issued twelve-month target prices for Thomson Reuters' stock. Their TRI share price forecasts range from $111.00 to $170.00. On average, they expect the company's stock price to reach $131.11 in the next year. This suggests a possible upside of 9.3% from the stock's current price.
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Thomson Reuters' stock was trading at $114.07 on January 1st, 2023. Since then, TRI shares have increased by 5.2% and is now trading at $119.98.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 9th 2023.
View our TRI earnings forecast.

Thomson Reuters will be holding an earnings conference call on Thursday, February 9th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Thomson Reuters Co. (NYSE:TRI) posted its quarterly earnings data on Tuesday, November, 2nd. The business services provider reported $0.46 earnings per share for the quarter, topping analysts' consensus estimates of $0.38 by $0.08. The business services provider had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.49 billion. Thomson Reuters had a net margin of 14.38% and a trailing twelve-month return on equity of 8.10%. During the same quarter last year, the company earned $0.39 EPS.

Thomson Reuters announced a quarterly dividend on Tuesday, November 1st. Investors of record on Thursday, November 17th will be given a dividend of $0.322 per share on Thursday, December 15th. This represents a $1.29 dividend on an annualized basis and a yield of 1.07%. The ex-dividend date of this dividend is Wednesday, November 16th.
Read our dividend analysis for TRI.

Thomson Reuters (NYSE:TRI) pays an annual dividend of $1.78 per share and currently has a dividend yield of 1.48%. The company has been increasing its dividend for 15 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 92.23%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, TRI will have a dividend payout ratio of 55.28% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TRI.

Thomson Reuters updated its FY 2022 earnings guidance on Tuesday, November, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $6.73 billion-$6.73 billion, compared to the consensus revenue estimate of $6.67 billion.

113 employees have rated Thomson Reuters Chief Executive Officer Steve Hasker on Glassdoor.com. Steve Hasker has an approval rating of 95% among the company's employees. This puts Steve Hasker in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Thomson Reuters investors own include Johnson & Johnson (JNJ), Verizon Communications (VZ), Bank of America (BAC), Intel (INTC), Walmart (WMT), Cisco Systems (CSCO), AT&T (T), Target (TGT), AbbVie (ABBV) and Broadcom (AVGO).

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

Thomson Reuters' stock is owned by many different retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (1.20%), National Bank of Canada FI (0.32%), Sumitomo Mitsui Trust Holdings Inc. (0.12%), Montrusco Bolton Investments Inc. (0.05%), Crossmark Global Holdings Inc. (0.03%) and Parnassus Investments LLC (0.03%).

Shares of TRI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of TRI stock can currently be purchased for approximately $119.98.

Thomson Reuters (NYSE:TRI) has a market capitalization of $57.12 billion and generates $6.35 billion in revenue each year. The business services provider earns $5.69 billion in net income (profit) each year or $1.93 on an earnings per share basis.

The company employs 24,400 workers across the globe.

Thomson Reuters' mailing address is 333 BAY STREET SUITE 400, TORONTO A6, M5H 2R2. The official website for the company is www.thomsonreuters.com. The business services provider can be reached via phone at (647) 480-7000, via email at investor.relations@thomsonreuters.com, or via fax at 416-360-8812.