Thomson Reuters - TRI Stock Forecast, Price & News

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Thomson Reuters in the last twelve months. There are currently 2 sell ratings, 5 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities 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.
View TRI analyst ratings or view top-rated stocks.

13 brokerages have issued 12-month price targets for Thomson Reuters' shares. Their TRI share price forecasts range from $116.00 to $182.00. On average, they predict the company's share price to reach $138.00 in the next year. This suggests a possible upside of 7.9% from the stock's current price.
View analysts price targets for TRI or view top-rated stocks among Wall Street analysts.

Thomson Reuters' stock was trading at $114.07 at the beginning of 2023. Since then, TRI stock has increased by 12.1% and is now trading at $127.91.
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Thomson Reuters saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 2,010,000 shares, an increase of 19.6% from the February 13th total of 1,680,000 shares. Based on an average daily volume of 469,500 shares, the days-to-cover ratio is currently 4.3 days. Approximately 1.3% of the company's stock are short sold.
View Thomson Reuters' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023.
View our TRI earnings forecast.

Thomson Reuters Co. (NYSE:TRI) released its quarterly earnings data on Thursday, February, 9th. The business services provider reported $0.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.64 by $0.09. The business services provider earned $1.77 billion during the quarter, compared to analysts' expectations of $1.76 billion. Thomson Reuters had a trailing twelve-month return on equity of 9.58% and a net margin of 21.16%. The firm's revenue for the quarter was up 3.2% compared to the same quarter last year. During the same period last year, the business earned $0.43 EPS.

Thomson Reuters declared a quarterly dividend on Thursday, February 9th. Shareholders of record on Thursday, February 23rd will be given a dividend of $0.49 per share on Thursday, March 16th. This represents a $1.96 annualized dividend and a yield of 1.53%. The ex-dividend date is Wednesday, February 22nd. This is an increase from the stock's previous quarterly dividend of $0.32.
Read our dividend analysis for TRI.

Thomson Reuters (NYSE:TRI) pays an annual dividend of $1.96 per share and currently has a dividend yield of 1.54%. The company has been increasing its dividend for 16 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 68.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TRI will have a dividend payout ratio of 52.69% 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 2023 earnings guidance on Thursday, February, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $6.92 billion-$6.96 billion, compared to the consensus revenue estimate of $6.92 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 a number of retail and institutional investors. Top institutional shareholders include Mackenzie Financial Corp (1.24%), Bank of Montreal Can (1.20%), Jarislowsky Fraser Ltd (1.18%), The Manufacturers Life Insurance Company (0.87%), Fiera Capital Corp (0.64%) and Connor Clark & Lunn Investment Management Ltd. (0.63%).

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 $127.91.

Thomson Reuters (NYSE:TRI) has a market capitalization of $60.36 billion and generates $6.63 billion in revenue each year. The business services provider earns $1.34 billion in net income (profit) each year or $2.88 on an earnings per share basis.

The company employs 25,200 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.