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 increased by 2.8% and is now trading at $70.84. View which stocks have been most impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Thomson Reuters in the last year. There are currently 8 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 Thursday, August 6th 2020. View our earnings forecast for Thomson Reuters.

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

Thomson Reuters announced 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 dividend yield of 2.15%. 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 updated its second quarter 2020 Pre-Market earnings guidance on Tuesday, May, 5th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.395-1.409 billion.

11 equities research analysts have issued 1-year price objectives for Thomson Reuters' shares. Their forecasts range from $65.47 to $106.00. On average, they anticipate Thomson Reuters' stock price to reach $81.85 in the next twelve months. This suggests a possible upside of 15.5% from the stock's current price. View analysts' price targets for Thomson Reuters.

Media headlines about TRI stock have trended positive recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Thomson Reuters earned a news sentiment score of 3.0 on InfoTrie's scale. They also assigned news stories about the business services provider a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutThomson Reuters.

Thomson Reuters saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 1,520,000 shares, a drop of 12.6% from the April 30th total of 1,740,000 shares. Based on an average trading volume of 721,200 shares, the days-to-cover ratio is presently 2.1 days. Approximately 0.9% of the company's shares are sold short. 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), Meredith (MDP), E. W. Scripps (SSP), 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 institutional and retail investors. Top institutional shareholders include The Manufacturers Life Insurance Company (1.08%), Massachusetts Financial Services Co. MA (0.44%), Fiera Capital Corp (0.36%), CIBC World Markets Inc. (0.35%), Clearbridge Investments LLC (0.31%) and Connor Clark & Lunn Investment Management Ltd. (0.31%).

TRI stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Toronto Dominion Bank, Raymond James & Associates, Guardian Capital LP, JPMorgan Chase & Co., Morgan Stanley, Parnassus Investments CA, and Invesco Ltd..

TRI stock was purchased by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company , Clearbridge Investments LLC, Banco Santander S.A., Sumitomo Mitsui Trust Holdings Inc., Echo Street Capital Management LLC, Assenagon Asset Management S.A., Bessemer Group Inc., and Intact Investment 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 $70.84.

Thomson Reuters has a market capitalization of $35.12 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]