Thomson Reuters Corporation (Thomson Reuters) is a provider of news and information for professional markets. The Company is organized in three business units: Financial & Risk, Legal, and Tax & Accounting. The Financial & Risk segment is a provider of critical news, information and analytics, enabling transactions and connecting communities of trading, investment, financial and corporate professionals. The Legal segment is a provider of critical online and print information, decision tools, software and services that support legal, investigation, business and government professionals around the world. The Tax & Accounting segment is a provider of integrated tax compliance and accounting information, software and services for professionals in accounting firms, corporations, law firms and government. The Company also operates Reuters, Global Growth Organization (GGO), and Enterprise Technology & Operations (ET&O). Thomson Reuters operates in over 100 countries.
Industry, Sector and Symbol:
- Sector: Business Services
- Industry: Professional Information Services - NEC
- Sub-Industry: Publishing
- Symbol: NYSE:TRI
- CUSIP: 88490310
- Web: www.thomsonreuters.com
- Market Cap: $33.12 billion
- Outstanding Shares: 721,850,000
- 50 Day Moving Avg: $45.75
- 200 Day Moving Avg: $44.30
- 52 Week Range: $39.23 - $47.04
Sales & Book Value:
- Trailing P/E Ratio: 10.87
- Foreward P/E Ratio: 17.85
- P/E Growth: 1.76
- Annual Revenue: $11.19 billion
- Price / Sales: 2.96
- Book Value: $17.65 per share
- Price / Book: 2.60
- Annual Dividend: $1.38
- Dividend Yield: 3.1%
- EBIDTA: $2.5 billion
- Net Margins: 28.14%
- Return on Equity: 13.37%
- Return on Assets: 6.07%
- Debt-to-Equity Ratio: 0.48%
- Current Ratio: 0.82%
- Quick Ratio: 0.82%
- Average Volume: 1.48 million shs.
- Beta: 0.75
- Short Ratio: 1.7
Frequently Asked Questions for Thomson Reuters Corp (NYSE:TRI)
What is Thomson Reuters Corp's stock symbol?
Thomson Reuters Corp trades on the New York Stock Exchange (NYSE) under the ticker symbol "TRI."
How often does Thomson Reuters Corp pay dividends? What is the dividend yield for Thomson Reuters Corp?
Thomson Reuters Corp declared a quarterly dividend on Friday, April 28th. Investors of record on Thursday, May 18th will be given a dividend of $0.345 per share on Thursday, June 15th. This represents a $1.38 annualized dividend and a dividend yield of 3.01%. The ex-dividend date of this dividend is Tuesday, May 16th. View Thomson Reuters Corp's Dividend History.
How will Thomson Reuters Corp's stock buyback program work?
Thomson Reuters Corp declared that its Board of Directors has initiated a stock repurchase program on Sunday, June 4th 2017, which permits the company to buyback 36,000,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its stock is undervalued.
How were Thomson Reuters Corp's earnings last quarter?
Thomson Reuters Corp (NYSE:TRI) announced its quarterly earnings data on Thursday, July, 28th. The company reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.01. The firm earned $2.77 billion during the quarter, compared to analyst estimates of $2.83 billion. Thomson Reuters Corp had a net margin of 28.14% and a return on equity of 13.37%. The business's quarterly revenue was down 1.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.52 earnings per share. View Thomson Reuters Corp's Earnings History.
When will Thomson Reuters Corp make its next earnings announcement?
Where is Thomson Reuters Corp's stock going? Where will Thomson Reuters Corp's stock price be in 2017?
12 brokerages have issued 12-month target prices for Thomson Reuters Corp's stock. Their forecasts range from $37.00 to $65.00. On average, they expect Thomson Reuters Corp's share price to reach $48.50 in the next year. View Analyst Ratings for Thomson Reuters Corp.
What are analysts saying about Thomson Reuters Corp stock?
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)
Are investors shorting Thomson Reuters Corp?
Thomson Reuters Corp saw a drop in short interest in 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. Approximately 1.2% of the shares of the company are sold short.
Who are some of Thomson Reuters Corp's key competitors?
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).
Who are Thomson Reuters Corp's key executives?
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
Who owns Thomson Reuters Corp stock?
Thomson Reuters Corp's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Jarislowsky Fraser Ltd (1.28%), Beutel Goodman & Co Ltd. (0.67%), Great West Life Assurance Co. Can (0.23%), CIBC Asset Management Inc (0.12%), Russell Investments Group Ltd. (0.10%) and Nexus Investment Management Inc. (0.06%). View Institutional Ownership Trends for Thomson Reuters Corp.
Who sold Thomson Reuters Corp stock? Who is selling Thomson Reuters Corp stock?
Thomson Reuters Corp's stock was sold by a variety of institutional investors in the last quarter, including Great West Life Assurance Co. Can, Beutel Goodman & Co Ltd., Jarislowsky Fraser Ltd, Acadian Asset Management LLC, Russell Investments Group Ltd., First Quadrant L P CA, Douglas Lane & Associates LLC and Nisa Investment Advisors LLC. View Insider Buying and Selling for Thomson Reuters Corp.
Who bought Thomson Reuters Corp stock? Who is buying Thomson Reuters Corp stock?
Thomson Reuters Corp's stock was purchased by a variety of institutional investors in the last quarter, including CIBC Asset Management Inc, 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 and Capital One National Association. View Insider Buying and Selling for Thomson Reuters Corp.
How do I buy Thomson Reuters Corp stock?
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.
What is Thomson Reuters Corp's stock price today?
MarketBeat Community Rating for Thomson Reuters Corp (NYSE TRI)MarketBeat's community ratings are surveys of what our community members think about Thomson Reuters Corp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Thomson Reuters Corp stock can currently be purchased for approximately $45.88.
Consensus Ratings for Thomson Reuters Corp (NYSE:TRI) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 7 Hold Ratings, 4 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.25)|
|Consensus Price Target: ||$48.50 (5.71% upside)|
Analysts' Ratings History for Thomson Reuters Corp (NYSE:TRI)
(Data available from 7/28/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|7/27/2017||Royal Bank Of Canada||Reiterated Rating||Hold||$44.00||Low|
|7/20/2017||TD Securities||Lower Price Target||Hold||$65.00 -> $61.00||Low|
|7/18/2017||Morgan Stanley||Reiterated Rating||Equal Weight||$48.00 -> $49.00||Low|
|6/19/2017||Deutsche Bank AG||Upgrade||Hold -> Buy||$44.00 -> $50.00||High|
|6/15/2017||Macquarie||Upgrade||Neutral -> Outperform||High|
|5/2/2017||BMO Capital Markets||Boost Price Target||Outperform||$64.00 -> $65.00||Medium|
|5/1/2017||Scotiabank||Boost Price Target||Sector Perform||$43.00 -> $45.00||Low|
|5/1/2017||Canaccord Genuity||Downgrade||Buy -> Hold||$47.00||High|
|4/20/2017||Berenberg Bank||Initiated Coverage||Sell -> Sell||$37.00||High|
|4/17/2017||National Bank Financial||Upgrade||Sector Perform Market Weight -> Outperform Market Weight||Low|
|11/3/2016||J P Morgan Chase & Co||Reiterated Rating||Neutral||N/A|
|11/3/2016||CIBC||Reiterated Rating||Outperform||$44.00 -> $45.00||N/A|
|8/23/2016||Barclays PLC||Boost Price Target||Equal Weight||$40.00 -> $42.00||N/A|
|7/12/2016||Credit Suisse Group||Reiterated Rating||Buy||N/A|
|2/16/2016||Nomura||Lower Price Target||Neutral||$43.00 -> $42.00||N/A|
|2/14/2016||FBR & Co||Reiterated Rating||Hold||$39.00||N/A|
|1/7/2016||Bank of America Corporation||Downgrade||Buy -> Neutral||$40.00||N/A|
Earnings History for Thomson Reuters Corp (NYSE:TRI)Earnings History by Quarter for Thomson Reuters Corp (NYSE TRI)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|4/28/2017||3/31/2017||$0.53||$0.63||$2.80 billion||$2.82 billion||View||N/A|
|2/9/2017||Q416||$0.58||$0.60||$2.87 billion||$2.86 billion||View||Listen|
|11/1/2016||Q316||$0.48||$0.54||$2.75 billion||$2.74 billion||View||N/A|
|7/28/2016||Q216||$0.49||$0.50||$2.83 billion||$2.77 billion||View||Listen|
|4/26/2016||Q116||$0.44||$0.48||$2.81 billion||$2.79 billion||View||Listen|
|2/11/2016||Q415||$0.58||$0.65||$3.17 billion||$3.15 billion||View||Listen|
|10/23/2015||Q315||$0.49||$0.52||$3.03 billion||$2.98 billion||View||Listen|
|7/29/2015||Q215||$0.49||$0.52||$3.07 billion||$3.04 billion||View||Listen|
|4/29/2015||Q115||$0.45||$0.44||$3.03 billion||$3.04 million||View||N/A|
|2/11/2015||Q414||$0.47||$0.43||$3.24 billion||$3.21 billion||View||N/A|
|10/30/2014||Q314||$0.45||$0.45||$3.10 billion||$3.10 billion||View||N/A|
|7/30/2014||Q214||$0.46||$0.51||$3.13 billion||$3.20 billion||View||N/A|
|4/30/2014||Q114||$0.38||$0.46||$3.10 billion||$3.13 billion||View||N/A|
|2/11/2014||Q413||$0.53||$0.21||$3.28 billion||$3.28 billion||View||N/A|
|10/29/2013||Q313||$0.46||$0.48||$3.12 billion||$3.10 billion||View||N/A|
|7/30/2013||Q213||$0.45||$0.48||$3.15 billion||$3.16 billion||View||N/A|
|4/30/2013||Q113||$0.32||$0.38||$3.15 billion||$3.18 billion||View||N/A|
|2/13/2013||Q412||$0.55||$0.60||$3.37 billion||$3.40 billion||View||N/A|
|11/2/2012||Q312||$0.48||$0.54||$3.20 billion||$3.22 billion||View||N/A|
Earnings Estimates for Thomson Reuters Corp (NYSE:TRI)
2017 EPS Consensus Estimate: $2.34
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Thomson Reuters Corp (NYSE:TRI)
|Most Recent Dividend:||6/15/2017|
|Dividend Growth:||1.50% (3 Year Average)|
|Payout Ratio:||32.47% (Trailing 12 Months of Earnings) |
58.47% (Based on This Year's Estimates)
53.70% (Based on Next Year's Estimates)
|Track Record:||9 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Thomson Reuters Corp (NYSE TRI)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Thomson Reuters Corp (NYSE:TRI)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Thomson Reuters Corp (NYSE:TRI)
Latest Headlines for Thomson Reuters Corp (NYSE:TRI)
Thomson Reuters Corp (TRI) Chart for Friday, July, 28, 2017