NYSE:TRI - Thomson Reuters Stock Price, Forecast & News

Thomson Reuters' stock was trading at $68.92 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, TRI shares have decreased by 9.7% and is now trading at $62.21. View which stocks have been mosted impacted by Coronavirus.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Thomson Reuters in the last year. There are currently 1 sell rating, 5 hold ratings and 6 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 Wednesday, May 13th 2020. View our earnings forecast for Thomson Reuters.

Thomson Reuters Corp (NYSE:TRI) issued its quarterly earnings data on Tuesday, February, 25th. The business services provider reported $0.37 earnings per share for the quarter, topping analysts' consensus estimates of $0.31 by $0.06. The business services provider earned $1.58 billion during the quarter, compared to analyst estimates of $1.60 billion. Thomson Reuters had a return on equity of 7.13% and a net margin of 26.84%. The business's revenue for the quarter was up 4.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.20 earnings per share. View Thomson Reuters' earnings history.

Thomson Reuters declared a quarterly dividend on Tuesday, February 25th. Stockholders of record on Friday, March 6th will be paid a dividend of $0.287 per share on Wednesday, March 18th. This represents a $1.15 annualized dividend and a dividend yield of 1.85%. The ex-dividend date is Thursday, March 5th. View Thomson Reuters' dividend history.

Thomson Reuters updated its FY 2020 Pre-Market earnings guidance on Tuesday, February, 25th. The company provided EPS guidance of 1.51-1.54 for the period. The company issued revenue guidance of $6.172-6.231 billion.

12 Wall Street analysts have issued 1 year target prices for Thomson Reuters' shares. Their forecasts range from $65.47 to $95.00. On average, they anticipate Thomson Reuters' stock price to reach $81.13 in the next year. This suggests a possible upside of 30.4% from the stock's current price. View analysts' price targets for Thomson Reuters.

Media coverage about TRI stock has been trending extremely negative on Sunday, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Thomson Reuters earned a coverage optimism score of -4.0 on InfoTrie's scale. They also gave media coverage about the business services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news aboutThomson Reuters.

Thomson Reuters saw a increase in short interest in March. As of March 13th, there was short interest totaling 2,628,400 shares, an increase of 6.8% from the February 27th total of 2,460,000 shares. Based on an average daily volume of 479,700 shares, the short-interest ratio is currently 5.5 days. Approximately 1.6% of the shares of the company 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), E. W. Scripps (SSP), Meredith (MDP), Daily Journal (DJCO), Value Line (VALU) and McClatchy (MNI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Thomson Reuters investors own include Encana (ECA), Bombardier, Inc. Class B (BBD.B), Bank of America (BAC), AT&T (T), Verizon Communications (VZ), Intel (INTC), AbbVie (ABBV), Brookfield Asset Management (BAM), Mcdonald's (MCD) and General Electric (GE).

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 Jarislowsky Fraser Ltd (1.93%), FIL Ltd (1.59%), TD Asset Management Inc. (0.83%), Massachusetts Financial Services Co. MA (0.77%), Norges Bank (0.49%) and FMR LLC (0.45%).

TRI stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Nexus Investment Management Inc., Goldman Sachs Group Inc., Russell Investments Group Ltd., Assenagon Asset Management S.A., Bank of America Corp DE, Connor Clark & Lunn Investment Management Ltd., and Tobam.

TRI stock was purchased by a variety of institutional investors in the last quarter, including FIL Ltd, Norges Bank, Samlyn Capital LLC, Waratah Capital Advisors Ltd., Montrusco Bolton Investments Inc., Cidel Asset Management Inc., Fiera Capital Corp, and FMR LLC.

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 $62.21.

Thomson Reuters has a market capitalization of $30.80 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 25,800 workers across the globe. View additional information about Thomson Reuters.

The official website for Thomson Reuters is http://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]