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TSE:TRI

Thomson Reuters (TRI) Stock Price, News & Analysis

C$223.65
-0.79 (-0.35%)
(As of 07/26/2024 ET)
Today's Range
C$222.98
C$225.89
50-Day Range
C$223.44
C$240.37
52-Week Range
C$163.01
C$242.92
Volume
289,283 shs
Average Volume
313,241 shs
Market Capitalization
C$100.76 billion
P/E Ratio
31.90
Dividend Yield
1.31%
Price Target
C$183.89

Thomson Reuters MarketRank™ Stock Analysis

Analyst Rating
Hold
2.29 Rating Score
Upside/​Downside
17.8% Downside
C$183.89 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.16mentions of Thomson Reuters in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
C$307,276 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.05 out of 5 stars

TRI stock logo

About Thomson Reuters Stock (TSE:TRI)

Thomson Reuters Corporation engages in the provision of business information services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. The Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics to law firms and governments. The Corporates segment provides a suite of content-driven technologies, including generative AI, integrated workflow solutions to small businesses to multinational organizations. The Tax & Accounting Professionals segment offers research and workflow products focusing on tax offerings and automating tax workflows to tax, accounting, and audit professionals in accounting firms. The Reuters News segment provides business, financial, and international news to media organizations, professional, and news consumers through Reuters News Agency, Reuters.com, Reuters Events, Thomson Reuters products, and to financial market professionals. The Global Print segment offers legal and tax information primarily in print format. The company was formerly known as The Thomson Corporation and changed its name to Thomson Reuters Corporation in April 2008. The company was founded in 1851 and is based in Toronto, Canada. Thomson Reuters Corporation operates as a subsidiary of The Woodbridge Company Limited.

TRI Stock Price History

TRI Stock News Headlines

625,000% Gain
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Thomson Reuters (TRI) Set to Announce Quarterly Earnings on Thursday
TRI Aug 2024 155.000 put (TRI240816P00155000)
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625,000% Gain
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Canadian Market Down Sharply On Widespread Selling
Thomson Reuters Corporation Q1 Income Drops
Thomson Reuters: Q1 Earnings Snapshot
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Ex-Dividend for 6/10 Dividend
5/15/2024
Dividend Payable
6/10/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/01/2024

Industry, Sector and Symbol

Industry
Specialty Business Services
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
25,600
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$183.89
High Stock Price Target
C$235.00
Low Stock Price Target
C$146.00
Potential Upside/Downside
-17.8%
Consensus Rating
Hold
Rating Score (0-4)
2.29
Research Coverage
7 Analysts

Profitability

Net Income
C$2.37 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$6.94 billion
Cash Flow
C$2.48 per share
Book Value
C$24.49 per share

Miscellaneous

Free Float
N/A
Market Cap
C$100.76 billion
Optionable
Not Optionable
Beta
0.38
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Key Executives

  • Mr. Stephen John Hasker B.Com. (Age 54)
    M.B.A., President, CEO & Director
    Comp: $5.58M
  • Mr. Michael Eastwood (Age 57)
    Chief Financial Officer
    Comp: $2.58M
  • Ms. Kirsty Roth (Age 48)
    Chief Operations & Technology Officer
    Comp: $2.46M
  • Mr. David Wong (Age 39)
    Chief Product Officer
    Comp: $2.22M
  • Ms. Linda J. Walker
    Chief Accounting Officer, Senior VP & Controller
  • Mr. Gary Elftman Bisbee C.F.A.
    Head of Investor Relations
  • Ms. Norie C. Campbell (Age 52)
    Chief Legal Officer & Company Secretary
  • Ms. Mary-Alice Vuicic (Age 56)
    Executive VP & Chief People Officer
    Comp: $633.35k
  • Ms. Carla Jones (Age 60)
    Chief of Staff
  • Ms. Sue Brooks
    Interim Head of Reuters News Agency

Should I Buy Thomson Reuters Stock? TRI Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Thomson Reuters Co.:

  • Thomson Reuters reported strong earnings per share (EPS) of C$1.50 for the quarter, surpassing analysts' estimates by C$0.23, indicating solid financial performance.
  • The company had revenue of C$2.54 billion during the quarter, higher than analysts' expectations, showcasing robust revenue generation.
  • Thomson Reuters increased its dividend payout, with a quarterly dividend of $0.73, representing a positive change and a dividend yield of 1.24%.
  • Insider transactions show confidence in the company, with senior officers and directors purchasing and selling shares, indicating belief in the company's future prospects.
  • Wall Street analysts have provided positive ratings and forecasts for Thomson Reuters, with several analysts giving buy or hold ratings, suggesting growth potential.

Cons

Investors should be bearish about investing in Thomson Reuters Co. for these reasons:

  • The stock price of Thomson Reuters has experienced fluctuations, with a 52-week high of C$242.92 and a 52-week low of C$163.01, indicating volatility in the stock.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, June 30, 2024. Please send any questions or comments about these Thomson Reuters pros and cons to contact@marketbeat.com.

TRI Stock Analysis - Frequently Asked Questions

How have TRI shares performed this year?

Thomson Reuters' stock was trading at C$193.73 on January 1st, 2024. Since then, TRI stock has increased by 15.4% and is now trading at C$223.65.
View the best growth stocks for 2024 here
.

How were Thomson Reuters' earnings last quarter?

Thomson Reuters Co. (TSE:TRI) announced its quarterly earnings results on Thursday, May, 2nd. The company reported $1.50 earnings per share for the quarter, topping analysts' consensus estimates of $1.27 by $0.23. The business had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.50 billion. Thomson Reuters had a net margin of 34.87% and a trailing twelve-month return on equity of 20.18%.

How do I buy shares of Thomson Reuters?

Shares of TRI stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Thomson Reuters own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Thomson Reuters investors own include Toronto-Dominion Bank (TD), Bank of Nova Scotia (BNS), BCE (BCE), Enbridge (ENB), Royal Bank of Canada (RY), Canadian Imperial Bank of Commerce (CM) and Manulife Financial (MFC).

This page (TSE:TRI) was last updated on 7/27/2024 by MarketBeat.com Staff

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