Thomson Reuters (TRI) Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Thomson Reuters in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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.

5 Wall Street analysts have issued 12-month price targets for Thomson Reuters' shares. Their TRI share price forecasts range from C$139.00 to C$190.00. On average, they anticipate the company's stock price to reach C$175.00 in the next year. This suggests a possible upside of 3.4% 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 C$154.46 at the start of the year. Since then, TRI stock has increased by 9.6% and is now trading at C$169.25.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
View our TRI earnings forecast.

Thomson Reuters Co. (TSE:TRI) announced its quarterly earnings results on Wednesday, August, 2nd. The company reported $1.13 earnings per share for the quarter, beating the consensus estimate of $1.04 by $0.09. The business earned $2.21 billion during the quarter, compared to the consensus estimate of $2.24 billion. Thomson Reuters had a trailing twelve-month return on equity of 16.86% and a net margin of 31.17%.

Thomson Reuters announced a quarterly dividend on Wednesday, August 2nd. Shareholders of record on Thursday, August 17th will be paid a dividend of 0.649 per share on Friday, September 15th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.53%. The ex-dividend date of this dividend is Wednesday, August 16th. This is a positive change from the stock's previous quarterly dividend of C$0.49.
Read our dividend analysis for TRI.

Thomson Reuters (TSE:TRI) pays an annual dividend of C$2.67 per share and currently has a dividend yield of 1.52%. The dividend payout ratio is 44.95%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for TRI.

Based on aggregate information from My MarketBeat watchlists, some companies that other 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), Manulife Financial (MFC), National Bank of Canada (NA), Suncor Energy (SU) and AT&T (T).

Thomson Reuters trades on the Toronto Stock Exchange (TSX) under the ticker symbol "TRI."

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.
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One share of TRI stock can currently be purchased for approximately C$169.25.

Thomson Reuters (TSE:TRI) has a market capitalization of C$77.06 billion and generates C$6.72 billion in revenue each year. The company earns C$2.07 billion in net income (profit) each year or C$5.94 on an earnings per share basis.

The company employs 25,200 workers across the globe.

Thomson Reuters' mailing address is 333 Bay St Suite 400, TORONTO, ON M5H 2R2, Canada. The official website for the company is www.thomsonreuters.com. The company can be reached via phone at +1-646-2234000.