Should I buy or sell Thomson Reuters stock right now?

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

What is Thomson Reuters' stock price target for 2024?

4 brokers have issued 1 year target prices for Thomson Reuters' stock. Their TRI share price targets range from C$133.00 to C$201.00. On average, they expect the company's stock price to reach C$175.71 in the next twelve months. This suggests that the stock has a possible downside of 7.7%. View analysts price targets for TRI or view top-rated stocks among Wall Street analysts .

How have TRI shares performed in 2023?

Thomson Reuters' stock was trading at C$154.46 at the beginning of 2023. Since then, TRI shares have increased by 23.2% and is now trading at C$190.28. View the best growth stocks for 2023 here .

When is Thomson Reuters' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 8th 2024. View our TRI earnings forecast .

How were Thomson Reuters' earnings last quarter?

Thomson Reuters Co. (TSE:TRI) released its quarterly earnings results on Wednesday, November, 1st. The company reported $1.10 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.19. The company earned $2.14 billion during the quarter, compared to analyst estimates of $2.15 billion. Thomson Reuters had a trailing twelve-month return on equity of 18.53% and a net margin of 33.14%.

How often does Thomson Reuters pay dividends? What is the dividend yield for Thomson Reuters?

Thomson Reuters announced a quarterly dividend on Wednesday, November 1st. Stockholders of record on Thursday, November 16th will be given a dividend of 0.68 per share on Friday, December 15th. This represents a $2.72 annualized dividend and a yield of 1.43%. The ex-dividend date of this dividend is Wednesday, November 15th. This is a boost from the stock's previous quarterly dividend of C$0.65. Read our dividend analysis for TRI .

Is Thomson Reuters a good dividend stock?

Thomson Reuters (TSE:TRI) pays an annual dividend of C$2.70 per share and currently has a dividend yield of 1.42%. The dividend payout ratio is 41.99%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for TRI .

What other stocks do shareholders of Thomson Reuters own?

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) .

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 .

Thomson Reuters Stock Price, News & Analysis (TSE:TRI)

C$190.28

+0.70 (+0.37%)

(As of 12/1/2023 08:56 PM ET)

Compare

Today's Range: C$188.93
▼
C$190.40
50-Day Range: C$163.51
▼
C$192.31
52-Week Range: C$151.02
▼
C$193.43

Volume: 293,563 shs
Average Volume: 326,914 shs
Market Capitalization: C$86.67 billion

P/E Ratio: 29.59
Dividend Yield: 1.42%
Price Target: C$175.71

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Thomson Reuters MarketRank™ Stock Analysis

Analyst Rating: Hold
2.25 Rating Score
Upside/Downside: 7.7% Downside
C$175.71 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
C$3.04 M Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.52 out of 5 stars

1.1

Analyst's Opinion

Consensus Rating
Thomson Reuters has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$175.71, Thomson Reuters has a forecasted downside of 7.7% from its current price of C$190.28.
Amount of Analyst Coverage
Thomson Reuters has only been the subject of 3 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for TRI.

1.7

Dividend Strength

Dividend Yield
Thomson Reuters pays a meaningful dividend of 1.42%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Thomson Reuters does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Thomson Reuters is 41.99%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TRI.

2.1

News and Social Media Coverage

News Sentiment
Thomson Reuters has a news sentiment score of 0.76. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.34 average news sentiment score of Industrials companies.
Search Interest
Only 2 people have searched for TRI on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Thomson Reuters to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Thomson Reuters insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$3,041,143.00 in company stock.
Percentage Held by Insiders
66.58% of the stock of Thomson Reuters is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 21.44% of the stock of Thomson Reuters is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Thomson Reuters is 29.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 108.93.
Price to Earnings Ratio vs. Sector
The P/E ratio of Thomson Reuters is 29.59, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 285.85.
Price to Earnings Growth Ratio
Thomson Reuters has a PEG Ratio of 2.53. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Thomson Reuters has a P/B Ratio of 7.74. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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-enabled technology solutions for legal, tax, regulatory, compliance, and IT professionals. 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 to legal and tax professionals, governments, law schools, and corporations. 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

30 days | 90 days | 365 days | Advanced Chart

TRI Stock News Headlines

November 26, 2023 | seekingalpha.com

Thomson Reuters: Organic Growth Stabilizing, But Still Expensive

November 25, 2023 | americanbankingnews.com

Michael Keith Eastwood Sells 17,960 Shares of Thomson Reuters Co. (TSE:TRI) Stock

December 4, 2023 | DTI Trader (Ad)

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November 20, 2023 | seekingalpha.com

Thomson Reuters: Favorable Takeaways From Recent Investor Event Participation

November 14, 2023 | finance.yahoo.com

Thomson Reuters Corp's Dividend Analysis

November 3, 2023 | finance.yahoo.com

Thomson Reuters Stock, An AI Play Closing In On Key Benchmark, Gets Rating Upgrade

November 1, 2023 | markets.businessinsider.com

Analysts Conflicted on These Financial Names: Thomson Reuters (TRI), Global Payments (GPN) and Arch Capital Group (ACGL)

November 1, 2023 | msn.com

Thomson Reuters reports Q3 profit rises to US$367M, revenue edges higher

December 4, 2023 | DTI Trader (Ad)

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November 1, 2023 | msn.com

Thomson Reuters profit beats estimates amid AI push

October 25, 2023 | thomsonreuters.com

New global online resource center launches to support the fight against human trafficking

October 23, 2023 | finance.yahoo.com

Investors Will Want Thomson Reuters' (TSE:TRI) Growth In ROCE To Persist

October 11, 2023 | finance.yahoo.com

Zacks Industry Outlook Highlights Thomson Reuters, Marvell Technology, Trane Technologies and Aptiv PLC

September 29, 2023 | thomsonreuters.com

Multinational companies are facing increased pressure to comply with sanctions and evolving regulations in global trade

September 27, 2023 | benzinga.com

Here's How Much You Would Have Made Owning Thomson Reuters Stock In The Last 10 Years

September 27, 2023 | msn.com

AI's Legal Challenge - Jury to Unravel Thomson Reuters and Ross Intelligence Dispute

September 25, 2023 | finance.yahoo.com

Thomson Reuters AI copyright dispute must go to trial, judge says

September 18, 2023 | msn.com

Thomson Reuters Stock – Is it Worth the Steep Price?

September 12, 2023 | msn.com

Thomson Reuters: Valuation Relative To Peers Remain Unattractive

September 7, 2023 | markets.businessinsider.com

Thomson Reuters And Blackstone Announces Sale Of LSEG Shares

September 6, 2023 | theglobeandmail.com

LSEG investors Thomson Reuters, Blackstone to sell £2.3-billion worth of shares in bourse operator

August 24, 2023 | theglobeandmail.com

David Binet to step down from Thomson Reuters board

August 22, 2023 | finance.yahoo.com

David W. Binet to Resign from Thomson Reuters Board of Directors

August 22, 2023 | theglobeandmail.com

Closing Bell: Thomson Reuters Corp Prf Srs 2 down on Monday (TRI-PR-B)

August 3, 2023 | baystreet.ca

Thomson Reuters Reports Q2 Profit Of $894 Million

August 2, 2023 | baystreet.ca

Thomson Hits New 52-Week High on News

August 2, 2023 | theglobeandmail.com

Thomson Reuters reports higher second-quarter revenue as it pushes forward generative AI tools

See More Headlines

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Company Calendar

Ex-Dividend for 9/15 Dividend: 8/16/2023
Dividend Payable: 9/15/2023
Last Earnings: 11/01/2023
Ex-Dividend for 12/15 Dividend: 11/15/2023
Today: 12/04/2023
Dividend Payable: 12/15/2023
Next Earnings (Estimated): 2/08/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Specialty Business Services
Sub-Industry: N/A
Sector: Industrials
Current Symbol: TSE:TRI
Previous Symbol: TSE:TOC
CUSIP: N/A
CIK: N/A
Web: www.thomsonreuters.com
Phone: +1-646-2234000
Fax: N/A
Employees: 25,200
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$175.71
High Stock Price Target: C$201.00
Low Stock Price Target: C$133.00
Potential Upside/Downside: -7.7%
Consensus Rating: Hold
Rating Score (0-4): 2.25
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$6.43
Trailing P/E Ratio: 29.59
Forward P/E Ratio: 37.74
P/E Growth: 2.53
Net Income: C$2.17 billion
Net Margins: 33.14%
Pretax Margin: N/A
Return on Equity: 18.53%
Return on Assets: 5.82%

Debt

Debt-to-Equity Ratio: 40.94
Current Ratio: 1.05
Quick Ratio: 0.52

Sales & Book Value

Annual Sales: C$6.74 billion
Price / Sales: 12.86
Cash Flow: C$2.11 per share
Price / Cash Flow: 90.25
Book Value: C$24.57 per share
Price / Book: 7.74

Miscellaneous

Outstanding Shares: 455,490,000
Free Float: N/A
Market Cap: C$86.67 billion
Optionable: Not Optionable
Beta: 0.34

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Key Executives

Mr. Stephen John Hasker B.Com. (Age 53)
M.B.A., President, CEO & Director
Comp: $5.59M
Mr. Michael Eastwood (Age 56)
Chief Financial Officer
Comp: $2.59M
Ms. Kirsty Roth (Age 47)
Chief Operations & Technology Officer
Comp: $2.47M
Mr. David Wong (Age 38)
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
Chief Legal Officer & Company Secretary
Mr. Alex Thompson
Chief Communications Officer
Ms. Mary-Alice Vuicic (Age 54)
Executive VP & Chief People Officer
Comp: $634.96k
Ms. Carla Jones (Age 59)
Chief of Staff

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

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

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Thomson Reuters was last updated on Tuesday, November 28, 2023 at 10:54 PM.

Pros

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

Thomson Reuters Co. has been consistently ranked as one of the most trustworthy companies in the world among business and professional services organizations.
Thomson Reuters Co. has been recognized by Gartner as a Representative Vendor in the Market Guide for ESG Management and Reporting Software, indicating its commitment to corporate responsibility and sustainability.
Thomson Reuters Co. offers a wide range of professional information, software solutions, and services, making it a valuable resource for professionals in various industries.
Thomson Reuters Co. has a strong track record of driving up standards of corporate performance and ESG across multiple sectors.
Thomson Reuters Co. is a global leader in its industry, providing reliable and up-to-date information and solutions to millions of professionals worldwide.

Cons

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

Thomson Reuters Co.'s stock price may be subject to market volatility and fluctuations.
Investing in Thomson Reuters Co. may require a deep understanding of the professional information and software solutions industry, which can be complex and rapidly evolving.
Thomson Reuters Co.'s financial performance may be influenced by factors such as changes in regulations, competition, and technological advancements.
Investors should carefully consider their investment goals and risk tolerance before investing in Thomson Reuters Co.
Thomson Reuters Co.'s financial statements and reports should be thoroughly analyzed to assess its financial health and growth potential.

TRI Stock Analysis - Frequently Asked Questions

Should I buy or sell Thomson Reuters stock right now?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Thomson Reuters in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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.
What is Thomson Reuters' stock price target for 2024?: 4 brokers have issued 1 year target prices for Thomson Reuters' stock. Their TRI share price targets range from C$133.00 to C$201.00. On average, they expect the company's stock price to reach C$175.71 in the next twelve months. This suggests that the stock has a possible downside of 7.7%.
View analysts price targets for TRI or view top-rated stocks among Wall Street analysts.
How have TRI shares performed in 2023?: Thomson Reuters' stock was trading at C$154.46 at the beginning of 2023. Since then, TRI shares have increased by 23.2% and is now trading at C$190.28.
View the best growth stocks for 2023 here.
When is Thomson Reuters' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, February 8th 2024.
View our TRI earnings forecast.
How were Thomson Reuters' earnings last quarter?: Thomson Reuters Co. (TSE:TRI) released its quarterly earnings results on Wednesday, November, 1st. The company reported $1.10 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.19. The company earned $2.14 billion during the quarter, compared to analyst estimates of $2.15 billion. Thomson Reuters had a trailing twelve-month return on equity of 18.53% and a net margin of 33.14%.

How often does Thomson Reuters pay dividends? What is the dividend yield for Thomson Reuters?: Thomson Reuters announced a quarterly dividend on Wednesday, November 1st. Stockholders of record on Thursday, November 16th will be given a dividend of 0.68 per share on Friday, December 15th. This represents a $2.72 annualized dividend and a yield of 1.43%. The ex-dividend date of this dividend is Wednesday, November 15th. This is a boost from the stock's previous quarterly dividend of C$0.65.
Read our dividend analysis for TRI.
Is Thomson Reuters a good dividend stock?: Thomson Reuters (TSE:TRI) pays an annual dividend of C$2.70 per share and currently has a dividend yield of 1.42%. The dividend payout ratio is 41.99%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for TRI.
What other stocks do shareholders of Thomson Reuters own?: 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).
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.

This page (TSE:TRI) was last updated on 12/4/2023 by MarketBeat.com Staff

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Thomson Reuters Stock Price, News & Analysis (TSE:TRI)

Thomson Reuters MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Thomson Reuters Stock (TSE:TRI)

TRI Stock Price History

TRI Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

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

Pros

Cons

TRI Stock Analysis - Frequently Asked Questions

Overall MarketRank^™