Should I buy or sell Thomson Reuters stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Thomson Reuters in the last year. There are currently 1 sell rating, 4 hold ratings and 2 buy ratings 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 .

What is Thomson Reuters' stock price target for 2024?

7 Wall Street research analysts have issued 12-month price targets for Thomson Reuters' stock. Their TRI share price targets range from C$146.00 to C$225.00. On average, they predict the company's share price to reach C$181.78 in the next twelve months. This suggests that the stock has a possible downside of 13.9%. View analysts price targets for TRI or view top-rated stocks among Wall Street analysts .

How have TRI shares performed in 2024?

Thomson Reuters' stock was trading at C$193.73 at the beginning of the year. Since then, TRI stock has increased by 8.9% and is now trading at C$211.01. View the best growth stocks for 2024 here .

When is Thomson Reuters' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our TRI earnings forecast .

How were Thomson Reuters' earnings last quarter?

Thomson Reuters Co. (TSE:TRI) announced its quarterly earnings results on Thursday, February, 8th. The company reported $1.34 EPS for the quarter, topping the consensus estimate of $1.25 by $0.09. The firm earned $2.47 billion during the quarter, compared to analyst estimates of $2.52 billion. Thomson Reuters had a net margin of 39.67% and a trailing twelve-month return on equity of 23.06%.

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

Thomson Reuters declared a quarterly dividend on Thursday, February 8th. Shareholders of record on Wednesday, February 21st will be given a dividend of 0.54 per share on Friday, March 8th. This represents a $2.16 annualized dividend and a yield of 1.02%. The ex-dividend date of this dividend is Tuesday, February 20th. Read our dividend analysis for TRI .

Is Thomson Reuters a good dividend stock?

Thomson Reuters (TSE:TRI) pays an annual dividend of C$2.91 per share and currently has a dividend yield of 1.38%. The dividend payout ratio is 37.36%. 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 .

TSE:TRI

Thomson Reuters (TRI) Stock Price, News & Analysis

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Free TRI Stock Alerts

C$211.02

+0.71 (+0.34%)

(As of 01:43 PM ET)

Compare

Today's Range: C$209.97
▼
C$211.68
50-Day Range: C$200.99
▼
C$216.26
52-Week Range: C$159.25
▼
C$217.83

Volume: 75,275 shs
Average Volume: 247,602 shs
Market Capitalization: C$95.25 billion

P/E Ratio: 27.09
Dividend Yield: 1.38%
Price Target: C$181.78

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Get Thomson Reuters alerts:

Thomson Reuters MarketRank™ Stock Analysis

Analyst Rating: Hold
2.14 Rating Score
Upside/Downside: 13.9% Downside
C$181.78 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$839,955 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.

1.10 out of 5 stars

2.1

Analyst's Opinion

Consensus Rating
Thomson Reuters has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on 2 buy ratings, 4 hold ratings, and 1 sell rating.
Amount of Analyst Coverage
Thomson Reuters has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

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 1.38%, 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 37.36%. 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.

0.0

News and Social Media Coverage

Search Interest
Only 2 people have searched for TRI on MarketBeat in the last 30 days. This is a decrease of -60% 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.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Thomson Reuters insiders have sold 6,120.97% more of their company's stock than they have bought. Specifically, they have bought C$13,502.00 in company stock and sold C$839,955.00 in company stock.
Percentage Held by Insiders
69.49% 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 22.30% 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 27.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.86.
Price to Earnings Ratio vs. Sector
The P/E ratio of Thomson Reuters is 27.09, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 397.26.
Price to Earnings Growth Ratio
Thomson Reuters has a PEG Ratio of 3.64. 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 8.73. 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

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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

30 days | 90 days | 365 days | Advanced Chart

TRI Stock News Headlines

March 23, 2024 | insidertrades.com

Thomson Reuters Co. (TSE:TRI) Director Linda Walker Sells 4,750 Shares

March 19, 2024 | insidertrades.com

Peter J. Thomson Purchases 86 Shares of Thomson Reuters Co. (TSE:TRI) Stock

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

April 1, 2024 | msn.com

T.Rowe Price backs Disney directors in boardroom challenge with hedge funds

March 13, 2024 | markets.businessinsider.com

Analysts Offer Insights on Industrial Goods Companies: Thomson Reuters (TRI) and Archer Daniels Midland (ADM)

February 26, 2024 | markets.businessinsider.com

Thomson Reuters Buys Sweden's Pagero In $800 Mln Deal

February 26, 2024 | finance.yahoo.com

Thomson Reuters Successful Acquisition of Pagero Paves the Way for Significant Growth Opportunities

February 24, 2024 | msn.com

Thomson Reuters (TRI) Price Target Increased by 12.46% to 113.79

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

February 23, 2024 | fool.ca

Up 30% This Year, Thomson Reuters Stock Still Has an Ace up its Sleeve

February 20, 2024 | finance.yahoo.com

Thomson Reuters to host Investor Day in New York

February 16, 2024 | finance.yahoo.com

Thomson Reuters (TSE:TRI) Could Be A Buy For Its Upcoming Dividend

February 15, 2024 | benzinga.com

Monday Is Your Last Chance To Buy Thomson Reuters Before The Dividend Payout

February 11, 2024 | seekingalpha.com

Thomson Reuters: Good Results And Positive Outlook Support A Buy Rating

February 11, 2024 | finance.yahoo.com

Results: Thomson Reuters Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates

February 9, 2024 | markets.businessinsider.com

RBC Capital Maintains Sector Perform Rating for Thomson Reuters: Here's What You Need To Know

February 9, 2024 | finance.yahoo.com

Thomson Reuters Corporation (NYSE:TRI) Q4 2023 Earnings Call Transcript

February 9, 2024 | theglobeandmail.com

Thomson Reuters lays groundwork for revenue gain from AI services, acquisitions

February 9, 2024 | realmoney.thestreet.com

Thomson Reuters price target raised by C$9 at National Bank, here's why

February 8, 2024 | msn.com

Thomson Reuters Announces Strong Earnings And A.I. Licensing Deals

February 8, 2024 | msn.com

Thomson Reuters' adjusted EPS beats expectations, AI boosts results

February 8, 2024 | finance.yahoo.com

Compared to Estimates, Thomson Reuters (TRI) Q4 Earnings: A Look at Key Metrics

February 8, 2024 | theglobeandmail.com

Thomson Reuters reports higher than expected fourth-quarter revenue

February 8, 2024 | markets.businessinsider.com

Thomson Reuters Corporation Q4 Profit Increases, beats estimates

February 8, 2024 | msn.com

Thomson Reuters reports higher fourth quarter revenue

February 8, 2024 | finance.yahoo.com

Thomson Reuters Reports Fourth-Quarter and Full-Year 2023 Results

February 7, 2024 | msn.com

Thomson Reuters Q4 2023 Earnings Preview

See More Headlines

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Company Calendar

Last Earnings: 2/08/2024
Ex-Dividend for 3/8 Dividend: 2/20/2024
Dividend Payable: 3/08/2024
Today: 4/16/2024
Next Earnings (Confirmed): 5/02/2024

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Industrials
Industry: Specialty Business Services
Sub-Industry: N/A
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: 25,600
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$181.78
High Stock Price Target: C$225.00
Low Stock Price Target: C$146.00
Potential Upside/Downside: -13.6%
Consensus Rating: Hold
Rating Score (0-4): 2.14
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$7.79
Trailing P/E Ratio: 27.00
Forward P/E Ratio: 42.45
P/E Growth: 3.64
Net Income: C$2.64 billion
Net Margins: 39.67%
Pretax Margin: N/A
Return on Equity: 23.06%
Return on Assets: 5.95%

Debt

Debt-to-Equity Ratio: 32.01
Current Ratio: 0.90
Quick Ratio: 0.52

Sales & Book Value

Annual Sales: C$6.79 billion
Price / Sales: 13.98
Cash Flow: C$2.33 per share
Price / Cash Flow: 90.25
Book Value: C$24.18 per share
Price / Book: 8.70

Miscellaneous

Outstanding Shares: 451,360,000
Free Float: N/A
Market Cap: C$94.93 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: $5.55M
Mr. Michael Eastwood (Age 57)
Chief Financial Officer
Comp: $2.56M
Ms. Kirsty Roth (Age 48)
Chief Operations & Technology Officer
Comp: $2.45M
Mr. David Wong (Age 39)
Chief Product Officer
Comp: $2.2M
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: $629.74k
Ms. Carla Jones (Age 60)
Chief of Staff
Ms. Sue Brooks
Interim Head of Reuters News Agency

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

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 recently acquired World Business Media Limited, expanding its reach in the insurance and reinsurance market, which could lead to increased revenue streams and market dominance.
The company operates in multiple segments, including Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print, providing diversified revenue sources and reducing dependency on a single market.
Thomson Reuters offers cutting-edge technologies like generative AI and integrated workflow solutions, which can enhance operational efficiency and attract more clients.
With a long history dating back to 1851, Thomson Reuters has established a strong reputation in the business information services industry, instilling trust and credibility among investors and clients.
Thomson Reuters stock price has shown consistent growth in recent periods, indicating positive investor sentiment and potential for capital appreciation.

Cons

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

Thomson Reuters faces competition from other information service providers in the market, which could potentially impact its market share and profitability.
The company's operations in multiple regions expose it to geopolitical risks, regulatory challenges, and currency fluctuations, which may affect its financial performance.
In a rapidly evolving digital landscape, Thomson Reuters needs to continuously innovate and adapt to technological advancements to stay competitive, which could require significant investments and resources.
The acquisition of World Business Media Limited may come with integration challenges and cultural differences, leading to potential disruptions in the company's operations and performance.
Market volatility and economic uncertainties can impact Thomson Reuters' financial results and stock price, posing risks to investors seeking stable returns.

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 Wednesday, April 10, 2024. Please send any questions or comments about these Thomson Reuters pros and cons to contact@marketbeat.com.

TRI Stock Analysis - Frequently Asked Questions

Should I buy or sell Thomson Reuters stock right now?: 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Thomson Reuters in the last year. There are currently 1 sell rating, 4 hold ratings and 2 buy ratings 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.
What is Thomson Reuters' stock price target for 2024?: 7 Wall Street research analysts have issued 12-month price targets for Thomson Reuters' stock. Their TRI share price targets range from C$146.00 to C$225.00. On average, they predict the company's share price to reach C$181.78 in the next twelve months. This suggests that the stock has a possible downside of 13.9%.
View analysts price targets for TRI or view top-rated stocks among Wall Street analysts.
How have TRI shares performed in 2024?: Thomson Reuters' stock was trading at C$193.73 at the beginning of the year. Since then, TRI stock has increased by 8.9% and is now trading at C$211.01.
View the best growth stocks for 2024 here.
When is Thomson Reuters' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our TRI earnings forecast.
How were Thomson Reuters' earnings last quarter?: Thomson Reuters Co. (TSE:TRI) announced its quarterly earnings results on Thursday, February, 8th. The company reported $1.34 EPS for the quarter, topping the consensus estimate of $1.25 by $0.09. The firm earned $2.47 billion during the quarter, compared to analyst estimates of $2.52 billion. Thomson Reuters had a net margin of 39.67% and a trailing twelve-month return on equity of 23.06%.

How often does Thomson Reuters pay dividends? What is the dividend yield for Thomson Reuters?: Thomson Reuters declared a quarterly dividend on Thursday, February 8th. Shareholders of record on Wednesday, February 21st will be given a dividend of 0.54 per share on Friday, March 8th. This represents a $2.16 annualized dividend and a yield of 1.02%. The ex-dividend date of this dividend is Tuesday, February 20th.
Read our dividend analysis for TRI.
Is Thomson Reuters a good dividend stock?: Thomson Reuters (TSE:TRI) pays an annual dividend of C$2.91 per share and currently has a dividend yield of 1.38%. The dividend payout ratio is 37.36%. 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 4/16/2024 by MarketBeat.com Staff

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Thomson Reuters (TRI) Stock Price, News & Analysis

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

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^™