T. Rowe Price Group, Inc. (TROW)
Market Cap | 24.85B |
Revenue (ttm) | 6.67B |
Net Income (ttm) | 1.94B |
Shares Out | 223.30M |
EPS (ttm) | 8.42 |
PE Ratio | 13.22 |
Forward PE | 13.35 |
Dividend | $4.96 (4.46%) |
Ex-Dividend Date | Jun 14, 2024 |
Volume | 1,729,583 |
Open | 111.34 |
Previous Close | 111.49 |
Day's Range | 110.42 - 111.87 |
52-Week Range | 87.43 - 132.76 |
Beta | 1.41 |
Analysts | Sell |
Price Target | 108.58 (-2.44%) |
Earnings Date | Apr 26, 2024 |
About TROW
T. Rowe Price Group, Inc. is a publicly owned investment manager. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. It launches and manages equity and fixed income mutual funds. The firm invests in the public equity and fixed income markets across the globe. It employs fundamental and quantitative analysis with a bottom-up approach. The firm utilizes in-house and external research to make its investments. It employs socially responsible investing with a focus on... [Read more]
Financial Performance
In 2023, TROW's revenue was $6.46 billion, a decrease of -0.43% compared to the previous year's $6.49 billion. Earnings were $1.79 billion, an increase of 14.81%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for TROW stock is "Sell." The 12-month stock price forecast is $108.58, which is a decrease of -2.44% from the latest price.
News
24 Dividend Aristocrats in the stock market with the fastest-growing payouts
At a time when investors expect interest rates to remain high as the Federal Reserve seeks to keep the lid on inflation, dividend stocks may not be dominating the attention of income-seeking investors...
T. ROWE PRICE GROUP REPORTS FIRST QUARTER 2024 RESULTS
BALTIMORE , April 26, 2024 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported its financial results for the first quarter of 2024.
OHA is Administrative Agent & Lead Left Arranger for Acentra Health's Private Refinancing
New York, New York, April 15, 2024 (GLOBE NEWSWIRE) -- Oak Hill Advisors (“OHA”) served as Administrative Agent and Lead Left Arranger for a unitranche facility supporting the refinancing of Acentra H...
T. ROWE PRICE: 401(K) ACCOUNT BALANCES SOARED IN 2023, ESPECIALLY AMONG YOUNGER RETIREMENT SAVERS
2023 report features the latest trends in 401(k) plan design and participant behavior BALTIMORE , April 8, 2024 /PRNewswire/ -- T. Rowe Price, a global investment management firm and a leader in retir...
OHA is a Joint Lead Arranger of the Private Unitranche Financing for HGGC's Acquisition of Rimkus Consulting Group
New York, New York, April 02, 2024 (GLOBE NEWSWIRE) -- Oak Hill Advisors (“OHA”) served as a Joint Lead Arranger for the private financing supporting the acquisition of Rimkus Consulting Group (“Rimku...
OHA is the Left Lead Arranger of STV's Private Unitranche Financing
New York, New York, March 21, 2024 (GLOBE NEWSWIRE) -- Oak Hill Advisors (“OHA”) served as the Left Lead Arranger for the private financing of STV Group, Inc. (“STV”), which is partnered with The Prit...
T. ROWE PRICE CHAIR WILLIAM J. STROMBERG AND DR.
BALTIMORE , Feb. 20, 2024 /PRNewswire/ -- The Board of Directors of T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), announced today that William J.
OHA is a Joint Lead Arranger of Private Unitranche Financing for Clarience Technologies' Acquisition of Safe Fleet
New York, New York, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Oak Hill Advisors (“OHA”) served as a Joint Lead Arranger to support the acquisition of Safe Fleet by Genstar-backed Clarience Technologies (“Clar...
T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR JANUARY 2024
BALTIMORE, Feb. 12, 2024 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.45 trillion as of January 31, 2024.
T. ROWE PRICE GROUP REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS
BALTIMORE , Feb. 8, 2024 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported its financial results for the fourth quarter and full year 2023.
T. ROWE PRICE APPOINTS COMPANY VETERANS TO LEAD U.S. INTERMEDIARIES AND RETIREMENT PLAN SERVICES BUSINESS UNITS
Kevin Collins and Francisco Negr ó n tapped to lead execution of each unit's strategic growth initiatives BALTIMORE , Feb. 7, 2024 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ – GS: TROW), announ...
T. ROWE PRICE GROUP DECLARES QUARTERLY DIVIDEND
38th Consecutive Annual Dividend Increase BALTIMORE , Jan. 30, 2024 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), announced today that its Board of Directors has declared a quarterly di...
OHA is the Lead Left Arranger of Greenway Health's Private Unitranche Financing
New York, New York, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Oak Hill Advisors (“OHA”) served as the Lead Left Arranger of a private unitranche financing for Greenway Health, a provider of electronic health ...
T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR DECEMBER 2023
BALTIMORE , Jan. 11, 2024 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.45 trillion as of December 31, 2023.
T. ROWE PRICE ESTABLISHES NEW TEAM TO AMPLIFY FOCUS ON RETIREMENT
Firm reinforces commitment to supporting the needs of retirement clients BALTIMORE , Jan. 9, 2024 /PRNewswire/ -- T. Rowe Price, a global investment management firm and a leader in retirement, has an...
T. ROWE PRICE CAPITAL APPRECIATION FUND TIES RECORD FOR LONG-TERM PERFORMANCE
David Giroux's fund has beaten its Morningstar peer group average for 16 consecutive years BALTIMORE , Jan. 8, 2024 /PRNewswire/ -- T. Rowe Price (NASDAQ-GS: TROW), a global investment management firm...
T. Rowe Price (TROW) stock: staying on the sidelines in 2024
T. Rowe Price (NASDAQ: TROW) stock price continued to underperform in 2023 as concerns about its business continued. The shares were barely moved even as the S&P 500 index jumped by more than 25% and ...
ADVANCING FINANCIAL ADVISOR ACCESS TO OHA'S PRIVATE LENDING CAPABILITIES: T. ROWE PRICE OHA SELECT PRIVATE CREDIT FUND NOW AVAILABLE ON ICAPITAL MARKETPLACE
BALTIMORE , Dec. 20, 2023 /PRNewswire/ -- T. Rowe Price and Oak Hill Advisors ("OHA") are pleased to announce the launch of the T.
T. ROWE PRICE ANNOUNCES ADDITION OF VICE PRESIDENT TO INSTITUTIONAL BUSINESS IN CANADA
Jean-Sebastien Garant responsible for sales, service, and consultant relations BALTIMORE , Dec. 18, 2023 /PRNewswire/ -- T. Rowe Price (Canada), Inc., announced that it has hired Jean-Sebastien Garant...
T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR NOVEMBER 2023
BALTIMORE , Dec. 12, 2023 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.39 trillion as of November 30, 2023.
T. ROWE PRICE LAUNCHES CAPITAL APPRECIATION AND INCOME FUND
New mutual fund adds to the T. Rowe Price Capital Appreciation suite and is led by award-winning portfolio manager David Giroux and Farris Shuggi BALTIMORE , Nov. 29, 2023 /PRNewswire/ -- T.
T. ROWE PRICE LAUNCHES THIRD SEASON OF THE AWARD-WINNING PODCAST, 'CONFIDENT CONVERSATIONS® ON RETIREMENT'
Third season will continue to focus on providing listeners with tangible strategies to help reach their best retirement outcomes BALTIMORE , Nov. 28, 2023 /PRNewswire/ -- T. Rowe Price, a global inves...
T. ROWE PRICE GROUP NAMES ERIC VEIEL HEAD OF GLOBAL INVESTMENTS EFFECTIVE JANUARY 1, 2024
BALTIMORE , Nov. 27, 2023 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), announced today that Eric Veiel, a chief investment officer and head of Global Equity, has been named head of Glo...
IFC, T. Rowe Price to Create First Blue Bond Strategy to Support the Sustainable Blue Economy across Emerging Markets
WASHINGTON , Nov. 20, 2023 /PRNewswire/ -- IFC, a member of the World Bank Group, and T. Rowe Price today announced plans to create a pioneering global blue bond strategy to increase access to finance...
Why is this mutual fund giant cautious about markets in 2024? T. Rowe Price shares its outlook.
Every year around this time, the giant Baltimore-based investment shop T. Rowe Price Group TROW sends investment managers and strategists to New York City to offer a year-ahead outlook on stocks, bond...