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T. Rowe Price Group NasdaqGS:TROW Stock Report

Last Price

US$114.02

Market Cap

US$25.5b

7D

4.9%

1Y

1.5%

Updated

28 Apr, 2024

Data

Company Financials +

T. Rowe Price Group, Inc.

NasdaqGS:TROW Stock Report

Market Cap: US$25.5b

T. Rowe Price Group, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for T. Rowe Price Group
Historical stock prices
Current Share PriceUS$114.02
52 Week HighUS$132.76
52 Week LowUS$87.43
Beta1.4
1 Month Change-6.48%
3 Month Change2.12%
1 Year Change1.50%
3 Year Change-36.37%
5 Year Change6.70%
Change since IPO14,069.47%

Recent News & Updates

There's No Escaping T. Rowe Price Group, Inc.'s (NASDAQ:TROW) Muted Earnings

Apr 05
There's No Escaping T. Rowe Price Group, Inc.'s (NASDAQ:TROW) Muted Earnings

T. Rowe Price: Mixed Signals (Technical Analysis)

Mar 27

Recent updates

There's No Escaping T. Rowe Price Group, Inc.'s (NASDAQ:TROW) Muted Earnings

Apr 05
There's No Escaping T. Rowe Price Group, Inc.'s (NASDAQ:TROW) Muted Earnings

T. Rowe Price: Mixed Signals (Technical Analysis)

Mar 27

T. Rowe Price Group (NASDAQ:TROW) Has Announced That It Will Be Increasing Its Dividend To $1.24

Feb 22
T. Rowe Price Group (NASDAQ:TROW) Has Announced That It Will Be Increasing Its Dividend To $1.24

Analysts Are Updating Their T. Rowe Price Group, Inc. (NASDAQ:TROW) Estimates After Its Yearly Results

Feb 10
Analysts Are Updating Their T. Rowe Price Group, Inc. (NASDAQ:TROW) Estimates After Its Yearly Results

T. Rowe Price Group (NASDAQ:TROW) Is Paying Out A Larger Dividend Than Last Year

Feb 08
T. Rowe Price Group (NASDAQ:TROW) Is Paying Out A Larger Dividend Than Last Year

T. Rowe Price Earnings Preview: We May Have Seen The Bottom, But More Time Is Needed To Confirm

Feb 02

Some Confidence Is Lacking In T. Rowe Price Group, Inc.'s (NASDAQ:TROW) P/E

Dec 21
Some Confidence Is Lacking In T. Rowe Price Group, Inc.'s (NASDAQ:TROW) P/E

T. Rowe Price: This Company Is A Gem

Oct 18

T. Rowe Price slides as September AUM falls by 8% to $1.23T

Oct 12

T. Rowe Price reports lower AUM as of Aug. 31 on monthly basis

Sep 13

T. Rowe Price: An Excellent Business At A Fair Price

Aug 16

T. Rowe Price sees marginal increase in July AUM

Aug 10

T. Rowe Price Non-GAAP EPS of $1.79 misses by $0.36, revenue of $1.51B misses by $170M

Jul 28

T. Rowe Price AUM slides over 6% in June amid turbulent market conditions

Jul 13

T. Rowe Price: High Dividend, Unclear Short-Term Future

Jul 07

T. Rowe Price: An Obvious Investment Opportunity And Why I Just Went Long

Jun 06

T. Rowe Price: Is It Time To Dip One's Toes In? Three Ways To Value The Stock

May 17

Should You Be Adding T. Rowe Price Group (NASDAQ:TROW) To Your Watchlist Today?

May 11
Should You Be Adding T. Rowe Price Group (NASDAQ:TROW) To Your Watchlist Today?

T. Rowe Price: A Reliable Active Investor For Uncertain Times

Apr 26

Shareholder Returns

TROWUS Capital MarketsUS Market
7D4.9%2.3%2.9%
1Y1.5%27.1%22.2%

Return vs Industry: TROW underperformed the US Capital Markets industry which returned 27.1% over the past year.

Return vs Market: TROW underperformed the US Market which returned 22.2% over the past year.

Price Volatility

Is TROW's price volatile compared to industry and market?
TROW volatility
TROW Average Weekly Movement3.7%
Capital Markets Industry Average Movement3.5%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: TROW has not had significant price volatility in the past 3 months.

Volatility Over Time: TROW's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19377,878Rob Sharpswww.troweprice.com

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.

T. Rowe Price Group, Inc. Fundamentals Summary

How do T. Rowe Price Group's earnings and revenue compare to its market cap?
TROW fundamental statistics
Market capUS$25.46b
Earnings (TTM)US$1.89b
Revenue (TTM)US$6.67b

13.5x

P/E Ratio

3.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TROW income statement (TTM)
RevenueUS$6.67b
Cost of RevenueUS$3.32b
Gross ProfitUS$3.35b
Other ExpensesUS$1.46b
EarningsUS$1.89b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)8.47
Gross Margin50.20%
Net Profit Margin28.34%
Debt/Equity Ratio0.7%

How did TROW perform over the long term?

See historical performance and comparison

Dividends

4.4%

Current Dividend Yield

58%

Payout Ratio
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