TROW Stock Overview
T. Rowe Price Group, Inc. is a publicly owned investment manager.
T. Rowe Price Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$121.78|
|52 Week High||US$224.56|
|52 Week Low||US$112.65|
|1 Month Change||-12.75%|
|3 Month Change||-15.12%|
|1 Year Change||-36.63%|
|3 Year Change||17.38%|
|5 Year Change||74.72%|
|Change since IPO||6,394.93%|
Recent News & Updates
T. Rowe Price: Is It Time To Dip One's Toes In? Three Ways To Value The Stock
In this article I analyze T. Rowe Price stock from three different valuation angles: My standard valuation process, a recession valuation, and a dividend growth valuation. Two of the three show T. Rowe as a buy. One shows we should wait for a little bit lower price. I have decided to wait, but some investors may choose to dip their toes into the stock today.
Should You Be Adding T. Rowe Price Group (NASDAQ:TROW) To Your Watchlist Today?
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
|TROW||US Capital Markets||US Market|
Return vs Industry: TROW underperformed the US Capital Markets industry which returned -14.6% over the past year.
Return vs Market: TROW underperformed the US Market which returned -12.9% over the past year.
|TROW Average Weekly Movement||5.7%|
|Capital Markets Industry Average Movement||0.5%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.8%|
|10% least volatile stocks in US Market||2.9%|
Stable Share Price: TROW is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: TROW's weekly volatility (6%) has been stable over the past year.
About the Company
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 Fundamentals Summary
|TROW fundamental statistics|
Is TROW overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TROW income statement (TTM)|
|Cost of Revenue||US$3.03b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||12.44|
|Net Profit Margin||36.69%|
How did TROW perform over the long term?See historical performance and comparison
3.9%Current Dividend Yield
Does TROW pay a reliable dividends?See TROW dividend history and benchmarks
|T. Rowe Price Group dividend dates|
|Ex Dividend Date||Jun 14 2022|
|Dividend Pay Date||Jun 29 2022|
|Days until Ex dividend||22 days|
|Days until Dividend pay date||37 days|
Does TROW pay a reliable dividends?See TROW dividend history and benchmarks
Is T. Rowe Price Group undervalued compared to its fair value and its price relative to the market?
Valuation Score 4/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TROW ($121.78) is trading below our estimate of fair value ($265.71)
Significantly Below Fair Value: TROW is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TROW is good value based on its PE Ratio (9.8x) compared to the US Capital Markets industry average (33x).
PE vs Market: TROW is good value based on its PE Ratio (9.8x) compared to the US market (15.3x).
Price to Earnings Growth Ratio
PEG Ratio: TROW's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: TROW is overvalued based on its PB Ratio (3.1x) compared to the US Capital Markets industry average (-17.2x).
How is T. Rowe Price Group forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TROW's earnings are forecast to decline over the next 3 years (-0.8% per year).
Earnings vs Market: TROW's earnings are forecast to decline over the next 3 years (-0.8% per year).
High Growth Earnings: TROW's earnings are forecast to decline over the next 3 years.
Revenue vs Market: TROW's revenue is expected to decline over the next 3 years (-0.4% per year).
High Growth Revenue: TROW's revenue is forecast to decline over the next 3 years (-0.4% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TROW's Return on Equity is forecast to be high in 3 years time (21.9%)
How has T. Rowe Price Group performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TROW has high quality earnings.
Growing Profit Margin: TROW's current net profit margins (36.7%) are lower than last year (41.1%).
Past Earnings Growth Analysis
Earnings Trend: TROW's earnings have grown by 16.5% per year over the past 5 years.
Accelerating Growth: TROW's earnings growth over the past year (4.6%) is below its 5-year average (16.5% per year).
Earnings vs Industry: TROW earnings growth over the past year (4.6%) underperformed the Capital Markets industry 98.3%.
Return on Equity
High ROE: TROW's Return on Equity (28.2%) is considered high.
How is T. Rowe Price Group's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: TROW's short term assets ($2.9B) exceed its short term liabilities ($1.7B).
Long Term Liabilities: TROW's short term assets ($2.9B) exceed its long term liabilities ($514.1M).
Debt to Equity History and Analysis
Debt Level: TROW has more cash than its total debt.
Reducing Debt: Insufficient data to determine if TROW's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TROW's debt is well covered by operating cash flow (3275.7%).
Interest Coverage: TROW earns more interest than it pays, so coverage of interest payments is not a concern.
What is T. Rowe Price Group current dividend yield, its reliability and sustainability?
Dividend Score 5/6
Future Dividend Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: TROW's dividend (3.94%) is higher than the bottom 25% of dividend payers in the US market (1.58%).
High Dividend: TROW's dividend (3.94%) is low compared to the top 25% of dividend payers in the US market (4.11%).
Stability and Growth of Payments
Stable Dividend: TROW's dividends per share have been stable in the past 10 years.
Growing Dividend: TROW's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.6%), TROW's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32.8%), TROW's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rob Sharps (50 yo)
Mr. Robert W. Sharps, also known as Rob, C.F.A., C.P.A., serves as Chief Executive Officer at T. Rowe Price Group, Inc. since January 01, 2022 and serves as its President since February 11, 2021. He serves...
CEO Compensation Analysis
Compensation vs Market: Rob's total compensation ($USD17.59M) is above average for companies of similar size in the US market ($USD13.34M).
Compensation vs Earnings: Rob's compensation has been consistent with company performance over the past year.
Experienced Management: TROW's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Experienced Board: TROW's board of directors are considered experienced (6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TROW insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
T. Rowe Price Group, Inc.'s employee growth, exchange listings and data sources
- Name: T. Rowe Price Group, Inc.
- Ticker: TROW
- Exchange: NasdaqGS
- Founded: 1937
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Implied Market Cap: US$27.680b
- Shares outstanding: 227.30m
- Website: https://www.troweprice.com
Number of Employees
- T. Rowe Price Group, Inc.
- 100 East Pratt Street
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/21 00:00|
|End of Day Share Price||2022/05/20 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.