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$199.95|
|52 Week High||US$224.56|
|52 Week Low||US$144.39|
|1 Month Change||-7.81%|
|3 Month Change||-9.53%|
|1 Year Change||37.42%|
|3 Year Change||109.88%|
|5 Year Change||162.78%|
|Change since IPO||10,564.00%|
Recent News & Updates
T. Rowe Price Is The Ultimate Buffett-Style Rich Retirement Blue Chip
99% of Warren Buffett's incredible wealth was generated following a "wonderful company at a fair price" strategy. The recent market pullback has created numerous opportunities for buying the world's greatest companies at reasonable to attractive valuations. Today TROW is the ultimate Buffett-style rich retirement blue chip. It's a 13/13 Ultra SWAN quality hyper-growth dividend aristocrat with a debt-free balance sheet and some of the best corporate risk management in the industry. TROW is 3% undervalued today, but 15.8% long-term growth means analysts think TROW can deliver 18.1% CAGR long-term returns, just as it has for 31 years when it beat the market by 10X. For anyone comfortable with its risk profile, TROW is as close to a perfect dividend growth investment as exists today. Within a diversified and prudently risk-managed portfolio, it could be just the ticket for achieving your rich retirement dreams.
Does T. Rowe Price Group (NASDAQ:TROW) Deserve A Spot On Your Watchlist?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
T. Rowe Price: Fully Priced But A Solid Business
T. Rowe Price has performed well over the last 4 to 5 years, including so far through the period of the pandemic. A continuation of present P/E levels, and EPS falling within the range of analysts' estimates, should see solid returns through end of 2023. The fallback - even if P/E ratio were to contract to historical levels, low- to mid-single-digit returns are indicated.
|TROW||US Capital Markets||US Market|
Return vs Industry: TROW underperformed the US Capital Markets industry which returned 44.8% over the past year.
Return vs Market: TROW exceeded the US Market which returned 20% over the past year.
|TROW Average Weekly Movement||3.8%|
|Capital Markets Industry Average Movement||0.7%|
|Market Average Movement||6.0%|
|10% most volatile stocks in US Market||15.0%|
|10% least volatile stocks in US Market||2.3%|
Stable Share Price: TROW is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: TROW's weekly volatility (4%) 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$2.94b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||13.54|
|Net Profit Margin||40.88%|
How did TROW perform over the long term?See historical performance and comparison
2.2%Current Dividend Yield
Does TROW pay a reliable dividends?See TROW dividend history and benchmarks
|T. Rowe Price Group dividend dates|
|Ex Dividend Date||Dec 15 2021|
|Dividend Pay Date||Dec 30 2021|
|Days until Ex dividend||14 days|
|Days until Dividend pay date||29 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?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TROW ($199.95) is trading below our estimate of fair value ($312.82)
Significantly Below Fair Value: TROW is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TROW is poor value based on its PE Ratio (14.8x) compared to the US Capital Markets industry average (14.6x).
PE vs Market: TROW is good value based on its PE Ratio (14.8x) compared to the US market (16.8x).
Price to Earnings Growth Ratio
PEG Ratio: TROW is poor value based on its PEG Ratio (2.7x)
Price to Book Ratio
PB vs Industry: TROW is good value based on its PB Ratio (5.4x) compared to the US Capital Markets industry average (50x).
How is T. Rowe Price Group forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TROW's forecast earnings growth (5.4% per year) is above the savings rate (2%).
Earnings vs Market: TROW's earnings (5.4% per year) are forecast to grow slower than the US market (14.2% per year).
High Growth Earnings: TROW's earnings are forecast to grow, but not significantly.
Revenue vs Market: TROW's revenue (6.7% per year) is forecast to grow slower than the US market (10.1% per year).
High Growth Revenue: TROW's revenue (6.7% per year) is forecast to grow slower than 20% 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 (35.2%)
How has T. Rowe Price Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TROW has high quality earnings.
Growing Profit Margin: TROW's current net profit margins (40.9%) are higher than last year (34.9%).
Past Earnings Growth Analysis
Earnings Trend: TROW's earnings have grown by 17.1% per year over the past 5 years.
Accelerating Growth: TROW's earnings growth over the past year (46.6%) exceeds its 5-year average (17.1% per year).
Earnings vs Industry: TROW earnings growth over the past year (46.6%) underperformed the Capital Markets industry 89%.
Return on Equity
High ROE: TROW's Return on Equity (35.2%) is considered high.
How is T. Rowe Price Group's financial position?
Financial Position Analysis
Short Term Liabilities: TROW's short term assets ($4.4B) exceed its short term liabilities ($1.9B).
Long Term Liabilities: TROW's short term assets ($4.4B) exceed its long term liabilities ($234.2M).
Debt to Equity History and Analysis
Debt Level: TROW is debt free.
Reducing Debt: TROW has not had any debt for past 5 years.
Debt Coverage: TROW has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TROW has no debt, therefore coverage of interest payments is not a concern.
What is T. Rowe Price Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: TROW's dividend (2.16%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: TROW's dividend (2.16%) is low compared to the top 25% of dividend payers in the US market (3.63%).
Stability and Growth of Payments
Stable Dividend: TROW's dividends per share have been stable in the past 10 years.
Growing Dividend: TROW's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (30.9%), TROW's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TROW's dividends in 3 years are forecast to be well covered by earnings (36.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bill Stromberg (61 yo)
Mr. William J. Stromberg, also known as Bill, CFA is President, Director, Vice President, Head of Equity, Director of Equity Research and Portfolio Manager at T. Rowe Price Associates, Inc. He is Chief Exe...
CEO Compensation Analysis
Compensation vs Market: Bill's total compensation ($USD15.34M) is above average for companies of similar size in the US market ($USD11.14M).
Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.
Experienced Management: TROW's management team is considered experienced (3.3 years average tenure).
Experienced Board: TROW's board of directors are considered experienced (5.1 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
- Market Cap: US$44.939b
- Shares outstanding: 224.75m
- 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||2021/11/30 23:52|
|End of Day Share Price||2021/11/30 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.