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T. Rowe Price Group NasdaqGS:TROW Stock Report

Last Price

US$101.69

Market Cap

US$22.6b

7D

-4.1%

1Y

-6.9%

Updated

08 Sep, 2024

Data

Company Financials +

T. Rowe Price Group, Inc.

NasdaqGS:TROW Stock Report

Market Cap: US$22.6b

Community Narratives

Narratives bring a range of perspectives from our community.

US$115.58
FV
12.0% undervalued intrinsic discount
2.55%
Revenue growth p.a.
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about 1 month agoauthor updated this narrative

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$101.69
52 Week HighUS$122.27
52 Week LowUS$87.43
Beta1.43
11 Month Change-3.47%
3 Month Change-11.63%
1 Year Change-6.91%
33 Year Change-53.05%
5 Year Change-14.50%
Change since IPO12,537.20%

Recent News & Updates

T. Rowe Price: Patience Growing Thin With Continued Market Underperformance

Aug 09

Recent updates

T. Rowe Price: Patience Growing Thin With Continued Market Underperformance

Aug 09

T. Rowe Price Group, Inc.'s (NASDAQ:TROW) Low P/E No Reason For Excitement

Jul 24
T. Rowe Price Group, Inc.'s (NASDAQ:TROW) Low P/E No Reason For Excitement

T. Rowe Price: AUM Stagnation Likely To Continue, With Heightened Outflow Risks

Jul 03

T. Rowe Price: A Dividend Not To Be Missed

Jun 04

T. Rowe Price: A Dividend Aristocrat With 25% Upside Potential

May 01

T. Rowe Price Group, Inc.'s (NASDAQ:TROW) CEO Might Not Expect Shareholders To Be So Generous This Year

May 01
T. Rowe Price Group, Inc.'s (NASDAQ:TROW) CEO Might Not Expect Shareholders To Be So Generous This Year

T. Rowe Price Group, Inc. Just Beat EPS By 26%: Here's What Analysts Think Will Happen Next

Apr 30
T. Rowe Price Group, Inc. Just Beat EPS By 26%: Here's What Analysts Think Will Happen Next

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

Shareholder Returns

TROWUS Capital MarketsUS Market
7D-4.1%-4.0%-4.4%
1Y-6.9%26.7%19.1%

Return vs Industry: TROW underperformed the US Capital Markets industry which returned 26.7% over the past year.

Return vs Market: TROW underperformed the US Market which returned 19.1% over the past year.

Price Volatility

Is TROW's price volatile compared to industry and market?
TROW volatility
TROW Average Weekly Movement3.2%
Capital Markets Industry Average Movement4.1%
Market Average Movement6.3%
10% most volatile stocks in US Market14.9%
10% least volatile stocks in US Market3.1%

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

Volatility Over Time: TROW's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19377,929Rob 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$22.64b
Earnings (TTM)US$1.90b
Revenue (TTM)US$6.80b

11.9x

P/E Ratio

3.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TROW income statement (TTM)
RevenueUS$6.80b
Cost of RevenueUS$3.35b
Gross ProfitUS$3.44b
Other ExpensesUS$1.55b
EarningsUS$1.90b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)8.52
Gross Margin50.69%
Net Profit Margin27.91%
Debt/Equity Ratio0.7%

How did TROW perform over the long term?

See historical performance and comparison

Dividends

4.9%

Current Dividend Yield

58%

Payout Ratio

Does TROW pay a reliable dividends?

See TROW dividend history and benchmarks
When do you need to buy TROW by to receive an upcoming dividend?
T. Rowe Price Group dividend dates
Ex Dividend DateSep 13 2024
Dividend Pay DateSep 27 2024
Days until Ex dividend4 days
Days until Dividend pay date18 days

Does TROW pay a reliable dividends?

See TROW dividend history and benchmarks