T. Rowe Price (TROW)
(Delayed Data from NSDQ)
$109.47 USD
+1.38 (1.27%)
Updated Sep 24, 2024 04:00 PM ET
After-Market: $109.51 +0.04 (0.04%) 4:26 PM ET
3-Hold of 5 3
C Value D Growth B Momentum C VGM
Company Summary
Founded in 1937 and headquartered in Baltimore, T. Rowe Price Group, Inc. is a global investment management organization that provides a broad array of mutual funds, sub-advisory services and separate account management for individual and institutional investors, retirement plans and financial intermediaries. Through its subsidiaries, the company manages separate client-focused equity, fixed income and balanced portfolios along with mutual funds. Its client base includes individual investors, defined contribution retirement plans, institutional investors and third-party distributors, among others. The company operates worldwide from the United States, England, Luxembourg, Australia, Hong Kong, Japan and Singapore.
The components ...
Company Summary
Founded in 1937 and headquartered in Baltimore, T. Rowe Price Group, Inc. is a global investment management organization that provides a broad array of mutual funds, sub-advisory services and separate account management for individual and institutional investors, retirement plans and financial intermediaries. Through its subsidiaries, the company manages separate client-focused equity, fixed income and balanced portfolios along with mutual funds. Its client base includes individual investors, defined contribution retirement plans, institutional investors and third-party distributors, among others. The company operates worldwide from the United States, England, Luxembourg, Australia, Hong Kong, Japan and Singapore.
The components of net revenues are investment advisory, administrative and distribution, and servicing fees.
The Investment Advisory Services earn fees for managing the investment portfolios that are computed using the market value of AUM.
The Administrative Services provides advisory-related administrative services to price funds through its subsidiaries. Overall, it provides mutual fund transfer agency and shareholder services, accounting services and participant accounting, plan administration and transfer agent services. Additionally, the company provides trustee services and other non-discretionary advisory planning services to fund shareholders and potential investors.
The Distribution and Servicing fees represents servicing fees earned from 12b-1 plans of the Advisor and R classes of sponsored mutual funds.
In 2023, T. Rowe Price acquired Retiree, Inc., a fintech firm providing innovative retirement income planning software. The buyout enhanced its retirement capabilities. In 2021, it completed the buyout of Oak Hill Advisors, L.P. (OHA), in a cash-and-stock transaction valued at $4.2 billion and transformed the responsibility of its full-service retirement recordkeeping business to Fidelity National. In 2017, in order to provide additional high yield investment opportunity to its clients and to further strengthen its global fixed income franchise, it acquired a new fund from Henderson Global Investors.
General Information
T Rowe Price Group, Inc
100 EAST PRATT STREET
BALTIMORE, MD 21202
Phone: 410-345-2000
Fax: 410-345-2394
Web: http://www.troweprice.com
Email: info@troweprice.com
Industry | Financial - Investment Management |
Sector | Finance |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 10/25/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 2.30 |
Current Year EPS Consensus Estimate | 8.96 |
Estimated Long-Term EPS Growth Rate | 7.00 |
Exp Earnings Date | 10/25/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 108.10 |
52 Week High | 122.27 |
52 Week Low | 87.43 |
Beta | 1.41 |
20 Day Moving Average | 1,211,699.12 |
Target Price Consensus | 111.50 |
4 Week | -1.08 |
12 Week | -5.05 |
YTD | 0.38 |
4 Week | -2.84 |
12 Week | -9.10 |
YTD | -16.28 |
Shares Outstanding (millions) | 222.60 |
Market Capitalization (millions) | 24,061.71 |
Short Ratio | NA |
Last Split Date | 6/26/2006 |
Dividend Yield | 4.59% |
Annual Dividend | $4.96 |
Payout Ratio | 0.58 |
Change in Payout Ratio | 0.10 |
Last Dividend Payout / Amount | 9/13/2024 / $1.24 |
Fundamental Ratios
P/E (F1) | 12.06 |
Trailing 12 Months | 12.67 |
PEG Ratio | 1.73 |
vs. Previous Year | 11.88% |
vs. Previous Quarter | -5.04% |
vs. Previous Year | 7.65% |
vs. Previous Quarter | -0.97% |
Price/Book | 2.37 |
Price/Cash Flow | 10.81 |
Price / Sales | 3.54 |
6/30/24 | 19.90 |
3/31/24 | 19.70 |
12/31/23 | 18.41 |
6/30/24 | 15.46 |
3/31/24 | 15.18 |
12/31/23 | 14.11 |
6/30/24 | 3.76 |
3/31/24 | 3.78 |
12/31/23 | 4.01 |
6/30/24 | 3.76 |
3/31/24 | 3.78 |
12/31/23 | 4.01 |
6/30/24 | 28.88 |
3/31/24 | 28.61 |
12/31/23 | 27.09 |
6/30/24 | 28.66 |
3/31/24 | 29.09 |
12/31/23 | 27.69 |
6/30/24 | 39.01 |
3/31/24 | 39.65 |
12/31/23 | 38.55 |
6/30/24 | 45.53 |
3/31/24 | 44.74 |
12/31/23 | 43.46 |
6/30/24 | NA |
3/31/24 | NA |
12/31/23 | NA |
6/30/24 | 0.00 |
3/31/24 | 0.00 |
12/31/23 | 0.00 |
6/30/24 | 6.37 |
3/31/24 | 6.34 |
12/31/23 | 5.77 |