|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||95.66 - 101.85|
|52 Week Range||82.51 - 139.82|
|Beta (5Y Monthly)||1.06|
|PE Ratio (TTM)||11.31|
|Earnings Date||Apr 21, 2020 - Apr 26, 2020|
|Forward Dividend & Yield||3.60 (3.55%)|
|Ex-Dividend Date||Mar 12, 2020|
|1y Target Est||115.08|
Today, Congress enacted the CARES (Coronavirus Aid, Relief and Economic Security) Act. T. Rowe Price commends Congress for recognizing the emotional stress and financial hardship American individuals, families and businesses are currently experiencing.
T. Rowe Price (TROW) increases CEO William J. Stromberg's 2018 compensation on higher revenues and rise in earnings.
Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
William J. Stromberg's pay increased nearly 12% following another strong year for the money manager.
Robert Sharps of T. Rowe Price wrote in a white paper that it is not too early for investors to consider the longer‑term investment implications of the coronavirus pandemic.
Moody's Investors Service, ("Moody's") affirmed the A3 senior unsecured debt rating of Booking Holdings, Inc. (Booking) and changed the outlook to negative from stable. The negative outlook reflects Moody's expectation that Booking will report significantly depressed operating results for at least the first half of 2020 combined with the uncertainties regarding the depth and duration of the severe disruptions across the global travel sector due to the coronavirus (COVID-19) outbreak. Earlier this month, Booking withdrew financial guidance for 1Q2020 as a result of the worsening impact of the COVID-19 outbreak on travel demand.
Amid the panic caused by the COVID-19 pandemic, financial markets are seeing a cash run reminiscent of what happened in 2008 during the previous financial crisis.
Independent Bank (INDB) announces a dividend hike of 4.5% from 44 cents per share to 46 cents.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does T. Rowe Price (TROW) have what it takes? Let's find out.
Stocks rebounded on March 13 following their worst day since Black Monday in 1987. Here's how local companies finished the week.
Henry Ellenbogen's new fund has received a large commitment from Maryland's $56 billion pension fund, and has also completed its latest investment in a technology startup company. Durable Capital received the investment on Dec. 23.
Among public companies based in Greater Baltimore Colfax Corp. Sinclair Broadcast Group Inc. and Laureate Education Inc. saw a couple of the biggest declines.
T. Rowe Price's (TROW) preliminary assets under management (AUM) of $1.15 trillion for February 2020 reflect 5% decrease from the prior month.
Investors with longer time horizons should not make rash decisions based on emotions, said Robert W. Sharps, T. Rowe Price's head of investments.
T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported preliminary month-end assets under management of $1.15 trillion as of February 29, 2020. Client transfers from mutual funds to other portfolios, including trusts and separate accounts, were $0.9 billion in February 2020 and $3.7 billion for the quarter-to-date period ended February 29, 2020.
Trading was halted for 15 minutes amid fears about the novel coronavirus and a price war over crude oil.
Goldman’s partner class of 2018 was 26% female. Cohen’s bullish market forecasts made her famous throughout the dotcom era. Trained as an economist, Cohen, 68, worked for the Federal Reserve before going to (TROW) and, later, Goldman.
Anderson, 51, is critical to all of it; she makes sure governance considerations are baked into research. T. Rowe Price offers its investee companies management advice, including coaching private companies about governance structures. “The feedback we get from companies is we provide actionable practical guidance,” says Anderson.
Women typically fall behind men when it comes to financial literacy and saving for retirement — and they’re right to be worried about it
Henry Ellenbogen, the former star stockpicker for T. Rowe Price Group Inc., has raised more than $6 billion for his new fund, according to federal filings. Ellenbogen launched Durable Capital Partners over the summer after leaving Baltimore-base T. Rowe Price in March 2019. An amended filing with the U.S. Securities and Exchange Commission from February shows Durable Capital has raised $6.04 billion.
T. Rowe Price, a global investment management organization and a leader in financial education, has released a retirement checklist for women, including specific tips for those married or partnered. Recent research from the company highlights the impact women face from lower lifetime earnings as well as the resulting challenges that arise.
(Bloomberg) -- Investing giants including Fidelity Investments and T. Rowe Price Group Inc. are delivering on their ambition to cut out the middleman in arranging meetings with company executives.The firms, which oversee more than $8 trillion, have independently set up access to such decision makers for their buyside CEO consumer conference next week in Boston, according to people briefed on the matter. At present the planners are monitoring the coronavirus outbreak and still plan to move forward with event, the people said.“This approach has enabled us to be less reliant on third parties, whilst at the same time improving the quality of our meetings and our relationships with corporates,” said Marthe Skaar, a spokeswoman for Norges Bank Investment Management. It’s organizing the event with Fidelity, Capital Group, Wellington Management and T. Rowe.The move, first floated by asset managers last year, is sidelining bankers that have traditionally brought together analysts and executives. The shift is an effort by active equity managers to gain an investing edge as their fees take a hit due to the popularity of inexpensive index funds.New financial regulations in Europe have also amplified concerns on the buyside -- which in financial jargon means those who manage money -- about paying banks for access to companies in whichthey invest.Eliminating Wall Street as the go-between threatens another source of revenue for the banks, which have primarily organized such gatherings in which fund managers and analysts get one-on-one time with the publicly-traded companies that they track and invest in.Representatives for Fidelity, T. Rowe and Capital Group declined to comment on the event. A Wellington spokesperson didn’t immediately respond to a request for comment.T. Rowe continues to “find value in the access to corporate leaders that Wall Street has facilitated over many years” but is adding its own direct corporate access program, a spokesperson said. That includes joining with other major asset-managers to plan separate corporate access events “that will provide a unique and tailored research experience for our company’s investors.”\--With assistance from Mikael Holter.To contact the reporters on this story: Michael McDonald in Boston at firstname.lastname@example.org;John Gittelsohn in Los Angeles at email@example.com;Annie Massa in New York at firstname.lastname@example.orgTo contact the editors responsible for this story: Sam Mamudi at email@example.com, Alan MirabellaFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.