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T. Rowe Price Group, Inc. (TROW)

111.94 +0.44 (+0.39%)
At close: April 23 at 4:00 PM EDT
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DELL
  • Previous Close 111.50
  • Open 111.03
  • Bid 111.88 x 300
  • Ask 111.96 x 100
  • Day's Range 110.44 - 112.79
  • 52 Week Range 87.43 - 132.76
  • Volume 1,306,726
  • Avg. Volume 1,379,014
  • Market Cap (intraday) 25.035B
  • Beta (5Y Monthly) 1.40
  • PE Ratio (TTM) 14.43
  • EPS (TTM) 7.76
  • Earnings Date Apr 26, 2024
  • Forward Dividend & Yield 4.96 (4.43%)
  • Ex-Dividend Date Mar 14, 2024
  • 1y Target Est 114.80

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. The firm invests in the public equity and fixed income markets across the globe. It employs fundamental and quantitative analysis with a bottom-up approach. The firm utilizes in-house and external research to make its investments. It employs socially responsible investing with a focus on environmental, social, and governance issues. It makes investment in late-stage venture capital transactions and usually invests between $3 million and $5 million. The firm was previously known as T. Rowe Group, Inc. and T. Rowe Price Associates, Inc. T. Rowe Price Group, Inc. was founded in 1937 and is based in Baltimore, Maryland, with additional offices in Colorado Springs, Colorado; Owings Mills, Maryland; San Francisco, California; New York, New York; Philadelphia, Pennsylvania; Tampa, Florida; Toronto, Ontario; Hellerup, Denmark; Amsterdam, The Netherlands; Luxembourg, Grand Duchy of Luxembourg; Zurich, Switzerland; Dubai, United Arab Emirates; London, United Kingdom; Sydney, New South Wales; Hong Kong; Tokyo, Japan; Singapore; Frankfurt, Shanghai, China; Germany, Madrid, Spain, Milan, Italy, Stockholm, Sweden, Melbourne, Australia, Amsterdam, Netherlands and Washington, DC.

www.troweprice.com

7,906

Full Time Employees

December 31

Fiscal Year Ends

Recent News: TROW

Performance Overview: TROW

Trailing total returns as of 4/23/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

TROW
5.05%
S&P 500
6.30%

1-Year Return

TROW
4.55%
S&P 500
22.67%

3-Year Return

TROW
27.38%
S&P 500
22.63%

5-Year Return

TROW
26.47%
S&P 500
74.37%

Compare To: TROW

Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Statistics: TROW

Valuation Measures

Annual
As of 4/24/2024
  • Market Cap

    25.03B

  • Enterprise Value

    23.28B

  • Trailing P/E

    14.43

  • Forward P/E

    14.39

  • PEG Ratio (5yr expected)

    5.87

  • Price/Sales (ttm)

    3.90

  • Price/Book (mrq)

    2.63

  • Enterprise Value/Revenue

    3.60

  • Enterprise Value/EBITDA

    9.24

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    27.69%

  • Return on Assets (ttm)

    10.65%

  • Return on Equity (ttm)

    18.38%

  • Revenue (ttm)

    6.46B

  • Net Income Avi to Common (ttm)

    1.74B

  • Diluted EPS (ttm)

    7.76

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    2.07B

  • Total Debt/Equity (mrq)

    3.87%

  • Levered Free Cash Flow (ttm)

    1.83B

Research Analysis: TROW

Analyst Price Targets

101.00 Low
114.80 Average
111.94 Current
125.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Company Insights: TROW

Fair Value

111.94 Current
 

Dividend Score

0 Low
TROW
Sector Avg.
100 High
 

Hiring Score

0 Low
TROW
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
TROW
Sector Avg.
100 High
 

Research Reports: TROW

  • Analyst Report: T. Rowe Price Group, Inc.

    T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load U.S. and international stock, hybrid, bond, and money market funds. At the end of January 2024, the firm had $1.450 trillion in managed assets, composed of equity (52%), balanced (33%), fixed-income and money market (12%), and alternative (3%) offerings. Approximately two thirds of managed assets are held in retirement-based accounts, which provides T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a U.S.-based asset manager, deriving just under 9% of its AUM from overseas.

    Rating
    Price Target
     
  • Analyst Report: T. Rowe Price Group, Inc.

    T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load U.S. and international stock, hybrid, bond, and money market funds. At the end of January 2024, the firm had $1.450 trillion in managed assets, composed of equity (52%), balanced (33%), fixed-income and money market (12%), and alternative (3%) offerings. Approximately two thirds of managed assets are held in retirement-based accounts, which provides T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a U.S.-based asset manager, deriving just under 9% of its AUM from overseas.

    Rating
    Price Target
     
  • Analyst Report: T. Rowe Price Group, Inc.

    T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load U.S. and international stock, hybrid, bond, and money market funds. At the end of January 2024, the firm had $1.450 trillion in managed assets, composed of equity (52%), balanced (33%), fixed-income and money market (12%), and alternative (3%) offerings. Approximately two thirds of managed assets are held in retirement-based accounts, which provides T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a U.S.-based asset manager, deriving just under 9% of its AUM from overseas.

    Rating
    Price Target
     
  • Analyst Report: T. Rowe Price Group Inc.

    T. Rowe Price is an independent global investment manager; it provides a variety of mutual funds, sub-advisory services, and separate account management to individuals, institutions, retirement plans, and financial intermediaries worldwide.

    Rating
    Price Target
     

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