- Previous Close
106.48 - Open
107.64 - Bid 108.45 x 200
- Ask 108.54 x 100
- Day's Range
106.97 - 108.56 - 52 Week Range
87.43 - 122.27 - Volume
739,037 - Avg. Volume
1,110,939 - Market Cap (intraday)
24.145B - Beta (5Y Monthly) 1.43
- PE Ratio (TTM)
12.81 - EPS (TTM)
8.47 - Earnings Date Nov 1, 2024
- Forward Dividend & Yield 4.96 (4.57%)
- Ex-Dividend Date Sep 13, 2024
- 1y Target Est
112.25
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.com7,929
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: TROW
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Performance Overview: TROW
Trailing total returns as of 10/4/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: TROW
View MoreValuation Measures
Market Cap
24.15B
Enterprise Value
21.73B
Trailing P/E
12.81
Forward P/E
11.78
PEG Ratio (5yr expected)
2.06
Price/Sales (ttm)
3.58
Price/Book (mrq)
2.43
Enterprise Value/Revenue
3.20
Enterprise Value/EBITDA
7.82
Financial Highlights
Profitability and Income Statement
Profit Margin
28.66%
Return on Assets (ttm)
10.26%
Return on Equity (ttm)
18.72%
Revenue (ttm)
6.8B
Net Income Avi to Common (ttm)
1.9B
Diluted EPS (ttm)
8.47
Balance Sheet and Cash Flow
Total Cash (mrq)
2.71B
Total Debt/Equity (mrq)
3.48%
Levered Free Cash Flow (ttm)
1.79B
Research Analysis: TROW
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Research Reports: TROW
View MoreT. Rowe Price: Lowered Moat Rating to Narrow Despite Firm Having Wide-Moat Characteristics
T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load US and international stock, hybrid, bond, and money market funds. At the end of August 2024, the firm had $1.612 trillion in managed assets, composed of equity (51%), balanced (34%), 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 US-based asset manager, deriving less than 10% of its AUM from overseas.
RatingPrice TargetUS-Based Asset Managers: Market Values for Asset Managers Already Pricing In an Easing Rate Cycle
T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load US and international stock, hybrid, bond, and money market funds. At the end of July 2024, the firm had $1.587 trillion in managed assets, composed of equity (51%), balanced (34%), 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 US-based asset manager, deriving just under 9% of its AUM from overseas.
RatingPrice TargetRising Equity Markets Have Improved T. Rowe Price's Fortunes, but Secular Headwinds Persist
T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load US and international stock, hybrid, bond, and money market funds. At the end of July 2024, the firm had $1.587 trillion in managed assets, composed of equity (51%), balanced (34%), 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 US-based asset manager, deriving just under 9% of its AUM from overseas.
RatingPrice TargetT. Rowe Price Earnings: Outflows Continue to Diminish as Market Gains Lift Near-Term Results
T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load US and international stock, hybrid, bond, and money market funds. At the end of April 2024, the firm had $1.485 trillion in managed assets, composed of equity (51%), balanced (34%), 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 US-based asset manager, deriving just under 9% of its AUM from overseas.
RatingPrice Target