Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
T Rowe Price Group Inc Market Cap
Based on ratings from 16 stock analysts, the T Rowe Price Group Inc stock price is expected to increase by 3.48% in 12 months. This is calculated by using the average 12-month stock price forecast for T Rowe Price Group Inc. The lowest target is $99 and the highest is $125. Please note analyst price targets are not guaranteed and could be missed completely.
T Rowe Price Group Inc has a total of 16 Wall St Analyst ratings. There are 4 buy ratings, 9 ratings, and 3 sell ratings. Since most analysts have a buy consensus rating, the expectation is that T Rowe Price Group Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of TROW.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
JP Morgan | Underweight | Maintains | Oct 30, 2024 | |
Evercore ISI Group | In-Line | Maintains | Oct 4, 2024 | |
Goldman Sachs | Sell | Maintains | Oct 3, 2024 | |
Wells Fargo | Equal-Weight | Initiates | Sep 12, 2024 | |
Evercore ISI Group | In-Line | Maintains | Sep 5, 2024 | |
Barclays | Underweight | Initiates | Aug 27, 2024 | |
Deutsche Bank | Hold | Maintains | Aug 15, 2024 | |
Deutsche Bank | Hold | Maintains | Jul 29, 2024 | |
Keefe, Bruyette & Woods | Market Perform | Reiterates | Jul 29, 2024 | |
TD Cowen | Hold | Maintains | Jul 29, 2024 | |
JP Morgan | Underweight | Maintains | Jul 23, 2024 | |
Keefe, Bruyette & Woods | Market Perform | Maintains | Jul 12, 2024 | |
TD Cowen | Hold | Maintains | Jul 8, 2024 | |
Evercore ISI Group | In-Line | Maintains | Apr 30, 2024 | |
Morgan Stanley | Equal-Weight | Maintains | Apr 17, 2024 | |
JP Morgan | Underweight | Maintains | Apr 16, 2024 | |
UBS | Sell | Maintains | Apr 12, 2024 | |
Keefe, Bruyette & Woods | Market Perform | Upgrade | Apr 11, 2024 | |
TD Cowen | Hold | Upgrade | Apr 8, 2024 | |
Citigroup | Neutral | Maintains | Apr 5, 2024 |
When did it IPO
1989
Staff Count
7,929
Country
United States
Sector/Industry
Financial Services/Asset Management
CEO
Mr. Robert W. Sharps C.F.A., CPA
Market Cap
$24.15B
In 2023, TROW generated $6.46B in revenue, which was a decrease of -0.43% from the previous year. This can be seen as a signal that TROW's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Mon, 30 Sep 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - T. Rowe Price, a global asset manager, is trading at a low valuation despite recent net outflows. Fund performance is improving, and it offers a higher-than-average dividend yield.
Why It Matters - T. Rowe Price's low valuation, improving fund performance, and strong dividend yield suggest potential for recovery and growth, appealing to dividend growth investors amid a bull market.
Thu, 26 Sep 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - T. Rowe Price (TROW) is being evaluated for its potential as a strong dividend stock, highlighting the challenges of identifying quality dividend-paying investments.
Why It Matters - T. Rowe Price's dividend potential could attract income-focused investors, influencing stock demand and market perception, impacting its share price and overall stability.
Fri, 27 Sep 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - ProShares S&P 500 Dividend Aristocrats ETF gained 3.69% in August 2024. Three alternative strategies have outperformed NOBL in CAGR and starting dividend yield over 38 months.
Why It Matters - The ProShares S&P 500 Dividend Aristocrats ETF's performance and comparison to alternative strategies indicate potential shifts in investment trends and highlight opportunities for higher returns.
Sat, 28 Sep 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - The market is reaching record highs, causing investor caution. However, 14 historically undervalued dividend aristocrats offer potential growth opportunities.
Why It Matters - Record highs may indicate market saturation, causing hesitation among investors. Identifying undervalued blue-chip stocks offers growth opportunities, especially in dividend aristocrats.
Tue, 17 Sep 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - T. Rowe Price Group Inc. has gained 14% since the Buy recommendation, lagging the S&P 500's 32%. AUM increased from strong equity markets; TROW's valuation is now more attractive relative to peers.
Why It Matters - T. Rowe Price's underperformance relative to the S&P 500 highlights potential growth opportunities, while rising AUM and improved valuation suggest strengthened investor confidence.
Fri, 13 Sep 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - T. Rowe Price (TROW) reported an assets under management (AUM) of $1.61 trillion at the end of August 2024, marking a 1.6% increase from July 2024.
Why It Matters - TROW's 1.6% increase in AUM signals growth and investor confidence, potentially leading to higher revenues and improved stock performance.
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