Latest news with #TROW
Business Insider
6 hours ago
- Business
- Business Insider
T Rowe Price (TROW) Gets a Hold from Morgan Stanley
In a report released today, Michael Cyprys from Morgan Stanley maintained a Hold rating on T Rowe Price, with a price target of $112.00. The company's shares closed today at $106.00. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Cyprys covers the Financial sector, focusing on stocks such as BlackRock, CME Group, and Cboe Global Markets. According to TipRanks, Cyprys has an average return of 4.4% and a 54.07% success rate on recommended stocks. Currently, the analyst consensus on T Rowe Price is a Moderate Sell with an average price target of $99.00. TROW market cap is currently $23.56B and has a P/E ratio of 12.13. Based on the recent corporate insider activity of 108 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TROW in relation to earlier this year. Last month, Dorothy C Sawyer, an Insider at TROW sold 2,000.00 shares for a total of $190,860.00.
Yahoo
4 days ago
- Business
- Yahoo
T. Rowe Price (TROW) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release
T. Rowe Price (TROW) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 1. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. Zacks Consensus Estimate This financial services firm is expected to post quarterly earnings of $2.10 per share in its upcoming report, which represents a year-over-year change of -7.1%. Revenues are expected to be $1.71 billion, down 1.4% from the year-ago quarter. Estimate Revisions Trend The consensus EPS estimate for the quarter has been revised 9.62% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Earnings Whisper Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). How Have the Numbers Shaped Up for T. Rowe? For T. Rowe, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +0.99%. On the other hand, the stock currently carries a Zacks Rank of #1. So, this combination indicates that T. Rowe will most likely beat the consensus EPS estimate. Does Earnings Surprise History Hold Any Clue? Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that T. Rowe would post earnings of $2.09 per share when it actually produced earnings of $2.23, delivering a surprise of +6.70%. Over the last four quarters, the company has beaten consensus EPS estimates three times. Bottom Line An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. T. Rowe appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. An Industry Player's Expected Results Among the stocks in the Zacks Financial - Investment Management industry, Blue Owl Capital Inc. (OWL), is soon expected to post earnings of $0.21 per share for the quarter ended June 2025. This estimate indicates a year-over-year change of +10.5%. This quarter's revenue is expected to be $636.89 million, up 22.5% from the year-ago quarter. The consensus EPS estimate for Blue Owl Capital has been revised 0.3% higher over the last 30 days to the current level. However, a lower Most Accurate Estimate has resulted in an Earnings ESP of -0.82%. This Earnings ESP, combined with its Zacks Rank #3 (Hold), makes it difficult to conclusively predict that Blue Owl Capital will beat the consensus EPS estimate. The company could not beat consensus EPS estimates in any of the last four quarters. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report T. Rowe Price Group, Inc. (TROW) : Free Stock Analysis Report Blue Owl Capital Inc. (OWL) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
13-06-2025
- Business
- Yahoo
T. Rowe Price Sees 3.8% Rise in AUM for May Despite Higher Outflows
T. Rowe Price Group, Inc. (NASDAQ:TROW) is one of the best stocks for a . On June 11, the company reported that its preliminary assets under management (AUM) totaled $1.62 trillion as of May 31. The firm also saw net outflows of $4.4 billion during May, offering a snapshot of recent investor activity and the company's current market standing. T. Rowe Price Group, Inc. (NASDAQ:TROW) is also known for its reliable dividend payments. It has been rewarding shareholders with growing dividends for the past 39 consecutive years. Currently, it pays a quarterly dividend of $1.27 per share and has a dividend yield of 5.34%, as of June 11. Established in 1937, T. Rowe Price Group, Inc. (NASDAQ:TROW) supports individuals and institutions in reaching long-term financial goals. Recognized for its strong investment performance, retirement expertise, and in-house research, the company operates with a client-first approach rooted in a culture of integrity. TROW has surged by over 1% in the past week. While we acknowledge the potential of TROW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure. None.
Yahoo
13-06-2025
- Business
- Yahoo
T. Rowe Price Sees 3.8% Rise in AUM for May Despite Higher Outflows
T. Rowe Price Group, Inc. (NASDAQ:TROW) is one of the best stocks for a . On June 11, the company reported that its preliminary assets under management (AUM) totaled $1.62 trillion as of May 31. The firm also saw net outflows of $4.4 billion during May, offering a snapshot of recent investor activity and the company's current market standing. T. Rowe Price Group, Inc. (NASDAQ:TROW) is also known for its reliable dividend payments. It has been rewarding shareholders with growing dividends for the past 39 consecutive years. Currently, it pays a quarterly dividend of $1.27 per share and has a dividend yield of 5.34%, as of June 11. Established in 1937, T. Rowe Price Group, Inc. (NASDAQ:TROW) supports individuals and institutions in reaching long-term financial goals. Recognized for its strong investment performance, retirement expertise, and in-house research, the company operates with a client-first approach rooted in a culture of integrity. TROW has surged by over 1% in the past week. While we acknowledge the potential of TROW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure. None.
Yahoo
13-06-2025
- Business
- Yahoo
T. Rowe Price Group (NasdaqGS:TROW) Expands ETF Offerings With Three New Sector-Focused Funds
T. Rowe Price Group recently launched three active transparent equity ETFs on NASDAQ, enhancing their investment product suite. Over the last quarter, the company's stock price experienced a 1.66% increase. This performance aligns with broader market movements, suggesting the ETFs might have added weight to these trends. Despite global market volatility, such as the Israel-Iran conflict impacting indices like the Dow Jones, TROW's moves remain relatively steady. Other company actions, including dividend announcements and a stock repurchase program, provided further support to its shareholder returns amid fluctuating market conditions. Buy, Hold or Sell T. Rowe Price Group? View our complete analysis and fair value estimate and you decide. Uncover the next big thing with financially sound penny stocks that balance risk and reward. The recent launch of three active transparent equity ETFs by T. Rowe Price Group has implications for its international expansion efforts and diversified offerings strategy. This aligns with the company's narrative of seeking growth through new markets and increasing its ETF business. The ETFs could enhance the firm's appeal in asset allocation models, potentially driving revenue growth alongside its international partnerships in Japan, Korea, and Canada. Over a three-year period, T. Rowe Price's total shareholder return, including dividends, was 2.25%. This performance provides a broader context to its recent stock price fluctuations. In the shorter one-year timeframe, however, TROW's shares underperformed the US Capital Markets industry, indicative of the ongoing challenges it faces amid market pressures. The introduction of new ETFs is poised to affect revenue forecasts positively through higher net inflows, yet analysts project a conservative annual revenue growth of 1.4% over the next three years. Earnings expectations hold steady at approximately US$2.0 billion, maintaining a cautious outlook given the prevailing market conditions. In terms of valuation, the stock's current price of US$90.16 sits slightly below the consensus analyst price target of approximately US$93.46. This suggests that, on average, analysts believe the stock to be fairly priced relative to its projected earnings and revenue growth. Observers should weigh these projections against their understanding of the company's strategy and market conditions. Upon reviewing our latest valuation report, T. Rowe Price Group's share price might be too pessimistic. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:TROW. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
