image
Financial Services - Asset Management - NASDAQ - US
$ 118.77
-0.86 %
$ 26.4 B
Market Cap
13.01
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one TROW stock under the base case scenario is HIDDEN Compared to the current market price of 119 USD, T. Rowe Price Group, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart TROW

image
FINANCIALS
6.46 B REVENUE
-0.43%
1.99 B OPERATING INCOME
-16.32%
1.79 B NET INCOME
23.39%
1.22 B OPERATING CASH FLOW
-48.33%
-527 M INVESTING CASH FLOW
-1170.36%
-1.08 B FINANCING CASH FLOW
48.07%
1.79 B REVENUE
3.02%
614 M OPERATING INCOME
8.66%
691 M NET INCOME
46.78%
450 M OPERATING CASH FLOW
-39.03%
-32.1 M INVESTING CASH FLOW
45.32%
20.7 M FINANCING CASH FLOW
105.26%
Balance Sheet Decomposition T. Rowe Price Group, Inc.
image
Current Assets 2.87 B
Cash & Short-Term Investments 2.07 B
Receivables 808 M
Other Current Assets 0
Non-Current Assets 4.2 B
Long-Term Investments 4.51 B
PP&E 1.05 B
Other Non-Current Assets -1.36 B
Current Liabilities 375 M
Accounts Payable 410 M
Short-Term Debt 72.3 M
Other Current Liabilities -107 M
Non-Current Liabilities 1.51 B
Long-Term Debt 251 M
Other Non-Current Liabilities 1.26 B
EFFICIENCY
Earnings Waterfall T. Rowe Price Group, Inc.
image
Revenue 6.46 B
Cost Of Revenue 3.25 B
Gross Profit 3.21 B
Operating Expenses 1.22 B
Operating Income 1.99 B
Other Expenses 198 M
Net Income 1.79 B
RATIOS
49.63% GROSS MARGIN
49.63%
30.74% OPERATING MARGIN
30.74%
27.69% NET MARGIN
27.69%
18.82% ROE
18.82%
14.57% ROA
14.57%
15.29% ROIC
15.29%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis T. Rowe Price Group, Inc.
image
Net Income 1.79 B
Depreciation & Amortization 482 M
Capital Expenditures -308 M
Stock-Based Compensation 266 M
Change in Working Capital 194 M
Others -1.32 B
Free Cash Flow 911 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets T. Rowe Price Group, Inc.
image
Wall Street analysts predict an average 1-year price target for TROW of $114 , with forecasts ranging from a low of $107 to a high of $125 .
TROW Lowest Price Target Wall Street Target
107 USD -9.91%
TROW Average Price Target Wall Street Target
114 USD -4.30%
TROW Highest Price Target Wall Street Target
125 USD 5.25%
4. DIVIDEND ANALYSIS
1.16% DIVIDEND YIELD
1.24 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership T. Rowe Price Group, Inc.
image
Sold
0-3 MONTHS
1.28 M USD 2
3-6 MONTHS
396 K USD 2
6-9 MONTHS
1.38 M USD 2
9-12 MONTHS
7.93 M USD 4
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
2 months ago
Sep 13, 2024
Sell 50.7 K USD
Hiebler Jessica M
Principal Accounting Officer
- 484
104.73 USD
2 months ago
Sep 06, 2024
Sell 1.23 M USD
Thomson Andrew Justin Mackenzie
Vice President
- 11969
102.8261 USD
4 months ago
Jun 27, 2024
Sell 162 K USD
Hiebler Jessica M
Principal Accounting Officer
- 1401
115.8478 USD
5 months ago
Jun 18, 2024
Sell 234 K USD
Sawyer Dorothy C
other: VP
- 2000
117 USD
6 months ago
Apr 29, 2024
Sell 344 K USD
MacLellan Robert F.
Director
- 3043
113.08 USD
8 months ago
Mar 08, 2024
Sell 517 K USD
HRABOWSKI FREEMAN A III
Director
- 4370
118.3235 USD
8 months ago
Mar 08, 2024
Sell 517 K USD
HRABOWSKI FREEMAN A III
Director
- 4370
118.3235 USD
9 months ago
Feb 09, 2024
Sell 15 K USD
Hiebler Jessica M
Principal Accounting Officer
- 140
107.1288 USD
9 months ago
Feb 09, 2024
Sell 107 K USD
Hiebler Jessica M
Principal Accounting Officer
- 998
107.1288 USD
11 months ago
Dec 18, 2023
Sell 1.27 M USD
Thomson Andrew Justin Mackenzie
Vice President
- 11969
105.9084 USD
11 months ago
Dec 12, 2023
Sell 594 K USD
Higginbotham Robert C.T.
Vice President
- 5977
99.4055 USD
11 months ago
Dec 08, 2023
Sell 530 K USD
Higginbotham Robert C.T.
Vice President
- 5374
98.7064 USD
11 months ago
Dec 08, 2023
Sell 574 K USD
Thomson Andrew Justin Mackenzie
Vice President
- 5812
98.7064 USD
1 year ago
Sep 15, 2023
Sell 0.242 USD
Higginbotham Robert C.T.
Vice President
- 0.0022
110 USD
11 months ago
Nov 21, 2023
Sell 3.86 M USD
Higginbotham Robert C.T.
Vice President
- 40000
96.5197 USD
1 year ago
Nov 15, 2023
Sell 492 K USD
Stromberg William J
Non-Executive COB
- 5000
98.4932 USD
1 year ago
Nov 15, 2023
Sell 492 K USD
Stromberg William J
Non-Executive COB
- 5000
98.4655 USD
1 year ago
Sep 27, 2023
Sell 522 K USD
McCormick Andrew C.
Vice President
- 5040
103.632 USD
1 year ago
Sep 01, 2023
Sell 3.38 K USD
Higginbotham Robert C.T.
Vice President
- 30
112.63 USD
1 year ago
Aug 30, 2023
Sell 1.34 M USD
Thomson Andrew Justin Mackenzie
Vice President
- 11969
111.8229 USD
1 year ago
May 03, 2023
Sell 201 K USD
Hiebler Jessica M
Principal Accounting Officer
- 1881
106.66 USD
1 year ago
Feb 21, 2023
Sell 807 K USD
Thomson Andrew Justin Mackenzie
- 7069
114.092 USD
1 year ago
Feb 21, 2023
Sell 564 K USD
Thomson Andrew Justin Mackenzie
- 4900
115.1495 USD
1 year ago
Feb 10, 2023
Sell 1.65 M USD
McCormick Andrew C.
- 14154
116.7253 USD
1 year ago
Dec 09, 2022
Sell 293 K USD
Higginbotham Robert C.T.
director: Vice President
- 2433
120.479 USD
1 year ago
Dec 09, 2022
Sell 372 K USD
Higginbotham Robert C.T.
director: Vice President
- 3086
120.479 USD
1 year ago
Dec 09, 2022
Sell 133 K USD
Higginbotham Robert C.T.
director: Vice President
- 1100
120.479 USD
1 year ago
Dec 09, 2022
Sell 354 K USD
Thomson Andrew Justin Mackenzie
director: Vice President
- 2942
120.479 USD
1 year ago
Dec 09, 2022
Sell 341 K USD
Thomson Andrew Justin Mackenzie
director: Vice President
- 2831
120.479 USD
1 year ago
Dec 09, 2022
Sell 145 K USD
Thomson Andrew Justin Mackenzie
director: Vice President
- 1201
120.479 USD
2 years ago
Nov 11, 2022
Sell 1.24 M USD
Stromberg William J
director: Non-Executive COB
- 10000
124.15 USD
2 years ago
Aug 04, 2022
Sell 1.18 M USD
Thomson Andrew Justin Mackenzie
director: Vice President
- 9291
126.7857 USD
2 years ago
Aug 02, 2022
Sell 19.9 K USD
Hiebler Jessica M
director: Principal Accounting Officer
- 160
124.675 USD
2 years ago
May 02, 2022
Sell 91.3 K USD
Hiebler Jessica M
director: Principal Accounting Officer
- 730
125.004 USD
2 years ago
Feb 28, 2022
Sell 117 K USD
Hiebler Jessica M
- 812
143.6346 USD
2 years ago
Feb 28, 2022
Sell 64.4 K USD
Hiebler Jessica M
- 448
143.6784 USD
2 years ago
Feb 22, 2022
Sell 388 K USD
Thomson Andrew Justin Mackenzie
- 2700
143.521 USD
2 years ago
Feb 22, 2022
Sell 787 K USD
Thomson Andrew Justin Mackenzie
- 5516
142.6293 USD
2 years ago
Dec 28, 2021
Sell 906 K USD
Stromberg William J
- 4556
198.8513 USD
2 years ago
Dec 28, 2021
Sell 1.53 M USD
Stromberg William J
- 7647
199.693 USD
2 years ago
Dec 28, 2021
Sell 561 K USD
Stromberg William J
- 2797
200.4509 USD
2 years ago
Dec 10, 2021
Sell 171 K USD
Higginbotham Robert C.T.
- 872
196.2336 USD
2 years ago
Dec 10, 2021
Sell 526 K USD
Higginbotham Robert C.T.
- 2681
196.2336 USD
2 years ago
Dec 10, 2021
Sell 424 K USD
Higginbotham Robert C.T.
- 2161
196.2336 USD
2 years ago
Dec 10, 2021
Sell 170 K USD
Higginbotham Robert C.T.
- 867
196.2336 USD
2 years ago
Dec 10, 2021
Sell 98.5 K USD
Higginbotham Robert C.T.
- 502
196.2336 USD
2 years ago
Dec 10, 2021
Sell 25.1 K USD
Higginbotham Robert C.T.
- 128
196.2336 USD
2 years ago
Dec 10, 2021
Sell 16.2 K USD
Higginbotham Robert C.T.
- 81
200.5 USD
2 years ago
Dec 10, 2021
Sell 172 K USD
Thomson Andrew Justin Mackenzie
- 879
196.2336 USD
2 years ago
Dec 10, 2021
Sell 530 K USD
Thomson Andrew Justin Mackenzie
- 2701
196.2336 USD
2 years ago
Dec 10, 2021
Sell 427 K USD
Thomson Andrew Justin Mackenzie
- 2177
196.2336 USD
2 years ago
Dec 10, 2021
Sell 172 K USD
Thomson Andrew Justin Mackenzie
- 874
196.2336 USD
2 years ago
Dec 10, 2021
Sell 99.3 K USD
Thomson Andrew Justin Mackenzie
- 506
196.2336 USD
2 years ago
Dec 10, 2021
Sell 25.3 K USD
Thomson Andrew Justin Mackenzie
- 129
196.2336 USD
2 years ago
Dec 10, 2021
Sell 16.2 K USD
Thomson Andrew Justin Mackenzie
- 81
200.5 USD
3 years ago
Sep 02, 2021
Sell 1.69 M USD
Page Sebastien
- 7667
220.9473 USD
3 years ago
Aug 05, 2021
Sell 1.69 M USD
Stromberg William J
- 8000
211.1748 USD
3 years ago
Aug 03, 2021
Sell 239 K USD
Hiebler Jessica M
- 1150
207.7042 USD
7. News
Here's Why T. Rowe Price (TROW) is a Strong Momentum Stock Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service. zacks.com - 2 days ago
T. Rowe Price's October AUM Balance Declines 1.5% Sequentially TROW reports an AUM of $1.61 trillion at the end of October 2024, increasing 1.5% from the previous month. zacks.com - 3 days ago
TROW or ARES: Which Is the Better Value Stock Right Now? Investors interested in stocks from the Financial - Investment Management sector have probably already heard of T. Rowe Price (TROW) and Ares Management (ARES). zacks.com - 5 days ago
3 Top High-Yield Financial Stocks to Buy in November With Yields as High as 6.3% If you are looking for high yields, these three stocks offer way above-average yields and strong businesses. fool.com - 1 week ago
T. Rowe Price (TROW) Recently Broke Out Above the 200-Day Moving Average T. Rowe Price (TROW) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, TROW broke through the 200-day moving average, which suggests a long-term bullish trend. zacks.com - 1 week ago
T. Rowe Price: Net Outflows Are Becoming A Problem T. Rowe Price's performance has been disappointing, with a -4.20% return over 5 years despite a strong bull market. Despite solid financials and a long history of dividend growth, the current dividend growth rate is unsustainable, making TROW less attractive for long-term dividend growth investors. Continuous negative net flows since 2021, especially among U.S. equity retail investors, are a major concern, even if AUM grows due to the bull market. seekingalpha.com - 1 week ago
T. Rowe (TROW) Reports Q3 Earnings: What Key Metrics Have to Say Although the revenue and EPS for T. Rowe (TROW) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. zacks.com - 2 weeks ago
T. Rowe Price Group, Inc. (TROW) Q3 2024 Earnings Call Transcript T. Rowe Price Group, Inc. (NASDAQ:TROW ) Q3 2024 Earnings Conference Call November 1, 2024 8:00 AM ET Company Participants Linsley Carruth - Director of IR Rob Sharps - CEO and President Jen Dardis - CFO Eric Veiel - Head of Global Investments Conference Call Participants Alexander Blostein - Goldman Sachs Michael Cyprys - Morgan Stanley Benjamin Budish - Barclays Capital Dan Fannon - Jefferies Ken Worthington - JPMorgan Craig Siegenthaler - Bank of America Glenn Schorr - Evercore ISI Patrick Davitt - Autonomous Research Brennan Hawken - UBS Mike Brown - Wells Fargo Securities Operator Good morning. My name is Daniel and I will be your conference facilitator today. seekingalpha.com - 2 weeks ago
T. Rowe Price Q3 Earnings Beat on AUM Growth & Higher Revenues A rise in AUM balance and an increase in revenues support TROW'S Q3 2024 results. Yet, rising expenses remain a concern. zacks.com - 2 weeks ago
T. Rowe Price (TROW) Q3 Earnings Surpass Estimates T. Rowe Price (TROW) came out with quarterly earnings of $2.57 per share, beating the Zacks Consensus Estimate of $2.36 per share. This compares to earnings of $2.17 per share a year ago. zacks.com - 2 weeks ago
'Elect' The Best: Top 7 Dividend Aristocrats For A 6% Yielding November Election anxiety is reaching a fever pitch, and with stocks up 43% in the last year, many worry that a stock market bubble is about to burst. While the S&P is historically overvalued, individual stocks, including world-class dividend aristocrats, are not. Here are seven of the best ultra-yield aristocrats. They offer an average yield of over 6%, are 19% historically undervalued, and have 30% lower volatility than the S&P. seekingalpha.com - 2 weeks ago
T. Rowe Price: Safety And Growth, Moderating Outflows In Q3 T. Rowe Price Group, Inc. has a long history of innovation and success, with a strong brand and business model providing 38 consecutive years of dividend growth. A pristine balance sheet, large net cash position, and high margins provide significant downside protection for T. Rowe Price Group stock. Rising AUM and increased flows into retirement accounts provide upside participation in bull markets. seekingalpha.com - 2 weeks ago
8. Profile Summary

T. Rowe Price Group, Inc. TROW

image
COUNTRY US
INDUSTRY Asset Management
MARKET CAP $ 26.4 B
Dividend Yield 1.16%
Description 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, Germany, Madrid, Spain, Milan, Italy, Stockholm, Sweden, Melbourne, Australia, and Amsterdam, Netherlands.
Contact 100 East Pratt Street, Baltimore, MD, 21202 https://www.troweprice.com
IPO Date April 2, 1986
Employees 8104
Officers Mr. Glenn Russell August Chief Executive Officer of OHA, Founder, Vice President & Director Mr. Thomas Pedersen Managing Director of Sales & Client Relations Mr. David Oestreicher Esq., J.D. Vice President & General Counsel Ms. Jessica M. Hiebler Principal Accounting Officer, Controller & Vice President Ms. Linsley Carruth Director of Investor Relations Ms. Kimberly H. Johnson Vice President & Chief Operating Officer Mr. Eric Lanoue Veiel C.F.A. Head of Global Investments & Chief Information Officer Mr. Sébastien Page C.F.A. Vice President, Head of Global Multi-Asset & Chief Information Officer Ms. Jennifer Benson Dardis Vice President, Chief Financial Officer & Treasurer Mr. Justin Thomson Vice President, Head of International Equity & Chief Information Officer for International Equities