T. Rowe Price Group Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $109.495
- Today's High:
- $111.45
- Open Price:
- $109.58
- 52W Low:
- $90.526
- 52W High:
- $132.76
- Prev. Close:
- $110.1
- Volume:
- 844450
Company Statistics
- Market Cap.:
- $24.84 billion
- Book Value:
- 41.304
- Revenue TTM:
- $6.26 billion
- Operating Margin TTM:
- 32.19%
- Gross Profit TTM:
- $3.57 billion
- Profit Margin:
- 24.73%
- Return on Assets TTM:
- 10.33%
- Return on Equity TTM:
- 15.56%
Company Profile
T. Rowe Price Group Inc had its IPO on 1989-09-13 under the ticker symbol TROW.
The company operates in the Financial Services sector and Asset Management industry. T. Rowe Price Group Inc has a staff strength of 7,903 employees.
Stock update
Shares of T. Rowe Price Group Inc opened at $109.58 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $109.5 - $111.45, and closed at $110.28.
This is a +0.16% increase from the previous day's closing price.
A total volume of 844,450 shares were traded at the close of the day’s session.
In the last one week, shares of T. Rowe Price Group Inc have slipped by -2.32%.
T. Rowe Price Group Inc's Key Ratios
T. Rowe Price Group Inc has a market cap of $24.84 billion, indicating a price to book ratio of 3.0062 and a price to sales ratio of 3.6124.
In the last 12-months T. Rowe Price Group Inc’s revenue was $6.26 billion with a gross profit of $3.57 billion and an EBITDA of $2.66 billion. The EBITDA ratio measures T. Rowe Price Group Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, T. Rowe Price Group Inc’s operating margin was 32.19% while its return on assets stood at 10.33% with a return of equity of 15.56%.
In Q2, T. Rowe Price Group Inc’s quarterly earnings growth was a positive 41.1% while revenue growth was a positive 6.4%.
T. Rowe Price Group Inc’s PE and PEG Ratio
- Forward PE
- 17.1821
- Trailing PE
- 16.5015
- PEG
- 27.3445
Its diluted EPS in the last 12-months stands at $6.71 per share while it has a forward price to earnings multiple of 17.1821 and a PEG multiple of 27.3445. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into T. Rowe Price Group Inc’s profitability.
T. Rowe Price Group Inc stock is trading at a EV to sales ratio of 3.5709 and a EV to EBITDA ratio of 7.7218. Its price to sales ratio in the trailing 12-months stood at 3.6124.
T. Rowe Price Group Inc stock pays annual dividends of $4.84 per share, indicating a yield of 4.47% and a payout ratio of 66.48%.
Balance sheet and cash flow metrics
- Total Assets
- $12.62 billion
- Total Liabilities
- $423.70 million
- Operating Cash Flow
- $-78400000.00
- Capital Expenditure
- $71.70 million
- Dividend Payout Ratio
- 66.48%
T. Rowe Price Group Inc ended 2024 with $12.62 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $12.62 billion while shareholder equity stood at $9.26 billion.
T. Rowe Price Group Inc ended 2024 with $0 in deferred long-term liabilities, $423.70 million in other current liabilities, 44800000.00 in common stock, $8.75 billion in retained earnings and $2.64 billion in goodwill. Its cash balance stood at $2.25 billion and cash and short-term investments were $2.25 billion. The company’s total short-term debt was $323,400,000 while long-term debt stood at $0.
T. Rowe Price Group Inc’s total current assets stands at $3.01 billion while long-term investments were $2.72 billion and short-term investments were $0. Its net receivables were $761.40 million compared to accounts payable of $381.30 million and inventory worth $0.
In 2024, T. Rowe Price Group Inc's operating cash flow was $-78400000.00 while its capital expenditure stood at $71.70 million.
Comparatively, T. Rowe Price Group Inc paid $0.66 in dividends in 2024.
Other key metrics
- Current Trading Price
- $110.28
- 52-Week High
- $132.76
- 52-Week Low
- $90.526
- Analyst Target Price
- $107
T. Rowe Price Group Inc stock is currently trading at $110.28 per share. It touched a 52-week high of $132.76 and a 52-week low of $132.76. Analysts tracking the stock have a 12-month average target price of $107.
Its 50-day moving average was $114.12 and 200-day moving average was $111.74 The short ratio stood at 10.92 indicating a short percent outstanding of 0%.
Around 203.1% of the company’s stock are held by insiders while 7960.3% are held by institutions.
Frequently Asked Questions About T. Rowe Price Group Inc
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About
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.