T Rowe Price Stock Today

TROW Stock  USD 115.03  0.17  0.15%   

Performance

6 of 100

 
Low
 
High
Modest

Odds Of Distress

Less than 5

 
100  
 
Zero
Very Low
T Rowe is selling for under 115.03 as of the 18th of March 2024; that is 0.15 percent up since the beginning of the trading day. The stock's lowest day price was 113.64. T Rowe has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat modest performance during the last 90 days. Equity ratings for T Rowe Price are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of March 2022 and ending today, the 18th of March 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
13th of September 1989
Classification
Financials
Rowe Price Group, Inc. is a publicly owned investment manager. 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. The company has 223.66 M outstanding shares of which 12.15 M shares are at this time shorted by private and institutional investors with about 8.48 trading days to cover. More on T Rowe Price

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TROW Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. T Rowe's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding T Rowe or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, T Rowe's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to T Rowe's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEO PresidentCPA CFA
Thematic IdeaFinTech (View all Themes)
Business ConcentrationAsset Management & Custody Banks, Financial Services, SP 500 Index, NASDAQ Composite, NASDAQ Financial 100, NASDAQ Composite Total, FinTech, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors)
Average Analyst Recommendation
Analysts covering T Rowe report their recommendations after researching T Rowe's financial statements, talking to executives and customers, or listening in on T Rowe's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering T Rowe Price. The TROW consensus assessment is calculated by taking the average forecast from all of the analysts covering T Rowe.
Financial Strength
Based on the measurements of operating efficiency obtained from T Rowe's historical financial statements, T Rowe Price may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of T Rowe Price is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.220.1457
Way Up
Pretty Stable
Asset Turnover1.00.5262
Way Up
Slightly volatile
Gross Profit Margin0.870.8449
Fairly Up
Slightly volatile
Total Current Liabilities499.5 M475.7 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total1.6 B1.5 B
Sufficiently Up
Slightly volatile
Total Assets12.9 B12.3 B
Sufficiently Up
Slightly volatile
Total Current AssetsB2.9 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities2.3 B2.2 B
Sufficiently Up
Slightly volatile
T Rowe's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to T Rowe's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand T Rowe's financial leverage. It provides some insight into what part of T Rowe's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on T Rowe's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how T Rowe deploys its capital and how much of that capital is borrowed.
Liquidity
T Rowe cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 397.9 M in liabilities with Debt to Equity (D/E) ratio of 0.04, which may suggest the company is not taking enough advantage from borrowing. T Rowe Price has a current ratio of 1.72, which is within standard range for the sector. Debt can assist T Rowe until it has trouble settling it off, either with new capital or with free cash flow. So, T Rowe's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like T Rowe Price sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TROW to invest in growth at high rates of return. When we think about T Rowe's use of debt, we should always consider it together with cash and equity.

Total Cash From Operating Activities

2.34 Billion
T Rowe Price (TROW) is traded on NASDAQ Exchange in USA. It is located in 100 East Pratt Street, Baltimore, MD, United States, 21202 and employs 7,906 people. T Rowe is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 25.69 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate T Rowe's market, we take the total number of its shares issued and multiply it by T Rowe's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. T Rowe Price conducts business under Capital Markets sector and is part of Financials industry. The entity has 223.66 M outstanding shares of which 12.15 M shares are at this time shorted by private and institutional investors with about 8.48 trading days to cover. T Rowe Price currently holds about 1.76 B in cash with 2.23 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 10.59.
Check T Rowe Probability Of Bankruptcy
Ownership Allocation
T Rowe maintains a total of 223.66 Million outstanding shares. The majority of T Rowe Price outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in T Rowe to benefit from reduced commissions. Therefore, institutions are subject to a different set of regulations than regular investors in T Rowe Price. Please pay attention to any change in the institutional holdings of T Rowe Price as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check TROW Ownership Details

TROW Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of T Rowe jumping above the current price in 90 days from now is about 5.51%. The T Rowe Price probability density function shows the probability of T Rowe stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.8138. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, T Rowe will likely underperform. Additionally, the company has an alpha of 0.0248, implying that it can generate a 0.0248 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 115.03HorizonTargetOdds Above 115.03
94.41%90 days
 115.03 
5.51%
Based on a normal probability distribution, the odds of T Rowe to move above the current price in 90 days from now is about 5.51 (This T Rowe Price probability density function shows the probability of TROW Stock to fall within a particular range of prices over 90 days) .

TROW Stock Institutional Holders

Institutional Holdings refers to the ownership stake in T Rowe that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of T Rowe's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing T Rowe's value.
InstituionRecorded OnShares
Northern Trust Corp2023-12-31
2.2 M
Legal & General Group Plc2023-12-31
2.1 M
Amvescap Plc.2023-12-31
M
Amundi2023-12-31
1.9 M
Bank Of New York Mellon Corp2023-12-31
1.9 M
Fisher Asset Management, Llc2023-12-31
1.8 M
Proshare Advisors Llc2023-12-31
1.7 M
Wells Fargo & Co2023-12-31
1.7 M
Brown Advisory Holdings Inc2023-12-31
1.6 M
Vanguard Group Inc2023-12-31
26.1 M
Blackrock Inc2023-12-31
19.5 M
View T Rowe Diagnostics

T Rowe Historical Income Statement

T Rowe Price Income Statement is one of the three primary financial statements used for reporting TROW's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of T Rowe Price revenue and expense. T Rowe Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, T Rowe's Cost Of Revenue is fairly stable compared to the past year. Net Income From Continuing Ops is likely to climb to about 1.7 B in 2024, whereas EBIT is likely to drop slightly above 1.1 B in 2024. View More Fundamentals

TROW Stock Against Markets

Picking the right benchmark for T Rowe stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in T Rowe stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for T Rowe is critical whether you are bullish or bearish towards T Rowe Price at a given time. Please also check how T Rowe's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in T Rowe without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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T Rowe Corporate Directors

T Rowe corporate directors refer to members of a T Rowe board of directors. The board of directors generally takes responsibility for the T Rowe's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of T Rowe's board members must vote for the resolution. The T Rowe board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
James BradyIndependent DirectorProfile
Mary BushIndependent DirectorProfile
Alfred SommerIndependent DirectorProfile
Mark BartlettIndependent DirectorProfile

How to buy TROW Stock?

Before investing in T Rowe, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in T Rowe. To buy T Rowe stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of T Rowe. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase T Rowe stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located T Rowe Price stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased T Rowe Price stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as T Rowe Price, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy TROW Stock please use our How to Invest in T Rowe guide.

Already Invested in T Rowe Price?

The danger of trading T Rowe Price is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of T Rowe is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than T Rowe. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile T Rowe Price is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether T Rowe Price is a strong investment it is important to analyze T Rowe's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact T Rowe's future performance. For an informed investment choice regarding TROW Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in T Rowe Price. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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When running T Rowe's price analysis, check to measure T Rowe's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy T Rowe is operating at the current time. Most of T Rowe's value examination focuses on studying past and present price action to predict the probability of T Rowe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move T Rowe's price. Additionally, you may evaluate how the addition of T Rowe to your portfolios can decrease your overall portfolio volatility.
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Is T Rowe's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of T Rowe. If investors know TROW will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about T Rowe listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.65
Dividend Share
4.88
Earnings Share
7.75
Revenue Per Share
28.829
Quarterly Revenue Growth
0.077
The market value of T Rowe Price is measured differently than its book value, which is the value of TROW that is recorded on the company's balance sheet. Investors also form their own opinion of T Rowe's value that differs from its market value or its book value, called intrinsic value, which is T Rowe's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because T Rowe's market value can be influenced by many factors that don't directly affect T Rowe's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between T Rowe's value and its price as these two are different measures arrived at by different means. Investors typically determine if T Rowe is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, T Rowe's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.