T Rowe Price Stock Today

TROW Stock  USD 118.74  0.72  0.61%   

Performance

7 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 5

 
High
 
Low
Very Low
T Rowe is selling for under 118.74 as of the 15th of July 2024; that is 0.61 percent increase since the beginning of the trading day. The stock's lowest day price was 118.22. T Rowe has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat ok performance during the last 90 days. Note, on October 31, 2018, Senator Bill Cassidy of US Senate acquired under $15k worth of T Rowe Price's common stock.
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 223.3 M outstanding shares of which 8.96 M shares are at this time shorted by private and institutional investors with about 8.24 trading days to cover. More on T Rowe Price

Moving together with TROW Stock

  0.75DIST Distoken AcquisitionPairCorr

Moving against TROW Stock

  0.57COF Capital One Financial Earnings Call Next WeekPairCorr
  0.56SEPAU SEP Acquisition CorpPairCorr
Follow Valuation Options Odds of Bankruptcy
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TROW Stock Highlights

ESG Sustainability
Environmental
Governance
Social
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
Financial Strength
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
Debt Levels
T Rowe can leverage 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.
Liquidity
T Rowe Price 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. Note, when we think about T Rowe's use of debt, we should always consider it together with its 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 7,878 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 26.35 B. T Rowe Price conducts business under Capital Markets sector and is part of Financials industry. The entity has 223.3 M outstanding shares of which 8.96 M shares are at this time shorted by private and institutional investors with about 8.24 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
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. Please note that on October 31, 2018, Senator Bill Cassidy of US Senate acquired under $15k worth of T Rowe Price's common stock.
Check TROW Ownership Details

TROW Stock Institutional Holders

InstituionRecorded OnShares
Legal & General Group Plc2024-03-31
2.1 M
Amvescap Plc.2024-03-31
1.8 M
Amundi2024-03-31
1.8 M
Bank Of New York Mellon Corp2024-03-31
1.8 M
Fisher Asset Management, Llc2024-03-31
1.8 M
Wells Fargo & Co2024-03-31
1.6 M
Proshare Advisors Llc2024-03-31
1.6 M
Brown Advisory Holdings Inc2024-03-31
1.6 M
Goldman Sachs Group Inc2024-03-31
1.5 M
Vanguard Group Inc2024-03-31
25.9 M
Blackrock Inc2024-03-31
19.5 M
View T Rowe Diagnostics

T Rowe Historical Income Statement

At this time, T Rowe's Interest Expense is fairly stable compared to the past year. Cost Of Revenue is likely to climb to about 2.8 B in 2024, whereas Operating Income is likely to drop slightly above 1.1 B in 2024. View More Fundamentals

TROW Stock Against Markets

T Rowe Corporate Management

Additional Tools for TROW Stock Analysis

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.