T. Rowe Price Group Inc TROW
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News
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T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR APRIL 2024
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T. ROWE PRICE OHA SELECT PRIVATE CREDIT FUND ANNOUNCES MARCH 31, 2024 FINANCIAL RESULTS AND DECLARED TOTAL DISTRIBUTIONS OF $0.87 PER SHARE IN Q1 2024
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T. ROWE PRICE GROUP DECLARES QUARTERLY DIVIDEND
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Advancing Leaders Through Innovation: Recognizing Asian American Native Hawaiian Pacific Islander Heritage Month
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T. ROWE PRICE GROUP REPORTS FIRST QUARTER 2024 RESULTS
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OHA is Administrative Agent & Lead Left Arranger for Acentra Health’s Private Refinancing
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T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR MARCH 2024
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T. ROWE PRICE: 401(K) ACCOUNT BALANCES SOARED IN 2023, ESPECIALLY AMONG YOUNGER RETIREMENT SAVERS
Trading Information
- Previous Close Price
- $116.05
- Day Range
- $115.69–116.97
- 52-Week Range
- $87.43–132.76
- Bid/Ask
- $109.00 / $117.22
- Market Cap
- $26.07 Bil
- Volume/Avg
- 1.1 Mil / 1.4 Mil
Key Statistics
- Price/Earnings (Normalized)
- 14.08
- Price/Sales
- 3.93
- Dividend Yield (Trailing)
- 4.20%
- Dividend Yield (Forward)
- 4.25%
- Total Yield
- 5.46%
Company Profile
T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load U.S. and international stock, hybrid, bond, and money market funds. At the end of January 2024, the firm had $1.450 trillion in managed assets, composed of equity (52%), balanced (33%), fixed-income and money market (12%), and alternative (3%) offerings. Approximately two thirds of managed assets are held in retirement-based accounts, which provides T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a U.S.-based asset manager, deriving just under 9% of its AUM from overseas.
- Sector
- Financial Services
- Industry
- Asset Management
- Stock Style Box
- Mid Value
- Total Number of Employees
- 7,906
- Website
- https://www.troweprice.com
Competitors
Valuation
Metric
|
TROW
|
IVZ
|
BLK
|
---|---|---|---|
Price/Earnings (Normalized) | 14.08 | 10.96 | 20.48 |
Price/Book Value | 2.67 | 0.68 | 3.04 |
Price/Sales | 3.93 | 1.26 | 6.66 |
Price/Cash Flow | 21.36 | 5.04 | 28.30 |
Price/Earnings
TROW
IVZ
BLK
Financial Strength
Metric
|
TROW
|
IVZ
|
BLK
|
---|---|---|---|
Quick Ratio | 6.07 | 1.78 | 10.39 |
Current Ratio | 6.07 | 1.78 | 13.22 |
Interest Coverage | — | −2.54 | 22.50 |
Quick Ratio
TROW
IVZ
BLK
Profitability
Metric
|
TROW
|
IVZ
|
BLK
|
---|---|---|---|
Return on Assets (Normalized) | 15.28% | 2.28% | 4.89% |
Return on Equity (Normalized) | 20.31% | 6.04% | 15.40% |
Return on Invested Capital (Normalized) | 17.10% | 2.71% | 11.52% |
Return on Assets
TROW
IVZ
BLK
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