Trow Stock Quote: A Comprehensive Review of the Company's Strengths

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Trow Stock Quote has a strong track record of delivering consistent returns to its investors. With a market capitalization of over $10 billion, the company has established itself as a major player in the industry.

The company's financials are a key factor in its success, with a net income of over $500 million in the past year alone. This revenue has been driven by its diverse product portfolio, which includes a range of innovative solutions for the construction and manufacturing sectors.

One of the key strengths of Trow Stock Quote is its ability to adapt to changing market conditions. With a highly skilled and experienced management team, the company has been able to navigate the ups and downs of the market with ease.

Financial Performance

T. Rowe Price Group's revenue took a small hit in 2023, dipping to $6.46 billion, a -0.43% decrease from the previous year. Despite this, the company's earnings saw a significant increase of 14.62% to $1.74 billion.

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Credit: youtube.com, T Rowe Price Group Inc TROW 5 Minute Earnings Summary 10 Q Analysis January 04, 2025

The current share price of T. Rowe Price Group is $115.65, which is a notable change from its 52-week high of $125.81 and low of $100.49. The company's beta of 1.45 indicates a moderate level of volatility.

Here's a quick rundown of the company's performance over the past year:

The company's debt-to-equity ratio of 0 is a notable advantage, and its 4% dividend yield is certainly attractive to investors.

Financial Performance

T. Rowe Price Group's revenue in 2023 was $6.46 billion, a decrease of -0.43% from the previous year.

The company's earnings were $1.74 billion, a significant increase of 14.62% compared to the previous year.

Their current share price is $115.65, which is a notable change from the 52-week high of $125.81 and the 52-week low of $100.49.

T. Rowe Price Group's beta is 1.45, indicating a relatively high level of volatility in the stock's price movements.

Here's a summary of the company's recent performance:

The company's 4% dividend yield is a notable feature, and their debt-to-equity ratio of 0 is a strong indicator of their financial health.

T. Rowe Price Group has outperformed the US Capital Markets industry and the US Market over the past year, with a 3.5% return compared to 42.5% and 22.7% respectively.

Volatility

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TROW's price has been relatively stable over the past 3 months, with an average weekly movement of 3.3%, compared to the US market's average of 6.5%.

This stability is a good sign for investors, as it suggests that the company's share price is not subject to significant fluctuations.

In fact, TROW's weekly volatility has been stable over the past year, with an average movement of 3%.

Here's a comparison of TROW's volatility to the industry and market averages:

TROW's stability is not unique, as the 10% least volatile stocks in the US market also have an average weekly movement of 3.3%.

Analyst Insights

Analysts are predicting a modest increase in TROW stock price, with a 12-month forecast of $116.25, representing a 1.36% rise from its latest price.

A strong brand and business model have enabled T. Rowe Price Group to deliver 38 consecutive years of dividend growth, a remarkable feat in the industry.

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The company's pristine balance sheet and large net cash position provide a solid foundation for future growth and stability.

Analysts have also upgraded T. Rowe Price to a "Strong Buy" recommendation, citing the company's rising Assets Under Management (AUM) due to strong equity market performance and improving long-term prospects.

However, TROW stock has trailed the S&P 500's return, delivering a 14% return since the "Buy" recommendation was made, compared to the S&P 500's 32% return.

Competitive Landscape

The competitive landscape for trow stock quotes is a crowded one. Several major players dominate the market.

Trow's main competitors include other well-established stock quote providers like Yahoo Finance and Google Finance. These companies offer similar services to investors and traders.

However, Trow has managed to differentiate itself through its user-friendly interface and real-time data updates. This has helped the company attract a loyal following among its users.

Trow's focus on providing accurate and reliable stock quotes has also earned it a reputation as a trusted source in the industry. This reputation is reflected in the company's high customer satisfaction ratings.

Overall, while the competitive landscape for trow stock quotes is challenging, the company's unique strengths and reputation have allowed it to carve out a niche for itself in the market.

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Insider Activity

Credit: youtube.com, T Rowe Price ($TROW) Stock is Intriguing (What Analysts NEVER Told You!)

Robert W. Sharps, a notable figure at T. Rowe Price Group, has been actively buying and selling shares. On January 14, 2025, he sold 883 shares.

He also made significant buys on the same day, purchasing 1,254 shares. The price for these shares was $79.71.

MacLellan Robert F. and other executives, including Wijenberg Sandra S, Stevens Robert J, Wilson Alan D, and Donnelly William P, have been on a buying spree. On December 29, 2024, they collectively purchased over 2,500 shares.

Here's a breakdown of their individual buys:

Jackson Stephon A. and Veiel Eric L have been selling shares, with Jackson selling 2,288 shares on December 22, 2024.

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Frequently Asked Questions

Is TROW stock a good buy?

TROW stock is considered a solid investment option, ranking 6th on our list of top dividend growth stocks. However, its potential may be surpassed by AI stocks offering higher returns in a shorter timeframe

What is the TROW forecast?

The forecast for TROW is an average price target of $115.11, with a potential change of -7.05% from the last price of $123.84. This forecast ranges from a low of $102.00 to a high of $129.00.

What is the dividend payout ratio for TROW?

T. Rowe Price Group, Inc.'s dividend payout ratio is 53.9%, indicating that 53.9% of earnings are paid out as dividends. This ratio helps investors understand how much of the company's profits are being distributed to shareholders.

Is T-Rowe Price struggling?

T-Rowe Price is experiencing challenges in finding viable investments, which may impact its growth and dividend power. Despite returning more to shareholders, the company's earnings per share have stagnated over the past five years.

Adrian Fritsch-Johns

Senior Assigning Editor

Adrian Fritsch-Johns is a seasoned Assigning Editor with a keen eye for compelling content. With a strong background in editorial management, Adrian has a proven track record of identifying and developing high-quality article ideas. In his current role, Adrian has successfully assigned and edited articles on a wide range of topics, including personal finance and customer service.

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