S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead

Thomson Reuters (TRI) Stock Price, News & Analysis

$152.54
+0.16 (+0.11%)
(As of 04/15/2024 ET)
Today's Range
$152.35
$154.85
50-Day Range
$149.09
$160.29
52-Week Range
$117.46
$161.57
Volume
268,445 shs
Average Volume
303,624 shs
Market Capitalization
$68.86 billion
P/E Ratio
26.12
Dividend Yield
1.42%
Price Target
$157.42

Thomson Reuters MarketRank™ Stock Analysis

Analyst Rating
Hold
2.27 Rating Score
Upside/​Downside
3.2% Upside
$157.42 Price Target
Short Interest
Healthy
1.34% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.33
Upright™ Environmental Score
News Sentiment
1.68mentions of Thomson Reuters in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.50%
From $3.58 to $3.92 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.14 out of 5 stars

Business Services Sector

35th out of 311 stocks

Miscellaneous Publishing Industry

1st out of 1 stocks

TRI stock logo

About Thomson Reuters Stock (NYSE:TRI)

Thomson Reuters Corporation engages in the provision of business information services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. The Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics to law firms and governments. The Corporates segment provides a suite of content-driven technologies, including generative AI, integrated workflow solutions to small businesses to multinational organizations. The Tax & Accounting Professionals segment offers research and workflow products focusing on tax offerings and automating tax workflows to tax, accounting, and audit professionals in accounting firms. The Reuters News segment provides business, financial, and international news to media organizations, professional, and news consumers through Reuters News Agency, Reuters.com, Reuters Events, Thomson Reuters products, and to financial market professionals. The Global Print segment offers legal and tax information primarily in print format. The company was formerly known as The Thomson Corporation and changed its name to Thomson Reuters Corporation in April 2008. The company was founded in 1851 and is based in Toronto, Canada. Thomson Reuters Corporation operates as a subsidiary of The Woodbridge Company Limited.

TRI Stock Price History

TRI Stock News Headlines

“Forget Tesla, this is Elon’s Next Big Thing”
According to Forbes, this breakthrough could define the future of AI. Most people don’t know about it… Because it was found 750 miles away from Silicon Valley.
TRI Apr 2024 160.000 put
Thomson Reuters Corp. Pfd. B Series 2
Thomson Reuters
“Forget Tesla, this is Elon’s Next Big Thing”
According to Forbes, this breakthrough could define the future of AI. Most people don’t know about it… Because it was found 750 miles away from Silicon Valley.
Thomson Reuters Files 2023 Annual Report
WENDEL: 2023 Full-Year Results
Thomson Reuters Corp TRI
Thomson Reuters to host Investor Day in New York
See More Headlines
Receive TRI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Thomson Reuters and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
2/08/2024
Ex-Dividend for 3/8 Dividend
2/20/2024
Dividend Payable
3/08/2024
Today
4/15/2024
Next Earnings (Confirmed)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Miscellaneous publishing
Sub-Industry
Publishing
CUSIP
88490310
Employees
25,600
Year Founded
2008

Price Target and Rating

Average Stock Price Target
$157.42
High Stock Price Target
$225.00
Low Stock Price Target
$115.00
Potential Upside/Downside
+3.2%
Consensus Rating
Hold
Rating Score (0-4)
2.27
Research Coverage
11 Analysts

Profitability

Net Income
$2.70 billion
Pretax Margin
29.26%

Debt

Sales & Book Value

Annual Sales
$6.79 billion
Cash Flow
$5.20 per share
Book Value
$24.43 per share

Miscellaneous

Free Float
N/A
Market Cap
$68.86 billion
Optionable
Optionable
Beta
0.65

Social Links

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Growth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.

Get This Free Report

Key Executives

  • Mr. Stephen John Hasker B.Com.Mr. Stephen John Hasker B.Com. (Age 54)
    M.B.A., President, CEO & Director
    Comp: $4.07M
  • Mr. Michael Eastwood (Age 57)
    Chief Financial Officer
    Comp: $1.88M
  • Ms. Kirsty Roth (Age 48)
    Chief Operations & Technology Officer
    Comp: $1.8M
  • Mr. David Wong (Age 39)
    Chief Product Officer
    Comp: $1.62M
  • Ms. Linda J. Walker
    Chief Accounting Officer, Senior VP & Controller
  • Mr. Gary Elftman Bisbee C.F.A.
    Head of Investor Relations
  • Ms. Norie C. Campbell (Age 52)
    Chief Legal Officer & Company Secretary
  • Ms. Mary-Alice Vuicic (Age 56)
    Executive VP & Chief People Officer
    Comp: $462.61k
  • Ms. Carla Jones (Age 60)
    Chief of Staff
  • Ms. Sue Brooks
    Interim Head of Reuters News Agency

Should I Buy Thomson Reuters Stock? TRI Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Thomson Reuters Co.:

  • Thomson Reuters reported strong quarterly earnings, beating analyst estimates by $0.06 per share, indicating financial stability and growth potential.
  • The company has a solid net margin of 39.67%, showcasing efficient cost management and profitability.
  • Thomson Reuters has a diverse range of institutional investors, including major financial institutions, indicating confidence in the company's performance and future prospects.
  • The stock price has shown resilience, with a one-year high of $161.57, suggesting positive investor sentiment and potential for capital appreciation.
  • Thomson Reuters has a market cap of $68.79 billion, reflecting the company's significant size and market presence, providing stability and credibility to investors.

Cons

Investors should be bearish about investing in Thomson Reuters Co. for these reasons:

  • Thomson Reuters stock price has experienced fluctuations, with a recent decrease of $2.17, indicating potential volatility and risk in the market.
  • The company's PEG ratio of 3.99 suggests that the stock may be overvalued relative to its earnings growth, potentially leading to a correction in the stock price.
  • Thomson Reuters has a beta of 0.65, indicating lower volatility compared to the market, which may limit potential returns for investors seeking higher-risk investments.
  • The debt-to-equity ratio of 0.26 may raise concerns about the company's leverage and financial health, impacting investor confidence in the long-term stability of the business.
  • Thomson Reuters' current ratio of 0.90 and quick ratio of 0.90 suggest limited liquidity, which could pose challenges in meeting short-term financial obligations and potential growth initiatives.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these Thomson Reuters pros and cons to contact@marketbeat.com.

TRI Stock Analysis - Frequently Asked Questions

Should I buy or sell Thomson Reuters stock right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Thomson Reuters in the last twelve months. There are currently 8 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TRI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TRI, but not buy additional shares or sell existing shares.
View TRI analyst ratings
or view top-rated stocks.

What is Thomson Reuters' stock price target for 2024?

11 Wall Street research analysts have issued 12-month price objectives for Thomson Reuters' stock. Their TRI share price targets range from $115.00 to $225.00. On average, they predict the company's share price to reach $157.42 in the next twelve months. This suggests a possible upside of 3.2% from the stock's current price.
View analysts price targets for TRI
or view top-rated stocks among Wall Street analysts.

How have TRI shares performed in 2024?

Thomson Reuters' stock was trading at $146.22 at the beginning of 2024. Since then, TRI stock has increased by 4.3% and is now trading at $152.54.
View the best growth stocks for 2024 here
.

When is Thomson Reuters' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our TRI earnings forecast
.

How can I listen to Thomson Reuters' earnings call?

Thomson Reuters will be holding an earnings conference call on Thursday, May 2nd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Thomson Reuters' earnings last quarter?

Thomson Reuters Co. (NYSE:TRI) issued its earnings results on Thursday, February, 8th. The business services provider reported $0.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.92 by $0.06. The business services provider had revenue of $1.82 billion for the quarter, compared to analysts' expectations of $1.82 billion. Thomson Reuters had a trailing twelve-month return on equity of 14.01% and a net margin of 39.67%. The business's revenue was up 2.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.76 EPS.

How often does Thomson Reuters pay dividends? What is the dividend yield for Thomson Reuters?

Thomson Reuters declared a quarterly dividend on Thursday, February 8th. Stockholders of record on Wednesday, February 21st will be paid a dividend of $0.54 per share on Friday, March 8th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 1.42%. The ex-dividend date is Tuesday, February 20th. This is a boost from the stock's previous quarterly dividend of $0.49.
Read our dividend analysis for TRI
.

Is Thomson Reuters a good dividend stock?

Thomson Reuters (NYSE:TRI) pays an annual dividend of $2.16 per share and currently has a dividend yield of 1.42%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 36.99%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TRI will have a dividend payout ratio of 55.10% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TRI.

What ETFs hold Thomson Reuters' stock?

ETFs with the largest weight of Thomson Reuters (NYSE:TRI) stock in their portfolio include Global X Future Analytics Tech ETF (AIQ) and American Century Quality Diversified International ETF (QINT).iShares International Equity Factor ETF (INTF).

What guidance has Thomson Reuters issued on next quarter's earnings?

Thomson Reuters updated its FY 2024 earnings guidance on Thursday, February, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $7.2 billion-$7.2 billion, compared to the consensus revenue estimate of $7.2 billion.

What is Steve Hasker's approval rating as Thomson Reuters' CEO?

113 employees have rated Thomson Reuters Chief Executive Officer Steve Hasker on Glassdoor.com. Steve Hasker has an approval rating of 95% among the company's employees. This puts Steve Hasker in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Thomson Reuters own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Thomson Reuters investors own include Johnson & Johnson (JNJ), Verizon Communications (VZ), Bank of America (BAC), Intel (INTC), Walmart (WMT), Cisco Systems (CSCO), AT&T (T), Target (TGT), AbbVie (ABBV) and Broadcom (AVGO).

Who are Thomson Reuters' major shareholders?

Thomson Reuters' stock is owned by many different institutional and retail investors. Top institutional investors include First National Bank of Mount Dora Trust Investment Services (0.01%), Dynamic Advisor Solutions LLC (0.01%), Financiere des Professionnels Fonds d investissement inc. (0.00%), Park Avenue Securities LLC (0.00%), Gulf International Bank UK Ltd (0.00%) and First Affirmative Financial Network (0.00%).

How do I buy shares of Thomson Reuters?

Shares of TRI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Thomson Reuters have any subsidiaries?
The following companies are subsidiares of Thomson Reuters: 3276838 Nova Scotia Company, ASSET4, Acritas Limited, Apsmart, Avox Ltd, Bedrijfsbeheer TRA B.V., BizActions, Breakingviews, Business Integrity, CCBN, CaseLines, CaseLogistix, Clarient Global, Complinet, Confirmation, Confirmation.com Limited, Discovery Logic, EyeforPharma Limited, FC Business Intelligence, FC Business Intelligence Limited, FCBI Energy Limited, FX Alliance, Fuel Topco Limited, HighQ Diligence, HighQ Inc., HighQ Solutions Limited, Hugin Group, Indlaw, Information Holdings, Integration Point, International Thomson Reuters B.V, LN Holdings Limited, Liquid Engines, LiveNote, LiveNote Technologies Limited, Manatron, Manatron Intermediate Holdings, MarkMonitor, Mastersaf, Omnesys, Paisley, Pangea3, Planitax, Pondera Solutions, Practical Law, Redi, Reuters (Canvas) Holdings 1 Limited, Reuters Holdings Limited, Reuters Limited, Reuters News & Media Inc., Reuters News & Media Limited, Reuters Transaction Services Limited, Sabrix, Serengeti Law, Softway, Streamlogics, TR (2008) Limited, TR Holdings Limited, TR Organisation Limited, TR Professional Holdings Limited, TR U.S. Inc., TTC (1994) Limited, TTC Holdings Limited, The Thomson Organisation (No. 10), The Thomson Organisation Limited, Thomson Holdings Limited, Thomson Information & Publishing Holdings Limited, Thomson Information & Solutions (Holdings) Limited, Thomson Information & Solutions Limited, Thomson Publishing Group Limited, Thomson Reuters (GRC) Inc., Thomson Reuters (Legal) Inc., Thomson Reuters (Markets) Deutschland GmbH, Thomson Reuters (Markets) LLC, Thomson Reuters (Markets) SA, Thomson Reuters (Professional) UK Ltd., Thomson Reuters (TRI) Inc., Thomson Reuters (Tax & Accounting) Inc., Thomson Reuters America Corporation, Thomson Reuters Brasil Conteudo e Tecnologia Ltda, Thomson Reuters Canada Limited, Thomson Reuters Corporation Pte Limited, Thomson Reuters Deutschland GmbH, Thomson Reuters Enterprise Centre GmbH, Thomson Reuters Finance S.A., Thomson Reuters France, Thomson Reuters Global Resources Unlimited Company, Thomson Reuters Group Limited, Thomson Reuters Holdco LLC, Thomson Reuters Holdings A.G, Thomson Reuters Holdings B.V., Thomson Reuters Holdings Inc., Thomson Reuters Holdings S.A., Thomson Reuters Holdings SARL, Thomson Reuters Hong Kong Limited, Thomson Reuters India Holdings B.V., Thomson Reuters Investment Holdings Limited, Thomson Reuters Markets KK, Thomson Reuters No. 4 Inc., Thomson Reuters No. 5 LLC, Thomson Reuters No. 8 LLC, Thomson Reuters U.S. LLC, Thomson UK Limited, Vhayu Technologies, Visible Markets, Web Builder CS, West Publishing Corporation, Worldscope/Disclosure L.L.C., and m35 Limited.
Read More
This page (NYSE:TRI) was last updated on 4/16/2024 by MarketBeat.com Staff

From Our Partners