Should I buy or sell T. Rowe Price Group stock right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for T. Rowe Price Group in the last year. There are currently 4 sell ratings and 5 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" TROW shares. View TROW analyst ratings or view top-rated stocks .

What is T. Rowe Price Group's stock price target for 2024?

9 brokers have issued 12-month price targets for T. Rowe Price Group's stock. Their TROW share price targets range from $100.00 to $125.00. On average, they anticipate the company's stock price to reach $112.67 in the next year. This suggests a possible upside of 3.6% from the stock's current price. View analysts price targets for TROW or view top-rated stocks among Wall Street analysts .

How have TROW shares performed in 2024?

T. Rowe Price Group's stock was trading at $107.69 at the beginning of 2024. Since then, TROW shares have increased by 1.0% and is now trading at $108.72. View the best growth stocks for 2024 here .

When is T. Rowe Price Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, April 26th 2024. View our TROW earnings forecast .

How can I listen to T. Rowe Price Group's earnings call?

T. Rowe Price Group will be holding an earnings conference call on Friday, April 26th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link .

How were T. Rowe Price Group's earnings last quarter?

T. Rowe Price Group, Inc. (NASDAQ:TROW) released its quarterly earnings data on Thursday, February, 8th. The asset manager reported $1.72 EPS for the quarter, beating the consensus estimate of $1.60 by $0.12. The asset manager had revenue of $1.64 billion for the quarter, compared to analysts' expectations of $1.63 billion. T. Rowe Price Group had a net margin of 27.69% and a trailing twelve-month return on equity of 18.41%. T. Rowe Price Group's revenue for the quarter was up 6.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.74 EPS. Read the conference call transcript .

How often does T. Rowe Price Group pay dividends? What is the dividend yield for T. Rowe Price Group?

T. Rowe Price Group announced a quarterly dividend on Tuesday, January 30th. Shareholders of record on Friday, March 15th will be given a dividend of $1.24 per share on Thursday, March 28th. This represents a $4.96 annualized dividend and a dividend yield of 4.56%. The ex-dividend date of this dividend is Thursday, March 14th. This is a positive change from the stock's previous quarterly dividend of $1.22. Read our dividend analysis for TROW .

Is T. Rowe Price Group a good dividend stock?

T. Rowe Price Group (NASDAQ:TROW) pays an annual dividend of $4.96 per share and currently has a dividend yield of 4.42%. TROW has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 38 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 63.92%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TROW will have a dividend payout ratio of 59.05% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for TROW .

What ETFs hold T. Rowe Price Group's stock?

ETFs with the largest weight of T. Rowe Price Group (NASDAQ:TROW) stock in their portfolio include Xtrackers S&P ESG Dividend Aristocrats ETF (SNPD) , Gabelli Financial Services Opportunities ETF (GABF) , John Hancock U.S. High Dividend ETF (JHDV) , Global X S&P 500 Quality Dividend ETF (QDIV) , SPDR S&P Dividend ETF (SDY) , SPDR S&P Capital Markets ETF (KCE) , ProShares Russell US Dividend Growers ETF (TMDV) and KFA Value Line Dynamic Core Equity Index ETF (KVLE) .

What is William J. Stromberg's approval rating as T. Rowe Price Group's CEO?

239 employees have rated T. Rowe Price Group Chief Executive Officer William J. Stromberg on Glassdoor.com . William J. Stromberg has an approval rating of 91% among the company's employees. This puts William J. Stromberg in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of T. Rowe Price Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other T. Rowe Price Group investors own include AT&T (T) , Johnson & Johnson (JNJ) , AbbVie (ABBV) , Intel (INTC) , Exxon Mobil (XOM) , Cisco Systems (CSCO) , PepsiCo (PEP) , Verizon Communications (VZ) , Walmart (WMT) and Home Depot (HD) .

Who are T. Rowe Price Group's major shareholders?

T. Rowe Price Group's stock is owned by a variety of retail and institutional investors. Top institutional investors include Confluence Investment Management LLC (0.48%), Los Angeles Capital Management LLC (0.14%), Grimes & Company Inc. (0.08%), CWM LLC (0.07%), Congress Asset Management Co. MA (0.06%) and Wealth Enhancement Advisory Services LLC (0.06%). Insiders that own company stock include Andrew C Mccormick , Andrew Justin Mackenzi Thomson , Freeman A Hrabowski III, Jessica M Hiebler , Mary K Bush , Robert CT Higginbotham , Sebastien Page and William J Stromberg . View institutional ownership trends .

How do I buy shares of T. Rowe Price Group?

Shares of TROW 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 T. Rowe Price Group have any subsidiaries?

The following companies are subsidiares of T. Rowe Price Group: OHA (UK) LLP, Oak Hill Advisors, Oak Hill Advisors (Australia) Pty Ltd, Oak Hill Advisors (Europe) LLP, Oak Hill Advisors (Hong Kong) Limited, Oak Hill Advisors (U.K. Services) Limited, Oak Hill Advisors L.P., Oak Hill Advisors Sarl Luxembourg, T. Rowe Price (Canada) Inc., T. Rowe Price (Luxembourg) Management Sarl, T. Rowe Price (Switzerland) GmbH, T. Rowe Price Advisory Services Inc., T. Rowe Price Associates Inc., T. Rowe Price Australia Ltd., T. Rowe Price Exchange-Traded Funds Inc., T. Rowe Price Funds SICAV, T. Rowe Price Global Funds Inc., T. Rowe Price Hong Kong Limited, T. Rowe Price International Funds Inc., T. Rowe Price International Ltd, T. Rowe Price Investment Consulting (Shanghai) Co. Ltd., T. Rowe Price Investment Management Inc., T. Rowe Price Investment Services Inc., T. Rowe Price Japan Inc., T. Rowe Price Multi-Sector Account Portfolios Inc., T. Rowe Price Retirement Funds Inc., T. Rowe Price Retirement Plan Services Inc., T. Rowe Price Services Inc., T. Rowe Price Singapore Private Ltd., T. Rowe Price Trust Company, T. Rowe Price UK Ltd., TRP Colorado Springs LLC, TRP Office Florida LLC, TRP Suburban Inc., TRP Suburban Second Inc., and TRPH Corporation. Read More

NASDAQ:TROW

T. Rowe Price Group (TROW) Stock Price, News & Analysis

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$108.72

-2.67 (-2.40%)

(As of 05:17 PM ET)

Compare

Today's Range: $108.27
▼
$111.75
50-Day Range: $104.74
▼
$121.92
52-Week Range: $87.43
▼
$132.76

Volume: 2.48 million shs
Average Volume: 1.41 million shs
Market Capitalization: $24.31 billion

P/E Ratio: 14.01
Dividend Yield: 4.56%
Price Target: $110.56

Get T. Rowe Price Group alerts:

T. Rowe Price Group MarketRank™ Stock Analysis

Analyst Rating: Reduce
1.56 Rating Score
Upside/Downside: 3.6% Upside
$112.67 Price Target
Short Interest: Bearish
5.20% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -0.68
Upright™ Environmental Score
News Sentiment: 0.95
Based on 27 Articles This Week
Insider Trading: Selling Shares
$1.16 M Sold Last Quarter
Proj. Earnings Growth: 3.32%
From $8.13 to $8.40 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.

4.29 out of 5 stars

Finance Sector

237th out of 826 stocks

Security & Commodity Brokers, Dealers, Exchanges & Services Industry

5th out of 9 stocks

1.8

Analyst's Opinion

Consensus Rating
T. Rowe Price Group has received a consensus rating of Reduce. The company's average rating score is 1.56, and is based on no buy ratings, 5 hold ratings, and 4 sell ratings.
Amount of Analyst Coverage
T. Rowe Price Group has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0

Short Interest

Percentage of Shares Shorted
5.20% of the float of T. Rowe Price Group has been sold short.
Short Interest Ratio / Days to Cover
T. Rowe Price Group has a short interest ratio ("days to cover") of 8.2.
Change versus previous month
Short interest in T. Rowe Price Group has recently decreased by 4.78%, indicating that investor sentiment is improving.

5.0

Dividend Strength

Dividend Leadership
T. Rowe Price Group is a leading dividend payer. It pays a dividend yield of 4.42%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
T. Rowe Price Group has been increasing its dividend for 38 years.
Dividend Coverage
The dividend payout ratio of T. Rowe Price Group is 63.92%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, T. Rowe Price Group will have a dividend payout ratio of 59.05% next year. This indicates that T. Rowe Price Group will be able to sustain or increase its dividend.

3.2

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
T. Rowe Price Group has received a 34.36% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Pension funding services", "Life annuities", and "Real estate funds" products. See details.
Environmental Sustainability
The Environmental Impact score for T. Rowe Price Group is -0.68.

2.8

News and Social Media Coverage

News Sentiment
T. Rowe Price Group has a news sentiment score of 0.95. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 27 news articles for T. Rowe Price Group this week, compared to 9 articles on an average week.
Search Interest
Only 21 people have searched for TROW on MarketBeat in the last 30 days. This is a decrease of -19% compared to the previous 30 days.
MarketBeat Follows
Only 14 people have added T. Rowe Price Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -7% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, T. Rowe Price Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,156,031.00 in company stock.
Percentage Held by Insiders
Only 2.00% of the stock of T. Rowe Price Group is held by insiders.
Percentage Held by Institutions
73.39% of the stock of T. Rowe Price Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for T. Rowe Price Group are expected to grow by 3.32% in the coming year, from $8.13 to $8.40 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of T. Rowe Price Group is 14.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.70.
Price to Earnings Ratio vs. Sector
The P/E ratio of T. Rowe Price Group is 14.01, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 59.74.
Price to Earnings Growth Ratio
T. Rowe Price Group has a PEG Ratio of 2.16. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
T. Rowe Price Group has a P/B Ratio of 2.50. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About T. Rowe Price Group Stock (NASDAQ:TROW)

T. Rowe Price Group, Inc. is a publicly owned investment manager. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. It launches and manages equity and fixed income mutual funds. The firm invests in the public equity and fixed income markets across the globe. It employs fundamental and quantitative analysis with a bottom-up approach. The firm utilizes in-house and external research to make its investments. It employs socially responsible investing with a focus on environmental, social, and governance issues. It makes investment in late-stage venture capital transactions and usually invests between $3 million and $5 million. The firm was previously known as T. Rowe Group, Inc. and T. Rowe Price Associates, Inc. T. 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, Shanghai, China; Germany, Madrid, Spain, Milan, Italy, Stockholm, Sweden, Melbourne, Australia, Amsterdam, Netherlands and Washington, DC.

TROW Stock Price History

30 days | 90 days | 365 days | Advanced Chart

TROW Stock News Headlines

April 17, 2024 | americanbankingnews.com

T. Rowe Price Group (NASDAQ:TROW) Price Target Raised to $103.00 at JPMorgan Chase & Co.

April 17, 2024 | finance.yahoo.com

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April 18, 2024 | Darwin (Ad)

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April 15, 2024 | finance.yahoo.com

OHA is Administrative Agent & Lead Left Arranger for Acentra Health’s Private Refinancing

April 15, 2024 | globenewswire.com

OHA is Administrative Agent & Lead Left Arranger for Acentra Health's Private Refinancing

April 15, 2024 | finance.yahoo.com

With 74% institutional ownership, T. Rowe Price Group, Inc. (NASDAQ:TROW) is a favorite amongst the big guns

April 15, 2024 | americanbankingnews.com

Brokers Offer Predictions for T. Rowe Price Group, Inc.'s FY2025 Earnings (NASDAQ:TROW)

April 14, 2024 | americanbankingnews.com

T. Rowe Price Group (NASDAQ:TROW) Price Target Raised to $109.00 at UBS Group

April 18, 2024 | Darwin (Ad)

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April 13, 2024 | americanbankingnews.com

Keefe, Bruyette & Woods Upgrades T. Rowe Price Group (NASDAQ:TROW) to "Market Perform"

April 13, 2024 | americanbankingnews.com

Q1 2024 Earnings Forecast for T. Rowe Price Group, Inc. Issued By Zacks Research (NASDAQ:TROW)

April 12, 2024 | cnn.com

T. Rowe Price Group

April 11, 2024 | markets.businessinsider.com

KBW Sticks to Its Sell Rating for T Rowe Price (TROW)

April 10, 2024 | finance.yahoo.com

T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR MARCH 2024

April 9, 2024 | americanbankingnews.com

T. Rowe Price Group (NASDAQ:TROW) Lifted to "Hold" at TD Cowen

April 8, 2024 | msn.com

T. Rowe Price upped, Virtus Investment downgraded at TD Cowen

April 8, 2024 | prnewswire.com

T. ROWE PRICE: 401(K) ACCOUNT BALANCES SOARED IN 2023, ESPECIALLY AMONG YOUNGER RETIREMENT SAVERS

April 3, 2024 | bloomberg.com

T. Rowe Price Dramatically Neutral on Stocks, Bonds: CIO

April 2, 2024 | finance.yahoo.com

OHA is a Joint Lead Arranger of the Private Unitranche Financing for HGGC’s Acquisition of Rimkus Consulting Group

April 2, 2024 | globenewswire.com

OHA is a Joint Lead Arranger of the Private Unitranche Financing for HGGC's Acquisition of Rimkus Consulting Group

March 30, 2024 | seekingalpha.com

T. Rowe Price: Looming Interest Rate Cuts Will Turnaround Assets Under Management

March 29, 2024 | msn.com

Deutsche Bank files for mixed securities shelf

March 29, 2024 | finance.yahoo.com

3 Dividend Aristocrat Stocks to Retire a Millionaire

March 27, 2024 | seekingalpha.com

T. Rowe Price: Mixed Signals (Technical Analysis)

March 25, 2024 | money.usnews.com

T. Rowe Price Group Inc.

March 21, 2024 | finance.yahoo.com

OHA is the Left Lead Arranger of STV’s Private Unitranche Financing

March 21, 2024 | globenewswire.com

OHA is the Left Lead Arranger of STV's Private Unitranche Financing

See More Headlines

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Company Calendar

Last Earnings: 2/08/2024
Ex-Dividend for 3/28 Dividend: 3/14/2024
Dividend Payable: 3/28/2024
Today: 4/18/2024
Next Earnings (Confirmed): 4/26/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: Security & commodity brokers, dealers, exchanges & services
Sub-Industry: Asset Management & Custody Banks
Current Symbol: NASDAQ:TROW
CUSIP: 74144T10
CIK: 1113169
Web: www.troweprice.com
Phone: (410) 345-2000
Fax: 410-345-2394
Employees: 7,906
Year Founded: 1937

Price Target and Rating

Average Stock Price Target: $112.67
High Stock Price Target: $125.00
Low Stock Price Target: $100.00
Potential Upside/Downside: +1.2%
Consensus Rating: Reduce
Rating Score (0-4): 1.56
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): $7.76
Trailing P/E Ratio: 14.08
Forward P/E Ratio: 13.44
P/E Growth: 2.16
Net Income: $1.79 billion
Net Margins: 27.69%
Pretax Margin: 38.55%
Return on Equity: 18.41%
Return on Assets: 14.11%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 4.01
Quick Ratio: 4.01

Sales & Book Value

Annual Sales: $6.46 billion
Price / Sales: 3.78
Cash Flow: $9.75 per share
Price / Cash Flow: 11.21
Book Value: $43.46 per share
Price / Book: 2.51

Miscellaneous

Outstanding Shares: 223,640,000
Free Float: 219,171,000
Market Cap: $24.44 billion
Optionable: Optionable
Beta: 1.40

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Key Executives

Mr. Robert W. Sharps C.F.A. (Age 53)
CPA, President, CEO & Director
Comp: $7.74M
Ms. Jennifer Benson Dardis (Age 50)
VP, CFO & Treasurer
Comp: $2.62M
Mr. Eric Lanoue Veiel C.F.A. (Age 52)
Head of Global Investments & CIO
Comp: $5.94M
Mr. Justin Thomson (Age 56)
VP, Head of International Equity & CIO for International Equities
Comp: $5.44M
Ms. Kimberly H. Johnson (Age 51)
VP & COO
Mr. Sébastien Page C.F.A. (Age 47)
VP, Head of Global Multi-Asset & CIO
Ms. Jessica M. Hiebler (Age 48)
Principal Accounting Officer, Controller & VP
Ms. Linsley Carruth
Director of Investor Relations
Mr. David S. Oestreicher Esq. (Age 57)
J.D., VP & General Counsel
Mr. Edward F. Giltenan
Head of Global Public Relations & VP

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

Should I Buy T. Rowe Price Group Stock? TROW Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in T. Rowe Price Group, Inc.:

T. Rowe Price Group has a strong track record of providing investment management services to a diverse range of clients, including individuals, institutions, and retirement plans.
The firm's focus on socially responsible investing, particularly in environmental, social, and governance issues, aligns with the growing trend towards sustainable investing, which could attract more investors.
T. Rowe Price Group's global presence allows for diversified investments in public equity and fixed income markets worldwide, potentially reducing risk through geographic diversification.
Recent analyst ratings and price targets suggest potential upside in the stock, indicating a positive outlook from some market experts.
The company's expertise in late-stage venture capital transactions could offer opportunities for high returns on investments.

Cons

Investors should be bearish about investing in T. Rowe Price Group, Inc. for these reasons:

Several analysts have issued sell and hold ratings on the stock, indicating concerns about the company's performance or valuation.
The consensus price target suggests a potential downside from the current stock price, which could imply limited short-term growth prospects.
Market conditions and economic uncertainties may impact the firm's investment strategies and performance, leading to fluctuations in returns for investors.
Competitive pressures in the asset management industry could affect T. Rowe Price Group's market share and profitability, posing challenges for sustained growth.
Regulatory changes or shifts in investor preferences towards other asset classes could impact the firm's revenue and profitability in the future.

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 Friday, April 12, 2024. Please send any questions or comments about these T. Rowe Price Group pros and cons to contact@marketbeat.com.

TROW Stock Analysis - Frequently Asked Questions

Should I buy or sell T. Rowe Price Group stock right now?: 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for T. Rowe Price Group in the last year. There are currently 4 sell ratings and 5 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" TROW shares.
View TROW analyst ratings or view top-rated stocks.
What is T. Rowe Price Group's stock price target for 2024?: 9 brokers have issued 12-month price targets for T. Rowe Price Group's stock. Their TROW share price targets range from $100.00 to $125.00. On average, they anticipate the company's stock price to reach $112.67 in the next year. This suggests a possible upside of 3.6% from the stock's current price.
View analysts price targets for TROW or view top-rated stocks among Wall Street analysts.
How have TROW shares performed in 2024?: T. Rowe Price Group's stock was trading at $107.69 at the beginning of 2024. Since then, TROW shares have increased by 1.0% and is now trading at $108.72.
View the best growth stocks for 2024 here.
When is T. Rowe Price Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, April 26th 2024.
View our TROW earnings forecast.
How can I listen to T. Rowe Price Group's earnings call?: T. Rowe Price Group will be holding an earnings conference call on Friday, April 26th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.
How were T. Rowe Price Group's earnings last quarter?: T. Rowe Price Group, Inc. (NASDAQ:TROW) released its quarterly earnings data on Thursday, February, 8th. The asset manager reported $1.72 EPS for the quarter, beating the consensus estimate of $1.60 by $0.12. The asset manager had revenue of $1.64 billion for the quarter, compared to analysts' expectations of $1.63 billion. T. Rowe Price Group had a net margin of 27.69% and a trailing twelve-month return on equity of 18.41%. T. Rowe Price Group's revenue for the quarter was up 6.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.74 EPS.
Read the conference call transcript.
How often does T. Rowe Price Group pay dividends? What is the dividend yield for T. Rowe Price Group?: T. Rowe Price Group announced a quarterly dividend on Tuesday, January 30th. Shareholders of record on Friday, March 15th will be given a dividend of $1.24 per share on Thursday, March 28th. This represents a $4.96 annualized dividend and a dividend yield of 4.56%. The ex-dividend date of this dividend is Thursday, March 14th. This is a positive change from the stock's previous quarterly dividend of $1.22.
Read our dividend analysis for TROW.
Is T. Rowe Price Group a good dividend stock?: T. Rowe Price Group (NASDAQ:TROW) pays an annual dividend of $4.96 per share and currently has a dividend yield of 4.42%. TROW has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 38 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 63.92%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TROW will have a dividend payout ratio of 59.05% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TROW.

What ETFs hold T. Rowe Price Group's stock?: ETFs with the largest weight of T. Rowe Price Group (NASDAQ:TROW) stock in their portfolio include Xtrackers S&P ESG Dividend Aristocrats ETF (SNPD), Gabelli Financial Services Opportunities ETF (GABF), John Hancock U.S. High Dividend ETF (JHDV), Global X S&P 500 Quality Dividend ETF (QDIV), SPDR S&P Dividend ETF (SDY), SPDR S&P Capital Markets ETF (KCE), ProShares Russell US Dividend Growers ETF (TMDV) and KFA Value Line Dynamic Core Equity Index ETF (KVLE).
What is William J. Stromberg's approval rating as T. Rowe Price Group's CEO?: 239 employees have rated T. Rowe Price Group Chief Executive Officer William J. Stromberg on Glassdoor.com. William J. Stromberg has an approval rating of 91% among the company's employees. This puts William J. Stromberg in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of T. Rowe Price Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other T. Rowe Price Group investors own include AT&T (T), Johnson & Johnson (JNJ), AbbVie (ABBV), Intel (INTC), Exxon Mobil (XOM), Cisco Systems (CSCO), PepsiCo (PEP), Verizon Communications (VZ), Walmart (WMT) and Home Depot (HD).
Who are T. Rowe Price Group's major shareholders?: T. Rowe Price Group's stock is owned by a variety of retail and institutional investors. Top institutional investors include Confluence Investment Management LLC (0.48%), Los Angeles Capital Management LLC (0.14%), Grimes & Company Inc. (0.08%), CWM LLC (0.07%), Congress Asset Management Co. MA (0.06%) and Wealth Enhancement Advisory Services LLC (0.06%). Insiders that own company stock include Andrew C Mccormick, Andrew Justin Mackenzi Thomson, Freeman A Hrabowski III, Jessica M Hiebler, Mary K Bush, Robert CT Higginbotham, Sebastien Page and William J Stromberg.
View institutional ownership trends.
How do I buy shares of T. Rowe Price Group?: Shares of TROW 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 T. Rowe Price Group have any subsidiaries?: The following companies are subsidiares of T. Rowe Price Group: OHA (UK) LLP, Oak Hill Advisors, Oak Hill Advisors (Australia) Pty Ltd, Oak Hill Advisors (Europe) LLP, Oak Hill Advisors (Hong Kong) Limited, Oak Hill Advisors (U.K. Services) Limited, Oak Hill Advisors L.P., Oak Hill Advisors Sarl Luxembourg, T. Rowe Price (Canada) Inc., T. Rowe Price (Luxembourg) Management Sarl, T. Rowe Price (Switzerland) GmbH, T. Rowe Price Advisory Services Inc., T. Rowe Price Associates Inc., T. Rowe Price Australia Ltd., T. Rowe Price Exchange-Traded Funds Inc., T. Rowe Price Funds SICAV, T. Rowe Price Global Funds Inc., T. Rowe Price Hong Kong Limited, T. Rowe Price International Funds Inc., T. Rowe Price International Ltd, T. Rowe Price Investment Consulting (Shanghai) Co. Ltd., T. Rowe Price Investment Management Inc., T. Rowe Price Investment Services Inc., T. Rowe Price Japan Inc., T. Rowe Price Multi-Sector Account Portfolios Inc., T. Rowe Price Retirement Funds Inc., T. Rowe Price Retirement Plan Services Inc., T. Rowe Price Services Inc., T. Rowe Price Singapore Private Ltd., T. Rowe Price Trust Company, T. Rowe Price UK Ltd., TRP Colorado Springs LLC, TRP Office Florida LLC, TRP Suburban Inc., TRP Suburban Second Inc., and TRPH Corporation.
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This page (NASDAQ:TROW) was last updated on 4/18/2024 by MarketBeat.com Staff

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