S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
How major US stock indexes fared Thursday, 3/28/2024
MillerKnoll, Chemours fall; Verint Systems, RH rise, Thursday, 3/28/2024
Mark Zuckerberg Says This CEO Is the 'Taylor Swift of Tech'
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
How major US stock indexes fared Thursday, 3/28/2024
MillerKnoll, Chemours fall; Verint Systems, RH rise, Thursday, 3/28/2024
Mark Zuckerberg Says This CEO Is the 'Taylor Swift of Tech'
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
How major US stock indexes fared Thursday, 3/28/2024
MillerKnoll, Chemours fall; Verint Systems, RH rise, Thursday, 3/28/2024
Mark Zuckerberg Says This CEO Is the 'Taylor Swift of Tech'
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
How major US stock indexes fared Thursday, 3/28/2024
MillerKnoll, Chemours fall; Verint Systems, RH rise, Thursday, 3/28/2024
Mark Zuckerberg Says This CEO Is the 'Taylor Swift of Tech'
TSE:TRI

Thomson Reuters (TRI) Stock Price, News & Analysis

C$210.80
-0.87 (-0.41%)
(As of 03/28/2024 ET)
Today's Range
C$209.75
C$213.66
50-Day Range
C$199.61
C$216.26
52-Week Range
C$159.25
C$217.83
Volume
608,065 shs
Average Volume
259,219 shs
Market Capitalization
C$95.15 billion
P/E Ratio
27.20
Dividend Yield
1.38%
Price Target
C$181.78

Thomson Reuters MarketRank™ Stock Analysis

Analyst Rating
Hold
2.14 Rating Score
Upside/​Downside
13.8% Downside
C$181.78 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.07mentions of Thomson Reuters in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
C$839,955 Sold Last Quarter
Proj. Earnings Growth
N/A

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.

1.95 out of 5 stars

TRI stock logo

About Thomson Reuters Stock (TSE: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

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Thomson Reuters Buys Sweden's Pagero In $800 Mln Deal
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Thomson Reuters to host Investor Day in New York
Thomson Reuters Corporation Q4 Profit Increases, beats estimates
See More Headlines
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Company Calendar

Last Earnings
2/08/2024
Ex-Dividend for 3/8 Dividend
2/20/2024
Dividend Payable
3/08/2024
Today
3/29/2024
Next Earnings (Confirmed)
5/02/2024

Industry, Sector and Symbol

Industry
Specialty Business Services
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
25,600
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$181.78
High Stock Price Target
C$225.00
Low Stock Price Target
C$146.00
Potential Upside/Downside
-13.8%
Consensus Rating
Hold
Rating Score (0-4)
2.14
Research Coverage
7 Analysts

Profitability

Net Income
C$2.64 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$6.79 billion
Cash Flow
C$2.34 per share
Book Value
C$24.18 per share

Miscellaneous

Free Float
N/A
Market Cap
C$95.15 billion
Optionable
Not Optionable
Beta
0.40
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Key Executives

  • Mr. Stephen John Hasker B.Com. (Age 54)
    M.B.A., President, CEO & Director
    Comp: $5.55M
  • Mr. Michael Eastwood (Age 57)
    Chief Financial Officer
    Comp: $2.56M
  • Ms. Kirsty Roth (Age 48)
    Chief Operations & Technology Officer
    Comp: $2.45M
  • Mr. David Wong (Age 39)
    Chief Product Officer
    Comp: $2.2M
  • 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: $629.74k
  • 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 recently acquired World Business Media Limited, expanding its reach in the insurance and reinsurance market, which can lead to increased revenue streams and market presence.
  • Thomson Reuters operates in multiple segments such as Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print, providing diversified revenue sources and reducing dependency on a single market.
  • Thomson Reuters offers research and workflow products that cater to legal, tax, accounting, and news professionals, tapping into various industries and serving a wide customer base.
  • Thomson Reuters has a long-standing history since its founding in 1851, indicating stability and experience in the business information services sector.
  • Thomson Reuters stock price has shown consistent growth over the past year, reflecting positive investor sentiment and potential for capital appreciation.

Cons

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

  • Thomson Reuters' acquisition of World Business Media Limited may come with integration challenges and uncertainties, impacting short-term financial performance.
  • Thomson Reuters' operations in multiple segments could lead to complexity in managing diverse business lines, potentially affecting operational efficiency and focus.
  • Thomson Reuters faces competition from other business information service providers, which may intensify in the future, putting pressure on market share and profitability.
  • Thomson Reuters' reliance on subscription-based models for some of its services may pose risks in terms of customer retention and revenue stability, especially in a competitive market environment.
  • Thomson Reuters' exposure to global economic conditions and regulatory changes could impact its financial performance and growth prospects, adding uncertainty to investment outcomes.
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 Wednesday, March 27, 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?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Thomson Reuters in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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?

7 analysts have issued twelve-month price targets for Thomson Reuters' shares. Their TRI share price targets range from C$146.00 to C$225.00. On average, they anticipate the company's share price to reach C$181.78 in the next twelve months. This suggests that the stock has a possible downside of 13.8%.
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 C$193.73 at the beginning of 2024. Since then, TRI shares have increased by 8.8% and is now trading at C$210.80.
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 were Thomson Reuters' earnings last quarter?

Thomson Reuters Co. (TSE:TRI) posted its quarterly earnings data on Thursday, February, 8th. The company reported $1.34 earnings per share for the quarter, topping analysts' consensus estimates of $1.25 by $0.09. The business had revenue of $2.47 billion for the quarter, compared to analysts' expectations of $2.52 billion. Thomson Reuters had a trailing twelve-month return on equity of 23.06% and a net margin of 39.67%.

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

Thomson Reuters announced a quarterly dividend on Thursday, February 8th. Investors 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 1.02%. The ex-dividend date of this dividend is Tuesday, February 20th.
Read our dividend analysis for TRI
.

Is Thomson Reuters a good dividend stock?

Thomson Reuters (TSE:TRI) pays an annual dividend of C$2.91 per share and currently has a dividend yield of 1.38%. The dividend payout ratio is 37.55%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for TRI.

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 Toronto-Dominion Bank (TD), Bank of Nova Scotia (BNS), BCE (BCE), Enbridge (ENB), Royal Bank of Canada (RY), Canadian Imperial Bank of Commerce (CM), Manulife Financial (MFC), National Bank of Canada (NA), Suncor Energy (SU) and AT&T (T).

How do I buy shares of Thomson Reuters?

Shares of TRI stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:TRI) was last updated on 3/29/2024 by MarketBeat.com Staff

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