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NYSE:TRI

Thomson Reuters (TRI) Stock Price, News & Analysis

$155.83
-0.12 (-0.08%)
(As of 04:38 PM ET)
Today's Range
$154.97
$157.68
50-Day Range
$147.88
$160.29
52-Week Range
$117.46
$161.57
Volume
449,716 shs
Average Volume
311,602 shs
Market Capitalization
$70.34 billion
P/E Ratio
26.69
Dividend Yield
1.39%
Price Target
$156.85

Thomson Reuters MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
0.7% Upside
$156.85 Price Target
Short Interest
Bearish
1.42% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.33
Upright™ Environmental Score
News Sentiment
1.01mentions of Thomson Reuters in the last 14 days
Based on 6 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.

4.36 out of 5 stars

Business Services Sector

33rd 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-enabled technology solutions for legal, tax, regulatory, compliance, and IT professionals. 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 to legal and tax professionals, governments, law schools, and corporations. 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

Buy Friday, Sell Monday, No Exceptions
Every week traders grind it out Monday through Friday… But neglect trading Friday to Monday… Or… “over the weekend” As one professional trader explains, trading over the weekend is one of the most forgiving strategies you can use today. It allows him to sidestep a lot of the midweek volatility. Yet, gives him the opportunity to target some of the markets biggest stock moves. Just recently, he posted a trade on Nordstrom… The trade was published at 3pm on a Friday afternoon and by Monday morning the trade more than doubled.
TRI Apr 2024 160.000 put
Thomson Reuters Corp. Pfd. B Series 2
Thomson Reuters
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Thomson Reuters Files 2023 Annual Report
WENDEL: 2023 Full-Year Results
Thomson Reuters Corp TRI
Thomson Reuters to host Investor Day in New York
Thomson Reuters price target raised by $12 at UBS, here's why
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
3/28/2024
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
$156.85
High Stock Price Target
$225.00
Low Stock Price Target
$115.00
Potential Upside/Downside
+1.0%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
12 Analysts

Profitability

Net Income
$2.70 billion
Pretax Margin
29.26%

Debt

Sales & Book Value

Annual Sales
$6.79 billion
Cash Flow
$5.21 per share
Book Value
$24.43 per share

Miscellaneous

Free Float
N/A
Market Cap
$70.11 billion
Optionable
Optionable
Beta
0.66

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

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Thomson Reuters was last updated on Tuesday, March 26, 2024 at 10:25 PM.

Pros

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

  • Thomson Reuters reported a strong quarterly earnings result, beating analyst estimates by $0.06 per share, indicating a positive financial performance.
  • The company has a healthy revenue growth rate of 2.8% compared to the same quarter last year, showcasing a positive trend in its business operations.
  • Thomson Reuters has a solid net margin of 39.67%, reflecting efficient cost management and profitability.
  • The stock price of Thomson Reuters has been relatively stable, with a 50-day moving average of $151.08 and a 200-day moving average of $137.88, providing a consistent investment opportunity.
  • Institutional investors hold a significant portion of Thomson Reuters' stock, indicating confidence in the company's future prospects.

Cons

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

  • Thomson Reuters stock has experienced a slight decline of 0.4% and 0.5% on different occasions, suggesting potential volatility in the stock price.
  • The company's price-to-earnings ratio of 26.85 and price-to-earnings-growth ratio of 4.09 may indicate that the stock is currently overvalued, posing a risk for investors.
  • Thomson Reuters' beta of 0.66 implies lower volatility compared to the market average, potentially limiting potential returns for investors seeking higher-risk investments.
  • The company's debt-to-equity ratio of 0.26 may raise concerns about its financial leverage and ability to manage debt obligations effectively.
  • While Thomson Reuters has increased its dividend, investors should consider the sustainability of this dividend payout in relation to the company's financial performance and future growth prospects.

TRI Stock Analysis - Frequently Asked Questions

Should I buy or sell Thomson Reuters stock right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Thomson Reuters in the last twelve months. There are currently 8 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street 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?

12 analysts have issued 1-year price targets for Thomson Reuters' stock. Their TRI share price targets range from $115.00 to $225.00. On average, they predict the company's stock price to reach $156.85 in the next twelve months. This suggests a possible upside of 0.7% 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 the year. Since then, TRI stock has increased by 6.6% and is now trading at $155.83.
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) announced its quarterly earnings data on Thursday, February, 8th. The business services provider reported $0.98 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.92 by $0.06. The business services provider earned $1.82 billion during the quarter, compared to the consensus estimate of $1.82 billion. Thomson Reuters had a net margin of 39.67% and a trailing twelve-month return on equity of 14.01%. The business's quarterly revenue was up 2.8% compared to the same quarter last year. During the same quarter last year, the company posted $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. Shareholders 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 annualized dividend and a yield of 1.39%. The ex-dividend date of this dividend is Tuesday, February 20th. This is an increase 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 1.39%. 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 ETF holds Thomson Reuters' stock?

Global X Future Analytics Tech ETF holds 66,142 shares of TRI stock, representing 1.30% of its portfolio.

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

Thomson Reuters issued an update on its FY 2024 earnings guidance on Thursday, February, 8th. The company provided earnings per share (EPS) 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 a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (1.26%), Vanguard Group Inc. (1.26%), FIL Ltd (1.10%), Mackenzie Financial Corp (1.02%), JARISLOWSKY FRASER Ltd (0.95%) and TD Asset Management Inc (0.83%).

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.
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This page (NYSE:TRI) was last updated on 3/28/2024 by MarketBeat.com Staff

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