National Bank Financial Weighs in on Thomson Reuters Co.’s FY2025 Earnings (NYSE:TRI)

Thomson Reuters Co. (NYSE:TRI) (TSE:TRI) – Research analysts at National Bank Financial increased their FY2025 earnings per share estimates for shares of Thomson Reuters in a report issued on Monday, April 22nd. National Bank Financial analyst A. Shine now forecasts that the business services provider will earn $4.07 per share for the year, up from their prior forecast of $4.06. National Bank Financial currently has a “Sector Perform” rating on the stock. The consensus estimate for Thomson Reuters’ current full-year earnings is $3.58 per share.

A number of other research firms also recently weighed in on TRI. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $153.00 price target on shares of Thomson Reuters in a research report on Wednesday, March 13th. CIBC upped their price target on Thomson Reuters from $146.00 to $152.00 and gave the stock a “neutral” rating in a research report on Thursday, March 14th. Scotiabank upped their price target on Thomson Reuters from $142.00 to $159.00 and gave the stock a “sector perform” rating in a research report on Friday, February 9th. TD Securities upped their price target on Thomson Reuters from $210.00 to $225.00 and gave the stock a “hold” rating in a research report on Wednesday, March 13th. Finally, Barclays raised Thomson Reuters from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $150.00 to $180.00 in a research report on Thursday, March 14th. Ten research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $157.42.

Thomson Reuters Price Performance

NYSE TRI opened at $152.57 on Thursday. The business has a 50 day simple moving average of $155.64 and a 200 day simple moving average of $145.15. Thomson Reuters has a 52-week low of $117.46 and a 52-week high of $161.57. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.90 and a current ratio of 0.90. The stock has a market cap of $68.87 billion, a price-to-earnings ratio of 26.13, a PEG ratio of 4.00 and a beta of 0.65.

Thomson Reuters (NYSE:TRI) (TSE:TRI) last announced its quarterly earnings results on Thursday, February 8th. The business services provider reported $0.98 EPS for the quarter, beating analysts’ consensus estimates of $0.92 by $0.06. Thomson Reuters had a return on equity of 14.01% and a net margin of 39.67%. The company had revenue of $1.82 billion during the quarter, compared to analysts’ expectations of $1.82 billion. During the same period in the prior year, the business posted $0.76 EPS. Thomson Reuters’s revenue was up 2.8% on a year-over-year basis.

Thomson Reuters Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 8th. Stockholders of record on Wednesday, February 21st were issued a $0.54 dividend. This represents a $2.16 annualized dividend and a dividend yield of 1.42%. The ex-dividend date was Tuesday, February 20th. This is an increase from Thomson Reuters’s previous quarterly dividend of $0.49. Thomson Reuters’s dividend payout ratio is presently 36.99%.

Institutional Investors Weigh In On Thomson Reuters

Several large investors have recently made changes to their positions in the stock. Assenagon Asset Management S.A. lifted its holdings in Thomson Reuters by 1.8% during the 1st quarter. Assenagon Asset Management S.A. now owns 3,990 shares of the business services provider’s stock valued at $622,000 after purchasing an additional 70 shares during the last quarter. Fifth Third Bancorp lifted its holdings in Thomson Reuters by 25.7% during the 4th quarter. Fifth Third Bancorp now owns 382 shares of the business services provider’s stock valued at $56,000 after purchasing an additional 78 shares during the last quarter. Legacy Wealth Asset Management LLC lifted its holdings in Thomson Reuters by 0.7% during the 4th quarter. Legacy Wealth Asset Management LLC now owns 12,685 shares of the business services provider’s stock valued at $1,855,000 after purchasing an additional 82 shares during the last quarter. Gulf International Bank UK Ltd lifted its holdings in Thomson Reuters by 5.8% during the 1st quarter. Gulf International Bank UK Ltd now owns 1,541 shares of the business services provider’s stock valued at $239,000 after purchasing an additional 85 shares during the last quarter. Finally, Advisor OS LLC lifted its holdings in Thomson Reuters by 5.2% during the 3rd quarter. Advisor OS LLC now owns 1,730 shares of the business services provider’s stock valued at $212,000 after purchasing an additional 86 shares during the last quarter. Institutional investors and hedge funds own 17.31% of the company’s stock.

About Thomson Reuters

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.