T Rowe Price Group Inc
General ticker "TROW" information:
- Sector: Financials
- Industry: Capital Markets
- Capitalization: $26.9B
T Rowe Price Group Inc follows the US Stock Market performance with the rate: 50.5%.
Estimated limits based on current volatility of 1.7%: low 112.49$, high 116.34$
Factors to consider:
- Company included in S&P500 list
- Company pays dividends: last record date 2024-12-13, amount 1.24$ (Y4.27%)
- Price in estimated range
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [102.15$, 142.41$]
- 2024-12-30 to 2025-12-30 estimated range: [113.05$, 155.52$]
Financial Metrics affecting the TROW estimates:
- Positive: Non-GAAP EPS, $ of 7.60 > 2.29
- Positive: Inventory ratio change, % of -26.33 <= -1.03
- Positive: Industry earnings per price (median), % of 7.04 > 5.96
- Positive: Operating profit margin, % of 30.74 > 19.51
- Positive: 3.85 < Industry operating cash flow per share per price (median), % of 5.52
- Positive: 2.35 < Operating cash flow per share per price, % of 5.29
Short-term TROW quotes
Long-term TROW plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $7,671.90MM | $6,488.40MM | $6,460.50MM |
| Operating Expenses | $3,961.90MM | $4,114.70MM | $4,474.30MM |
| Operating Income | $3,710.00MM | $2,373.70MM | $1,986.20MM |
| Non-Operating Income | $284.60MM | $-425.50MM | $504.10MM |
| Interest Expense | $0.00MM | $0.00MM | $4,190.70MM |
| R&D Expense | $0.00MM | $0.00MM | $0.00MM |
| Income(Loss) | $3,994.60MM | $1,948.20MM | $2,490.30MM |
| Taxes | $896.10MM | $498.60MM | $654.60MM |
| Profit(Loss) | $3,098.50MM | $1,449.60MM | $1,835.70MM |
| Stockholders Equity | $9,022.70MM | $8,839.50MM | $9,505.10MM |
| Inventory | $2,112.90MM | $2,319.20MM | $0.00MM |
| Assets | $12,509.00MM | $11,643.30MM | $12,278.80MM |
| Operating Cash Flow | $3,452.00MM | $2,359.40MM | $1,219.10MM |
| Capital expenditure | $239.10MM | $237.60MM | $307.90MM |
| Investing Cash Flow | $-1,098.10MM | $-41.50MM | $128.20MM |
| Financing Cash Flow | $-2,988.80MM | $-2,076.90MM | $-1,078.60MM |
| Earnings Per Share* | $13.25 | $6.73 | $7.78 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.