• Asset Management
  • Financial Services
T. Rowe Price Group, Inc. logo
T. Rowe Price Group, Inc.
TROW · US · NASDAQ
105.35
USD
+0.51
(0.48%)
Company Overview

100 EAST PRATT STREET,BALTIMORE MD 21289-0320,4103452000

CEO

Mr. Robert W. Sharps C.F.A., CPA

Employess

7929

Sector

Financial Services

Industry

Asset Management

Website

https://www.troweprice.com

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, Germany, Madrid, Spain, Milan, Italy, Stockholm, Sweden, Melbourne, Australia, and Amsterdam, Netherlands.

Next Earnings Date

Oct. 25, 2024

Ex Dividends date

Sep. 27, 2024

Dividend Date

Sept. 13, 2024

YTD Performance

-2.37%

Fiscal Year End

12-31

IPO Date

1986-04-02

Growth Rates
(avg. rate of change) 10 years 5 years 3 years 1 year
Sales/Revenue 6.37% 3.76% 1.34% -0.43%
EPS 6.83% 0.50% -8.27% 15.60%
Equity 7.03% 9.19% 7.24% 7.53%
Cash 3.99% 7.71% -1.34% 17.71%
Return On Capital (ROIC) 22.22% 20.55% 21.65% 15.56%
Debt
year (millions) 2023 2022 2021 2020 2019
Short Term Debt 57.5 330 75.9 50.3 26.6
Long Term Debt 89.4 330 249 154 146
LT Finance Leases 251 330 249 154 146
Shares Outstanding 224 226 227 229 235
Market Cap 24,100 24,600 44,600 34,600 28,700
Price
Business Segments (Beta)
Geographical Segments (Beta)
Not available
News
4 Dividend Aristocrats To Buy In August And More To Watch
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“Dividend Aristocrats

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This is Why T. Rowe Price (TROW) is a Great Dividend Stock
1 month

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does T. Rowe Price (TROW) have what it takes?

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Here's Why T. Rowe Price (TROW) is a Strong Value Stock
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The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

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My Best Dividend Aristocrats For August 2024
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The ProShares S&P 500 Dividend Aristocrats ETF slumps to end the first half of 2024, posting a loss of 1.40% in June. I present 3 strategies that can theoretically beat the dividend aristocrat index in the long term. After 36 months of tracking these strategies, two strategies are outperforming NOBL, while 1 remains relatively close.

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Time-Tested Stocks: 3 Dividend Aristocrats With Yields Over 4%
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Stocks with long histories of dividend growth have stood the test of time. Among the most striking examples of such reliability are dividend aristocrats, a group of just 68 stocks within the S&P 500 index that have raised their dividends for at least 25 consecutive years.

investorplace.com
TROW vs. BLK: Which Stock Is the Better Value Option?
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Investors interested in stocks from the Financial - Investment Management sector have probably already heard of T. Rowe Price (TROW) and BlackRock (BLK).

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3 Must-Own Dividend Aristocrats for Reliable Income
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With the S&P 500 providing a paltry 1.32% dividend yield today, income-focused investors must be selective in their search for yield. That's where the Dividend Aristocrats come in.

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Want Decades of Passive Income? 3 Stocks to Buy Now and Hold Forever
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Bank of Nova Scotia has paid a dividend every year since 1833, and it yields 6.6%. Agree Realty has increased its dividend for roughly a decade, and its yield is 4.5%.

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24/7 Insights The Dividend Aristocrats offer some of the very passive income solutions.

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T. Rowe Price (TROW) Q2 Earnings Beat Estimates, AUM Rises Y/Y
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T. Rowe Price's (TROW) Q2 earnings benefit from higher net revenues and an improvement in the AUM balance. A rise in liquidity allows continued investing.

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PCE/Core PCE Inflation In Line With Estimates in June
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PCE/Core PCE Inflation In Line With Estimates in June.

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Europe's Markets Are Cheap. 4 Stocks to Play.
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Nevertheless, its member economies are poised for a rebound.

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