T. Rowe Price Group, Inc. (TROW)
| Previous close | 108.83 |
| Open | 113.00 |
| Bid | 114.27 x 1000 |
| Ask | 114.53 x 800 |
| Day's range | 111.59 - 115.07 |
| 52-week range | 87.43 - 132.76 |
| Volume | |
| Avg. volume | 1,397,951 |
| Market cap | 25.585B |
| Beta (5Y monthly) | 1.40 |
| PE ratio (TTM) | 14.74 |
| EPS (TTM) | 7.76 |
| Earnings date | 26 Apr 2024 |
| Forward dividend & yield | 4.96 (4.56%) |
| Ex-dividend date | 14 Mar 2024 |
| 1y target est | 114.80 |
ZacksT. Rowe Price (TROW) Q1 Earnings Beat Estimates, AUM Rises Y/Y
T. Rowe Price's (TROW) Q1 earnings beat estimates on increased net revenues, an improvement in AUM and a decline in expenses. A rise in cash and cash equivalents will help it continue investing.
ReutersT Rowe's quarterly profit beats estimates on tailwinds from market rally
Asset managers have seen money leave their funds as high interest rates boost the appeal of safe-haven assets like cash. But assets under management, which determines the fees managers charge, have still grown due to an increase in the value of investments. At the end of the quarter, T Rowe's AUM was $1.54 trillion, 15% higher than last year, despite $8 billion of net outflows.
PR NewswireT. ROWE PRICE GROUP REPORTS FIRST QUARTER 2024 RESULTS
T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported its financial results for the first quarter of 2024. The earnings release can be found on the firm's website at troweprice.com/newsroom.
