T. Rowe Price Group Inc.

Equities

TROW

US74144T1088

Investment Management & Fund Operators

Market Closed - Nasdaq Other stock markets 04:30:00 2024-05-06 pm EDT			5-day change	1st Jan Change
112 ^USD	+0.46%		-0.06%	+4.01%

Apr. 30	T Rowe Price Group Insider Sold Shares Worth $344,102, According to a Recent SEC Filing	MT
Apr. 30	Autonomous Research Adjusts Price Target on T. Rowe Price Group to $94 From $96	MT

T. Rowe Price Group, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024

April 26, 2024 at 07:22 am EDT

T. Rowe Price Group, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 47.1 million compared to USD 16.9 million a year ago. Revenue was USD 1,750.2 million compared to USD 1,537.6 million a year ago.

Net income was USD 573.8 million compared to USD 421.5 million a year ago. Basic earnings per share from continuing operations was USD 2.5 compared to USD 1.83 a year ago. Diluted earnings per share from continuing operations was USD 2.49 compared to USD 1.83 a year ago.

Latest news about T. Rowe Price Group Inc.

T Rowe Price Group Insider Sold Shares Worth $344,102, According to a Recent SEC Filing	Apr. 30	MT
Autonomous Research Adjusts Price Target on T. Rowe Price Group to $94 From $96	Apr. 30	MT
JPMorgan Adjusts T. Rowe Price Group's Price Target to $102 From $103, Keeps Underweight Rating	Apr. 29	MT
UBS Adjusts T. Rowe Price Group Price Target to $112 From $109, Maintains Sell Rating	Apr. 29	MT
Jefferies Adjusts Price Target on T. Rowe Price to $120 From $122	Apr. 29	MT
Goldman Sachs Adjusts Price Target on T. Rowe Price Group to $112 From $111, Maintains Sell Rating	Apr. 29	MT
TD Cowen Adjusts Price Target on T. Rowe Price Group to $121 From $112, Keeps Hold Rating	Apr. 29	MT
Yen Hits 160 to Dollar in Thin Trade as Hopes for Near-Term BOJ Rate Hikes Wane	Apr. 29	DJ
Tranche Update on T. Rowe Price Group, Inc.'s Equity Buyback Plan announced on April 16, 2003.	Apr. 26	CI
Sector Update: Financial Stocks Steady Premarket Friday	Apr. 26	MT
T Rowe's quarterly profit beats estimates on tailwinds from market rally	Apr. 26	RE
Transcript : T. Rowe Price Group, Inc., Q1 2024 Earnings Call, Apr 26, 2024	Apr. 26
T. Rowe Price Group Q1 Adjusted Earnings, Net Revenue Rise	Apr. 26	MT
T. Rowe Price Group, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 26	CI
Endeavor BioMedicines, Inc. announced that it has received $127.5 million in funding from a group of investors	Apr. 23	CI
Endeavor BioMedicines, Inc. announced that it expects to receive $132.583908 million	Apr. 21	CI
T. Rowe Price says 2018 Tesla pay aligned with investor interests	Apr. 18	RE
T Rowe Price Promotes Tim Chamberlain as Asia Pacific Regional Chief Operating Officer, Effective 1 May 2024	Apr. 17	CI
TD Cowen Adjusts T. Rowe Price Group's Price Target to $112 From $114	Apr. 17	MT
Morgan Stanley Adjusts T. Rowe Price Group's Price Target to $125 From $114, Keeps Equalweight Rating	Apr. 17	MT
JPMorgan Adjusts T. Rowe Price Group's Price Target to $103 From $94, Retains Underweight Rating	Apr. 16	MT
UBS Adjusts T. Rowe Price Group Price Target to $109 From $100, Maintains Sell Rating	Apr. 12	MT
Keefe Bruyette & Woods Upgrades T. Rowe Price Group to Market Perform From Underperform, Adjusts Price Target to $120 From $106	Apr. 11	MT
TD Cowen Upgrades T. Rowe Price to Hold From Sell, Raises Price Target to $114 From $92	Apr. 08	MT
ANALYST RECOMMENDATIONS : Chevron, Take-Two, Coinbase, Netflix, American Tower...	Apr. 08

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Company Profile

T. Rowe Price Group, Inc. is an investment management company that provides investment advisory services to individual and institutional investors, retirement plans, and financial intermediaries. The group manages a broad range of American and international stock, blended asset, bond, and money market mutual funds and other investment portfolios. T. Rowe Price Group also provides investment advisory clients with related administrative services, including mutual fund transfer agent, accounting and shareholder services, participant recordkeeping and transfer agent services for defined contribution retirement plans, discount brokerage, and trust services. At the end of 2023, the group had USD 1,444.5 billion in assets under management.

Sector

Investment Management & Fund Operators

Calendar

08:00am - Annual General Meeting

Related indices

S&P 500

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Analysis / Opinion

According to Eric Veiel, CIO of T. Rowe Price: The financial sector has already reached full valuation

April 03, 2024 at 08:15 am EDT

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Ratings for T. Rowe Price Group Inc.

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Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

112 USD

Average target price

114.8 USD

Spread / Average Target

+2.52%

Consensus

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Quarterly earnings - Rate of surprise

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