Stock of the Day

T. Rowe Price Group (TROW)

$94.82

+$1.58 (+1.7%)

Market Cap: $20.89B

About T. Rowe Price Group

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, Shanghai, China; Germany, Madrid, Spain, Milan, Italy, Stockholm, Sweden, Melbourne, Australia, Amsterdam, Netherlands and Washington, DC.

T. Rowe Price Group Bull Case

Here are some ways that investors could benefit from investing in T. Rowe Price Group, Inc.:

• The current stock price is around $91.93, which may present a buying opportunity for investors looking for value.
• The company reported a strong earnings per share (EPS) of $2.23 for the latest quarter, exceeding analysts' expectations, indicating solid financial performance.
• T. Rowe Price Group, Inc. has a healthy return on equity of 20.83%, suggesting effective management and profitability relative to shareholder equity.
• The firm has a dividend yield of 5.53%, providing a steady income stream for investors, which is attractive in a low-interest-rate environment.
• Recent institutional investments, such as Siemens Fonds Invest GmbH increasing its stake by over 1,000%, reflect confidence in the company's future growth potential.

T. Rowe Price Group Bear Case

Investors should be bearish about investing in T. Rowe Price Group, Inc. for these reasons:

• The stock has experienced a decline of about 6.64% in insider ownership, which may raise concerns about insider confidence in the company's future.
• Analysts have recently lowered their price targets for the stock, with some suggesting a "sell" rating, indicating potential bearish sentiment in the market.
• The company reported a slight year-over-year revenue increase of only 0.8%, which may not be sufficient to attract growth-focused investors.
• The stock's beta of 1.50 indicates higher volatility compared to the market, suggesting that it may be riskier for conservative investors.
• With a P/E ratio of around 10.02, the stock may be perceived as undervalued, but this could also indicate underlying issues that investors should consider.

Recent News

• T. Rowe Price: This Ideal Holding For Long-Term Oriented Investors Is Currently Offering A 5% Yield (seekingalpha.com)