Last $86.72 USD
Change Today +0.33 / 0.38%
Volume 2.4M
TROW On Other Exchanges
Symbol
Exchange
Munich
NASDAQ GS
As of 8:10 PM 12/19/14 All times are local (Market data is delayed by at least 15 minutes).

t rowe price group inc (TROW) Snapshot

Open
$86.76
Previous Close
$86.39
Day High
$87.30
Day Low
$86.44
52 Week High
12/19/14 - $87.30
52 Week Low
10/15/14 - $71.78
Market Cap
22.5B
Average Volume 10 Days
1.7M
EPS TTM
$4.40
Shares Outstanding
259.4M
EX-Date
12/12/14
P/E TM
19.7x
Dividend
$1.76
Dividend Yield
2.03%
Current Stock Chart for T ROWE PRICE GROUP INC (TROW)

t rowe price group inc (TROW) Details

T. Rowe Price Group, Inc. is a publicly owned asset management holding company. The firm primarily provides its services to individual and institutional investors, retirement plans, and financial intermediaries. Through its subsidiaries, it manages separate client-focused equity, fixed income, and balanced portfolios. The firm also launches equity, fixed income, and balanced mutual funds for its clients. It invests in the public equity, fixed income, markets across the globe. It also invests in late-stage venture capital transactions with equity investments between $3 million and $5 million. The firm was previously known as T. Rowe Price Associates, Inc. T. Rowe Price Group was founded in 1937 and is based in Baltimore, Maryland with additional offices across North America, Europe, and Asia.

5,824 Employees
Last Reported Date: 10/23/14
Founded in 1937

t rowe price group inc (TROW) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $350.0K
Chairman, Chief Investment Officer, Vice Pres...
Total Annual Compensation: $350.0K
Chief Financial Officer, Vice President and T...
Total Annual Compensation: $350.0K
Vice Chairman, Head of Distribution & Client ...
Total Annual Compensation: $350.0K
Head of Global Equities, Vice President and M...
Total Annual Compensation: $350.0K
Compensation as of Fiscal Year 2013.

t rowe price group inc (TROW) Key Developments

T. Rowe Price Group, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended of September 30, 2014; Provides Earnings Guidance for the Full Year of 2014

T. Rowe Price Group, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended of September 30, 2014. For the quarter, the company reported net revenues of $1,020.8 million compared to $884.4 million a year ago. Net operating income was $488.7 million compared to $425.9 million a year ago. Income before income taxes were $493.9 million compared to $437.5 million a year ago. Net income was $303.6 million compared to $270.3 million a year ago. Net income allocated to common stockholders was $299.8 million compared to $267.7 million a year ago. Diluted earnings per share were $1.12 compared to $1.00 a year ago. For the nine months, the company reported net revenues of $2,959.7 million compared to $2,554.4 million a year ago. Net operating income was $1,410.9 million compared to $1,197.3 million a year ago. Income before income taxes were $1,484.3 million compared to $1,228.6 million a year ago. Net income was $913.7 million compared to $760.0 million a year ago. Net income allocated to common stockholders was $903.2 million compared to $753.6 million a year ago. Diluted earnings per share were $3.37 compared to $2.83 a year ago. The company provided earnings guidance for the full year of 2014. For the period, the company currently estimates that its effective tax rate will be about 38.4%. The company expects total capital expenditures for property and equipment for 2014 to be approximately $130 million, which will be funded from operating resources.

T. Rowe Price Group, Inc. Declares Quarterly Dividend, Payable on December 30, 2014

T. Rowe Price Group, Inc. announced that its board of directors has declared a quarterly dividend of $0.44 per share payable December 30, 2014 to stockholders of record as of the close of business on December 16, 2014.

T. Rowe Price Group, Inc. to Report Q3, 2014 Results on Oct 23, 2014

T. Rowe Price Group, Inc. announced that they will report Q3, 2014 results on Oct 23, 2014

 

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Industry Analysis

TROW

Industry Average

Valuation TROW Industry Range
Price/Earnings 19.6x
Price/Sales 5.8x
Price/Book 4.3x
Price/Cash Flow 17.2x
TEV/Sales 5.3x
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