T Rowe Price Group TROW
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
T Rowe Price Group (TROW) Business Model and Operations Summary
T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load us and international stock, hybrid, bond, and money market funds. At the end of October 2024, the firm had $1.607 trillion in managed assets, composed of equity (51%), balanced (34%), fixed-income and money market (12%), and alternative (3%) offerings. Approximately two thirds of managed assets are held in retirement-based accounts, which provides T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a us-based asset manager, deriving less than 10% of its AUM from overseas.
Key Insights
T Rowe Price Group (TROW) Core Market Data and Business Metrics
Latest Closing Price
$92.27Market Cap
$20.51 BillionPrice-Earnings Ratio
10.96Total Outstanding Shares
222.24 Million SharesTotal Employees
8,158Dividend
$1.27 Per Share QuarterlyIPO Date
April 9, 1986SIC Description
Security & Commodity Brokers, Dealers, Exchanges & ServicesPrimary Exchange
NASDAQHeadquarters
100 East Pratt Street, Baltimore, MD, 21289-0320
Historical Stock Splits
If you bought 1 share of TROW before June 26, 2006, you'd have 2 shares today.
| Execution Date | Split Amount |
|---|---|
| June 26, 2006 | 2-for-1 |
Cash Flow Statement
April 1, 2023 to March 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Financing Activities | $-1.20 Billion |
| Net Cash Flow | $317.70 Million |
| Exchange Gains/Losses | $-1.90 Million |
| Net Cash Flow From Financing Activities, Continuing | $-1.20 Billion |
| Net Cash Flow From Investing Activities | $177.10 Million |
| Net Cash Flow, Continuing | $319.60 Million |
Income Statement
April 1, 2023 to March 31, 2024
| Metric | Value |
|---|---|
| Revenues | $6.67 Billion |
| Basic Earnings Per Share | $8.45 |
| Costs And Expenses | $4.03 Billion |
| Income/Loss From Continuing Operations Before Tax | $2.65 Billion |
| Net Income/Loss Attributable To Noncontrolling Interest | $46.40 Million |
| Net Income/Loss Attributable To Redeemable Noncontrolling Interest | $46.40 Million |
Comprehensive Income
April 1, 2023 to March 31, 2024
| Metric | Value |
|---|---|
| Other Comprehensive Income/Loss | $7.10 Million |
| Comprehensive Income/Loss | $1.99 Billion |
| Comprehensive Income/Loss Attributable To Parent | $1.94 Billion |
| Other Comprehensive Income/Loss Attributable To Noncontrolling Interest | $5 Million |
| Other Comprehensive Income/Loss Attributable To Parent | $2.10 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $51.60 Million |
Balance Sheet
April 1, 2023 to March 31, 2024
| Metric | Value |
|---|---|
| Noncurrent Liabilities | $0 |
| Fixed Assets | $846.40 Million |
| Liabilities | $2.19 Billion |
| Equity | $9.99 Billion |
| Intangible Assets | $481.80 Million |
| Assets | $12.85 Billion |
Historical Dividends
Current dividend: $1.27 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Feb 11, 2025 | Mar 28, 2025 | Mar 14, 2025 | $1.27 | Quarterly |
| Nov 1, 2024 | Dec 27, 2024 | Dec 13, 2024 | $1.24 | Quarterly |
| Jul 30, 2024 | Sep 27, 2024 | Sep 13, 2024 | $1.24 | Quarterly |
| May 7, 2024 | Jun 27, 2024 | Jun 14, 2024 | $1.24 | Quarterly |
| Jan 30, 2024 | Mar 28, 2024 | Mar 15, 2024 | $1.24 | Quarterly |
| Oct 31, 2023 | Dec 29, 2023 | Dec 15, 2023 | $1.22 | Quarterly |