Added to YB: 2024-06-27
Pitch date: 2024-06-26
TROW [bullish]
T. Rowe Price Group, Inc.
-4.33%
current return
Author Info
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Company Info
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.
Market Cap
$22.8B
Pitch Price
$109.65
Price Target
N/A
Dividend
4.86%
EV/EBITDA
7.34
P/E
11.40
EV/Sales
2.89
Sector
Capital Markets
Category
dividend
3 Dividend Growth Stocks To Buy: T. Rowe Price Group, Inc.
TROW: AUM $1.54T, Q1 rev +13.6% to $1.75B, EPS $2.38 (+41% YoY). 38yr dividend growth, 4.2% yield, 59% payout. Zero debt. Recession-resistant: 2007-10 EPS $2.40, $1.82, $1.65, $2.53. Low variable costs enable margin expansion. Q1 AUM +6.8% on $105.7B mkt appreciation, -$8B outflows. Dividend Aristocrat.
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