How to Buy Price T Rowe Group Stock
Price T Rowe Group Inc
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.
Price T Rowe Group stock last closed at $123.64, down 0.16% from the previous day, and has increased 21.2% in one year. It has underperformed other stocks in the Asset Management industry by 0.15 percentage points. Price T Rowe Group stock is currently +26.81% from its 52-week low of $97.50, and -0.95% from its 52-week high of $124.83.
There are currently 222.16M TROW shares outstanding. The market cap of TROW is $27.47B. In the last 24 hours, 1.22M TROW shares were traded.
How to Buy Price T Rowe Group Stock
Wondering how to invest in Price T Rowe Group stock? Here's how.
- Figure out where to buy Price T Rowe Group stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you decide where to buy Price T Rowe Group stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Select your method of payment and add your information.
- Evaluate Price T Rowe Group stock: The Price T Rowe Group ticker symbol is TROW. Is Price T Rowe Group stock a good investment? Should you buy shares of TROW? How do TROW's underlying business fundamentals look? Do top analysts think Price T Rowe Group is a good buy? Why has TROW's stock price moved recently? (Hint: Our stock market analysis website can help you decide if TROW is a good stock to buy).
- Execute your TROW buy order: Decide if you will purchase TROW shares at the current market price or use a limit order to buy TROW shares at a specific price.
- Monitor your TROW investment: Create a watchlist to keep tabs on your investment in Price T Rowe Group stock.
Step 1: Figure out where to buy Price T Rowe Group stock
You will need a brokerage account in order to access the NASDAQ market and buy TROW shares.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the right brokerage, the next step is to fill out some personal details so you are able to invest in TROW stock today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to create a new brokerage account.
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Step 3: Deposit funds into your brokerage account
Now that you've filled out your info on a investment app, your next step is to transfer the money for your investment:
Watch the video below for more details transferring money into your new brokerage account.
Step 4: Evaluate Price T Rowe Group stock
After you have chosen the best place to buy Price T Rowe Group stock, it's absolutely critical to analyze their stock prior to investing, so you actually understand the risk and upside.
Overview of key TROW info
Price T Rowe Group Due Diligence Checks
WallStreetZen was created to help part-time investors do more in-depth fundamental analysis.
You can view all of the due diligence checks on TROW's stock page.
What is the fair value of TROW stock?
Investors use many financial metrics, analyses, models, and charts to gauge TROW's fair value.
Using relative valuations ratios:
- TROW may be undervalued based on its P/E ratio of 13.51x, relative to Asset Management industry P/E ratio of 50.15x
- TROW may be undervalued based on its P/B ratio of 2.68x, relative to Asset Management industry P/B ratio of 3.04x
- TROW may be overvalued based on its PEG ratio of 6.58x
You can do additional valuation research on TROW's stock here.
TROW Financial Overview
Pros:
- TROW earnings of $2.80B is not sufficient to cover its interest payments.
- TROW has a low debt to equity ratio of 0.24.
- TROW's operating cash flow of $1.81B allows it to safely service it's debt of $288.40M.
- TROW profit margin has gone up from 25.5% to 30.4% in the past year.
Cons:
- Total TROW debt is higher than 5 years ago, relative to shareholder equity.
Is Price T Rowe Group stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 9 sell side analysts who research TROW, the consensus analyst rating on TROW is a Sell
Please note that analyst ratings are not stock recommendations, nor are they financial advice.
Latest TROW Analyst Forecasts
Michael Cyprys, a top 30% analyst from Morgan Stanley maintains TROW with a hold rating and raises their TROW price target from $127.00 to $129.00, on Nov 4, 2024.
Michael Brown, a top 8% analyst from Wells Fargo maintains TROW with a hold rating and raises their TROW price target from $109.00 to $112.00, on Oct 9, 2024.
Alexander Blostein, a top 5% analyst from Goldman Sachs maintains TROW with a strong sell rating and lowers their TROW price target from $106.00 to $102.00, on Oct 3, 2024.
Aidan Hall, a top 35% analyst from Keefe, Bruyette & Woods reiterates TROW with a hold rating and lowers their TROW price target from $121.00 to $120.00, on Jul 29, 2024.
You can dig deeper into what analysts are forecasting on the Price T Rowe Group stock forecast page.
TROW Technicals
TROW Revenue
Last year, TROW earnings were $2.10B. During the last five year, TROW's earnings have increased by 2.75% per year. This was slower than the Asset Management industry average of 8.44%.
Last year, TROW revenue was $6.91B. In the last 5 year, TROW's revenue has increased by 4.85% per year. This was slower than the Asset Management industry average of 21.26%.
Dive into TROW's earnings and revenue performance here.
Are TROW executives and large shareholders buying or selling the stock?
Over the past 12 months, insiders at TROW have sold more shares than they have bought.
Joshua B. Nelson, Vice President of TROW, was the latest TROW insider to buy. They bought $340.55 worth of TROW shares on Nov 27, 2024.
Research more about who owns TROW stock here.
Can I rely on TROW as an income stream?
Price T Rowe Group pays a dividend of 4%, compared to the Asset Management industry's average dividend yield of 6.92%. If you owned $1,000 worth of TROW stock, you would have received $39.95 in the past 12 months.
Price T Rowe Group dividend payments have consistently grown over the past decade but have not remained stable.
Get more data about Price T Rowe Group dividend yield and history here.
Get analysis from other investors
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Execute your TROW buy order
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually the easiest way to buy. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular price limit, place a limit order.
Hit the Open button and your broker will execute your order.
If you want more help buying stocks on eToro, click the how to video below:
Step 6: Monitor your TROW investment
Now that you own some shares in TROW, you'll want to stay up-to-date on your company.
Start a watchlist to track the most important metrics related to your TROW stock.
TROW Feed
How to Buy Stock in Price T Rowe Group
To summarize, here are the 6 steps for buying Price T Rowe Group stock:
- Figure out where to buy Price T Rowe Group stock
- Open your brokerage account
- Deposit funds into your brokerage account
- Evaluate Price T Rowe Group stock
- Execute your TROW buy order
- Monitor your TROW investment
If you require a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get the latest news on your new investment in Price T Rowe Group, create your watchlist below.
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