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How to Buy Thomson Reuters Stock

Thomson Reuters Corp

Thomson Reuters is a specialty business service company located in Ontario, Canada, which is part of the Industrials sector, and is traded under the ticker TRI on the NYSE exchange.

Thomson Reuters stock last closed at $167.33, down 0.56% from the previous day, and has increased 27.31% in one year. It has overperformed other stocks in the Specialty Business Services industry by 0.08 percentage points. Thomson Reuters stock is currently +42.46% from its 52-week low of $117.46, and -4.94% from its 52-week high of $176.03.

There are currently 450.7M TRI shares outstanding. The market value of TRI is $75.42B. In the past 24 hours, 549,903 TRI shares were traded.

How to Buy Thomson Reuters Stock

Not sure how to invest in Thomson Reuters stock? Here's how.
  1. Figure out where to buy Thomson Reuters stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you choose where to buy Thomson Reuters stock.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Put funds into your investment account: Pick your payment method and add your information.
  4. Analyze Thomson Reuters stock: The Thomson Reuters ticker symbol is TRI. Is Thomson Reuters stock a good investment? Should you buy shares of TRI? How do TRI's underlying business fundamentals look? Do top analysts think Thomson Reuters is a good buy? Why has TRI's stock price moved recently? (Hint: Our stock market research website can help you evaluate if TRI is a good stock to buy).
  5. Place your TRI trade: Decide if you will purchase TRI shares at the current market price or use a limit order to purchase TRI shares at a particular price.
  6. Keep tabs on your investment in TRI: Create a watchlist to key updates about your investment in Thomson Reuters stock.

Step 1: Figure out where to buy Thomson Reuters stock

You need a brokerage account to access the NYSE market and buy TRI shares.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've selected the right brokerage, you'll need to fill out some personal info so you are able to invest in TRI today.

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Step 3: Put funds into your investment account

Now that you've opened your account on the best stock trading app, you can securely and quickly fund your account:

Watch the tutorial below if you need help depositing funds into your investment account.

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Step 4: Analyze Thomson Reuters stock

Once you have chosen the best place to buy Thomson Reuters stock, it's absolutely critical to evaluate their stock before you invest, so you actually wrap your head around the risk and upside.

Thomson Reuters quick stats

TRI Price
$167.33
1w %
-2%
1y %
27.31%
5y %
147.81%
P/E
31.87x
P/B
6.83x
P/S
10.87x
PEG
N/A
Revenue
$6.94B
Earnings
$2.42B
Fore. Rev. Growth
5.68%
Fore. Earn. Growth
-12.26%
Market Cap
$75.42B
Next Earnings
Jul 31, 2024
Next Dividend
N/A

Fundamentals of Thomson Reuters

WallStreetZen was designed to help average investors do more accurate fundamental analysis quickly.

You can view all of the due diligence checks on TRI's stock page.

What is the fair value of TRI stock?

You can use a variety of different financial metrics, analyses, models, and charts to gauge TRI's fair value.

Using relative valuations metrics:

  • TRI may be undervalued based on its P/E ratio of 31.87x, relative to Specialty Business Services industry P/E ratio of 33.58x
  • TRI may be overvalued based on its P/B ratio of 6.83x, relative to Specialty Business Services industry P/B ratio of 4.97x

You can access more valuation research on TRI's stock here.

A look at TRI Cashflows and Balance Sheet

Positive Financial Indicators:

  • TRI earnings of $2.84B is not enough to cover its interest payments.
  • TRI profit margin has gone up from 16.2% to 34.9% in the past year.
  • Total TRI debt is lower than 5 years ago, relative to shareholder equity.
  • TRI's operating cash flow of $2.51B allows it to safely service it's debt of $4.46B.

Negative Financial Indicators:

  • TRI has a relatively high debt to equity ratio of 0.71.
  • There are more long-term liabilities than short-term assets on the TRI balance sheet.
  • There are more short-term liabilities than short-term assets on the TRI balance sheet.

Do Wall Street analysts think it's a good time to buy TRI stock

Out of 8 sell side analysts who monitor TRI, the consensus analyst rating on Thomson Reuters is a Buy

It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.

Latest TRI Analyst Upgrades/Downgrades

Manav Patnaik, a top 5% analyst from Barclays upgrades TRI to a strong buy rating and raises their TRI price target from $150.00 to $180.00, on Mar 14, 2024.

Barclays's Manav Patnaik upgraded their rating on Thomson Reuters (NYSE: TRI) from Hold to Strong Buy on 2024/03/14. The analyst also raised their price target by 20% from $150 to $180.

Leaving Thomson Reuters' "much-anticipated look under the hood" Investor Day event on 2024/03/12, the analyst argued that the company's content-enabled technology growth is "still only in the early innings."

Vince Valentini, a bottom 21% analyst from TD Securities maintains TRI with a hold rating and raises their TRI price target from $210.00 to $225.00, on Mar 13, 2024.

Drew McReynolds, a top 27% analyst from RBC Capital reiterates TRI with a hold rating and maintains their TRI price target from $153.00 to $153.00, on Mar 13, 2024.

You can dive deeper into what analysts are forecasting on the Thomson Reuters stock forecast page.

TRI Technicals

SMA10
170.03
SMA20
171
SMA50
163.24
SMA100
159.22
SMA200
146.49
MACD
1.23
MACD Signal
2.17
MACD Histogram
-0.95
RSI
46.84
Stochastic %K
17.94
Stochastic %D
25.83
StochRSI %K
1.89
StochRSI %D
3.84

TRI Growth Metrics

Last year, TRI earnings were $2.42B. Over the last five year, TRI's earnings have gone up by -5.11% per year. This was slower than the Specialty Business Services industry average of 11.55%.

Last year, TRI revenue was $6.94B. During the past 5 year, TRI's revenue has gone up by 4.35% per year. This was slower than the Specialty Business Services industry average of 10.3%.

Learn more about TRI's earnings and revenue performance here.

Who is buying/selling TRI?

In the last year, executives and large shareholders at TRI have not bought or sold any shares.

Learn more about who owns TRI shares here.

Can I get consistent income from TRI stock?

Thomson Reuters pays a dividend of 4.02%, compared to the Specialty Business Services industry's average dividend yield of 2.15%. If you owned $1,000 of TRI stock, you would have received $40.22 last year.

Thomson Reuters dividend payments have consistently grown over the past decade but have not remained stable.

Find more data about Thomson Reuters dividend yield and history here.

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Step 5: Place your TRI trade

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a particular dollar amount limit, place a limit order.

Hit the Open button and eToro will place your order.

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Step 6: Keep tabs on your investment in TRI

Now that you own some shares in TRI, you'll want to stay up-to-date on your stock purchase.

Put TRI on a watchlist to keep track of your TRI stock.

TRI Feed

How to Buy Stock in Thomson Reuters

To reiterate, here are the 6 steps to buy Thomson Reuters stock:

  1. Figure out where to buy Thomson Reuters stock
  2. Open your brokerage account
  3. Put funds into your investment account
  4. Analyze Thomson Reuters stock
  5. Place your TRI trade
  6. Keep tabs on your investment in TRI

If you are looking for a brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest news on your investment in Thomson Reuters, hit the button below to create your watchlist.

NYSE: TRI
$167.33-0.95 (-0.56%)
Updated Jun 14, 2024
Open eToro Account
NYSE: TRI
$167.33-0.95 (-0.56%)
Updated Jun 14, 2024
Open eToro Account

FAQ

How much does it cost to buy one Thomson Reuters share?

As of Jun 14, 2024, it costs $167.33 to buy one share of Thomson Reuters stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.598 shares of TRI.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Thomson Reuters stock?

According to 8 Wall Street analysts who monitor Thomson Reuters, their consensus recommendation is to buy Thomson Reuters stock.

What is the best way to buy Thomson Reuters stock?

One way to place an order for Thomson Reuters stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.