T. Rowe Price Outperforms S&P 500 in Latest Trading Session
T. Rowe Price Group, Inc. (TROW) shares closed at $101.37, a 1.76% increase from the previous trading day. This performance exceeded the S&P 500's daily gain of 0.33%, the Dow Jones Industrial Average's rise of 1.08%, and the Nasdaq Composite's 0.08% increase. The stock's movement marked a divergence from its recent monthly trend, as TROW shares have declined by 2.71% over the last month. This monthly decrease was less severe than the Finance sector's 3.99% loss but trailed the S&P 500's 1.41% gain over the same period.
T. Rowe Price Group, Inc. (TROW) shares closed at $101.37, a 1.76% increase from the previous trading day. This performance exceeded the S&P 500's daily gain of 0.33%, the Dow Jones Industrial Average's rise of 1.08%, and the Nasdaq Composite's 0.08% increase. The stock's movement marked a divergence from its recent monthly trend, as TROW shares have declined by 2.71% over the last month. This monthly decrease was less severe than the Finance sector's 3.99% loss but trailed the S&P 500's 1.41% gain over the same period.
The company is scheduled to release its earnings report on October 29, 2026. Consensus estimates anticipate an earnings per share (EPS) of $2.59 for the upcoming quarter, representing a 7.83% decrease from the prior-year period. Revenue is expected to reach $1.95 billion, indicating a 3.22% increase from the same quarter last year. For the full fiscal year, Zacks Consensus Estimates predict earnings of $10.1 per share and total revenue of $7.68 billion. These figures suggest changes of +3.91% and +4.96%, respectively, compared to the previous year.
Analyst activity has shown recent adjustments to TROW's outlook. Over the last 30 days, the Zacks Consensus EPS estimate decreased by 0.68%. The stock currently holds a Zacks Rank of #3 (Hold). The Zacks Rank system assigns ratings from #1 (Strong Buy) to #5 (Strong Sell) based on changes in estimate revisions, which research indicates correlate with subsequent stock price performance. Since 1988, stocks ranked #1 have returned an average annual gain of +25%.
Valuation metrics show TROW trading at a Forward P/E ratio of 9.87, which is below the industry average of 10.21 for the Financial - Investment Management sector. The stock carries a Price/Earnings-to-Growth (PEG) ratio of 4.33, a metric that factors in expected earnings growth alongside the P/E ratio. The Financial - Investment Management industry average PEG ratio stood at 1.03 at the most recent close.
The Financial - Investment Management industry is categorized within the Finance sector and currently holds a Zacks Industry Rank of 183. This ranking places it in the bottom 26% of more than 250 industries evaluated by the system. The Zacks Industry Rank measures industry strength by determining the average Zacks Rank of individual stocks within each group, with top-rated industries historically outperforming lower-rated groups by a factor of 2 to 1.