News stories about Thomson Reuters (NYSE:TRI) (TSE:TRI) have been trending somewhat positive on Wednesday, Accern reports. Accern scores the sentiment of media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Thomson Reuters earned a coverage optimism score of 0.08 on Accern’s scale. Accern also gave news articles about the business services provider an impact score of 46.5484291562306 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s analysis:
- Anti-money laundering controls failing to detect terrorists, cartels, and sanctioned states (reuters.com)
- What Makes Thomson Reuters Corporation (TSE:TRI) A Great Dividend Stock? (finance.yahoo.com)
- Thomson Reuters and Marketpsych Launch Bitcoin Sentiment Index (news.bitcoin.com)
- Thomson Reuters added bitcoin sentiment to its data feeds (finance.yahoo.com)
Shares of Thomson Reuters (NYSE TRI) traded down $0.18 during trading on Wednesday, hitting $39.69. The company had a trading volume of 936,604 shares, compared to its average volume of 1,162,586. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.62 and a quick ratio of 0.63. The firm has a market cap of $28,811.05, a P/E ratio of 20.25, a P/E/G ratio of 3.37 and a beta of 0.71. Thomson Reuters has a 1 year low of $38.71 and a 1 year high of $48.61.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Thursday, February 22nd will be given a dividend of $0.345 per share. The ex-dividend date of this dividend is Wednesday, February 21st. This represents a $1.38 dividend on an annualized basis and a yield of 3.48%. Thomson Reuters’s dividend payout ratio (DPR) is 70.77%.
TRI has been the subject of several research analyst reports. Credit Suisse Group restated a “hold” rating on shares of Thomson Reuters in a research report on Friday, February 9th. Canaccord Genuity set a $44.00 price objective on Thomson Reuters and gave the company a “hold” rating in a research note on Friday, February 9th. Royal Bank of Canada reduced their price objective on Thomson Reuters from $48.00 to $47.00 and set a “sector perform” rating on the stock in a research note on Friday, February 9th. Scotiabank cut their price target on Thomson Reuters from $52.00 to $49.00 and set an “outperform” rating on the stock in a research note on Friday, February 9th. Finally, Morgan Stanley cut their target price on Thomson Reuters from $49.00 to $47.00 and set an “equal weight” rating on the stock in a research report on Friday, February 9th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the company. Thomson Reuters presently has an average rating of “Hold” and an average price target of $50.23.
About Thomson Reuters
Thomson Reuters Corp (Thomson Reuters) is a Canada-based provider of news and information for professional markets. The Company is organized in three business units: Financial & Risk, Legal, and Tax & Accounting. The Financial & Risk unit is a provider of critical news, information and analytics, enabling transactions and connecting communities of trading, investment, financial and corporate professionals.
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