T. Rowe Price Group (TROW) Projected to Announce Earnings on Thursday

T. Rowe Price Group (NASDAQ:TROW) is projected to announce its Q3 2026 results before the market opens on Thursday, October 29th. Analysts expect the company to announce earnings of $2.63 per share and revenue of $1.98 billion for the quarter. Interested persons may review the information on the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, October 29, 2026 at 8:00 AM ET.

T. Rowe Price Group (NASDAQ:TROW) last issued its quarterly earnings data on Friday, July 31st. The asset manager reported $2.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.52 by $0.05. T. Rowe Price Group had a return on equity of 20.91% and a net margin of 29.26%. The company had revenue of $1.91 billion for the quarter, compared to the consensus estimate of $1.89 billion. During the same quarter last year, the business posted $2.24 earnings per share. The firm’s revenue was up 10.7% compared to the same quarter last year. On average, analysts expect T. Rowe Price Group to post $10.08 EPS for the current fiscal year and $10.05 EPS for the next fiscal year.

T. Rowe Price Group Stock Down 0.7%

T. Rowe Price Group stock opened at $103.49 on Tuesday. The stock has a market cap of $22.08 billion, a price-to-earnings ratio of 10.38, a PEG ratio of 3.05 and a beta of 1.45. The business has a 50-day simple moving average of $106.34 and a 200 day simple moving average of $103.78. T. Rowe Price Group has a 52 week low of $85.22 and a 52 week high of $122.00.

T. Rowe Price Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 15th were given a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date was Tuesday, September 15th. T. Rowe Price Group’s dividend payout ratio (DPR) is 52.16%.

Analyst Ratings Changes

TROW has been the subject of several recent analyst reports. TD Cowen cut their price objective on T. Rowe Price Group from $110.00 to $109.00 and set a “hold” rating for the company in a report on Monday, October 12th. JPMorgan Chase & Co. lowered their target price on shares of T. Rowe Price Group from $107.00 to $106.00 and set an “underweight” rating on the stock in a research note on Tuesday, October 13th. Keefe, Bruyette & Woods reiterated a “market perform” rating and set a $115.00 target price (down from $120.00) on shares of T. Rowe Price Group in a research report on Monday, August 3rd. The Goldman Sachs Group boosted their price target on shares of T. Rowe Price Group from $90.00 to $92.00 and gave the stock a “sell” rating in a research note on Tuesday, June 30th. Finally, Morgan Stanley boosted their price target on shares of T. Rowe Price Group from $110.00 to $112.00 and gave the stock an “equal weight” rating in a research note on Friday. One investment analyst has rated the stock with a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of $104.23.

Insiders Place Their Bets

In other T. Rowe Price Group news, VP Joshua Nelson sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $111.82, for a total value of $1,118,200.00. Following the completion of the sale, the vice president owned 71,328 shares of the company’s stock, valued at $7,975,896.96. This represents a 12.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.60% of the stock is owned by insiders.

T. Rowe Price Group Company Profile

T. Rowe Price Group, Inc is a global investment management firm headquartered in Baltimore, Maryland. Founded in 1937 by Thomas Rowe Price Jr., the company provides investment strategies and advisory services to individual investors, retirement plans, financial intermediaries, institutions and other clients.

The company offers a range of actively managed and multi-asset investment products, including mutual funds, exchange-traded funds, separately managed accounts and other portfolio solutions.