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

T. Rowe Price Group (NASDAQ:TROW) is expected to announce its Q3 2026 results before the market opens on Thursday, October 29th. Analysts expect T. Rowe Price Group to announce earnings of $2.64 per share and revenue of $1.98 billion for the quarter. Individuals may visit the company’s upcoming Q3 2026 earnings report 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 the consensus estimate of $2.52 by $0.05. The business had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $1.89 billion. T. Rowe Price Group had a return on equity of 20.91% and a net margin of 29.26%. The business’s revenue was up 10.7% on a year-over-year basis. During the same period in the previous year, the firm posted $2.24 earnings per share. On average, analysts expect T. Rowe Price Group to post $10.10 EPS for the current fiscal year and $10.04 EPS for the next fiscal year.

T. Rowe Price Group Trading Up 1.1%

Shares of NASDAQ TROW opened at $103.29 on Thursday. T. Rowe Price Group has a 12-month low of $85.22 and a 12-month high of $122.00. The company has a market cap of $22.03 billion, a PE ratio of 10.36, a P/E/G ratio of 2.98 and a beta of 1.45. The stock has a 50 day simple moving average of $106.60 and a 200-day simple moving average of $107.04.

T. Rowe Price Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 29th. Investors of record on Tuesday, September 15th were given a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a yield of 5.0%. The ex-dividend date was Tuesday, September 15th. T. Rowe Price Group’s dividend payout ratio is currently 52.16%.

Insiders Place Their Bets

In other news, VP Joshua Nelson sold 10,000 shares of the stock in a transaction 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 in the company, valued at $7,975,896.96. This represents a 12.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 1.60% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on TROW. Weiss Ratings upgraded shares of T. Rowe Price Group from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, September 4th. The Goldman Sachs Group upped their target price on T. Rowe Price Group from $90.00 to $92.00 and gave the stock a “sell” rating in a research report on Tuesday, June 30th. Morgan Stanley decreased their price target on T. Rowe Price Group from $116.00 to $110.00 and set an “equal weight” rating for the company in a research note on Friday, September 25th. TD Cowen decreased their price target on T. Rowe Price Group from $110.00 to $109.00 and set a “hold” rating for the company in a research note on Monday, October 12th. Finally, BMO Capital Markets lowered their price target on T. Rowe Price Group from $120.00 to $110.00 and set a “market perform” rating on the stock in a research report on Tuesday, October 13th. One investment analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average target price of $104.08.

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.