Thomson Reuters Co. (TSE:TRI - Get Free Report) (NYSE:TRI) Director Peter J. Thomson purchased 81 shares of the stock in a transaction that occurred on Monday, June 17th. The shares were purchased at an average price of C$166.98 per share, with a total value of C$13,525.38.
Thomson Reuters Stock Down 0.4 %
TSE:TRI opened at C$228.49 on Wednesday. The firm's 50-day moving average price is C$224.86 and its 200-day moving average price is C$210.82. The company has a market capitalization of C$102.94 billion, a PE ratio of 32.59, a P/E/G ratio of 3.64 and a beta of 0.38. The company has a debt-to-equity ratio of 37.11, a current ratio of 0.97 and a quick ratio of 0.52. Thomson Reuters Co. has a 1-year low of C$163.01 and a 1-year high of C$242.92.
Thomson Reuters (TSE:TRI - Get Free Report) (NYSE:TRI) last released its earnings results on Thursday, May 2nd. The company reported C$1.50 earnings per share for the quarter, topping analysts' consensus estimates of C$1.27 by C$0.23. The firm had revenue of C$2.54 billion for the quarter, compared to the consensus estimate of C$2.50 billion. Thomson Reuters had a net margin of 34.87% and a return on equity of 20.18%. On average, equities analysts predict that Thomson Reuters Co. will post 5.0831533 EPS for the current fiscal year.
Thomson Reuters Increases Dividend
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The firm also recently announced a quarterly dividend, which was paid on Monday, June 10th. Stockholders of record on Thursday, May 16th were given a $0.73 dividend. The ex-dividend date of this dividend was Wednesday, May 15th. This is an increase from Thomson Reuters's previous quarterly dividend of $0.54. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.28%. Thomson Reuters's dividend payout ratio is currently 41.94%.
Analyst Ratings Changes
A number of equities research analysts recently commented on the stock. TD Securities upped their price target on shares of Thomson Reuters from C$225.00 to C$230.00 and gave the company a "hold" rating in a report on Friday, May 3rd. National Bankshares boosted their price objective on shares of Thomson Reuters from C$217.00 to C$219.00 in a research report on Friday, May 3rd. Finally, National Bank Financial downgraded shares of Thomson Reuters from a "sector perform under weight" rating to an "underperform underweight" rating in a research report on Tuesday, February 20th. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat.com, Thomson Reuters has a consensus rating of "Hold" and an average target price of C$183.33.
Read Our Latest Research Report on TRI
Thomson Reuters Company Profile
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Thomson Reuters Corporation engages in the provision of business information services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. The Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics to law firms and governments.
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