Get TRowe Price FBR1BREG 2023-2024

Based on the latest financial disclosure, T Rowe Price has a Probability Of Bankruptcy of 1.0%. This is 98.0% lower than that of the Capital Markets sector and 97.51% lower than that of the Financials industry. The probability of bankruptcy for all United States stocks is 97.49% higher than that of the company.

Rowe Price family of investments, has all the attributes of a great dividend stock. It is one of the leaders in its market, with some $1.4 trillion in assets under management, and it has raised its dividend each year for the past 36 years.

As is the case for all of its major peers, T. Rowe Price has seen its assets under management (AUM) fall well below their all-time high of $1.7 trillion set back in December 2021. Largely because of the market sell-off of 2022, its AUM as of March 31 was $1.3 trillion.

We view the shares as being slightly undervalued. Based on preliminary AUM data released for September, T. Rowe Price closed out the third quarter of 2023 with $1.346 trillion in managed assets, down 3.8% sequentially but up 9.6% year over year and 5.6% since the start of the year.

Stock Price Forecast The 12 analysts offering 12-month price forecasts for T Rowe Price Group Inc have a median target of 101.00, with a high estimate of 110.00 and a low estimate of 78.00. The median estimate represents a +13.88% increase from the last price of 88.69.

T. Rowe Price Group, one of the largest U.S. fund companies, will split itself into two independent entities in the next two years. The move is somewhat unusual, but not unexpected. When it happens, investors might have a chance to access some of the firm's long-closed funds.

Rowe Price on nearly every level, including Fidelity having more robust platforms with more competitive commissions. This is especially true for options trading. Moreover, Fidelity offers better stock/ETF screeners, better analytics, better reporting, and better investing tools than T. Rowe Price's platforms.

T. Rowe Price (TROW) is expected to have witnessed an AUM dip in the third quarter of 2023 due to the equity market's decline and net outflows.