Thomson Reuters Co. (TSE:TRI – Get Free Report) (NYSE:TRI) announced a quarterly dividend on Thursday, August 1st, Zacks reports. Stockholders of record on Thursday, August 15th will be paid a dividend of 0.20 per share on Tuesday, September 10th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.36%. The ex-dividend date is Thursday, August 15th.
Thomson Reuters Stock Performance
TRI traded down C$1.30 on Friday, reaching C$219.18. 22,316 shares of the stock were exchanged, compared to its average volume of 314,565. 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 has a fifty-two week low of C$163.01 and a fifty-two week high of C$242.92. The firm has a market capitalization of C$98.75 billion, a PE ratio of 31.45, a PEG ratio of 3.64 and a beta of 0.38. The company’s 50-day moving average price is C$229.30 and its 200 day moving average price is C$218.40.
Thomson Reuters (TSE:TRI – Get Free Report) (NYSE:TRI) last released its quarterly earnings data 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 analyst estimates of C$2.50 billion. Thomson Reuters had a net margin of 34.87% and a return on equity of 20.18%. As a group, sell-side analysts forecast that Thomson Reuters will post 5.0831533 EPS for the current fiscal year.
Insider Activity
Analysts Set New Price Targets
Several equities research analysts have recently issued reports on TRI shares. TD Securities increased their target price on shares of Thomson Reuters from C$230.00 to C$235.00 and gave the stock a “hold” rating in a research note on Thursday, June 20th. National Bankshares raised their target price on Thomson Reuters from C$217.00 to C$219.00 in a research report on Friday, May 3rd. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of C$183.89.
Check Out Our Latest Analysis on TRI
Thomson Reuters Company Profile
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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