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

T. Rowe Price Group (NASDAQ:TROW) will likely be posting its Q3 2026 results before the market opens on Thursday, October 29th. Analysts expect T. Rowe Price Group to post earnings of $2.64 per share and revenue of $1.98 billion for the quarter. Interested persons can find conference call details 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 for the quarter, beating 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 firm had revenue of $1.91 billion during the quarter, compared to analyst estimates of $1.89 billion. During the same quarter last year, the firm earned $2.24 EPS. T. Rowe Price Group’s quarterly revenue was up 10.7% on a year-over-year basis. 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 Stock Up 1.1%

TROW stock opened at $103.29 on Thursday. T. Rowe Price Group has a 52-week low of $85.22 and a 52-week high of $122.00. The stock’s 50 day moving average is $106.60 and its two-hundred day moving average is $107.04. The company has a market capitalization of $22.03 billion, a PE ratio of 10.36, a P/E/G ratio of 2.98 and a beta of 1.45.

T. Rowe Price Group Dividend Announcement

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

Insider Activity

In related news, VP Joshua Nelson sold 10,000 shares of the business’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 transaction of $1,118,200.00. Following the completion of the transaction, the vice president owned 71,328 shares in the company, valued at $7,975,896.96. The trade was a 12.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 1.60% of the company’s stock.

Analysts Set New Price Targets

TROW has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. decreased their price target on shares of T. Rowe Price Group from $107.00 to $106.00 and set an “underweight” rating for the company in a research report on Tuesday, October 13th. BMO Capital Markets cut their price target on shares of T. Rowe Price Group from $120.00 to $110.00 and set a “market perform” rating on the stock in a report on Tuesday, October 13th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $109.00 price objective on shares of T. Rowe Price Group in a research note on Monday, August 3rd. UBS Group started coverage on shares of T. Rowe Price Group in a research note on Wednesday, October 7th. They set a “neutral” rating and a $107.00 price objective on the stock. Finally, Keefe, Bruyette & Woods reissued a “market perform” rating and set a $115.00 price objective (down from $120.00) on shares of T. Rowe Price Group in a report on Monday, August 3rd. One equities research analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average price target of $104.08.

About T. Rowe Price Group

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.