T. Rowe Price Group, Inc. (TROW) Stock Price & Analysis
T. Rowe Price Group, Inc. (TROW) closed at USD 103.45 on Thursday, October 22, 2026, up 0.15% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 103.45; the Oct 22, 2026 session ranged USD 102.48–104.27 on volume of 2,227,296 shares. Market capitalization is —, with a 52-week range of USD 85.22–122 (NMS). Source: Nexqual, retrieved October 23, 2026 at 09:26 UTC.
Also available as compact Markdown for AI agents: nexqual.com/TROW.md
Key facts (TROW)
- Last four reported quarters (through Jun 30, 2026): revenue $7.59B, net income $2.22B (29.3% margin), free cash flow $1.67B (SEC filings).
- 3 of 80 tracked superinvestors hold TROW (13F, Q2 2026): 0 new, 0 added, 1 reduced, 2 unchanged.
- Analysts: Sell (mean 3.50 on a 1–5 scale) (14 analysts), mean target USD 106.08 (range 90–116).
- Total return with dividends: 1Y +6.3% vs S&P 500 +14.9%; 5Y -37.3% vs S&P 500 +80.3%.
- Next earnings: 2026-10-29, EPS estimate USD 2.65, revenue estimate $1.98B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (TROW)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $7.67B | $6.49B | $6.46B | $7.09B | $7.31B | $7.59B |
| Operating income | $3.71B | $2.37B | $1.99B | $2.33B | $2.19B | $2.34B |
| Net income | $3.08B | $1.56B | $1.79B | $2.10B | $2.09B | $2.22B |
| EPS (diluted) | $13.12 | $6.70 | $7.76 | $9.15 | $9.24 | — |
| Free cash flow | $3.21B | $2.12B | $911M | $1.26B | $1.48B | $1.67B |
| Operating margin | 48.4% | 36.6% | 30.7% | 32.9% | 29.9% | 30.8% |
| Net margin | 40.2% | 24.0% | 27.7% | 29.6% | 28.5% | 29.3% |
| Revenue growth | +23.6% | -15.4% | -0.4% | +9.8% | +3.1% | — |
| Cash + short-term investments | $1.52B | $1.76B | $2.07B | $2.65B | $3.38B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (TROW)
P/E at fiscal year-ends: Dec 2025 10.8x, Dec 2024 12.0x, Dec 2023 13.5x.
Superinvestors (SEC 13F-HR, Q2 2026) (TROW)
3 of 80 tracked investors hold TROW. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Hillman Capital | Hillman Capital Management | 0.30% | $410K | Reduced -86.1% |
| Thomas Gayner | Markel Group | 0.27% | $35.7M | Unchanged |
| Jensen Investment Management | 0.09% | $3.6M | Unchanged |
Analysts (TROW)
Consensus Sell (mean 3.50 on a 1–5 scale), 14 analysts; mean target USD 106.08 (low 90, high 116).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-14 | Barclays | Target lowered | Underweight | $103 → $102 |
| 2026-10-13 | JP Morgan | Target lowered | Underweight | $107 → $106 |
| 2026-10-13 | BMO Capital | Target lowered | Market Perform | $120 → $110 |
| 2026-10-12 | TD Cowen | Target lowered | Hold | $110 → $109 |
| 2026-10-09 | Evercore ISI Group | Target lowered | In-Line | $113 → $109 |
| 2026-09-25 | Morgan Stanley | Target lowered | Equal-Weight | $116 → $110 |
| 2026-09-09 | Evercore ISI Group | Target lowered | In-Line | $118 → $113 |
| 2026-08-31 | TD Cowen | Target raised | Hold | $108 → $110 |
| 2026-08-10 | Evercore ISI Group | Target raised | In-Line | $117 → $118 |
| 2026-08-03 | Keefe, Bruyette & Woods | Target lowered | Market Perform | $120 → $115 |
| 2026-08-03 | TD Cowen | Target raised | Hold | $107 → $108 |
| 2026-08-03 | Evercore ISI Group | Target lowered | In-Line | $121 → $117 |
Total return (dividends reinvested) (TROW)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +6.3% | -37.3% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +6.3% | -8.9% |
| Volatility (annualized) | 23.8% | 30.0% |
| Max drawdown | -19.8% (Jan 2026→Mar 2026) | -56.7% (Nov 2021→Oct 2023) |
TROW analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $2.65 | $2.68 | -1.3% | $1.98B | 13 |
| Next quarter (ends Dec 2026) | $2.44 | $2.51 | -3.0% | $1.97B | 10 |
| Current fiscal year (ends Dec 2026) | $10.17 | $10.17 | +0.1% | $7.74B | 14 |
| Next fiscal year (ends Dec 2027) | $10.21 | $10.38 | -1.6% | $7.86B | 14 |
TROW options: expected move
Options price a move of about ±6.7% (±$6.98) by Nov 20, 2026, which includes earnings on Oct 29, 2026.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 29.4% | ±6.7% |
| Dec 18, 2026 | 56 | 25.9% | ±8.7% |
| Jan 15, 2027 | 84 | 25.6% | ±10.1% |
| Mar 19, 2027 | 147 | 28.2% | ±14.0% |
| Apr 16, 2027 | 175 | 26.7% | ±14.9% |
| Sep 17, 2027 | 329 | 27.7% | ±20.7% |
30-day implied volatility 29% vs 18.5% realized over the last 30 trading days. Put/call ratio (volume) 0.6. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:26 UTC)
| Price | USD 103.45 |
|---|---|
| Change | ▲ 0.15% (up) |
| Previous Close | USD 103.45 |
| Open | USD 103.45 |
| Day Range | USD 102.48 – 104.27 |
| 52-Week Range | USD 85.22 – 122 |
| Volume | 2,227,296 shares |
| Market Cap | — |
| Exchange | NMS |
Technical Analysis (TROW)
Nexqual's technical model rates TROW "NEUTRAL" based on 2 bullish and 3 bearish signals across 127 daily candles, as of October 23, 2026 at 09:26 UTC.
| Overall Signal | NEUTRAL |
|---|---|
| RSI (14) | 46.39 (neutral) |
| vs SMA50 | Below (USD 106.48) |
| MACD | -1.23 (negative) |
Analyst Ratings (TROW)
Wall Street analysts rate TROW "Sell" based on 14 analysts, with a mean price target of USD 106.08 (range USD 90–116), per Nexqual as of October 23, 2026 at 09:26 UTC.
| Consensus Rating | Sell |
|---|---|
| Analyst Count | 14 |
| Mean Target | USD 106.08 |
| High Target | USD 116 |
| Low Target | USD 90 |
| Buy / Hold / Sell | 0 / 10 / 4 |
Earnings (TROW)
| Next Earnings Date | 2026-10-29 |
|---|---|
| EPS Estimate | USD 2.65 |
| Revenue Estimate | $1.98B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 2.57 vs est 2.52 ▲ beat |
| 2026-03-31 | USD 2.52 vs est 2.35 ▲ beat |
| 2025-12-31 | USD 2.44 vs est 2.46 ▼ miss |
| 2025-09-30 | USD 2.81 vs est 2.54 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:26 UTC.
Financials & Fundamentals (TROW)
| Total Revenue | $7.59B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +10.70% |
| Gross Margin | +51.61% |
| Operating Margin | +28.69% |
| Profit Margin | +29.26% |
| ROE | +19.40% |
| Debt / Equity | 0.04 |
| Current Ratio | 4.04 |
| Total Cash | $3.23B |
| Total Debt | $450.60M |
Source: Nexqual, October 23, 2026 at 09:26 UTC.
Ownership (TROW)
| Insider Ownership | +1.70% |
|---|---|
| Institutional Ownership | +92.07% |
| Shares Outstanding | 213.32M |
| Float | 209.21M |
| Short % of Float | +14.64% |
Source: Nexqual, October 23, 2026 at 09:26 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| PFG | Principal Financial Group Inc | USD 110.11 | ▲ 1.54% |
| PS | Pershing Square Inc. | USD 45.04 | ▼ 3.72% |
| TPG | TPG Inc. | USD 46.17 | ▲ 4.74% |
| RJF | Raymond James Financial, Inc. | USD 159.19 | ▲ 2.25% |
| BEN | Franklin Templeton, Inc. | USD 31.52 | ▼ 0.51% |
| NTRS | Northern Trust Corporation | USD 165.82 | ▼ 0.65% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:26 UTC. This page is informational and not investment advice.
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