T. Rowe Price Group, Inc. (NASDAQ:TROW) Updates On Dividend Release Date


On 2016-04-28, T. Rowe Price Group, Inc. (NASDAQ:TROW) confirmed the dividend disbursement of $0.54 a share to shareholders as on record 2016-06-15. The firm will release dividend on 2016-06-29 while ex-dividend date is reported to be 2016-06-13.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, T. Rowe Price Group, Inc. (NASDAQ:TROW) paid a total of $0.54 per share in dividends. This figure stood at $0.54 a share in the same period a year ago indicating a deviation of 131.8181%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $74.777 on the stock. This figure is the average of recommendations offered by 9 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $83 and $65, respectively.

Taking the mathematical rating formula, the price for T. Rowe Price Group, Inc. (NASDAQ:TROW) stands at 2.69. Earnings Review T. Rowe Price Group, Inc. (NASDAQ:TROW) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-27. For the period ending on 2016-09-30, experts are expecting EPS of $1.16.

Coming to the quarter ending on 2015-12-31, T. Rowe Price Group, Inc. (NASDAQ:TROW) recorded EPS of $1.15. The reported numbers came lower than the analysts’ estimates of $1.13, demonstrating a miss of $0.02 as against reported figures.

Shares of the T. Rowe Price Group, Inc. (NASDAQ:TROW) traded in the range of $68.7 to $69.78 and closed the last trading session at $68.79 on a volume of ((Volume:238}}.

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