FY2025 EPS Forecast for Thomson Reuters Lowered by Analyst

Thomson Reuters Co. (NYSE:TRI) (TSE:TRI) – Investment analysts at National Bank Financial dropped their FY2025 EPS estimates for shares of Thomson Reuters in a report released on Thursday, February 6th. National Bank Financial analyst A. Shine now forecasts that the business services provider will post earnings of $3.81 per share for the year, down from their prior estimate of $3.87. The consensus estimate for Thomson Reuters’ current full-year earnings is $3.96 per share.

Several other brokerages have also recently issued reports on TRI. CIBC lifted their target price on Thomson Reuters from $165.00 to $174.00 in a research report on Friday, February 7th. Royal Bank of Canada lifted their price objective on shares of Thomson Reuters from $171.00 to $173.00 and gave the stock a “sector perform” rating in a report on Wednesday, November 6th. JPMorgan Chase & Co. increased their target price on shares of Thomson Reuters from $175.00 to $177.00 and gave the company a “neutral” rating in a report on Friday, February 7th. StockNews.com raised shares of Thomson Reuters from a “sell” rating to a “hold” rating in a research report on Wednesday, January 8th. Finally, Wells Fargo & Company upped their price objective on shares of Thomson Reuters from $165.00 to $177.00 and gave the stock an “equal weight” rating in a research report on Friday, February 7th. Nine equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $182.09.

Thomson Reuters Stock Performance

Shares of TRI opened at $178.63 on Monday. The firm has a market capitalization of $80.38 billion, a P/E ratio of 36.53, a P/E/G ratio of 5.59 and a beta of 0.73. Thomson Reuters has a 52 week low of $149.50 and a 52 week high of $179.45. The stock has a 50 day moving average price of $164.55 and a two-hundred day moving average price of $165.62. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.94 and a current ratio of 0.94.

Thomson Reuters (NYSE:TRI) (TSE:TRI) last posted its earnings results on Thursday, February 6th. The business services provider reported $1.01 EPS for the quarter, topping the consensus estimate of $0.97 by $0.04. Thomson Reuters had a net margin of 30.45% and a return on equity of 14.78%.

Institutional Trading of Thomson Reuters

Several hedge funds have recently made changes to their positions in the company. TD Asset Management Inc. increased its holdings in Thomson Reuters by 12.2% in the 4th quarter. TD Asset Management Inc. now owns 4,764,429 shares of the business services provider’s stock worth $764,654,000 after acquiring an additional 516,605 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Thomson Reuters by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 5,381,842 shares of the business services provider’s stock valued at $864,195,000 after purchasing an additional 76,382 shares during the last quarter. Guardian Partners Inc. bought a new position in Thomson Reuters during the fourth quarter worth about $3,338,000. Hillsdale Investment Management Inc. increased its stake in shares of Thomson Reuters by 153.5% in the fourth quarter. Hillsdale Investment Management Inc. now owns 126,175 shares of the business services provider’s stock worth $20,238,000 after purchasing an additional 76,395 shares in the last quarter. Finally, Northwest & Ethical Investments L.P. raised its position in shares of Thomson Reuters by 2.1% in the fourth quarter. Northwest & Ethical Investments L.P. now owns 24,563 shares of the business services provider’s stock valued at $3,937,000 after purchasing an additional 508 shares during the period. 17.31% of the stock is currently owned by institutional investors.

Thomson Reuters Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Thursday, February 20th will be paid a dividend of $0.595 per share. The ex-dividend date is Thursday, February 20th. This represents a $2.38 annualized dividend and a dividend yield of 1.33%. This is a positive change from Thomson Reuters’s previous quarterly dividend of $0.54. Thomson Reuters’s dividend payout ratio (DPR) is presently 44.17%.

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.