Earnings Alerts

T. Rowe Price Group (TROW) Earnings: AUM Rises to $1.70 Trillion with Mixed Analyst Ratings

  • T. Rowe Price’s assets under management (AUM) reached $1.70 trillion.
  • The AUM increased by 1.6% month-over-month, up from $1.68 trillion.
  • Total equity assets under management are at $859 billion.
  • There was a 2.4% increase in equity assets month-over-month.
  • Current financial analyst recommendations report 0 buys, 10 holds, and 5 sells.

A look at T. Rowe Price Group Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience4
Momentum4
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts at Smartkarma have weighed in on T. Rowe Price Group‘s long-term prospects based on their Smart Scores. With a solid score of 4 for both Dividend and Resilience, the company seems well-positioned to provide steady returns to investors over time. Additionally, its Momentum score of 4 indicates that T. Rowe Price Group has been showing strong performance trends, which bodes well for its future growth potential.

While the Value and Growth scores come in at a respectable 3, showing room for improvement, T. Rowe Price Group‘s overall outlook appears positive. As a financial services holding company offering a diverse range of investment advisory services, including managing various mutual funds and portfolios, the company seems to have a robust foundation for long-term success in the ever-changing market landscape.

### Summary: T. Rowe Price Group Inc. is a financial services holding company providing investment advisory services to a wide range of investors, managing both domestic and international funds and portfolios. ###


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars