T. Rowe Price: Low Cost For Valuable Reasons
December 28, 2023
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T. Rowe Price ($NASDAQ:TROW) is one of the leading financial services companies in the world, offering cost-effective options for investing, retirement planning, and more. One of the key reasons for its success is it’s low cost structure, which allows investors to benefit from a number of advantages. For starters, T. Rowe Price offers competitive fees on mutual funds and ETFs, making it a great option for investors who want to save on costs.
Additionally, the company’s investment strategies are designed to help investors maximize returns while minimizing risk. This combination of cost effectiveness and value makes T. Rowe Price an attractive choice for many investors. The company also has a variety of tools and resources available to help customers navigate their investments and make informed decisions. These include educational materials, investment advice, and even a free online portfolio tracking tool. Ultimately, T. Rowe Price provides a comprehensive range of financial services that offer value for money, making it an excellent choice for both experienced and novice investors alike.
Stock Price
T. ROWE PRICE is a financial services company that has recently seen its stock open at $109.1 and close at $108.7. Despite this slight dip in value, investors should remain confident in the company’s future prospects. This is because T. ROWE PRICE offers low cost options for investors, while still delivering valuable insights and advice. By utilizing the company’s investment services, investors can rest assured that their hard-earned money is in good hands. The company’s low cost options make it an attractive option for those looking to diversify their portfolios or make long-term investments.
With T. ROWE PRICE, investors can access a wide range of services, including investment plans, retirement planning, and asset allocation. The company also provides its clients with an experienced financial advisor to help guide them in making the best decisions for their future. With its stock opening at $109.1 and closing at $108.7, investors can take advantage of the opportunity to invest in the company and benefit from its valuable services. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for TROW. More…
| Total Revenues | Net Income | Net Margin |
| 6.34k | 1.58k | 23.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for TROW. More…
| Operations | Investing | Financing |
| 1.24k | 66.1 | -1.08k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for TROW. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 12.56k | 2.38k | 42.06 |
Key Ratios Snapshot
Some of the financial key ratios for TROW are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 2.2% | -7.4% | 32.1% |
| FCF Margin | ROE | ROA |
| 15.1% | 13.7% | 10.1% |
Analysis
GoodWhale has examined the financials of T. ROWE PRICE, and our analysis shows that the company has a high health score of 10/10 with regard to its cashflows and debt, indicating that it is capable to sustain future operations in times of crisis. The star chart also shows that T. ROWE PRICE is strong in dividend, profitability, and medium in asset, but weak in growth. We classify T. ROWE PRICE as a ‘cow’, a type of company that has the track record of paying out consistent and sustainable dividends. Given its resilience against economic crisis and consistent dividend payouts, T. ROWE PRICE could be an attractive investment option for conservative investors who prioritize dividend yield and low risk over high growth. Investors who are interested in capitalizing on the company’s dividend payouts and are willing to accept a lower expected return may be interested in this company. More…
Peers
The firm provides its services to individuals, institutions, retirement plans, trusts, and partnerships. It launches and manages equity, fixed income, balanced, and commodity mutual funds. The company was founded in 1937 and is headquartered in Baltimore, Maryland. As of December 31, 2017, T. Rowe Price Group Inc had $934.2 billion in assets under management (AUM). Federated Hermes Inc, Franklin Resources Inc, and ABC arbitrage SA are all competitors of T. Rowe Price Group Inc. Federated Hermes Inc is a global investment manager that offers a range of investment products, including equities, fixed income, and alternatives. As of December 31, 2017, Federated Hermes Inc had $590.6 billion in AUM. Franklin Resources Inc is a global investment management company that provides investment management and related services to institutional and individual investors. As of June 30, 2018, Franklin Resources Inc had $737.2 billion in AUM. ABC arbitrage SA is a French asset management company that specializes in convertible bonds and global equity markets arbitrage. As of December 31, 2017, ABC arbitrage SA had €5.4 billion in assets under management.
– Federated Hermes Inc ($NYSE:FHI)
Federated Hermes Inc. is a publicly traded company with a market capitalization of $2.86 billion as of 2022. The company has a return on equity of 22.41%. Federated Hermes Inc. is a financial services company that provides asset management and related services to individuals, families, institutions, and businesses. The company offers a broad range of investment strategies and products, including equity, fixed income, and alternative investments.
– Franklin Resources Inc ($NYSE:BEN)
Franklin Resources Inc is a publicly owned asset management holding company based in San Mateo, California. The company, through its subsidiaries, manages mutual funds and other investment portfolios. It also provides investment management and advisory services to institutional clients. As of December 31, 2020, Franklin Resources Inc had $744.2 billion in assets under management.
The company’s market cap is 11.69B as of 2022. The company has a return on equity of 12.45%. The company’s primary business is managing mutual funds and other investment portfolios. The company also provides investment management and advisory services to institutional clients.
– ABC arbitrage SA ($LTS:0OPJ)
ABC arbitrage SA is a French holding company that engages in the provision of financial services. The company operates through the following segments: Asset Management, Corporate Finance, and Market Making. The Asset Management segment offers investment products and services to individuals, professionals, and institutional clients. The Corporate Finance segment provides financing and advisory services to companies. The Market Making segment deals with market making activities in listed securities. ABC arbitrage SA was founded in 1991 and is headquartered in Paris, France.
Summary
T. Rowe Price is a leading global investment management firm providing a wide range of services to individual and institutional investors. The firm’s analysis and research are based on a comprehensive and disciplined approach to investing that focuses on diversification, in-depth research, and sound risk management. T. Rowe Price offers access to broad asset classes such as stocks and bonds, as well as specialized investments such as commodities, real estate, and other alternative assets. The firm’s portfolio managers provide in-depth analysis of companies, industries, and markets, seeking to identify attractive investments.
T. Rowe Price also offers a variety of tools and resources to help investors make informed decisions. The firm’s fees are competitive, with no sales charges or hidden fees, making it an attractive option for cost-conscious investors.
