Brokers Set Expectations for Thomson Reuters FY2025 Earnings

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

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

Thomson Reuters Stock Up 1.3 %

Shares of TRI opened at $179.02 on Monday. Thomson Reuters has a one year low of $149.50 and a one year high of $179.21. The business’s 50 day simple moving average is $164.26 and its 200-day simple moving average is $165.50. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.94 and a quick ratio of 0.94. The company has a market capitalization of $80.56 billion, a P/E ratio of 36.61, a PEG ratio of 5.59 and a beta of 0.73.

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

Institutional Investors Weigh In On Thomson Reuters

Large investors have recently modified their holdings of the business. Generali Asset Management SPA SGR acquired a new stake in Thomson Reuters in the fourth quarter valued at approximately $1,393,000. PDS Planning Inc raised its holdings in shares of Thomson Reuters by 4.7% in the 4th quarter. PDS Planning Inc now owns 2,342 shares of the business services provider’s stock valued at $376,000 after buying an additional 105 shares during the period. Curio Wealth LLC acquired a new stake in Thomson Reuters during the 4th quarter worth approximately $26,000. Signaturefd LLC boosted its stake in shares of Thomson Reuters by 5.5% in the 4th quarter. Signaturefd LLC now owns 7,965 shares of the business services provider’s stock valued at $1,277,000 after buying an additional 416 shares during the period. Finally, Natixis Advisors LLC lifted its position in shares of Thomson Reuters by 4.2% during the 4th quarter. Natixis Advisors LLC now owns 14,427 shares of the business services provider’s stock worth $2,314,000 after purchasing an additional 584 shares during the last quarter. Institutional investors own 17.31% of the company’s stock.

Thomson Reuters Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Thursday, February 20th will be given a $0.595 dividend. This represents a $2.38 annualized dividend and a yield of 1.33%. The ex-dividend date of this dividend is Thursday, February 20th. This is an increase from Thomson Reuters’s previous quarterly dividend of $0.54. Thomson Reuters’s dividend payout ratio is 48.67%.

About Thomson Reuters

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.