Earnings Alerts

T. Rowe Price Group (TROW) Earnings Report: $1.63T in Assets Under Management Amid $12.2B Quarterly Outflows

By October 10, 2024 No Comments
  • T. Rowe Price reports assets under management totaling $1.63 trillion as of October 2024.
  • The company experienced preliminary net outflows of $4.9 billion in September 2024.
  • For the quarter ending September 30, 2024, T. Rowe Price reported total preliminary net outflows of $12.2 billion.
  • Of the quarterly net flows, $0.8 billion was attributed to manager-driven distributions.
  • Analyst ratings include 0 buys, 11 holds, and 6 sells for T. Rowe Price at the current time.

A look at T. Rowe Price Group Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience4
Momentum3
OVERALL SMART SCORE3.4

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

Based on the Smartkarma Smart Scores, T. Rowe Price Group‘s long-term outlook appears promising. The company receives a solid score of 4 for both Dividend and Resilience, indicating strong performance in these areas. With a Value score of 3, Growth score of 3, and Momentum score of 3, T. Rowe Price Group shows stability and consistent performance across various factors.

T. Rowe Price Group Inc. is a financial services holding company known for providing investment advisory services to both individual and institutional investors. Managing a wide variety of investment portfolios, including U.S. and international stocks, blended assets, bonds, and money market mutual funds, the company has established itself as a trustworthy partner for investors seeking sound financial advice.


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.
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