Thomson Reuters Corp (TSE:TRI) (NYSE:TRI) Director Ruth Clamp-Held sold 2,592 shares of Thomson Reuters stock in a transaction dated Tuesday, December 4th. The stock was sold at an average price of C$51.44, for a total transaction of C$133,332.48.
Shares of Thomson Reuters stock opened at C$68.15 on Friday. The company has a debt-to-equity ratio of 58.70, a quick ratio of 0.21 and a current ratio of 2.45. Thomson Reuters Corp has a 1 year low of C$46.69 and a 1 year high of C$68.70.
Thomson Reuters (TSE:TRI) (NYSE:TRI) last announced its quarterly earnings results on Tuesday, November 6th. The company reported C$0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.06 by C$0.09. The company had revenue of C$1.69 billion for the quarter, compared to the consensus estimate of C$1.70 billion. On average, analysts expect that Thomson Reuters Corp will post 1.34000002516801 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Monday, December 17th. Investors of record on Thursday, November 15th will be given a dividend of $0.452 per share. The ex-dividend date of this dividend is Wednesday, November 14th. This is an increase from Thomson Reuters’s previous quarterly dividend of $0.45. This represents a $1.81 annualized dividend and a yield of 2.65%. Thomson Reuters’s dividend payout ratio (DPR) is currently 106.08%.
Several analysts have weighed in on the stock. BMO Capital Markets lifted their price objective on shares of Thomson Reuters from C$69.00 to C$73.00 in a research note on Wednesday. TD Securities lifted their price target on shares of Thomson Reuters from C$69.00 to C$80.00 and gave the company a “buy” rating in a report on Wednesday. National Bank Financial lifted their price target on shares of Thomson Reuters from C$69.00 to C$73.00 and gave the company an “outperform” rating in a report on Wednesday. Finally, Berenberg Bank decreased their price target on shares of Thomson Reuters from C$45.00 to C$44.00 in a report on Thursday, August 30th.
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Thomson Reuters Company Profile
Thomson Reuters Corporation provides news and information for professional markets worldwide. The company operates through three segments: Financial & Risk, Legal, and Tax & Accounting. It sells electronic content and services to professionals primarily on a subscription basis. The Financial & Risk segment offers critical news, information, and analytics enabling transactions and connecting communities of trading, investment, financial, and corporate professionals.
See Also: Debt-To-Equity Ratio
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