Thomson Reuters Co. (NYSE:TRI) to Post FY2025 Earnings of $4.07 Per Share, National Bank Financial Forecasts

Thomson Reuters Co. (NYSE:TRI) (TSE:TRI) – Investment analysts at National Bank Financial boosted their FY2025 earnings estimates for shares of Thomson Reuters in a report released on Monday, April 22nd. National Bank Financial analyst A. Shine now expects that the business services provider will post earnings of $4.07 per share for the year, up from their previous forecast of $4.06. National Bank Financial has a “Sector Perform” rating on the stock. The consensus estimate for Thomson Reuters’ current full-year earnings is $3.58 per share.

Thomson Reuters (NYSE:TRI) (TSE:TRI) last issued its quarterly earnings data on Thursday, February 8th. The business services provider reported $0.98 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.06. Thomson Reuters had a net margin of 39.67% and a return on equity of 14.01%. The business had revenue of $1.82 billion during the quarter, compared to analysts’ expectations of $1.82 billion. During the same quarter in the previous year, the company earned $0.76 EPS. The business’s revenue was up 2.8% on a year-over-year basis.

Several other brokerages have also recently commented on TRI. Barclays upgraded shares of Thomson Reuters from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $150.00 to $180.00 in a research report on Thursday, March 14th. TD Securities boosted their target price on shares of Thomson Reuters from $210.00 to $225.00 and gave the company a “hold” rating in a research report on Wednesday, March 13th. CIBC boosted their target price on shares of Thomson Reuters from $146.00 to $152.00 and gave the company a “neutral” rating in a research report on Thursday, March 14th. Royal Bank of Canada restated a “sector perform” rating and issued a $153.00 target price on shares of Thomson Reuters in a research report on Wednesday, March 13th. Finally, Scotiabank boosted their target price on shares of Thomson Reuters from $142.00 to $159.00 and gave the company a “sector perform” rating in a research report on Friday, February 9th. Ten analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $157.42.

Thomson Reuters Price Performance

Shares of Thomson Reuters stock opened at $154.44 on Thursday. Thomson Reuters has a twelve month low of $117.46 and a twelve month high of $161.57. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.26. The company has a 50-day simple moving average of $155.53 and a two-hundred day simple moving average of $145.34. The stock has a market capitalization of $69.72 billion, a price-to-earnings ratio of 26.45, a price-to-earnings-growth ratio of 3.97 and a beta of 0.65.

Thomson Reuters Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 8th. Shareholders of record on Wednesday, February 21st were issued a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a yield of 1.40%. This is a positive change from Thomson Reuters’s previous quarterly dividend of $0.49. The ex-dividend date was Tuesday, February 20th. Thomson Reuters’s payout ratio is presently 36.99%.

Institutional Investors Weigh In On Thomson Reuters

A number of institutional investors have recently added to or reduced their stakes in the business. International Assets Investment Management LLC bought a new stake in shares of Thomson Reuters in the 4th quarter valued at $11,438,000. Checchi Capital Advisers LLC boosted its stake in shares of Thomson Reuters by 3.4% in the 3rd quarter. Checchi Capital Advisers LLC now owns 6,052 shares of the business services provider’s stock valued at $741,000 after purchasing an additional 201 shares during the last quarter. Prime Capital Investment Advisors LLC bought a new stake in shares of Thomson Reuters in the 4th quarter valued at $2,954,000. Sapient Capital LLC bought a new stake in shares of Thomson Reuters in the 4th quarter valued at $13,461,000. Finally, Larson Financial Group LLC boosted its stake in shares of Thomson Reuters by 0.9% in the 4th quarter. Larson Financial Group LLC now owns 16,298 shares of the business services provider’s stock valued at $2,383,000 after purchasing an additional 146 shares during the last quarter. 17.31% of the stock is owned by institutional investors.

Thomson Reuters Company Profile

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.