FY2019 EPS Estimates for Thomson Reuters Corp (TRI) Increased by Analyst

Thomson Reuters Corp (TSE:TRI) (NYSE:TRI) – Research analysts at National Bank Financial lifted their FY2019 earnings per share (EPS) estimates for Thomson Reuters in a research report issued on Wednesday. National Bank Financial analyst A. Shine now forecasts that the company will earn $3.51 per share for the year, up from their previous forecast of $3.50. National Bank Financial currently has a “Sector Perform” rating and a $60.00 target price on the stock.

Several other equities analysts also recently weighed in on the company. Scotiabank reduced their price target on Thomson Reuters to C$69.00 and set an “outperform” rating for the company in a report on Wednesday, November 22nd. Royal Bank of Canada reduced their price target on Thomson Reuters to C$60.50 and set a “sector perform” rating for the company in a report on Thursday, November 2nd. Finally, TD Securities reduced their price target on Thomson Reuters from C$65.00 to C$64.00 and set a “buy” rating for the company in a report on Thursday, November 2nd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of C$62.25.

Thomson Reuters (TSE TRI) opened at C$52.59 on Monday. Thomson Reuters has a twelve month low of C$50.87 and a twelve month high of C$62.83. The firm has a market capitalization of $39,660.00, a price-to-earnings ratio of 28.74 and a beta of 0.36.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Thursday, February 22nd will be given a dividend of $0.433 per share. The ex-dividend date is Wednesday, February 21st. This is a boost from Thomson Reuters’s previous quarterly dividend of $0.35. This represents a $1.73 annualized dividend and a dividend yield of 3.29%. Thomson Reuters’s dividend payout ratio (DPR) is 75.14%.

In other Thomson Reuters news, insider Woodbridge Company Limited The acquired 1,778 shares of the company’s stock in a transaction that occurred on Thursday, November 23rd. The shares were bought at an average cost of C$56.55 per share, with a total value of C$100,545.90.

TRADEMARK VIOLATION WARNING: “FY2019 EPS Estimates for Thomson Reuters Corp (TRI) Increased by Analyst” was first reported by Sports Perspectives and is the sole property of of Sports Perspectives. If you are viewing this story on another site, it was stolen and reposted in violation of United States & international copyright and trademark legislation. The legal version of this story can be viewed at https://sportsperspectives.com/2018/02/05/fy2019-eps-estimates-for-thomson-reuters-corp-tri-increased-by-analyst.html.

About Thomson Reuters

Thomson Reuters Corp (Thomson Reuters) is a Canada-based provider of news and information for professional markets. The Company is organized in three business units: Financial & Risk, Legal, and Tax & Accounting. The Financial & Risk unit is a provider of critical news, information and analytics, enabling transactions and connecting communities of trading, investment, financial and corporate professionals.

Earnings History and Estimates for Thomson Reuters (TSE:TRI)

Receive News & Ratings for Thomson Reuters Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Thomson Reuters and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply