National Bank Financial Weighs in on Thomson Reuters Co.’s FY2025 Earnings (NYSE:TRI)

Thomson Reuters Co. (NYSE:TRI) (TSE:TRI) – Analysts at National Bank Financial upped their FY2025 EPS estimates for Thomson Reuters in a report issued on Monday, April 22nd. National Bank Financial analyst A. Shine now forecasts that the business services provider will post earnings per share of $4.07 for the year, up from their prior estimate of $4.06. National Bank Financial currently 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 released its quarterly earnings results on Thursday, February 8th. The business services provider reported $0.98 earnings per share (EPS) 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 for the quarter, compared to analyst estimates of $1.82 billion. During the same period in the previous year, the company earned $0.76 earnings per share. The business’s revenue for the quarter was up 2.8% on a year-over-year basis.

Several other equities analysts have also issued reports on TRI. Scotiabank lifted their price target on shares of Thomson Reuters from $142.00 to $159.00 and gave the stock a “sector perform” rating in a report on Friday, February 9th. TD Securities boosted their price objective on shares of Thomson Reuters from $210.00 to $225.00 and gave the company a “hold” rating in a report on Wednesday, March 13th. Royal Bank of Canada reissued a “sector perform” rating and set a $153.00 price objective on shares of Thomson Reuters in a report on Wednesday, March 13th. Barclays raised shares of Thomson Reuters from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $150.00 to $180.00 in a report on Thursday, March 14th. Finally, CIBC boosted their price objective on shares of Thomson Reuters from $146.00 to $152.00 and gave the company a “neutral” rating in a report on Thursday, March 14th. Ten analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, Thomson Reuters currently has an average rating of “Hold” and a consensus target price of $157.42.

Thomson Reuters Price Performance

NYSE TRI opened at $152.57 on Thursday. The firm’s fifty day simple moving average is $155.64 and its two-hundred day simple moving average is $145.15. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.26. Thomson Reuters has a 12-month low of $117.46 and a 12-month high of $161.57. The firm has a market capitalization of $68.87 billion, a P/E ratio of 26.13, a P/E/G ratio of 4.00 and a beta of 0.65.

Institutional Investors Weigh In On Thomson Reuters

Several hedge funds have recently added to or reduced their stakes in TRI. Capital Investment Advisors LLC purchased a new stake in Thomson Reuters in the third quarter valued at $209,000. Capital Asset Advisory Services LLC acquired a new position in shares of Thomson Reuters in the third quarter worth about $219,000. Covenant Partners LLC acquired a new position in shares of Thomson Reuters in the third quarter worth about $419,000. Commonwealth Equity Services LLC raised its position in shares of Thomson Reuters by 1.3% in the third quarter. Commonwealth Equity Services LLC now owns 7,331 shares of the business services provider’s stock worth $897,000 after acquiring an additional 93 shares during the period. Finally, Hexagon Capital Partners LLC raised its position in shares of Thomson Reuters by 37.7% in the third quarter. Hexagon Capital Partners LLC now owns 438 shares of the business services provider’s stock worth $54,000 after acquiring an additional 120 shares during the period. 17.31% of the stock is owned by hedge funds and other institutional investors.

Thomson Reuters Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 8th. Shareholders of record on Wednesday, February 21st were issued a $0.54 dividend. This represents a $2.16 annualized dividend and a yield of 1.42%. 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 dividend payout ratio is presently 36.99%.

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.