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Sunday, December 3, 2023

Analyst Expects Thomson-Reuters Corp (NYSE: TRI) To Make Big Moves

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Thomson-Reuters Corp (TRI) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.13, or -0.11%, to $122.11. The Thomson-Reuters Corp has recorded 26,265 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Thomson Reuters unveils generative AI strategy designed to transform the future of professionals.

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Stocks Info

As a NYSE listed company, TRI falls under the Industrials sector while operating within the Specialty Business Services industry segment. The current market capitalization of Thomson-Reuters Corp is $55.66B. A total of 0.8 million shares were traded on the day, compared to an average of 292.70K shares.


Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Thomson-Reuters Corp pays an annual dividend of $1.97, resulting in a dividend yield of 1.61%, and it has a price to earnings (P/E) ratio of 26.90. TRI’s most recent ex-dividend date was 8/16/2023 when it declared a $0.49 quarterly dividend that was paid in cash on 9/15/2023. Previously, the company paid the dividend on 6/15/2023 with an ex-dividend date of 5/17/2023. The TRI stock dividend was $0.3620 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for TRI in the last 3 months, the mean price target is $137.57 with high estimates of $166.00 and low estimates of $115.00. In terms of 52-week highs and lows, TRI has a high of $138.85 and a low of $100.56.

As of this writing, TRI has an earnings estimate of $Tritium DCFC Limited per share for the current quarter. EPS was calculated based on a consensus of Trimble Inc. estimates, with a high estimate of $United Rentals, Inc. per share and a lower estimate of $Tetra Technologies, Inc.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. TRI’s latest balance sheet shows that the firm has $886.00M in Cash & Short Term Investments as of fiscal 2021. There were $3.79B in debt and $2.58B in liabilities at the time. Its Book Value Per Share was $24.67, while its Total Shareholder’s Equity was $13.83B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TRI is Buy with a score of 3.40.

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