TRI stock icon

Thomson Reuters
TRI

$165
0.6%

Market Cap: 74.2B

 

About: Thomson Reuters is the result of the $17.6 billion megamerger of Canada's Thomson and the United Kingdom's Reuters Group in 2008. In 2021, Thomson Reuters completed the sale of Refinitiv to LSE Group. Thomson Reuters' three largest segments are its legal professionals, Tax and accounting, and corporates segments. Legal professionals is about 42% of the firm's revenue and 47% of the firm's adjusted EBITDA. Tax and accounting makes up about 20%-25% of the firm's revenue and EBITDA. Corporates, which consists of legal professionals and tax and accounting products sold to corporations, also makes up about 20%-25% of the firm's revenue and EBITDA. Thomson Reuters' smaller segments include its Reuters news business and global print business.

Employees: 25,600

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 11 analysts
0
News positive %
of 5 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

706% more call options, than puts

Call options by funds: $58.5M | Put options by funds: $7.26M

40% more first-time investments, than exits

New positions opened: 59 | Existing positions closed: 42

4% more funds holding

Funds holding: 429 [Q4 2023] → 446 (+17) [Q1 2024]

1% more capital invested

Capital invested by funds: $12.9B [Q4 2023] → $13B (+$160M) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 4 [Q4 2023] → 4 (+0) [Q1 2024]

0.59% less ownership

Funds ownership: 11.66% [Q4 2023] → 11.08% (-0.59%) [Q1 2024]

10% less repeat investments, than reductions

Existing positions increased: 144 | Existing positions reduced: 160

Research analyst outlook

11 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$149
10%
downside
Avg. target
$164
1%
downside
High target
$190
15%
upside

11 analyst ratings

positive
27%
neutral
73%
negative
0%
UBS
Kevin Mcveigh
15%upside
$190
Buy
Maintained
3 May 2024
Canaccord Genuity
Aravinda Galappatthige
5%downside
$156
Hold
Maintained
3 May 2024
Scotiabank
Maher Yaghi
1%downside
$164
Sector Perform
Maintained
3 May 2024
JP Morgan
Andrew Steinerman
1%downside
$163
Neutral
Maintained
3 May 2024
CIBC
Robert Bek
8%downside
$152
Neutral
Maintained
14 Mar 2024

Financial journalist opinion

Based on 5 articles about TRI published over the past 30 days