Thomson Reuters Corp Ordinary S (NYSE:TRI):
Thomson Reuters Third-Quarter 2017 Earnings Announcement and Webcast Scheduled for Wednesday, November 1, 2017.
The company is now up by 0.39%% since yesterday’s close of 45.57.
Thomson Reuters Corp Ordinary S recently declared a dividend paid on Friday September 15th, 2017. The dividend payment was $0.345 per share for the quarter which is $1.38 annualized. The dividend yield was $3.03. The ex-dividend date was Tuesday the 15th of August 2017.
Thomson Reuters Corporation provides news and information for professional markets worldwide. It operates through three segments: Financial & Risk, Legal, and Tax & Accounting. The company sells electronic content and services to professionals primarily on a subscription basis. The Financial & Risk segment offers critical news, information, and analytics, as well as enables transactions and connects communities of trading, investment, financial, and corporate professionals. This segment also provides regulatory and operational risk management solutions. The Legal segment offers critical online and print information, decision tools, and software and services to support legal, investigation, business, and government professionals. The Tax & Accounting segment provides integrated tax compliance and accounting information, software, and services for professionals in accounting firms, corporations, law firms, and government. Thomson Reuters Corporation also operates Reuters, which provides real-time multimedia news and information services to newspapers, television and cable networks, radio stations, and Websites. The company was formerly known as The Thomson Corporation and changed its name to Thomson Reuters Corporation in April 2008. Thomson Reuters Corporation was founded in 1799 and is based in Toronto, Canada..
It is trading at $45.75 which is marginally lower than $46.07, the stock’s 50 day moving average and which is marginally higher than the 200 day moving average of $44.78. The 50 day moving average was down by -0.70% whereas the 200 day moving average was up $0.97 or +2.17%.
The most current P/E ratio is 11.24 and the market cap of the company is 32.70B. In the last earnings report the EPS was $4.07 and is expected to be $2.44 for the current year with 714,704,000 shares presently outstanding. Next quarter’s EPS is forecasted at $0.63 and the next full year EPS is projected to be $2.64.
Traders are more bullish on shares of the company lately if you evaluate the motion in short interest. The firm saw a fall in short interest between August 15, 2017 and August 31, 2017 of -13.19%. Short shares decreased from 1,656,377 to 1,437,856 over that timeframe. With short interest at 1,437,856 and short average daily volume at 916,393, days to cover is 2.0 and the percentage of shorted shares was 0.00% on August 31.
A few brokerage analysts have issued ratings on the stock recently. On June 19 the stock rating was upgraded to “Outperform” from “Hold” in a statement from Deutsche Bank. On June 15 the company was upgraded from “Neutral” to “Outperform” in a report from Macquarie.