NEW YORK — T. Rowe Price (TROW) closed at $101.37, up 1.76 percent, outpacing the S&P 500's 0.3 percent gain but trailing the Dow Jones' 1.1 percent rise.
Over the past month, TROW shares fell 2.71 percent, outperforming the Finance sector's 3.99 percent decline but lagging the S&P 500's 1.41 percent gain.
The company reports earnings Oct. 29. Zacks Consensus Estimate projects Q3 EPS of $2.59, down 7.83 percent from the year-ago quarter, with revenue forecast at $1.95 billion, up 3.22 percent.
For full-year 2026, analysts expect EPS of $10.10, up 3.91 percent, and revenue of $7.68 billion, up 4.96 percent.
The Zacks Consensus EPS estimate declined 0.68 percent over the past 30 days. TROW holds a Zacks Rank of #3 (Hold), indicating market-in-line near-term performance expectations.
Valuation-wise, TROW trades at a forward P/E of 9.87, a discount to the Financial-Investment Management industry average of 10.21. However, the stock's PEG ratio of 4.33 sits well above the industry average of 1.03, reflecting modest earnings growth relative to valuation.
The Financial-Investment Management industry ranks 183rd out of 250-plus Zacks Industry Groups, placing it in the bottom 26 percent.
