Breaking News Instant updates and real-time market news.

TROW

T. Rowe Price

$97.13

4.5 (4.86%)

08:33
02/13/19
02/13
08:33
02/13/19
08:33

T. Rowe Price raises quarterly dividend 8.6%, hikes share repurchase plan by 10M

The Board declared a quarterly dividend of 76c per share payable March 29 to stockholders of record as of the close of business on March 15. The quarterly dividend rate represents an 8.6% increase over the previous quarterly dividend rate of 70c per share. This will mark the 33rd consecutive year since the firm's initial public offering that the company will have increased its regular annual dividend. The Board also approved a 10M share increase in the company's authorization to repurchase its common stock. This brings the total repurchase authorization to nearly 22.4M shares.

TROW T. Rowe Price
$97.13

4.5 (4.86%)

01/04/19
GSCO
01/04/19
DOWNGRADE
Target $93
GSCO
Neutral
T. Rowe Price downgraded to Neutral from Buy at Goldman Sachs
Goldman Sachs analyst Alexander Blostein downgraded T. Rowe Price (TROW) to Neutral with a $93 price target. The analyst also removed the shares of KKR (KKR) and IntercontinentalExchange (ICE) from his firm's Americas Conviction List, but keeps Buy ratings on both. Blostein continues to view T. Rowe as "one of the strongest active management franchises" in a challenging environment for traditional asset managers, but he believes "risks to the stock are building." Flows are likely to decelerate "meaningfully" as T. Rowe's three-year excess returns in parts on equities and particularly in fixed income are declining and broader retail rotation out of equities remains a risk, the analyst tells investors in a research note.
01/14/19
FBCO
01/14/19
NO CHANGE
Target $107
FBCO
Outperform
T. Rowe Price price target lowered to $107 from $115 at Credit Suisse
Credit Suisse analyst Craig Siegenthaler lowered his price target for T. Rowe Price to $107 from $115 ahead of quarterly results. The analyst reiterates an Outperform rating on the shares.
01/14/19
SBSH
01/14/19
NO CHANGE
SBSH
Citi gets more defensive on Brokers & Asset Managers, downgrades five
Citi analyst Citi analyst William Katz is taking a more defense stance on the traditional Brokers & Asset Managers to reflect what he sees as "weak" fundamentals and "still elevated" consensus estimates. The analyst reduced his target multiples across the group and downgraded Affiliated Managers (AMG) and Brightsphere Investment Group (BSIG) to Neutral from Buy as well as Artisan Partners (APAM), Waddell & Reed (WDR) and Franklin Resources (BEN) to Sell from Neutral. Katz calls Och-Ziff Capital (OZM) and LPL Financial (LPLA) his top ideas and also opened a "30 Day Positive Catalyst Watch" for Carlyle Group (CG) and Legg Mason (LM). The analyst recommends pair trades of Overweight AllianceBernstein (AB), underweight Artisan Partners (APAM), and overweight BlackRock (BLK), underweight T. Rowe Price (TROW).
01/31/19
EVER
01/31/19
UPGRADE
EVER
Outperform
T. Rowe Price upgraded to Outperform from In Line at Evercore ISI

TODAY'S FREE FLY STORIES

AGI

Alamos Gold

$4.87

0.05 (1.04%)

17:31
02/20/19
02/20
17:31
02/20/19
17:31
Earnings
Alamos Gold reports Q4 adjusted EPS 1c, consensus 6c »

Reports Q4 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 21

    Feb

NTR

Nutrien

$54.43

1.075 (2.02%)

17:30
02/20/19
02/20
17:30
02/20/19
17:30
Hot Stocks
Nutrien intends to renew share repurchase program »

Nutrien announced that…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Feb

  • 24

    Feb

  • 27

    Feb

  • 27

    Feb

AKRX

Akorn

$4.03

-0.42 (-9.44%)

, FSNUY

Fresenius SE

$0.00

(0.00%)

17:28
02/20/19
02/20
17:28
02/20/19
17:28
Hot Stocks
Akorn 'strongly contests' Fresenius' proposed amended claims »

Akorn, Inc. (AKRX) said…

AKRX

Akorn

$4.03

-0.42 (-9.44%)

FSNUY

Fresenius SE

$0.00

(0.00%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 28

    Feb

  • 28

    Feb

  • 01

    May

MESO

Mesoblast

$4.28

0.13 (3.13%)

17:26
02/20/19
02/20
17:26
02/20/19
17:26
Earnings
Mesoblast reports 1H19 $44.1M loss versus 1H18 profit of $6.7M »

In the first half FY2019…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 20

    Feb

KODK

Kodak

$3.03

-0.045 (-1.47%)

17:21
02/20/19
02/20
17:21
02/20/19
17:21
Hot Stocks
Kodak names Jim Continenza executive chairman »

The board of directors of…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

MIC

Macquarie Infrastructure

$43.17

-0.2 (-0.46%)

17:20
02/20/19
02/20
17:20
02/20/19
17:20
Hot Stocks
Macquarie Infrastructure sees FY19 EBITDA $610M-$635M vs. $601.9M last year »

Sees FY19 free cash flow…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 21

    Feb

MIC

Macquarie Infrastructure

$43.17

-0.2 (-0.46%)

17:19
02/20/19
02/20
17:19
02/20/19
17:19
Earnings
Macquarie Infrastructure reports Q4 adj. EBITDA $152.4M vs. $159.6M last year »

Reports Q4 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 21

    Feb

CAKE

Cheesecake Factory

$46.42

-0.07 (-0.15%)

17:16
02/20/19
02/20
17:16
02/20/19
17:16
Hot Stocks
Breaking Hot Stocks news story on Cheesecake Factory »

Cheesecake Factory sees…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 20

    Feb

  • 03

    Mar

  • 06

    Mar

CAKE

Cheesecake Factory

$46.42

-0.07 (-0.15%)

17:16
02/20/19
02/20
17:16
02/20/19
17:16
Earnings
Cheesecake Factory sees Q1 adjusted EPS 58c-62c, consensus 61c »

Guidance taken from Q4…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 20

    Feb

  • 03

    Mar

  • 06

    Mar

HTBK

Heritage Commerce

$14.17

0.17 (1.21%)

17:15
02/20/19
02/20
17:15
02/20/19
17:15
Hot Stocks
Heritage Commerce director Robert Moles sells almost 50K shares »

Heritage Commerce…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

CVI

CVR Energy

$42.99

0.325 (0.76%)

17:12
02/20/19
02/20
17:12
02/20/19
17:12
Earnings
CVR Energy reports Q4 EPS 82c, consensus 98c »

Reports Q4 revenue $1.7B,…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 21

    Feb

VMI

Valmont

$139.23

1.56 (1.13%)

17:09
02/20/19
02/20
17:09
02/20/19
17:09
Hot Stocks
Valmont, Prospera Technologies announce partnership »

Valmont Industries and…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 21

    Feb

RGR

Sturm, Ruger

$59.60

0.505 (0.85%)

17:08
02/20/19
02/20
17:08
02/20/19
17:08
Hot Stocks
Sturm, Ruger declares Q4 dividend of 28c per share vs. 21c in Q3 »

The dividend for…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 21

    Feb

RGR

Sturm, Ruger

$59.60

0.505 (0.85%)

17:06
02/20/19
02/20
17:06
02/20/19
17:06
Earnings
Sturm, Ruger reports Q4 adjusted EPS 69c, one estimate 79c »

Reports Q4 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 21

    Feb

SM

SM Energy

$19.70

0.61 (3.20%)

17:05
02/20/19
02/20
17:05
02/20/19
17:05
Hot Stocks
SM Energy sees FY19 total production 45-48 MMBoe »

Sees FY19 lease operating…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 21

    Feb

KREF

KKR Real Estate Finance

$20.21

-0.1 (-0.49%)

17:05
02/20/19
02/20
17:05
02/20/19
17:05
Earnings
KKR Real Estate Finance reports Q4 core EPS 38c, consensus 41c »

Book value was $19.66 per…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 21

    Feb

  • 04

    Jun

SM

SM Energy

$19.70

0.61 (3.20%)

17:04
02/20/19
02/20
17:04
02/20/19
17:04
Earnings
SM Energy sees Q1 total production 10.5-10.9 MMBoe »

Sees Q1 total capital…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 21

    Feb

SM

SM Energy

$19.70

0.61 (3.20%)

17:04
02/20/19
02/20
17:04
02/20/19
17:04
Earnings
SM Energy reports Q4 adjusted EPS (18c), consensus (14c) »

Reports Q4 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 21

    Feb

VVV

Valvoline

$19.86

0.52 (2.69%)

17:04
02/20/19
02/20
17:04
02/20/19
17:04
Hot Stocks
Valvoline enters quick lube joint venture in China with The Master Too »

Valvoline announced that…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

MNKD

MannKind

$1.47

-0.02 (-1.34%)

17:03
02/20/19
02/20
17:03
02/20/19
17:03
Hot Stocks
MannKind to present new positive Afrezza clinical data at ATTD »

MannKind announced…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 26

    Feb

LYFT

Lyft

$0.00

(0.00%)

, UBER

Uber

$0.00

(0.00%)

17:03
02/20/19
02/20
17:03
02/20/19
17:03
Periodicals
Lyft plans roadshow for IPO week of March 18, Reuters says »

Lyft (LYFT) plans to…

LYFT

Lyft

$0.00

(0.00%)

UBER

Uber

$0.00

(0.00%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

EMCF

Emclaire Financial

$30.12

-0.88 (-2.84%)

17:03
02/20/19
02/20
17:03
02/20/19
17:03
Hot Stocks
Emclaire Financial increases quarterly dividend 3.6% »

The board of Emclaire…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Apr

ATR

AptarGroup

$102.12

0.69 (0.68%)

17:01
02/20/19
02/20
17:01
02/20/19
17:01
Earnings
Breaking Earnings news story on AptarGroup »

Aptar sees Q1 EPS…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 21

    Feb

  • 01

    May

CBFV

CB Financial Services

$26.22

0.6 (2.34%)

17:01
02/20/19
02/20
17:01
02/20/19
17:01
Hot Stocks
CB Financial Services raises quarterly dividend 4.3% to 24c from 23c per share »

The dividend will be paid…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

EFX

Equifax

$107.90

-1.37 (-1.25%)

17:01
02/20/19
02/20
17:01
02/20/19
17:01
Earnings
Equifax sees FY19 EPS $5.60-$5.80, consensus $5.86 »

Sees FY19 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 21

    Feb

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.