|Bid||118.75 x 800|
|Ask||121.32 x 800|
|Day's range||115.72 - 121.52|
|52-week range||104.72 - 224.56|
|Beta (5Y monthly)||1.34|
|PE ratio (TTM)||9.83|
|Forward dividend & yield||4.80 (3.95%)|
|Ex-dividend date||14 Jun 2022|
|1y target est||N/A|
With a nearly $2.6 billion cash and investments balance and no long-term debt, interest rate hikes won't hurt the asset manager T. Rowe Price Group (NASDAQ: TROW). The market downturn has caused T. Rowe Price's assets under management (AUM) to fall 11.9% year over year to $1.4 trillion as of May. Adjusted net revenue and non-GAAP (generally accepted accounting principles) diluted earnings per share (EPS) are expected to drop 5.7% and 19.6% year over year in 2022.
T. Rowe Price (TROW) closed at $106.68 in the latest trading session, marking a +0.56% move from the prior day.
It's official: The S&P 500 is in a bear market -- defined as a drop of 20% or more in the index. Since 1950, there have been 11 bear markets in the S&P 500, lasting about one year on average from start to finish. PayPal (NASDAQ: PYPL) operates a massive payments network connecting 392 million consumers with 34 million merchants worldwide.