T Rowe PriceNASDAQ: TROW

T. Rowe Price's performance has been disappointing, with a -4.20% return over 5 years despite a strong bull market. Despite solid financials and a long history of dividend growth, the current dividend growth rate is unsustainable, making TROW less attractive for long-term dividend growth investors. Continuous negative net flows since 2021, especially among U.S. equity retail investors, are a major concern, even if AUM grows due to the bull market.

T. Rowe Price Group, Inc. (NASDAQ:TROW) will hold its Q3 2024 Earnings Conference Call on November 1, 2024, at 8:00 AM ET. The call will feature company representatives including Linsley Carruth, Rob Sharps, Jen Dardis, and Eric Veiel, along with participants from various financial institutions. The conference will be facilitated by Daniel, who will guide the discussion.

TROW's Q3 2024 results show growth in AUM balance and higher revenues. However, the increase in expenses is still a worry.

T. Rowe Price Group, Inc. has a rich history of innovation and achievement, boasting a strong brand and business model that has led to 38 years of continuous dividend growth. The company has a solid balance sheet, a large amount of cash, and high profit margins, which offer strong protection for its stock. Additionally, the growth in assets under management and more money going into retirement accounts allows for potential gains during market upswings.

Dividends are a major advantage of being a shareholder, but identifying a good dividend stock can be challenging. Is T. Rowe Price (TROW) a strong candidate for this?

TROW's results for the third quarter of 2024 are expected to show positive effects from the increase in assets under management (AUM). However, net outflows may have negatively impacted the overall performance.

In addition to looking at analysts' estimates for T. Rowe's (TROW) revenue and earnings, it's important to assess forecasts for some of its main metrics. This will help us understand how the company may have performed in the quarter that ended in September 2024.

T. Rowe (TROW) has the right mix of factors that could lead to a strong earnings report soon. Be ready for the important expectations.

Dividends are a major advantage of being a shareholder, but identifying a good dividend stock can be challenging. Is T. Rowe Price (TROW) a strong contender?