How to Buy Thomson Reuters Stock
Thomson Reuters Corp
Thomson Reuters is a specialty business service company located in Ontario, Canada, which is part of the Industrials sector, and is traded under the ticker TRI on the NASDAQ exchange.
Thomson Reuters stock last closed at $182.26, up 1.17% from the previous day, and has increased 19.13% in one year. It has overperformed other stocks in the Specialty Business Services industry by 0.43 percentage points. Thomson Reuters stock is currently +21.67% from its 52-week low of $149.80, and -1% from its 52-week high of $184.11.
There are currently 450.01M TRI shares outstanding. The market value of TRI is $82.02B. In the past 24 hours, 678,973 TRI shares were traded.
How to Buy Thomson Reuters Stock
Not sure how to invest in Thomson Reuters stock? Here's how.
- Figure out where to buy Thomson Reuters stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you choose where to buy Thomson Reuters stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Pick your payment method and add your information.
- Analyze Thomson Reuters stock: The Thomson Reuters ticker symbol is TRI. Is Thomson Reuters stock a good investment? Should you buy shares of TRI? How do TRI's underlying business fundamentals look? Do top analysts think Thomson Reuters is a good buy? Why has TRI's stock price moved recently? (Hint: Our stock market research website can help you evaluate if TRI is a good stock to buy).
- Place your TRI trade: Decide if you will purchase TRI shares at the current market price or use a limit order to purchase TRI shares at a particular price.
- Keep tabs on your investment in TRI: Create a watchlist to key updates about your investment in Thomson Reuters stock.
Step 1: Figure out where to buy Thomson Reuters stock
You need a brokerage account to access the NASDAQ market and buy TRI shares.
Our recommended brokerage: eToro
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Get $10 towards your share purchase by creating an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Open your brokerage account
Now that you've selected the right brokerage, you'll need to fill out some personal info so you are able to invest in TRI today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to create your new brokerage account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've opened your account on the best stock trading app, you can securely and quickly fund your account:
Watch the tutorial below if you need help depositing funds into your investment account.
Step 4: Analyze Thomson Reuters stock
Once you have chosen the best place to buy Thomson Reuters stock, it's absolutely critical to evaluate their stock before you invest, so you actually wrap your head around the risk and upside.
Thomson Reuters quick stats
Fundamentals of Thomson Reuters
WallStreetZen was designed to help average investors do more accurate fundamental analysis quickly.
You can view all of the due diligence checks on TRI's stock page.
What is the fair value of TRI stock?
You can use a variety of different financial metrics, analyses, models, and charts to gauge TRI's fair value.
Using relative valuations metrics:
- TRI may be undervalued based on its P/E ratio of 37.27x, relative to Specialty Business Services industry P/E ratio of 37.9x
- TRI may be overvalued based on its P/B ratio of 6.83x, relative to Specialty Business Services industry P/B ratio of 5.11x
You can access more valuation research on TRI's stock here.
A look at TRI Cashflows and Balance Sheet
Positive Financial Indicators:
- Total TRI debt is lower than 5 years ago, relative to shareholder equity.
- TRI earnings of $2.21B is not enough to cover its interest payments.
- TRI's operating cash flow of $2.46B allows it to safely service it's debt of $3.17B.
- There are more short-term assets than long-term liabilities on the TRI balance sheet.
- There are more short-term assets than short-term liabilities on the TRI balance sheet.
Negative Financial Indicators:
- TRI has a relatively high debt to equity ratio of 0.54.
- TRI profit margin has gone down from 39.7% to 30.4% in the past year.
Do Wall Street analysts think it's a good time to buy TRI stock
Out of 3 sell side analysts who monitor TRI, the consensus analyst rating on Thomson Reuters is a Hold
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Thomson Reuters stock forecast page.
TRI Trading Indicators
TRI Growth Numbers
Last year, TRI earnings were $2.21B. In the last five year, TRI's earnings have increased by 8.6% per year. This was slower than the Specialty Business Services industry average of 12.26%.
Last year, TRI revenue was $7.26B. During the past five year, TRI's revenue has grown by 4.21% per year. This was slower than the Specialty Business Services industry average of 9.23%.
Learn more about TRI's earnings and revenue performance here.
Who is buying/selling TRI?
In the last 12 months, executives and large shareholders at TRI have not bought or sold any shares.
Research more about who owns TRI stock here.
Can I get consistent income from TRI stock?
Thomson Reuters pays a dividend of 1.22%, compared to the Specialty Business Services industry's average dividend yield of 2.05%. If you owned $1,000 of TRI stock, you would have received $12.15 last year.
Thomson Reuters dividend payments have consistently grown over the past decade but have not remained stable.
Get more info about Thomson Reuters dividend yield and history here.
What do other traders have to say about TRI?
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Place your TRI trade
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly the best for newer investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific price limit, place a limit order.
Press the Open button and eToro will place the order.
If you want more help investing in stocks on eToro, click the how to video below:
Step 6: Keep tabs on your investment in TRI
Now that you own some TRI stock, you'll want to stay up-to-date on your new investment.
Put TRI on a watchlist to track your TRI stock.
TRI Feed
How to Buy Stock in Thomson Reuters
To summarize, here are the 6 steps you need to take to buy Thomson Reuters stock right now:
- Figure out where to buy Thomson Reuters stock
- Open your brokerage account
- Put funds into your investment account
- Analyze Thomson Reuters stock
- Place your TRI trade
- Keep tabs on your investment in TRI
If you need a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to monitor your new investment in Thomson Reuters, create a watchlist today.
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