T. Rowe Price Group, Inc. is a Baltimore-based asset manager with a market cap of $22.6 billion. It is set to announce its third-quarter results on Oct. 31, with analysts expecting a non-GAAP profit of $2.49 per share, slightly down from the year-ago quarter.

Analysts project TROW to have a non-GAAP EPS of $9.38 for fiscal 2025, up from $9.33 in 2024. Earnings are expected to grow by 6.9% to $10.03 per share in fiscal 2026.

TROW stock prices have dropped 6.4% over the past 52 weeks, outperforming the Financial Select Sector SPDR Fund and the S&P 500 Index. Following mixed Q2 results, stock prices inched up by 1.6%.

Analysts are cautious about TROW’s stock prospects, with a consensus “Hold” rating. Of the 14 analysts covering the stock, opinions include one “Strong Buy,” eight “Holds,” one “Moderate Sell,” and four “Strong Sells.” The stock is trading slightly below its mean price target of $106.92.

Read more at Yahoo Finance: Here’s What to Expect From T. Rowe Price Group’s Next Earnings Report