Wall Street analyst estimates for Thomson Reuters Corporation (TRI): consensus price target and buy/hold/sell recommendations.
Thomson Reuters Corporation delivers essential business information services worldwide, with operations spanning the Americas, Europe, the Middle East, Africa, and the Asia Pacific region. The company is structured into five distinct divisions: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print.
Consensus price target
$118.00 (-4 % vs price $123.17)
between $85.00 and $135.00 · 3 targets published in the last quarter
Closing price, Oct 29
A twelve-month target is not a fair value: compare it with the range in the Valuation tab.
Analyst Consensus
| Strong Buy | 0 |
| Buy | 14 |
| Hold | 10 |
| Sell | 3 |
| Strong Sell | 0 |
| Total analysts | 27 |
| Avg rating (−2 sell to +2 buy) | 0.41 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-11-03 | $0.89 | ||
| 2026-08-05 | $0.99 | $0.96 | +3.1% |
| 2026-05-05 | $1.23 | $1.18 | +4.2% |
| 2026-02-05 | $1.07 | $1.09 | -1.8% |
| 2025-11-04 | $0.85 | $0.81 | +4.9% |
| 2025-08-06 | $0.87 | $0.83 | +4.8% |
| 2025-05-01 | $1.12 | $1.06 | +5.7% |
| 2025-02-06 | $1.01 | $0.97 | +4.1% |
Valuation Ratios
| P/E Ratio | 32.93 |
| Price / Book | 4.59 |
| EV / EBITDA | 16.06 |
| Dividend Yield | 3.44% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.17B | $5.30B | $5.50B | $5.91B | $5.98B | $6.35B | $6.63B | $6.79B | $7.26B | $7.48B |
| Cost of Revenue | $2.02B | $864.0M | $1.04B | $1.41B | $1.16B | $1.58B | $1.58B | $1.56B | $1.79B | $1.81B |
| Gross Profit | $9.15B | $4.43B | $4.46B | $4.50B | $4.83B | $4.77B | $5.04B | $5.23B | $5.47B | $5.67B |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | $6.19B | $2.84B | $2.74B | $2.67B | $2.52B | $2.75B | $2.67B | $2.53B | $2.66B | $2.72B |
| Operating Expenses | $7.76B | $3.40B | $3.68B | $3.30B | $2.90B | $3.52B | $3.21B | $2.90B | $3.36B | $3.68B |
| Operating Income | $1.39B | $1.03B | $780.0M | $1.20B | $1.93B | $1.24B | $1.83B | $2.33B | $2.11B | $1.99B |
| EBITDA | $3.00B | $1.48B | $1.45B | $1.90B | $2.76B | $2.02B | $3.01B | $2.95B | $3.05B | $3.05B |
| Interest Expense | $347.8M | $343.9M | $252.4M | $186.2M | $189.5M | $186.3M | $185.4M | $215.9M | $168.5M | $183.0M |
| Pre-tax Income | $1.04B | $503.0M | $300.0M | $372.0M | $1.22B | $7.29B | $1.65B | $3.06B | $2.07B | $1.91B |
| Income Tax | -$15.0M | -$134.0M | $136.0M | -$1.20B | $71.0M | $1.61B | $259.0M | $417.0M | -$123.0M | $423.0M |
| Net Income | $3.10B | $1.40B | $3.93B | $1.56B | $1.12B | $5.69B | $1.34B | $2.69B | $2.21B | $1.50B |
| EPS | $1.53 | $2.21 | $0.11 | $3.19 | $2.40 | $11.42 | $2.65 | $5.91 | $4.89 | $3.40 |
| EPS (Diluted) | $1.53 | $2.21 | $0.11 | $3.18 | $2.39 | $11.40 | $2.64 | $5.90 | $4.89 | $3.40 |
| Shares Outstanding (Diluted) | 655.5 M | 630.3 M | 644.1 M | 502.5 M | 498.0 M | 494.5 M | 484.9 M | 464.0 M | 451.2 M | 449.5 M |
Price
| Price | $123.17 (closing price, October 29, 2026) |
| Market Cap | $53.4B |
| Exchange | NASDAQ |
| Country | CA |
Related companies: NWS · SPGI · MCO · RELX · MSCI
Explore sector: Industrials · Specialty Business Services
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