TRRM
NASDAQ:TRRMX
T. Rowe Price Retirement 2050 Fund
- Stock
18.93
+0.11%
0.02
news - Apr 04, 2025 - 14:05
T. Rowe Price Stock Hits 52-Week Low at $91.36 Amid Market Challenges
T. Rowe Price Group Inc. (TROW) stock has reached a 52-week low of $91.36, reflecting significant market challenges and a 24.93% decrease in value over the past year. Despite recent earnings that fell short of expectations, the company maintains strong fundamentals with a 9.8% revenue growth and a market capitalization of $20.38 billion. T. Rowe Price continues to pay dividends consistently, marking the 40th consecutive year of dividend payments. Analysts from Keefe, Bruyette & Woods have raised their price target to $113, despite increased operating expenses projected for 2025.
investing.comDescription
The fund invests in a diversified portfolio of other T. Rowe Price stock and bond mutual funds that represent various asset classes and sectors. Its allocation among T. Rowe Price mutual funds will change over time in relation to its target retirement date. The fund is managed based on the specific retirement year (target date 2050) included in its name and assumes a retirement...Show More