PRTAX Company Profile and Key Details

T. Rowe Price Tax-Free Income Fd (NASDAQ:PRTAX) closed at $9.04 USD, losing -$0.08 (-0.88%) from the previous close of $9.12. The stock is currently trading near its 52-week low $9.04 and $9.53. With a market capitalization of about $2.26 billion, T. Rowe Price Tax-Free Income Fd is classified as a mid-cap and shows market-like volatility (beta ~1.06). Headquartered in Baltimore, MD, T. Rowe Price Tax-Free Income Fd operates in the Financial Services sector and the Asset Management - Income industry. This fund is structured so that, under normal circumstances, at least 80% of the income it generates is exempt from federal income taxation.

T. Rowe Price Tax-Free Income Fd last paid a dividend of 0.36 per share, Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $0.09. This means the shares are trading above this model’s fair value.

Our AI price prediction model suggests that T. Rowe Price Tax-Free Income Fd stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term.

Valuation shows T. Rowe Price Tax-Free Income Fd trading at a premium to the broader market with a P/E of 20.73.

T. Rowe Price Tax-Free Income Fd trades at a P/E ratio of 20.73, slightly below the S&P 500 average, with a price-to-sales ratio of 581.43 and a price-to-book ratio of 26.33 reflecting a rich premium to book value. The P/FCF stands at 52.58, also below market averages. Compared to sector medians, T. Rowe Price Tax-Free Income Fd P/S is trading rich, and the P/B is far higher than peers, underscoring the brand and earnings power premium investors assign to the stock.