NASDAQ:NTRS - Northern Trust Stock Price, News, & Analysis

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$91.08 -0.85 (-0.92 %)
(As of 10/23/2018 04:00 PM ET)
Previous Close$91.93
Today's Range$88.8750 - $91.75
52-Week Range$88.87 - $115.61
Volume1.84 million shs
Average Volume1.19 million shs
Market Capitalization$20.80 billion
P/E Ratio18.86
Dividend Yield2.36%
Beta0.94
Northern Trust Corporation, a financial holding company, provides asset servicing, fund administration, asset management, fiduciary, and banking solutions for corporations, institutions, families, and individuals worldwide. It operates through Corporate & Institutional Services (C&IS) and Wealth Management segments. The C&IS segment offers asset servicing and related services, including global custody, fund administration, investment operations outsourcing, investment management, investment risk and analytical services, employee benefit services, securities lending, foreign exchange, treasury management, brokerage services, transition management services, banking, and cash management services. This segment provides services to corporate and public retirement funds, foundations, endowments, fund managers, insurance companies, sovereign wealth funds, and other institutional investors. The Wealth Management segment offers trust, investment management, custody, and philanthropic services; financial consulting; guardianship and estate administration; family business consulting; family financial education; brokerage services; and private and business banking. This segment serves high-net-worth individuals and families, business owners, executives, professionals, retirees, and established privately-held businesses. The company also provides asset management services, such as active, passive, and engineered equity; active and passive fixed income; cash management; alternative asset classes comprising private equity and hedge funds of funds; and multi-manager advisory services and products through separately managed accounts, bank common and collective funds, registered investment companies, exchange traded funds, non-U.S. collective investment funds, and unregistered private investment funds. In addition, it offers overlay services and other risk management services. Northern Trust Corporation was founded in 1889 and is based in Chicago, Illinois.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryAsset Management & Custody Banks
SectorFinance
Current SymbolNASDAQ:NTRS
Previous Symbol
CUSIP66585910
Phone312-630-6000

Debt

Debt-to-Equity Ratio0.36
Current Ratio0.65
Quick Ratio0.66

Price-To-Earnings

Trailing P/E Ratio18.86
Forward P/E Ratio13.78
P/E Growth1.19

Sales & Book Value

Annual Sales$5.72 billion
Price / Sales3.56
Cash Flow$7.3274 per share
Price / Cash12.43
Book Value$41.04 per share
Price / Book2.22

Profitability

EPS (Most Recent Fiscal Year)$4.83
Net Income$1.20 billion
Net Margins23.28%
Return on Equity15.75%
Return on Assets1.11%

Miscellaneous

Employees18,100
Outstanding Shares223,280,000
Market Cap$20.80 billion
OptionableN/A

Northern Trust (NASDAQ:NTRS) Frequently Asked Questions

What is Northern Trust's stock symbol?

Northern Trust trades on the NASDAQ under the ticker symbol "NTRS."

How often does Northern Trust pay dividends? What is the dividend yield for Northern Trust?

Northern Trust declared a quarterly dividend on Tuesday, October 16th. Stockholders of record on Friday, December 14th will be paid a dividend of $0.55 per share on Tuesday, January 1st. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.42%. The ex-dividend date of this dividend is Thursday, December 13th. View Northern Trust's Dividend History.

How will Northern Trust's stock buyback program work?

Northern Trust announced that its board has approved a share buyback program on Tuesday, July 17th 2018, which allows the company to repurchase 25,000,000 shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company's management believes its shares are undervalued.

How were Northern Trust's earnings last quarter?

Northern Trust Co. (NASDAQ:NTRS) posted its quarterly earnings data on Wednesday, October, 17th. The asset manager reported $1.58 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.61 by $0.03. The asset manager earned $1.48 billion during the quarter, compared to analyst estimates of $1.52 billion. Northern Trust had a return on equity of 15.75% and a net margin of 23.28%. The business's quarterly revenue was up 9.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.20 earnings per share. View Northern Trust's Earnings History.

When is Northern Trust's next earnings date?

Northern Trust is scheduled to release their next quarterly earnings announcement on Wednesday, January 23rd 2019. View Earnings Estimates for Northern Trust.

What price target have analysts set for NTRS?

16 analysts have issued twelve-month price objectives for Northern Trust's shares. Their forecasts range from $105.00 to $130.00. On average, they anticipate Northern Trust's stock price to reach $116.5625 in the next year. This suggests a possible upside of 28.0% from the stock's current price. View Analyst Price Targets for Northern Trust.

What is the consensus analysts' recommendation for Northern Trust?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Northern Trust in the last year. There are currently 7 hold ratings, 8 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Northern Trust.

What are Wall Street analysts saying about Northern Trust stock?

Here are some recent quotes from research analysts about Northern Trust stock:
  • 1. According to Zacks Investment Research, "Shares of Northern Trust have outperformed the industry in the last six months. Further, the company has an impressive earnings surprise history. It surpassed the Zacks Consensus Estimate for earnings in all the trailing four quarters. Northern Trust continues to benefit from its strong wealth management operations, along with diversified products. Further, it continues to enhance shareholders' value through steady capital-deployment activities, reflecting strong capital position. Also, the Fed’s interest rate hikes are expected to further ease margin pressure and support its top line. However, despite undertaking cost-saving measures, mounting expenses continue to hurt the company's financials." (9/19/2018)
  • 2. Vining Sparks analysts commented, "We believe NTRS remains well positioned to continue growing its net interest income (NII) at a double-digit pace YOY while also driving meaningful growth in its core fee revenues. Thus, we believe, as this fundamental improvement in its core earnings is paired with its recently announced acceleration in capital deployment; NTRS should be able to improve its profitability by over another full percentage point over the next 12 months. As this improvement is realized, NTRS should create over 20% total shareholder returns for investors." (7/23/2018)

Who are some of Northern Trust's key competitors?

Who are Northern Trust's key executives?

Northern Trust's management team includes the folowing people:
  • Mr. Michael G. O'Grady, Pres, CEO & Director (Age 52)
  • Mr. Stephen Biff Bowman, Exec. VP & CFO (Age 54)
  • Mr. Steven L. Fradkin, Exec. VP & Pres of Wealth Management (Age 56)
  • Mr. Robert Patrick Browne, Exec. VP & Chief Investment Officer (Age 53)
  • Ms. Aileen B. Blake, Exec. VP, Controller & Principal Accounting Officer (Age 50)

Who are Northern Trust's major shareholders?

Northern Trust's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (0.29%), BTIM Corp. (0.28%), Personal Capital Advisors Corp (0.12%), Davis R M Inc. (0.11%), Chevy Chase Trust Holdings Inc. (0.09%) and Gofen & Glossberg LLC IL (0.08%). Company insiders that own Northern Trust stock include Aileen B Blake, Biff Bowman, Clair Joyce St, Dean M Harrison, Frederick H Waddell, Jana R Schreuder, Jane Karpinski, Jeffrey D Cohodes, Peter Cherecwich, Robert P Browne, Stephen N Potter, Steven L Fradkin, Susan Gillian Pembleton, Teresa Parker, William L Morrison and Wilson Leech. View Institutional Ownership Trends for Northern Trust.

Which institutional investors are selling Northern Trust stock?

NTRS stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Tributary Capital Management LLC, Cornerstone Wealth Management LLC, Cedar Hill Associates LLC, Davis R M Inc., Andra AP fonden, Cookson Peirce & Co. Inc. and DNB Asset Management AS. Company insiders that have sold Northern Trust company stock in the last year include Aileen B Blake, Biff Bowman, Clair Joyce St, Frederick H Waddell, Jana R Schreuder, Jeffrey D Cohodes, Peter Cherecwich, Robert P Browne, Stephen N Potter, Susan Gillian Pembleton, Teresa Parker, William L Morrison and Wilson Leech. View Insider Buying and Selling for Northern Trust.

Which institutional investors are buying Northern Trust stock?

NTRS stock was purchased by a variety of institutional investors in the last quarter, including Seven Eight Capital LP, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Aperio Group LLC, First Hawaiian Bank, Personal Capital Advisors Corp, Rathbone Brothers plc, Chesley Taft & Associates LLC and Denali Advisors LLC. View Insider Buying and Selling for Northern Trust.

How do I buy shares of Northern Trust?

Shares of NTRS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Northern Trust's stock price today?

One share of NTRS stock can currently be purchased for approximately $91.08.

How big of a company is Northern Trust?

Northern Trust has a market capitalization of $20.80 billion and generates $5.72 billion in revenue each year. The asset manager earns $1.20 billion in net income (profit) each year or $4.83 on an earnings per share basis. Northern Trust employs 18,100 workers across the globe.

What is Northern Trust's official website?

The official website for Northern Trust is http://www.northerntrust.com.

How can I contact Northern Trust?

Northern Trust's mailing address is 50 S LASALLE ST, CHICAGO IL, 60603. The asset manager can be reached via phone at 312-630-6000 or via email at [email protected]


MarketBeat Community Rating for Northern Trust (NASDAQ NTRS)

Community Ranking:  1.4 out of 5 (star)
Outperform Votes:  267 (Vote Outperform)
Underperform Votes:  717 (Vote Underperform)
Total Votes:  984
MarketBeat's community ratings are surveys of what our community members think about Northern Trust and other stocks. Vote "Outperform" if you believe NTRS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NTRS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/23/2018 by MarketBeat.com Staff

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