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

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$93.20 +0.11 (+0.12 %)
(As of 02/19/2019 01:54 PM ET)
Previous Close$93.09
Today's Range$92.14 - $93.52
52-Week Range$75.96 - $115.61
Volume402,050 shs
Average Volume1.30 million shs
Market Capitalization$20.63 billion
P/E Ratio13.85
Dividend Yield2.41%
Beta1.05
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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.66 billion
Cash Flow$7.5958 per share
Book Value$43.48 per share

Profitability

Net Income$1.56 billion

Miscellaneous

Employees18,800
Market Cap$20.63 billion
OptionableOptionable

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, January 22nd. Shareholders of record on Friday, March 8th will be paid a dividend of $0.60 per share on Monday, April 1st. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.58%. The ex-dividend date of this dividend is Thursday, March 7th. This is an increase from Northern Trust's previous quarterly dividend of $0.55. View Northern Trust's Dividend History.

How will Northern Trust's stock buyback program work?

Northern Trust declared that its board has initiated a share buyback plan on Tuesday, July 17th 2018, which allows the company to repurchase 25,000,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company's management believes its stock is undervalued.

How were Northern Trust's earnings last quarter?

Northern Trust Co. (NASDAQ:NTRS) issued its quarterly earnings data on Wednesday, January, 23rd. The asset manager reported $1.82 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.63 by $0.19. The asset manager had revenue of $1.52 billion for the quarter, compared to analysts' expectations of $1.49 billion. Northern Trust had a net margin of 23.37% and a return on equity of 16.62%. The company's quarterly revenue was up 5.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.51 EPS. 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 Tuesday, April 16th 2019. View Earnings Estimates for Northern Trust.

What price target have analysts set for NTRS?

17 equities research analysts have issued 12 month price objectives for Northern Trust's shares. Their predictions range from $84.89 to $126.00. On average, they anticipate Northern Trust's share price to reach $111.1138 in the next twelve months. This suggests a possible upside of 19.4% from the stock's current price. View Analyst Price Targets for Northern Trust.

What is the consensus analysts' recommendation for Northern Trust?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Northern Trust in the last year. There are currently 2 sell ratings, 8 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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. Vining Sparks analysts commented, "We believe, as NTRS’ fundamental improvement continues to be paired with an acceleration in capital deployment; it should be able to improve its profitability by over another full percentage point in 2019E. As this improvement is realized, NTRS could create more than a 30% total shareholder return for investors over the next 12 months from a revaluation in its price-to-tangible book value toward 275% to reflect profitability enhancements, a 3% growth in 2.4% dividend yield." (1/23/2019)
  • 2. According to Zacks Investment Research, "Shares of Northern Trust have underperformed the industry in the past six months. Earnings estimates have been going downward ahead of the company’s fourth quarter results. Yet, the company has an impressive earnings surprise history, surpassing the Zacks Consensus Estimate in three of the trailing four quarters. Northern Trust continues to benefit from its strong wealth management operations, along with diversified products. 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. Moreover, elevated non-performing assets remain concerns. Also, stretched valuation indicates limited upside potential in the stock." (1/14/2019)

Has Northern Trust been receiving favorable news coverage?

Media headlines about NTRS stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Northern Trust earned a media sentiment score of 0.9 on InfoTrie's scale. They also assigned news stories about the asset manager a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

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, Chairman, Pres & CEO (Age 53)
  • Mr. Stephen Biff Bowman, Exec. VP & CFO (Age 55)
  • Mr. Steven L. Fradkin, Exec. VP & Pres of Wealth Management (Age 57)
  • Mr. Robert Patrick Browne, Exec. VP & Chief Investment Officer (Age 54)
  • Ms. Aileen B. Blake, Exec. VP, Controller & Principal Accounting Officer (Age 51)

Who are Northern Trust's major shareholders?

Northern Trust's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.35%), Northern Trust Corp (3.08%), Geode Capital Management LLC (1.33%), Mackenzie Financial Corp (0.80%), Bank of New York Mellon Corp (0.79%) and Confluence Investment Management LLC (0.55%). 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, 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 major investors are selling Northern Trust stock?

NTRS stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Victory Capital Management Inc., Robeco Institutional Asset Management B.V., Great West Life Assurance Co. Can, Bank of America Corp DE, Bank of Montreal Can, State of Tennessee Treasury Department and Amundi Pioneer Asset Management Inc.. Company insiders that have sold Northern Trust company stock in the last year include Aileen B Blake, Biff Bowman, Clair Joyce St, Jana R Schreuder, Jeffrey D Cohodes, Peter Cherecwich, Robert P Browne, Stephen N Potter, Susan Gillian Pembleton, Teresa Parker and William L Morrison. View Insider Buying and Selling for Northern Trust.

Which major investors are buying Northern Trust stock?

NTRS stock was bought by a variety of institutional investors in the last quarter, including Eaton Vance Management, Empire Life Investments Inc., Cerity Partners LLC, BlackRock Inc., Geode Capital Management LLC, Nuveen Asset Management LLC, Massachusetts Financial Services Co. MA and Squarepoint Ops 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 $93.03.

How big of a company is Northern Trust?

Northern Trust has a market capitalization of $20.60 billion and generates $6.66 billion in revenue each year. The asset manager earns $1.56 billion in net income (profit) each year or $6.73 on an earnings per share basis. Northern Trust employs 18,800 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:  284 (Vote Outperform)
Underperform Votes:  744 (Vote Underperform)
Total Votes:  1,028
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 2/19/2019 by MarketBeat.com Staff

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