NASDAQ:NTRS

Northern Trust (NTRS) Stock Price, News & Analysis

$83.54
+2.09 (+2.57%)
(As of 04/22/2024 ET)
Today's Range
$81.65
$84.19
50-Day Range
$77.47
$88.92
52-Week Range
$62.44
$89.25
Volume
1.79 million shs
Average Volume
1.52 million shs
Market Capitalization
$17.04 billion
P/E Ratio
18.44
Dividend Yield
3.59%
Price Target
$84.92

Northern Trust MarketRank™ Stock Analysis

Analyst Rating
Hold
2.09 Rating Score
Upside/​Downside
1.6% Upside
$84.92 Price Target
Short Interest
Healthy
1.03% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.02mentions of Northern Trust in the last 14 days
Based on 31 Articles This Week
Insider Trading
Selling Shares
$2.43 M Sold Last Quarter
Proj. Earnings Growth
3.81%
From $6.82 to $7.08 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.03 out of 5 stars

Finance Sector

495th out of 852 stocks

State Commercial Banks Industry

117th out of 179 stocks

NTRS stock logo

About Northern Trust Stock (NASDAQ:NTRS)

Northern Trust Corporation, a financial holding company, provides wealth management, asset servicing, asset management, and banking solutions for corporations, institutions, families, and individuals worldwide. It operates in two segments, Asset Servicing and Wealth Management. The Asset Servicing segment offers asset servicing and related services, including 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 serves 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; financial consulting; guardianship and estate administration; family business consulting; family financial education; brokerage services; and private and business banking services. 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 and passive equity; active and passive fixed income; cash management; muti-asset and 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 and other risk management services. Northern Trust Corporation was founded in 1889 and is headquartered in Chicago, Illinois.

NTRS Stock Price History

NTRS Stock News Headlines

Low Interest Rates Can Help These Commercial Banks Rally Higher
Every cycle brings new opportunities; now that the Federal Reserve (the Fed) is looking to cut interest rates in 2024, the market could be getting ready to shift in a new direction. Banking stocks could be the first to move, as they are tied to the financial pulse of the economy.
Low Interest Rates Can Help These Commercial Banks Rally Higher (NTRS)
Two banking stocks stood out as market favorites as lower interest rates could bring their valuations higher, overpaying for a good thing could be profitable
top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
This Underrated Natural Gas Stock Could Rally Double-Digits Soon
A new commodity cycle is approaching for energy stocks; leading the way in this momentum gauge is the Energy Select Sector SPDR Fund NYSEARCA: XLE. The exchange-traded fund (ETF) outperformed the broader S&P 500 by 2% in the past quarter.
This Underrated Natural Gas Stock Could Rally Double-Digits Soon (NTRS)
As demand for natural gas could make its prices catch up to oil, this stock is the clear choice for institutions to consider buying for double-digit upside
top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
Seaport Global Reaffirms Their Hold Rating on Northern (NTRS)
Northern Trust Stock Slumps on Q1 Profit Miss
Northern Trust Corporation (NTRS)
See More Headlines
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Company Calendar

Last Earnings
10/18/2023
Ex-Dividend for 4/1 Dividend
3/07/2024
Dividend Payable
4/01/2024
Today
4/22/2024
Next Earnings (Estimated)
7/17/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
Asset Management & Custody Banks
Current Symbol
NASDAQ:NTRS
CUSIP
66585910
Employees
23,100
Year Founded
1889

Price Target and Rating

Average Stock Price Target
$84.92
High Stock Price Target
$103.00
Low Stock Price Target
$67.00
Potential Upside/Downside
+1.6%
Consensus Rating
Hold
Rating Score (0-4)
2.09
Research Coverage
11 Analysts

Profitability

Net Income
$1.11 billion
Pretax Margin
10.08%

Debt

Sales & Book Value

Annual Sales
$6.68 billion
Cash Flow
$9.85 per share
Book Value
$53.19 per share

Miscellaneous

Free Float
202,713,000
Market Cap
$17.04 billion
Optionable
Optionable
Beta
1.13

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NTRS Stock Analysis - Frequently Asked Questions

Should I buy or sell Northern Trust stock right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Northern Trust in the last year. There are currently 2 sell ratings, 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" NTRS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NTRS, but not buy additional shares or sell existing shares.
View NTRS analyst ratings
or view top-rated stocks.

What is Northern Trust's stock price target for 2024?

11 analysts have issued twelve-month price objectives for Northern Trust's shares. Their NTRS share price targets range from $67.00 to $103.00. On average, they anticipate the company's stock price to reach $84.92 in the next year. This suggests a possible upside of 1.6% from the stock's current price.
View analysts price targets for NTRS
or view top-rated stocks among Wall Street analysts.

How have NTRS shares performed in 2024?

Northern Trust's stock was trading at $84.38 on January 1st, 2024. Since then, NTRS stock has decreased by 1.0% and is now trading at $83.54.
View the best growth stocks for 2024 here
.

Are investors shorting Northern Trust?

Northern Trust saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 2,060,000 shares, a drop of 16.9% from the March 15th total of 2,480,000 shares. Based on an average trading volume of 1,540,000 shares, the days-to-cover ratio is currently 1.3 days. Currently, 1.0% of the company's shares are short sold.
View Northern Trust's Short Interest
.

When is Northern Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 17th 2024.
View our NTRS earnings forecast
.

How were Northern Trust's earnings last quarter?

Northern Trust Co. (NASDAQ:NTRS) posted its quarterly earnings data on Wednesday, October, 18th. The asset manager reported $1.49 earnings per share for the quarter, missing the consensus estimate of $1.50 by $0.01. The asset manager had revenue of $1.73 billion for the quarter, compared to analysts' expectations of $1.74 billion. Northern Trust had a trailing twelve-month return on equity of 12.57% and a net margin of 7.59%. The company's revenue for the quarter was down 2.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.80 EPS.
Read the conference call transcript
.

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

Northern Trust declared a quarterly dividend on Tuesday, April 16th. Investors of record on Friday, June 7th will be paid a dividend of $0.75 per share on Monday, July 1st. This represents a $3.00 annualized dividend and a yield of 3.59%. The ex-dividend date of this dividend is Friday, June 7th.
Read our dividend analysis for NTRS
.

Is Northern Trust a good dividend stock?

Northern Trust (NASDAQ:NTRS) pays an annual dividend of $3.00 per share and currently has a dividend yield of 3.69%. The dividend payout ratio is 66.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NTRS will have a dividend payout ratio of 42.37% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NTRS.

What is Michael OGrady's approval rating as Northern Trust's CEO?

1,254 employees have rated Northern Trust Chief Executive Officer Michael OGrady on Glassdoor.com. Michael OGrady has an approval rating of 95% among the company's employees. This puts Michael OGrady in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Northern Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Northern Trust investors own include Intel (INTC), Bristol-Myers Squibb (BMY), AT&T (T), AbbVie (ABBV), Exxon Mobil (XOM), Chevron (CVX), JPMorgan Chase & Co. (JPM), Johnson & Johnson (JNJ), Pfizer (PFE) and Costco Wholesale (COST).

Who are Northern Trust's major shareholders?

Northern Trust's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Confluence Investment Management LLC (0.58%), Sumitomo Mitsui Trust Holdings Inc. (0.24%), Raymond James & Associates (0.11%), Reinhart Partners LLC. (0.05%), Chesley Taft & Associates LLC (0.04%) and Thompson Investment Management Inc. (0.04%). Insiders that own company stock include Becerra Jose Luis Prado, Clair Joyce St, Jason J Tyler, Jason J Tyler, Lauren E Allnutt, Michael O'grady, Of The University Of C Regents, Peter Cherecwich, Robert P Browne, Robert P Browne, Shundrawn A Thomas, Shundrawn A Thomas, Steven L Fradkin, Steven L Fradkin, Susan Cohen Levy, Teresa Parker, Thomas A South and Thomas A South.
View institutional ownership trends
.

How do I buy shares of Northern Trust?

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

Does Northern Trust have any subsidiaries?
The following companies are subsidiares of Northern Trust: 50 South Capital Advisors LLC, Admiral Nominees Limited, Arnold Limited, Aviate Global, BEx LLC, Barfield Nominees Limited, Belvedere Advisors LLC, Doyle Administration Limited, Equilend Holdings LLC, Equity Data Science India Private Limited, MFC Company Inc., NT EBT Limited, NT Global Advisors Inc., NT Partnership Rep LLC, NT Property Nominees 1A Limited, NT Property Nominees 1B Limited, NTC-Dormae NMTC Fund LLC, Nelson Representatives Limited, Norlease Inc., Northern CDE 1 LLC, Northern CDE 10 LLC, Northern CDE 2 LLC, Northern CDE 3 LLC, Northern CDE 4 LLC, Northern CDE 5 LLC, Northern CDE 6 LLC, Northern CDE 7 LLC, Northern CDE 8 LLC, Northern CDE 9 LLC, Northern CDE Corporation, Northern Operating Services Asia Inc., Northern Operating Services Private Limited, Northern Operating Solutions Private Limited, Northern Trust (Guernsey) Limited, Northern Trust (Ireland) Limited, Northern Trust Cayman International Ltd., Northern Trust Company of California, Northern Trust Equities Limited, Northern Trust European Holdings Limited, Northern Trust Fiduciary Services (Guernsey) Limited, Northern Trust Fiduciary Services (Ireland) Limited, Northern Trust Fund Managers (Ireland) Limited, Northern Trust Fund Services (Ireland) Limited, Northern Trust GFS Holdings Limited, Northern Trust Global Fund Services Cayman Limited, Northern Trust Global Investments Japan K.K., Northern Trust Global Investments Limited, Northern Trust Global Services SE, Northern Trust Guernsey Holdings Limited, Northern Trust Hedge Fund Services LLC, Northern Trust Holdings Limited, Northern Trust International Fund Administration Services (Guernsey) Limited, Northern Trust International Fund Administration Services (Ireland) Limited, Northern Trust Investments Inc., Northern Trust Investor Services Limited, Northern Trust Management Services (Deutschland) GmbH i.L., Northern Trust Management Services (Ireland) Limited, Northern Trust Management Services Asia Pte. Ltd., Northern Trust Management Services Limited, Northern Trust Nominees (Ireland) Limited, Northern Trust Partners Scotland Limited, Northern Trust Pension Plan (Guernsey) Limited, Northern Trust Pension Trustees (Ireland) Limited, Northern Trust Securities Inc., Northern Trust Securities LLP, Northern Trust Services Inc., Nortrust Nominees Limited, Nortrust Realty Management Inc., Omnium LLC, Parilux, Parilux Investment Technology LLC, TNT-APF NMTC Fund LLC, TNT-BH NMTC Fund LLC, TNT-CASFV NMTC Fund LLC, TNT-Clinica Tepeyac NMTC Fund LLC, TNT-Colorado Coalition NMTC Fund LLC, TNT-DHA NMTC Fund LLC, TNT-Eastside NMTC Fund LLC, TNT-GLCAC NMTC Fund LLC, TNT-GNG NMTC Fund LLC, TNT-Guadalupe NMTC Fund LLC, TNT-HCCH NMTC Fund LLC, TNT-HHO NMTC Fund LLC, TNT-HW 1 NMTC Fund LLC, TNT-HopeWorks NMTC Fund LLC, TNT-IndieDwell NMTC Fund LLC, TNT-Indigo NMTC Fund LLC, TNT-JT NMTC Fund LLC, TNT-Jewel NMTC Fund LLC, TNT-Live6 NMTC Fund LLC, TNT-ML NMTC Fund LLC, TNT-Marygrove NMTC Fund LLC, TNT-New Legacy NMTC Fund LLC, TNT-Overtown NMTC Fund LLC, TNT-PBSA NMTC Fund LLC, TNT-RWA NMTC Fund LLC, TNT-Student U NMTC Fund LLC, TNT-WBP NMTC Fund LLC, The Northern Trust Company, The Northern Trust Company Canada, The Northern Trust Company UK Pension Plan Limited, The Northern Trust Company of Delaware, The Northern Trust Company of Hong Kong Limited, The Northern Trust Company of Nevada, The Northern Trust Company of Saudi Arabia (a closed joint stock company), The Northern Trust International Banking Corporation, The Northern Trust Scottish Limited Partnership, Truchot Limited, and Vivian Limited.
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This page (NASDAQ:NTRS) was last updated on 4/22/2024 by MarketBeat.com Staff

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