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NASDAQ:NTRSNorthern Trust Stock Price, Forecast & News

$73.88
-0.06 (-0.08 %)
(As of 05/22/2020 04:00 PM ET)
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Today's Range
$72.91
Now: $73.88
$74.21
50-Day Range
$70.25
MA: $77.40
$84.89
52-Week Range
$60.67
Now: $73.88
$110.48
Volume1.07 million shs
Average Volume1.06 million shs
Market Capitalization$15.37 billion
P/E Ratio11.04
Dividend Yield3.79%
Beta1.09
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, Corporate & Institutional Services (C&IS) and Wealth Management. The C&IS 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; 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. The company was founded in 1889 and is headquartered in Chicago, Illinois.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.0Community Rank: 1.5Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.31 out of 5 stars


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$6.90 billion
Cash Flow$9.51 per share
Book Value$48.04 per share

Profitability

Net Income$1.49 billion

Miscellaneous

Employees19,800
Market Cap$15.37 billion
Next Earnings Date7/22/2020 (Estimated)
OptionableOptionable

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Northern Trust (NASDAQ:NTRS) Frequently Asked Questions

How has Northern Trust's stock been impacted by COVID-19 (Coronavirus)?

Northern Trust's stock was trading at $71.47 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, NTRS shares have increased by 3.4% and is now trading at $73.88. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Northern Trust?

12 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Northern Trust.

When is Northern Trust's next earnings date?

Northern Trust is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Northern Trust.

How were Northern Trust's earnings last quarter?

Northern Trust Co. (NASDAQ:NTRS) issued its earnings results on Tuesday, April, 21st. The asset manager reported $1.55 earnings per share for the quarter, beating analysts' consensus estimates of $1.45 by $0.10. The asset manager earned $1.60 billion during the quarter, compared to the consensus estimate of $1.54 billion. Northern Trust had a net margin of 21.88% and a return on equity of 15.18%. Northern Trust's revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.48 EPS. View Northern Trust's earnings history.

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

Northern Trust announced a quarterly dividend on Tuesday, April 21st. Shareholders of record on Friday, June 12th will be given a dividend of $0.70 per share on Wednesday, July 1st. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.79%. The ex-dividend date of this dividend is Thursday, June 11th. View Northern Trust's dividend history.

How will Northern Trust's stock buyback program work?

Northern Trust declared that its Board of Directors has initiated a share buyback plan on Tuesday, July 17th 2018, which authorizes the company to buyback 25,000,000 shares, according to EventVestor. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares buyback plans are often an indication that the company's board believes its stock is undervalued.

What price target have analysts set for NTRS?

12 analysts have issued 1 year price targets for Northern Trust's stock. Their forecasts range from $65.00 to $113.00. On average, they anticipate Northern Trust's stock price to reach $84.14 in the next twelve months. This suggests a possible upside of 13.9% from the stock's current price. View analysts' price targets for Northern Trust.

Has Northern Trust been receiving favorable news coverage?

News headlines about NTRS stock have trended somewhat negative this week, according to InfoTrie. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Northern Trust earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned news coverage about the asset manager a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days. View the latest news aboutNorthern Trust.

Are investors shorting Northern Trust?

Northern Trust saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 5,550,000 shares, a drop of 12.3% from the April 30th total of 6,330,000 shares. Based on an average daily volume of 1,810,000 shares, the days-to-cover ratio is currently 3.1 days. Currently, 2.7% of the company's shares are short sold. View Northern Trust's Current Options Chain.

Who are some of Northern Trust's key competitors?

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 California Resources (CRC), Intel (INTC), Exxon Mobil (XOM), AT&T (T), Pfizer (PFE), AbbVie (ABBV), Walt Disney (DIS), Bristol-Myers Squibb (BMY), 3M (MMM) and Johnson & Johnson (JNJ).

Who are Northern Trust's key executives?

Northern Trust's management team includes the following 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. Peter B. Cherecwich, Pres of Corp. & Institutional Services (Age 54)
  • Mr. Robert Patrick Browne CFA, Exec. VP & Chief Investment Officer (Age 54)

What is Northern Trust's stock symbol?

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

Who are Northern Trust's major shareholders?

Northern Trust's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.87%), Wellington Management Group LLP (5.33%), State Street Corp (4.32%), JPMorgan Chase & Co. (3.53%), Primecap Management Co. CA (2.20%) and Fiduciary Management Inc. WI (1.73%). Company insiders that own Northern Trust stock include Biff Bowman, Clair Joyce St, Dean M Harrison, Jana R Schreuder, Peter Cherecwich, Robert P Browne, Stephen N Potter, Teresa Parker, Thomas A South and William L Morrison. 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 Mackenzie Financial Corp, Wells Fargo & Company MN, Wellington Management Group LLP, Eaton Vance Management, Morgan Stanley, Nuveen Asset Management LLC, State Street Corp, and BlackRock Inc.. Company insiders that have sold Northern Trust company stock in the last year include Biff Bowman, Peter Cherecwich, Robert P Browne, Teresa Parker, and Thomas A South. View insider buying and selling activity 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 Nuance Investments LLC, Fiduciary Management Inc. WI, Massachusetts Financial Services Co. MA, Kingstown Capital Management L.P., JPMorgan Chase & Co., OLD Republic International Corp, Bank of New York Mellon Corp, and Federated Hermes Inc.. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Northern Trust's stock price today?

One share of NTRS stock can currently be purchased for approximately $73.88.

How big of a company is Northern Trust?

Northern Trust has a market capitalization of $15.37 billion and generates $6.90 billion in revenue each year. The asset manager earns $1.49 billion in net income (profit) each year or $6.63 on an earnings per share basis. Northern Trust employs 19,800 workers across the globe.

What is Northern Trust's official website?

The official website for Northern Trust is 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]

This page was last updated on 5/24/2020 by MarketBeat.com Staff

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