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

$87.00
+1.51 (+1.77 %)
(As of 08/18/2019 09:16 AM ET)
Today's Range
$85.52
Now: $87.00
$87.32
50-Day Range
$85.51
MA: $92.33
$99.66
52-Week Range
$75.96
Now: $87.00
$109.72
Volume772,000 shs
Average Volume1.24 million shs
Market Capitalization$18.70 billion
P/E Ratio12.93
Dividend Yield2.81%
Beta1.16
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. Read More…

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$9.8083 per share
Book Value$46.18 per share

Profitability

Net Income$1.56 billion

Miscellaneous

Employees18,800
Market Cap$18.70 billion
Next Earnings Date10/16/2019 (Estimated)
OptionableOptionable

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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 announced a quarterly dividend on Tuesday, July 23rd. Stockholders of record on Friday, September 13th will be given a dividend of $0.70 per share on Tuesday, October 1st. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.22%. The ex-dividend date of this dividend is Thursday, September 12th. This is a positive change from Northern Trust's previous quarterly dividend of $0.60. 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 program 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 repurchase shares of its stock through open market purchases. Shares repurchase programs are typically 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) posted its earnings results on Wednesday, July, 24th. The asset manager reported $1.75 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.68 by $0.07. The asset manager had revenue of $1.51 billion for the quarter, compared to analysts' expectations of $1.51 billion. Northern Trust had a return on equity of 15.74% and a net margin of 22.20%. Northern Trust's revenue for the quarter was down .1% on a year-over-year basis. During the same period last year, the company posted $1.68 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, October 16th 2019. View Earnings Estimates for Northern Trust.

What price target have analysts set for NTRS?

15 Wall Street analysts have issued twelve-month target prices for Northern Trust's shares. Their forecasts range from $85.00 to $131.00. On average, they anticipate Northern Trust's share price to reach $105.7638 in the next year. This suggests a possible upside of 21.6% from the stock's current price. View Analyst Price Targets for Northern Trust.

What is the consensus analysts' recommendation for Northern Trust?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Northern Trust in the last year. There are currently 3 sell ratings, 6 hold ratings and 6 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. According to Zacks Investment Research, "Shares of Northern Trust have outperformed the industry in the past three months. Also, the company has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in three of the trailing four quarters. First-quarter results reflected high revenues, strong capital position and improved credit metrics. However, rising operating expenses and lower fee income were on the downside. Northern Trust continues to gain from its strong wealth-management operations, along with diversified products. Also, higher interest rates are expected to ease margin pressure and support its top line. Further, its impressive capital-deployment activities continue to enhance shareholders’ confidence. However, despite undertaking cost-saving measures, mounting expenses continue to hurt the company's financials. Moreover, declining loans balance puts the top line under pressure." (5/17/2019)
  • 2. 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)

Has Northern Trust been receiving favorable news coverage?

Media headlines about NTRS stock have trended negative on Sunday, according to InfoTrie. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Northern Trust earned a news impact score of -2.3 on InfoTrie's scale. They also assigned media headlines about the asset manager a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Northern Trust.

Are investors shorting Northern Trust?

Northern Trust saw a increase in short interest during the month of July. As of July 15th, there was short interest totalling 3,412,400 shares, an increase of 11.5% from the June 15th total of 3,061,100 shares. Based on an average daily trading volume, of 1,260,000 shares, the short-interest ratio is currently 2.7 days. Approximately 1.6% of the shares of the stock are sold short. 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), Exxon Mobil (XOM), Intel (intc), Walt Disney (DIS), General Electric (GE), 3M (MMM), AT&T (T), Bristol-Myers Squibb (bmy), Goldman Sachs Group (GS) and NVIDIA (NVDA).

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. Peter B. Cherecwich, Pres of Corp. & Institutional Services (Age 54)
  • Mr. Robert Patrick Browne CFA, Exec. VP & Chief Investment Officer (Age 54)

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 Vanguard Group Inc. (7.37%), BlackRock Inc. (6.49%), Barrow Hanley Mewhinney & Strauss LLC (4.88%), JPMorgan Chase & Co. (3.24%), Northern Trust Corp (3.05%) and Price T Rowe Associates Inc. MD (2.90%). 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, 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 Morgan Stanley, JPMorgan Chase & Co., D. E. Shaw & Co. Inc., Northern Trust Corp, Eaton Vance Management, Caisse DE Depot ET Placement DU Quebec, Bank of New York Mellon Corp and NN Investment Partners Holdings N.V.. Company insiders that have sold Northern Trust company stock in the last year include Biff Bowman, Robert P Browne, Stephen N Potter and Teresa Parker. View Insider Buying and Selling for Northern Trust.

Which institutional investors are buying Northern Trust stock?

NTRS stock was bought by a variety of institutional investors in the last quarter, including Barrow Hanley Mewhinney & Strauss LLC, Amundi Pioneer Asset Management Inc., Nuveen Asset Management LLC, Nuance Investments LLC, Price T Rowe Associates Inc. MD, Invesco Ltd., Royal Bank of Canada and Bank of America Corp DE. 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 $87.00.

How big of a company is Northern Trust?

Northern Trust has a market capitalization of $18.70 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.View Additional Information About Northern Trust.

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:  315 (Vote Outperform)
Underperform Votes:  790 (Vote Underperform)
Total Votes:  1,105
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 8/18/2019 by MarketBeat.com Staff

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