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

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$89.21 -3.48 (-3.75 %)
(As of 03/22/2019 02:07 PM ET)
Previous Close$92.69
Today's Range$88.46 - $91.93
52-Week Range$75.96 - $115.61
Volume104,820 shs
Average Volume1.24 million shs
Market Capitalization$19.49 billion
P/E Ratio13.25
Dividend Yield2.60%
Beta1.07
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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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$9.3024 per share
Book Value$43.48 per share

Profitability

Net Income$1.56 billion

Miscellaneous

Employees18,800
Market Cap$19.49 billion
Next Earnings Date4/16/2019 (Estimated)
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 given a dividend of $0.60 per share on Monday, April 1st. This represents a $2.40 annualized dividend and a yield of 2.69%. The ex-dividend date of this dividend is Thursday, March 7th. This is a boost 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 of Directors has initiated a share repurchase program on Tuesday, July 17th 2018, which authorizes the company to repurchase 25,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company's board of directors believes its shares are undervalued.

How were Northern Trust's earnings last quarter?

Northern Trust Co. (NASDAQ:NTRS) released its quarterly earnings results on Wednesday, January, 23rd. The asset manager reported $1.82 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate 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 return on equity of 16.62% and a net margin of 23.37%. Northern Trust's revenue was up 5.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.51 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 Tuesday, April 16th 2019. View Earnings Estimates for Northern Trust.

What price target have analysts set for NTRS?

17 equities research analysts have issued 1-year price objectives for Northern Trust's stock. Their forecasts range from $84.89 to $126.00. On average, they anticipate Northern Trust's share price to reach $110.9888 in the next twelve months. This suggests a possible upside of 24.4% 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, 7 hold ratings and 8 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 underperformed the industry in the past six months. Yet, the company has an impressive earnings surprise history, having surpassed 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. Moreover, 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 top line under pressure and poses as a key concern. Also, stretched valuation indicates limited upside potential for the stock." (3/12/2019)
  • 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 stories about NTRS stock have been trending negative on Friday, InfoTrie reports. The research group scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded 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 -2.7 on InfoTrie's scale. They also gave news headlines about the asset manager a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the immediate future.

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 3M (MMM), Intel (INTC), AT&T (T), Goldman Sachs Group (GS), General Electric (GE), Exxon Mobil (XOM), Walt Disney (DIS), JPMorgan Chase & Co. (JPM), NVIDIA (NVDA) and Bristol-Myers Squibb (BMY).

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, Exec. VP & Chief Investment Officer (Age 54)

Who are Northern Trust's major shareholders?

Northern Trust's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.35%), FMR LLC (3.71%), Northern Trust Corp (3.08%), American Century Companies Inc. (1.92%), Geode Capital Management LLC (1.33%) and Mackenzie Financial Corp (0.80%). 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, Stephen N Potter, 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 purchased by a variety of institutional investors in the last quarter, including Norges Bank, American Century Companies Inc., Eaton Vance Management, FMR LLC, Empire Life Investments Inc., Cerity Partners LLC, BlackRock Inc. and Geode Capital Management 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 $89.21.

How big of a company is Northern Trust?

Northern Trust has a market capitalization of $19.49 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:  290 (Vote Outperform)
Underperform Votes:  753 (Vote Underperform)
Total Votes:  1,043
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 3/22/2019 by MarketBeat.com Staff

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