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

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$90.20 -0.96 (-1.05 %)
(As of 01/22/2019 01:25 PM ET)
Previous Close$91.16
Today's Range$90.01 - $90.90
52-Week Range$75.96 - $115.61
Volume80,022 shs
Average Volume1.19 million shs
Market Capitalization$20.18 billion
P/E Ratio18.70
Dividend Yield2.41%
Beta1.08
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$5.72 billion
Cash Flow$7.4178 per share
Book Value$41.04 per share

Profitability

Net Income$1.20 billion

Miscellaneous

Employees18,100
Market Cap$20.18 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 announced a quarterly dividend on Tuesday, October 16th. Investors of record on Friday, December 14th will be given a dividend of $0.55 per share on Tuesday, January 1st. This represents a $2.20 annualized dividend and a dividend yield of 2.44%. The ex-dividend date of this dividend is Thursday, December 13th. View Northern Trust's Dividend History.

How will Northern Trust's stock buyback program work?

Northern Trust declared that its board has initiated a stock repurchase program on Tuesday, July 17th 2018, which allows the company to buyback 25,000,000 shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback programs are often a sign that the company's board of directors believes its stock is undervalued.

How were Northern Trust's earnings last quarter?

Northern Trust Co. (NASDAQ:NTRS) posted its quarterly earnings data on Wednesday, October, 17th. The asset manager reported $1.58 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.61 by $0.03. The asset manager earned $1.48 billion during the quarter, compared to analyst estimates of $1.52 billion. Northern Trust had a return on equity of 15.75% and a net margin of 23.28%. The company's revenue was up 9.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.20 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 Wednesday, January 23rd 2019. View Earnings Estimates for Northern Trust.

How can I listen to Northern Trust's earnings call?

Northern Trust will be holding an earnings conference call on Wednesday, January 23rd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for NTRS?

17 Wall Street analysts have issued 12 month price objectives for Northern Trust's stock. Their forecasts range from $84.89 to $130.00. On average, they anticipate Northern Trust's stock price to reach $113.4306 in the next year. This suggests a possible upside of 25.6% 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, 7 buy ratings and 1 strong buy rating 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. 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)
  • 2. Vining Sparks analysts commented, "We believe NTRS remains well positioned to continue growing its net interest income (NII) at a double-digit pace YOY while also driving meaningful growth in its core fee revenues. Thus, we believe, as this fundamental improvement in its core earnings is paired with its recently announced acceleration in capital deployment; NTRS should be able to improve its profitability by over another full percentage point over the next 12 months. As this improvement is realized, NTRS should create over 20% total shareholder returns for investors." (7/23/2018)

Has Northern Trust been receiving favorable news coverage?

Media coverage about NTRS stock has been trending very positive this week, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Northern Trust earned a media sentiment score of 3.2 on InfoTrie's scale. They also gave press coverage about the asset manager a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

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, Pres, CEO & Director (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 retail and institutional investors. Top institutional investors include Confluence Investment Management LLC (0.55%), BTIM Corp. (0.28%), Personal Capital Advisors Corp (0.11%), Reinhart Partners Inc. (0.09%), Gofen & Glossberg LLC IL (0.08%) and Lodestar Investment Counsel LLC IL (0.04%). 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 institutional investors are selling Northern Trust stock?

NTRS stock was sold by a variety of institutional investors in the last quarter, including Pennsylvania Trust Co, Boston Advisors LLC, Personal Capital Advisors Corp, Denali Advisors LLC, Reinhart Partners Inc., Oakbrook Investments LLC, First Hawaiian Bank and First Midwest Bank Trust Division. 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, William L Morrison and Wilson Leech. View Insider Buying and Selling for Northern Trust.

Which institutional investors are buying Northern Trust stock?

NTRS stock was acquired by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC, Highland Capital Management LLC, First Citizens Bank & Trust Co., DNB Asset Management AS, Cerebellum GP LLC, North Star Investment Management Corp., Chesley Taft & Associates LLC and Private Trust Co. NA. 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 $90.31.

How big of a company is Northern Trust?

Northern Trust has a market capitalization of $20.18 billion and generates $5.72 billion in revenue each year. The asset manager earns $1.20 billion in net income (profit) each year or $4.83 on an earnings per share basis. Northern Trust employs 18,100 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:  279 (Vote Outperform)
Underperform Votes:  740 (Vote Underperform)
Total Votes:  1,019
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 1/22/2019 by MarketBeat.com Staff

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