NASDAQ:NTRS - Northern Trust Stock Price, Price Target & More

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$107.73 -0.04 (-0.04 %)
(As of 06/22/2018 08:00 AM ET)
Previous Close$107.77
Today's Range$106.44 - $108.16
52-Week Range$85.69 - $110.81
Volume800,200 shs
Average Volume968,151 shs
Market Capitalization$24.25 billion
P/E Ratio22.30
Dividend Yield1.56%
Beta0.92
Northern Trust logoNorthern 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
SymbolNASDAQ:NTRS
CUSIP66585910
Phone312-630-6000

Debt

Debt-to-Equity Ratio0.34
Current Ratio0.66
Quick Ratio0.66

Price-To-Earnings

Trailing P/E Ratio22.30
Forward P/E Ratio16.57
P/E Growth1.42

Sales & Book Value

Annual Sales$5.72 billion
Price / Sales4.24
Cash Flow$7.4917 per share
Price / Cash14.38
Book Value$41.04 per share
Price / Book2.63

Profitability

EPS (Most Recent Fiscal Year)$4.83
Net Income$1.20 billion
Net Margins21.84%
Return on Equity13.88%
Return on Assets0.98%

Miscellaneous

Employees18,100
Outstanding Shares224,990,000

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, April 17th. Stockholders of record on Friday, June 8th will be paid a dividend of $0.42 per share on Sunday, July 1st. This represents a $1.68 annualized dividend and a dividend yield of 1.56%. The ex-dividend date of this dividend is Thursday, June 7th. 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 buyback plan on Wednesday, July 19th 2017, which allows the company to repurchase 9,500,000 shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company's leadership believes its stock is undervalued.

How were Northern Trust's earnings last quarter?

Northern Trust Co. (NASDAQ:NTRS) announced its earnings results on Tuesday, April, 17th. The asset manager reported $1.58 earnings per share for the quarter, beating the consensus estimate of $1.42 by $0.16. The asset manager earned $1.48 billion during the quarter, compared to the consensus estimate of $1.45 billion. Northern Trust had a return on equity of 13.88% and a net margin of 21.84%. The business's revenue for the quarter was up 14.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.09 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, July, 18th 2018. View Earnings Estimates for Northern Trust.

What price target have analysts set for NTRS?

15 Wall Street analysts have issued 1 year price objectives for Northern Trust's stock. Their forecasts range from $92.00 to $122.00. On average, they anticipate Northern Trust's share price to reach $110.00 in the next twelve months. 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 last six months. Moreover, the company has an impressive earnings surprise history. It surpassed the Zacks Consensus Estimate for earnings in three out of the trailing four quarters. Northern Trust continues to benefit from its strong wealth management operations, along with diversified products. Further, it continues to enhance shareholders' value through steady capital-deployment activities, reflecting its strong capital position. 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." (6/19/2018)
  • 2. Vining Sparks analysts commented, "We believe NTRS continues to be well positioned to grow its net interest income at a double-digit pace while also continuing to drive meaningful growth in its core fee revenues. If NTRS can also continue to generate positive operating leverage in 2018E while accelerating its deployment of excess capital, we believe it should be able to generate a 12% total return for its shareholders over the next 12 months." (1/24/2018)

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 52)
  • Mr. Stephen Biff Bowman, Exec. VP & CFO (Age 54)
  • Ms. Jana Raye Schreuder, Exec. VP & COO (Age 59)
  • Mr. Steven L. Fradkin, Exec. VP & Pres of Wealth Management (Age 56)
  • Mr. Robert Patrick Browne, Exec. VP & Chief Investment Officer (Age 53)

Has Northern Trust been receiving favorable news coverage?

Media coverage about NTRS stock has trended somewhat positive recently, according to Accern Sentiment. The research group identifies positive and negative news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Northern Trust earned a media sentiment score of 0.07 on Accern's scale. They also assigned press coverage about the asset manager an impact score of 46.18 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Who are Northern Trust's major shareholders?

Northern Trust's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.07%), JPMorgan Chase & Co. (3.63%), Northern Trust Corp (3.00%), American Century Companies Inc. (1.86%), Burgundy Asset Management Ltd. (1.03%) and Wells Fargo & Company MN (0.96%). 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, Jane Karpinski, 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 American Century Companies Inc., Northern Trust Corp, Prudential Financial Inc., Mondrian Investment Partners LTD, JPMorgan Chase & Co., FIL Ltd, Burgundy Asset Management Ltd. and Guggenheim Capital LLC. Company insiders that have sold Northern Trust company stock in the last year include Aileen B Blake, Biff Bowman, Clair Joyce St, 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 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 Millennium Management LLC, Lord Abbett & CO. LLC, MUFG Securities EMEA plc, Caisse DE Depot ET Placement DU Quebec, Massachusetts Financial Services Co. MA, BlackRock Inc., Mackay Shields LLC and Wells Fargo & Company MN. 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 $107.73.

How big of a company is Northern Trust?

Northern Trust has a market capitalization of $24.25 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.

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 (NTRS)

Community Ranking:  1.2 out of 5 (star)
Outperform Votes:  214 (Vote Outperform)
Underperform Votes:  656 (Vote Underperform)
Total Votes:  870
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 6/22/2018 by MarketBeat.com Staff

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