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

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$86.37 -0.53 (-0.61 %)
(As of 12/17/2018 01:39 AM ET)
Previous Close$86.37
Today's Range$85.63 - $87.2450
52-Week Range$85.63 - $115.61
Volume1.47 million shs
Average Volume1.13 million shs
Market Capitalization$19.12 billion
P/E Ratio17.88
Dividend Yield2.55%
Beta0.97
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

Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryAsset Management & Custody Banks
SectorFinance
Current SymbolNASDAQ:NTRS
Previous Symbol
CUSIP66585910
Phone312-630-6000

Debt

Debt-to-Equity Ratio0.36
Current Ratio0.65
Quick Ratio0.65

Price-To-Earnings

Trailing P/E Ratio17.88
Forward P/E Ratio13.13
P/E Growth1.13

Sales & Book Value

Annual Sales$5.72 billion
Price / Sales3.35
Cash Flow$7.4974 per share
Price / Cash Flow11.52
Book Value$41.04 per share
Price / Book2.10

Profitability

EPS (Most Recent Fiscal Year)$4.83
Net Income$1.20 billion
Net Margins23.28%
Return on Equity15.75%
Return on Assets1.11%

Miscellaneous

Employees18,100
Outstanding Shares221,400,000
Market Cap$19.12 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. Shareholders of record on Friday, December 14th will be paid a dividend of $0.55 per share on Tuesday, January 1st. This represents a $2.20 annualized dividend and a dividend yield of 2.55%. The ex-dividend date is Thursday, December 13th. View Northern Trust's Dividend History.

How will Northern Trust's stock buyback program work?

Northern Trust announced that its board has initiated a stock repurchase plan on Tuesday, July 17th 2018, which permits the company to buyback 25,000,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback plans 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) announced its earnings results on Wednesday, October, 17th. The asset manager reported $1.58 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.61 by $0.03. The asset manager had revenue of $1.48 billion for 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 business's revenue was up 9.4% compared to the same quarter last year. During the same period last year, the firm posted $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.

What price target have analysts set for NTRS?

16 analysts have issued 12 month price targets for Northern Trust's stock. Their predictions range from $105.00 to $130.00. On average, they expect Northern Trust's stock price to reach $117.00 in the next year. This suggests a possible upside of 35.5% from the stock's current price. View Analyst Price Targets for Northern Trust.

What is the consensus analysts' recommendation for Northern Trust?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Northern Trust in the last year. There are currently 6 hold ratings, 9 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." 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. Further, the company has an impressive earnings surprise history. It surpassed the Zacks Consensus Estimate for earnings in all 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 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." (9/19/2018)
  • 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 headlines about NTRS stock have trended somewhat positive on Sunday, InfoTrie Sentiment reports. The research firm scores the sentiment of news 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 -5 to 5, with scores closest to five being the most favorable. Northern Trust earned a news impact score of 1.0 on InfoTrie's scale. They also assigned news articles about the asset manager a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

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)
  • Mr. Steven L. Fradkin, Exec. VP & Pres of Wealth Management (Age 56)
  • Mr. Robert Patrick Browne, Exec. VP & Chief Investment Officer (Age 53)
  • Ms. Aileen B. Blake, Exec. VP, Controller & Principal Accounting Officer (Age 50)

Who are Northern Trust's major shareholders?

Northern Trust's stock is owned by a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc (6.98%), BlackRock Inc. (6.25%), FMR LLC (3.55%), JPMorgan Chase & Co. (3.26%), American Century Companies Inc. (1.63%) and Primecap Management Co. CA (1.54%). 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 FMR LLC, Massachusetts Financial Services Co. MA, Eaton Vance Management, Prudential Financial Inc., Mitsubishi UFJ Trust & Banking Corp, Bank of New York Mellon Corp, AQR Capital Management LLC and American Century Companies 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, 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 Morgan Stanley, Mackenzie Financial Corp, Glenmede Trust Co. NA, Vanguard Group Inc, Federated Investors Inc. PA, BlackRock Inc., Capital Fund Management S.A. 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 $86.37.

How big of a company is Northern Trust?

Northern Trust has a market capitalization of $19.12 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:  277 (Vote Outperform)
Underperform Votes:  729 (Vote Underperform)
Total Votes:  1,006
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 12/17/2018 by MarketBeat.com Staff

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