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

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$110.74 +3.01 (+2.79 %)
(As of 07/23/2018 01:37 PM ET)
Previous Close$107.62
Today's Range$107.62 - $111.00
52-Week Range$85.69 - $110.99
Volume58,707 shs
Average Volume918,593 shs
Market Capitalization$24.24 billion
P/E Ratio22.98
Dividend Yield1.56%
Beta0.93
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

Stock Exchange NASDAQ
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 Ratio22.98
Forward P/E Ratio16.60
P/E Growth1.34

Sales & Book Value

Annual Sales$5.72 billion
Price / Sales4.36
Cash Flow$7.7063 per share
Price / Cash14.37
Book Value$41.04 per share
Price / Book2.70

Profitability

EPS (Most Recent Fiscal Year)$4.83
Net Income$1.20 billion
Net Margins22.88%
Return on Equity15.02%
Return on Assets1.05%

Miscellaneous

Employees18,100
Outstanding Shares224,990,000
Market Cap$24,238.31

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 17th. Investors of record on Friday, September 14th will be paid a dividend of $0.55 per share on Monday, October 1st. This represents a $2.20 annualized dividend and a yield of 1.98%. The ex-dividend date is Thursday, September 13th. This is a boost from Northern Trust's previous quarterly dividend of $0.42. View Northern Trust's Dividend History.

How will Northern Trust's stock buyback program work?

Northern Trust announced that its Board of Directors has approved a stock buyback plan on Tuesday, July 17th 2018, which permits the company to repurchase 25,000,000 shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company's leadership believes its shares are undervalued.

How were Northern Trust's earnings last quarter?

Northern Trust Co. (NASDAQ:NTRS) issued its quarterly earnings results on Wednesday, July, 18th. The asset manager reported $1.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.63 by $0.05. The asset manager had revenue of $1.52 billion for the quarter, compared to analysts' expectations of $1.50 billion. Northern Trust had a net margin of 22.88% and a return on equity of 15.02%. The firm's quarterly revenue was up 13.9% on a year-over-year basis. During the same quarter last year, the firm earned $1.12 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, October, 17th 2018. View Earnings Estimates for Northern Trust.

What price target have analysts set for NTRS?

14 brokerages have issued 1 year price targets for Northern Trust's stock. Their forecasts range from $97.00 to $122.00. On average, they anticipate Northern Trust's share price to reach $112.7333 in the next twelve months. This suggests a possible upside of 1.6% from the stock's current price. View Analyst Ratings for Northern Trust.

What is the consensus analysts' recommendation for Northern Trust?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Northern Trust in the last year. There are currently 8 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

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. The company’s second-quarter 2018 earnings reflected higher revenues and strong capital position. In addition, rise in assets under custody, as well as assets under management were recorded. 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." (7/20/2018)
  • 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?

News coverage about NTRS stock has been trending somewhat positive this week, Accern reports. Accern identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Northern Trust earned a news sentiment score of 0.15 on Accern's scale. They also assigned news headlines about the asset manager an impact score of 48.83 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few 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 investors include Confluence Investment Management LLC (0.53%), Bank of Montreal Can (0.32%), Davis R M Inc. (0.11%), Calamos Advisors LLC (0.08%), Gofen & Glossberg LLC IL (0.07%) and First National Bank of Omaha (0.05%). 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 Meag Munich Ergo Kapitalanlagegesellschaft MBH, Hartford Investment Management Co., Confluence Investment Management LLC, State of Alaska Department of Revenue, Fisher Asset Management LLC, Reilly Financial Advisors LLC, Davis R M Inc. and First National Bank of Omaha. 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 acquired by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Cornerstone Wealth Management LLC, Rathbone Brothers plc, Gofen & Glossberg LLC IL, Municipal Employees Retirement System of Michigan, CHICAGO TRUST Co NA, Dalton Greiner Hartman Maher & Co. and Callahan Advisors 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 $110.97.

How big of a company is Northern Trust?

Northern Trust has a market capitalization of $24.24 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 (NASDAQ NTRS)

Community Ranking:  1.3 out of 5 (star)
Outperform Votes:  237 (Vote Outperform)
Underperform Votes:  672 (Vote Underperform)
Total Votes:  909
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 7/23/2018 by MarketBeat.com Staff

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