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.
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Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryAsset Management & Custody Banks
SectorFinance
Phone312-630-6000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$6.90 billion
Profitability
Miscellaneous
Employees18,800
Next Earnings Date4/28/2020 (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 21st. Investors of record on Friday, March 13th will be paid a dividend of $0.70 per share on Wednesday, April 1st. This represents a $2.80 annualized dividend and a yield of 2.77%. The ex-dividend date of this dividend is Thursday, March 12th. View Northern Trust's Dividend History.
How will Northern Trust's stock buyback program work?
Northern Trust announced that its board has authorized a share repurchase plan on Tuesday, July 17th 2018, which allows the company to repurchase 25,000,000 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 management believes its shares are undervalued.
How were Northern Trust's earnings last quarter?
Northern Trust Co. (NASDAQ:NTRS) announced its quarterly earnings data on Wednesday, January, 22nd. The asset manager reported $1.70 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.77 by $0.07. The asset manager had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.55 billion. Northern Trust had a return on equity of 15.15% and a net margin of 21.64%. The business's revenue for the quarter was up 2.7% on a year-over-year basis. During the same period in the prior year, the company posted $1.80 earnings per share. View Northern Trust's Earnings History.
When is Northern Trust's next earnings date?
What price target have analysts set for NTRS?
10 analysts have issued 12-month price objectives for Northern Trust's stock. Their forecasts range from $98.00 to $113.00. On average, they anticipate Northern Trust's share price to reach $106.20 in the next year. This suggests a possible upside of 4.9% from the stock's current price. View Analyst Price Targets for Northern Trust.
What is the consensus analysts' recommendation for Northern Trust?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Northern Trust in the last year. There are currently 1 sell rating, 8 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Northern Trust.
Has Northern Trust been receiving favorable news coverage?
Media coverage about NTRS stock has been trending very negative this week, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Northern Trust earned a daily sentiment score of -3.0 on InfoTrie's scale. They also assigned media stories about the asset manager a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Northern Trust.
Are investors shorting Northern Trust?
Northern Trust saw a drop in short interest in the month of January. As of January 31st, there was short interest totalling 3,540,000 shares, a drop of 13.7% from the January 15th total of 4,100,000 shares. Based on an average daily volume of 1,085,800 shares, the days-to-cover ratio is presently 3.3 days. Approximately 1.7% of the shares of the stock are sold short. View Northern Trust's Current Options Chain.
Who are some of Northern Trust's key competitors?
Some companies that are related to Northern Trust include BlackRock (BLK), Bank of New York Mellon (BK), T. Rowe Price Group (TROW), State Street (STT), Ameriprise Financial (AMP), Franklin Resources (BEN), SEI Investments (SEIC), Ares Capital (ARCC), Invesco (IVZ), Eaton Vance (EV), Affiliated Managers Group (AMG), Federated Investors (FII), Legg Mason (LM), Cohen & Steers (CNS) and Main Street Capital (MAIN).
What other stocks do shareholders of Northern Trust own?
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 CFA, Exec. VP & Chief Investment Officer (Age 54)
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 State Street Corp (4.37%), FMR LLC (4.02%), Barrow Hanley Mewhinney & Strauss LLC (3.14%), Goldman Sachs Group Inc. (1.94%), Bank of New York Mellon Corp (0.89%) and Champlain Investment Partners LLC (0.87%). Company insiders that own Northern Trust stock include Aileen B Blake, Biff Bowman, Clair Joyce St, Dean M Harrison, Jana R Schreuder, Jeffrey D Cohodes, Peter Cherecwich, Robert P Browne, Stephen N Potter, Susan Gillian Pembleton, Teresa Parker, Thomas A South and William L Morrison. 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 Barrow Hanley Mewhinney & Strauss LLC, FMR LLC, Nuance Investments LLC, Goldman Sachs Group Inc., SG Americas Securities LLC, Empire Life Investments Inc., Thrivent Financial for Lutherans and State Street Corp. Company insiders that have sold Northern Trust company stock in the last year include Biff Bowman, Dean M Harrison, Robert P Browne, Teresa Parker and Thomas A South. 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 Investec Asset Management LTD, Madison Asset Management LLC, Bank of America Corp DE, AQR Capital Management LLC, Great West Life Assurance Co. Can, Marshall Wace LLP, Lord Abbett & CO. LLC and Jacobs Levy Equity Management Inc.. 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, Robinhood, Fidelity and Charles Schwab.
What is Northern Trust's stock price today?
One share of NTRS stock can currently be purchased for approximately $101.20.
How big of a company is Northern Trust?
Northern Trust has a market capitalization of $21.44 billion and generates $6.90 billion in revenue each year. The asset manager earns $1.49 billion in net income (profit) each year or $6.63 on an earnings per share basis. Northern Trust employs 18,800 workers across the globe.View Additional Information About Northern Trust.
What is Northern Trust's official website?
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)
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.
