NASDAQ:NTRSNorthern Trust Stock Price, Forecast & News

$90.70

+2.72 (+3.09 %)

(As of 06/5/2020 04:00 PM ET)

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Today's Range

$90.27

Now: $90.70▼

$92.86

50-Day Range

$70.25

MA: $76.89▼

$87.98

52-Week Range

$60.67

Now: $90.70▼

$110.48

Volume2.44 million shs

Average Volume1.12 million shs

Market Capitalization$18.87 billion

P/E Ratio13.56

Dividend Yield3.18%

Beta1.07

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. This segment serves 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; financial consulting; guardianship and estate administration; family business consulting; family financial education; brokerage services; and private and business banking services. 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 and passive 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 and other risk management services. The company was founded in 1889 and is headquartered in Chicago, Illinois.

Beat the Market (BTM) Rank^™

2.0 Analyst's Opinion

Consensus Rating
Northern Trust has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 2 buy ratings, 8 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $85.86, Northern Trust has a potential downside of 5.3% from its current price of $90.70.
Amount of Analyst Coverage
Northern Trust has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.5 Community Rank

Outperform Votes
Northern Trust has received 363 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Northern Trust has received 875 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Northern Trust has received 70.68% “underperform” votes from our community.

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.

4.2 Dividend Strength

Dividend Leadership
Northern Trust is a leading dividend payer. It pays a dividend yield of 3.18%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Northern Trust has been increasing its dividend for 8 years.
Dividend Coverage
The dividend payout ratio of Northern Trust is 42.23 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Northern Trust will have a dividend payout ratio of 50.63 % next year. This indicates that Northern Trust will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Northern Trust insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,174,449.00 in company stock.
Percentage Held by Insiders
Only 0.72% of the stock of Northern Trust is held by insiders.
Percentage Held by Institutions
82.63% of the stock of Northern Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Northern Trust are expected to grow by 3.56% in the coming year, from $5.34 to $5.53 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Northern Trust is 13.56, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 17.01.
Price to Earnings Ratio vs. Sector
The P/E ratio of Northern Trust is 13.56, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.79.
Price to Earnings Growth Ratio
Northern Trust has a PEG Ratio of 1.54. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Northern Trust has a P/B Ratio of 1.96. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.11 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry State commercial banks

Sub-IndustryAsset Management & Custody Banks

SectorFinance

Current SymbolNASDAQ:NTRS

Previous Symbol

CUSIP66585910

CIK73124

Webwww.northerntrust.com

Phone312-630-6000

Debt

Debt-to-Equity Ratio0.41

Current Ratio0.68

Quick Ratio0.68

Price-To-Earnings

Trailing P/E Ratio13.56

Forward P/E Ratio16.99

P/E Growth1.54

Sales & Book Value

Annual Sales$6.90 billion

Price / Sales2.74

Cash Flow$9.81 per share

Price / Cash Flow9.25

Book Value$46.33 per share

Price / Book1.96

Profitability

EPS (Most Recent Fiscal Year)$6.63

Net Income$1.49 billion

Net Margins21.88%

Return on Equity15.18%

Return on Assets1.10%

Miscellaneous

Employees19,800

Outstanding Shares208,050,000

Market Cap$18.87 billion

Next Earnings Date7/22/2020 (Estimated)

OptionableOptionable

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Northern Trust (NASDAQ:NTRS) Frequently Asked Questions

How has Northern Trust's stock been impacted by COVID-19 (Coronavirus)?

Northern Trust's stock was trading at $71.47 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, NTRS shares have increased by 26.9% and is now trading at $90.70. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Northern Trust?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Northern Trust in the last year. There are currently 2 sell ratings, 8 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Northern Trust.

When is Northern Trust's next earnings date?

Northern Trust is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Northern Trust.

How were Northern Trust's earnings last quarter?

Northern Trust Co. (NASDAQ:NTRS) posted its quarterly earnings results on Tuesday, April, 21st. The asset manager reported $1.55 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.45 by $0.10. The asset manager earned $1.60 billion during the quarter, compared to analyst estimates of $1.54 billion. Northern Trust had a net margin of 21.88% and a return on equity of 15.18%. The business's revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter last year, the company posted $1.48 EPS. View Northern Trust's earnings history.

How often does Northern Trust pay dividends? What is the dividend yield for Northern Trust?

Northern Trust announced a quarterly dividend on Tuesday, April 21st. Investors of record on Friday, June 12th will be paid a dividend of $0.70 per share on Wednesday, July 1st. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.09%. The ex-dividend date is Thursday, June 11th. View Northern Trust's dividend history.

How will Northern Trust's stock buyback program work?

Northern Trust declared that its board has authorized a share repurchase program on Tuesday, July 17th 2018, which allows the company to repurchase 25,000,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's leadership believes its shares are undervalued.

What price target have analysts set for NTRS?

12 brokerages have issued 12 month target prices for Northern Trust's shares. Their forecasts range from $65.00 to $113.00. On average, they anticipate Northern Trust's stock price to reach $85.86 in the next twelve months. This suggests that the stock has a possible downside of 5.3%. View analysts' price targets for Northern Trust.

Has Northern Trust been receiving favorable news coverage?

News articles about NTRS stock have been trending positive on Saturday, according to InfoTrie Sentiment. The research firm rates the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Northern Trust earned a media sentiment score of 2.4 on InfoTrie's scale. They also assigned news coverage about the asset manager a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutNorthern Trust.

Are investors shorting Northern Trust?

Northern Trust saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 5,550,000 shares, a decrease of 12.3% from the April 30th total of 6,330,000 shares. Based on an average trading volume of 1,810,000 shares, the days-to-cover ratio is presently 3.1 days. Approximately 2.7% of the shares of the company 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), Eaton Vance (EV), Legg Mason (LM), Invesco (IVZ), Affiliated Managers Group (AMG), Cohen & Steers (CNS), Federated Investors (FII) and Main Street Capital (MAIN). View all competitors.

What other stocks do shareholders of Northern Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Northern Trust investors own include California Resources (CRC), Intel (INTC), Exxon Mobil (XOM), AT&T (T), Pfizer (PFE), AbbVie (ABBV), Walt Disney (DIS), Bristol-Myers Squibb (BMY), 3M (MMM) and Johnson & Johnson (JNJ).

Who are Northern Trust's key executives?

Northern Trust's management team includes the following 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)

What is Northern Trust's stock symbol?

Northern Trust trades on the NASDAQ under the ticker symbol "NTRS."

Who are Northern Trust's major shareholders?

Northern Trust's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.87%), Wellington Management Group LLP (5.33%), State Street Corp (4.32%), JPMorgan Chase & Co. (3.53%), Primecap Management Co. CA (2.20%) and Fiduciary Management Inc. WI (1.73%). Company insiders that own Northern Trust stock include Biff Bowman, Clair Joyce St, Dean M Harrison, Jana R Schreuder, Mark C Gossett, Peter Cherecwich, Robert P Browne, Stephen N Potter, 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 Mackenzie Financial Corp, Wells Fargo & Company MN, Wellington Management Group LLP, Eaton Vance Management, Morgan Stanley, Morgan Stanley, Nuveen Asset Management LLC, and State Street Corp. Company insiders that have sold Northern Trust company stock in the last year include Biff Bowman, Mark C Gossett, Peter Cherecwich, Robert P Browne, Teresa Parker, and Thomas A South. View insider buying and selling activity 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 Nuance Investments LLC, Fiduciary Management Inc. WI, Massachusetts Financial Services Co. MA, Kingstown Capital Management L.P., JPMorgan Chase & Co., OLD Republic International Corp, Bank of New York Mellon Corp, and Federated Hermes Inc.. View insider buying and selling activity 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 $90.70.

How big of a company is Northern Trust?

Northern Trust has a market capitalization of $18.87 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 19,800 workers across the globe.

What is Northern Trust's official website?

The official website for Northern Trust is 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]

This page was last updated on 6/6/2020 by MarketBeat.com Staff