Shutterstock (SSTK) Stock Price, News & Analysis

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shutterstock in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SSTK shares.
View SSTK analyst ratings or view top-rated stocks.

3 analysts have issued 12 month target prices for Shutterstock's stock. Their SSTK share price targets range from $55.00 to $70.00. On average, they expect the company's share price to reach $62.50 in the next year. This suggests a possible upside of 53.8% from the stock's current price.
View analysts price targets for SSTK or view top-rated stocks among Wall Street analysts.

Shutterstock's stock was trading at $48.28 at the start of the year. Since then, SSTK shares have decreased by 15.8% and is now trading at $40.63.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our SSTK earnings forecast.

Shutterstock will be holding an earnings conference call on Thursday, May 2nd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Shutterstock, Inc. (NYSE:SSTK) issued its earnings results on Wednesday, February, 21st. The business services provider reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.13. The business services provider had revenue of $217.22 million for the quarter, compared to analysts' expectations of $224.04 million. Shutterstock had a trailing twelve-month return on equity of 23.04% and a net margin of 12.61%.

Shutterstock declared a quarterly dividend on Tuesday, January 30th. Shareholders of record on Thursday, February 29th will be given a dividend of $0.30 per share on Thursday, March 14th. This represents a $1.20 annualized dividend and a yield of 2.95%. The ex-dividend date of this dividend is Wednesday, February 28th. This is an increase from the stock's previous quarterly dividend of $0.27.
Read our dividend analysis for SSTK.

Shutterstock (NYSE:SSTK) pays an annual dividend of $1.20 per share and currently has a dividend yield of 2.88%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 39.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SSTK will have a dividend payout ratio of 33.99% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SSTK.

ETFs with the largest weight of Shutterstock (NYSE:SSTK) stock in their portfolio include SPDR S&P Internet ETF (XWEB), Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU), Amplify Online Retail ETF (IBUY), Global X E-Commerce ETF (EBIZ), ERShares Entrepreneurs ETF (ENTR) and Small Cap US Equity Select ETF (RNSC).Franklin Disruptive Commerce ETF (BUYZ).

Shutterstock updated its FY24 earnings guidance on Wednesday, February, 21st. The company provided earnings per share (EPS) guidance of $4.15 to $4.30 for the period, compared to the consensus estimate of $4.01. The company issued revenue guidance of $875 million, compared to the consensus revenue estimate of $887.61 million.

25 employees have rated Shutterstock Chief Executive Officer Stan Pavlovsky on Glassdoor.com. Stan Pavlovsky has an approval rating of 55% among the company's employees. This puts Stan Pavlovsky in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Shutterstock investors own include Alibaba Group (BABA), CVS Health (CVS), Intel (INTC), QUALCOMM (QCOM), Cisco Systems (CSCO), Johnson & Johnson (JNJ), Pfizer (PFE), RTX (RTX) and AT&T (T).

Shutterstock's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Carolina Wealth Advisors LLC (0.32%), Range Financial Group LLC (0.06%) and Los Angeles Capital Management LLC (0.04%). Insiders that own company stock include Deirdre Mary Bigley, Jarrod Yahes, John Caine, Jonathan Oringer, Paul J Hennessy, Peter Silvio, Steven Ciardiello and Thomas R Evans.
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Shares of SSTK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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