Shutterstock Stock Price, News & Analysis (NYSE:SSTK)

3 Wall Street equities research 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 equities research analysts is that investors should "moderate buy" SSTK shares.
View SSTK analyst ratings or view top-rated stocks.

3 brokers have issued twelve-month price targets for Shutterstock's shares. Their SSTK share price targets range from $55.00 to $85.00. On average, they anticipate the company's stock price to reach $66.25 in the next year. This suggests a possible upside of 46.2% 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 $52.72 on January 1st, 2023. Since then, SSTK stock has decreased by 14.0% and is now trading at $45.33.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 8th 2024.
View our SSTK earnings forecast.

Shutterstock, Inc. (NYSE:SSTK) issued its earnings results on Tuesday, October, 31st. The business services provider reported $0.99 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.48 by $0.51. The business services provider had revenue of $233.25 million for the quarter, compared to analyst estimates of $212.94 million. Shutterstock had a trailing twelve-month return on equity of 25.89% and a net margin of 13.52%.

Shutterstock announced a quarterly dividend on Monday, October 23rd. Stockholders of record on Thursday, November 30th will be paid a dividend of $0.27 per share on Thursday, December 14th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date is Wednesday, November 29th.
Read our dividend analysis for SSTK.

Shutterstock (NYSE:SSTK) pays an annual dividend of $1.08 per share and currently has a dividend yield of 2.36%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 33.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SSTK will have a dividend payout ratio of 35.88% 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), Invesco Next Gen Media and Gaming ETF (PBS), Global X E-Commerce ETF (EBIZ), Amplify Online Retail ETF (IBUY), ERShares Entrepreneurs ETF (ENTR), Small Cap US Equity Select ETF (RNSC) and Franklin Disruptive Commerce ETF (BUYZ).

Shutterstock updated its FY23 earnings guidance on Tuesday, October, 31st. The company provided earnings per share (EPS) guidance of $4.18-4.30 for the period, compared to the consensus earnings per share estimate of $3.92. The company issued revenue guidance of $869-886 million, compared to the consensus revenue estimate of $860.83 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 number of institutional and retail investors. Top institutional shareholders include Trigran Investments Inc. (2.94%), Copeland Capital Management LLC (2.82%), Wellington Management Group LLP (2.65%), LSV Asset Management (2.62%), Morgan Stanley (1.90%) and Boston Trust Walden Corp (1.63%). Insiders that own company stock include Deirdre Mary Bigley, Jarrod Yahes, Jonathan Oringer, Paul J Hennessy, Peter Silvio, Stan Pavlovsky, Steven Ciardiello and Thomas R Evans.
View institutional ownership trends.

Shares of SSTK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.