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NYSE:SSTK

Shutterstock (SSTK) Stock Forecast, Price & News

$38.30
+0.25 (+0.66%)
(As of 04:00 PM ET)
Compare
Today's Range
$37.92
$38.85
50-Day Range
$36.53
$52.66
52-Week Range
$36.20
$81.23
Volume
565,326 shs
Average Volume
588,693 shs
Market Capitalization
$1.38 billion
P/E Ratio
12.35
Dividend Yield
2.82%
Price Target
$81.33

Shutterstock MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
112.1% Upside
$81.33 Price Target
Short Interest
Bearish
17.04% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.68mentions of Shutterstock in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$8.92 M Sold Last Quarter
Proj. Earnings Growth
20.15%
From $2.73 to $3.28 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.92 out of 5 stars

Computer And Technology Sector

61st out of 611 stocks

Data Processing & Preparation Industry

5th out of 60 stocks


SSTK stock logo

About Shutterstock (NYSE:SSTK) Stock

Shutterstock, Inc., a technology company, provides quality content, and creative workflow solutions in North America, Europe, and internationally. It offers image services consisting of photographs, vectors, and illustrations, which is used in visual communications, such as websites, digital and print marketing materials, corporate communications, books, publications, and others; footage services, including video clips, filmed by industry experts and cinema grade video effects, and HD and 4K formats that are integrated into Websites, social media, marketing campaigns, and cinematic productions; and music services comprising music tracks and sound effects, which are used to complement images and footage. The company provides its services under the Shutterstock, Bigstock, Offset, TurboSquid,PremiumBeat brand names, as well as Application programming interface to enhance workflow and project management needs, and search capabilities. It serves corporate professionals and organizations, media and broadcast companies, and small and medium-sized businesses, and individual creators. The company was founded in 2003 and is headquartered in New York, New York.

SSTK Price History

SSTK Stock News Headlines

Shutterstock is the Value Stock they don't want you to know about (SSTK)
Shutterstock may be one of the easiest decisions investors will make this year, as the company's charts - except the stock chart - have pointed nowhere but up
Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
Shutterstock (NYSE:SSTK) Upgraded to "Buy" by StockNews.com
The Latest Analyst Ratings for Shutterstock
Elon Did It Again: This Could be Bigger than Tesla
Love him or hate him, it’s hard to deny Elon Musk is a genius. After revolutionizing online payment processing (PayPal), space exploration (SpaceX), and the auto industry (Tesla)... He’s getting ready to do it again with his new AI venture.
Shutterstock: AI-Enabled Products Will Reignite Growth
Shutterstock Inks Collaboration Deals With 3 AI Cos
Shutterstock: Q2 Earnings Snapshot
Shutterstock (SSTK) Surpasses Q2 Earnings Estimates
Earnings Outlook For Shutterstock
See More Headlines
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SSTK Company Calendar

Last Earnings
8/01/2023
Ex-Dividend for 9/14 Dividend
8/30/2023
Dividend Payable
9/14/2023
Today
10/02/2023
Next Earnings (Estimated)
10/24/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Data processing & preparation
Sub-Industry
Publishing
CUSIP
82569010
Fax
N/A
Employees
1,328
Year Founded
2003

Price Target and Rating

Average Stock Price Forecast
$81.33
High Stock Price Forecast
$85.00
Low Stock Price Forecast
$76.00
Forecasted Upside/Downside
+113.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$76.10 million
Pretax Margin
15.18%

Debt

Sales & Book Value

Annual Sales
$827.83 million
Cash Flow
$5.10 per share
Book Value
$12.49 per share

Miscellaneous

Free Float
24,425,000
Market Cap
$1.37 billion
Optionable
Optionable
Beta
1.19

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Key Executives

  • Mr. Jonathan OringerMr. Jonathan Oringer (Age 49)
    Founder & Exec. Chairman
    Comp: $1
  • Mr. Paul J. Hennessy (Age 58)
    CEO & Director
    Comp: $970.88k
  • Mr. Jarrod Yahes (Age 48)
    Chief Financial Officer
    Comp: $926.95k
  • Mr. Steven Ciardiello (Age 52)
    Chief Accounting Officer
  • Ms. Sejal Amin
    Chief Technology Officer
  • Chris Suh
    VP of Corp. Devel. and Investor Relations
  • Mr. John J. Lapham (Age 56)
    Sr. VP, Gen. Counsel & Corp. Sec.
  • Ms. Rachel Mahoney
    Chief Marketing Officer
  • Ms. Sara Birmingham
    Chief HR Officer
  • Mr. Aiden Darne
    Head of Global Production













SSTK Stock - Frequently Asked Questions

Should I buy or sell Shutterstock stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Shutterstock in the last twelve months. There are currently 2 hold ratings 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.

What is Shutterstock's stock price forecast for 2023?

4 Wall Street analysts have issued 1 year price objectives for Shutterstock's stock. Their SSTK share price forecasts range from $76.00 to $85.00. On average, they predict the company's share price to reach $81.33 in the next twelve months. This suggests a possible upside of 113.8% from the stock's current price.
View analysts price targets for SSTK
or view top-rated stocks among Wall Street analysts.

How have SSTK shares performed in 2023?

Shutterstock's stock was trading at $52.72 at the beginning of the year. Since then, SSTK stock has decreased by 27.8% and is now trading at $38.05.
View the best growth stocks for 2023 here
.

When is Shutterstock's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 24th 2023.
View our SSTK earnings forecast
.

How were Shutterstock's earnings last quarter?

Shutterstock, Inc. (NYSE:SSTK) issued its earnings results on Tuesday, August, 1st. The business services provider reported $0.76 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.77 by $0.01. The business services provider earned $208.84 million during the quarter, compared to analyst estimates of $214.46 million. Shutterstock had a trailing twelve-month return on equity of 25.93% and a net margin of 13.35%.

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

Shutterstock announced a quarterly dividend on Monday, July 17th. Investors of record on Thursday, August 31st will be paid a dividend of $0.27 per share on Thursday, September 14th. This represents a $1.08 dividend on an annualized basis and a yield of 2.84%. The ex-dividend date of this dividend is Wednesday, August 30th.
Read our dividend analysis for SSTK
.

Is Shutterstock a good dividend stock?

Shutterstock (NYSE:SSTK) pays an annual dividend of $1.08 per share and currently has a dividend yield of 2.84%. 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 34.84%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SSTK will have a dividend payout ratio of 32.93% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SSTK.

What guidance has Shutterstock issued on next quarter's earnings?

Shutterstock updated its FY 2023 earnings guidance on Tuesday, August, 1st. The company provided earnings per share guidance of $4.00-$4.17 for the period, compared to the consensus EPS estimate of $4.08. The company issued revenue guidance of $852.00 million-$869.00 million, compared to the consensus revenue estimate of $852.65 million.

What is Stan Pavlovsky's approval rating as Shutterstock's CEO?

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.

What other stocks do shareholders of Shutterstock own?

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).

What is Shutterstock's stock symbol?

Shutterstock trades on the New York Stock Exchange (NYSE) under the ticker symbol "SSTK."

How do I buy shares of Shutterstock?

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.

What is Shutterstock's stock price today?

One share of SSTK stock can currently be purchased for approximately $38.05.

How much money does Shutterstock make?

Shutterstock (NYSE:SSTK) has a market capitalization of $1.37 billion and generates $827.83 million in revenue each year. The business services provider earns $76.10 million in net income (profit) each year or $3.10 on an earnings per share basis.

How many employees does Shutterstock have?

The company employs 1,328 workers across the globe.

Does Shutterstock have any subsidiaries?
The following companies are subsidiares of Shutterstock: Amper Music, Bigstock, Datasine Limited, Flashstock, General Purpose LLC, Pattern89 Inc., PicMonkey, Pond5, Premiumbeat.com, Rex Features, Rex Features Holdings Ltd., Rex Features Ltd., Shutterstock Australia, Shutterstock Brazil Servicos de Imagem Ltda., Shutterstock Canada ULC, Shutterstock France SAS, Shutterstock Hong Kong Ltd., Shutterstock Images C.V., Shutterstock International Services APAC PTE Ltd, Shutterstock International Services EMEA Ltd., Shutterstock Ireland Ltd, Shutterstock Italy Srl, Shutterstock Japan GK, Shutterstock Korea Ltd, Shutterstock Netherlands B.V., Shutterstock Romania Srl, Shutterstock Singapore Pte. Ltd., Shutterstock Studios LLC, Shutterstock UK Ltd., Shutterstock.AI Inc., Shutterstock.AI International Ltd., Shutterstock GmbH, TurboSquid, and TurboSquid Inc..
Read More
How can I contact Shutterstock?

Shutterstock's mailing address is 350 FIFTH AVENUE 21ST FLOOR, NEW YORK NY, 10118. The official website for the company is www.shutterstock.com. The business services provider can be reached via phone at (646) 710-3417 or via email at ir@shutterstock.com.

This page (NYSE:SSTK) was last updated on 10/2/2023 by MarketBeat.com Staff

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