S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
Critical asset just had biggest fall on record (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Sports analytics may be outnumbered when it comes to artificial intelligence
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
South Korean doctors hold massive anti-government rally over medical school recruitment plan
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
Critical asset just had biggest fall on record (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Sports analytics may be outnumbered when it comes to artificial intelligence
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
South Korean doctors hold massive anti-government rally over medical school recruitment plan
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
Critical asset just had biggest fall on record (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Sports analytics may be outnumbered when it comes to artificial intelligence
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
South Korean doctors hold massive anti-government rally over medical school recruitment plan
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
Critical asset just had biggest fall on record (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Sports analytics may be outnumbered when it comes to artificial intelligence
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
South Korean doctors hold massive anti-government rally over medical school recruitment plan
What to watch for as China's major political meeting of the year gets underway
NYSE:SSTK

Shutterstock (SSTK) Stock Price, News & Analysis

$50.08
+1.32 (+2.71%)
(As of 03/1/2024 ET)
Today's Range
$47.75
$50.36
50-Day Range
$43.85
$50.10
52-Week Range
$33.80
$78.19
Volume
551,056 shs
Average Volume
561,109 shs
Market Capitalization
$1.78 billion
P/E Ratio
16.53
Dividend Yield
2.40%
Price Target
$62.50

Shutterstock MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
24.8% Upside
$62.50 Price Target
Short Interest
Bearish
17.04% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.65mentions of Shutterstock in the last 14 days
Based on 17 Articles This Week
Insider Trading
Selling Shares
$2.48 M Sold Last Quarter
Proj. Earnings Growth
12.78%
From $3.13 to $3.53 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.49 out of 5 stars

Computer And Technology Sector

241st out of 598 stocks

Data Processing & Preparation Industry

17th out of 57 stocks


SSTK stock logo

About Shutterstock Stock (NYSE:SSTK)

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 Stock Price History

SSTK Stock News Headlines

This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
StockNews.com Downgrades Shutterstock (NYSE:SSTK) to Hold
SSTK Aug 2024 55.000 call
SSTK May 2024 37.500 put
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
SSTK May 2024 52.500 call
SSTK May 2024 20.000 put
Shutterstock (NYSE:SSTK) Rating Reiterated by Needham & Company LLC
Shutterstock (NYSE:SSTK) Upgraded to "Strong-Buy" by StockNews.com
Why Shutterstock Stock Fell 5% Today
Shutterstock earnings: here's what Wall Street expects
Shutterstock: Q4 Earnings Snapshot
Shutterstock Q4 Adj. Net Income Declines - Quick Facts
Shutterstock (SSTK) Surpasses Q4 Earnings Estimates
See More Headlines
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Company Calendar

Last Earnings
10/26/2021
Ex-Dividend for 12/14 Dividend
11/29/2023
Dividend Payable
12/14/2023
Ex-Dividend for 3/14 Dividend
2/28/2024
Today
3/02/2024
Dividend Payable
3/14/2024
Next Earnings (Estimated)
4/23/2024
Fiscal Year End
12/31/2024

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 Target
$62.50
High Stock Price Target
$70.00
Low Stock Price Target
$55.00
Potential Upside/Downside
+24.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$110.27 million
Pretax Margin
14.00%

Debt

Sales & Book Value

Annual Sales
$874.59 million
Cash Flow
$5.76 per share
Book Value
$14.83 per share

Miscellaneous

Free Float
24,063,000
Market Cap
$1.78 billion
Optionable
Optionable
Beta
1.10

Social Links

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Key Executives

  • Mr. Jonathan OringerMr. Jonathan Oringer (Age 50)
    Founder & Executive Chairman
    Comp: $1
  • Mr. Paul J. Hennessy (Age 59)
    CEO & Director
    Comp: $970.88k
  • Mr. Jarrod Yahes (Age 48)
    Chief Financial Officer
    Comp: $926.95k
  • Mr. Steven Ciardiello (Age 53)
    Chief Accounting Officer
    Comp: $598.8k
  • Ms. Sejal Amin
    Chief Technology Officer
  • Chris Suh
    Vice President of Corporate Development and Investor Relations
  • Mr. John J. Lapham (Age 57)
    Senior VP, General Counsel & Corporate Secretary
  • Ms. Rachel Mahoney
    Chief Marketing Officer
  • Ms. Sara Birmingham
    Chief Human Resources Officer
  • Mr. Aiden Darne
    Head of Global Production














SSTK Stock Analysis - Frequently Asked Questions

Should I buy or sell Shutterstock stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Shutterstock in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street 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 target for 2024?

3 brokerages have issued 1 year target prices for Shutterstock's stock. Their SSTK share price targets range from $55.00 to $70.00. On average, they anticipate the company's stock price to reach $62.50 in the next twelve months. This suggests a possible upside of 24.8% 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 2024?

Shutterstock's stock was trading at $48.28 at the beginning of the year. Since then, SSTK stock has increased by 3.7% and is now trading at $50.08.
View the best growth stocks for 2024 here
.

When is Shutterstock's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
View our SSTK earnings forecast
.

How were Shutterstock's earnings last quarter?

Shutterstock, Inc. (NYSE:SSTK) released its earnings results on Tuesday, October, 26th. The business services provider reported $0.70 EPS for the quarter, beating the consensus estimate of $0.58 by $0.12. The business services provider had revenue of $194.40 million for the quarter, compared to the consensus estimate of $185.84 million. Shutterstock had a trailing twelve-month return on equity of 23.04% and a net margin of 12.61%. Shutterstock's revenue was up 17.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.63 earnings per share.

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

Shutterstock announced a quarterly dividend on Tuesday, January 30th. Investors of record on Thursday, February 29th will be paid a dividend of $0.30 per share on Thursday, March 14th. This represents a $1.20 annualized dividend and a dividend yield of 2.40%. The ex-dividend date of this dividend is Wednesday, February 28th. This is a boost from the stock's previous quarterly dividend of $0.27.
Read our dividend analysis for SSTK
.

Is Shutterstock a good dividend stock?

Shutterstock (NYSE:SSTK) pays an annual dividend of $1.20 per share and currently has a dividend yield of 2.40%. 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.

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

Shutterstock issued an update on its FY24 earnings guidance on Wednesday, February, 21st. The company provided earnings per share 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.

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).

Who are Shutterstock's major shareholders?

Shutterstock's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.06%), Copeland Capital Management LLC (3.90%), LSV Asset Management (3.84%), Trigran Investments Inc. (3.40%), TD Asset Management Inc (2.54%) and Dimensional Fund Advisors LP (2.30%). Insiders that own company stock include Deirdre Mary Bigley, Jarrod Yahes, John Caine, Jonathan Oringer, Paul J Hennessy, Peter Silvio, Stan Pavlovsky, Steven Ciardiello and Thomas R Evans.
View institutional ownership trends
.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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
This page (NYSE:SSTK) was last updated on 3/3/2024 by MarketBeat.com Staff