NYSE:SSTK Shutterstock - SSTK Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Shutterstock, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $69.60 +5.45 (+8.50%) (As of 01/27/2023 12:00 AM ET) Add Compare Share Share Today's Range$64.00▼$70.0050-Day Range$49.42▼$69.6052-Week Range$44.61▼$98.74Volume476,285 shsAverage Volume254,405 shsMarket Capitalization$2.49 billionP/E Ratio29.87Dividend Yield1.50%Price Target$78.50 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Shutterstock MarketRank™ ForecastAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside12.8% Upside$78.50 Price TargetShort InterestHealthy8.08% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.48Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth-15.57%From $3.34 to $2.82 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.36 out of 5 starsComputer And Technology Sector186th out of 634 stocksData Processing & Preparation Industry20th out of 72 stocks 2.3 Analyst's Opinion Consensus RatingShutterstock has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $78.50, Shutterstock has a forecasted upside of 12.8% from its current price of $69.60.Amount of Analyst CoverageShutterstock has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted8.08% of the float of Shutterstock has been sold short.Short Interest Ratio / Days to CoverShutterstock has a short interest ratio ("days to cover") of 6.5.Change versus previous monthShort interest in Shutterstock has recently decreased by 13.12%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldShutterstock pays a meaningful dividend of 1.50%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthShutterstock has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Shutterstock is 41.20%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Shutterstock will have a dividend payout ratio of 34.04% next year. This indicates that Shutterstock will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SSTK. Previous Next 3.0 News and Social Media Coverage News SentimentShutterstock has a news sentiment score of 0.48. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Shutterstock this week, compared to 3 articles on an average week.Search Interest1 people have searched for SSTK on MarketBeat in the last 30 days. MarketBeat Follows1 people have added Shutterstock to their MarketBeat watchlist in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Shutterstock insiders have not sold or bought any company stock.Percentage Held by Insiders35.50% of the stock of Shutterstock is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions70.01% of the stock of Shutterstock is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Shutterstock are expected to decrease by -15.57% in the coming year, from $3.34 to $2.82 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Shutterstock is 29.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.57.Price to Earnings Ratio vs. SectorThe P/E ratio of Shutterstock is 29.87, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 387.60.Price to Earnings Growth RatioShutterstock has a PEG Ratio of 7.06. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioShutterstock has a P/B Ratio of 5.43. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Shutterstock (NYSE:SSTK) StockShutterstock, Inc. engages in the operation of a marketplace for licensed content. The firm licenses images, video, music, editorial assets, and custom content tailored to a brand's needs. The company was founded by Jonathan Oringer in 2003 and is headquartered in New York, NY.Read More Receive SSTK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Shutterstock and its competitors with MarketBeat's FREE daily newsletter. Email Address SSTK Stock News HeadlinesJanuary 22, 2023 | americanbankingnews.comAnalyzing Shutterstock (NYSE:SSTK) & Auddia (NASDAQ:AUUD)January 22, 2023 | americanbankingnews.comShutterstock, Inc. (NYSE:SSTK) Receives $63.00 Average PT from BrokeragesJanuary 27, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…January 17, 2023 | finance.yahoo.comShutterstock Celebrates the Power of Storytelling at the 2023 Sundance Film FestivalJanuary 10, 2023 | finance.yahoo.comShutterstock Joins the Value Stream Management Consortium as a Leader MemberDecember 16, 2022 | benzinga.comFed Signals More Rate Hikes, but Investors Take Yields LowerDecember 11, 2022 | markets.businessinsider.comA flight attendant who says she was fired by Spirit for being overweight is suing the airlineDecember 9, 2022 | finance.yahoo.comShutterstock (NYSE:SSTK) stock falls 7.4% in past week as one-year earnings and shareholder returns continue downward trendJanuary 27, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…November 25, 2022 | finance.yahoo.comThere's A Lot To Like About Shutterstock's (NYSE:SSTK) Upcoming US$0.24 DividendNovember 24, 2022 | finance.yahoo.comIs Shutterstock (SSTK) a Worthy Stock for Value Investors?November 22, 2022 | finance.yahoo.comIs Weakness In Shutterstock, Inc. (NYSE:SSTK) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?November 20, 2022 | finance.yahoo.comBlack Friday clogs stores, streets — and pipes? You may not buy these 9 weird Black Friday factsNovember 20, 2022 | finance.yahoo.com20 Black Friday fails, fiascos and freak-outs store employees will never forgetNovember 8, 2022 | finance.yahoo.comShutterstock Third Quarter 2022 Earnings: EPS Beats Expectations, Revenues LagOctober 28, 2022 | finance.yahoo.comA Shutterstock, Inc. (NYSE:SSTK) insider increased their holdings by 94% last yearOctober 26, 2022 | markets.businessinsider.com5 Analysts Have This to Say About ShutterstockOctober 26, 2022 | msn.comRecap: Shutterstock Q3 EarningsOctober 26, 2022 | seekingalpha.comShutterstock soars 14% on AI-content team up, Q3 EPS beat; cuts FY22 revenue outlookOctober 25, 2022 | finance.yahoo.comShutterstock Shares Pop 11% After Clocking 10% Revenue Growth In Q3; Expands OpenAI PartnershipOctober 25, 2022 | finance.yahoo.comShutterstock Analyst Highlights Mixed Q3 With Margins Offsetting Demand HeadwindsOctober 25, 2022 | finance.yahoo.comShutterstock (SSTK) Beats Q3 Earnings EstimatesOctober 14, 2022 | nasdaq.comDeclining Stock and Solid Fundamentals: Is The Market Wrong About Shutterstock, Inc. (NYSE:SSTK)?October 14, 2022 | washingtonpost.comThe scene after a gunman killed 5, including an off-duty officer, in North Carolina - The Washington PostOctober 10, 2022 | finance.yahoo.comShutterstock, Inc. (SSTK)October 7, 2022 | washingtonpost.comPictures of what happened this week: Team members form a human tower during the Castells contest in Spain; a mass prayer is held for victims of a deadly stampede in Indonesia - The Washington PostOctober 7, 2022 | washingtonpost.comThe scene after a Thai ex-cop killed dozens at a day-care center - The Washington PostSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive SSTK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Shutterstock and its competitors with MarketBeat's FREE daily newsletter. Email Address SSTK Company Calendar Last Earnings10/26/2021Ex-Dividend for 12/15 Dividend11/30/2022Dividend Payable12/15/2022Today1/27/2023Next Earnings (Confirmed)2/09/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Data processing & preparation Sub-IndustryPublishing SectorComputer and Technology Current SymbolNYSE:SSTK CUSIP82569010 CIK1549346 Webwww.shutterstock.com Phone(646) 710-3417FaxN/AEmployees1,148Year FoundedN/APrice Target and Rating Average Stock Price Forecast$78.50 High Stock Price Forecast$125.00 Low Stock Price Forecast$47.00 Forecasted Upside/Downside+12.8%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$2.33 Trailing P/E Ratio29.87 Forward P/E Ratio20.84 P/E Growth7.06Net Income$91.88 million Net Margins10.53% Pretax Margin11.85% Return on Equity24.11% Return on Assets12.81% Debt Debt-to-Equity RatioN/A Current Ratio0.45 Quick Ratio0.45 Sales & Book Value Annual Sales$773.41 million Price / Sales3.22 Cash Flow$4.57 per share Price / Cash Flow15.23 Book Value$12.82 per share Price / Book5.43Miscellaneous Outstanding Shares35,815,000Free Float23,101,000Market Cap$2.49 billion OptionableOptionable Beta1.06 Key ExecutivesPaul J. HennessyChief Executive Officer & DirectorJarrod YahesChief Financial OfficerSejal AminChief Technology OfficerJamie EldenChief Revenue OfficerMeeckel BeecherHead-Diversity, Equity & InclusionKey CompetitorsE2open ParentNYSE:ETWOCSG Systems InternationalNASDAQ:CSGSTaskUsNASDAQ:TASKUpworkNASDAQ:UPWKJOYYNASDAQ:YYView All CompetitorsInsiders & InstitutionsRice Hall James & Associates LLCSold 2,890 shares on 1/27/2023Ownership: 1.138%M&G Investment Management Ltd.Bought 21,877 shares on 1/27/2023Ownership: 0.133%Comerica BankSold 91,028 shares on 1/26/2023Ownership: 0.046%Dupont Capital Management CorpSold 416 shares on 1/26/2023Ownership: 0.011%Fifth Third BancorpSold 391 shares on 1/25/2023Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions SSTK Stock - Frequently Asked Questions Should I buy or sell Shutterstock stock right now? 5 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 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SSTK shares. View SSTK analyst ratings or view top-rated stocks. What is Shutterstock's stock price forecast for 2023? 5 brokers have issued 1-year target prices for Shutterstock's shares. Their SSTK share price forecasts range from $47.00 to $125.00. On average, they predict the company's stock price to reach $78.50 in the next year. This suggests a possible upside of 19.4% 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 on January 1st, 2023. Since then, SSTK shares have increased by 24.7% and is now trading at $65.72. 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 Thursday, February 9th 2023. View our SSTK earnings forecast. How can I listen to Shutterstock's earnings call? Shutterstock will be holding an earnings conference call on Thursday, February 9th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link. How were Shutterstock's earnings last quarter? Shutterstock, Inc. (NYSE:SSTK) issued its quarterly earnings data on Tuesday, October, 26th. The business services provider reported $0.70 EPS for the quarter, topping analysts' consensus estimates of $0.58 by $0.12. The business services provider earned $194.40 million during the quarter, compared to the consensus estimate of $185.84 million. Shutterstock had a trailing twelve-month return on equity of 24.11% and a net margin of 10.53%. The firm's quarterly revenue was up 17.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.63 EPS. How often does Shutterstock pay dividends? What is the dividend yield for Shutterstock? Shutterstock announced a quarterly dividend on Monday, October 17th. Stockholders of record on Thursday, December 1st will be given a dividend of $0.24 per share on Thursday, December 15th. This represents a $0.96 dividend on an annualized basis and a yield of 1.46%. The ex-dividend date is Wednesday, November 30th. Read our dividend analysis for SSTK. Is Shutterstock a good dividend stock? Shutterstock (NYSE:SSTK) pays an annual dividend of $0.96 per share and currently has a dividend yield of 1.50%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 41.20%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SSTK will have a dividend payout ratio of 34.04% 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 FY 2022 earnings guidance on Tuesday, November, 1st. The company provided earnings per share guidance of $3.75-$3.80 for the period, compared to the consensus EPS estimate of $3.78. The company issued revenue guidance of $815.00 million-$815.00 million, compared to the consensus revenue estimate of $839.47 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), Raytheon Technologies (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." Who are Shutterstock's major shareholders? Shutterstock's stock is owned by a number of retail and institutional investors. Top institutional investors include Copeland Capital Management LLC (2.75%), Boston Trust Walden Corp (1.46%), Assenagon Asset Management S.A. (0.92%), Hennion & Walsh Asset Management Inc. (0.12%), Allspring Global Investments Holdings LLC (0.09%) and Comerica Bank (0.05%). 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. 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 $65.72. How much money does Shutterstock make? Shutterstock (NYSE:SSTK) has a market capitalization of $2.35 billion and generates $773.41 million in revenue each year. The business services provider earns $91.88 million in net income (profit) each year or $2.33 on an earnings per share basis. How many employees does Shutterstock have? The company employs 1,148 workers across the globe. 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 1/27/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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