NYSE:SSTK - Shutterstock Stock Price, Forecast & News

Shutterstock's stock was trading at $32.61 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, SSTK shares have decreased by 1.6% and is now trading at $32.08. View which stocks have been mosted impacted by Coronavirus.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shutterstock in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Shutterstock.

Shutterstock is scheduled to release its next quarterly earnings announcement on Thursday, April 23rd 2020. View our earnings forecast for Shutterstock.

Shutterstock Inc (NYSE:SSTK) posted its quarterly earnings results on Thursday, February, 13th. The business services provider reported $0.26 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.40 by $0.14. The business services provider earned $166.37 million during the quarter, compared to analysts' expectations of $170.54 million. Shutterstock had a return on equity of 8.46% and a net margin of 3.09%. The company's revenue for the quarter was up 2.7% on a year-over-year basis. During the same quarter last year, the business earned $0.59 earnings per share. View Shutterstock's earnings history.

Shutterstock declared a quarterly dividend on Tuesday, February 11th. Shareholders of record on Thursday, March 5th will be given a dividend of $0.17 per share on Thursday, March 19th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.12%. The ex-dividend date of this dividend is Wednesday, March 4th. View Shutterstock's dividend history.

Shutterstock issued an update on its FY20 earnings guidance on Thursday, February, 13th. The company provided earnings per share (EPS) guidance of $1.42-1.58 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.28. The company issued revenue guidance of $665-690 million, compared to the consensus revenue estimate of $690.71 million.

1 equities research analysts have issued 1 year price objectives for Shutterstock's stock. Their forecasts range from $38.00 to $38.00. On average, they anticipate Shutterstock's share price to reach $38.00 in the next year. This suggests a possible upside of 18.5% from the stock's current price. View analysts' price targets for Shutterstock.

News stories about SSTK stock have been trending very positive on Tuesday, according to InfoTrie Sentiment. The research group ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Shutterstock earned a news impact score of 3.2 on InfoTrie's scale. They also gave news headlines about the business services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutShutterstock.

Some companies that are related to Shutterstock include Thomson Reuters (TRI), New York Times (NYT), Morningstar (MORN), JOHN WILEY & SONS -CL A (JW.A), Scholastic (SCHL), E. W. Scripps (SSP), Meredith (MDP), Value Line (VALU), Daily Journal (DJCO) and McClatchy (MNI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Shutterstock investors own include Twitter (TWTR), AT&T (T), Baidu (BIDU), Netflix (NFLX), Gilead Sciences (GILD), QUALCOMM (QCOM), Walt Disney (DIS), Pfizer (PFE), Visa (V) and Verizon Communications (VZ).

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

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

One share of SSTK stock can currently be purchased for approximately $32.08.

Shutterstock has a market capitalization of $1.14 billion and generates $650.52 million in revenue each year. The business services provider earns $20.11 million in net income (profit) each year or $0.74 on an earnings per share basis. Shutterstock employs 1,116 workers across the globe. View additional information about Shutterstock.

The official website for Shutterstock is http://www.shutterstock.com/.

Shutterstock's mailing address is 350 FIFTH AVENUE 21ST FLOOR, NEW YORK NY, 10118. The business services provider can be reached via phone at 646-710-3417 or via email at [email protected]