Shutterstock Stock Forecast, Price & News

Shutterstock's stock was trading at $32.61 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SSTK shares have increased by 64.1% and is now trading at $53.52.
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3 Wall Street 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, resulting in a consensus recommendation of "Buy."
View analyst ratings for Shutterstock.

Shutterstock is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020.
View our earnings forecast for Shutterstock.

Shutterstock Inc (NYSE:SSTK) issued its quarterly earnings data on Tuesday, July, 28th. The business services provider reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.36. The business services provider had revenue of $159.23 million for the quarter, compared to the consensus estimate of $149.97 million. Shutterstock had a net margin of 5.05% and a return on equity of 10.85%. The firm's revenue was down 1.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.33 EPS.
View Shutterstock's earnings history.

Shutterstock announced a quarterly dividend on Wednesday, July 29th. Stockholders of record on Thursday, September 3rd will be given a dividend of $0.17 per share on Thursday, September 17th. This represents a $0.68 annualized dividend and a dividend yield of 1.27%. The ex-dividend date of this dividend is Wednesday, September 2nd.
View Shutterstock's dividend history.

3 analysts have issued twelve-month target prices for Shutterstock's shares. Their forecasts range from $37.00 to $60.00. On average, they anticipate Shutterstock's stock price to reach $49.00 in the next twelve months. This suggests that the stock has a possible downside of 8.4%.
View analysts' price targets for Shutterstock.

Shutterstock saw a increase in short interest in August. As of August 14th, there was short interest totaling 2,440,000 shares, an increase of 10.4% from the July 30th total of 2,210,000 shares. Based on an average daily trading volume, of 272,600 shares, the short-interest ratio is currently 9.0 days. Currently, 12.7% of the shares of the stock are short sold.
View Shutterstock's Short Interest.

Some companies that are related to Shutterstock include Thomson Reuters (TRI), New York Times (NYT), Morningstar (MORN), JOHN WILEY & SONS -CL A (JW.A), E. W. Scripps (SSP), Scholastic (SCHL), Meredith (MDP), Daily Journal (DJCO), Value Line (VALU) and McClatchy (MNI).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Shutterstock investors own include Alibaba Group (BABA), Intel (INTC), QUALCOMM (QCOM), CVS Health (CVS), Verizon Communications (VZ), Cisco Systems (CSCO), Johnson & Johnson (JNJ), AT&T (T), Walt Disney (DIS) and Gilead Sciences (GILD).

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

Shutterstock's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (6.41%), ArrowMark Colorado Holdings LLC (6.40%), Bernzott Capital Advisors (2.55%), Goldman Sachs Group Inc. (1.31%), ProShare Advisors LLC (1.03%) and Bank of New York Mellon Corp (0.70%). Company insiders that own Shutterstock stock include Deirdre Mary Bigley, Jonathan Oringer, Martin Brodbeck and Thomas R Evans.
View institutional ownership trends for Shutterstock.

SSTK stock was sold by a variety of institutional investors in the last quarter, including Man Group plc, Spark Investment Management LLC, Canada Pension Plan Investment Board, Goldman Sachs Group Inc., Marshall Wace LLP, Bank of New York Mellon Corp, Bernzott Capital Advisors, and Bank of America Corp DE. Company insiders that have sold Shutterstock company stock in the last year include Deirdre Mary Bigley, and Jonathan Oringer.
View insider buying and selling activity for Shutterstock.

SSTK stock was acquired by a variety of institutional investors in the last quarter, including ProShare Advisors LLC, Nordea Investment Management AB, Vanguard Group Inc., Barclays PLC, AQR Capital Management LLC, First Trust Advisors LP, Marshall Wace North America L.P., and AlphaCrest Capital Management LLC.
View insider buying and selling activity for Shutterstock.

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 $53.52.

Shutterstock has a market capitalization of $1.91 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.

The official website for Shutterstock is 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]