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NYSE:SSTK

Shutterstock - SSTK Stock Forecast, Price & News

$71.42
+0.03 (+0.04%)
(As of 03/29/2023 04:00 PM ET)
Add
Compare
Today's Range
$71.18
$72.48
50-Day Range
$61.01
$79.67
52-Week Range
$44.61
$98.74
Volume
544,998 shs
Average Volume
435,586 shs
Market Capitalization
$2.56 billion
P/E Ratio
34.50
Dividend Yield
1.51%
Price Target
$96.25

Shutterstock MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
33.9% Upside
$96.25 Price Target
Short Interest
Bearish
9.28% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.33mentions of Shutterstock in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$12.75 M Sold Last Quarter
Proj. Earnings Growth
13.45%
From $2.75 to $3.12 Per Share

Overall MarketRank

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

2.77 out of 5 stars

Computer And Technology Sector

83rd out of 615 stocks

Data Processing & Preparation Industry

8th out of 68 stocks


SSTK stock logo

About Shutterstock (NYSE:SSTK) Stock

Shutterstock, Inc. engages in the provision of a global creative platform for transformative brands and media companies. Its content types include image, footage, music, and editorial. The company was founded by Jonathan Evan Oringer in 2003 and is headquartered in New York, NY.

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SSTK Stock News Headlines

Shutterstock has found an unlikely ally in AI
Shutterstock (NYSE:SSTK) Could Become A Multi-Bagger
The "King Of Quants" sees 10X potential...
Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...
Biden To Unleash "Choke Point" Operation On America?
Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.
TME vs. SSTK: Which Stock Should Value Investors Buy Now?
Why Shutterstock, Inc. (NYSE:SSTK) Could Be Worth Watching
16 Largest Photography Companies In The World
TME or SSTK: Which Is the Better Value Stock Right Now?
See More Headlines
Receive SSTK Stock News and Ratings via Email

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SSTK Company Calendar

Last Earnings
10/26/2021
Ex-Dividend for 3/16 Dividend
3/01/2023
Dividend Payable
3/16/2023
Today
3/29/2023
Next Earnings (Estimated)
4/25/2023
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
$96.25
High Stock Price Forecast
$125.00
Low Stock Price Forecast
$84.00
Forecasted Upside/Downside
+33.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Net Income
$76.10 million
Pretax Margin
11.00%

Debt

Sales & Book Value

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

Miscellaneous

Free Float
23,118,000
Market Cap
$2.58 billion
Optionable
Optionable
Beta
1.23

Social Links


Key Executives

  • Paul J. Hennessy
    Chief Executive Officer & Director
  • Kunal Mehta
    Global Head-Business Operations
  • Jarrod Yahes
    Chief Financial Officer
  • Sejal Amin
    Chief Technology Officer
  • Jamie Elden
    Chief Revenue Officer













SSTK Stock - Frequently Asked Questions

Should I buy or sell Shutterstock stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shutterstock in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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 Wall Street research analysts have issued 12-month price targets for Shutterstock's stock. Their SSTK share price forecasts range from $84.00 to $125.00. On average, they predict the company's share price to reach $96.25 in the next year. This suggests a possible upside of 33.8% 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 shares have increased by 36.4% and is now trading at $71.92.
View the best growth stocks for 2023 here
.

Are investors shorting Shutterstock?

Shutterstock saw a increase in short interest in March. As of March 15th, there was short interest totaling 2,240,000 shares, an increase of 31.8% from the February 28th total of 1,700,000 shares. Based on an average trading volume of 410,800 shares, the days-to-cover ratio is currently 5.5 days. Currently, 9.3% of the shares of the stock are short sold.
View Shutterstock's Short Interest
.

When is Shutterstock's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023.
View our SSTK earnings forecast
.

How were Shutterstock's earnings last quarter?

Shutterstock, Inc. (NYSE:SSTK) announced its quarterly earnings data on Tuesday, October, 26th. The business services provider reported $0.70 EPS for the quarter, topping the consensus estimate of $0.58 by $0.12. The business services provider had revenue of $194.40 million for the quarter, compared to analyst estimates of $185.84 million. Shutterstock had a net margin of 9.19% and a trailing twelve-month return on equity of 25.45%. Shutterstock's quarterly revenue was up 17.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.63 EPS.

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

Shutterstock announced a quarterly dividend on Monday, January 30th. Stockholders of record on Thursday, March 2nd will be paid a dividend of $0.27 per share on Thursday, March 16th. This represents a $1.08 annualized dividend and a dividend yield of 1.50%. The ex-dividend date of this dividend is Wednesday, March 1st. This is a positive change from the stock's previous quarterly dividend of $0.24.
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 1.50%. 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 52.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SSTK will have a dividend payout ratio of 34.62% 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 2023 earnings guidance on Thursday, February, 9th. The company provided earnings per share guidance of $3.90-$4.05 for the period, compared to the consensus earnings per share estimate of $3.50. The company issued revenue guidance of $836.00 million-$853.00 million, compared to the consensus revenue estimate of $832.03 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), Honeywell International (HON), 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 shareholders include Macquarie Group Ltd. (3.81%), Copeland Capital Management LLC (2.75%), Dimensional Fund Advisors LP (2.34%), Renaissance Technologies LLC (2.34%), Millennium Management LLC (1.51%) and Boston Trust Walden Corp (1.46%). 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 $71.92.

How much money does Shutterstock make?

Shutterstock (NYSE:SSTK) has a market capitalization of $2.58 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 $2.07 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 3/29/2023 by MarketBeat.com Staff