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Northern (NTRS)
NASDAQ:NTRS
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NTRS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$62.44 - $92.82
Previous Close$91.09
Volume946.70K
Average Volume (3M)1.19M
Market Cap
$18.37B
Enterprise Value$32.01B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$13.64B
Price to Earnings (P/E)12.5
Beta1.21
Next Earnings
Oct 23, 2024EPS Estimate
$1.74Last Dividend Ex-Date
Sep 06, 2024Dividend Yield3.28%
Share Statistics
EPS (TTM)7.30
Shares Outstanding201,637,855
10 Day Avg. Volume1,045,621
30 Day Avg. Volume1,192,587
Standard Deviation0.08
R-Squared0.55
Alpha-0.00860
Financial Highlights & Ratios
Price to Book (P/B)1.56
Price to Sales (P/S)2.42
Price to Cash Flow (P/CF)1.50
P/FCF Ratio1.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.19
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$94.08Price Target Upside2.07% Upside
Rating ConsensusHold
Number of Analyst Covering14
Northern News
PremiumCompany Announcements
Northern Trust Announces Strategic Leadership ReshuffleBulls Say, Bears Say
Bulls Say
Financial PerformanceNorthern Trust's core EPS of $1.80 beat the consensus estimate of $1.77, driven by stronger fees.
Management RestructuringThe management restructuring aims to boost organic growth, particularly in the competitive Wealth sector.
Share BuybacksShare buybacks are expected to be supported by gains from monetizing Visa shares, with another $300 million in gains anticipated.
Bears Say
Expense GrowthNTRS has accelerated spending with funds from the Visa share sale, which will likely keep expense growth toward the high end of the target of 5%.
Management ChangesThe management changes involve a reshuffling of current executives, most of whom are in their 60s, which could mean additional changes will be forthcoming in a few years.
Profitability ConcernsMgmt. guiding up the expense outlook (“5% is going to be really hard”), which feeds into investor pushback that we hear frequently about lack of confidence in mgmt’s ability to boost franchise profitability.
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Ownership Overview
1.49% Insiders
30.36% Mutual Funds
0.08% Other Institutional Investors
44.13% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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NTRS FAQ
What was Northern’s price range in the past 12 months?
Northern lowest stock price was $62.44 and its highest was $92.81 in the past 12 months.
What is Northern’s market cap?
Currently, no data Available
When is Northern’s upcoming earnings report date?
Northern’s upcoming earnings report date is Oct 23, 2024 which is in 11 days.
How were Northern’s earnings last quarter?
Northern released its earnings results on Jul 17, 2024. The company reported $1.78 earnings per share for the quarter, beating the consensus estimate of $1.753 by $0.027.
Is Northern overvalued?
According to Wall Street analysts Northern’s price is currently Undervalued.
Does Northern pay dividends?
Northern pays a Quarterly dividend of $0.75 which represents an annual dividend yield of 3.28%. See more information on Northern dividends here
What is Northern’s EPS estimate?
Northern’s EPS estimate is $1.74.
How many shares outstanding does Northern have?
Northern has 201,637,850 shares outstanding.
What happened to Northern’s price movement after its last earnings report?
Northern reported an EPS of $1.78 in its last earnings report, beating expectations of $1.753. Following the earnings report the stock price went down -5.067%.
Which hedge fund is a major shareholder of Northern?
Among the largest hedge funds holding Northern’s share is PRIMECAP Management Co. It holds Northern’s shares valued at 592M.
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Northern Stock Smart Score
Unlock Smart Score
1
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10
Analyst Consensus
Hold
Average Price Target:
$94.08 (2.07% Upside)
$94.08 (2.07% Upside)
Blogger Sentiment
Bullish
NTRS Sentiment 75%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 407.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.6%
Last 30 Days ▲ 3.5%
Last 30 Days ▲ 3.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
39.43%
12-Months-Change
Fundamentals
Return on Equity
12.66%
Trailing 12-Months
Asset Growth
0.03%
Trailing 12-Months
Company Description
Northern
Northern Trust Corp. is a financial holding company, which engages in the provision of asset servicing, fund administration, asset management, fiduciary, and banking solutions for corporations, institutions, families, and individuals. It operates through the following segments: Corporate & Institutional Services and Wealth Management. The Corporate & Institutional Services Segment offers asset servicing, brokerage, banking and related services to corporate and public retirement funds, foundations, endowments, fund managers, insurance companies, and sovereign wealth funds. The Wealth Management Segment includes trust, investment management, custody, and philanthropic services, financial consulting; guardianship and estate administration, family business consulting; family financial education, brokerage services and private and business banking. Northern Trust was founded in 1971 and is headquartered in Chicago, IL.
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NTRS Company Deck
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NTRS Earnings Call
Q2 2024
0:00 / 0:00
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NTRS Revenue Breakdown
70.74% Noninterest income
29.26% Net interest income
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NTRS Stock 12 Month Forecast
Average Price Target
$94.08
▲(2.07% Upside)
Technical Analysis
State Street
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Bank of New York Mellon Corporation
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T Rowe Price
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Franklin Resources
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Best Analysts Covering NTRS
1 Year
1 Year Success Rate
21/35 ratings generated profit
1 Year Average Return
+5.24%
reiterated a buy rating 18 days ago
Copying Gerard Cassidy's trades and holding each position for 1 Year would result in 60.00% of your transactions generating a profit, with an average return of +5.24% per trade.
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