Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Northern (NTRS)
NASDAQ:NTRS
Northern (NTRS) Stock Price & Analysis
512 Followers
NTRS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$60.73 - $92.46
Previous Close$85.49
Volume1.46M
Average Volume (3M)1.25M
Market Cap
$17.49B
Enterprise Value$30.83B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$13.34B
Price to Earnings (P/E)11.7
Beta1.19
Next Earnings
Oct 23, 2024EPS Estimate
$1.73Next Dividend Ex-Date
Sep 06, 2024Dividend Yield3.51%
Share Statistics
EPS (TTM)7.30
Shares Outstanding204,591,724
10 Day Avg. Volume1,313,637
30 Day Avg. Volume1,245,777
Standard Deviation0.08
R-Squared0.55
Alpha-0.00819
Financial Highlights & Ratios
Price to Book (P/B)1.55
Price to Sales (P/S)2.50
Price to Cash Flow (P/CF)-2.90
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.61
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$93.05Price Target Upside8.84% Upside
Rating ConsensusHold
Number of Analyst Covering11
Northern News
PremiumCompany Announcements
Northern’s Mid-Year Financial Performance Conference Call
Bulls Say, Bears Say
Bulls Say
Dividend YieldThe company offers a dividend yield of 3.66%.
Earnings2Q24 core EPS of $1.80 beat $1.77 consensus, driven by stronger fees (+4.5%) offset by slightly higher expenses (~1%).
Share BuybacksShare buybacks should be supported by monetizing of Visa shares with another $300mn in gains to be realized in early August.
Bears Say
EarningsThe emergence of downside NII risk tied to certain wealth management sweep deposits is likely adding to investor caution on the near-term EPS outlook.
Financial PerformanceCore costs were up 7% Y-Y in 2Q and will remain around there in 3Q.
ManagementMgmt. 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.
---
Ownership Overview
5.69% Insiders
32.95% Mutual Funds
25.00% Other Institutional Investors
36.36% 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.
---
NTRS FAQ
What was Northern’s price range in the past 12 months?
Northern lowest stock price was $60.73 and its highest was $92.46 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 93 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 3.51%. See more information on Northern dividends here
What is Northern’s EPS estimate?
Northern’s EPS estimate is $1.73.
How many shares outstanding does Northern have?
Northern has 204,591,720 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 -5.068%.
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 603M.
---
Northern Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$93.05 (8.84% Upside)
$93.05 (8.84% Upside)
Blogger Sentiment
Bullish
NTRS Sentiment 75%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 148.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.8%
Last 30 Days ▲ 6.2%
Last 30 Days ▲ 6.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
9.20%
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.
---
NTRS Company Deck
---
NTRS Earnings Call
Q2 2024
0:00 / 0:00
---
NTRS Revenue Breakdown
70.74% Noninterest income
29.26% Net interest income
---
NTRS Stock 12 Month Forecast
Average Price Target
$93.05
▲(8.84% Upside)
Technical Analysis
Best Analysts Covering NTRS
1 Year
1 Year Success Rate
20/35 ratings generated profit
1 Year Average Return
+4.08%
reiterated a buy rating 6 days ago
Copying Gerard Cassidy's trades and holding each position for 1 Year would result in 57.14% of your transactions generating a profit, with an average return of +4.08% per trade.
---