Several analysts have recently updated their ratings and price targets for Northern Trust Corp. (NASDAQ: NTRS):
Northern Trust Corp. (NASDAQ:NTRS) opened at 82.15 on Monday. The company’s 50-day moving average price is $74.90 and its 200-day moving average price is $70.39. The stock has a market capitalization of $18.60 billion, a PE ratio of 19.57 and a beta of 1.02. Northern Trust Corp. has a one year low of $54.38 and a one year high of $83.09.
Northern Trust Corp. (NASDAQ:NTRS) last posted its earnings results on Wednesday, October 19th. The company reported $1.08 EPS for the quarter, missing the Zacks’ consensus estimate of $1.09 by $0.01. The firm had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.25 billion. Northern Trust Corp. had a return on equity of 11.55% and a net margin of 19.58%. The firm’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.96 earnings per share. Equities research analysts predict that Northern Trust Corp. will post $4.28 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Sunday, January 1st. Stockholders of record on Friday, December 2nd will be issued a $0.38 dividend. The ex-dividend date is Wednesday, November 30th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.85%. Northern Trust Corp.’s dividend payout ratio (DPR) is 36.45%.