There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Northern Trust Corporation (NTRS) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.23, or -0.24%, to $94.75. The Northern Trust Corporation has recorded 51,511 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Northern Trust Appoints Beth Opperman Southwest and Rocky Mountain Regions President.
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As a NASDAQ listed company, NTRS falls under the Financial sector while operating within the Asset Management industry segment. At the end of the last regular session, the stock closed at $94.98 and fluctuated between $95.06 as its day high and $92.83 as its day low. The current market capitalization of Northern Trust Corporation is $19.35B. A total of 0.8 million shares were traded on the day, compared to an average of 1.00M shares.
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, NTRS has seen 15 BUY and 1 SELL insider trades, representing the acquisition of 35,253 and the disposition of 1,764 shares. Over the last 12 months, there were 81 BUYs and 12 SELLs from insiders. Insiders purchased 135,614 shares during that period but sold 42,804.
In the most recent transaction, Tyler Jason J. sold 1,764 shares of NTRS for 96.98 per share on Feb 06. After the transaction, the EVP & Chief Financial Officer now owns 30,470 company shares. In a previous transaction on Mar 10, Allnutt Lauren E sold 393 shares at 105.61 per share. NTRS shares that EVP & Controller owns now total 4,534.
Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Northern Trust Corporation pays an annual dividend of $3.00, resulting in a dividend yield of 3.16%, and it has a price to earnings (P/E) ratio of 15.47. NTRS’s most recent ex-dividend date was 3/9/2023 when it declared a $0.75 quarterly dividend that was paid in cash on 4/1/2023. Previously, the company paid the dividend on 1/1/2023 with an ex-dividend date of 12/8/2022. The NTRS stock dividend was $0.75 per share in cash.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for NTRS in the last 3 months, the mean price target is $98.07 with high estimates of $118.00 and low estimates of $84.00. In terms of 52-week highs and lows, NTRS has a high of $121.25 and a low of $76.15.
As of this writing, NTRS has an earnings estimate of $1.54 per share for the current quarter. EPS was calculated based on a consensus of 14 estimates, with a high estimate of $1.67 per share and a lower estimate of $1.43. The company reported an EPS of $1.8 in the last quarter, which was -2.20% lower than expectations of $1.84.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects.
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 18 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NTRS is Underweight with a score of 3.30. A total of 4 analysts rated the stock as Buy while 0 rated it as Overweight while 12 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 2 thought it should be Sold.