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Tuesday, December 5, 2023

An Evaluation Of Northern Trust Corp. (NASDAQ: NTRS) Prospects

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Northern Trust Corp. (NTRS) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.07, or -0.10%, to $70.91. The Northern Trust Corp. has recorded 37,938 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Northern Trust Named Best Private Bank for Family Offices and Succession Planning.

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Stocks Info

NTRS belongs to the Financial sector of the NASDAQ while operating in the Asset Management industry. At the end of the last regular session, the stock closed at $70.98 and fluctuated between $71.09 as its day high and $69.98 as its day low. The current market capitalization of Northern Trust Corp. is $14.70B. A total of 1.7 million shares were traded on the day, compared to an average of 1.39M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, NTRS has seen 10 BUY and 0 SELL insider trades, representing the acquisition of 2,108 and the disposition of 0 shares. Over the last 12 months, there were 80 BUYs and 26 SELLs from insiders. Insiders purchased 325,789 shares during that period but sold 71,902.

In the most recent transaction, Tyler Jason J. bought 400 shares of NTRS for 62.69 per share on Oct 25. After the transaction, the EVP & Chief Financial Officer now owns 41,477 company shares. In a previous transaction on Oct 24, Levy Susan Cohen bought 5,000 shares at 64.41 per share. NTRS shares that EVP and General Counsel owns now total 31,085.

Among the insiders who bought shares, Tyler Jason J. acquired of 1,350 shares on Oct 24 at a per-share price of $64.55. This resulted in the EVP & Chief Financial Officer holding 41,077 shares of NTRS after the transaction. In another insider transaction, O’Grady Michael bought 20,000 shares at $65.10 per share on Oct 23. Company shares held by the Chairman and CEO now total 219,779.


Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Northern Trust Corp. pays an annual dividend of $3.01, resulting in a dividend yield of 4.24%, and it has a price to earnings (P/E) ratio of 13.47. NTRS’s most recent ex-dividend date was 12/7/2023 when it declared a $0.75 quarterly dividend that was paid in cash on 1/1/2024. Previously, the company paid the dividend on 10/1/2023 with an ex-dividend date of 9/7/2023. The NTRS stock dividend was $0.75 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for NTRS in the last 3 months, the mean price target is $75.29 with high estimates of $90.00 and low estimates of $65.00. In terms of 52-week highs and lows, NTRS has a high of $100.25 and a low of $62.44.

As of this writing, NTRS has an earnings estimate of $1.27 per share for the current quarter. EPS was calculated based on a consensus of 14 estimates, with a high estimate of $1.44 per share and a lower estimate of $1.03. The company reported an EPS of $1.56 in the last quarter, which was -3.70% lower than expectations of $1.62.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. Its Book Value Per Share was $52.95, while its Total Shareholder’s Equity was $12.02B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 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 Buy with a score of 3.23.

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