Northern Trust Corp

Northern Trust Corp Stock Forecast & Price Prediction

Live Northern Trust Corp Stock (NTRS) Price
$90.46

19

Ratings

  • Buy 6
  • Hold 12
  • Sell 1
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$90.46

P/E Ratio

12.11

Volume Traded Today

$929,300

Dividend

$0.75

52 Week High/low

92.82/62.44

Northern Trust Corp Market Cap

$17.80B

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NTRS Summary

Based on ratings from 19 stock analysts, the Northern Trust Corp stock price is expected to decrease by 0.04% in 12 months. This is calculated by using the average 12-month stock price forecast for Northern Trust Corp. The lowest target is $82 and the highest is $102. Please note analyst price targets are not guaranteed and could be missed completely.

NTRS Analyst Ratings

NTRS is a stock in Financial Services which has been forecasted to be worth $90.42 as an average. On the higher end, the forecast price is $102 USD by Michael Carrier from B of A Securities and on the lower end NTRS is forecasted to be $82 by from Barclays.

NTRS stock forecast by analyst

These are the latest 20 analyst ratings of NTRS.

Analyst/Firm

Rating

Price Target

Change

Date

Betsy Graseck
Morgan Stanley

Underweight

$97

Maintains

Sep 30, 2024
Alexander Blostein
Goldman Sachs

Sell

$82

Downgrade

Sep 26, 2024
Brian Bedell
Deutsche Bank

Hold

$94

Maintains

Sep 23, 2024
Brian Bedell
Deutsche Bank

Hold

$84

Maintains

Aug 15, 2024
Betsy Graseck
Morgan Stanley

Underweight

$93

Maintains

Jul 30, 2024
Gerard Cassidy
RBC Capital

Outperform

$90

Maintains

Jul 18, 2024
Alexander Blostein
Goldman Sachs

Neutral

$84

Maintains

Jul 2, 2024
David Konrad
Keefe, Bruyette & Woods

Market Perform

$85

Maintains

Jun 27, 2024
Ken Usdin
Jefferies

Buy

$103

Maintains

Apr 18, 2024
Michael Carrier
B of A Securities

Buy

$101

Maintains

Apr 17, 2024
Glenn Schorr
Evercore ISI Group

In-Line

$87

Maintains

Apr 4, 2024
Betsy Graseck
Morgan Stanley

Underweight

$86

Downgrade

Jan 30, 2024
Gerard Cassidy
RBC Capital

Outperform

$86

Maintains

Jan 19, 2024
Kenneth Usdin
Jefferies

Buy

$99

Upgrade

Jan 9, 2024
Brennan Hawken
UBS

Neutral

$84

Maintains

Jan 9, 2024
Steven Chubak
Wolfe Research

Underperform

$85

Downgrade

Jan 3, 2024
Jason Goldberg
Barclays

Equal-Weight

$98

Maintains

Jan 2, 2024
Betsy Graseck
Morgan Stanley

Equal-Weight

$80

Maintains

Dec 1, 2023
Betsy Graseck
Morgan Stanley

Equal-Weight

$78

Maintains

Nov 2, 2023
Betsy Graseck
Morgan Stanley

Equal-Weight

$82

Maintains

Oct 19, 2023

NTRS Company Information

What They Do: Provides wealth and asset management solutions.

Business Model: The company operates through two main segments: Asset Servicing and Wealth Management. It generates revenue by offering a wide range of services including custody, fund administration, investment management, and banking solutions to institutional investors and high-net-worth individuals, allowing it to cater to diverse financial needs.

Other Information: Founded in 1889 and headquartered in Chicago, Illinois, Northern Trust Corporation has a long-standing reputation in the financial services industry, serving a global clientele that includes corporations, families, and institutions. Its focus on both traditional and alternative asset classes allows it to provide comprehensive investment solutions.
NTRS
Northern Trust Corp (NTRS)

When did it IPO

1990

Staff Count

23,000

Country

United States

Sector/Industry

Financial Services/Asset Management

CEO

Mr. Michael Gerard O'Grady

Market Cap

$17.80B

Northern Trust Corp (NTRS) Financial Data

In 2023, NTRS generated $6.77B in revenue, which was a increase of 0.18% from the previous year. This can be seen as a signal that NTRS's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$6.10B

Revenue From 2021

$6.46B

5.96 %
From Previous Year

Revenue From 2022

$6.76B

4.59 %
From Previous Year

Revenue From 2023

$6.77B

0.18 %
From Previous Year
  • Revenue TTM $7.61B
  • Operating Margin TTM 46.5%
  • Gross profit TTM $0
  • Return on assets TTM 1.0%
  • Return on equity TTM 12.8%
  • Profit Margin 20.4%
  • Book Value Per Share 58.38%
  • Market capitalisation $17.80B
  • Revenue for 2021 $6.46B
  • Revenue for 2022 $6.76B
  • Revenue for 2023 $6.77B
  • EPS this year (TTM) $7.29

Northern Trust Corp (NTRS) Latest News

News Image

Wed, 25 Sep 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Zacks Premium research service offers Zacks Style Scores, assisting value, growth, and momentum investors in identifying strong stocks effectively.

Why It Matters - The Zacks Style Scores enhance stock selection across investment strategies, potentially improving returns and guiding investment decisions effectively.

News Image

Wed, 25 Sep 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Northern Trust Asset Management announced Lyenda Simpson Delp as Head of the Global Institutional Client Group, effective December 3, overseeing institutional businesses globally.

Why It Matters - Leadership changes can impact a firm's strategic direction and performance. Lyenda Simpson Delp's appointment may influence NTAMโ€™s institutional client relationships and growth prospects globally.

News Image

Fri, 27 Sep 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Institutional investors are focused on emerging technologies while being cautious of cyber risks and AI threats, as noted in a Northern Trust symposium attended by over 100 professionals.

Why It Matters - Institutional investors are prioritizing technology advancements and cyber risk management, signaling potential shifts in investment strategies and increased demand for cybersecurity solutions.

News Image

Mon, 16 Sep 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Northern Trust (NTRS) expands its partnership with 2Xideas AG to include Integrated Trading Solutions. 2Xideas manages around $2 billion in assets.

Why It Matters - Northern Trust's expanded partnership with 2Xideas AG enhances its service offerings, potentially increasing revenue and strengthening its market position in investment management.

News Image

Wed, 18 Sep 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Northern Trust has lowered its prime rate from 8.50% to 8.00%, effective September 19, 2024. The company specializes in wealth management and banking services.

Why It Matters - A decrease in Northern Trust's prime rate signals lower borrowing costs, potentially boosting consumer spending and investment, which can positively impact market performance and overall economic growth.

News Image

Tue, 17 Sep 2024

Sentiment - NEGATIVE

Source - Benzinga

Summary - The Nasdaq 100 declined approximately 0.5% on Monday, with investor attention on significant insider trades.

Why It Matters - A 0.5% decline in the Nasdaq 100 signals potential market weakness, while notable insider trades may indicate shifts in investor sentiment or confidence in specific companies.

...

NTRS Frequently asked questions

The highest forecasted price for NTRS is $102 from Michael Carrier at B of A Securities.

The lowest forecasted price for NTRS is $82 from from Barclays

The NTRS analyst ratings consensus are 6 buy ratings, 12 hold ratings, and 1 sell ratings.