- NTRS reported Q1 earnings of $181.4 million, or 75 cents per share, up from $164.0 million, or 67 cents per share, a year ago.
- Revenue increased to $1.04 billion, from $976.4 million last year.
- On average, analysts expected to see earnings of 78 cents and revenue of $1.07 billion.
NTRS Northern Trust
- Price as of: May 22, 01:00 AM EDT
- Regional - midwest banks
NTRS Stock Dividend DataAdd NTRS to Watchlist
NTRS Dividend Yield & Stock Price History
NTRS Dividend Payout History
NTRS Daily Snapshot
- Quote Time:
- May 22, 01:00 AM
- Today's Volume:
- Open Price:
- Day's Range:
- $75.53 - $76.16
- Previous Close:
- 52 Week Low / High:
- $60.01 - $76.63
- Percent Off 52 Week High:
NTRS Dividend Growth History
Last 5 Yrs
Last 3 Yrs
|Reveal More Dividend Growth History for NTRS||4.6%||39.1%||3 years|
NTRS Dividend History
|Payout Amount||Declared Date||Ex-Dividend Date||Record Date||Pay Date ▼||Qualified Dividend?||Payout Type||Frequency|
NTRS Company Profile
Northern Trust Corporation (NTRS) a financial holding company that offers investment services to individuals and corporations worldwide. Its offerings include asset servicing, fund administration, investment management, and banking and fiduciary solutions. Northern Trust was founded in 1889 and its headquartered in Chicago, Illinois.
Northern Trust News
Today's Pre-Market Earnings: U.S. Bancorp, St. Jude Medical, Inc., PNC Financial Services Group Inc, More (USB, STJ, PNC, More)Jul 16, 2014Before the opening bell on Wednesday, a number of big name, dividend paying companies announced their quarterly earnings. Below, we look at these...
Northern Trust Corporation Reports Higher Q1 Results; Misses Estimates (NTRS)Apr 15, 2014Before Tuesday's opening bell, Northern Trust Corporation (NTRS) reported higher first quarter financial results, but missed estimates for both earnings and revenue. NTRS Earnings in BriefExpand to read the full story
Mar 11, 2014Before Tuesday's opening bell, a number of big name dividend stocks were the subject of analyst moves. Below, we highlight the important analyst...
Northern Trust Q3 Profit Rises 15% on 8% Higher Revenues; Adjusted EPS Misses Estimates (NTRS)Oct 16, 2013Regional financial services company Northern Trust Corporation (NTRS) reported early on Wednesday that its third quarter profits rose year-over-year, aided by a gain in income from fees and the benefits of the sale of an office building. However, adjusted earnings missed analysts' estimates, while revenues slightly beat views. The Chicago, Illinois-based company posted a third quarter net income of $203.0 million, or 84 cents per share, up from the $176.0 million, or 73 cents per share, earned in the same period a year ago. Excluding the one-time gains from the sale of an office building, Northern Trust posted adjusted earnings of 76 cents per share in the quarter. According to analysts polled by Thomson Reuters, Northern Trust was expected to earn an adjusted 77 cents per share in the third quarter. The company's total revenues increased to $1.05 billion in the quarter, up 8% from the $972.5 million in revenues posted in the third quarter of 2012. On average, analysts were expecting the company to see $1.03 billion in revenues. Northern Trust's net interest income, or income from loans and deposits, came in at $237 million in the quarter, down from $245.6 million last year. Non-interest income increased to $810.2 million in the quarter, up from $726.9 million last year. Non-interest income, which includes income from fees and other sources, comprised 77% of total revenues. Northern Trust shares were inactive during pre-market trading on Wednesday. The stock is up 8.61% year-to-date.Expand to read the full story
The Bottom LineShares of Northern Trust (NTRS) offer a dividend yield of 2.28% based on Tuesday's closing price of $54.48 and the company's annualized dividend payout of $1.24 per share. Northern Trust Corporation (NTRS) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.
Northern Trust Earnings Rise, but Miss Estimates (NTRS)Jul 17, 2013Investment management firm Northern Trust Corporation (NTRS) announced on Wednesday that its Q2 profits increased from last year, but results still missed analysts estimates. For its second quarter, the Chicago based company posted earnings of $191.1 million, or 78 cents per share, up 6% from $179.6 million, or 73 cents per share a year ago. Analysts expected to see higher earnings of 83 cents per share. Revenue for the quarter rose 3% to $1.02 billion, from $988.5 million last year. Analysts estimated slightly larger revenue of $1.03 billion. Noninterest income, which accounts for 78% of the company's total income rose 9% during the quarter to $800.4 million. Assets under custody increased 9.4% to $4.992 trillion. Assets under management rose by 14% to $803 billion. Northern Trust shares were down $2.06, or 3.39% during Wednesday morning trading. The stock is up 17% YTD. The Bottom Line Shares of Northern Trust Corporation (NTRS) have a 2.10% yield, based on Wednesday morning's price of $59.03. Northern Trust Corporation (NTRS) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.Expand to read the full story
Jefferies Raises Price Target on Northern Trust (NTRS)Jun 3, 2013On Monday, Jefferies reported that it has raised its price target on financial services company, Northern Trust Corporation (NTRS) . The firm has maintained a "Hold" rating on NTRS, and has increased its price target from $53 to $59. This price target suggests a 2% upside from the stock's current price of $57.56. Analyst Ken Usdin noted, “we mark our EPS forecasts higher with equity markets up 4% QTD, putting us above the Street for 2Q13. Higher market levels continue to provide tailwinds to core businesses, but proxies for FX and sec. lending are still mixed (higher spreads/volatility, but lower volumes). STT remains our preferred name given its unique combination of offense (strongest rev. grower) and defense (biggest capital return & efficiency initiatives).” Northern Trust shares were down 54 cents, or -0.93% during Monday morning trading. The stock is up 15% YTD. The Bottom Line Shares of Northern Trust Corporation (NTRS) have a 2.15% yield, based on Monday morning's price of $57.77. Northern Trust Corporation (NTRS) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.Expand to read the full story
Nomura Securities Raises Price Target on Northern Trust (NTRS)Apr 17, 2013Nomura Securities reported on Wednesday that it has raised its price target on financial services company, Northern Trust Corporation (NTRS) . The firm, which currently has a "Neutral" rating on the company, has increased the company's price target from $52 to $55 following its first quarter results. This price target suggests a 4% upside from the stock's current price of $52.95. Analyst Glenn Schorr commented, "NTRS reported EPS of $0.67 vs. Our/Street of $0.74/$0.72. Ex-items, still a bit soft 1Q with NIM compression (-2bps q/q) and falling net interest income continues to be a drag on the top line. But NTRS did post positive leverage for 1Q in a tough environment thanks to solid expense control (expenses -2%, revs +1%). Expenses were down 2% q/q in 1Q, and the company is making progress on its expense/revenue initiatives ($55mn pre-tax benefit in 1Q) on its way to $250mn for 2013. NTRS maintained strong capital ratios with T1C ratio (Basel 3, w/ NPR) at 13%, and repurchased ~1.4mn shares (~$74.5mn). The company also received approval for $400mn in repurchases through 1Q13. We don’t see much upside to estimates given the environment. We tweaked our estimates and our TP goes from $52 to $55 (14x our 2014E of $3.90)." Looking ahead, the firm has lowered its earnings estimates for FY2013 from $3.30 per share to $3.21 per share. For FY2014, the firm has raised its outlook from $3.70 per share to $3.90 per share. Northern Trust shares were down 40 cents, or -0.75% during Wednesday morning trading. The stock has increased 13% in the past year. The Bottom Line Shares of Northern Trust Corporation (NTRS) have a 2.34% yield, based on Wednesday morning's price of $52.89. Northern Trust Corporation (NTRS) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.Expand to read the full story
Apr 16, 2013The following companies announced a change in their dividend payouts today. Companies Increasing Dividend Payouts CSX Corp () has raised...
Northern Trust Q1 Profit Rises 2%, Misses Estimates (NTRS)Apr 16, 2013Investment management firm Northern Trust Corporation (NTRS) reported before the bell on Tuesday that its first quarter profit and revenue rose 2% and 1%, respectively. However, these earnings missed Wall Street analysts' expectations. The Chicago-based company said its first quarter profit rose slightly to $164.0 million, or 68 cents per share, from $161.2 million, or 66 cents per share, in the same period last year. Adjusting for certain items, Northern Trust's first quarter earnings per share came in at 67 cents per share. According to analysts polled by Thomson Reuters, this missed analysts' expectations that the company would earn 72 cents per share in the quarter. Revenue for the quarter rose to $976.4 million from $965.4 million last year. This also missed Wall Street estimates, as analysts were expecting the company to see revenue of $999.81 million in the quarter. Northern Trust shares were inactive during pre-market trading on Tuesday. The stock is up +7.28% year-to-date. The Bottom Line Shares of Northern Trust (NTRS) have a dividend yield of 2.23% based on last night's closing price of $53.81 and the company's annualized dividend payout of $1.20 per share. Northern Trust Corporation (NTRS) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.Expand to read the full story
Jefferies Boosts Price Target on Northern Trust Corporation; Maintains "Hold" Rating (NTRS)Apr 8, 2013On Friday, analysts at Jefferies raised the price target on Northern Trust Corporation (NTRS) and updated the estimates on the financial services company. The analysts maintain a "Hold" rating on NTRS and now see shares reaching $53, up from the previous target of $51. This new valuation suggests a slight downside to Friday's closing price of $53.76. A Jefferies analyst noted, “Our estimate is a penny below 4Q12, as a normalized tax rate (33% vs. 25% last quarter), negates modest revenue growth and expense leverage, which puts us $0.04 below consensus. Core business lines should rise sequentially on the back of new business wins, client re-risking, and loan repricing initiatives, but negative lagged comps will keep revenue growth in check. Expenses remain a wildcard given potential for lumpy implementation outlays relating to large, complex mandates. Eventually these costs will fade and, with more cost saves on the come from Driving Performance, we do expect expense leverage, but are hesitant to bake-in much given seasonal expense pressures (FICA, retirement-eligible options, NTRS Open).” Northern Trust shares were inactive during pre-market trading on Monday. The stock is up +7.18% year-to-date. The Bottom Line Shares of Northern Trust Corporation (NTRS) have a dividend yield of 2.23% based on Friday's closing price of $53.76 and the company's annualized dividend payout of $1.20 per share. Northern Trust Corporation (NTRS) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.Expand to read the full story