Does Northern Trust Corp. (NTRS) offer a good opportunity for investors?

With 1.4 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.57 million shares. During the session, the Asset Management company that operates in wider Financial sector, reached to the highest price of $82.08 whereas the lowest price it dropped to was $80.82. The 52-week range on NTRS shows that it touched its highest point at $89.25 and its lowest point at $62.44 during that stretch. It currently has a 1-year price target of $91.80. With its current market cap of 16.61 billion, NTRS has annualized dividend of $3.00 while the current yield stands at 3.69%. Beta for the stock currently stands at 1.14.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NTRS was down-trending over the past week, with a drop of -4.14%, but this was down by -1.01% over a month. Three-month performance surged to 0.62% while six-month performance rose 15.30%. The stock lost -5.33% in the past year, while it has lost -3.52% so far this year. A look at the trailing 12-month EPS for NTRS yields 4.52 with Next year EPS estimates of 6.97. For the next quarter, that number is 1.71. This implies an EPS growth rate of 6.76% for this year and 4.35% for next year. EPS is expected to grow by 11.71% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -5.22%.

Float and Shares Shorts:

At present, 205.13 million NTRS shares are outstanding with a float of 199.53 million shares on hand for trading. On 2024-03-28, short shares totaled 2.06 million, which was 101.0 higher than short shares on 1709164800. In addition to Mr. Michael Gerard O’Grady as the firm’s Chairman & CEO, Mr. Jason Jerrome Tyler serves as its Executive VP & CFO.

Institutional Ownership:

Through their ownership of 0.85793 of NTRS’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NTRS since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.

Dividends & Yield:

In terms of dividends, NTRS has a current ratio of $3.00, which is $3.00 over the trailing 12-months, while a dividend of $– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and NTRS currently yields $3.69. In the past year, NTRS’s dividend yield has been $3.69, but when looking at the stock over the past five years, its yield has been $2.92. Accordingly, NTRS has a current buyback yield of $2.09. This was $2.09 for the TTM, and it was $0.84 for the past five years.