Shares of Financial Services sector company Northern Trust moved -8.5% today, and are now trading at a price of $90.59. The large-cap stock's daily volume was 1,499,152 compared to its average volume of 923,431. The S&P 500 index returned a -0.8% performance.
Northern Trust Corporation, a financial holding company, provides wealth management, asset servicing, asset management, and banking solutions for corporations, institutions, families, and individuals worldwide. The company is based in Chicago and has 23,100 full time employees. Its market capitalization is $18,880,405,504. Northern Trust currently offers its equity investors a dividend that yields 2.9% per year.
15 analysts are following Northern Trust and have set target prices ranging from $84 to $118 per share. On average, they have given the company a rating of hold. At today's prices, NTRS is trading -9.53% away from its average analyst target price of $100.13 per share.
Over the last year, NTRS shares have gone down by -17.5%, which represents a difference of -5.2% when compared to the S&P 500. The stock's 52 week high is $127.9 per share and its 52 week low is $76.15. Although Northern Trust's average free cash flow over the last four years has been $1,4 Billion, they have been decreasing at an average rate of -35.0%. For this reason, investors may continue to shun the stock.
Date Reported | Cash Flow from Operations ($ MM) | Capital expenditures ($ MM) | Free Cash Flow ($ MM) | YoY Growth (%) |
---|---|---|---|---|
2021-12-31 | 1,356 | -515 | 841 | -37.08 |
2020-12-31 | 1,897 | -560 | 1,336 | -32.92 |
2019-12-31 | 2,592 | -600 | 1,992 | n/a |