A Stock You Should Be Looking At: The Bank of N.T. Butterfield & Son Limited (NYSE:NTB)

The price of The Bank of N.T. Butterfield & Son Limited (NYSE: NTB) closed at $29.25 in the last session, down -4.10% from day before closing price of $30.50. In other words, the price has decreased by -$1.25 from its previous closing price. On the day, 650871 shares were traded. NTB stock price reached its highest trading level at $29.87 during the session, while it also had its lowest trading level at $28.23.

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Ratios:

We take a closer look at NTB’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.25. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.20.

Upgrades & Downgrades

Wells Fargo Downgraded its Overweight to Equal Weight on June 02, 2020, while the target price for the stock was maintained at $25.

Valuation Measures:

As of this moment, The’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.82, and their Forward P/E ratio for the next fiscal year is 5.68. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.02 while its Price-to-Book (P/B) ratio in mrq is 1.68.

Stock Price History:

Over the past 52 weeks, NTB has reached a high of $38.31, while it has fallen to a 52-week low of $26.68. The 50-Day Moving Average of the stock is 32.90, while the 200-Day Moving Average is calculated to be 32.81.

Shares Statistics:

According to the various share statistics, NTB traded on average about 214.04K shares per day over the past 3-months and 539.91k shares per day over the past 10 days. A total of 49.65M shares are outstanding, with a floating share count of 49.59M. Insiders hold about 1.36% of the company’s shares, while institutions hold 72.50% stake in the company. Shares short for NTB as of Jan 12, 2023 were 498.04k with a Short Ratio of 0.37M, compared to 769.65k on Dec 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 1.00% and a Short% of Float of 1.01%.

Dividends & Splits

The forward annual dividend rate for NTB is 1.76, which was 1.76 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 5.77%, it implies a Forward Annual Dividend Yield of 5.22%. The stock’s 5-year Average Dividend Yield is 5.09.

Earnings Estimates

The company has 0 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$4.9. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.

Revenue Estimates

According to 1 analysts, the current quarter’s revenue is expected to be $12.65M. It ranges from a high estimate of $12.65M to a low estimate of $12.65M. As of the current estimate, The Bank of N.T. Butterfield & Son Limited’s year-ago sales were $15.73M, an estimated decrease of -19.60% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $13.99M, a decrease of -22.60% less than the figure of -$19.60% in the same quarter last year. There is a high estimate of $13.99M for the next quarter, whereas the lowest estimate is $13.99M.

A total of 1 analysts have provided revenue estimates for NTB’s current fiscal year. The highest revenue estimate was $54.38M, while the lowest revenue estimate was $54.38M, resulting in an average revenue estimate of $54.38M. In the same quarter a year ago, actual revenue was $61.17M, down -11.10% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $91.51M in the next fiscal year. The high estimate is $91.51M and the low estimate is $91.51M. The average revenue growth estimate for next year is up 68.30% from the average revenue estimate for this year.