Bank of N T Butterfield & Son Ltd (NYSE: NTB) is 2.54% higher on its value in year-to-date trading and has touched a low of $30.07 and a high of $41.88 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The NTB stock was last observed hovering at around $37.23 in the last trading session, with the day’s gains setting it 0.25%.
Currently trading at $37.48, the stock is -0.41% and -1.88% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.13 million and changing 0.67% at the moment leaves the stock 0.25% off its SMA200. NTB registered 22.44% gain for a year compared to 6-month gain of -2.27%. The firm has a 50-day simple moving average (SMA 50) of $38.1986 and a 200-day simple moving average (SMA200) of $37.3864.
The stock witnessed a -2.80% loss in the last 1 month and extending the period to 3 months gives it a 1.71%, and is 5.70% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.55% over the week and 3.16% over the month.
Bank of N T Butterfield & Son Ltd (NTB) has around 1295 employees, a market worth around $1.63B and $579.90M in sales. Current P/E ratio is 7.96 and Fwd P/E is 7.74. Profit margin for the company is 37.30%. Distance from 52-week low is 24.64% and -10.51% from its 52-week high. The company has generated returns on investments over the last 12 months (18.10%).
The EPS is expected to grow by 2.80% this year
251.0 institutions hold shares in Bank of N T Butterfield & Son Ltd (NTB), with institutional investors hold 72.90% of the company’s shares. The shares outstanding are 43.54M, and float is at 43.01M with Short Float at 0.55%. Institutions hold 72.00% of the Float.
The top institutional shareholder in the company is FMR LLC with over 2.71 million shares valued at $95.07 million. The investor’s holdings represent 5.8468 of the NTB Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 2.63 million shares valued at $92.4 million to account for 5.6829 of the shares outstanding. The other top investors are NUVEEN ASSET MANAGEMENT, LLC which holds 1.8 million shares representing 3.88 and valued at over $63.09 million, while ROVIDA ADVISORS INC. holds 3.8737 of the shares totaling 1.79 million with a market value of $62.93 million.
Bank of N T Butterfield & Son Ltd (NTB) Insider Activity
Still, SEC filings show that on Mar 04 ’25, Hidalgo Tara (Officer) Proposed Sale 13,900 shares at an average price of $38.85 for $0.54 million. The insider now directly holds shares of Bank of N T Butterfield & Son Ltd (NTB).
