Shutterstock (SSTK) to Release Quarterly Earnings on Thursday

Shutterstock (NYSE:SSTK - Get Free Report) is expected to be announcing its Q1 2025 earnings results before the market opens on Thursday, May 1st. Analysts expect Shutterstock to post earnings of $1.26 per share and revenue of $249.44 million for the quarter.

Shutterstock (NYSE:SSTK - Get Free Report) last released its quarterly earnings results on Tuesday, February 25th. The business services provider reported $0.67 earnings per share for the quarter, missing analysts' consensus estimates of $0.92 by ($0.25). The business had revenue of $250.30 million for the quarter, compared to analysts' expectations of $254.16 million. Shutterstock had a return on equity of 20.39% and a net margin of 4.03%. The business's revenue for the quarter was up 15.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.72 earnings per share. On average, analysts expect Shutterstock to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Shutterstock Trading Up 0.6 %

Shares of SSTK stock traded up $0.10 during trading hours on Friday, hitting $16.99. The company had a trading volume of 196,231 shares, compared to its average volume of 543,026. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.42 and a quick ratio of 0.42. The stock has a market capitalization of $592.85 million, a PE ratio of 16.66 and a beta of 1.13. The company's fifty day moving average is $18.79 and its 200 day moving average is $26.72. Shutterstock has a fifty-two week low of $14.35 and a fifty-two week high of $46.10.

Shutterstock Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 19th. Stockholders of record on Thursday, June 5th will be given a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 7.77%. The ex-dividend date of this dividend is Thursday, June 5th. Shutterstock's dividend payout ratio is currently 130.69%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on SSTK shares. JMP Securities reiterated a "market perform" rating on shares of Shutterstock in a research note on Monday, January 6th. Truist Financial downgraded shares of Shutterstock from a "buy" rating to a "hold" rating in a research note on Tuesday, February 25th. StockNews.com began coverage on shares of Shutterstock in a research report on Tuesday, April 8th. They issued a "hold" rating on the stock. Finally, Needham & Company LLC decreased their price objective on shares of Shutterstock from $45.00 to $30.00 and set a "buy" rating for the company in a research report on Friday, March 7th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat, Shutterstock has a consensus rating of "Hold" and an average target price of $45.33.

Shutterstock Company Profile

Shutterstock, Inc provides platform to connect brands and businesses to high quality content in North America, Europe, and internationally. The company offers image services consisting of photographs, vectors, and illustrations, which is used in visual communications, such as websites, digital and print marketing materials, corporate communications, books, publications, and others; footage services, including video clips, filmed by industry experts and cinema grade video effects in HD and 4K formats that are integrated into websites, social media, marketing campaigns, and cinematic productions; and music services comprising music tracks and sound effects, which are used to complement images and footage.