Shutterstock (SSTK) to Release Earnings on Thursday

Shutterstock (NYSE:SSTK) is expected to post its Q1 2025 quarterly 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) last released its quarterly earnings data on Tuesday, February 25th. The business services provider reported $0.67 EPS for the quarter, missing the consensus estimate of $0.92 by ($0.25). The company had revenue of $250.30 million during the quarter, compared to analyst estimates of $254.16 million. Shutterstock had a net margin of 4.03% and a return on equity of 20.39%. The company’s quarterly revenue was up 15.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.72 EPS. On average, analysts expect Shutterstock to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Shutterstock Trading Down 0.5 %

NYSE SSTK opened at $16.92 on Tuesday. The company has a market cap of $590.37 million, a PE ratio of 16.59 and a beta of 1.13. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 0.23. Shutterstock has a 12 month low of $14.35 and a 12 month high of $46.10. The stock has a 50 day moving average of $18.59 and a 200-day moving average of $26.56.

Shutterstock Dividend Announcement

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 issued a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 7.80%. The ex-dividend date is Thursday, June 5th. Shutterstock’s payout ratio is presently 130.69%.

Wall Street Analysts Forecast Growth

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

About Shutterstock

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.