Bank of New York Earnings Estimate

BK
 Stock
  

USD 43.08  0.42  0.97%   

Many public companies, such as Bank of New York, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Bank of New York's earnings estimates, investors can diagnose different trends across Bank of New York's analyst sentiment over time as well as compare current estimates against different timeframes.
Bank of New York is projected to generate 4.17 in earnings per share on the 31st of December 2021. Bank of New York earnings estimates module stress-tests analyst consensus about projected Bank Of New EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Continue to Trending Equities.
  
The current Gross Profit is estimated to increase to about 17.3 B. The current Profit Margin is estimated to increase to 0.24

Bank of New York Earnings Estimation Breakdown

Calculation of earning per share of Bank of New York is based on official Zacks consensus of 6 analysts regarding Bank of New York future annual earnings. Given the historical accuracy of 95.24%, the future earnings per share of Bank of New York is estimated to be 4.17 with the lowest and highest values of 4.14 and 4.23, respectively. Please note that this consensus of annual earnings estimates for Bank Of New is an estimate of EPS before non-recurring items and including employee stock options expenses
  Current EPS 3.92
4.14
Lowest
Expected EPS 4.17
4.23
Highest

Bank of New York Earnings Projection Consensus

Suppose the current estimates of Bank of New York's value are higher than the current market price of the Bank of New York stock. In this case, investors may conclude that Bank of New York is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Bank of New York's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyCurrent EPSEPS Estimate for 31st of December 2021

6

95.24%

3.92

4.17

Bank of New York Earnings History

Earnings estimate consensus by Bank of New York analysts from Wall Street is used by the market to judge Bank of New York's stock performance. The investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Bank of New York's upcoming profit reports and earnings-per-share forecasts but also compare them to our different valuation methods.

Bank of New York Quarterly Earnings Before Interest Taxes and Depreciation Amortization EBITDA

1.52 Billion

Bank of New York Earning Before Interest and Taxes EBIT is increasing as compared to previous years. The last year's value of Earning Before Interest and Taxes EBIT was reported at 4.64 Billion. The current Earnings Before Interest Taxes and Depreciation Amortization EBITDA is estimated to increase to about 6.7 B, while Earnings per Diluted Share are projected to decrease to 3.97. Bank of New York Weighted Average Shares is decreasing as compared to previous years. The last year's value of Weighted Average Shares was reported at 851.9 Million. The current Weighted Average Shares Diluted is estimated to increase to about 895.4 M, while Issuance Purchase of Equity Shares is projected to decrease to (4.6 B).
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Bank of New York's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Bank of New York in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
41.1743.0744.97
Details
Intrinsic
Valuation
LowReal ValueHigh
38.7754.3156.21
Details
Naive
Forecast
LowNext ValueHigh
40.7842.6844.58
Details
12 Analysts
Consensus
LowTarget PriceHigh
59.0065.5076.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Bank of New York. Your research has to be compared to or analyzed against Bank of New York's peers to derive any actionable benefits. When done correctly, Bank of New York's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Bank of New York.
Note that many institutional investors and large investment bankers can move markets due to the volume of Bank of New York assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Bank of New York. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Bank of New York stock price in the short term.

Bank of New York Earnings per Share Projection vs Actual

Actual Earning per Share of Bank of New York refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Bank Of New predict the company's earnings will be in the future. The higher the earnings per share of Bank of New York, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Bank of New York Estimated Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Bank of New York, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Bank of New York should always be considered in relation to other companies to make a more educated investment decision.

About Bank of New York Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Bank of New York earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Bank of New York estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Bank of New York fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for 2022
Accumulated Retained Earnings Deficit36.7 B33 B
Earning Before Interest and Taxes EBIT4.6 B4.9 B
Earnings per Basic Share 4.17  3.99 
Earnings per Diluted Share 4.14  3.97 
Price to Earnings Ratio 13.93  13.20 
Earnings Before Interest Taxes and Depreciation Amortization EBITDA6.5 B6.7 B
Earnings before Tax4.6 B4.9 B
The Bank of New York Mellon Corporation provides a range of financial products and services in the United States and internationally. The company was founded in 1784 and is headquartered in New York, New York. Bank of New York operates under Asset Management classification in the United States and is traded on New York Stock Exchange. It employs 50800 people.

Bank of New York Investors Sentiment

The influence of Bank of New York's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Bank of New York. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Bank of New York's public news can be used to forecast risks associated with investment in Bank of New York. The trend in average sentiment can be used to explain how an investor holding Bank of New York can time the market purely based on public headlines and social activities around Bank Of New. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Bank of New York's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Bank of New York's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Bank of New York's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Bank of New York.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Bank of New York in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Bank of New York's short interest history, or implied volatility extrapolated from Bank of New York options trading.

Pair Trading with Bank of New York

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bank of New York position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bank of New York will appreciate offsetting losses from the drop in the long position's value.

Moving together with Bank of New York

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0.65BLKBlackrock Fiscal Year End 13th of January 2023 PairCorr
The ability to find closely correlated positions to Bank of New York could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank of New York when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bank of New York - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bank Of New to buy it.
The correlation of Bank of New York is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bank of New York moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank of New York moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bank of New York can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Trending Equities. Note that the Bank of New York information on this page should be used as a complementary analysis to other Bank of New York's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Bank of New York price analysis, check to measure Bank of New York's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bank of New York is operating at the current time. Most of Bank of New York's value examination focuses on studying past and present price action to predict the probability of Bank of New York's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Bank of New York's price. Additionally, you may evaluate how the addition of Bank of New York to your portfolios can decrease your overall portfolio volatility.
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Is Bank of New York's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bank of New York. If investors know Bank of New York will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bank of New York listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.089
Market Capitalization
35.2 B
Quarterly Revenue Growth YOY
0.04
Return On Assets
0.0075
Return On Equity
0.0792
The market value of Bank of New York is measured differently than its book value, which is the value of Bank of New York that is recorded on the company's balance sheet. Investors also form their own opinion of Bank of New York's value that differs from its market value or its book value, called intrinsic value, which is Bank of New York's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bank of New York's market value can be influenced by many factors that don't directly affect Bank of New York's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bank of New York's value and its price as these two are different measures arrived at by different means. Investors typically determine Bank of New York value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of New York's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.