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Forecasts data is unavailable for this security.

Consensus recommendation

As of Sep 15, 2017, the consensus forecast amongst 21 polled investment analysts covering Bank of New York Mellon Corp advises investors to hold their position in the company. This has been the consensus forecast since the sentiment of investment analysts deteriorated on May 26, 2017. The previous consensus forecast advised that Bank of New York Mellon Corp would outperform the market.
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RecommendationsLatest
Buy2
Outperform4
Hold13
Underperform2
Sell0

Share price forecast

The 18 analysts offering 12 month price targets for Bank of New York Mellon Corp have a median target of 56.00, with a high estimate of 62.00 and a low estimate of 52.00. The median estimate represents a 6.93% increase from the last price of 52.37.
High18.4%62.00
Med6.9%56.00
Low-0.7%52.00

Dividends

In 2016, Bank of New York Mellon Corp reported a dividend of 0.72 USD, which represents a 5.88% increase over last year. The 17 analysts covering the company expect dividends of 0.87 USD for the upcoming fiscal year, an increase of 20.56%.
Div growth (TTM)5.88%
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Earnings history & estimates

On Jul 20, 2017, Bank of New York Mellon Corp reported 2nd quarter 2017 earnings of 0.88 per share. This result was in line with the consensus of the 17 analysts following the company and exceeded last year's 2nd quarter results by 15.79%.
The next earnings announcement is expected on Oct 18, 2017.
Average growth rate+4.45%
Bank of New York Mellon Corp reported annual 2016 earnings of 3.17 per share on Jan 19, 2017.
Average growth rate+11.89%
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Revenue history & estimates

The Bank of New York Mellon Corporation had 2nd quarter 2017 revenues of 3.95bn. This bettered the 3.89bn consensus of the 14 analysts covering the company. This was 4.80% above the prior year's 2nd quarter results.
Average growth rate+1.23%
The Bank of New York Mellon Corporation had revenues for the full year 2016 of 15.23bn. This was 0.66% above the prior year's results.
Average growth rate+1.33%
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