Stock Yards Bancorp (SYBT) Projected to Post Quarterly Earnings on Wednesday

Stock Yards Bancorp (NASDAQ:SYBT - Get Free Report) is expected to issue its Q2 2025 quarterly earnings data before the market opens on Wednesday, July 23rd. Analysts expect the company to announce earnings of $1.05 per share and revenue of $95.32 million for the quarter.

Stock Yards Bancorp (NASDAQ:SYBT - Get Free Report) last announced its earnings results on Wednesday, April 23rd. The bank reported $1.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.00 by $0.13. The company had revenue of $93.63 million for the quarter, compared to analyst estimates of $92.90 million. Stock Yards Bancorp had a return on equity of 13.02% and a net margin of 23.34%. During the same quarter in the previous year, the company earned $0.88 earnings per share. On average, analysts expect Stock Yards Bancorp to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Stock Yards Bancorp Stock Down 3.4%

Shares of NASDAQ SYBT opened at $76.79 on Wednesday. The firm has a market cap of $2.26 billion, a price-to-earnings ratio of 18.55 and a beta of 0.72. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.34. Stock Yards Bancorp has a 52-week low of $53.21 and a 52-week high of $83.67. The business's 50 day moving average is $76.57 and its two-hundred day moving average is $72.98.

Stock Yards Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 1st. Shareholders of record on Monday, June 16th were given a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date was Monday, June 16th. Stock Yards Bancorp's payout ratio is 29.95%.

Insider Buying and Selling

In related news, EVP Michael Croce sold 4,100 shares of the business's stock in a transaction on Tuesday, June 10th. The shares were sold at an average price of $77.06, for a total transaction of $315,946.00. Following the completion of the transaction, the executive vice president owned 24,600 shares in the company, valued at approximately $1,895,676. The trade was a 14.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP William Dishman sold 2,802 shares of the business's stock in a transaction on Tuesday, June 24th. The stock was sold at an average price of $78.10, for a total transaction of $218,836.20. Following the transaction, the executive vice president owned 31,594 shares of the company's stock, valued at approximately $2,467,491.40. The trade was a 8.15% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 16,902 shares of company stock worth $1,296,210 over the last ninety days. Insiders own 3.40% of the company's stock.

Hedge Funds Weigh In On Stock Yards Bancorp

A number of institutional investors and hedge funds have recently modified their holdings of SYBT. AQR Capital Management LLC grew its stake in shares of Stock Yards Bancorp by 47.4% during the first quarter. AQR Capital Management LLC now owns 7,143 shares of the bank's stock worth $493,000 after purchasing an additional 2,297 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Stock Yards Bancorp by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,225 shares of the bank's stock worth $1,051,000 after purchasing an additional 658 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Stock Yards Bancorp by 28.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 52,643 shares of the bank's stock worth $3,636,000 after purchasing an additional 11,758 shares in the last quarter. Finally, Jane Street Group LLC acquired a new position in Stock Yards Bancorp in the first quarter valued at $3,400,000. Institutional investors and hedge funds own 56.46% of the company's stock.

Wall Street Analysts Forecast Growth

SYBT has been the topic of a number of research analyst reports. Piper Sandler set a $81.00 target price on Stock Yards Bancorp and gave the company a "neutral" rating in a research report on Thursday, April 24th. Keefe, Bruyette & Woods cut their target price on Stock Yards Bancorp from $84.00 to $80.00 and set a "market perform" rating on the stock in a research report on Thursday, April 24th. Wall Street Zen lowered Stock Yards Bancorp from a "hold" rating to a "sell" rating in a research report on Wednesday, May 21st. Finally, Stephens upped their price objective on Stock Yards Bancorp from $78.00 to $80.00 and gave the stock an "equal weight" rating in a research report on Thursday, April 24th. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $77.25.

About Stock Yards Bancorp

Stock Yards Bancorp, Inc operates as a holding company for Stock Yards Bank & Trust Company that provides various financial services for individuals, corporations, and others in the United States. It operates in two segments, Commercial Banking, and WM&T. The Commercial Banking segment offers a range of loan and deposit products to individual consumers and businesses in all its markets through retail lending, mortgage banking, deposit services, online banking, mobile banking, private banking, commercial lending, commercial real estate lending, leasing, treasury management services, merchant services, international banking, correspondent banking, and other banking services.

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