NASDAQ:NBTB NBT Bancorp (NBTB) Stock Forecast, Price & News $33.55 -1.19 (-3.43%) (As of 05/31/2023 ET) Add Compare Share Share Today's Range$33.11▼$34.4350-Day Range$29.32▼$35.4952-Week Range$27.52▼$48.68Volume151,457 shsAverage Volume205,411 shsMarket Capitalization$1.44 billionP/E Ratio9.87Dividend Yield3.58%Price Target$42.17 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media NBT Bancorp MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside25.7% Upside$42.17 Price TargetShort InterestBearish2.80% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.15Based on 7 Articles This WeekInsider TradingAcquiring Shares$1.28 M Bought Last QuarterProj. Earnings Growth2.71%From $3.32 to $3.41 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.74 out of 5 starsFinance Sector501st out of 901 stocksNational Commercial Banks Industry63rd out of 85 stocks 3.5 Analyst's Opinion Consensus RatingNBT Bancorp has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $42.17, NBT Bancorp has a forecasted upside of 25.7% from its current price of $33.55.Amount of Analyst CoverageNBT Bancorp has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.80% of the float of NBT Bancorp has been sold short.Short Interest Ratio / Days to CoverNBT Bancorp has a short interest ratio ("days to cover") of 5.4.Change versus previous monthShort interest in NBT Bancorp has recently increased by 27.16%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldNBT Bancorp pays a meaningful dividend of 3.44%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthNBT Bancorp has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of NBT Bancorp is 35.29%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, NBT Bancorp will have a dividend payout ratio of 35.19% next year. This indicates that NBT Bancorp will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NBTB. Previous Next 3.4 News and Social Media Coverage News SentimentNBT Bancorp has a news sentiment score of 1.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.68 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 7 news articles for NBT Bancorp this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for NBTB on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat Follows1 people have added NBT Bancorp to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, NBT Bancorp insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,279,735.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 3.53% of the stock of NBT Bancorp is held by insiders.Percentage Held by Institutions55.87% of the stock of NBT Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for NBT Bancorp are expected to grow by 2.71% in the coming year, from $3.32 to $3.41 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of NBT Bancorp is 9.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.56.Price to Earnings Ratio vs. SectorThe P/E ratio of NBT Bancorp is 9.87, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 163.88.Price to Book Value per Share RatioNBT Bancorp has a P/B Ratio of 1.19. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About NBT Bancorp (NASDAQ:NBTB) StockNBT Bancorp, Inc. is a holding company, which engages in the provision of financial solutions. It offers commercial banking, retail banking, and wealth management, as well as trust and investment services. The company was founded in 1986 and is headquartered in Norwich, NY.Read More Receive NBTB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for NBT Bancorp and its competitors with MarketBeat's FREE daily newsletter. Email Address NBTB Stock News HeadlinesMay 29, 2023 | americanbankingnews.comNBT Bancorp Inc. (NBTB) to Issue Quarterly Dividend of $0.30 on June 15thMay 18, 2023 | msn.comNBT Bancorp. (NBTB) Declares $0.30 DividendJune 1, 2023 | Legacy Research (Affiliate) (Ad)“You need at least $100 of this asset – and it’s NOT gold” – Dr. Nomi Prin$100 is all you need… Former Goldman Sachs managing director Dr. Nomi Prins has identified an investment she’s calling ‘the world’s hardest asset’ – and she’s recommending it to friends, family, and followers.May 18, 2023 | americanbankingnews.comNBT Bancorp (NASDAQ:NBTB) Now Covered by StockNews.comMay 7, 2023 | uk.news.yahoo.comInsider Stock Buying Reaches US$1.4m On NBT BancorpMay 7, 2023 | uk.news.yahoo.comIndependent Director of NBT Bancorp Timothy Delaney Buys 86% More SharesMay 7, 2023 | finance.yahoo.comIndependent Director of NBT Bancorp Timothy Delaney Buys 86% More Shares \May 7, 2023 | finance.yahoo.comInsider Stock Buying Reaches US$1.4m On NBT Bancorp \June 1, 2023 | Legacy Research (Affiliate) (Ad)Sell Every Stock, Except ONE (Ticker Revealed)We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.May 7, 2023 | americanbankingnews.comNBT Bancorp Inc. (NASDAQ:NBTB) Director Buys $1,190,800.00 in StockApril 26, 2023 | finance.yahoo.comQ1 2023 NBT Bancorp Inc Earnings CallApril 24, 2023 | finance.yahoo.comNBT Bancorp (NBTB) Surpasses Q1 Earnings EstimatesApril 24, 2023 | finance.yahoo.comNBT Bancorp Inc. Announces First Quarter Net Income of $33.7 Million ($0.78 Per Diluted Common Share)April 23, 2023 | americanbankingnews.comNBT Bancorp (NBTB) to Release Earnings on MondayApril 21, 2023 | msn.comPreview: NBT Bancorp's EarningsApril 17, 2023 | finance.yahoo.comEarnings Preview: NBT Bancorp (NBTB) Q1 Earnings Expected to DeclineApril 9, 2023 | americanbankingnews.comNBT Bancorp (NASDAQ:NBTB) PT Lowered to $37.50 at Keefe, Bruyette & WoodsApril 7, 2023 | msn.comKeefe, Bruyette & Woods Maintains NBT Bancorp (NBTB) Market Perform RecommendationApril 7, 2023 | msn.comRaymond James Maintains NBT Bancorp (NBTB) Strong Buy RecommendationApril 7, 2023 | americanbankingnews.comNBT Bancorp (NASDAQ:NBTB) Price Target Cut to $47.00 by Analysts at Raymond JamesApril 6, 2023 | markets.businessinsider.comKBW Keeps Their Hold Rating on NBT Bancorp (NBTB)April 6, 2023 | americanbankingnews.comNBT Bancorp (NASDAQ:NBTB) Sets New 1-Year Low at $33.00March 7, 2023 | finance.yahoo.comAfter a year of 6.6% returns, NBT Bancorp Inc.'s (NASDAQ:NBTB) share price drop last week may have less of an impact on institutional investorsFebruary 26, 2023 | nasdaq.comEx-Dividend Reminder: Trustmark, Virtu Financial and NBT BancorpJanuary 27, 2023 | finance.yahoo.comWhy Investors Cashed Out of NBT Bancorp This WeekJanuary 25, 2023 | finance.yahoo.comAfter Plunging -14.64% in 4 Weeks, Here's Why the Trend Might Reverse for NBT (NBTB)January 25, 2023 | finance.yahoo.comNBT Bancorp Full Year 2022 Earnings: EPS Misses ExpectationsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive NBTB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for NBT Bancorp and its competitors with MarketBeat's FREE daily newsletter. Email Address NBTB Company Calendar Last Earnings10/25/2021Ex-Dividend for 3/15 Dividend2/28/2023Dividend Payable3/15/2023Ex-Dividend for 6/15 Dividend5/31/2023Today6/01/2023Dividend Payable6/15/2023Next Earnings (Estimated)7/24/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry National commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:NBTB CUSIP62877810 CIK790359 Webwww.nbtbancorp.com Phone(607) 337-2265Fax302-636-5454Employees1,861Year Founded1999Price Target and Rating Average Stock Price Forecast$42.17 High Stock Price Forecast$47.00 Low Stock Price Forecast$37.50 Forecasted Upside/Downside+25.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$3.40 Trailing P/E Ratio9.87 Forward P/E Ratio10.11 P/E GrowthN/ANet Income$151.99 million Net Margins26.24% Pretax Margin33.87% Return on Equity12.91% Return on Assets1.30% Debt Debt-to-Equity Ratio0.19 Current Ratio0.83 Quick Ratio0.83 Sales & Book Value Annual Sales$539.65 million Price / Sales2.67 Cash Flow$3.99 per share Price / Cash Flow8.41 Book Value$28.24 per share Price / Book1.19Miscellaneous Outstanding Shares42,900,000Free Float41,389,000Market Cap$1.44 billion OptionableOptionable Beta0.54 Key ExecutivesJohn H. WattPresident, Chief Executive Officer & DirectorScott Allen KingsleyChief Financial Officer & Executive Vice PresidentJoseph R. StaglianoChief Information Officer & Executive VPAmy WilesChief Credit & Risk Officer, Executive VPSarah A. HallidayExecutive VP & President-Commercial BankingKey CompetitorsWesBancoNASDAQ:WSBCFirst MerchantsNASDAQ:FRMECityNASDAQ:CHCOFirst Commonwealth FinancialNYSE:FCFTrustmarkNASDAQ:TRMKView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 538 shares on 5/26/2023Ownership: 0.014%Ameriprise Financial Inc.Sold 3,948 shares on 5/22/2023Ownership: 0.424%Putnam Investments LLCSold 9,276 shares on 5/22/2023Ownership: 0.024%JPMorgan Chase & Co.Sold 100,090 shares on 5/18/2023Ownership: 0.343%New York State Common Retirement FundSold 41,951 shares on 5/18/2023Ownership: 0.051%View All Insider TransactionsView All Institutional Transactions NBTB Stock - Frequently Asked Questions Should I buy or sell NBT Bancorp stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NBT Bancorp in the last year. There are currently 1 hold rating and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" NBTB shares. View NBTB analyst ratings or view top-rated stocks. What is NBT Bancorp's stock price forecast for 2023? 2 Wall Street analysts have issued twelve-month price targets for NBT Bancorp's stock. Their NBTB share price forecasts range from $37.50 to $47.00. On average, they expect the company's share price to reach $42.17 in the next twelve months. This suggests a possible upside of 25.7% from the stock's current price. View analysts price targets for NBTB or view top-rated stocks among Wall Street analysts. How have NBTB shares performed in 2023? NBT Bancorp's stock was trading at $43.42 at the beginning of the year. Since then, NBTB shares have decreased by 22.7% and is now trading at $33.55. View the best growth stocks for 2023 here. Are investors shorting NBT Bancorp? NBT Bancorp saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,170,000 shares, an increase of 27.2% from the April 30th total of 920,100 shares. Based on an average trading volume of 217,200 shares, the short-interest ratio is presently 5.4 days. Approximately 2.8% of the company's shares are sold short. View NBT Bancorp's Short Interest. When is NBT Bancorp's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, July 24th 2023. View our NBTB earnings forecast. How were NBT Bancorp's earnings last quarter? NBT Bancorp Inc. (NASDAQ:NBTB) issued its quarterly earnings data on Monday, October, 25th. The bank reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.05. The bank earned $118 million during the quarter, compared to the consensus estimate of $120.37 million. NBT Bancorp had a trailing twelve-month return on equity of 12.91% and a net margin of 26.24%. During the same period in the prior year, the company earned $0.80 EPS. How often does NBT Bancorp pay dividends? What is the dividend yield for NBT Bancorp? NBT Bancorp announced a quarterly dividend on Tuesday, May 16th. Stockholders of record on Thursday, June 1st will be paid a dividend of $0.30 per share on Thursday, June 15th. This represents a $1.20 annualized dividend and a yield of 3.58%. The ex-dividend date of this dividend is Wednesday, May 31st. Read our dividend analysis for NBTB. What ETFs hold NBT Bancorp's stock? ETFs with the largest weight of NBT Bancorp (NASDAQ:NBTB) stock in their portfolio include Cambria Value and Momentum ETF (VAMO), Invesco S&P SmallCap Low Volatility ETF (XSLV), First Trust NASDAQ ABA Community Bank Index Fund (QABA), Invesco S&P SmallCap Financials ETF (PSCF), Invesco Raymond James SB-1 Equity ETF (RYJ), iShares US Small Cap Value Factor ETF (SVAL), Invesco S&P SmallCap 600 Pure Growth ETF (RZG) and SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV). Is NBT Bancorp a good dividend stock? NBT Bancorp (NASDAQ:NBTB) pays an annual dividend of $1.20 per share and currently has a dividend yield of 3.44%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 35.29%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NBTB will have a dividend payout ratio of 35.19% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for NBTB. What is Martin A. Dietrich's approval rating as NBT Bancorp's CEO? 22 employees have rated NBT Bancorp Chief Executive Officer Martin A. Dietrich on Glassdoor.com. Martin A. Dietrich has an approval rating of 80% among the company's employees. What other stocks do shareholders of NBT Bancorp own? Based on aggregate information from My MarketBeat watchlists, some companies that other NBT Bancorp investors own include AT&T (T), AbbVie (ABBV), Bank of America (BAC), Cisco Systems (CSCO), Verizon Communications (VZ), Exxon Mobil (XOM), Bank of New York Mellon (BK), Gilead Sciences (GILD), International Business Machines (IBM) and Intel (INTC). What is NBT Bancorp's stock symbol? NBT Bancorp trades on the NASDAQ under the ticker symbol "NBTB." Who are NBT Bancorp's major shareholders? NBT Bancorp's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.74%), Dimensional Fund Advisors LP (4.74%), State Street Corp (4.27%), Geode Capital Management LLC (1.98%), Bank of New York Mellon Corp (1.17%) and Charles Schwab Investment Management Inc. (1.05%). Insiders that own company stock include Catherine Scarlett, Heidi M Hoeller, Jack H Webb, Jason David Brown, Joseph A Santangelo, Martin A Dietrich, Matthew K Durkee, Scott Allen Kingsley, Shaunastar Hyle, Timothy E Delaney and V Daniel Robinson II. View institutional ownership trends. How do I buy shares of NBT Bancorp? Shares of NBTB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is NBT Bancorp's stock price today? One share of NBTB stock can currently be purchased for approximately $33.55. How much money does NBT Bancorp make? NBT Bancorp (NASDAQ:NBTB) has a market capitalization of $1.44 billion and generates $539.65 million in revenue each year. The bank earns $151.99 million in net income (profit) each year or $3.40 on an earnings per share basis. How many employees does NBT Bancorp have? The company employs 1,861 workers across the globe. How can I contact NBT Bancorp? NBT Bancorp's mailing address is 52 S BROAD ST, NORWICH NY, 13815. The official website for the company is www.nbtbancorp.com. The bank can be reached via phone at (607) 337-2265, via email at info@nbtbci.com, or via fax at 302-636-5454. This page (NASDAQ:NBTB) was last updated on 6/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding NBT Bancorp Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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