NBT Bancorp Stock Forecast, Price & News

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 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" NBT Bancorp stock.
View analyst ratings for NBT Bancorp or view top-rated stocks.

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NBT Bancorp saw a drop in short interest during the month of June. As of June 30th, there was short interest totaling 534,700 shares, a drop of 23.3% from the June 15th total of 697,300 shares. Based on an average daily trading volume, of 142,000 shares, the short-interest ratio is currently 3.8 days. Currently, 1.3% of the shares of the company are short sold.
View NBT Bancorp's Short Interest.

NBT Bancorp is scheduled to release its next quarterly earnings announcement on Monday, October 25th 2021.
View our earnings forecast for NBT Bancorp.

NBT Bancorp Inc. (NASDAQ:NBTB) announced its earnings results on Sunday, July, 25th. The bank reported $0.93 earnings per share for the quarter, beating analysts' consensus estimates of $0.77 by $0.16. NBT Bancorp had a trailing twelve-month return on equity of 11.48% and a net margin of 27.26%.
View NBT Bancorp's earnings history.

NBT Bancorp's stock was trading at $29.73 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, NBTB stock has increased by 17.2% and is now trading at $34.85.
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NBT Bancorp announced a quarterly dividend on Tuesday, July 27th. Stockholders of record on Wednesday, September 1st will be given a dividend of $0.28 per share on Wednesday, September 15th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 3.21%. The ex-dividend date of this dividend is Tuesday, August 31st. This is an increase from NBT Bancorp's previous quarterly dividend of $0.27.
View NBT Bancorp's dividend history.

NBT Bancorp pays an annual dividend of $1.08 per share and currently has a dividend yield of 3.09%. NBT Bancorp does not yet have a strong track record of dividend growth. The dividend payout ratio of NBT Bancorp is 45.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NBT Bancorp will have a dividend payout ratio of 38.30% next year. This indicates that NBT Bancorp will be able to sustain or increase its dividend.
View NBT Bancorp's dividend history.

2 brokerages have issued 1 year price objectives for NBT Bancorp's shares. Their forecasts range from $40.00 to $40.00. On average, they anticipate NBT Bancorp's share price to reach $40.00 in the next twelve months. This suggests a possible upside of 14.8% from the stock's current price.
View analysts' price targets for NBT Bancorp or view top-rated stocks among Wall Street analysts.

22 employees have rated NBT Bancorp CEO Martin A. Dietrich on Glassdoor.com. Martin A. Dietrich has an approval rating of 80% among NBT Bancorp's employees.

Some companies that are related to NBT Bancorp include The PNC Financial Services Group (PNC), Truist Financial (TFC), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), KeyCorp (KEY), Regions Financial (RF), M&T Bank (MTB), Huntington Bancshares (HBAN), Signature Bank (SBNY), East West Bancorp (EWBC), Western Alliance Bancorporation (WAL), Zions Bancorporation, National Association (ZION), First Horizon (FHN) and Commerce Bancshares (CBSH).
View all of NBTB's competitors.

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), The Bank of New York Mellon (BK), Gilead Sciences (GILD), International Business Machines (IBM) and Intel (INTC).

NBT Bancorp trades on the NASDAQ under the ticker symbol "NBTB."

NBT Bancorp's stock is owned by many different retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.07%). Company insiders that own NBT Bancorp stock include Catherine Scarlett, Jack H Webb, Joseph A Santangelo, Lowell A Seifter, Matthew K Durkee and V Daniel Robinson II.
View institutional ownership trends for NBT Bancorp.

NBTB stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. Company insiders that have bought NBT Bancorp stock in the last two years include Catherine Scarlett, and Joseph A Santangelo.
View insider buying and selling activity for NBT Bancorp or or view top insider-buying stocks.

Shares of NBTB 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.
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One share of NBTB stock can currently be purchased for approximately $34.85.

NBT Bancorp has a market capitalization of $1.51 billion and generates $494.56 million in revenue each year. The bank earns $104.39 million in net income (profit) each year or $2.37 on an earnings per share basis.

NBT Bancorp employs 1,812 workers across the globe.

The official website for NBT Bancorp is www.nbtbancorp.com.

NBT Bancorp is headquartered at 52 S BROAD ST, NORWICH NY, 13815.

NBT Bancorp's mailing address is 52 S BROAD ST, NORWICH NY, 13815. The bank can be reached via phone at 607-337-2265 or via email at [email protected]