NBT Bancorp Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NBT Bancorp in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" NBT Bancorp stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NBTB, but not buy additional shares or sell existing shares.
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Wall Street analysts have given NBT Bancorp a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but NBT Bancorp wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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NBT Bancorp saw a decrease in short interest in the month of May. As of May 28th, there was short interest totaling 564,500 shares, a decrease of 19.2% from the May 13th total of 698,500 shares. Based on an average daily trading volume, of 139,400 shares, the days-to-cover ratio is currently 4.0 days. Currently, 1.3% of the company's stock are sold short.
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NBT Bancorp is scheduled to release its next quarterly earnings announcement on Monday, July 26th 2021.
View our earnings forecast for NBT Bancorp.

NBT Bancorp Inc. (NASDAQ:NBTB) announced its quarterly earnings results on Sunday, April, 25th. The bank reported $0.90 EPS for the quarter, beating the Zacks' consensus estimate of $0.72 by $0.18. The bank earned $116.09 million during the quarter, compared to analyst estimates of $119.78 million. NBT Bancorp had a net margin of 27.26% and a trailing twelve-month return on equity of 11.48%.
View NBT Bancorp's earnings history.

NBT Bancorp's stock was trading at $29.73 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, NBTB shares have increased by 24.0% and is now trading at $36.88.
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NBT Bancorp declared a quarterly dividend on Monday, April 26th. Investors of record on Tuesday, June 1st will be given a dividend of $0.27 per share on Tuesday, June 15th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 2.93%. The ex-dividend date is Friday, May 28th.
View NBT Bancorp's dividend history.

NBT Bancorp pays an annual dividend of $1.08 per share and currently has a dividend yield of 2.90%. 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.

1 brokers have issued 1-year target prices for NBT Bancorp's stock. Their forecasts range from $30.00 to $30.00. On average, they anticipate NBT Bancorp's stock price to reach $30.00 in the next twelve months. This suggests that the stock has a possible downside of 18.7%.
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), First Horizon (FHN), Zions Bancorporation, National Association (ZION) and Commerce Bancshares (CBSH).
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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 a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.80%), Dimensional Fund Advisors LP (4.32%), Northern Trust Corp (1.78%), Geode Capital Management LLC (1.65%), Principal Financial Group Inc. (0.77%) and Principal Financial Group Inc. (0.77%). 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 sold by a variety of institutional investors in the last quarter, including Northern Trust Corp, Renaissance Technologies LLC, Dimensional Fund Advisors LP, Healthcare of Ontario Pension Plan Trust Fund, NBT Bank N A NY, Morgan Stanley, Guggenheim Capital LLC, and Mendon Capital Advisors Corp. Company insiders that have sold NBT Bancorp company stock in the last year include Jack H Webb, Matthew K Durkee, and V Daniel Robinson II.
View insider buying and selling activity for NBT Bancorp or view top insider-selling stocks.

NBTB stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Goldman Sachs Group Inc., The Manufacturers Life Insurance Company, Citadel Advisors LLC, Richard Bernstein Advisors LLC, Brandywine Global Investment Management LLC, Geode Capital Management LLC, and Grantham Mayo Van Otterloo & Co. LLC. 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 $36.88.

NBT Bancorp has a market capitalization of $1.60 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]