NASDAQ:NBTBNBT Bancorp Stock Price, Forecast & News

$33.80

+1.86 (+5.82 %)

(As of 06/5/2020 04:00 PM ET)

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Today's Range

$32.87

Now: $33.80▼

$34.65

50-Day Range

$27.54

MA: $30.89▼

$35.10

52-Week Range

$26.32

Now: $33.80▼

$41.50

Volume203,886 shs

Average Volume167,131 shs

Market Capitalization$1.48 billion

P/E Ratio14.63

Dividend Yield3.38%

Beta0.66

NBT Bancorp Inc., a financial holding company, provides commercial banking, retail banking, and wealth management services. Its deposit products include demand deposit, savings, negotiable order of withdrawal, money market deposit, and certificate of deposit accounts. The company's loan portfolio comprises commercial and industrial, commercial real estate, agricultural, and commercial construction loans; indirect and direct consumer, home equity, direct loans, mortgages, business banking loans, and commercial loans; and residential real estate loans, as well as development loans. It also provides trust and investment services; financial planning and life insurance services; and retirement plan consulting and recordkeeping services. In addition, the company offers insurance products comprising personal property and casualty, business liability, and commercial insurance, as well as other products and services through 24-hour online, mobile, and telephone channels that enable customers to check balances, make deposits, transfer funds, pay bills, access statements, apply for loans, and access various other products and services. As of December 31, 2018, it had 151 banking locations and 182 ATMs in Pennsylvania, Vermont, Massachusetts, New Hampshire, and Maine. NBT Bancorp Inc. was founded in 1856 and is headquartered in Norwich, New York.

Beat the Market (BTM) Rank^™

1.0 Analyst's Opinion

Consensus Rating
NBT Bancorp has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $36.50, NBT Bancorp has a potential upside of 8.0% from its current price of $33.80.
Amount of Analyst Coverage
NBT Bancorp has only been the subject of 1 research reports in the past 90 days.

1.9 Community Rank

Outperform Votes
NBT Bancorp has received 214 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
NBT Bancorp has received 345 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
NBT Bancorp has received 61.72% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about NBT Bancorp and other stocks. Vote “Outperform” if you believe NBTB will outperform the S&P 500 over the long term. Vote “Underperform” if you believe NBTB will underperform the S&P 500 over the long term. You may vote once every thirty days.

4.2 Dividend Strength

Dividend Leadership
NBT Bancorp is a leading dividend payer. It pays a dividend yield of 3.38%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
NBT Bancorp has been increasing its dividend for 7 years.
Dividend Coverage
The dividend payout ratio of NBT Bancorp is 39.42 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, NBT Bancorp will have a dividend payout ratio of 52.17 % next year. This indicates that NBT Bancorp will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, NBT Bancorp insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 3.29% of the stock of NBT Bancorp is held by insiders.
Percentage Held by Institutions
56.02% of the stock of NBT Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for NBT Bancorp are expected to decrease by -0.48% in the coming year, from $2.08 to $2.07 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of NBT Bancorp is 14.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.40.
Price to Earnings Ratio vs. Sector
The P/E ratio of NBT Bancorp is 14.63, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.86.
Price to Book Value per Share Ratio
NBT Bancorp has a P/B Ratio of 1.32. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.86 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry National commercial banks

Sub-IndustryRegional Banks

SectorFinance

Current SymbolNASDAQ:NBTB

Previous Symbol

CUSIP62877810

CIK790359

Webwww.nbtbancorp.com

Phone607-337-2265

Debt

Debt-to-Equity Ratio0.15

Current Ratio0.88

Quick Ratio0.88

Price-To-Earnings

Trailing P/E Ratio14.63

Forward P/E Ratio16.25

P/E GrowthN/A

Sales & Book Value

Annual Sales$511.56 million

Price / Sales2.90

Cash Flow$3.50 per share

Price / Cash Flow9.66

Book Value$25.58 per share

Price / Book1.32

Profitability

EPS (Most Recent Fiscal Year)$2.74

Net Income$121.02 million

Net Margins20.00%

Return on Equity9.28%

Return on Assets1.05%

Miscellaneous

Employees1,788

Outstanding Shares43,850,000

Market Cap$1.48 billion

Next Earnings Date7/27/2020 (Estimated)

OptionableOptionable

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NBT Bancorp (NASDAQ:NBTB) Frequently Asked Questions

How has NBT Bancorp's stock been impacted by COVID-19 (Coronavirus)?

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 stock has increased by 13.7% and is now trading at $33.80. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of NBT Bancorp?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NBT Bancorp in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for NBT Bancorp.

When is NBT Bancorp's next earnings date?

NBT Bancorp is scheduled to release its next quarterly earnings announcement on Monday, July 27th 2020. View our earnings forecast for NBT Bancorp.

How were NBT Bancorp's earnings last quarter?

NBT Bancorp Inc. (NASDAQ:NBTB) announced its earnings results on Monday, April, 27th. The bank reported $0.25 EPS for the quarter, missing the Zacks' consensus estimate of $0.52 by $0.27. The bank earned $112.60 million during the quarter, compared to analyst estimates of $111.64 million. NBT Bancorp had a net margin of 20.00% and a return on equity of 9.28%. View NBT Bancorp's earnings history.

How often does NBT Bancorp pay dividends? What is the dividend yield for NBT Bancorp?

NBT Bancorp declared a quarterly dividend on Monday, March 23rd. Stockholders of record on Monday, June 1st will be paid a dividend of $0.27 per share on Monday, June 15th. This represents a $1.08 annualized dividend and a yield of 3.20%. The ex-dividend date is Friday, May 29th. View NBT Bancorp's dividend history.

What price target have analysts set for NBTB?

3 equities research analysts have issued 12 month price targets for NBT Bancorp's shares. Their forecasts range from $35.00 to $38.00. On average, they expect NBT Bancorp's share price to reach $36.50 in the next twelve months. This suggests a possible upside of 8.0% from the stock's current price. View analysts' price targets for NBT Bancorp.

Has NBT Bancorp been receiving favorable news coverage?

Headlines about NBTB stock have been trending extremely negative recently, InfoTrie Sentiment reports. The research firm scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. NBT Bancorp earned a news impact score of -5.0 on InfoTrie's scale. They also gave news headlines about the bank a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next few days. View the latest news aboutNBT Bancorp.

Are investors shorting NBT Bancorp?

NBT Bancorp saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 1,510,000 shares, a decrease of 5.6% from the April 30th total of 1,600,000 shares. Based on an average daily volume of 181,300 shares, the short-interest ratio is presently 8.3 days. Approximately 3.5% of the company's shares are sold short. View NBT Bancorp's Current Options Chain.

Who are some of NBT Bancorp's key competitors?

Some companies that are related to NBT Bancorp include Truist Financial (TFC), PNC Financial Services Group (PNC), SunTrust Banks (STI), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), Regions Financial (RF), SVB Financial Group (SIVB), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Zions Bancorporation NA (ZION), Signature Bank (SBNY) and East West Bancorp (EWBC). View all competitors.

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), IBM (IBM) and Intel (INTC).

Who are NBT Bancorp's key executives?

NBT Bancorp's management team includes the following people:

Mr. John H. Watt Jr., Pres, CEO & Director (Age 61)
Mr. Michael J. Chewens, Sr. Exec. VP & CFO (Age 58)
Mr. Joseph R. Stagliano, Exec. VP and Pres of Retail Community Banking (Age 50)
Mr. Timothy L. Brenner, Exec. VP & Pres of Wealth Management (Age 62)
Ms. Sarah A. Halliday, Exec. VP & Pres of Commercial Banking (Age 48)

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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (14.51%), State Street Corp (3.28%), Bank of New York Mellon Corp (1.49%), Geode Capital Management LLC (1.48%), Invesco Ltd. (1.34%) and Principal Financial Group Inc. (0.79%). Company insiders that own NBT Bancorp stock include Joseph R Stagliano, Lowell A Seifter, Michael J Chewens and Sarah A Halliday. View institutional ownership trends for NBT Bancorp.

Which major investors are selling NBT Bancorp stock?

NBTB stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, JPMorgan Chase & Co., Denali Advisors LLC, BlackRock Inc., New York State Common Retirement Fund, UBS Group AG, and Parametric Portfolio Associates LLC. View insider buying and selling activity for NBT Bancorp.

Which major investors are buying NBT Bancorp stock?

NBTB stock was acquired by a variety of institutional investors in the last quarter, including State Street Corp, First Trust Advisors LP, NBT Bank N A NY, Geode Capital Management LLC, Wells Fargo & Company MN, Acadian Asset Management LLC, Dupont Capital Management Corp, and BNP Paribas Arbitrage SA. View insider buying and selling activity for NBT Bancorp.

How do I buy shares of NBT Bancorp?

Shares of NBTB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is NBT Bancorp's stock price today?

One share of NBTB stock can currently be purchased for approximately $33.80.

How big of a company is NBT Bancorp?

NBT Bancorp has a market capitalization of $1.48 billion and generates $511.56 million in revenue each year. The bank earns $121.02 million in net income (profit) each year or $2.74 on an earnings per share basis. NBT Bancorp employs 1,788 workers across the globe.

What is NBT Bancorp's official website?

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

How can I contact NBT Bancorp?

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]

This page was last updated on 6/7/2020 by MarketBeat.com Staff