NBT Bancorp - NBTB Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NBT Bancorp in the last twelve months. There are currently 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "strong buy" NBTB shares.
View NBTB analyst ratings or view top-rated stocks.

1 equities research analysts have issued twelve-month price objectives for NBT Bancorp's shares. Their NBTB share price forecasts range from $42.00 to $49.00. On average, they anticipate the company's share price to reach $45.50 in the next twelve months. This suggests a possible upside of 35.4% from the stock's current price.
View analysts price targets for NBTB or view top-rated stocks among Wall Street analysts.

NBT Bancorp's stock was trading at $43.42 at the beginning of the year. Since then, NBTB stock has decreased by 22.6% and is now trading at $33.60.
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The company is scheduled to release its next quarterly earnings announcement on Monday, April 24th 2023.
View our NBTB earnings forecast.

NBT Bancorp Inc. (NASDAQ:NBTB) released its quarterly earnings results on Monday, October, 25th. The bank reported $0.86 EPS for the quarter, topping analysts' consensus estimates of $0.81 by $0.05. The bank had revenue of $118 million for the quarter, compared to analysts' expectations of $120.37 million. NBT Bancorp had a trailing twelve-month return on equity of 13.07% and a net margin of 28.17%. During the same quarter in the prior year, the firm earned $0.80 earnings per share.

NBT Bancorp announced a quarterly dividend on Monday, January 23rd. Shareholders of record on Wednesday, March 1st will be paid a dividend of $0.30 per share on Wednesday, March 15th. This represents a $1.20 dividend on an annualized basis and a yield of 3.57%. The ex-dividend date of this dividend is Tuesday, February 28th.
Read our dividend analysis for NBTB.

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), Invesco S&P SmallCap 600 Pure Growth ETF (RZG), SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV) and iShares US Small Cap Value Factor ETF (SVAL).

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 34.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NBTB will have a dividend payout ratio of 32.79% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NBTB.

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.

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).

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

NBT Bancorp's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (4.59%), Geode Capital Management LLC (1.89%), Charles Schwab Investment Management Inc. (1.03%), Morgan Stanley (0.82%), Norges Bank (0.80%) and The Manufacturers Life Insurance Company (0.67%). 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 and V Daniel Robinson II.
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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.
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One share of NBTB stock can currently be purchased for approximately $33.60.

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 $3.52 on an earnings per share basis.

The company employs 1,861 workers across the globe.

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.