NASDAQ:NBTB - NBT Bancorp Stock Price, News, & Analysis

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

NBT Bancorp announced a quarterly dividend on Monday, October 22nd. Shareholders of record on Friday, November 30th will be given a dividend of $0.26 per share on Friday, December 14th. This represents a $1.04 annualized dividend and a yield of 2.91%. The ex-dividend date of this dividend is Thursday, November 29th. This is a boost from NBT Bancorp's previous quarterly dividend of $0.25. View NBT Bancorp's Dividend History.

NBT Bancorp declared that its board has initiated a stock buyback plan on Tuesday, October 24th 2017, which allows the company to repurchase 1,000,000 shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's management believes its shares are undervalued.

NBT Bancorp Inc. (NASDAQ:NBTB) issued its quarterly earnings results on Monday, October, 22nd. The bank reported $0.67 earnings per share for the quarter, beating analysts' consensus estimates of $0.65 by $0.02. The bank had revenue of $110.91 million for the quarter, compared to analysts' expectations of $110.87 million. NBT Bancorp had a return on equity of 10.91% and a net margin of 21.87%. The company's quarterly revenue was up 8.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.52 EPS. View NBT Bancorp's Earnings History.

NBT Bancorp is scheduled to release their next quarterly earnings announcement on Monday, January 28th 2019. View Earnings Estimates for NBT Bancorp.

3 brokerages have issued 12-month target prices for NBT Bancorp's stock. Their forecasts range from $38.00 to $41.50. On average, they expect NBT Bancorp's stock price to reach $39.75 in the next year. This suggests a possible upside of 11.2% from the stock's current price. View Analyst Price Targets for 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.

News coverage about NBTB stock has been trending somewhat positive this week, according to InfoTrie. The research group rates the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. NBT Bancorp earned a daily sentiment score of 1.1 on InfoTrie's scale. They also assigned news coverage about the bank a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days.

Some companies that are related to NBT Bancorp include Cullen/Frost Bankers (CFR), BOK Financial (BOKF), Webster Financial (WBS), Akbank T.A.S. (AKBTY), First Horizon National (FHN), CIT Group (CIT), PacWest Bancorp (PACW), Synovus Financial (SNV), Pinnacle Financial Partners (PNFP), Sterling Bancorp (STL), F.N.B. (FNB), MB Financial (MBFI), TCF Financial (TCF), UMB Financial (UMBF) and Community Bank System (CBU).

NBT Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.34%), Vanguard Group Inc. (9.97%), Dimensional Fund Advisors LP (4.91%), Macquarie Group Ltd. (3.33%), Bank of New York Mellon Corp (1.47%) and Morgan Stanley (0.49%). Company insiders that own NBT Bancorp stock include F Sheldon Prentice, Jack H Webb, John C Mitchell, Joseph A Santangelo, Joseph R Stagliano, Martin A Dietrich, Michael J Chewens, Robert A Wadsworth, Sarah A Halliday 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 JPMorgan Chase & Co., JPMorgan Chase & Co., Russell Investments Group Ltd., Macquarie Group Ltd., GSA Capital Partners LLP, Citadel Advisors LLC, TIAA CREF Investment Management LLC and SG Americas Securities LLC. Company insiders that have sold NBT Bancorp company stock in the last year include Joseph R Stagliano, Michael J Chewens and Robert A Wadsworth. View Insider Buying and Selling for NBT Bancorp.

NBTB stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Morgan Stanley, Wells Fargo & Company MN, Bank of New York Mellon Corp, Kaizen Advisory LLC, Renaissance Technologies LLC and Resources Management Corp CT ADV. View Insider Buying and Selling for 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, Scottrade, Fidelity and Charles Schwab.

One share of NBTB stock can currently be purchased for approximately $35.76.

NBT Bancorp has a market capitalization of $1.59 billion and generates $430.71 million in revenue each year. The bank earns $82.15 million in net income (profit) each year or $1.97 on an earnings per share basis. NBT Bancorp employs 1,733 workers across the globe.

The official website for NBT Bancorp is http://www.nbtbancorp.com.

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]