NASDAQ:SBNY Signature Bank - SBNY Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Signature Bank Please log in to your account or sign up in order to add this asset to your watchlist. $70.00 0.00 (0.00%) (As of 03/23/2023 12:00 AM ET) Add Compare Share Share Today's Range$70.00▼$70.0050-Day Range$70.00▼$143.1752-Week Range$61.37▼$328.88VolumeN/AAverage Volume2.23 million shsMarket Capitalization$4.41 billionP/E Ratio3.37Dividend Yield4.00%Price Target$186.29 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Signature Bank MarketRank™ ForecastAnalyst RatingModerate Buy2.64 Rating ScoreUpside/Downside166.1% Upside$186.29 Price TargetShort InterestBearish6.02% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.18Upright™ Environmental ScoreNews Sentiment0.01Based on 23 Articles This WeekInsider TradingN/AProj. Earnings Growth7.58%From $14.52 to $15.62 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.16 out of 5 starsFinance Sector87th out of 868 stocksState Commercial Banks Industry21st out of 179 stocks 3.3 Analyst's Opinion Consensus RatingSignature Bank has received a consensus rating of Buy. The company's average rating score is 2.64, and is based on 9 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $186.29, Signature Bank has a forecasted upside of 166.1% from its current price of $70.00.Amount of Analyst CoverageSignature Bank has only been the subject of 4 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted6.02% of the outstanding shares of Signature Bank have been sold short.Short Interest Ratio / Days to CoverSignature Bank has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Signature Bank has recently increased by 3.84%, indicating that investor sentiment is decreasing. Previous Next 3.3 Dividend Strength Dividend LeadershipSignature Bank is a leading dividend payer. It pays a dividend yield of 4.00%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSignature Bank has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Signature Bank is 13.47%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Signature Bank will have a dividend payout ratio of 17.93% next year. This indicates that Signature Bank will be able to sustain or increase its dividend. Previous Next 2.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSignature Bank has received a 15.50% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Debit cards", "Consumer savings accounts provided by brick and mortar banks", "Fixed interest accounts", and "Development loans for corporations" products. See details.Environmental SustainabilityThe Environmental Impact score for Signature Bank is -0.18. Previous Next 3.3 News and Social Media Coverage News SentimentSignature Bank has a news sentiment score of 0.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.44 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 23 news articles for Signature Bank this week, compared to 6 articles on an average week.Social Mentions This WeekMarketBeat has tracked 5 reddit mentions for Signature Bank this week, compared to 2 mentions on an average week.Search Interest69 people have searched for SBNY on MarketBeat in the last 30 days. This is an increase of 123% compared to the previous 30 days.MarketBeat Follows14 people have added Signature Bank to their MarketBeat watchlist in the last 30 days. This is an increase of 180% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Signature Bank insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.50% of the stock of Signature Bank is held by insiders.Percentage Held by Institutions93.62% of the stock of Signature Bank is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for Signature Bank are expected to grow by 7.58% in the coming year, from $14.52 to $15.62 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Signature Bank is 3.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.93.Price to Earnings Ratio vs. SectorThe P/E ratio of Signature Bank is 3.37, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 138.34.Price to Earnings Growth RatioSignature Bank has a PEG Ratio of 0.51. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioSignature Bank has a P/B Ratio of 0.55. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Signature Bank (NASDAQ:SBNY) StockSignature Bank engages in the provision of commercial banking services. It operates through the Commercial Banking and Specialty Finance segments. The Commercial Banking segment consists of commercial real estate lending, commercial and industrial lending, and commercial deposit gathering activities. The Specialty Finance segment consists of financing and leasing products. The company was founded by John Tamberlane, Scott Aaron Shay, and Joseph J. DePaolo in September 2000 and is headquartered in New York, NY.Read More Receive SBNY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Signature Bank and its competitors with MarketBeat's FREE daily newsletter. Email Address SBNY Stock News HeadlinesMarch 22, 2023 | marketbeat.comSeesaw Effect: As Banks Drop, These 3 Stocks Are Going Up (SBNY)Precious metals and alternative currencies are benefiting from the uncertainty around the financial sector, and stocks tied to these areas are trending higher.March 21, 2023 | marketbeat.comAnalysts Remain Bullish On These 3 Regional Banks (SBNY)When the dust settles, fundamentally sound banks with diversified revenue sources and sturdy balance sheets will be viewed as investment opportunities.March 24, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!March 20, 2023 | marketbeat.comWhich Gold Stocks Can Help You Hedge Bank Exposure? (SBNY)The fallout from the Silicon Valley Bank implosion and the subsequent contagion fears spread throughout the banking sector. Nearly all bank stocksMarch 20, 2023 | marketbeat.comRisk-Free Money Market vs. Bank Dividend Stock, Which is Better? (SBNY)Banks stocks have been making headlines due to the collapse of the nation’s 16th largest bank, Silicon Valley Bank and Signature Bank. Notably, theMarch 20, 2023 | marketbeat.comIs Fifth Third Bancorp a Stalwart Among Regional Banks? (SBNY)The Silicon Valley Bank disaster has spread contagion fears throughout the regional banking industry. Regional bank Fifth Third Bancorp (NASDAQ: FITB) stock hasMarch 17, 2023 | marketbeat.comEurope Raises Interest Rates, Should the Fed Follow? (SBNY)The European Central Bank increases interest rates by 50 basis points while also contending with a banking crisis - should the Fed follow suit?March 16, 2023 | marketbeat.comDon't Miss Out: $2 Trillion Could be Headed to the Banking Sector (SBNY)Up to $2 trillion in liquidity could flow to banks in the financial services sector. Here's how you can position your portfolio.March 24, 2023 | Stansberry Research (Ad)The gold catalyst we’ve waited forIf you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK. March 13, 2023 | marketbeat.comThese Hedge Funds Are Getting Crushed By SVB (SBNY)Three investment funds, including one of Europe's largest pension funds, have huge sudden losses in their portfolios. Which regional bank is the next SVB?March 23, 2023 | reuters.comYellen says FDIC estimate of $2.5 bln loss on Signature Bank is not final determinationMarch 23, 2023 | finance.yahoo.comUPDATE 1-Yellen says FDIC estimate of $2.5 bln loss on Signature Bank is not final determinationMarch 23, 2023 | benzinga.comSBNY LAWSUIT ALERT: Levi & Korsinsky Notifies Signature Bank Investors of a Class Action Lawsuit and Upcoming DeadlineMarch 23, 2023 | finance.yahoo.comWhat Wall Street is saying about the Fed's last interest rate hike, Powell commentsMarch 22, 2023 | finance.yahoo.comU.S. Bancorp Says Business is Growing Despite Banking Industry ConcernsMarch 21, 2023 | finance.yahoo.comExplainer-How does bank deposit insurance work, and who does it cover?March 21, 2023 | benzinga.comINVESTOR ACTION NOTICE: The Schall Law Firm Encourages Investors in Signature Bank with Losses of $100,000 to Contact the FirmMarch 21, 2023 | finance.yahoo.comYellen: U.S. Could Intervene Again to Protect Banking SystemMarch 20, 2023 | benzinga.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Signature Bank – SBNYMarch 20, 2023 | benzinga.comHow The Collapse Of Credit Suisse, SVB And Signature Bank Relate To The 2008 Financial CrisisMarch 20, 2023 | finance.yahoo.com5 Reasons Bitcoin Is Soaring Amid the Bank Panic. One Is Key for Stocks.March 20, 2023 | msn.comNY Community Bancorp unit agrees to buy Signature Bank deposits, some loansMarch 20, 2023 | finance.yahoo.comSignature Bank's Assets Sold To New York Community Bancorp's Flagstar BankMarch 19, 2023 | seekingalpha.comNew York Community Bancorp pursuing acquisition of Signature Bank - reportMarch 19, 2023 | finance.yahoo.comBitcoin Is Rising After UBS-Credit Suisse DealMarch 18, 2023 | finance.yahoo.comLocal Banks Could Leave Gaps That Are Hard to FillMarch 17, 2023 | finance.yahoo.comBiden calls on Congress to give regulators authority to claw back exec. compensationSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive SBNY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Signature Bank and its competitors with MarketBeat's FREE daily newsletter. Email Address SBNY Company Calendar Last Earnings1/17/2023Ex-Dividend for 2/10 Dividend1/26/2023Dividend Payable2/10/2023Today3/24/2023Next Earnings (Estimated)4/18/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry State commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:SBNY CUSIP82669G10 CIK1288784 Webwww.signatureny.com Phone(646) 822-1500Fax646-822-1520Employees2,243Year Founded2001Price Target and Rating Average Stock Price Forecast$186.29 High Stock Price Forecast$288.00 Low Stock Price Forecast$124.00 Forecasted Upside/Downside+166.1%Consensus RatingModerate Buy Rating Score (0-4)2.64 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)$20.78 Trailing P/E Ratio3.37 Forward P/E Ratio4.82 P/E Growth0.51Net Income$1.34 billion Net Margins36.03% Pretax Margin47.30% Return on Equity16.76% Return on Assets1.16% Debt Debt-to-Equity Ratio1.48 Current Ratio0.90 Quick Ratio0.89 Sales & Book Value Annual Sales$2.70 billion Price / Sales1.63 Cash Flow$27.56 per share Price / Cash Flow2.54 Book Value$127.33 per share Price / Book0.55Miscellaneous Outstanding Shares62,929,000Free Float61,985,000Market Cap$4.41 billion OptionableOptionable Beta1.66 Social Links Key ExecutivesJoseph J. DePaoloPresident, Chief Executive Officer & DirectorEric R. HowellCOO, Executive VP-Corporate & Business DevelopmentStephen WyremskiChief Financial Officer & Senior Vice PresidentMichael SharkeyChief Technology Officer & Senior Vice PresidentThomas KasulkaChief Lending Officer & Executive Vice PresidentKey CompetitorsWintrust FinancialNASDAQ:WTFCFirst Financial BanksharesNASDAQ:FFINHome Bancshares, Inc. (Conway, AR)NYSE:HOMBGlacier BancorpNASDAQ:GBCIUnited BanksharesNASDAQ:UBSIView All CompetitorsInstitutional OwnershipMetLife Investment Management LLCSold 277 shares on 3/23/2023Ownership: 0.026%Victory Capital Management Inc.Bought 56,163 shares on 3/10/2023Ownership: 0.163%Rockefeller Capital Management L.P.Sold 281 shares on 3/6/2023Ownership: 0.000%OLD Mission Capital LLCBought 224 shares on 3/6/2023Ownership: 0.000%Voya Investment Management LLCBought 603 shares on 2/28/2023Ownership: 0.037%View All Institutional Transactions SBNY Stock - Frequently Asked Questions Should I buy or sell Signature Bank stock right now? 14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Signature Bank in the last year. There are currently 5 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SBNY shares. View SBNY analyst ratings or view top-rated stocks. What is Signature Bank's stock price forecast for 2023? 14 equities research analysts have issued 1-year price objectives for Signature Bank's stock. Their SBNY share price forecasts range from $124.00 to $288.00. On average, they predict the company's share price to reach $186.29 in the next twelve months. This suggests a possible upside of 166.1% from the stock's current price. View analysts price targets for SBNY or view top-rated stocks among Wall Street analysts. How have SBNY shares performed in 2023? Signature Bank's stock was trading at $115.22 on January 1st, 2023. Since then, SBNY shares have decreased by 39.2% and is now trading at $70.00. View the best growth stocks for 2023 here. When is Signature Bank's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 18th 2023. View our SBNY earnings forecast. How were Signature Bank's earnings last quarter? Signature Bank (NASDAQ:SBNY) posted its quarterly earnings data on Tuesday, January, 17th. The bank reported $4.65 EPS for the quarter, missing analysts' consensus estimates of $4.92 by $0.27. The bank had revenue of $683.90 million for the quarter, compared to the consensus estimate of $687 million. Signature Bank had a trailing twelve-month return on equity of 16.76% and a net margin of 36.03%. How often does Signature Bank pay dividends? What is the dividend yield for Signature Bank? Signature Bank declared a quarterly dividend on Tuesday, January 17th. Stockholders of record on Friday, January 27th will be given a dividend of $0.70 per share on Friday, February 10th. This represents a $2.80 annualized dividend and a yield of 4.00%. The ex-dividend date of this dividend is Thursday, January 26th. This is an increase from the stock's previous quarterly dividend of $0.56. Read our dividend analysis for SBNY. What ETFs hold Signature Bank's stock? ETFs with the largest weight of Signature Bank (NASDAQ:SBNY) stock in their portfolio include Grayscale Future of Finance ETF (GFOF), BlackRock Future Financial and Technology ETF (BPAY), First Trust SkyBridge Crypto Industry and Digital Economy ETF (CRPT), Capital Link Global Fintech Leaders ETF (KOIN), Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC), iShares U.S. Regional Banks ETF (IAT), Horizon Kinetics Blockchain Development ETF (BCDF) and Siren Nasdaq NexGen Economy ETF (BLCN). Is Signature Bank a good dividend stock? Signature Bank (NASDAQ:SBNY) pays an annual dividend of $2.80 per share and currently has a dividend yield of 4.00%. SBNY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 13.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SBNY will have a dividend payout ratio of 17.93% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SBNY. What is Joseph J. DePaolo's approval rating as Signature Bank's CEO? 31 employees have rated Signature Bank Chief Executive Officer Joseph J. DePaolo on Glassdoor.com. Joseph J. DePaolo has an approval rating of 54% among the company's employees. This puts Joseph J. DePaolo in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Signature Bank own? Based on aggregate information from My MarketBeat watchlists, some companies that other Signature Bank investors own include Walt Disney (DIS), JPMorgan Chase & Co. (JPM), Alibaba Group (BABA), NVIDIA (NVDA), Visa (V), AbbVie (ABBV), Bank of America (BAC), Johnson & Johnson (JNJ), UnitedHealth Group (UNH) and Broadcom (AVGO). What is Signature Bank's stock symbol? Signature Bank trades on the NASDAQ under the ticker symbol "SBNY." Who are Signature Bank's major shareholders? Signature Bank's stock is owned by a number of institutional and retail investors. Top institutional investors include Price T Rowe Associates Inc. MD (4.97%), Geode Capital Management LLC (2.18%), Parnassus Investments LLC (2.08%), Davis Asset Management L.P. (1.75%), Brown Brothers Harriman & Co. (1.58%) and EdgePoint Investment Group Inc. (1.58%). How do I buy shares of Signature Bank? Shares of SBNY 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. Compare Top Brokerages Here. What is Signature Bank's stock price today? One share of SBNY stock can currently be purchased for approximately $70.00. How much money does Signature Bank make? Signature Bank (NASDAQ:SBNY) has a market capitalization of $4.41 billion and generates $2.70 billion in revenue each year. The bank earns $1.34 billion in net income (profit) each year or $20.78 on an earnings per share basis. How many employees does Signature Bank have? The company employs 2,243 workers across the globe. Does Signature Bank have any subsidiaries? The following companies are subsidiares of Signature Bank: Signature Preferred Capital Inc..Read More How can I contact Signature Bank? Signature Bank's mailing address is 565 Fifth Avenue, New York NY, 10017. The official website for the company is www.signatureny.com. The bank can be reached via phone at (646) 822-1500, via email at ehowell@signatureny.com, or via fax at 646-822-1520. This page (NASDAQ:SBNY) was last updated on 3/24/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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