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. $138.93 -4.24 (-2.96%) (As of 02/3/2023 12:00 AM ET) Add Compare Share Share Today's Range$134.30▼$142.9950-Day Range$110.84▼$143.1752-Week Range$106.81▼$355.51Volume1.33 million shsAverage Volume1.46 million shsMarket Capitalization$8.74 billionP/E Ratio6.69Dividend Yield1.96%Price Target$186.29 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Signature Bank MarketRank™ ForecastAnalyst RatingModerate Buy2.64 Rating ScoreUpside/Downside34.1% Upside$186.29 Price TargetShort InterestBearish6.31% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.18Upright™ Environmental ScoreNews Sentiment1.29Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth8.79%From $15.01 to $16.33 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.3.20 out of 5 starsFinance Sector14th out of 858 stocksState Commercial Banks Industry1st out of 180 stocks 4.3 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 34.1% from its current price of $138.93.Amount of Analyst CoverageSignature Bank has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted6.31% 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 3.2, 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 18.51%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldSignature Bank pays a meaningful dividend of 1.96%, higher than the bottom 25% of all stocks that pay dividends.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 17.15% 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 4.1 News and Social Media Coverage News SentimentSignature Bank has a news sentiment score of 1.29. 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 higher news sentiment than the 0.56 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Signature Bank this week, compared to 4 articles on an average week.Search Interest18 people have searched for SBNY on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.MarketBeat Follows13 people have added Signature Bank to their MarketBeat watchlist in the last 30 days. This is an increase of 117% 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 3.1 Earnings and Valuation Earnings GrowthEarnings for Signature Bank are expected to grow by 8.79% in the coming year, from $15.01 to $16.33 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Signature Bank is 6.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.80.Price to Earnings Ratio vs. SectorThe P/E ratio of Signature Bank is 6.69, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 181.18.Price to Earnings Growth RatioSignature Bank has a PEG Ratio of 1.00. PEG Ratios around 1 indicate that a company is correctly valued.Price to Book Value per Share RatioSignature Bank has a P/B Ratio of 1.09. P/B Ratios below 3 indicates that a company is reasonably valued 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 HeadlinesJanuary 17, 2023 | marketbeat.comGoldman Sachs, Shockwave fall; Morgan Stanley, Roblox riseStocks that traded heavily or had substantial price changes Tuesday: Goldman Sachs, Shockwave fall; Morgan Stanley, Roblox riseJanuary 31, 2023 | realmoney.thestreet.comCrypto Fears Bit at Signature Bank, but for No Good ReasonFebruary 4, 2023 | Wall Street Watch Dogs (Ad)“Future Fuel” will unleash $11 trillion wave of wealthThe next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…January 19, 2023 | finance.yahoo.comAfter Silvergate and Signature Earnings, the Worst Might Be Over for Crypto BanksJanuary 19, 2023 | nz.finance.yahoo.comSignature Bank (NASDAQ:SBNY) Analysts Are Reducing Their Forecasts For This YearJanuary 18, 2023 | marketwatch.comSignature Bank misses earnings estimates while deposits fall by $14 billionJanuary 18, 2023 | finance.yahoo.comSignature Bank (SBNY) Gains Despite Q4 Earnings Miss, Costs RiseJanuary 18, 2023 | seekingalpha.comSignature Bank: Concerns About Exiting Crypto Industry OverblownFebruary 4, 2023 | Wall Street Watch Dogs (Ad)“Future Fuel” will unleash $11 trillion wave of wealthThe next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…January 18, 2023 | finance.yahoo.comSignature Bank (NASDAQ:SBNY) Q4 2022 Earnings Call TranscriptJanuary 17, 2023 | seekingalpha.comSignature Bank: Showing Strength And Value Despite Bumpy QuarterJanuary 17, 2023 | msn.comSignature Bank Posts Higher Fourth-Quarter Results But Deposits Slump Over Reduction in Digital AssetsJanuary 17, 2023 | marketwatch.comSignature Bank tops earnings estimates while deposits fall by $14 billionJanuary 17, 2023 | finance.yahoo.comSignature Bank Reports 2022 Fourth Quarter and Year-End ResultsJanuary 17, 2023 | finance.yahoo.comSignature Bank Closes 2022 With Record Profit Even as Crypto Deposits Plunge by $12 BillionJanuary 16, 2023 | benzinga.comSignature Bank's Earnings OutlookJanuary 11, 2023 | finance.yahoo.comSignature Bank to Host 2022 Fourth Quarter and Year-end Results Conference CallJanuary 11, 2023 | finance.yahoo.comThe past year for Signature Bank (NASDAQ:SBNY) investors has not been profitableJanuary 10, 2023 | finance.yahoo.comSignature Bank (SBNY) Earnings Expected to Grow: What to Know Ahead of Q4 ReleaseJanuary 10, 2023 | finance.yahoo.comSignature Bank Stock Gets Downgraded. Even Reducing Crypto Exposure Can Hurt.December 29, 2022 | finance.yahoo.comWhy is Signature Bank (SBNY) Stock Out of Investor Favor?December 29, 2022 | finance.yahoo.comTime to Lean Into These 3 ‘Oversold’ Stocks, Say AnalystsDecember 28, 2022 | finance.yahoo.comSignature Bank (SBNY) Declined in Q3 on Management GuidanceDecember 27, 2022 | msn.comWhy These 10 Financial Stocks Could Soar in 2023December 20, 2022 | seekingalpha.comSignature Bank: Baby With The BathwaterDecember 11, 2022 | seekingalpha.comSignature Bank: An Indelible Giant With Towering Upside PotentialsDecember 9, 2022 | finance.yahoo.comWhy Signature Bank Stock Fell 11.2% This WeekSee 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 Ex-Dividend for 11/10 Dividend10/27/2022Dividend Payable11/10/2022Last Earnings1/17/2023Ex-Dividend for 2/10 Dividend1/26/2023Today2/04/2023Dividend Payable2/10/2023Next 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) 822-1500Fax646-822-1520Employees1,854Year 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+34.1%Consensus RatingModerate Buy Rating Score (0-4)2.64 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)$20.78 Trailing P/E Ratio6.69 Forward P/E Ratio9.26 P/E Growth1Net 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$3.71 billion Price / Sales2.36 Cash Flow$20.28 per share Price / Cash Flow6.85 Book Value$127.33 per share Price / Book1.09Miscellaneous Outstanding Shares62,930,000Free Float61,985,000Market Cap$8.74 billion OptionableOptionable Beta1.64 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 CompetitorsWestern Alliance BancorporationNYSE:WALCommerce BancsharesNASDAQ:CBSHProsperity BancsharesNYSE:PBSouthStateNASDAQ:SSBEast West BancorpNASDAQ:EWBCView All CompetitorsInsiders & InstitutionsEmerald Mutual Fund Advisers TrustSold 11,080 shares on 2/3/2023Ownership: 0.028%Emerald Advisers LLCBought 866 shares on 2/3/2023Ownership: 0.008%Securian Asset Management Inc.Sold 296 shares on 2/3/2023Ownership: 0.008%River Oaks Capital LLCBought 1,400 shares on 2/3/2023Ownership: 0.005%Ellevest Inc.Bought 510 shares on 2/3/2023Ownership: 0.001%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 twelve months. 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 brokerages have issued 12 month target prices for Signature Bank's shares. Their SBNY share price forecasts range from $124.00 to $288.00. On average, they expect the company's share price to reach $186.29 in the next year. This suggests a possible upside of 34.1% 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 at the beginning of 2023. Since then, SBNY stock has increased by 20.6% and is now trading at $138.93. View the best growth stocks for 2023 here. Are investors shorting Signature Bank? Signature Bank saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 3,970,000 shares, an increase of 18.5% from the December 31st total of 3,350,000 shares. Based on an average trading volume of 1,230,000 shares, the days-to-cover ratio is presently 3.2 days. View Signature Bank's Short Interest. 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) released its quarterly earnings data on Tuesday, January, 17th. The bank reported $4.65 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $4.92 by $0.27. The bank earned $683.90 million during the quarter, compared to the consensus estimate of $687 million. Signature Bank had a net margin of 36.03% and a trailing twelve-month return on equity of 16.76%. 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 paid a dividend of $0.70 per share on Friday, February 10th. This represents a $2.80 dividend on an annualized basis and a yield of 2.02%. The ex-dividend date is Thursday, January 26th. This is a boost from the stock's previous quarterly dividend of $0.56. Read our dividend analysis for SBNY. 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 1.96%. 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 17.15% 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 variety of institutional and retail investors. Top institutional shareholders include Parnassus Investments LLC (2.08%), Wedge Capital Management L L P NC (0.39%), Artemis Investment Management LLP (0.33%), Sumitomo Mitsui Trust Holdings Inc. (0.31%), Boston Trust Walden Corp (0.27%) and Reinhart Partners Inc. (0.20%). 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 $138.93. How much money does Signature Bank make? Signature Bank (NASDAQ:SBNY) has a market capitalization of $8.74 billion and generates $3.71 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 1,854 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 2/4/2023 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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