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 All Access 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. $0.19 0.00 (-1.85%) (As of 03/31/2023 03:22 PM ET) Add Compare Share Share Today's Range$0.15▼$0.2350-Day Range$0.13▼$143.1752-Week Range$0.09▼$319.93Volume23.72 million shsAverage Volume6.36 million shsMarket Capitalization$11.66 millionP/E Ratio0.01Dividend Yield1,511.06%Price Target$186.29 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Signature Bank MarketRank™ ForecastAnalyst RatingModerate Buy2.64 Rating ScoreUpside/Downside88,354.8% Upside$186.29 Price TargetShort InterestBearish10.38% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.18Upright™ Environmental ScoreNews Sentiment-0.41Based on 20 Articles This WeekInsider TradingN/AProj. Earnings Growth9.61%From $14.47 to $15.86 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.2.68 out of 5 starsFinance Sector165th out of 891 stocksState Commercial Banks Industry54th out of 187 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 88,354.8% from its current price of $0.21.Amount of Analyst CoverageSignature Bank has only been the subject of 4 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted10.38% 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 4.4.Change versus previous monthShort interest in Signature Bank has recently increased by 72.30%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipSignature Bank is a leading dividend payer. It pays a dividend yield of 2,153.85%, 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 17.65% 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 2.0 News and Social Media Coverage News SentimentSignature Bank has a news sentiment score of -0.41. 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 0.59 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 20 news articles for Signature Bank this week, compared to 6 articles on an average week.Social Mentions This WeekMarketBeat has tracked 4 reddit mentions for Signature Bank this week, compared to 2 mentions on an average week.Search Interest82 people have searched for SBNY on MarketBeat in the last 30 days. This is an increase of 148% compared to the previous 30 days.MarketBeat Follows22 people have added Signature Bank to their MarketBeat watchlist in the last 30 days. This is an increase of 450% 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 9.61% in the coming year, from $14.47 to $15.86 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Signature Bank is 0.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.34.Price to Earnings Ratio vs. SectorThe P/E ratio of Signature Bank is 0.01, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 135.57.Price to Book Value per Share RatioSignature Bank has a P/B Ratio of 0.00. 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 27, 2023 | marketbeat.comIf Safety is Your Concern, Then Take a Look at Sandy Spring Bank (SBNY)The market has been selling off bank stocks on fears of contagion stemming from the Silicon Valley Bank implosion and Signature Bank insolvency. Regional banksMarch 27, 2023 | marketbeat.comWant Diversified Exposure in the Regional Banks? Try These ETFs (SBNY)The Silicon Valley Bank implosion created a domino effect, with regional bank stocks selling off to levels not seen in years. The key word here is contagion andMarch 31, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.March 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 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 31, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.March 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 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 31, 2023 | seekingalpha.comFDIC seeks to sell Silicon Valley Bank, Signature Bank securities portfolios - reportMarch 31, 2023 | americanbankingnews.comSignature Bank (NASDAQ:SBNY) Receives Average Rating of "Moderate Buy" from BrokeragesMarch 31, 2023 | msn.comMetropolitan Bank Dives 28% on Vidar Short Report Before After Hours Claw-backMarch 30, 2023 | finance.yahoo.comThursday’s top stories: White House banking regulation, Roku layoffs, EVgo earnings beatMarch 30, 2023 | nasdaq.comYellen says U.S. bank rules may be too loose, need re-examinationMarch 30, 2023 | msn.comSignature Bank stock plunged to a few pennies and then soared 288% after trading in the failed bank's stock reopenedMarch 30, 2023 | finance.yahoo.comBanks Warier of Serving Crypto Clients After Blowups, ScrutinyMarch 29, 2023 | msn.comFDIC considering pressing U.S. big banks in paying for bank failures - reportMarch 29, 2023 | finance.yahoo.comUPDATE 2-FDIC hires Newmark Group to sell billions of Signature Bank debt - sourceMarch 29, 2023 | ca.finance.yahoo.comFDIC hires Newmark Group to sell billions of Signature Bank debt - sourceMarch 29, 2023 | americanbankingnews.comSignature Bank (NASDAQ:SBNY) Reaches New 12-Month Low at $61.37March 28, 2023 | msn.comSilicon Valley Bank rated by examiners as not well-managed, Fed's Barr saysMarch 28, 2023 | marketwatch.comINVESTOR ACTION REMINDER: The Schall Law Firm Encourages Investors in Signature Bank with Losses of $100,000 to Contact the FirmMarch 28, 2023 | msn.comOne Of The Best Traders In Congress Sells Shares Of Distressed Regional Bank On Day Of Stock CrashMarch 26, 2023 | msn.com6 big deal reports: First Republic Bank deal proving 'elusive' | Pro RecapSee 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 Payable2/10/2023Today3/31/2023Next 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+98,594.4%Consensus RatingModerate Buy Rating Score (0-4)2.64 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)$20.78 Trailing P/E Ratio0.01 Forward P/E Ratio0.01 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$3.71 billion Price / Sales0.00 Cash Flow$0.07 per share Price / Cash Flow2.54 Book Value$127.33 per share Price / Book0.00Miscellaneous Outstanding Shares62,930,000Free Float61,985,000Market Cap$11.88 million 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 CompetitorsSVB Financial GroupNASDAQ:SIVBGlen Burnie BancorpNASDAQ:GLBZFirst US BancsharesNASDAQ:FUSBBM TechnologiesNYSE:BMTXBank of the James Financial GroupNASDAQ:BOTJView 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 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 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 98,594.4% 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 99.8% and is now trading at $0.1888. View the best growth stocks for 2023 here. Are investors shorting Signature Bank? Signature Bank saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 6,530,000 shares, an increase of 72.3% from the February 28th total of 3,790,000 shares. Based on an average daily volume of 1,480,000 shares, the short-interest ratio is presently 4.4 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) announced its quarterly earnings results on Tuesday, January, 17th. The bank reported $4.65 earnings per share for the quarter, missing the consensus estimate of $4.92 by $0.27. The bank had revenue of $683.90 million for the quarter, compared to analyst estimates 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 given 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 1,483.44%. The ex-dividend date 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), Capital Link Global Fintech Leaders ETF (KOIN), iShares U.S. Regional Banks ETF (IAT), Direxion Daily Regional Banks Bull 3x Shares (DPST), First Trust Financial AlphaDEX Fund (FXO), First Trust Nasdaq Bank ETF (FTXO), Invesco KBW Bank ETF (KBWB) and Innovator Gradient Tactical Rotation Strategy ETF (IGTR). 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 2,153.85%. 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 17.65% 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 many different institutional and retail investors. Top institutional shareholders 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 $0.19. How much money does Signature Bank make? Signature Bank (NASDAQ:SBNY) has a market capitalization of $11.88 million 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 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 3/31/2023 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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