NASDAQ:SBNY - Signature Bank Stock Price, Price Target & More

Signature Bank trades on the NASDAQ under the ticker symbol "SBNY."

Signature Bank declared an annual dividend on Thursday, July 19th. Investors of record on Wednesday, August 1st will be given a dividend of $0.56 per share on Wednesday, August 15th. This represents a dividend yield of 0.47%. The ex-dividend date is Tuesday, July 31st. View Signature Bank's Dividend History.

Signature Bank (NASDAQ:SBNY) released its quarterly earnings results on Thursday, July, 19th. The bank reported $2.83 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $2.80 by $0.03. The bank had revenue of $326.63 million for the quarter, compared to analyst estimates of $334 million. Signature Bank had a return on equity of 13.29% and a net margin of 18.57%. During the same quarter in the prior year, the company earned $2.21 EPS. View Signature Bank's Earnings History.

Signature Bank is scheduled to release their next quarterly earnings announcement on Thursday, October, 18th 2018. View Earnings Estimates for Signature Bank.

17 Wall Street analysts have issued 1 year price objectives for Signature Bank's shares. Their forecasts range from $130.00 to $200.00. On average, they anticipate Signature Bank's share price to reach $154.1875 in the next twelve months. This suggests a possible upside of 28.6% from the stock's current price. View Analyst Ratings for Signature Bank.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Signature Bank in the last year. There are currently 6 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Signature Bank include M&T Bank (MTB), Deutsche Bank (DB), Northern Trust (NTRS), BANCO BRADESCO/S (BBDO), Fifth Third Bancorp (FITB), Citizens Financial Group (CFG), SVB Financial Group (SIVB), East West Bancorp (EWBC), Commerce Bancshares (CBSH), Western Alliance Bancorporation (WAL), Bank Of The Ozarks (OZRK), Wintrust Financial (WTFC), First Citizens BancShares Inc. Class A (FCNCA), Associated Banc (ASB) and Prosperity Bancshares (PB).

Press coverage about SBNY stock has trended somewhat positive this week, Accern reports. The research firm scores the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Signature Bank earned a news sentiment score of 0.16 on Accern's scale. They also assigned media headlines about the bank an impact score of 46.25 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

Signature Bank's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Alecta Pensionsforsakring Omsesidigt (4.53%), Handelsbanken Fonder AB (0.59%), Fred Alger Management Inc. (0.39%), Retirement Systems of Alabama (0.27%), Peregrine Capital Management LLC (0.13%) and Bank of Montreal Can (0.07%). View Institutional Ownership Trends for Signature Bank.

SBNY stock was sold by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB, Bank of Montreal Can, Municipal Employees Retirement System of Michigan, Tokio Marine Asset Management Co. Ltd., Peregrine Capital Management LLC and Fjarde AP Fonden Fourth Swedish National Pension Fund. View Insider Buying and Selling for Signature Bank.

SBNY stock was acquired by a variety of institutional investors in the last quarter, including Alecta Pensionsforsakring Omsesidigt, Fred Alger Management Inc., Assenagon Asset Management S.A., Whittier Trust Co., Retirement Systems of Alabama, Oakbrook Investments LLC, Tandem Investment Advisors Inc. and State of Alaska Department of Revenue. View Insider Buying and Selling for Signature Bank.

Shares of SBNY 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 SBNY stock can currently be purchased for approximately $119.87.

Signature Bank has a market capitalization of $6.89 billion and generates $1.51 billion in revenue each year. The bank earns $387.20 million in net income (profit) each year or $8.91 on an earnings per share basis. Signature Bank employs 1,305 workers across the globe.

Signature Bank's mailing address is 565 Fifth Avenue, New York NY, 10017. The bank can be reached via phone at 646-822-1500 or via email at [email protected]