NASDAQ:SBNY - Signature Bank Stock Price, Forecast & News

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

Signature Bank declared a quarterly dividend on Thursday, October 17th. Stockholders of record on Friday, November 1st will be given a dividend of $0.56 per share on Friday, November 15th. This represents a $2.24 annualized dividend and a dividend yield of 1.52%. The ex-dividend date is Thursday, October 31st. View Signature Bank's Dividend History.

Signature Bank (NASDAQ:SBNY) announced its earnings results on Tuesday, January, 21st. The bank reported $2.78 EPS for the quarter, beating the consensus estimate of $2.69 by $0.09. Signature Bank had a net margin of 31.37% and a return on equity of 13.09%. During the same quarter last year, the firm earned $2.94 EPS. View Signature Bank's Earnings History.

Signature Bank is scheduled to release their next quarterly earnings announcement on Tuesday, January 21st 2020. View Earnings Estimates for Signature Bank.

9 Wall Street analysts have issued 1 year price objectives for Signature Bank's stock. Their forecasts range from $128.00 to $150.00. On average, they expect Signature Bank's stock price to reach $139.13 in the next year. This suggests that the stock has a possible downside of 5.7%. View Analyst Price Targets for Signature Bank.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Signature Bank in the last year. There are currently 3 hold ratings, 5 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Signature Bank.

Media coverage about SBNY stock has trended somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Signature Bank earned a news impact score of 2.0 on InfoTrie's scale. They also gave headlines about the bank a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Signature Bank.

Signature Bank saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 1,520,000 shares, an increase of 10.9% from the December 15th total of 1,370,000 shares. Based on an average daily volume of 343,600 shares, the short-interest ratio is presently 4.4 days. Currently, 2.8% of the shares of the stock are short sold. View Signature Bank's Current Options Chain.

Some companies that are related to Signature Bank include PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), First Republic Bank (FRC), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Commerce Bancshares (CBSH), TCF Financial (TCF), East West Bancorp (EWBC) and BOK Financial (BOKF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Signature Bank investors own include NVIDIA (NVDA), Visa (V), Alibaba Group (BABA), Wells Fargo & Co (WFC), Walt Disney (DIS), Broadcom (AVGO), Netflix (NFLX), Gilead Sciences (GILD), Skyworks Solutions (SWKS) and salesforce.com (CRM).

Signature Bank's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Wedge Capital Management L L P NC (1.29%), Tandem Investment Advisors Inc. (0.31%), Boston Trust Walden Corp (0.27%), Assenagon Asset Management S.A. (0.22%), Gateway Investment Advisers LLC (0.06%) and Nisa Investment Advisors LLC (0.04%).

SBNY stock was sold by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Boenning & Scattergood Inc., Nisa Investment Advisors LLC, Gateway Investment Advisers LLC, State of Alaska Department of Revenue, IFM Investors Pty Ltd and Louisiana State Employees Retirement System.

SBNY stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Boston Trust Walden Corp, Tandem Investment Advisors Inc., Tocqueville Asset Management L.P., Ingalls & Snyder LLC, AE Wealth Management LLC and 6 Meridian.

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, Robinhood, Fidelity and Charles Schwab.

One share of SBNY stock can currently be purchased for approximately $147.50.

Signature Bank has a market capitalization of $8.00 billion and generates $1.73 billion in revenue each year. The bank earns $505.34 million in net income (profit) each year or $11.28 on an earnings per share basis. Signature Bank employs 1,393 workers across the globe.View Additional Information About Signature Bank.

The official website for Signature Bank is http://www.signatureny.com/.

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]