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

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

Signature Bank declared an annual dividend on Thursday, July 19th. Stockholders of record on Wednesday, August 1st will be paid 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) announced its quarterly earnings results on Thursday, July, 19th. The bank reported $2.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.80 by $0.03. The bank earned $326.63 million during the quarter, compared to analyst estimates of $334 million. Signature Bank had a return on equity of 13.84% and a net margin of 26.76%. During the same quarter in the prior year, the firm 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.

16 analysts have issued 12-month target prices for Signature Bank's stock. Their forecasts range from $130.00 to $200.00. On average, they anticipate Signature Bank's share price to reach $152.40 in the next twelve months. This suggests a possible upside of 29.7% from the stock's current price. View Analyst Price Targets for Signature Bank.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Signature Bank in the last year. There are currently 5 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Signature Bank.

Signature Bank saw a decrease in short interest during the month of July. As of July 31st, there was short interest totalling 1,246,876 shares, a decrease of 27.7% from the July 13th total of 1,725,291 shares. Based on an average daily volume of 1,038,359 shares, the short-interest ratio is presently 1.2 days. Currently, 2.3% of the shares of the company are sold short. View Signature Bank's Current Options Chain.

Some companies that are related to Signature Bank include 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), First Citizens BancShares Inc. Class A (FCNCA), Bank Of The Ozarks (OZRK), Bank Ozk (OZK), Popular (BPOP), Prosperity Bancshares (PB) and Wintrust Financial (WTFC).

Press coverage about SBNY stock has been trending somewhat positive recently, Accern reports. Accern identifies positive and negative media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Signature Bank earned a coverage optimism score of 0.10 on Accern's scale. They also assigned news stories about the bank an impact score of 46.46 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term. View Recent Headlines for Signature Bank.

Signature Bank's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.14%), Alecta Pensionsforsakring Omsesidigt (4.53%), FMR LLC (3.77%), Parnassus Investments CA (2.31%), Millennium Management LLC (1.53%) and Bank of New York Mellon Corp (1.25%).

SBNY stock was sold by a variety of institutional investors in the last quarter, including Parnassus Investments CA, Handelsbanken Fonder AB, Bank of America Corp DE, OppenheimerFunds Inc., Frontier Capital Management Co. LLC, Northwestern Mutual Wealth Management Co., Tocqueville Asset Management L.P. and Aristotle Capital Boston LLC.

SBNY stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Massachusetts Financial Services Co. MA, Renaissance Technologies LLC, FMR LLC, Fort Washington Investment Advisors Inc. OH, Caisse DE Depot ET Placement DU Quebec, EJF Capital LLC and Point72 Asset Management L.P..

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 $117.54.

Signature Bank has a market capitalization of $6.13 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]