NASDAQ:SBNY Signature Bank (SBNY) Stock Forecast, Price & News $0.12 -0.01 (-5.05%) (As of 02:09 PM ET) Add Compare Share Share Today's Range$0.12▼$0.1550-Day Range$0.07▼$70.0052-Week Range$0.05▼$226.59Volume1.05 million shsAverage Volume5.47 million shsMarket Capitalization$7.80 millionP/E Ratio0.01Dividend Yield2,258.06%Price Target$186.29 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Signature Bank MarketRank™ ForecastAnalyst RatingModerate Buy2.62 Rating ScoreUpside/Downside131,128.1% Upside$174.53 Price TargetShort InterestN/ADividend StrengthStrongBased on Four FactorsSustainability-0.18Upright™ Environmental ScoreNews Sentiment0.13Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth4.41%From $14.07 to $14.69 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.2.63 out of 5 stars 3.3 Analyst's Opinion Consensus RatingSignature Bank has received a consensus rating of Buy. The company's average rating score is 2.62, and is based on 8 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $174.53, Signature Bank has a forecasted upside of 131,128.1% from its current price of $0.13.Amount of Analyst CoverageSignature Bank has only been the subject of 1 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for SBNY. Previous Next 3.3 Dividend Strength Dividend LeadershipSignature Bank is a leading dividend payer. It pays a dividend yield of 2,143.95%, 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 19.06% 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 1.2 News and Social Media Coverage News SentimentSignature Bank has a news sentiment score of 0.13. 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 0.68 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Signature Bank this week, compared to 7 articles on an average week.Search InterestOnly 16 people have searched for SBNY on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat FollowsOnly 16 people have added Signature Bank to their MarketBeat watchlist in the last 30 days. This is a decrease of -52% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Signature Bank are expected to grow by 4.41% in the coming year, from $14.07 to $14.69 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 127.72.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 155.81.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 HeadlinesMay 29, 2023 | americanbankingnews.comSignature Bank (SBNY) Set to Announce Earnings on TuesdayMay 29, 2023 | americanbankingnews.comSignature Bank (SBNY) to Release Quarterly Earnings on TuesdayMay 30, 2023 | Edge On The Street (Ad)The Graphite Shortage Story You're Not Being ToldGraphite demand for EV batteries is expected to increase 10X from 2020 to 2030. And today, with NO graphite-producing mines in N. America, China has a stranglehold on our graphite supply. That's why the U.S. government is spending billions of dollars to ensure an adequate domestic supply of this metal that's vital for energy independence and national security. May 23, 2023 | bizjournals.comFlagstar Bank assumes Signature Bank lease at 1400 BroadwayMay 23, 2023 | americanbankingnews.comSignature Bank (NASDAQ:SBNY) Now Covered by Analysts at StockNews.comMay 20, 2023 | americanbankingnews.comSignature Bank (NASDAQ:SBNY) Given Average Rating of "Moderate Buy" by BrokeragesMay 18, 2023 | finance.yahoo.comSVB, Signature Bank: 'I'm confident we will have more' bank failures, former FDIC chair saysMay 18, 2023 | finance.yahoo.comSheila Bair discusses bank exec testimonies, banking shorts, Fed rate hikes, debt ceiling talksMay 30, 2023 | Edge On The Street (Ad)The Graphite Shortage Story You're Not Being ToldGraphite demand for EV batteries is expected to increase 10X from 2020 to 2030. And today, with NO graphite-producing mines in N. America, China has a stranglehold on our graphite supply. That's why the U.S. government is spending billions of dollars to ensure an adequate domestic supply of this metal that's vital for energy independence and national security. May 16, 2023 | finance.yahoo.comCongress Blames Bank Failures on Overregulation. The Fed Is Stepping Up Oversight.May 16, 2023 | finance.yahoo.comSenator Warren on Former SVB CEO: ‘There needs to be a full investigation of insider trading’May 16, 2023 | wsj.comFormer SVB, Signature Bank Executives Face Senate PanelMay 16, 2023 | markets.businessinsider.comFailed US Bank CEOs Claim To US Senate Committee That Banks Were Highly Liquid, Risk Management Was In PlaceMay 16, 2023 | finance.yahoo.comNew York Fed economists explain why SVB and Signature Bank suddenly turned into rural 1930s banks without deposit insuranceMay 16, 2023 | finance.yahoo.comBerkshire Hathaway invests $954 million in Capital One as bank executives testify before CongressMay 16, 2023 | finance.yahoo.comSVB, Signature Bank execs should be exposed for mismanagement in Congress testimonies: Sen. ReedMay 16, 2023 | finance.yahoo.comSVB, Signature Bank failures have 'a common thread' of political counter-narratives: ReporterMay 16, 2023 | finance.yahoo.comEx-SVB, Signature Bank Execs Grilled by Senate PanelMay 16, 2023 | finance.yahoo.comSenators Blame SVB, Signature Management for Banks’ FailuresMay 15, 2023 | nasdaq.comExecs to Testify This Week on SVB and Signature Bank CollapsesMay 15, 2023 | finance.yahoo.comConsumer debt, Microsoft-Activision deal, SVB testimony: What to watch this weekMay 15, 2023 | americanbankingnews.comSignature Bank (NASDAQ:SBNY) Coverage Initiated by Analysts at StockNews.comMay 12, 2023 | finance.yahoo.comStop Equating the Latest Bank Failures to the 2008 CrisisMay 11, 2023 | finance.yahoo.comBanks Are About to Get Hit With Nasty Fees For a ChangeMay 11, 2023 | finance.yahoo.comFDIC to hit biggest US banks with $16bn bill for SVB clean-upMay 10, 2023 | finance.yahoo.comWarren Buffett Said There Would Be Other Bank Failures. Is Western Alliance Safe?May 10, 2023 | finance.yahoo.comPrivate-credit firms see opportunity as banks tighten lendingSee 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 Earnings10/18/2021Today5/30/2023Next Earnings (Estimated)7/17/2023Fiscal 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$174.53 High Stock Price Forecast$288.00 Low Stock Price Forecast$10.00 Forecasted Upside/Downside+139,964.4%Consensus RatingModerate Buy Rating Score (0-4)2.62 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$20.78 Trailing P/E Ratio0.01 Forward P/E Ratio0.01 P/E GrowthN/ANet 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 FlowN/A Price / Cash FlowN/A Book Value$127.33 per share Price / Book0.00Miscellaneous Outstanding Shares62,930,000Free Float61,985,000Market Cap$8.37 million OptionableOptionable Beta1.49 Social Links Key ExecutivesEric R. HowellPresident, Chief Operating Officer & DirectorStephen WyremskiChief Financial Officer & Senior Vice PresidentMichael SharkeyChief Technology Officer & Senior Vice PresidentThomas KasulkaChief Lending Officer & Executive Vice PresidentVito SuscaChief Administrative Officer & Executive VPKey CompetitorsSVB Financial GroupNASDAQ:SIVBGlen Burnie BancorpNASDAQ:GLBZSVB Financial GroupNASDAQ:SIVBQBM TechnologiesNYSE:BMTXHallmark Financial ServicesNASDAQ:HALLView All CompetitorsInstitutional OwnershipJane Street Group LLCSold 21,000 shares on 5/16/2023Ownership: 0.000%Balyasny Asset Management L.P.Sold 51,500 shares on 5/16/2023Ownership: 0.000%Susquehanna International Group LLPSold 158,600 shares on 5/16/2023Ownership: 0.000%Two Sigma Securities LLCSold 7,400 shares on 5/15/2023Ownership: 0.000%Cubist Systematic Strategies LLCSold 15,200 shares on 5/15/2023Ownership: 0.000%View All Institutional Transactions SBNY Stock - Frequently Asked Questions Should I buy or sell Signature Bank stock right now? 13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Signature Bank in the last year. There are currently 5 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities 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? 13 equities research analysts have issued 1 year price objectives for Signature Bank's stock. Their SBNY share price forecasts range from $10.00 to $288.00. On average, they expect the company's stock price to reach $174.53 in the next twelve months. This suggests a possible upside of 131,128.1% 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 shares have decreased by 99.9% and is now trading at $0.1330. View the best growth stocks for 2023 here. When is Signature Bank's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, July 17th 2023. View our SBNY earnings forecast. How were Signature Bank's earnings last quarter? Signature Bank (NASDAQ:SBNY) announced its earnings results on Monday, October, 18th. The bank reported $3.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.72 by $0.16. The bank earned $512.24 million during the quarter, compared to the consensus estimate of $513.34 million. Signature Bank had a trailing twelve-month return on equity of 16.76% and a net margin of 36.03%. During the same quarter in the prior year, the firm posted $2.62 EPS. How often does Signature Bank pay dividends? What is the dividend yield for Signature Bank? Signature Bank announced 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 2,105.26%. The ex-dividend date is Thursday, January 26th. This is a positive change 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 Vanguard Small-Cap Value ETF (VBR), Arrow Reverse Cap 500 ETF (YPS), Vanguard Small-Cap ETF (VB), Inspire 100 ETF (BIBL), Siren Nasdaq NexGen Economy ETF (BLCN), SoFi Web 3 ETF (TWEB). 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 2,143.95%. 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 19.06% 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 retail and institutional investors. Top institutional shareholders include Cubist Systematic Strategies LLC (0.00%), Nomura Holdings Inc. (0.00%), Two Sigma Securities LLC (0.00%), Group One Trading L.P. (0.00%), PEAK6 Investments LLC (0.00%) and UBS Group AG (0.00%). 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 $0.13. How much money does Signature Bank make? Signature Bank (NASDAQ:SBNY) has a market capitalization of $8.37 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. 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