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

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

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

Signature Bank (NASDAQ:SBNY) posted its quarterly earnings results on Thursday, July, 19th. The bank reported $2.83 earnings per share for the quarter, beating the consensus estimate of $2.80 by $0.03. The bank had revenue of $326.63 million for the quarter, compared to the consensus estimate of $334 million. Signature Bank had a net margin of 26.76% and a return on equity of 13.84%. During the same quarter last year, the business posted $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 1-year target prices for Signature Bank's stock. Their predictions range from $130.00 to $200.00. On average, they expect Signature Bank's share price to reach $153.6667 in the next year. This suggests a possible upside of 28.2% from the stock's current price. View Analyst Ratings for Signature Bank.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Signature Bank in the last year. There are currently 6 hold ratings and 10 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), Citizens Financial Group (CFG), Fifth Third Bancorp (FITB), SVB Financial Group (SIVB), East West Bancorp (EWBC), Commerce Bancshares (CBSH), Western Alliance Bancorporation (WAL), Bank Of The Ozarks (OZRK), Wintrust Financial (WTFC), Prosperity Bancshares (PB), First Citizens BancShares Inc. Class A (FCNCA) and Associated Banc (ASB).

Headlines about SBNY stock have trended somewhat positive this week, Accern reports. The research group ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Signature Bank earned a news impact score of 0.07 on Accern's scale. They also gave news articles about the bank an impact score of 45.36 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Signature Bank's stock is owned by a number of of institutional and retail investors. Top institutional investors 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 $6.53 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]