Sterling Bancorp Stock Price, News & Analysis (NASDAQ:SBT)

Sterling Bancorp trades on the NASDAQ under the ticker symbol "SBT."

Sterling Bancorp announced a quarterly dividend on Friday, July 19th. Investors of record on Friday, August 23rd will be given a dividend of $0.01 per share on Friday, August 30th. This represents a $0.04 annualized dividend and a dividend yield of 0.40%. The ex-dividend date of this dividend is Thursday, August 22nd. View Sterling Bancorp's Dividend History.

Sterling Bancorp (NASDAQ:SBT) issued its earnings results on Monday, July, 29th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.27 by $0.01. The business earned $32.78 million during the quarter, compared to analysts' expectations of $34.20 million. Sterling Bancorp had a return on equity of 18.23% and a net margin of 32.19%. View Sterling Bancorp's Earnings History.

Sterling Bancorp is scheduled to release their next quarterly earnings announcement on Monday, October 28th 2019. View Earnings Estimates for Sterling Bancorp.

Sterling Bancorp will be holding an earnings conference call on Monday, October 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

2 brokers have issued 12 month price targets for Sterling Bancorp's stock. Their forecasts range from $13.00 to $14.00. On average, they anticipate Sterling Bancorp's stock price to reach $13.50 in the next twelve months. This suggests a possible upside of 36.2% from the stock's current price. View Analyst Price Targets for Sterling Bancorp.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sterling Bancorp in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Sterling Bancorp.

Media stories about SBT stock have trended negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Sterling Bancorp earned a news impact score of -2.6 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Sterling Bancorp.

Some companies that are related to Sterling Bancorp include Capitol Federal Financial (CFFN), Columbia Financial (CLBK), Axos Financial (AX), Provident Financial Services (PFS), Meta Financial Group (CASH), OceanFirst Financial (OCFC), Brookline Bancorp (BRKL), Kearny Financial (KRNY), Northfield Bancorp (NFBK), Dime Community Bancshares (DCOM), First Defiance Financial (FDEF), Waterstone Financial (WSBF), Hometrust Bancshares (HTBI), BBX Capital (BBXTB) and NASB Financial (NASB).

Based on aggregate information from My MarketBeat watchlists, some companies that other Sterling Bancorp investors own include AGNC Investment (AGNC), Immunomedics (IMMU), JetBlue Airways (JBLU), News (NWSA), Rigel Pharmaceuticals (RIGL), SLM (SLM), CNX Resources (CNX), Centurylink (CTL), InVitae (NVTA) and New York Community Bancorp (NYCB).

(SBT) raised $130 million in an initial public offering on Friday, November 17th 2017. The company issued 10,000,000 shares at $12.00-$14.00 per share. Sandler O'Neill & Partners acted as the underwriter for the IPO.

Sterling Bancorp's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Denali Advisors LLC (0.21%). Company insiders that own Sterling Bancorp stock include Gary S Judd, J Seligman 1993 Long Te Scott, KISS Dynasty Trust No 5, Lyle M Wolberg, Michael A Montemayor, Seth S Meltzer and Thomas W Jr Lopp. View Institutional Ownership Trends for Sterling Bancorp.

SBT stock was bought by a variety of institutional investors in the last quarter, including Denali Advisors LLC. Company insiders that have bought Sterling Bancorp stock in the last two years include Gary S Judd, Lyle M Wolberg, Michael A Montemayor, Seth S Meltzer and Thomas W Jr Lopp. View Insider Buying and Selling for Sterling Bancorp.

Shares of SBT 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 SBT stock can currently be purchased for approximately $9.91.

Sterling Bancorp has a market capitalization of $500.65 million and generates $183.81 million in revenue each year. The company earns $63.47 million in net income (profit) each year or $1.20 on an earnings per share basis. View Additional Information About Sterling Bancorp.

The official website for Sterling Bancorp is http://www.sterlingbank.com/.

Sterling Bancorp's mailing address is ONE TOWNE SQUARE SUITE 1900, SOUTHFIELD MI, 48076. The company can be reached via phone at 248-355-2400 or via email at [email protected]