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Sterling Bancorp Stock Forecast, Price & News

+0.03 (+1.00 %)
(As of 09/22/2020 12:00 AM ET)
Today's Range
Now: $3.03
50-Day Range
MA: $3.15
52-Week Range
Now: $3.03
Volume145,081 shs
Average Volume76,798 shs
Market Capitalization$152.12 million
P/E Ratio2.71
Dividend YieldN/A
Sterling Bancorp, Inc. is a unitary thrift holding company. Its wholly owned subsidiary, Sterling Bank and Trust, F.S.B., has primary branch operations in San Francisco and Los Angeles, California and New York City, and a loan production office in Seattle, Washington. Sterling offers a broad range of loan products to the residential and commercial markets, as well as retail and business banking services. Sterling also has an operations center and a branch in Southfield, Michigan. Sterling was named as the top performing community bank in the United States with total assets between $1 billion and $10 billion in 2017 by SNL/S&P Global Market Intelligence.
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Sterling Bancorp logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.8Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.41 out of 5 stars

Industry, Sector and Symbol

Industry Federal savings institutions
Current SymbolNASDAQ:SBT



Sales & Book Value

Annual Sales$186.82 million
Cash Flow$1.28 per share
Book Value$6.32 per share


Net Income$56.95 million


Market Cap$152.12 million
Next Earnings DateN/A
OptionableNot Optionable
+0.03 (+1.00 %)
(As of 09/22/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Sterling Bancorp (NASDAQ:SBT) Frequently Asked Questions

How has Sterling Bancorp's stock been impacted by Coronavirus?

Sterling Bancorp's stock was trading at $4.34 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SBT stock has decreased by 30.2% and is now trading at $3.03.
View which stocks have been most impacted by COVID-19

Do Wall Street analysts recommend investors buy shares of Sterling Bancorp?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sterling Bancorp in the last year. There are currently 1 sell rating and 1 hold rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Sterling Bancorp

How were Sterling Bancorp's earnings last quarter?

Sterling Bancorp (NASDAQ:SBT) posted its quarterly earnings results on Monday, August, 3rd. The company reported $0.07 earnings per share for the quarter, beating the consensus estimate of ($0.17) by $0.24. Sterling Bancorp had a return on equity of 16.55% and a net margin of 30.49%.
View Sterling Bancorp's earnings history

How often does Sterling Bancorp pay dividends? What is the dividend yield for Sterling Bancorp?

Sterling Bancorp announced a quarterly dividend on Wednesday, February 12th. Shareholders of record on Friday, February 21st will be given a dividend of $0.01 per share on Friday, February 28th. This represents a $0.04 dividend on an annualized basis and a yield of 1.32%. The ex-dividend date is Thursday, February 20th.
View Sterling Bancorp's dividend history

What price target have analysts set for SBT?

2 brokerages have issued 12 month target prices for Sterling Bancorp's stock. Their forecasts range from $6.00 to $10.50. On average, they anticipate Sterling Bancorp's share price to reach $8.25 in the next year. This suggests a possible upside of 172.3% from the stock's current price.
View analysts' price targets for Sterling Bancorp

Are investors shorting Sterling Bancorp?

Sterling Bancorp saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 263,200 shares, an increase of 8.9% from the August 15th total of 241,700 shares. Based on an average daily trading volume, of 77,800 shares, the short-interest ratio is presently 3.4 days. Currently, 4.2% of the shares of the stock are sold short.
View Sterling Bancorp's Short Interest

Who are some of Sterling Bancorp's key competitors?

What other stocks do shareholders of Sterling Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sterling Bancorp investors own include DHT (DHT), Golar LNG Partners (GMLP), Gran Tierra Energy (GTE), Hallador Energy (HNRG), Matinas BioPharma (MTNB), OrganiGram (OGI), Pennsylvania R.E.I.T. (PEI), Tilly's (TLYS), ADMA Biologics (ADMA) and BioNano Genomics (BNGO).

Who are Sterling Bancorp's key executives?

Sterling Bancorp's management team includes the following people:
  • Mr. Gary Judd, Chairman & CEO (Age 77)
  • Mr. Thomas Lopp, Pres, CFO, COO, Principal Accounting Officer, VP & Treasurer (Age 54)
  • Mr. Michael Montemayor, Chief Lending Officer and Pres of Commercial & Retail Banking (Age 49)
  • Mr. Scott J. Seligman, VP

When did Sterling Bancorp IPO?

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

What is Sterling Bancorp's stock symbol?

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

Who are Sterling Bancorp's major shareholders?

Sterling Bancorp's stock is owned by many different retail and institutional investors. Top institutional investors include Banc Funds Co. LLC (1.13%), TCW Group Inc. (0.91%), Bank of New York Mellon Corp (0.43%), Denali Advisors LLC (0.39%), Bowling Portfolio Management LLC (0.20%) and Charles Schwab Investment Management Inc. (0.20%).
View institutional ownership trends for Sterling Bancorp

Which institutional investors are selling Sterling Bancorp stock?

SBT stock was sold by a variety of institutional investors in the last quarter, including Banc Funds Co. LLC, First Trust Advisors LP, Bowling Portfolio Management LLC, Nuveen Asset Management LLC, Bank of New York Mellon Corp, Goldman Sachs Group Inc., Bank of America Corp DE, and California Public Employees Retirement System.
View insider buying and selling activity for Sterling Bancorp

Which institutional investors are buying Sterling Bancorp stock?

SBT stock was acquired by a variety of institutional investors in the last quarter, including TCW Group Inc., Denali Advisors LLC, Seizert Capital Partners LLC, Sei Investments Co., WINTON GROUP Ltd, BHZ Capital Management LP, and First Republic Investment Management Inc..
View insider buying and selling activity for Sterling Bancorp

How do I buy shares of 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.

What is Sterling Bancorp's stock price today?

One share of SBT stock can currently be purchased for approximately $3.03.

How big of a company is Sterling Bancorp?

Sterling Bancorp has a market capitalization of $152.12 million and generates $186.82 million in revenue each year.

What is Sterling Bancorp's official website?

The official website for Sterling Bancorp is www.sterlingbank.com.

How can I contact Sterling Bancorp?

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]

This page was last updated on 9/23/2020 by MarketBeat.com Staff

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