S&T Bancorp - STBA Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for S&T Bancorp in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" STBA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in STBA, but not buy additional shares or sell existing shares.
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3 brokerages have issued 12 month target prices for S&T Bancorp's stock. Their STBA share price forecasts range from $32.00 to $32.00. On average, they predict the company's share price to reach $32.00 in the next twelve months. This suggests that the stock has a possible downside of 15.0%.
View analysts price targets for STBA or view top-rated stocks among Wall Street analysts.

S&T Bancorp's stock was trading at $34.18 at the start of the year. Since then, STBA stock has increased by 10.1% and is now trading at $37.63.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 20th 2023.
View our STBA earnings forecast.

S&T Bancorp, Inc. (NASDAQ:STBA) posted its quarterly earnings data on Wednesday, October, 20th. The financial services provider reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.07. The financial services provider earned $84.56 million during the quarter, compared to analyst estimates of $82.58 million. S&T Bancorp had a trailing twelve-month return on equity of 11.53% and a net margin of 33.96%. During the same period in the prior year, the company posted $0.43 EPS.

S&T Bancorp announced a quarterly dividend on Wednesday, January 25th. Investors of record on Friday, February 10th will be paid a dividend of $0.32 per share on Thursday, February 23rd. This represents a $1.28 dividend on an annualized basis and a yield of 3.40%. The ex-dividend date of this dividend is Thursday, February 9th. This is a positive change from the stock's previous quarterly dividend of $0.31.
Read our dividend analysis for STBA.

S&T Bancorp (NASDAQ:STBA) pays an annual dividend of $1.24 per share and currently has a dividend yield of 3.37%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 35.73%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, STBA will have a dividend payout ratio of 34.16% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for STBA.

8 employees have rated S&T Bancorp Chief Executive Officer Todd D. Brice on Glassdoor.com. Todd D. Brice has an approval rating of 89% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other S&T Bancorp investors own include Wells Fargo & Company (WFC), JPMorgan Chase & Co. (JPM), AT&T (T), Verizon Communications (VZ), Ford Motor (F), KeyCorp (KEY), Ventas (VTR), Bank of America (BAC), Huntington Bancshares (HBAN) and Harley-Davidson (HOG).

S&T Bancorp trades on the NASDAQ under the ticker symbol "STBA."

S&T Bancorp's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.19%), State of New Jersey Common Pension Fund D (0.12%), Sageworth Trust Co (0.09%), New York State Common Retirement Fund (0.07%), Yousif Capital Management LLC (0.06%) and Comerica Bank (0.06%). Insiders that own company stock include Christina Anne Cassotis, David G Antolik, James Thomas Gibson, Jeffrey D Grube, Jerry Delmar Hostetter, Peter Richard Barsz and William J Hieb.
View institutional ownership trends.

Shares of STBA 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.
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One share of STBA stock can currently be purchased for approximately $37.63.

S&T Bancorp (NASDAQ:STBA) has a market capitalization of $1.47 billion and generates $399.01 million in revenue each year. The financial services provider earns $135.52 million in net income (profit) each year or $3.47 on an earnings per share basis.

The company employs 1,160 workers across the globe.

S&T Bancorp's mailing address is 800 PHILADELPHIA STREET, INDIANA PA, 15701. The official website for the company is www.stbancorp.com. The financial services provider can be reached via phone at (724) 465-4457, via email at mark.kochvar@stbank.com, or via fax at 724-465-1417.