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.
View STBA analyst ratings or view top-rated stocks.

3 brokers have issued 1 year price targets for S&T Bancorp's stock. Their STBA share price forecasts range from $32.00 to $32.00. On average, they expect the company's stock price to reach $32.00 in the next year. This suggests that the stock has a possible downside of 10.3%.
View analysts price targets for STBA or view top-rated stocks among Wall Street analysts.

S&T Bancorp's stock was trading at $31.52 at the start of the year. Since then, STBA shares have increased by 13.1% and is now trading at $35.66.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, January 26th 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, topping the consensus estimate of $0.63 by $0.07. The financial services provider had revenue of $84.56 million for the quarter, compared to analyst estimates of $82.58 million. S&T Bancorp had a net margin of 32.04% and a trailing twelve-month return on equity of 9.97%. During the same period last year, the business posted $0.43 earnings per share.

S&T Bancorp declared a quarterly dividend on Monday, October 17th. Shareholders of record on Thursday, November 3rd will be given a dividend of $0.31 per share on Thursday, November 17th. This represents a $1.24 dividend on an annualized basis and a yield of 3.48%. The ex-dividend date of this dividend is Wednesday, November 2nd. This is a boost from the stock's previous quarterly dividend of $0.30.
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 3.39%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 41.20%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, STBA will have a dividend payout ratio of 37.58% 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 number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.74%), Vanguard Group Inc. (11.54%), Dimensional Fund Advisors LP (5.38%), State Street Corp (4.15%), Bank of New York Mellon Corp (1.36%) and Victory Capital Management Inc. (1.04%). 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.
Compare Top Brokerages Here.

One share of STBA stock can currently be purchased for approximately $35.66.

S&T Bancorp (NASDAQ:STBA) has a market capitalization of $1.39 billion and generates $353.87 million in revenue each year. The financial services provider earns $110.34 million in net income (profit) each year or $3.01 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.