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S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
pixel
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Bangladesh seeks China help to repatriate Rohingya refugees
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
pixel
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Bangladesh seeks China help to repatriate Rohingya refugees
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
pixel
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Bangladesh seeks China help to repatriate Rohingya refugees
NASDAQ:SYBT

Stock Yards Bancorp - SYBT Stock Forecast, Price & News

$68.31
+0.85 (+1.26%)
(As of 08/5/2022 08:49 PM ET)
Add
Compare
Today's Range
$67.45
$68.76
50-Day Range
$56.81
$69.61
52-Week Range
$48.93
$70.30
Volume
36,000 shs
Average Volume
77,362 shs
Market Capitalization
$2.00 billion
P/E Ratio
22.92
Dividend Yield
1.64%
Price Target
$66.00

Stock Yards Bancorp MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
3.4% Downside
$66.00 Price Target
Short Interest
Bearish
3.46% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.53
Upright™ Environmental Score
News Sentiment
0.04mentions of Stock Yards Bancorp in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$1.01 M Sold Last Quarter
Proj. Earnings Growth
0.26%
From $3.83 to $3.84 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.89 out of 5 stars

Finance Sector

847th out of 1,175 stocks

State Commercial Banks Industry

172nd out of 214 stocks

SYBT stock logo

About Stock Yards Bancorp (NASDAQ:SYBT) Stock

Stock Yards Bancorp, Inc. operates as a holding company for Stock Yards Bank & Trust Company that provides various financial services for individuals, corporations, and others in the United States. It operates in two segments, Commercial Banking, and WM&T. The Commercial Banking segment offers mortgage banking and deposit services; retail, commercial, and commercial real estate lending services; and online banking, mobile banking, private banking, leasing, treasury management, merchant, international banking, correspondent banking, and other banking services. This segment also provides securities brokerage services through an arrangement with a third party broker-dealer. The WM&T segment provides investment management, financial and retirement planning, and trust and estate services, as well as retirement plan management for businesses and corporations. The company operates through 73 full service banking center locations in Louisville, central, eastern and northern Kentucky, as well as Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets. Stock Yards Bancorp, Inc. was founded in 1904 and is headquartered in Louisville, Kentucky.

Analyst Ratings Changes

SYBT has been the topic of several recent research reports. Piper Sandler began coverage on shares of Stock Yards Bancorp in a report on Wednesday, July 13th. They issued a "neutral" rating and a $65.00 price objective on the stock. Hovde Group assumed coverage on shares of Stock Yards Bancorp in a report on Wednesday, May 18th. They issued a "market perform" rating on the stock. Finally, StockNews.com lowered Stock Yards Bancorp from a "hold" rating to a "sell" rating in a research note on Friday, July 29th.

Stock Yards Bancorp Price Performance

Shares of NASDAQ:SYBT opened at $68.31 on Monday. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.81 and a quick ratio of 0.80. The firm's 50 day simple moving average is $61.50 and its 200-day simple moving average is $57.16. Stock Yards Bancorp has a 12 month low of $48.93 and a 12 month high of $70.30. The stock has a market capitalization of $2.00 billion, a price-to-earnings ratio of 22.92 and a beta of 0.71.

Stock Yards Bancorp (NASDAQ:SYBT - Get Rating) last posted its earnings results on Wednesday, July 27th. The bank reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.05. Stock Yards Bancorp had a net margin of 29.35% and a return on equity of 14.72%. Analysts expect that Stock Yards Bancorp will post 3.83 EPS for the current year.

Stock Yards Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, July 1st. Investors of record on Monday, June 20th were given a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a dividend yield of 1.64%. The ex-dividend date of this dividend was Thursday, June 16th. Stock Yards Bancorp's payout ratio is 37.58%.

Insider Activity at Stock Yards Bancorp

In other Stock Yards Bancorp news, President Philip Poindexter sold 3,219 shares of Stock Yards Bancorp stock in a transaction on Monday, June 27th. The shares were sold at an average price of $59.18, for a total transaction of $190,500.42. Following the sale, the president now owns 41,040 shares of the company's stock, valued at approximately $2,428,747.20. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other Stock Yards Bancorp news, EVP Kathy C. Thompson sold 2,000 shares of the stock in a transaction dated Wednesday, May 25th. The shares were sold at an average price of $57.18, for a total value of $114,360.00. Following the completion of the sale, the executive vice president now owns 26,925 shares in the company, valued at approximately $1,539,571.50. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, President Philip Poindexter sold 3,219 shares of the business's stock in a transaction that occurred on Monday, June 27th. The stock was sold at an average price of $59.18, for a total value of $190,500.42. Following the transaction, the president now owns 41,040 shares in the company, valued at $2,428,747.20. The disclosure for this sale can be found here. In the last ninety days, insiders sold 16,071 shares of company stock valued at $1,007,436. 4.20% of the stock is owned by insiders.

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SYBT Stock News Headlines

Stock Yards Bancorp Tops Q2 EPS by 6c
Stock Yards Bancorp declares $0.28 dividend
Stock Yards Bancorp, Inc.
Stock Yards Bancorp (SYBT) Beats Q1 Earnings Estimates
Stock Yards Bancorp Reports First Quarter Earnings
Two NKY bank branches to change name following merger
See More Headlines
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SYBT Company Calendar

Ex-Dividend for 7/1 Dividend
6/16/2022
Dividend Payable
7/01/2022
Last Earnings
7/27/2022
Today
8/08/2022
Next Earnings (Estimated)
10/26/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:SYBT
CUSIP
78506010
Employees
997
Year Founded
1904

Price Target and Rating

Average Stock Price Forecast
$66.00
High Stock Price Forecast
$67.00
Low Stock Price Forecast
$65.00
Forecasted Upside/Downside
-3.4%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$74.64 million
Pretax Margin
29.61%

Debt

Sales & Book Value

Annual Sales
$242.93 million
Cash Flow
$4.01 per share
Book Value
$25.42 per share

Miscellaneous

Free Float
27,997,000
Market Cap
$2.00 billion
Optionable
Optionable
Beta
0.71

Social Links


Key Executives

  • Mr. James A. Hillebrand (Age 54)
    CEO & Chairman
    Comp: $1.21M
  • Mr. Philip S. Poindexter (Age 56)
    Pres & Director
    Comp: $779.94k
  • Mr. T. Clay Stinnett (Age 48)
    Exec. VP, Treasurer & CFO
    Comp: $592.16k
  • Mr. William M. Dishman III (Age 59)
    Exec. VP & Chief Risk Officer
    Comp: $512.22k
  • Mr. Michael B. Newton
    Sr. VP & Principal Accounting Officer
  • Mr. C. Craig Bradley Jr.
    Gen. Counsel
  • Mr. Stephen Brown
    Market Pres of Cincinnati/NKY
  • Mr. Michael J. Croce (Age 52)
    Exec. VP & Director of Retail Banking of Stock Yards Bank & Trust Company
  • Mr. Michael V. Rehm (Age 57)
    Exec. VP and Chief Lending Officer of Stock Yards Bank & Trust Company
  • Ms. Paula Moan
    Market Pres of Indianapolis













SYBT Stock - Frequently Asked Questions

Should I buy or sell Stock Yards Bancorp stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Stock Yards Bancorp in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Stock Yards Bancorp stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SYBT, but not buy additional shares or sell existing shares.
View analyst ratings for Stock Yards Bancorp
or view top-rated stocks.

What is Stock Yards Bancorp's stock price forecast for 2022?

3 brokerages have issued 1 year target prices for Stock Yards Bancorp's shares. Their SYBT stock forecasts range from $65.00 to $67.00. On average, they expect Stock Yards Bancorp's stock price to reach $66.00 in the next year. This suggests that the stock has a possible downside of 3.4%.
View analysts' price targets for Stock Yards Bancorp
or view top-rated stocks among Wall Street analysts.

How has Stock Yards Bancorp's stock performed in 2022?

Stock Yards Bancorp's stock was trading at $63.88 at the start of the year. Since then, SYBT shares have increased by 6.9% and is now trading at $68.31.
View the best growth stocks for 2022 here
.

When is Stock Yards Bancorp's next earnings date?

Stock Yards Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our earnings forecast for Stock Yards Bancorp
.

How were Stock Yards Bancorp's earnings last quarter?

Stock Yards Bancorp, Inc. (NASDAQ:SYBT) announced its earnings results on Wednesday, July, 27th. The bank reported $0.91 EPS for the quarter, topping the consensus estimate of $0.86 by $0.05. Stock Yards Bancorp had a trailing twelve-month return on equity of 14.72% and a net margin of 29.35%.

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

Stock Yards Bancorp declared a quarterly dividend on Wednesday, May 18th. Investors of record on Monday, June 20th will be given a dividend of $0.28 per share on Friday, July 1st. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.64%. The ex-dividend date is Thursday, June 16th.
View Stock Yards Bancorp's dividend history
.

Is Stock Yards Bancorp a good dividend stock?

Stock Yards Bancorp(NASDAQ:SYBT) pays an annual dividend of $1.12 per share and currently has a dividend yield of 1.64%. Stock Yards Bancorp has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Stock Yards Bancorp is 37.58%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Stock Yards Bancorp will have a dividend payout ratio of 29.17% next year. This indicates that Stock Yards Bancorp will be able to sustain or increase its dividend.
View Stock Yards Bancorp's dividend history.

When did Stock Yards Bancorp's stock split? How did Stock Yards Bancorp's stock split work?

Shares of Stock Yards Bancorp split on the morning of Monday, May 30th 2016. The 3-2 split was announced on Monday, May 2nd 2016. The newly minted shares were issued to shareholders after the closing bell on Friday, May 27th 2016. An investor that had 100 shares of Stock Yards Bancorp stock prior to the split would have 150 shares after the split.

What is David P. Heintzman's approval rating as Stock Yards Bancorp's CEO?

22 employees have rated Stock Yards Bancorp CEO David P. Heintzman on Glassdoor.com. David P. Heintzman has an approval rating of 76% among Stock Yards Bancorp's employees.

What other stocks do shareholders of Stock Yards Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Stock Yards Bancorp investors own include Invesco QQQ Trust (QQQ), SEA (SE), PayPal (PYPL), AT&T (T), Wells Fargo & Company (WFC), Dominion Energy (D), Mastercard (MA), 3M (MMM), Pfizer (PFE) and Verizon Communications (VZ).

What is Stock Yards Bancorp's stock symbol?

Stock Yards Bancorp trades on the NASDAQ under the ticker symbol "SYBT."

Who are Stock Yards Bancorp's major shareholders?

Stock Yards Bancorp's stock is owned by many different institutional and retail investors. Top institutional investors include Monarch Partners Asset Management LLC (0.25%), Cox Capital Mgt LLC (0.22%), Aptus Capital Advisors LLC (0.16%), Hamilton Point Investment Advisors LLC (0.14%), Wedge Capital Management L L P NC (0.10%) and Cardinal Strategic Wealth Guidance (0.08%). Company insiders that own Stock Yards Bancorp stock include Carl G Herde, David P Heintzman, David P Heintzman, Donna L Heitzman, Donna L Heitzman, James A Hillebrand, Kathy C Thompson, Kathy C Thompson, Michael Croce, Michael Rehm, Norman Tasman, Paul J Bickel III, Philip Poindexter, Richard A Lechleiter, Stephen M Priebe and William Dishman.
View institutional ownership trends for Stock Yards Bancorp
.

How do I buy shares of Stock Yards Bancorp?

Shares of SYBT 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.

What is Stock Yards Bancorp's stock price today?

One share of SYBT stock can currently be purchased for approximately $68.31.

How much money does Stock Yards Bancorp make?

Stock Yards Bancorp (NASDAQ:SYBT) has a market capitalization of $2.00 billion and generates $242.93 million in revenue each year. The bank earns $74.64 million in net income (profit) each year or $2.98 on an earnings per share basis.

How many employees does Stock Yards Bancorp have?

Stock Yards Bancorp employs 997 workers across the globe.

When was Stock Yards Bancorp founded?

Stock Yards Bancorp was founded in 1904.

How can I contact Stock Yards Bancorp?

Stock Yards Bancorp's mailing address is 1040 EAST MAIN STREET, LOUISVILLE KY, 40206. The official website for Stock Yards Bancorp is www.syb.com. The bank can be reached via phone at (502) 582-2571, via email at onlinecustomerservice@syb.com, or via fax at 502-625-2295.

This page (NASDAQ:SYBT) was last updated on 8/8/2022 by MarketBeat.com Staff

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