Stock Yards Bancorp Stock Price, News & Analysis (NASDAQ:SYBT)

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Stock Yards Bancorp in the last twelve months. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" SYBT shares.
View SYBT analyst ratings or view top-rated stocks.

3 Wall Street analysts have issued twelve-month target prices for Stock Yards Bancorp's stock. Their SYBT share price targets range from $44.00 to $73.00. On average, they expect the company's stock price to reach $60.67 in the next year. This suggests a possible upside of 25.2% from the stock's current price.
View analysts price targets for SYBT or view top-rated stocks among Wall Street analysts.

Stock Yards Bancorp's stock was trading at $64.98 at the start of the year. Since then, SYBT stock has decreased by 25.4% and is now trading at $48.47.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 24th 2024.
View our SYBT earnings forecast.

Stock Yards Bancorp, Inc. (NASDAQ:SYBT) announced its quarterly earnings results on Wednesday, October, 25th. The bank reported $0.92 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.91 by $0.01. The bank had revenue of $84.33 million for the quarter, compared to the consensus estimate of $83.70 million. Stock Yards Bancorp had a net margin of 27.20% and a trailing twelve-month return on equity of 14.30%.

Stock Yards Bancorp declared a quarterly dividend on Tuesday, November 21st. Investors of record on Monday, December 18th will be paid a dividend of $0.30 per share on Friday, December 29th. This represents a $1.20 annualized dividend and a dividend yield of 2.48%. The ex-dividend date of this dividend is Friday, December 15th.
Read our dividend analysis for SYBT.

Stock Yards Bancorp (NASDAQ:SYBT) pays an annual dividend of $1.20 per share and currently has a dividend yield of 2.48%. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 31.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SYBT will have a dividend payout ratio of 36.70% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SYBT.

ETFs with the largest weight of Stock Yards Bancorp (NASDAQ:SYBT) stock in their portfolio include Opus Small Cap Value Plus ETF (OSCV).First Trust NASDAQ ABA Community Bank Index Fund (QABA).

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

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Stock Yards Bancorp investors own include Invesco QQQ (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).

Stock Yards Bancorp's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Kayne Anderson Rudnick Investment Management LLC (4.67%), Northern Trust Corp (0.92%), The Manufacturers Life Insurance Company (0.90%), Ameriprise Financial Inc. (0.82%), Charles Schwab Investment Management Inc. (0.71%) and Bank of New York Mellon Corp (0.56%). Insiders that own company stock include Allison Donovan, Carl G Herde, David P Heintzman, David P Heintzman, Donna L Heitzman, Donna L Heitzman, James A Hillebrand, John Schutte, Kathy C Thompson, Michael Croce, Michael Rehm, Norman Tasman, Philip Poindexter, Richard A Lechleiter, Shannon Bishop Arvin, Stephen M Priebe and William Dishman.
View institutional ownership trends.

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.