Stock Yards Bancorp (SYBT) Stock Forecast, Price & News

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 brokers have issued 1-year price objectives for Stock Yards Bancorp's stock. Their SYBT share price forecasts range from $65.00 to $76.00. On average, they predict the company's share price to reach $71.33 in the next twelve months. This suggests a possible upside of 75.1% 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 on January 1st, 2023. Since then, SYBT stock has decreased by 37.3% and is now trading at $40.73.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our SYBT earnings forecast.

Stock Yards Bancorp, Inc. (NASDAQ:SYBT) issued its quarterly earnings data on Wednesday, July, 26th. The bank reported $0.94 earnings per share for the quarter, missing the consensus estimate of $0.96 by $0.02. The bank had revenue of $84.16 million for the quarter, compared to analysts' expectations of $85.27 million. Stock Yards Bancorp had a net margin of 28.87% and a trailing twelve-month return on equity of 14.82%.

Stock Yards Bancorp announced a quarterly dividend on Tuesday, August 15th. Investors of record on Monday, September 18th will be paid a dividend of $0.30 per share on Monday, October 2nd. This represents a $1.20 dividend on an annualized basis and a yield of 2.95%. The ex-dividend date of this dividend is Friday, September 15th. This is an increase from the stock's previous quarterly dividend of $0.29.
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 (NASDAQ:SYBT) pays an annual dividend of $1.20 per share and currently has a dividend yield of 2.86%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 30.69%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SYBT will have a dividend payout ratio of 34.88% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SYBT.

Stock Yards Bancorp's stock split on Monday, May 30th 2016. The 3-2 split was announced on Monday, May 2nd 2016. The newly created shares were payable 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 trades on the NASDAQ under the ticker symbol "SYBT."

Stock Yards Bancorp's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.84%), Kayne Anderson Rudnick Investment Management LLC (4.94%), Stock Yards Bank & Trust Co. (4.18%), Champlain Investment Partners LLC (2.91%), Dimensional Fund Advisors LP (2.73%) and State Street Corp (2.60%). Insiders that own company stock include 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.
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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.
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One share of SYBT stock can currently be purchased for approximately $40.73.

Stock Yards Bancorp (NASDAQ:SYBT) has a market capitalization of $1.19 billion and generates $340.80 million in revenue each year. The bank earns $92.97 million in net income (profit) each year or $3.91 on an earnings per share basis.

The company employs 1,040 workers across the globe.

Stock Yards Bancorp's mailing address is 1040 EAST MAIN STREET, LOUISVILLE KY, 40206. The official website for the company 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.