NASDAQ:SYBTStock Yards Bancorp Stock Price, Forecast & News

Stock Yards Bancorp's stock was trading at $29.33 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SYBT stock has increased by 21.5% and is now trading at $35.65. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Stock Yards Bancorp in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Stock Yards Bancorp.

Stock Yards Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Stock Yards Bancorp.

Stock Yards Bancorp Inc (NASDAQ:SYBT) posted its quarterly earnings results on Wednesday, April, 22nd. The bank reported $0.59 earnings per share for the quarter, beating analysts' consensus estimates of $0.54 by $0.05. The bank had revenue of $44.98 million for the quarter, compared to the consensus estimate of $44.10 million. Stock Yards Bancorp had a return on equity of 15.90% and a net margin of 31.69%. View Stock Yards Bancorp's earnings history.

Stock Yards Bancorp declared a quarterly dividend on Wednesday, May 20th. Shareholders of record on Monday, June 15th will be given a dividend of $0.27 per share on Wednesday, July 1st. This represents a $1.08 dividend on an annualized basis and a dividend yield of 3.03%. The ex-dividend date of this dividend is Friday, June 12th. View Stock Yards Bancorp's dividend history.

Shares of Stock Yards Bancorp split on Monday, May 30th 2016. The 3-2 split was announced on Monday, May 2nd 2016. The newly issued shares were payable 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.

2 Wall Street analysts have issued 1-year target prices for Stock Yards Bancorp's shares. Their forecasts range from $42.00 to $42.00. On average, they expect Stock Yards Bancorp's stock price to reach $42.00 in the next twelve months. This suggests a possible upside of 17.8% from the stock's current price. View analysts' price targets for Stock Yards Bancorp.

News stories about SYBT stock have trended somewhat positive this week, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Stock Yards Bancorp earned a daily sentiment score of 0.8 on InfoTrie's scale. They also gave media stories about the bank a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next several days. View the latest news aboutStock Yards Bancorp.

Some companies that are related to Stock Yards Bancorp include Truist Financial (TFC), PNC Financial Services Group (PNC), SunTrust Banks (STI), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), Regions Financial (RF), SVB Financial Group (SIVB), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Zions Bancorporation NA (ZION), Signature Bank (SBNY), Prosperity Bancshares (PB) and East West Bancorp (EWBC). View all competitors.

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 & Co (WFC), Dominion Energy (D), 3M (MMM), Pfizer (PFE), Verizon Communications (VZ) and Abbott Laboratories (ABT).

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

Stock Yards Bancorp's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (7.00%), Stock Yards Bank & Trust Co. (4.73%), Champlain Investment Partners LLC (4.46%), The Manufacturers Life Insurance Company (2.67%), State Street Corp (1.94%) and Eaton Vance Management (1.58%). Company insiders that own Stock Yards Bancorp stock include Carl G Herde, David P Heintzman, Donna L Heitzman, J Mccauley Brown, James A Hillebrand, Kathy C Thompson, Michael Croce, Michael Rehm, Norman Tasman, Paul J Bickel III, Philip Poindexter, Richard A Lechleiter and William Dishman. View institutional ownership trends for Stock Yards Bancorp.

SYBT stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Wells Fargo & Company MN, Formidable Asset Management LLC, The Manufacturers Life Insurance Company , UBS Group AG, Stock Yards Bank & Trust Co., WINTON GROUP Ltd, and First Trust Advisors LP. Company insiders that have sold Stock Yards Bancorp company stock in the last year include David P Heintzman, James A Hillebrand, Kathy C Thompson, Michael Croce, Michael Rehm, Philip Poindexter, and William Dishman. View insider buying and selling activity for Stock Yards Bancorp.

SYBT stock was bought by a variety of institutional investors in the last quarter, including Amica Mutual Insurance Co., Wedge Capital Management L L P NC, Acadian Asset Management LLC, Jane Street Group LLC, Geode Capital Management LLC, RMB Capital Management LLC, Matarin Capital Management LLC, and Deprince Race & Zollo Inc.. Company insiders that have bought Stock Yards Bancorp stock in the last two years include Carl G Herde, Donna L Heitzman, J Mccauley Brown, Norman Tasman, Paul J Bickel III, and Richard A Lechleiter. View insider buying and selling activity for Stock Yards Bancorp.

Shares of SYBT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of SYBT stock can currently be purchased for approximately $35.65.

Stock Yards Bancorp has a market capitalization of $807.97 million and generates $197.55 million in revenue each year. The bank earns $66.07 million in net income (profit) each year or $2.89 on an earnings per share basis. Stock Yards Bancorp employs 591 workers across the globe.

The official website for Stock Yards Bancorp is www.syb.com.

Stock Yards Bancorp's mailing address is 1040 EAST MAIN STREET, LOUISVILLE KY, 40206. The bank can be reached via phone at 502-582-2571 or via email at [email protected]