NASDAQ:SYBTStock Yards Bancorp Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Stock Yards Bancorp Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $34.03 -0.22 (-0.64 %) (As of 05/29/2020 04:00 PM ET) Add Compare Share Today's Range$33.52Now: $34.03▼$34.7650-Day Range$26.79MA: $30.59▼$35.2452-Week Range$22.98Now: $34.03▼$42.60Volume129,747 shsAverage Volume72,616 shsMarket Capitalization$771.12 millionP/E Ratio12.15Dividend Yield3.15%Beta0.75 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Stock Yards Bancorp, Inc. operates as the holding company for Stock Yards Bank & Trust Company that provides commercial and personal banking services in Louisville, Indianapolis, and Cincinnati. Its deposit products include demand deposits, savings deposits, money market deposits, and time deposits. The company's loan portfolio comprises commercial and industrial, construction and development, undeveloped land, real estate mortgage, and consumer loans; and originates and sells single-family residential mortgages. In addition, it offers securities brokerage services through an arrangement with a third party broker-dealer; and investment management, trust, employee benefit plan, estate administration, and financial planning services. As of December 31, 2018, the company had 38 full service banking locations, including 28 in the Louisville metropolitan statistical area (MSA), 5 in Indianapolis MSA, and 5 in Cincinnati MSA. Stock Yards Bancorp, Inc. was founded in 1904 and is headquartered in Louisville, Kentucky.Read More Beat the Market (BTM) Rank™ 2.5 Analyst's Opinion Consensus RatingStock Yards Bancorp has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $42.00, Stock Yards Bancorp has a potential upside of 23.4% from its current price of $34.03.Amount of Analyst CoverageStock Yards Bancorp has only been the subject of 2 research reports in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesStock Yards Bancorp has received 202 “outperform” votes. (Add your “outperform” vote.)Underperform VotesStock Yards Bancorp has received 280 “underperform” votes. (Add your “underperform” vote.)Community SentimentStock Yards Bancorp has received 58.09% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Stock Yards Bancorp and other stocks. Vote “Outperform” if you believe SYBT will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SYBT will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 4.2 Dividend Strength Dividend LeadershipStock Yards Bancorp is a leading dividend payer. It pays a dividend yield of 3.15%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthStock Yards Bancorp has been increasing its dividend for 8 years.Dividend CoverageThe dividend payout ratio of Stock Yards Bancorp is 37.37 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Stock Yards Bancorp will have a dividend payout ratio of 51.67 % next year. This indicates that Stock Yards Bancorp will be able to sustain or increase its dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Stock Yards Bancorp insiders have bought more of their company's stock than they have sold. Specifically, they have bought $384,003.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 6.56% of the stock of Stock Yards Bancorp is held by insiders.Percentage Held by Institutions52.31% of the stock of Stock Yards Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Stock Yards Bancorp are expected to decrease by -19.92% in the coming year, from $2.61 to $2.09 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Stock Yards Bancorp is 12.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 13.93.Price to Earnings Ratio vs. SectorThe P/E ratio of Stock Yards Bancorp is 12.15, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 14.40.Price to Book Value per Share RatioStock Yards Bancorp has a P/B Ratio of 1.88. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.5Community Rank: 2.1Dividend Strength: 4.2Insider Behavior: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.80 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry State commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:SYBT Previous Symbol CUSIP78506010 CIK835324 Webwww.syb.com Phone502-582-2571Debt Debt-to-Equity Ratio0.17 Current Ratio0.98 Quick Ratio0.97Price-To-Earnings Trailing P/E Ratio12.15 Forward P/E Ratio13.04 P/E GrowthN/A Sales & Book Value Annual Sales$197.55 million Price / Sales3.90 Cash Flow$3.12 per share Price / Cash Flow10.91 Book Value$18.08 per share Price / Book1.88Profitability EPS (Most Recent Fiscal Year)$2.89 Net Income$66.07 million Net Margins31.69% Return on Equity15.90% Return on Assets1.76%Miscellaneous Employees591 Outstanding Shares22,660,000Market Cap$771.12 million Next Earnings Date7/22/2020 (Estimated) OptionableOptionable NASDAQ:SYBT Rates by TradingView Receive SYBT News and Ratings via Email Sign-up to receive the latest news and ratings for SYBT and its competitors with MarketBeat's FREE daily newsletter. Stock Yards Bancorp (NASDAQ:SYBT) Frequently Asked Questions How has Stock Yards Bancorp's stock been impacted by COVID-19 (Coronavirus)? Stock Yards Bancorp's stock was trading at $29.33 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SYBT stock has increased by 16.0% and is now trading at $34.03. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Stock Yards Bancorp? 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. When is Stock Yards Bancorp's next earnings date? 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. How were Stock Yards Bancorp's earnings last quarter? Stock Yards Bancorp Inc (NASDAQ:SYBT) posted its earnings results on Wednesday, April, 22nd. The bank reported $0.59 EPS for the quarter, beating the consensus estimate of $0.54 by $0.05. The bank earned $44.98 million during the quarter, compared to analyst estimates 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. How often does Stock Yards Bancorp pay dividends? What is the dividend yield for Stock Yards Bancorp? Stock Yards Bancorp announced a quarterly dividend on Wednesday, May 20th. Investors of record on Monday, June 15th will be paid 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 3.17%. The ex-dividend date of this dividend is Friday, June 12th. 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 Monday, May 30th 2016. The 3-2 split was announced on Monday, May 2nd 2016. The newly issued 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 price target have analysts set for SYBT? 2 brokerages have issued 12-month price objectives 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 23.4% from the stock's current price. View analysts' price targets for Stock Yards Bancorp. Has Stock Yards Bancorp been receiving favorable news coverage? Media stories about SYBT stock have been trending very negative recently, InfoTrie reports. The research firm scores the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Stock Yards Bancorp earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned press coverage about the bank a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an effect on the company's share price in the near term. View the latest news aboutStock Yards Bancorp. Who are some of Stock Yards Bancorp's key competitors? 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), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Signature Bank (SBNY), Zions Bancorporation NA (ZION) and East West Bancorp (EWBC). View all competitors. 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 & Co (WFC), Dominion Energy (D), 3M (MMM), Pfizer (PFE), Verizon Communications (VZ) and Abbott Laboratories (ABT). Who are Stock Yards Bancorp's key executives? Stock Yards Bancorp's management team includes the following people: Mr. James A. Hillebrand, CEO & Director (Age 51)Mr. Philip S. Poindexter, Pres (Age 53)Ms. Nancy B. Davis, Exec. VP, CFO & Treasurer (Age 64)Ms. Kathy C. Thompson, Sr. EVP & Director (Age 58)Mr. William M. Dishman III, Exec. VP & Chief Risk Officer of Stock Yards Bank & Trust Company (Age 56) 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 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. Which major investors are selling Stock Yards Bancorp stock? SYBT stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Wells Fargo & Company MN, The Manufacturers Life Insurance Company , UBS Group AG, Stock Yards Bank & Trust Co., WINTON GROUP Ltd, First Trust Advisors LP, and Baird Financial Group Inc.. 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. Which major investors are buying Stock Yards Bancorp stock? SYBT stock was acquired 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. How do I buy shares of 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. What is Stock Yards Bancorp's stock price today? One share of SYBT stock can currently be purchased for approximately $34.03. How big of a company is Stock Yards Bancorp? Stock Yards Bancorp has a market capitalization of $771.12 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. What is Stock Yards Bancorp's official website? The official website for Stock Yards Bancorp is www.syb.com. How can I contact Stock Yards Bancorp? 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] This page was last updated on 5/30/2020 by MarketBeat.com Staff
