Stock Yards Bancorp - SYBT Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Stock Yards Bancorp in the last year. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SYBT shares. 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.
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3 equities research analysts have issued 1 year target prices for Stock Yards Bancorp's stock. Their SYBT share price forecasts range from $73.00 to $76.00. On average, they anticipate the company's share price to reach $74.50 in the next year. This suggests a possible upside of 39.7% 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 shares have decreased by 17.9% and is now trading at $53.33.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023.
View our SYBT earnings forecast.

Stock Yards Bancorp, Inc. (NASDAQ:SYBT) released its quarterly earnings results on Tuesday, October, 26th. The bank reported $0.86 EPS for the quarter, beating the consensus estimate of $0.76 by $0.10. The bank had revenue of $63.10 million for the quarter, compared to analysts' expectations of $62.60 million. Stock Yards Bancorp had a trailing twelve-month return on equity of 15.03% and a net margin of 27.28%.

Stock Yards Bancorp announced a quarterly dividend on Wednesday, February 22nd. Investors of record on Monday, March 20th will be paid a dividend of $0.29 per share on Monday, April 3rd. This represents a $1.16 dividend on an annualized basis and a yield of 2.18%. The ex-dividend date of this dividend is Friday, March 17th.
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), iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), Invesco DWA SmallCap Momentum ETF (DWAS), First Trust Small Cap Growth AlphaDEX Fund (FYC), SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV) and VictoryShares US Small Cap Volatility Wtd ETF (CSA).

Stock Yards Bancorp (NASDAQ:SYBT) pays an annual dividend of $1.16 per share and currently has a dividend yield of 2.14%. The company 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 is 36.48%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SYBT will have a dividend payout ratio of 30.93% 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 minted 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 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).

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

Stock Yards Bancorp's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Neuberger Berman Group LLC (5.62%), Stock Yards Bank & Trust Co. (3.89%), Dimensional Fund Advisors LP (2.63%), Charles Schwab Investment Management Inc. (2.30%), Geode Capital Management LLC (1.87%) and The Manufacturers Life Insurance Company (1.56%). 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, Paul J Bickel III, 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 $53.33.

Stock Yards Bancorp (NASDAQ:SYBT) has a market capitalization of $1.56 billion and generates $340.80 million in revenue each year. The bank earns $92.97 million in net income (profit) each year or $3.18 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.