NASDAQ:SYBT Stock Yards Bancorp Stock Forecast, Price & 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 $34.16 +0.17 (+0.50 %) (As of 09/25/2020 12:00 AM ET) Add Compare Share Today's Range$33.86Now: $34.16▼$34.4350-Day Range$33.93MA: $41.58▼$43.9852-Week Range$22.98Now: $34.16▼$44.73Volume50,734 shsAverage Volume74,336 shsMarket Capitalization$774.82 millionP/E Ratio12.79Dividend Yield3.18%Beta0.79 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial 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™ 3.3 Analyst's Opinion Consensus RatingStock Yards Bancorp has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $47.00, Stock Yards Bancorp has a forecasted upside of 37.6% from its current price of $34.16.Amount of Analyst CoverageStock Yards Bancorp has only been the subject of 1 research reports in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesStock Yards Bancorp has received 203 “outperform” votes. (Add your “outperform” vote.)Underperform VotesStock Yards Bancorp has received 289 “underperform” votes. (Add your “underperform” vote.)Community SentimentStock Yards Bancorp has received 58.74% “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 3.3 Dividend Strength Dividend YieldStock Yards Bancorp pays a meaningful dividend of 3.18%, higher than the bottom 25% of all stocks that pay dividends.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 50.70% next year. This indicates that Stock Yards Bancorp will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Stock Yards Bancorp insiders have sold 20,832.42% more of their company's stock than they have bought. Specifically, they have bought $3,939.00 in company stock and sold $824,528.00 in company stock.Percentage Held by InsidersOnly 6.56% of the stock of Stock Yards Bancorp is held by insiders.Percentage Held by Institutions56.64% 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 -16.80% in the coming year, from $2.56 to $2.13 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Stock Yards Bancorp is 12.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.33.Price to Earnings Ratio vs. SectorThe P/E ratio of Stock Yards Bancorp is 12.79, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 17.26.Price to Book Value per Share RatioStock Yards Bancorp has a P/B Ratio of 1.90. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.1Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.19 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 Ratio0.15 Current Ratio0.97 Quick Ratio0.97Price-To-Earnings Trailing P/E Ratio12.79 Forward P/E Ratio13.34 P/E GrowthN/A Sales & Book Value Annual Sales$197.55 million Price / Sales3.92 Cash Flow$2.60 per share Price / Cash Flow13.12 Book Value$17.98 per share Price / Book1.90Profitability EPS (Most Recent Fiscal Year)$2.89 Net Income$66.07 million Net Margins30.12% Return on Equity14.82% Return on Assets1.57%Miscellaneous Employees591 Outstanding Shares22,682,000Market Cap$774.82 million Next Earnings Date10/28/2020 (Estimated) OptionableOptionable $34.16 +0.17 (+0.50 %) (As of 09/25/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart 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 price been impacted by COVID-19? 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 16.5% and is now trading at $34.16. View which stocks have been most impacted by COVID-19. 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 1 hold rating and 1 buy rating 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, October 28th 2020. View our earnings forecast for Stock Yards Bancorp. How were Stock Yards Bancorp's earnings last quarter? Stock Yards Bancorp Inc (NASDAQ:SYBT) issued its quarterly earnings results on Wednesday, July, 22nd. The bank reported $0.59 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.47 by $0.12. The bank had revenue of $46.15 million for the quarter, compared to analyst estimates of $46.60 million. Stock Yards Bancorp had a net margin of 30.12% and a return on equity of 14.82%. 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 declared a quarterly dividend on Wednesday, August 19th. Shareholders of record on Monday, September 21st will be given a dividend of $0.27 per share on Thursday, October 1st. This represents a $1.08 dividend on an annualized basis and a dividend yield of 3.16%. The ex-dividend date is Friday, September 18th. 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 created 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 Wall Street analysts have issued 1 year price objectives for Stock Yards Bancorp's stock. Their forecasts range from $47.00 to $47.00. On average, they expect Stock Yards Bancorp's stock price to reach $47.00 in the next twelve months. This suggests a possible upside of 37.6% from the stock's current price. View analysts' price targets for Stock 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), First Republic Bank (FRC), Fifth Third Bancorp (FITB), SVB Financial Group (SIVB), M&T Bank (MTB), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Zions Bancorporation NA (ZION), Prosperity Bancshares (PB), Signature Bank (SBNY), East West Bancorp (EWBC) and Cullen/Frost Bankers (CFR). 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 & Company (WFC), Dominion Energy (D), Mastercard (MA), 3M (MMM), Pfizer (PFE) and Verizon Communications (VZ). 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 a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (5.56%), Stock Yards Bank & Trust Co. (4.88%), Mutual of America Capital Management LLC (1.41%), FMR LLC (1.31%), Charles Schwab Investment Management Inc. (1.27%) and Heartland Advisors Inc. (1.13%). 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 First Trust Advisors LP, Goldman Sachs Group Inc., Baird Financial Group Inc., Smith Asset Management Group LP, UBS Group AG, Nuveen Asset Management LLC, Mutual of America Capital Management LLC, and Formidable Asset Management LLC. Company insiders that have sold Stock Yards Bancorp company stock in the last year include Carl G Herde, David P Heintzman, James A Hillebrand, Kathy C Thompson, 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 FMR LLC, ProShare Advisors LLC, Charles Schwab Investment Management Inc., Vanguard Group Inc., WFA of San Diego LLC, Kayne Anderson Rudnick Investment Management LLC, Stock Yards Bank & Trust Co., and Chatham Capital Group 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 $34.16. How big of a company is Stock Yards Bancorp? Stock Yards Bancorp has a market capitalization of $774.82 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 9/26/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
