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 year. There are currently 3 hold ratings for the stock. The consensus among Wall Street equities research 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.
View SYBT analyst ratings or view top-rated stocks.

3 Wall Street research analysts have issued 1-year price objectives for Stock Yards Bancorp's stock. Their SYBT share price forecasts range from $65.00 to $72.00. On average, they expect the company's stock price to reach $68.00 in the next twelve months. This suggests that the stock has a possible downside of 0.3%.
View analysts price targets for SYBT or view top-rated stocks among Wall Street analysts.

Stock Yards Bancorp's stock was trading at $63.88 at the beginning of the year. Since then, SYBT shares have increased by 6.7% and is now trading at $68.18.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our SYBT earnings forecast.

Stock Yards Bancorp, Inc. (NASDAQ:SYBT) released its quarterly earnings data on Wednesday, July, 27th. The bank reported $0.91 EPS for the quarter, topping analysts' consensus estimates of $0.86 by $0.05. Stock Yards Bancorp had a net margin of 29.35% and a trailing twelve-month return on equity of 14.46%.

Stock Yards Bancorp declared a quarterly dividend on Thursday, August 18th. Stockholders of record on Monday, September 19th will be paid a dividend of $0.29 per share on Monday, October 3rd. This represents a $1.16 annualized dividend and a dividend yield of 1.70%. The ex-dividend date of this dividend is Friday, September 16th. This is an increase from the stock's previous quarterly dividend of $0.28.
Read our dividend analysis for SYBT.

Stock Yards Bancorp (NASDAQ:SYBT) pays an annual dividend of $1.16 per share and currently has a dividend yield of 1.70%. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 38.93%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SYBT will have a dividend payout ratio of 30.21% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SYBT.

Shares of Stock Yards Bancorp split on the morning of Monday, May 30th 2016. The 3-2 split was announced on Monday, May 2nd 2016. The newly minted shares were distributed 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 variety of retail and institutional investors. Top institutional investors include Kayne Anderson Rudnick Investment Management LLC (5.88%), Stock Yards Bank & Trust Co. (3.64%), State Street Corp (1.85%), Northern Trust Corp (0.94%), Mutual of America Capital Management LLC (0.54%) and Monarch Partners Asset Management LLC (0.25%). Insiders that own company stock include Carl G Herde, David P Heintzman, David P Heintzman, Donna L Heitzman, Donna L Heitzman, James A Hillebrand, Kathy C Thompson, Kathy C Thompson, Michael Croce, Michael Rehm, Norman Tasman, Paul J Bickel III, Philip Poindexter, Richard A Lechleiter, Stephen M Priebe and William Dishman.
View institutional ownership trends.

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.
Compare Top Brokerages Here.

One share of SYBT stock can currently be purchased for approximately $68.18.

Stock Yards Bancorp (NASDAQ:SYBT) has a market capitalization of $1.99 billion and generates $242.93 million in revenue each year. The bank earns $74.64 million in net income (profit) each year or $2.98 on an earnings per share basis.

The company employs 997 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.