NASDAQ:SYBTStock Yards Bancorp Stock Price, Forecast & News

Stock Yards Bancorp's stock was trading at $29.33 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SYBT shares have increased by 23.4% and is now trading at $36.19. 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) issued its earnings results on Wednesday, April, 22nd. The bank reported $0.59 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.54 by $0.05. The bank had revenue of $44.98 million for 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.

Stock Yards Bancorp declared a quarterly dividend on Wednesday, May 20th. Shareholders 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 2.98%. The ex-dividend date is Friday, June 12th. View Stock Yards Bancorp's dividend history.

Stock Yards Bancorp shares split before market open on Monday, May 30th 2016. The 3-2 split was announced on Monday, May 2nd 2016. The newly issued shares were distributed to shareholders after the market closes 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 brokers have issued 12 month price targets for Stock Yards Bancorp's shares. Their forecasts range from $42.00 to $42.00. On average, they anticipate Stock Yards Bancorp's share price to reach $42.00 in the next year. This suggests a possible upside of 16.1% from the stock's current price. View analysts' price targets for Stock Yards Bancorp.

News headlines about SYBT stock have trended very negative on Sunday, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Stock Yards Bancorp earned a news sentiment score of -3.2 on InfoTrie's scale. They also gave media headlines about the bank a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news about Stock Yards Bancorp.

Stock Yards Bancorp saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 691,200 shares, an increase of 9.5% from the May 31st total of 631,300 shares. Based on an average trading volume of 79,800 shares, the short-interest ratio is presently 8.7 days. Currently, 3.3% of the company's shares are sold short. View Stock Yards Bancorp's Current Options Chain.

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), M&T Bank (MTB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Signature Bank (SBNY), Zions Bancorporation NA (ZION), Prosperity Bancshares (PB), East West Bancorp (EWBC) and Cullen/Frost Bankers (CFR). 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 a number of retail and institutional investors. Top institutional investors include Wedge Capital Management L L P NC (0.59%), Cox Capital Mgt LLC (0.19%) and First Financial Bank Trust Division (0.03%). 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 acquired by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, First Financial Bank Trust Division, and Cox Capital Mgt LLC. 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 $36.19.

Stock Yards Bancorp has a market capitalization of $820.07 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]