Byline Bancorp - BY Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Byline Bancorp in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" BY shares.
View BY analyst ratings or view top-rated stocks.

2 Wall Street research analysts have issued 12 month target prices for Byline Bancorp's shares. Their BY share price forecasts range from $26.00 to $28.00. On average, they anticipate the company's share price to reach $27.00 in the next year. This suggests a possible upside of 24.9% from the stock's current price.
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Byline Bancorp's stock was trading at $22.97 at the beginning of the year. Since then, BY stock has decreased by 5.9% and is now trading at $21.62.
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Byline Bancorp saw a increase in short interest in March. As of March 15th, there was short interest totaling 1,020,000 shares, an increase of 8.1% from the February 28th total of 943,500 shares. Based on an average daily volume of 111,700 shares, the days-to-cover ratio is presently 9.1 days. Currently, 4.5% of the shares of the company are short sold.
View Byline Bancorp's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our BY earnings forecast.

Byline Bancorp, Inc. (NYSE:BY) issued its quarterly earnings data on Thursday, January, 26th. The company reported $0.67 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.59 by $0.08. The company had revenue of $88.06 million for the quarter, compared to analyst estimates of $84.57 million. Byline Bancorp had a trailing twelve-month return on equity of 11.79% and a net margin of 24.96%.

Byline Bancorp declared a quarterly dividend on Thursday, January 26th. Investors of record on Tuesday, February 7th will be paid a dividend of $0.09 per share on Tuesday, February 21st. This represents a $0.36 annualized dividend and a yield of 1.67%. The ex-dividend date is Monday, February 6th.
Read our dividend analysis for BY.

ETFs with the largest weight of Byline Bancorp (NYSE:BY) stock in their portfolio include AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), iShares US Small Cap Value Factor ETF (SVAL) and SPDR S&P Regional Banking ETF (KRE).Direxion Daily Regional Banks Bull 3x Shares (DPST) and

Byline Bancorp (NYSE:BY) pays an annual dividend of $0.36 per share and currently has a dividend yield of 1.67%. The dividend payout ratio is 15.13%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BY will have a dividend payout ratio of 14.40% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BY.

20 employees have rated Byline Bancorp Chief Executive Officer Alberto Paracchini on Glassdoor.com. Alberto Paracchini has an approval rating of 35% among the company's employees. This puts Alberto Paracchini in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Byline Bancorp investors own include McDonald's (MCD), Altria Group (MO), AT&T (T), Ares Capital (ARCC), Bank of America (BAC), Franklin Resources (BEN), Emerson Electric (EMR), Invesco (IVZ), Shopify (SHOP) and CarGurus (CARG).

(BY) raised $114 million in an initial public offering (IPO) on Friday, June 30th 2017. The company issued 5,700,000 shares at $19.00-$21.00 per share. BofA Merrill Lynch and Keefe, Bruyette & Woods (A Stifel Company) acted as the underwriters for the IPO and Piper Jaffray, Sandler O’Neill + Partners and Stephens were co-managers.

Byline Bancorp trades on the New York Stock Exchange (NYSE) under the ticker symbol "BY."

Shares of BY 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 BY stock can currently be purchased for approximately $21.62.

Byline Bancorp (NYSE:BY) has a market capitalization of $815.51 million and generates $358.87 million in revenue each year. The company earns $87.95 million in net income (profit) each year or $2.38 on an earnings per share basis.

The company employs 929 workers across the globe.

Byline Bancorp's mailing address is 180 NORTH LASALLE STREET SUITE 300, CHICAGO IL, 60601. The official website for the company is www.bylinebancorp.com. The company can be reached via phone at (773) 244-7000 or via email at byir@bylinebank.com.