NYSE:STL - Sterling Bancorp Stock Price, News, & Analysis

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

Sterling Bancorp declared a quarterly dividend on Tuesday, July 24th. Investors of record on Monday, August 6th will be given a dividend of $0.07 per share on Monday, August 20th. This represents a $0.28 dividend on an annualized basis and a yield of 1.23%. The ex-dividend date of this dividend is Friday, August 3rd. View Sterling Bancorp's Dividend History.

Sterling Bancorp (NYSE:STL) posted its earnings results on Tuesday, July, 24th. The financial services provider reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.02. The financial services provider had revenue of $276.81 million for the quarter, compared to analyst estimates of $272.26 million. Sterling Bancorp had a return on equity of 9.67% and a net margin of 20.19%. The business's revenue was up 110.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.33 earnings per share. View Sterling Bancorp's Earnings History.

Sterling Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, October, 23rd 2018. View Earnings Estimates for Sterling Bancorp.

6 Wall Street analysts have issued 12-month price objectives for Sterling Bancorp's shares. Their predictions range from $25.85 to $36.00. On average, they expect Sterling Bancorp's share price to reach $30.3083 in the next twelve months. This suggests a possible upside of 33.5% from the stock's current price. View Analyst Price Targets for Sterling Bancorp.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sterling Bancorp in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Sterling Bancorp.

Some companies that are related to Sterling Bancorp include Shinhan Financial Group (SHG), Huntington Bancshares (HBAN), Comerica (CMA), Zions Bancorp (ZION), Cullen/Frost Bankers (CFR), BOK Financial (BOKF), PacWest Bancorp (PACW), Webster Financial (WBS), CIT Group (CIT), First Horizon National (FHN), Synovus Financial (SNV), Pinnacle Financial Partners (PNFP), Akbank T.A.S. (AKBTY), TCF Financial (TCF) and F.N.B. (FNB).

News headlines about STL stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Sterling Bancorp earned a news impact score of 0.11 on Accern's scale. They also assigned headlines about the financial services provider an impact score of 47.33 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View Recent Headlines for Sterling Bancorp.

Sterling Bancorp's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.63%), Dimensional Fund Advisors LP (4.60%), Victory Capital Management Inc. (2.10%), Bank of America Corp DE (1.62%), Wells Fargo & Company MN (1.37%) and OppenheimerFunds Inc. (1.13%). Company insiders that own Sterling Bancorp stock include Burt Steinberg, Craig S Thompson, Jack L Kopnisky, James F Deutsch, James P Blose, James R Peoples, John C Millman, Michael E Finn, Monte N Redman, Richard L O'toole, Robert Giambrone, Robert W Lazar, Thomas G Kahn and Thomas X Geisel. View Institutional Ownership Trends for Sterling Bancorp.

STL stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Dimensional Fund Advisors LP, Voya Investment Management LLC, Picton Mahoney Asset Management, Schwab Charles Investment Management Inc., Federated Investors Inc. PA, Bank of New York Mellon Corp and Russell Investments Group Ltd.. Company insiders that have sold Sterling Bancorp company stock in the last year include Burt Steinberg, Jack L Kopnisky, James F Deutsch, James P Blose, Michael E Finn, Monte N Redman, Thomas G Kahn and Thomas X Geisel. View Insider Buying and Selling for Sterling Bancorp.

STL stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, Bank of America Corp DE, Diamond Hill Capital Management Inc., Janus Henderson Group PLC, OppenheimerFunds Inc., Paloma Partners Management Co, Jane Street Group LLC and KBC Group NV. Company insiders that have bought Sterling Bancorp stock in the last two years include Burt Steinberg, Richard L O'toole, Robert Giambrone and Robert W Lazar. View Insider Buying and Selling for Sterling Bancorp.

Shares of STL 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, Scottrade, Fidelity and Charles Schwab.

One share of STL stock can currently be purchased for approximately $22.70.

Sterling Bancorp has a market capitalization of $4.98 billion and generates $746.65 million in revenue each year. The financial services provider earns $93.03 million in net income (profit) each year or $1.40 on an earnings per share basis. Sterling Bancorp employs 2,076 workers across the globe.

Sterling Bancorp's mailing address is 400 Rella Boulevard, Montebello NY, 10901. The financial services provider can be reached via phone at 845-369-8040 or via email at [email protected]