S&P 500   3,115.05 (+0.59%)
DOW   27,983.23 (+0.72%)
QQQ   202.28 (+0.42%)
CGC   15.42 (-2.65%)
ACB   2.78 (-15.78%)
F   8.95 (+1.82%)
DIS   144.38 (-1.88%)
S&P 500   3,115.05 (+0.59%)
DOW   27,983.23 (+0.72%)
QQQ   202.28 (+0.42%)
CGC   15.42 (-2.65%)
ACB   2.78 (-15.78%)
F   8.95 (+1.82%)
DIS   144.38 (-1.88%)
S&P 500   3,115.05 (+0.59%)
DOW   27,983.23 (+0.72%)
QQQ   202.28 (+0.42%)
CGC   15.42 (-2.65%)
ACB   2.78 (-15.78%)
F   8.95 (+1.82%)
DIS   144.38 (-1.88%)
S&P 500   3,115.05 (+0.59%)
DOW   27,983.23 (+0.72%)
QQQ   202.28 (+0.42%)
CGC   15.42 (-2.65%)
ACB   2.78 (-15.78%)
F   8.95 (+1.82%)
DIS   144.38 (-1.88%)
Log in

Sterling Bancorp Stock Price, Forecast & Analysis (NYSE:STL)

$20.74
+0.10 (+0.48 %)
(As of 11/15/2019 03:24 PM ET)
Today's Range
$20.61
Now: $20.74
$20.85
50-Day Range
$18.91
MA: $20.05
$20.82
52-Week Range
$15.62
Now: $20.74
$22.17
Volume416,896 shs
Average Volume1.41 million shs
Market Capitalization$4.19 billion
P/E Ratio10.37
Dividend Yield1.35%
Beta1.36
Sterling Bancorp operates as the bank holding company for Sterling National Bank that provides various banking products and services to commercial, consumer, and municipal clients in the United States. The company accepts deposit products, including checking, savings, money market, time, and interest and non-interest bearing demand deposits, as well as certificates of deposit and mortgage escrow funds. Read More…

Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
CUSIP85915810
Phone845-369-8040

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.31 billion
Cash Flow$1.90 per share
Book Value$21.69 per share

Profitability

Net Income$447.25 million

Miscellaneous

Employees1,907
Market Cap$4.19 billion
Next Earnings Date1/22/2020 (Estimated)
OptionableOptionable

Receive STL News and Ratings via Email

Sign-up to receive the latest news and ratings for STL and its competitors with MarketBeat's FREE daily newsletter.


Sterling Bancorp (NYSE:STL) Frequently Asked Questions

What is Sterling Bancorp's stock symbol?

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

How often does Sterling Bancorp pay dividends? What is the dividend yield for Sterling Bancorp?

Sterling Bancorp declared a quarterly dividend on Wednesday, October 23rd. Investors of record on Monday, November 4th will be given a dividend of $0.07 per share on Monday, November 18th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.35%. The ex-dividend date of this dividend is Friday, November 1st. View Sterling Bancorp's Dividend History.

How were Sterling Bancorp's earnings last quarter?

Sterling Bancorp (NYSE:STL) announced its earnings results on Wednesday, October, 23rd. The financial services provider reported $0.52 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.54 by $0.02. The financial services provider earned $259.76 million during the quarter, compared to analyst estimates of $262.65 million. Sterling Bancorp had a return on equity of 10.12% and a net margin of 32.25%. The business's revenue was down 4.6% compared to the same quarter last year. During the same period last year, the business posted $0.51 earnings per share. View Sterling Bancorp's Earnings History.

When is Sterling Bancorp's next earnings date?

Sterling Bancorp is scheduled to release their next quarterly earnings announcement on Wednesday, January 22nd 2020. View Earnings Estimates for Sterling Bancorp.

What price target have analysts set for STL?

7 brokerages have issued 1 year price targets for Sterling Bancorp's stock. Their forecasts range from $24.50 to $28.00. On average, they anticipate Sterling Bancorp's share price to reach $25.92 in the next twelve months. This suggests a possible upside of 25.0% from the stock's current price. View Analyst Price Targets for Sterling Bancorp.

What is the consensus analysts' recommendation for Sterling Bancorp?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sterling Bancorp in the last year. There are currently 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Sterling Bancorp.

What are Wall Street analysts saying about Sterling Bancorp stock?

Here are some recent quotes from research analysts about Sterling Bancorp stock:
  • 1. According to Zacks Investment Research, "Sterling Bancorp is the holding company for Sterling National Bank, a financial services firm. Sterling National Bank provides various banking and financial products and services primarily in New York, New Jersey, and Connecticut. It provides depository and cash management services and a broad portfolio of financing solutions-including working capital lines, accounts receivable and inventory financing, factoring, trade financing, payroll funding and processing, equipment financing, commercial and residential mortgages and mortgage warehouse lines of credit. Sterling Bancorp, formerly known as Provident New York Bancorp, is headquartered in New York. " (11/8/2019)
  • 2. Maxim Group analysts commented, "STL reported 4Q18 EPS of $0.51, beating consensus of $0.50. Excluding non- recurring items, EPS would have been $0.53 (by our calculations). In our view, it was a solid quarter. Core non-interest income (excluding non-recurring items) was up linked-quarter, and non-interest expenses were down, and both were at a run-rate consistent with revised 2019 guidance. Both the NIM and the core NIM (excluding accretion income on acquired loans) were stable (down only 1bp), as yields on interest earning assets increased, and the increase in deposit costs slowed (up 9bps versus up 13bps in 3Q18). However, average earning assets were down slightly, so net interest income was down 0.5%. The core efficiency ratio was a low 40%." (1/24/2019)

Has Sterling Bancorp been receiving favorable news coverage?

Media stories about STL stock have trended somewhat negative on Friday, according to InfoTrie Sentiment. The research group ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Sterling Bancorp earned a coverage optimism score of -1.4 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Sterling Bancorp.

Are investors shorting Sterling Bancorp?

Sterling Bancorp saw a drop in short interest in the month of October. As of October 31st, there was short interest totalling 9,470,000 shares, a drop of 13.6% from the September 30th total of 10,960,000 shares. Based on an average daily trading volume, of 1,410,000 shares, the days-to-cover ratio is currently 6.7 days. Approximately 4.8% of the company's shares are sold short. View Sterling Bancorp's Current Options Chain.

Who are some of Sterling Bancorp's key competitors?

What other stocks do shareholders of Sterling Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sterling Bancorp investors own include WebMD Health (WBMD), JPMorgan Chase & Co. (JPM), BGC Partners (BGCP), Heico (HEI), NVIDIA (NVDA), QUALCOMM (QCOM), Alibaba Group (BABA), Alphabet (GOOG), Bank of America (BAC) and Netflix (NFLX).

Who are Sterling Bancorp's key executives?

Sterling Bancorp's management team includes the folowing people:
  • Mr. Jack L. Kopnisky, Pres, CEO & Director (Age 63)
  • Mr. Luis Massiani, Sr. EVP & CFO (Age 42)
  • Mr. Rodney C. Whitwell, Sr. EVP & Chief Admin. Officer (Age 61)
  • Mr. Michael E. Finn, Sr. EVP & Chief Risk Officer (Age 54)
  • Mr. Thomas X. Geisel, Sr. EVP & Corp. Banking Pres (Age 58)

Who are Sterling Bancorp's major shareholders?

Sterling Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Diamond Hill Capital Management Inc. (2.61%), Gamco Investors INC. ET AL (0.55%), Systematic Financial Management LP (0.47%), First Trust Advisors LP (0.45%), Retirement Systems of Alabama (0.29%) and Skyline Asset Management LP (0.26%). Company insiders that own Sterling Bancorp stock include Brian T Edwards, Burt Steinberg, Jack L Kopnisky, James F Deutsch, James J Landy, James P Blose, Javier L Evan, Monte N Redman, Richard L O'toole, Robert Giambrone, Rodney Whitwell and Thomas X Geisel. View Institutional Ownership Trends for Sterling Bancorp.

Which institutional investors are selling Sterling Bancorp stock?

STL stock was sold by a variety of institutional investors in the last quarter, including Hennessy Advisors Inc., State of Tennessee Treasury Department, SG Americas Securities LLC, Kahn Brothers Group Inc. DE, Systematic Financial Management LP, Gamco Investors INC. ET AL, Rhumbline Advisers and Pacer Advisors Inc.. Company insiders that have sold Sterling Bancorp company stock in the last year include Brian T Edwards, Jack L Kopnisky, James J Landy, Javier L Evan, Rodney Whitwell and Thomas X Geisel. View Insider Buying and Selling for Sterling Bancorp.

Which institutional investors are buying Sterling Bancorp stock?

STL stock was bought by a variety of institutional investors in the last quarter, including Diamond Hill Capital Management Inc., First Trust Advisors LP, State of New Jersey Common Pension Fund D, California Public Employees Retirement System, Comerica Bank, Sciencast Management LP, State of Alaska Department of Revenue and Monarch Partners Asset Management LLC. Company insiders that have bought Sterling Bancorp stock in the last two years include Richard L O'toole and Robert Giambrone. View Insider Buying and Selling for Sterling Bancorp.

How do I buy shares of 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, Robinhood, Fidelity and Charles Schwab.

What is Sterling Bancorp's stock price today?

One share of STL stock can currently be purchased for approximately $20.74.

How big of a company is Sterling Bancorp?

Sterling Bancorp has a market capitalization of $4.19 billion and generates $1.31 billion in revenue each year. The financial services provider earns $447.25 million in net income (profit) each year or $2.00 on an earnings per share basis. Sterling Bancorp employs 1,907 workers across the globe.View Additional Information About Sterling Bancorp.

What is Sterling Bancorp's official website?

The official website for Sterling Bancorp is http://www.sterlingbancorp.com/.

How can I contact Sterling Bancorp?

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]


MarketBeat Community Rating for Sterling Bancorp (NYSE STL)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  344 (Vote Outperform)
Underperform Votes:  354 (Vote Underperform)
Total Votes:  698
MarketBeat's community ratings are surveys of what our community members think about Sterling Bancorp and other stocks. Vote "Outperform" if you believe STL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe STL will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/15/2019 by MarketBeat.com Staff

Featured Article: Profit Margin

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel