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

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

Sterling Bancorp declared a quarterly dividend on Wednesday, October 23rd. Stockholders 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 annualized dividend and a dividend yield of 1.34%. The ex-dividend date is Friday, November 1st. View Sterling Bancorp's Dividend History.

Sterling Bancorp (NYSE:STL) released its quarterly earnings results on Wednesday, October, 23rd. The financial services provider reported $0.52 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.54 by $0.02. The financial services provider earned $259.76 million during the quarter, compared to the consensus estimate of $262.65 million. Sterling Bancorp had a return on equity of 10.12% and a net margin of 32.25%. Sterling Bancorp's revenue for the quarter was down 4.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.51 EPS. View Sterling Bancorp's Earnings History.

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

Sterling Bancorp will be holding an earnings conference call on Wednesday, January 22nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

7 brokerages have issued 1 year price objectives for Sterling Bancorp's stock. Their forecasts range from $24.50 to $28.00. On average, they anticipate Sterling Bancorp's stock price to reach $25.92 in the next year. This suggests a possible upside of 24.1% from the stock's current price. View Analyst Price Targets 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.

News headlines about STL stock have been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Sterling Bancorp earned a media sentiment score of -1.7 on InfoTrie's scale. They also assigned news coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Sterling Bancorp.

Sterling Bancorp saw a decrease in short interest in December. As of December 31st, there was short interest totalling 8,610,000 shares, a decrease of 8.7% from the December 15th total of 9,430,000 shares. Based on an average trading volume of 1,290,000 shares, the short-interest ratio is presently 6.7 days. Approximately 4.3% of the company's stock are sold short. View Sterling Bancorp's Current Options Chain.

Some companies that are related to Sterling Bancorp include PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), First Republic Bank (FRC), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Commerce Bancshares (CBSH), Signature Bank (SBNY), TCF Financial (TCF) and East West Bancorp (EWBC).

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

Sterling Bancorp's stock is owned by many different of institutional and retail investors. Top institutional investors include Hudson Valley Investment Advisors Inc. ADV (0.17%), Hennessy Advisors Inc. (0.05%), State of Alaska Department of Revenue (0.02%), Sciencast Management LP (0.01%) and FNY Investment Advisers LLC (0.01%). 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, Mona Aboelnaga, Richard L O'toole, Robert Giambrone, Rodney Whitwell 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 Hennessy Advisors Inc., State of Alaska Department of Revenue and Hudson Valley Investment Advisors Inc. ADV. 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.

STL stock was acquired by a variety of institutional investors in the last quarter, including FNY Investment Advisers LLC and Sciencast Management LP. Company insiders that have bought Sterling Bancorp stock in the last two years include Mona Aboelnaga, Richard L O'toole and Robert Giambrone. 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, Robinhood, Fidelity and Charles Schwab.

One share of STL stock can currently be purchased for approximately $20.89.

Sterling Bancorp has a market capitalization of $4.22 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.

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

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]