NYSE:STL

Sterling Bancorp Stock Forecast, Price & News

$26.15
+0.47 (+1.83 %)
(As of 06/16/2021 12:00 AM ET)
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Today's Range
$25.06
$26.26
50-Day Range
$22.75
$26.80
52-Week Range
$9.62
$27.22
Volume1.61 million shs
Average Volume3.43 million shs
Market Capitalization$5.04 billion
P/E Ratio16.76
Dividend Yield1.09%
Beta1.71
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Sterling Bancorp logo

About Sterling Bancorp

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 interest and non-interest checking, savings, money market, time, and demand deposits, as well as certificates of deposit. Its loan products include commercial and industrial, asset-based, payroll finance, warehouse, factored receivables, equipment finance, public sector finance, and commercial real estate, such as multi-family loans; residential and commercial mortgage loans; consumer loans, such as homeowner loans, home equity lines of credit, new and used automobile loans, and personal unsecured loans; and acquisition, development, and construction loans. The company also engages in the third-party provider to sell mutual funds and annuities; and provision of annuity and wealth management products. As of December 31, 2020, it operated 76 full-service retail and commercial financial centers in the New York Metro Market and the New York Suburban Market. Sterling Bancorp was founded in 1888 and is headquartered in Pearl River, New York.

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MarketRank

Overall MarketRank

1.80 out of 5 stars

Finance Sector

356th out of 1,977 stocks

National Commercial Banks Industry

40th out of 167 stocks

Analyst Opinion: 1.3Community Rank: 2.5Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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Sterling Bancorp (NYSE:STL) Frequently Asked Questions

Is Sterling Bancorp a buy right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sterling Bancorp in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Sterling Bancorp stock.
View analyst ratings for Sterling Bancorp
or view top-rated stocks.

What stocks does MarketBeat like better than Sterling Bancorp?

Wall Street analysts have given Sterling Bancorp a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Sterling Bancorp wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Sterling Bancorp's next earnings date?

Sterling Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, July 28th 2021.
View our earnings forecast for Sterling Bancorp
.

How were Sterling Bancorp's earnings last quarter?

Sterling Bancorp (NYSE:STL) announced its quarterly earnings results on Sunday, April, 18th. The financial services provider reported $0.51 EPS for the quarter, beating the consensus estimate of $0.46 by $0.05. The financial services provider had revenue of $253.39 million for the quarter, compared to analyst estimates of $248.35 million. Sterling Bancorp had a net margin of 28.38% and a trailing twelve-month return on equity of 7.69%. During the same quarter in the prior year, the company posted $0.47 earnings per share.
View Sterling Bancorp's earnings history
.

How has Sterling Bancorp's stock been impacted by COVID-19 (Coronavirus)?

Sterling Bancorp's stock was trading at $12.93 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, STL shares have increased by 102.2% and is now trading at $26.15.
View which stocks have been most impacted by COVID-19
.

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

Sterling Bancorp declared a quarterly dividend on Tuesday, April 20th. Shareholders of record on Friday, April 30th will be given a dividend of $0.07 per share on Friday, May 14th. This represents a $0.28 annualized dividend and a yield of 1.07%. The ex-dividend date of this dividend is Thursday, April 29th.
View Sterling Bancorp's dividend history
.

Is Sterling Bancorp a good dividend stock?

Sterling Bancorp pays an annual dividend of $0.28 per share and currently has a dividend yield of 1.09%. Sterling Bancorp does not yet have a strong track record of dividend growth. The dividend payout ratio of Sterling Bancorp is 23.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Sterling Bancorp will have a dividend payout ratio of 13.15% next year. This indicates that Sterling Bancorp will be able to sustain or increase its dividend.
View Sterling Bancorp's dividend history.

What price target have analysts set for STL?

8 brokerages have issued 12-month target prices for Sterling Bancorp's stock. Their forecasts range from $14.00 to $30.00. On average, they expect Sterling Bancorp's stock price to reach $24.00 in the next twelve months. This suggests that the stock has a possible downside of 8.2%.
View analysts' price targets for Sterling Bancorp
or view top-rated stocks among Wall Street analysts.

Who are Sterling Bancorp's key executives?

Sterling Bancorp's management team includes the following people:
  • Mr. Jack L. Kopnisky, Pres, CEO & Director (Age 65, Pay $2.09M)
  • Mr. Luis Massiani, Sr. EVP & COO (Age 44, Pay $1.14M)
  • Mr. Rodney C. Whitwell, Sr. EVP & Chief Admin. Officer (Age 63, Pay $752.17k)
  • Mr. Thomas X. Geisel, Sr. EVP & Pres of Corp. Banking (Age 60, Pay $927.39k)
  • Mr. Michael E. Finn, Sr. EVP & Chief Risk Officer (Age 56, Pay $821.37k)
  • Ms. Beatrice Ordonez, Exec. VP & CFO (Age 48)
  • Emlen Harmon, Sr. Managing Director of Investor Relations
  • Mr. James P. Blose, Exec. VP, Chief Legal Officer & Gen. Counsel (Age 53)
  • Ms. Marissa Weidner, Chief HR Officer (Age 44)
  • Mr. Richard O. Jones, Exec. VP & Market Pres (Age 72)

What is Jack L. Kopnisky's approval rating as Sterling Bancorp's CEO?

49 employees have rated Sterling Bancorp CEO Jack L. Kopnisky on Glassdoor.com. Jack L. Kopnisky has an approval rating of 64% among Sterling Bancorp's employees.

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 JPMorgan Chase & Co. (JPM), Bank of America (BAC), General Electric (GE), NVIDIA (NVDA), QUALCOMM (QCOM), Wells Fargo & Company (WFC), BGC Partners (BGCP), Cisco Systems (CSCO), HEICO (HEI) and Advanced Micro Devices (AMD).

What is Sterling Bancorp's stock symbol?

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

Who are Sterling Bancorp's major shareholders?

Sterling Bancorp's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (8.84%), Dimensional Fund Advisors LP (5.68%), Diamond Hill Capital Management Inc. (4.14%), Alliancebernstein L.P. (3.80%), Principal Financial Group Inc. (1.73%) and Principal Financial Group Inc. (1.73%). Company insiders that own Sterling Bancorp stock include Brian T Edwards, Fernando Ferrer, Jack L Kopnisky, James P Blose, Javier L Evan, Maureen Mitchell, Mona Aboelnaga, Patricia M Nazemetz, Richard L O'toole, Rodney Whitwell, Thomas X Geisel and William E Whiston.
View institutional ownership trends for Sterling Bancorp
.

Which major investors are selling Sterling Bancorp stock?

STL stock was sold by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Diamond Hill Capital Management Inc., Eaton Vance Management, Millennium Management LLC, Morgan Stanley, APG Asset Management N.V., Hudson Valley Investment Advisors Inc. ADV, and Prudential Financial Inc.. Company insiders that have sold Sterling Bancorp company stock in the last year include Jack L Kopnisky, James P Blose, Javier L Evan, and Thomas X Geisel.
View insider buying and selling activity for Sterling Bancorp
or view top insider-selling stocks.

Which major investors are buying Sterling Bancorp stock?

STL stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Principal Financial Group Inc., Principal Financial Group Inc., Voloridge Investment Management LLC, Weiss Multi Strategy Advisers LLC, Barclays PLC, Dimensional Fund Advisors LP, and Citigroup Inc.. Company insiders that have bought Sterling Bancorp stock in the last two years include Fernando Ferrer, Jack L Kopnisky, James P Blose, Javier L Evan, Maureen Mitchell, Mona Aboelnaga, Patricia M Nazemetz, Richard L O'toole, and William E Whiston.
View insider buying and selling activity for Sterling Bancorp
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Sterling Bancorp's stock price today?

One share of STL stock can currently be purchased for approximately $26.15.

How much money does Sterling Bancorp make?

Sterling Bancorp has a market capitalization of $5.04 billion and generates $1.15 billion in revenue each year. The financial services provider earns $225.77 million in net income (profit) each year or $1.20 on an earnings per share basis.

How many employees does Sterling Bancorp have?

Sterling Bancorp employs 1,460 workers across the globe.

When was Sterling Bancorp founded?

Sterling Bancorp was founded in 1888.

What is Sterling Bancorp's official website?

The official website for Sterling Bancorp is www.sterlingbancorp.com.

Where are Sterling Bancorp's headquarters?

Sterling Bancorp is headquartered at 400 Rella Boulevard, Montebello NY, 10901.

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]


This page was last updated on 6/16/2021 by MarketBeat.com Staff
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