NYSE:STLSterling Bancorp Stock Price, Forecast & News

Sterling Bancorp's stock was trading at $12.93 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, STL shares have decreased by 0.2% and is now trading at $12.90.
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6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sterling Bancorp in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Sterling Bancorp.

Sterling Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, October 28th 2020.
View our earnings forecast for Sterling Bancorp.

Sterling Bancorp (NYSE:STL) announced its quarterly earnings data on Wednesday, July, 22nd. The financial services provider reported $0.29 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.31 by $0.02. The financial services provider had revenue of $239.39 million for the quarter, compared to analysts' expectations of $242.51 million. Sterling Bancorp had a net margin of 22.93% and a return on equity of 6.30%.
View Sterling Bancorp's earnings history.

Sterling Bancorp declared a quarterly dividend on Wednesday, July 22nd. Shareholders of record on Monday, August 3rd will be paid a dividend of $0.07 per share on Monday, August 17th. This represents a $0.28 dividend on an annualized basis and a yield of 2.17%. The ex-dividend date is Friday, July 31st.
View Sterling Bancorp's dividend history.

6 brokerages have issued 12-month target prices for Sterling Bancorp's stock. Their forecasts range from $14.00 to $25.50. On average, they expect Sterling Bancorp's share price to reach $18.10 in the next year. This suggests a possible upside of 40.3% from the stock's current price.
View analysts' price targets for Sterling Bancorp.

News articles about STL stock have trended extremely negative on Thursday, InfoTrie Sentiment reports. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Sterling Bancorp earned a media sentiment score of -4.1 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the near term.
View the latest news about Sterling Bancorp.

Sterling Bancorp saw a decrease in short interest in February. As of February 15th, there was short interest totaling 7,940,000 shares, a decrease of 16.9% from the January 31st total of 9,550,000 shares. Based on an average daily volume of 1,230,000 shares, the days-to-cover ratio is currently 6.5 days. Currently, 4.1% of the company's stock are sold short.
View Sterling Bancorp's Short Interest.

Some companies that are related to Sterling Bancorp include Truist Financial (TFC), PNC Financial Services Group (PNC), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), SVB Financial Group (SIVB), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Signature Bank (SBNY), Zions Bancorporation NA (ZION), East West Bancorp (EWBC), Prosperity Bancshares (PB) and Cullen/Frost Bankers (CFR).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Sterling Bancorp investors own include JPMorgan Chase & Co. (JPM), General Electric (GE), Bank of America (BAC), BGC Partners (BGCP), Heico (HEI), NVIDIA (NVDA), QUALCOMM (QCOM), Wells Fargo & Co (WFC), Alibaba Group (BABA) and Alphabet (GOOG).

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

Sterling Bancorp's stock is owned by many different institutional and retail investors. Top institutional shareholders include Diamond Hill Capital Management Inc. (3.61%), Bank of New York Mellon Corp (1.23%), Principal Financial Group Inc. (1.12%), Victory Capital Management Inc. (1.05%), Goldman Sachs Group Inc. (0.55%) and Bank of Montreal Can (0.48%). Company insiders that own Sterling Bancorp stock include Brian T Edwards, Fernando Ferrer, Jack L Kopnisky, James J Landy, 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.

STL stock was sold by a variety of institutional investors in the last quarter, including Ensign Peak Advisors Inc, Goldman Sachs Group Inc., Victory Capital Management Inc., Diamond Hill Capital Management Inc., Prudential PLC, New York State Common Retirement Fund, Russell Investments Group Ltd., and Macquarie Group Ltd.. Company insiders that have sold Sterling Bancorp company stock in the last year include Brian T Edwards, Rodney Whitwell, and Thomas X Geisel.
View insider buying and selling activity for Sterling Bancorp.

STL stock was acquired by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., First Trust Advisors LP, Prudential Financial Inc., Rafferty Asset Management LLC, Bank of Nova Scotia, UBS Group AG, Comerica Bank, and Shulman DeMeo Asset Management LLC. 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.

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 $12.90.

Sterling Bancorp has a market capitalization of $2.51 billion and generates $1.33 billion in revenue each year. The financial services provider earns $427.04 million in net income (profit) each year or $2.07 on an earnings per share basis. Sterling Bancorp employs 1,639 workers across the globe.

The official website for Sterling Bancorp is 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]